Ubs News - Latest Updates & Headlines
Hero Motocorp introduces 'Battery-As-A-Service model EV ownership
New Delhi, June 18: Hero Motocorp on Wednesday introduced the Battery-as-a-Service (BaaS) model for its VIDA VX2, which will help consumers reduce the upfront ownership cost, making electric mobility more affordable and accessible to a wider customer base.
ICC approves changes to two-ball rule in ODIs, concussion substitute protocols
New Delhi, June 14: The International Cricket Council (ICC) approved proposed changes to two-ball rule in ODIs and the concussion substitute protocol across all formats of men's international cricket, reported ESPNCricinfo on Saturday.
RSP Developers to invest Rs 600 crore in BTS and institutional space in Gurugram
New Delhi, June 14: Real estate firm RSP Developers will invest Rs 600 crore in built-to-suit (BTS) and institutional space in Gurugram, "strategically" aimed at assisting large Indian and foreign firms in establishing training and R&D facilities across India, providing end-to-end solutions for their real estate needs.
India-based GCCs emerge as global hubs for complex tax operations: Deloitte
New Delhi, June 14: Global companies are now using their India-based Global Capability Centres (GCCs) to run complex tax operations, covering corporate tax, indirect tax, transfer pricing, and litigation, according to a whitepaper report released by Deloitte, a multinational professional services firm.
Tariff reduction on farm products is risky, should be debated under proposed India-US trade deal: GTRI
New Delhi June 10: Global Trade Research Initiative (GTRI) is cautious about tariff reductions on farm products under the proposed India-US trade deal and emphasised that the potential impact of opening India's markets to subsidised American farm products needs careful consideration and thorough debate.
Miley Cyrus reveals how she hid her substance abuse money from her accountant
Los Angeles, June 7: Pop icon Miley Cyrus is getting candid about her past drug use. She also shared how she escaped the radar of her accountant when it came to narcotics money.
Apple brings 9 new games to Arcade, Angry Birds Bounce coming next month
New Delhi, June 7: Apple has expanded its Cloud-based gaming service Arcade’s catalogue of more than 200 games, all without ads or in-app purchases, with nine new games.
Delhi govt releases Rs 820 crore to MCD for development works
New Delhi, June 6: The Delhi government on Friday released Rs 820 crore to the Municipal Corporation of Delhi (MCD) as the first instalment of its annual allocation for development works.
India's PVC resin market set to grow by 8 pc to reach 5.5 MMT by FY27
New Delhi, June 5: Demand for polyvinyl chloride (PVC) resin in India is expected to grow by 8 per cent per annum to reach 5.5 million metric tonnes (MMT) by FY27, a report said on Wednesday.
Global Investors should reduce US dollar holdings amid new market conditions: UBS
New Delhi, June 4: The global investors holding too much cash in US dollars may face increasing risks, and it might be the right time to consider shifting some of that money into other currencies or assets, according to a report by UBS.
Jio's edge over Bharti's active & new subscriber additions will boost telecom tariff outlook: Jefferies
New Delhi, May 30: Reliance Jio added the highest number of mobile users in April 2025, beating Bharti Airtel in both active and reported subscriber additions, according to a report by Jefferies.
Reliance Jio leads April subscriber gains, strengthens 5G FWA dominance: TRAI data
New Delhi May 29: Reliance Jio continued its strong subscriber momentum in April 2025, adding 2.6 million new subscribers and a robust 5.5 million active users, according to the latest telecom subscription data released by the Telecom Regulatory Authority of India (TRAI).
Adani Electricity's 1st digital 220 kV substation to power BKC, surrounding Mumbai areas
Mumbai, May 29: Adani Electricity on Thursday said it recently inaugurated a state-of-the-art 220 kV digital substation in the Bandra Kurla Complex (BKC) to address the escalating power demands of BKC, Bandra East, Bandra West, Khar West, Santacruz East, and surrounding areas here.
Total telephone subscribers in India increase to 1,203.84 million in April
New Delhi, May 29: The number of total telephone subscribers in India increased from 1,200.80 million at the end of March to 1,203.84 million in April, a monthly growth rate of 0.25 per cent, the government’s telecom subscription data showed on Thursday.
Global trade war is the biggest investment risk in 2025 for family offices: UBS survey
New Delhi, May 26: Global trade wars are biggest risk to the investment this year, followed by major geopolitical conflict, and higher inflation, revealed Global Family Office Report 2025 by UBS.
Kerala sounds alert amid suspected hazardous substance leak from capsized cargo ship
Thiruvananthapuram, May 25: The Kerala State Disaster Management Authority (KSDMA) has issued a public warning following reports from the Indian Coast Guard of a possible leak of hazardous substances from a capsized container vessel off the state’s coast, an official said on Sunday.
Union Minister Hardeep Puri chairs consultative committee meeting on petroleum & natural gas
New Delhi, May 23: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri chaired the meeting of the Consultative Committee of the Ministry of Petroleum and Natural Gas in Haryana's Manesar on Friday, the Ministry of Petroleum & Natural Gas said in a release.
India's tech hubs offer 5-10 pc lower office fit-out costs in Asia Pacific
Mumbai, May 23: Tech hubs in India offer 5-10 per cent lower fit-out costs than financial centres in the Asia-Pacific region, with Bengaluru presenting fit-out costs 5 per cent below the national average, while Hyderabad sitting 8 per cent below average, according to a report released on Friday.
Tripura CM hails birth of three tiger cubs at Sepahijala zoo after 53 years
Agartala, May 22: Tripura Chief Minister Manik Saha on Thursday expressed happiness over the birth of three tiger cubs at the state’s Sepahijala Zoo and Wildlife Sanctuary, the first in the zoo’s 53-year history.
PM Surya Ghar scheme saving hospitals from hefty electricity bills in Rajasthan's Dholpur
Dholpur, May 22: The PM Surya Ghar: Muft Bijli Yojana, launched in February 2024, is rapidly transforming lives in Rajasthan’s Dholpur by significantly reducing electricity costs for both households and institutions — including hospitals.
Zach Braff to join medical sitcom 'Scrubs' reboot
Washington DC, May 22: Actor Zach Braff is on board to reprise his popular role of JD in a reboot of 'Scrubs' which is currently in development at ABC, reported Variety.
VP Dhankhar favours direct subsidy transfer to farmers, cites successful US model
New Delhi, May 22: Describing farmers as the soul of India and the most important part of social stability, Vice President Jagdeep Dhankhar on Thursday highlighted the government's efforts to boost their income and called for removing middlemen from the subsidy transfer mechanism.
Delhi Cabinet approves Rs 30,000 subsidy for 3 kW solar panels under Surya Ghar Scheme
New Delhi, May 20: Delhi Minister Manjinder Singh Sirsa on Tuesday unveiled a series of new initiatives under the leadership of Chief Minister Rekha Gupta.
CDSCO flags 196 drugs as Not of Standard Quality
New Delhi, May 20: According to recent report released under Central Drugs Standard Control Organisation (CDSCO), 196 drugs have been found Not of Standard Quality (NSQ).
Emirates NBD in India: Bank gets in-principle nod to set up wholly owned subsidiary
New Delhi, May 20: The Reserve Bank of India (RBI) has decided to grant "in-principle" approval to Emirates NBD Bank for setting up a Wholly Owned Subsidiary (WOS) in India.
Abu Dhabi to establish more 'Nabdh' community hubs
Abu Dhabi, May 20: The Department of Community Development - Abu Dhabi (DCD) and the Department of Municipalities and Transport (DMT), signed an agreement marking to expand and establish more "Nabdh" community hubs across various regions of the Emirate.
Amul dairy plant to be set up in Assam; CM announce schemes
Dispur, May 16: Assam Chief Minister Himanta Biswa Sarma on Friday rolled out several announcements, including the establishment of an Amul dairy plant in the state, a food grain subsidy, a remuneration for Information and Communication (ICT) teachers, and others.
Atal Pension Yojana accumulates record 7.65 crore subscribers; women make about 48pc
New Delhi, May 16: Atal Pension Yojana has accumulated a record 7.65 crore subscribers, and women make up about 48 per cent of all, according to data from the government.
UK in talks with several countries to set up 'return hubs' for asylum seekers
Tirana, May 15: British Prime Minister Keir Starmer on Thursday announced that the United Kingdom is in talks with several countries to set up 'return hubs' for failed asylum seekers while they await deportation.
Punjab: Paddy straw-based boilers to get subsidy
Chandigarh, May 15: In a major initiative, the Punjab government on Thursday said it has amended the Industrial and Business Development Policy of 2022 to introduce a capital subsidy scheme for the installation of paddy straw-based boilers.
Over 100 terrorists killed in Pak terror hubs: DGMO Lt General Rajiv Ghai on Operation Sindoor
New Delhi, May 11: More than 100 terrorists, including those involved in the 1999 Indian Airlines flight (IC-814) hijacking, and the 2019 Pulwama terror attack, were eliminated in the precision strikes carried out by the armed forces in Pakistan and Pakistan-Occupied Kashmir (PoK) under Operation Sindoor, Director General Military Operations (DGMO) Lieutenant General Rajiv Ghai said on Sunday.
Reliance Jio added 2.17 mn new mobile users in March out of total 2.93 mn
New Delhi May 7: Telecom major Reliance Jio made an addition of about 2.17 million new subscribers out of 2.93 million for the entire industry in the month of March 2025.
India's wireless subscriber base hits 1.16 billion in March, grows 0.28% monthly: TRAI
New Delhi May 7: India's total wireless subscriber base, including mobile and 5G fixed wireless access (FWA), rose to 1,163.76 million in March current year from 1,160.33 million in February, marking a monthly growth of 0.28 per cent, according to data released by the Telecom Regulatory Authority of India (TRAI) on Wednesday.
IPL 2025: Ashwani Kumar replaces Corbin Bosch as concussion substitute
Mumbai, May 6: Mumbai Indians were on Tuesday forced to bring in pacer Ashwani Kumar as a concussion substitute for Corbin Bosch after the South African all-rounder was struck on his helmet during the final over of the first innings in Match 56 of Indian Premier League at the Wankhede Stadium.
Met Gala 2025: Demi Moore slays in tie-inspired gown featuring over a million beads
New York, May 6: Actor Demi Moore stunned on the Met Gala red carpet in a Thom Browne gown designed to resemble a men's tie.
Kagiso Rabada cleared to play again after completing 'substance abuse treatment program'
New Delhi, May 5: South Africa pacer Kagiso Rabada has been cleared to play again after completing the 'substance abuse treatment program' following testing positive for a recreational drug during the SA20 competition earlier this year.
To relieve pain of farmers is my foremost duty: Vice President Dhankhar
New Delhi, May 4: Vice President Jagdeep Dhankhar on Sunday expressed his deep sentiments toward the farmers of the nation and said that it is his foremost duty to understand their pain and suggest ways to transform their lives.
MP to grant industry-grade benefits to self-sustaining cowsheds: CM Yadav
Gwalior, May 4: The Madhya Pradesh government has decided to offer facilities at par with those offered to industries like lands and other financial subsidies for self-reliant Gaushalas (Cowsheds) in Madhya Pradesh.
Rs 1,700 cr approved for Joshimath rehab, first instalment released: Uttarakhand CM Dhami
Dehradun, May 4: Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday announced that the Central government has approved Rs 1,700 crore disaster relief package for the rehabilitation and reconstruction of Joshimath, which has been grappling with severe land subsidence since early 2023.
Custom Hiring Scheme turns lifeline for small farmers in Shahdol
Shahdol, May 3 : The Custom Hiring Scheme, launched under the Sub-Mission on Agricultural Mechanization (SMAM) by the Central government led by Prime Minister Narendra Modi, is transforming rural agriculture and empowering small farmers across India. In Madhya Pradesh's Shahdol district, the scheme has become a game-changer by not only increasing productivity but also opening avenues for self-employment and income generation.