Booking Financial News

Hitachi Energy surged 8% to ₹11,700 apiece in early morning trade today following the release of impressive Q4 and full fiscal year (FY24) results. After market hours on Tuesday, the company reported a 123.7% increase in Q4 consolidated net profit, reaching ₹113.7 crore compared to ₹50.8 crore in Q4 FY23. Sequentially, net profit soared 394.8%, with the previous quarter's profit at ₹23 crore.

Bharat Heavy Electricals (BHEL) cracked almost 8 per cent in early deals on BSE on Wednesday, May 22, a day after the company reported its March quarter (Q4) scorecard. BHEL share price opened at ₹305 against its previous close of ₹319.20 and crashed about 7.6 per cent to hit the level of ₹295. The stock, however, pared losses soon and traded 4.61 per cent lower at ₹304.50 apiece around 9:20 am.

₹268.61 crore in an anchor book round a day before its initial public offerings (IPO) open for subscription. According to the exchange filing, the company allocated 70,13,483 shares to 32 anchor investors at the upper price band of ₹383 per equity share. “The IPO Committee of the Company at its meeting held on May 21, 2024, in consultation with the Book Running Lead Managers to the Offer, has finalized allocation of 70,13,483 Equity Shares, to Anchor Investors at Anchor Investor allocation price of ₹ 383/- per Equity Share (including share premium of ₹ 373/- per Equity Share)," The company further informed that 53.53 per cent of the total allocation to anchor investors were allocated to 12 domestic mutual funds.

₹8,600 crore and its loan book stands at around ₹59,698 crore. In FY24, the company disbursed around ₹25,089 crore, higher from ₹21,639 crore in FY23. The CMD said that in FY25, the loan disbursement would be over ₹30,000 crore.

books can inculcate story listening habits in children and gradually attract them to reading books, says legendary author Ruskin Bond who turned 90 Sunday. To commemorate the day, audiobook platform Audible has brought out a keepsake edition with 25 of his popular stories. Titled «All Time Favourites for Children», the stories have been curated and selected by the author himself. The narration is by Anuj Datta. Bond said audiobooks can be like oral storytelling and stimulate a child's interest in reading. «Sometimes a child is reluctant to make the effort to start reading a book. If it's being read to them, either the book is on audio or somebody is reading from one, it helps to create interest. Once that interest develops, the young reader very often will go on to reading books on his or her own,» Bond told PTI.

IRCON International, which is the Indian engineering & construction corporation under the Railways Ministry, announced its financial results on Tuesday for the quarter ending on March 31, 2024. The engineering and construction company posted a marginal 3.8 per cent decline in its consolidated net profit to ₹246.8 crore for the March quarter from ₹256.49 crore same period a year ago. Also read: BHEL Q4 Results: Net profit drops 25% to ₹489 crore, revenue up marginally; dividend declared Whereas, the company reported an overall 19 per cent increase in net profit to ₹929 crore for the year-ended FY24.

Uber became the first aggregator to be licensed by the Transport Department of Delhi to run Uber shuttle in the capital city. It will be a part of the Delhi Premium Bus programme. With the 'Uber shuttle' option on the Uber app, passengers in Delhi will be able to reserve seats in advance on the route of their choice.

IPO) of Awfis Space Solutions will open for subscription on May 22 and will close on May 24. Ahead of the issue opening, the company's shares are trading with a premium of Rs 165 in the unlisted market. The anchor book will open for institutional investors later today. The firm is anticipated to list on stock exchanges on May 30.

Two top editors at Penguin Random House are leaving as the country’s leading trading publisher continues to transform during a period of uncertain revenues and generational change

Man Industries (India) Ltd on Tuesday said it has bagged new orders worth Rs 505 crore from an international company. The order is for the supply of various types of pipes, the company said in a BSE filing. «The company has received new export orders of approximately Rs 505 crore,» it said. The total unexecuted order book of the company as of today stands at approximately Rs 2,100 crore which would be executed in the next six to eight months, according to the filing.

Colgate-Palmolive (India) Ltd. fell 0.8 per cent to Rs 2669.3 in Tuesday's trade as of 12:22PM (IST) even as the benchmark Nifty ruled at 22536.2, up 34.21 points. The scrip had closed at Rs 2690.9 in the previous session. The stock quoted a 52-week low of Rs 1567.65 and a high of Rs 2961.15. The company quoted a market-cap of Rs 73436.12 crore on the BSE.

count of PSBs in India to 12 from 27 got policymakers to step off the pedal. Now with swelling profits stuffing public coffers, off-loading banks may slide further down the priority order. But banking remains much too public-sector dominated.

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Star Wars' will soon show a Jedi romance between two major characters, Avar Kriss and Elzar Mann, reports 'Screen Rant'. 'Star Wars: The High Republic' book 'Temptation of the Force' will make more revelations soon. Talking to 'StarWars.com' after her novel's official cover was revealed, author Tessa Gratton said, «I couldn't be more thrilled for readers to get their hands on Temptation of the Force. It's my last book for Phase III, which means it's my final chance to put my mark on the main storytelling.»

Where did the muscles go?For starters, if you follow, and trust, a structured training programme, you become a faster, more efficient runner. Your stamina improves. You can run your benchmark distances in less time and also run for longer durations of time.

public offering (IPO) of Awfis Space Solutions will open for subscription on May 22. The issue closes on May 27. Through the public offer, the company plans to raise around Rs 599 crore. Here are 10 things to know about Awfis Space Solutions IPO before subscribing to the issue.

Mint. But there are some basic differences “in our approach to building these models", he insisted. First, unlike most other startups and companies that are building ‘local’ or ‘Indic’ LLMs for India by fine-tuning global LLMs, “we have built a foundational, and not a fine-tuned model," he said.

Banks wield immense power in the financial world, acting as modern-day gladiators in an arena where loans and deposits shape economies and personal lives. Gone are the days of dusty ledgers and long lines at teller windows. Today, the Indian banking industry is driven by innovation, adapting to serve a rapidly evolving population.

Also Read: Go Digit IPO: Focus shifts to allotment date. Latest GMP, 6 steps to check status Ahead of the Go Digit IPO allotment date, let take a look at the Go Digit IPO GMP trend. Analysts at investorgain.com claim that the current GMP ( ₹22.50) is indicating a downward trend based on activity in the grey market during the previous 12 sessions.

Personal loans can come to your rescue in such situations, providing you with the necessary funds to meet your travel expenses without putting a strain on your financial resources. Discussed here are six ways in which a personal loan can help you meet your travel expenses. 1)Flight tickets Booking flights, particularly for international holidays, can be a considerable expenditure. Peak travel seasons or last-minute bookings can cause ticket costs to skyrocket. A personal loan permits you to get your tickets without fretting about the immediate monetary stress. By considering a personal loan, you can select the most convenient flights and ensure a comfortable trip without any compromises on your budget. 2)Accommodation Figuring out the right place to stay is important for a memorable trip. Whether you like a magnificent resort, a quaint bed and breakfast, or a low-cost hostel, personal loans provide you with the financial freedom to book the perfect lodging. Loans with an affordable interest rate and flexible terms, like those offered by IDFC FIRST Bank FIRSTmoney, allow you to prioritise features like location, facilities, comfort, etc., without being restricted by your budget.

I sold urban land and deposited the money in the Capital Gains Account Scheme before the due date for filing the ITR. In the current year, I have sold another urban land. I wish to invest the money, as well as the money lying in the capital gains account, in a residential house in the current year. Can I claim an exemption under section 54F? Section 54F provides an exemption for long-term capital gains on the sale of any capital assets other than a residential house if the assessee invests the sale proceeds of the capital asset for buying or constructing a residential house within the prescribed period.