Booking Financial News
14.06 / 17:47
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Infinix ventures into tablets? XPad rumors hint at imminent launch: What to expect
Infinix XPad is expected to target the mid-range market segment, suggesting it will not feature high-end specifications typically found in flagship devices. There is also ambiguity regarding whether the tablet will be available in both Wi-Fi only and Wi-Fi + LTE versions.Infinix has been making significant strides in the tech market recently.
14.06 / 14:07
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CBI conducts searches at 14 locations in connection with Rs 5717-cr fraud by SKS Power Generation
CBI conducted searches at 14 locations on Friday after registering an FIR into the alleged Rs 5717-crore bank fraud by Chhattisgarh-based SKS Power Generation Ltd, officials said. In its FIR, registered on the orders of Allahabad High Court, the CBI has alleged that company promoted by SKS Ispat and Power Ltd. (SKSIPL) had availed Rs 6,170 crore loan from State Bank of India (SBI), L&T Infrastructure Finance Limited, PTC India Finance Limited, and State Bank of Bikaner and Jaipur which resulted in the default of Rs 5717 crore, they said. The CBI has booked Anil Mahabir Gupta, Director of SKS Power Generation (Chhattisgarh) Ltd, Anish Anil Gupta, Director of SKS Ispat and Power Limited, Mumbai and 26 others including two officers of State Bank of India, they said.
14.06 / 11:45
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Durlax Top Surface IPO price band set at ₹65-68 per share: check issue size, key dates and other details
₹65 to ₹68 per share of face value of ₹10 each. The SME (Small and Medium enterprises) will open for subscription for investors on Wednesday, 19 June 2024.The subscription period for the Durlax Top Surface IPO begins on June 19, 2024, and ends on June 21, 2024.
14.06 / 11:17
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Telugu textbooks in Telangana carry KCR's name, state government embarrassed
Telugu textbooks carrying the previous year's foreword referring to K Chandrasekhar Rao as the Chief Minister was used in this year's books causing embarrassment to the Congress government in Telangana. Books for classes 1 to 10, carrying the old foreword, were also distributed to students of state-run schools when they reopened on June 12 after the summer vacation. Sources on Friday claimed that the officials initially sought the textbooks to be returned but now suggested pasting the foreword page on the backside of the (inner) cover page so that the reference to the previous government is not visible. When contacted, a senior Education department official on Thursday said a particular textbook was not distributed to students as some rectifications are to be carried out, but did not elaborate.
14.06 / 11:17
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Commentary
Is it a good time to buy travel related stocks? Daljeet Singh Kohli answers
«We want to increase the exposure to consumption sector as such because that was the sector which we were significantly underweight,» says Daljeet Singh Kohli, Vasuki India Fund. What is the say on defence pack? Yes, the order books of these companies were quite solid. The question was on the execution and then the valuations. Would you still buy afresh? No, I do not think for buying fresh, you will have to look for some differentiated ideas. Maybe within the pack if you can find something which is a supplier to somebody or which is doing some particular component, some parts or some kind of services that they are offering, so those kind of niche ideas one can still look at.
14.06 / 08:43
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GP Eco Solutions India IPO subscribed 30 times so far on Day 1; Check GMP, price band, other key details of SME IPO
Also Read: ixigo IPO allotment status out. Latest GMP, how to check application status for Le Travenues Technology sharesLet us check GP Eco Solutions IPO GMP, subscription status and other key details of the SME IPO.GP Eco Solutions IPO has been subscribed 30.44 times in total so far on June 14, the first day of the bidding process.
14.06 / 06:49
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Ample growth opportunities for all IT services companies from a longer-term perspective: Sumit Pokharna
«My only fear is that even if the client spend higher on IT budgets, but if that translates into higher insourcing budget or it translates to higher spending on the hyperscalers, then orders may not come to Indian IT services,» says Sumit Pokharna, VP Analyst, Kotak Securities. The underperformance in the IT pack has already played for a while right now while the rest of the market has been booming and we are sitting at all-time high pretty much across the board, barring of course a few stocks here and there. If you were to do a SWOT analysis of the IT sector right now, will you think that what is going to weigh heavy right now are the weaknesses and not the strengths in favour of IT? TCV has been very strong and that is a very positive side. But if you look at the earnings or the revenue side of it, that is not converting into revenue. Why is it so? Because there are some slippages or there are some postponement of existing order book.
14.06 / 06:17
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Shree Cements shares rise 0.46% as Nifty gains
Shree Cements Ltd. traded 0.46 per cent up at Rs 27613.0 on Friday at around 11:26AM (IST), while the benchmark BSE Sensex advanced 86.49 points to 76897.39. As many as 177 shares changed hands on the counter with a total value of Rs 0.5 crore.
14.06 / 05:31
14.06 / 05:31
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electronic
BEL shares rise 1.89% as Nifty gains
Bharat Electronics Ltd. traded 1.89 per cent up at Rs 306.65 on Friday at around 10:40AM (IST), while the benchmark BSE Sensex advanced 147.0 points to 76957.9. As many as 2,804,492 shares changed hands on the counter with a total value of Rs 85.69 crore.
14.06 / 02:35
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Services export boom is most unheralded story of India in last five years: S Naren
«The services export boom of India is the most unheralded story of India in the last five years and it is talked about very little and that has not just come through these IT companies, it has come out of the GCCs which are there and I think without Indian GCCs, which are the global competence centres of the multinationals operating in the world, I think all the top 500 companies of the world are today dependent on Indian global competence centres for them to run,» says S Naren, ED & CIO, ICICI Prudential AMC. The market always gives you pockets of excitement, pockets of despair. And I can see some pockets of despair. One is IT. To some extent, you could say underperformance in private banks. Are these two sectors getting ready now to start outperforming, whether it is largecap IT or largecap private banks? Certainly, I would say private banks is an area which appears to be at fair value. So, if you look at the funds that I run directly, like Value Discovery, for example, I have never had a situation in Value Discovery where private banks are such a big part of my portfolio.
14.06 / 02:27
14.06 / 02:27
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ixigo IPO allotment status out. Latest GMP, how to check application status for Le Travenues Technology shares
Also Read: DEE Development IPO to kick off for subscription on June 19; check out 10 key things to know from RHP before investingInvestors can do Ixigo IPO allotment status check online by following a few simple steps mentioned below. Here’s how to check ixigo IPO allotment status online.Step 1: Visit the IPO registrar’s website on this link - https://linkintime.co.in/initial_offer/public-issues.htmlStep 2: Select ‘Le Travenues Technology Limited’ from the dropdown menu.Step 3: Choose among PAN, Application No., DP Id and Account No.Step 4: Enter the details as per the option selected.Step 5: Click on ‘Submit’.Your Le Travenues Technology IPO allotment status will be displayed on the screen.Step 1: Visit allotment page on BSE's official website on this link https://www.bseindia.com/investors/appli_check.aspxStep 2: Under ‘Issue Type", select ‘Equity’.Step 3: Choose the IPO from the drop-down option under 'Issue Name'.Step 4: Enter PAN or application number.Step 5: Click 'I am not a Robot' to confirm your identity, then click the 'Submit' button.Your Ixigo IPO allotment status will be displayed on the screen.Also Read: Falcon Technoprojects IPO to open on June 19; check price band, issue size, key datesIxigo IPO GMP today, or grey market premium today, is ₹30 per share, as per stock market observers.
14.06 / 01:27
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 14
Buy or sell stocks for today: Despite weak global market sentiments on the hawkish US Fed meeting outcome, the Indian stock market ended higher for the third straight session. The Nifty 50 index finished 75 points higher at 23,398, and the BSE Sensex scaled 204 points north and ended at 76,810.
13.06 / 21:15
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Get ready to renew your US passport online, though there is a catch
State Department has announced a pilot project to facilitate online renewal of passports. This will enable Americans to apply for a passport from the comfort of their homes without having to step out and submit the forms physically. There are many requirements for this process and not all are eligible. Further, there will be a limit on the number of applications which are accepted every day. Pilot Project:
13.06 / 19:47
Booking
Continental
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War
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dance
'House of the Dragon' season 3 announced ahead of 'House of the Dragon' season 2 release date
House of the Dragon season 3 is all set to release soon as HBO has revealed ahead of the premier of the second season. In December 2023, «House of the Dragon» creator George R.R. Martin confirmed that third and fourth seasons were already in the pipeline. «House of the Dragon» is based on George R.R. Martin's book. The narrative sets in the two-century before "Game of Thrones" and it talks about the story of «House Targaryen».
13.06 / 18:17
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Heat forces Greek authorities to shut down Acropolis for a second day running
Greek authorities have closed down the Acropolis for much of the afternoon for a second day as the country swelters under unseasonably high temperatures
13.06 / 17:45
13.06 / 16:37
13.06 / 10:53
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ASI repaints the entrance of Safdarjung Tomb after selecting the wrong paint color
Safdarjung Tomb's main door is being repainted by the Archaeological Survey of India because it was unintentionally painted a dark yellow tint lately rather than its natural pale yellow. According to ASI officials, they had assumed that the gate's yellow color would lighten up after drying, but it didn't and didn't match the original color. As a result, we chose to start over. Officials stated, «We are really concerned to the originality of the construction, and it was a human error that is being corrected immediately. By the end of this month, the tomb's conservation efforts, which commenced in February, should be completed. This error would have prevented further work from being done till now. „This resulted in at least a month's delay,“ a senior Delhi Circle official stated.
13.06 / 09:43
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The Era of Shitcoins is Over: The First Dual Meme Coin Shiboon Is Here
The crypto world is buzzing with excitement as Shiboon, the world’s first dual meme coin , makes its grand debut. Combining the playful spirit of Shiba Inu with the wisdom of ape Baboon, Shiboon promises double the fun and double the earnings. The launch of Shiboon marks a significant milestone in the meme coin universe, offering a refreshing blend of humor, community-driven engagement, and strategic financial opportunities.
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