Booking Financial News
20.06 / 05:13
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Akme Fintrade India IPO: Check day 2 subscription status, latest GMP, should you subscribe, other key details
₹114 to ₹120 per share. At the upper-end of the price band, the company plans to raise ₹132 crore from the issue which is entirely a fresh issue of 1.1 crore share.The NBFC intends to utilise the fresh issue proceeds for augmenting its capital base.Akme Fintrade India IPO lot size is 125 shares and the minimum investment amount required by retail investors is ₹15,000.
19.06 / 22:59
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Who is Suborno Bari? Know about child prodigy who became youngest child to graduate
genius will soon graduate from Long Island High School at the youngest age ever. Lynbrook native Suborno Bari has already penned two books and even lectured at an Indian institution. In the fall, he will thereafter be attending New York University. On June 26th, he will receive his diploma from Malverne High School, as per the reports of the New York Post. While talking to ABC 7, Bari said that it is really exciting.
19.06 / 18:53
19.06 / 17:39
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Gensol Engineering bags another BESS project from GUVNL
Gensol Engineering on Wednesday said it has bagged an additional 250 MW/500 MW Battery Energy Storage System Project (BESS) from GUVNL, taking its order book to Rs 3,100 crore in the segment. Gujarat Urja Vikas Nigam Limited (GUVNL) had earlier awarded the company a BESS project in a similar capacity. «It has been allotted the greenshoe option of 250 MW/500 MWh by GUVNL to reach the 500 MW/1000 MWh BESS project. This takes its total BESS order book to over Rs 3,100 crore,» Gensol Engineering said in an exchange filing. The energy storage system of 500 MW/1,000 MW means 500 MW of battery energy can provide power backup for more than an hour, giving a total output of 1,000 MW.
19.06 / 16:41
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2020
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Yes Bank’s turnaround: Why Prashant Kumar still has miles to go
Life Ko Banao Rich. It wasn’t a phoenix, but observers could be forgiven for thinking so, given how the lender had risen from the ashes of its earlier mismanagement. This rebranding followed almost two years of discussions by the board of Yes Bank, now under the aegis of State Bank of India (SBI).
19.06 / 14:15
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RBI net sold $3.6 billion in FX market in April amid global volatility
Reserve Bank of India net sold $3.6 billion in the foreign exchange market in April — marking the first net dollar sale in four months — as escalating tensions in the Middle East likely prompted the central bank to intervene in the market to curb volatility in the rupee’s exchange rate. Latest RBI data showed that on a gross basis, the central bank sold $11.65 billion in the currency market in April while making purchases worth $8 billion.
19.06 / 12:07
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Divinity
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Falcon Technoprojects India IPO day 1: Check Subscription status , GMP, key dates and all you need to know
Also Read- Divine Power Energy IPO price band fixed at ₹36-40:check issue size, key dates On Monday, June 24, 2024, the allocation for the Falcon Technoprojects India IPO is anticipated to be completed. The Falcon Technoprojects India IPO listing is scheduled to happen on Wednesday, June 26, 2024, whereby the Falcon shares will be listed on NSE SME.The price of each share in the Falcon Technoprojects India initial public offering (IPO) is fixed at ₹92.
19.06 / 12:07
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"Will work to increase number of students, professors": Nalanda University's Chancellor Arvind Panagariya
Nalanda University's Chancellor Arvind Panagariya expressed gratitude as Prime Minister Narendra Modi inaugurated the new campus of the university on Wednesday and said that he has started working on the direction to increase the number of students and professors in the University. Prime Minister Narendra Modi unveiled a plaque at the new campus of Nalanda University in Bihar's Rajgir as he inaugurated the campus on Wednesday morning. While speaking to ANI, Arvind Panagariya said that soon the number of regular students in the University is going to reach 1,000.
19.06 / 12:07
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Manufacturing
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Durlax Top Surface IPO booked over 5 times on day 1; check latest GMP, subscription status, more
₹65 to ₹68 per equity share, having a face value of ₹10.The firm manufactures solid surface materials, which are distributed throughout India via a large distribution network of distributors and direct clients, as well as exported to countries such as Dubai, Bahrain, Greece, and Nepal. The firm operates under two names, LUXOR and ASPIRON, which provide a wide variety of solid surfaces.
19.06 / 11:47
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CAT
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CAT 2024 registration date expected soon; Here are key dates, eligibility and other details
Interested students must complete their CAT 2024 registration by September 21, 2024, to book a slot for the exam. The test remains important for candidates across the country as it holds admission to 21 IIMs, IITs, and over 1200 other B-schools across India.
19.06 / 10:45
UPS
Booking
economy
performer
Real estate stocks end 9-day winning run on profit booking; Nifty Realty falls 3%
Also Read: Nifty 50 set record highs 32 times in 2024, up 11% from June 4 lowFollowing one of their worst intraday performances on June 4, real estate stocks resumed their winning streak in the subsequent session after the ruling Bharatiya Janata Party (BJP) secured sufficient support from key allies to form a coalition government, ensuring Modi’s return to power for a third consecutive term.Investors anticipate continued strong economic growth despite the coalition government set up, projecting that the government's focused emphasis on Capex growth over the past four years will persist, which is expected to bolster the country's economic engine, driving growth and strengthening it further.Amid this backdrop, from June 05 to June 18, the index surged from 976 to 1,150 points, marking an impressive gain of nearly 18%.As the Indian economy has experienced robust growth in recent years, disposable incomes among Indians have risen, prompting increased investment in the real estate sector. Real estate has been a preferred choice for the majority of Indians.Also Read: Defence stocks tumble amid profit booking; Bharat Dynamics down 6%Consequently, developers experienced a stellar response, with sales soaring within hours of opening bookings.
19.06 / 10:45
markets
Booking
Stock market today: Nifty 50 snaps 5-day winning streak on profit booking at higher levels
₹434 lakh crore from nearly ₹437.2 lakh crore in the previous session, making investors lose about ₹3.2 lakh crore in a single session.Only 11 stocks managed to end in the green in the Nifty 50 pack, with Axis Bank (up 3.11 per cent), HDFC Bank (up 3.06 per cent), ICICI Bank (up 1.92 per cent), IndusInd Bank (up 1.86 per cent), Kotak Mahindra Bank (up 1.49 per cent), and SBI (up 1.11 per cent) as the top gainers.Shares of Titan (down 3.60 per cent), Maruti Suzuki (down 2.60 per cent), Bharti Airtel (down 2.41 per cent), Bajaj Auto (down 2.40 per cent), BPCL (down 2.32 per cent) and Larsen and Toubro (down 2.23 per cent) ended as the top losers.Nifty Bank index hit its fresh record high of 51,957 during the session and ended with a strong gain of 1.90 per cent at 51,398.05 with 10 components in the green and only two - AU Small Finance Bank (down 1.25 per cent) and Bank of Baroda (down 0.87 per cent) - in the red.Nifty Private Bank index jumped 2.01 per cent, but the PSU Bank index ended with a nominal gain of 0.09 per cent.Among the losers, Nifty Realty (down 2.83 per cent), Consumer Durables (down 1.96 per cent), Oil & Gas (down 1.74 per cent), Auto (down 1.30 per cent), Media (down 1.29 per cent) and Metal (down 1.18 per cent) lost significantly.(More to come)Milestone Alert! Livemint tops charts as the fastest growing news website in the world
19.06 / 10:45
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Divine Power Energy IPO price band fixed at ₹36-40: check issue size, key dates and other details
₹36-40. The Issue opens for subscription on Tuesday 25 June 2024 The Small and Medium Enterprises (SME) IPO that opens on 25 June'2024, will be available for subscription for investors till 27 June 2024. Opening day for Anchor Book is Monday, June 24.' 2024.On Friday, June 28, 2024, the allotment for the Divine Power IPO is anticipated to be completed.
19.06 / 10:25
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New capital rules will be costly for Canadian banks and economy, says analyst
New capital rules for Canada’s largest banks are expected to come with a raft of business and economic costs, potentially crimping lending and putting the banks on unequal footing with counterparts in the United States and Europe, according to a veteran analyst.
19.06 / 08:49
19.06 / 08:01
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DEE Development Engineers IPO booked 94% so far on Day 1; retail, NII fully subscribed. Check GMP, subscription status
Also Read: Dee Development Engineers IPO: GMP, review, subscription status, other details. Apply or not?The engineering company, Dee Development IPO price band has been fixed in the range of ₹193 to ₹203 per equity share of the face value of ₹10.
19.06 / 08:01
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HPCL, BPCL, IOCL share prices rise 28-38% year-to-date: Should you Buy, Sell or Hold the stocks?
Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) share price have given 28-38% year to date returns to the investors . This is despite challenges on rising crude prices, volatility in gross refining margins, and concerns on marketing margins that erupted ahead of Lok Sabha Elections'2024.
19.06 / 04:53
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Zomato shares rise 2.54% as Nifty gains
Zomato Ltd. traded 2.54 per cent up at Rs 193.5 on Wednesday at around 09:59AM (IST), while the benchmark BSE Sensex advanced 159.09 points to 77460.23. As many as 2,329,585 shares changed hands on the counter with a total value of Rs 44.94 crore.
19.06 / 03:53
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Akme Fintrade IPO opens today: Check latest GMP, subscription status, key dates, more. Apply or not?
₹38 crore from anchor investors on Tuesday, June 18. The anchor book featured Sigma Global Fund, Zeal Global Opportunities Fund, SB Opportunities Fund 1, and Vikasa India EIF Fund 1, as per company's exchange filing.
19.06 / 03:53
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Dee Development Engineers IPO: GMP, review, other details. Apply or not?
Dee Development Engineers IPO: The initial public offering of Dee Development Engineers Limited opened today. The public issue will remain open for bidders until 21st June 2024, which means the Dee Development Engineers IPO subscription will remain open from Wednesday to Friday this week.
18.06 / 19:57
Hollywood
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Will Smith to star in sci-fi movie ‘Resistor’ from Sony Pictures. Details here
Will Smith is in negotiations to play the lead role in a brand-new Sony Pictures film titled 'Resistor'. The 2014 book 'Influx' by New York Times bestselling author Daniel Suarez served as the inspiration for the Escape Artists film. The book is about a government agency that imprisons inventors and steals their ideas, as reported by 'The Hollywood Reporter'. Who will direct 'Resistor'?
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