Blues Financial News
12.09 / 08:05
12.09 / 07:13
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blues
Cream shirt & Jacket, Khaki Trouser: New Parliament officials to get new NIFT-designed uniforms
new Parliament building is just around the corner, scheduled for next week. Excitement is building as preparations are in full swing, with notable changes in store for those involved in legislative work, especially the personnel deployed in both Lok Sabha and Rajya Sabha. One of the most prominent changes is the introduction of new uniforms for the staff.
12.09 / 03:57
UPS
Progressive
Boeing
country
blues
trudeau
Canada PM Trudeau stuck in India after airplane breakdown; back up en route
Justin Trudeau and his delegation are facing travel disruptions in India as their official aircraft developed technical issues, leaving them stranded in Delhi. The situation is causing uncertainty and may result in Trudeau's return to Canada being delayed. The 30-year-old aircraft, an Airbus A310, was scheduled to transport Trudeau and his team back to Canada from Delhi on Sunday night.
11.09 / 21:47
11.09 / 19:43
COST
UPS
Booking
Moodys
blues
analyst
In 'shift,' some car shoppers shun top-of-the-line models, analyst says. How to find an inexpensive new vehicle
During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers are shifting their focus to less expensive models. Finding one, however, might not be easy.
11.09 / 15:59
UPS
Provident
Digital
Waters
performer
star
blues
Best geyser in India: Choose from top 10
water heaters, choosing the best geyser in India can be a daunting task. Factors like capacity, energy efficiency, and advanced features come into play, making the decision more complex than ever before. To help you navigate this warm, watery landscape, we've compiled a comprehensive list of the top 10 geysers available in India.
11.09 / 14:59
FIVE
Waters
Platform
Diamondback
blues
Joint Venture
Diamondback, Five Point Energy form water management joint venture
(Reuters) — U.S. shale oil producer Diamondback (NASDAQ:FANG) Energy has formed a new joint venture with private equity firm Five Point Energy LLC to create a water infrastructure network in the Midland Basin that is part of the oil-rich Permian in Texas.
11.09 / 12:11
Marvell
Honda
MAT
blues
New Honda CB300F launched at ₹1.7 lakh. Check what's updated?
₹1.70 lakh (ex-showroom, Delhi) and can be reserved at BigWing dealerships. It boasts a 293cc, oil-cooled, 4-stroke, single-cylinder PGM-FI engine that delivers 18 kW of power and 25.6 Nm of peak torque. The 2023 CB300F will come in a Deluxe Pro variant and offer a choice of three colors: Sports Red, Mat Marvel Blue Metallic, and Mat Axis Grey Metallic.
11.09 / 11:35
FIVE
Southern
Duke
blues
US LBM Coaches Poll: Major changes in top 5. Details here
US LBM Coaches Poll reveals some significant changes within the top five rankings for the second consecutive week, as per a USA Today report. Georgia continues to dominate the chart, maintaining its hold on the number 1 position, securing nearly all of the 65 first-place votes cast this week. Michigan remains firmly in the number 2 spot, receiving the sole remaining first-place vote. The landscape begins to shift at number 3, attributed to Alabama's recent defeat at home against Texas. Florida State swiftly climbs to the third position, surpassing Ohio State in the process. Meanwhile, Southern California advances to number 5, narrowly fending off Texas by a single point in the polls. The Longhorns' ascent of four places is noteworthy, driven by their impressive victory in Tuscaloosa. Penn State, Washington, and Tennessee maintain their respective positions, while the Crimson Tide experiences a substantial setback, plummeting seven places to number 10. They are merely 12 points ahead of Notre Dame. Duke and Colorado also make notable gains, securing the number 20 and number 21 spots, respectively. This marks a significant achievement for the Blue Devils, as they haven't held such a high ranking since October 25, 2015, and the Buffs achieve their highest rating since October 7, 2018.
11.09 / 11:35
UPS
Citi
IPO
band
blues
open
SAMHI Hotels IPO to open on Thursday
SAMHI Hotels will open on Thursday, September 14, for subscription and closes on Monday, September 18. The public issue of face value of Rs 1 per equity share comprises a fresh issuance of equity shares worth Rs 1200 crore and an Offer for Sale (OFS) of up to 13.50 million equity shares. SAMHI Hotels has fixed the price band at Rs 119 to Rs 126 per equity share for its maiden public offer. Investors can bid for a minimum of 119 equity shares and in multiples of 119 equity shares thereafter. Ahead of the IPO, Madhuri Madhsudan Kela, along with Nuvama Crossover Opportunities Fund and TIMF Holdings have picked up stake in Gurugram-based SAMHI for a total consideration of Rs 130 crore from Blue Chandra Pte Ltd. As per disclosures made by SAMHI last week, selling shareholder, Blue Chandra Pte.
11.09 / 10:37
Apple
Remark
Yellow
PINK
AirPods
performer
blues
iPhone 15
One day left! Apple Wonderlust event: iPhone 15, Apple Watch Series 9, Ultra, and AirPods expected
Apple will also announce the official release dates for iOS 17, iPadOS 17, watchOS 10, and tvOS 17. These were originally introduced during WWDC23 back in June. Here is everything expected to launch tomorrow.
11.09 / 10:21
UPS
IPO
Platform
band
country
blues
SAMHI Hotels sets Rs 119-126 price band for its Rs 1,370 crore-IPO
SAMHI Hotels has fixed a price band of Rs 119-126 per equity share for its maiden public offer, which opens for subscription on September 14. The issue, which closes on September 18, comprises fresh issuance of equity shares worth Rs 1,200 crore and an offer for sale (OFS) of up to 1.35 crore equity shares. Under the OFS, Blue Chandra Pte will offload 84.2 lakh shares, Goldman Sachs to sell up to 49.31 lakh equity shares and GTI Capital Alpha will give up 1.4 lakh shares. The offer is being made through the book-building process where 75% of the issue is reserved for qualified institutional buyers, 15% for non-institutional investors, and 10% for retail investors. Investors can bid for a minimum of 119 equity shares and in multiples thereafter. Ahead of the IPO launch, Blue Chandra Pte sold 10.32 million shares or 8.4% stake to renowned investor Madhusudan Kela's wife, Madhuri Kela, along with Nuvama Crossover Opportunities Fund and TIMF Holdings, who have picked up a stake in Gurugram-based SAMHI Hotels for a total consideration of Rs 130 crore. SAMHI Hotels is a prominent hotel ownership and asset management platform in India, with the third largest inventory of operational keys (owned and leased) in the country as of February, 2023. The company acquires or builds primary hotels and thereafter renovates, and rebrands the properties under its wings.
11.09 / 06:53
Booking
Manufacturing
Duke
stage
electronic
blues
Features
New KTM 390 Duke launched in India at ₹3.11 lakh. Check features and booking details
₹3.11 lakh. Interested buyers can reserve their 2024 KTM 390 Duke by placing a booking on the manufacturer's official website, requiring a token payment of ₹4,499. Anticipated delivery of the 2024 KTM 390 Duke is set to commence prior to the onset of the festive season.
11.09 / 03:41
UPS
IPO
band
blues
Samhi Hotels IPO: Samhi Hotels fixes IPO price band of ₹119 to ₹126 per share
₹119 to ₹126 per share of a face value of ₹1 each for its upcoming initial public offering (IPO) which opens for public subscription on September 14 and closes on September 18. The bidding for the anchor investors of the initial share sale of Goldman Sachs-backed Samhi Hotels will open on September 13, according to the red herring prospectus (RHP). As Mint reported earlier, Samhi Hotels proposed an IPO comprising a fresh issue of equity shares worth ₹1,200 crore and an Offer For Sale (OFS) of 1.35 crore equity shares by existing shareholders.
11.09 / 01:47
Siemens
BEAS
Enterprise
show
blues
Stocks in news: Adani Enterprises, Adani Ports, Coffee Day, Siemens, IRB Infra
Adani Enterprises, Adani PortsBillionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies — Adani Enterprises and Adani Ports — as the ports-to-energy conglomerate continues to work on a claw back strategy.IRB InfrastructureIRB Infrastructure Developers, IRB Infrastructure Trust, have collectively reported the toll revenue of Rs 417 crore for the month of August, showing growth of 24% year-on-year.SJVNSJVN, through its wholly owned subsidiary SJVN Green Energy Limited (SGEL), has signed a PPA with Bhakra Beas Management Board (BBMB) for 18 MW solar power.Read more: Here's the trade setup for today's sessionCoffee Day EnterprisesAn application has been filed against the company under Insolvency and Bankruptcy Code. The company said it is seeking appropriate legal advice and will take all appropriate steps to protect its interest.InsecticidesA fire accident occured at one of the plants in Dahej.
10.09 / 21:35
10.09 / 13:03
UPS
Waves
Invesco
show
blues
Companies bet against high for long in bond blitz
bond market at record-breaking pace made one thing clear: They don’t expect rates to stay elevated for long. More than $110 billion in bonds sold globally this week, the busiest start to September on record, with issuance heavily skewed to debt due in under 10 years. The barrage was led by investment-grade issuers, teeing up a wave of junk, including billions of dollars in buyout funding. “Companies don’t really want to lock in these high yields for a very long time if they can avoid it,” said Matt Brill, head of North America investment-grade credit at Invesco Ltd., which manages $1.5 trillion in assets. Prospects of a soft landing in the US and hopes that central banks will soon be able to slow their tightening campaigns make longer-dated debt more attractive to investors.
10.09 / 07:49
UPS
performer
audience
blues
Ind vs Pak, Asia Cup 2023: How can Virat Kohli, Rohit Sharma tackle Shaheen Afridi's challenge? Ex-India star opines
India's top-order batters struggled to find their footing in the first Asia Cup clash against Pakistan, resulting in losing 4 wickets for a score of 66 runs. Later on, the more than 100-run partnership between Ishan Kishan and Hardik Pandya helped the Indian side go past the 250-run mark and set a respectable total before the match was washed out owing to rains.
10.09 / 06:05
country
blues
US President
"This year's Summit proved that G20 can still drive solutions....": US President Biden
Joe Biden on Saturday said that this year's G20 summit has proved that the group can still drive solutions to the most pressing issues of the climate crisis, fragility, and conflict. Taking to X, US President said, «At a moment when the global economy is suffering from the overlapping shocks of the climate crisis, fragility, and conflict, this year's Summit proved that the G20 can still drive solutions to our most pressing issues.»India is hosting the G20 Summit this year in New Delhi on September 9-10. On September 9, the Delhi Declaration was adopted. It called on nations to uphold international law, including territorial integrity, international humanitarian law and the multilateral system that safeguards peace and stability. The declaration envisages a green development pact for a sustainable future, it endorses high level principles on lifestyle for sustainable development, voluntary principles of hydrogen, the Chennai principles for a sustainable resilient blue economy and the Deccan principles on food security and nutrition among others
10.09 / 05:15
country
blues
hymn
G20 Summit Day 2 begins: Full schedule of mega conclave
G20 summit being held under India’s presidency in New Delhi, the G20 summit now heads to day 2 of the world leader’s conclave. Day 2 of the G20 summit started with the leaders visiting Delhi’s Raj Ghat to lay wreaths at the Samadhi of the father of the nation Mahatma Gandhi. A musical tribute featuring favourite hymns of Mahatma Gandhi was also played at the wreath laying function.CATCH ALL LIVE UPDATES OF G20 SUMMIT HERE The leaders will head for the Bharat Mandapam where a Tree planting ceremony will take place at the South Plaza. This will be followed by the the third session of the G20 summit 'One Future' which will be held at Bharat Mandapam. A G20 exhibition for spouses of World leaders is also scheduled for the 2nd day of the summit.
10.09 / 05:07
UPS
IPO
Target
Booking
band
blues
week
2 mainboard and 1 SME IPO to hit primary markets this week. Check details
This week, IPOs of three companies including RR Kabel, SAMHI Hotels, and Chavda Infra (SME), will open for subscription. «A strong pipeline of over USD 9 billion, which has been approved by capital markets regulator Sebi, and another USD 6 billion filed with the capital markets watchdog, of which USD 10 billion should fructify. Remaining fiscal 2023 looks promising for primary markets,» Mahavir Lunawat, Managing Director of Pantomath Capital Advisors. «Next week looks promising with IPOs like EMS Limited, RR Kabel among others on the horizon, targeting to raise cumulative funds amounting to Rs 3200+ crore,» Lunawat added. Further, it is encouraging to note that as the IPO market is sizzling, FPIs have poured over Rs 21,000 crore into IPOs in Apr-Aug’23, he said.Mainboard IPOsRR KabelThe initial public offer (IPO) of consumer electrical product maker RR Kabel would open for public subscription on September 13.
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