Booking Financial News

SK Finance files DRHP with SEBI to raise ₹2,200-crore via IPO; details here “Since 2004, there hasn't been a single IPO launch during the month of May in the last four General Election cycles. Typically, the period from April to June during these years has been slow for the primary markets due to election uncertainty. However, this trend is expected to change now as, 3 mainboard IPOs of Indegene Limited, TBO Tek Limited and Aadhar Housing Finance are set to be launched next week to raise 6,392 crores," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt.

dunki route and somehow manages to reach the United Kingdom for a better life there. Upon reaching there, however, he is now likely to be deported to Rwanda, a small country in central Africa. Something of this sort is now going to happen in UK as ‘Rwanda Asylum Plan’ comes into force.

₹3,706 crores, marking a 21 per cent increase year-over-year (YoY), for the quarter ending March 31, 2024, on May 4. However, the Profit After Tax (PAT) experienced a slight downturn by 10 per cent YoY, settling at ₹619 crores, attributed to a 14% increase in Net Interest Income (NII) which stood at ₹1,971 crores. The Net Interest Margin (NIM) remained fairly stable at 7.1%.

Uttarakhand Police on Saturday arrested three people from Bihar for allegedly promoting forest fires in the state, officials said. According to the police, a video came to light after it went viral on social media platforms wherein the three youths were promoting forest fires. In the purported video, a youth can be heard saying, «Nobody challenges those who play with fire...and Biharis are never challenged.»

I choose one that’s a little stout, but fits snugly in my hand. “Now choose a nib." There are 14 kinds to choose from—Fine, Medium, Medium Flex, Medium Stub, Architect, Broad Ultra Flex and so on. Sensing my panic, he says, “Flex is for calligraphy really.

Maze Runner, which is a sci-fi hit, is back after a long period of time. After the successful original series, which ran from 2014 to 2018, a new movie will be made but a little differently. This has been reported by ‘The Hollywood Reporter’. The 20th Century Studios is developing a new series based on the book written by James Dashner. The book titled “The Maze Runner” was published in 2009 and then was adopted into a movie.

Star Wars Day on May the 4th, fans worldwide can rejoice in the festivities with a myriad of special offers and discounts from renowned retailers. From LEGO sets to Funko collectibles, there's something for every Star Wars enthusiast to explore. Here's a glimpse of the exclusive deals available as per media reports: Amazon's Galactic Extravaganza

in which his son and JDS MP from Hassan Prajwal Revanna is also booked. Revanna was brought to CID office in Bengaluru, news agency PTI reported. Revanna was taken into the custody after a special court for People's Representative in Bengaluru rejected the interim bail application of HD Revanna and Prajwal Revanna in connection with the alleged "obscene videos" case.

Indegene IPO: The Initial Public offering (IPO) of Indegene Limited is a rare event, set to hit the Indian primary market on 6th May 2024. This marks a significant departure from the norm, as there has not been a single IPO launch during May in the last four General Election cycles. The period from April to June during these years has typically been slow for the primary markets due to election uncertainty.

PNB Housing Finance plans to grow its loan portfolio by a minimum 17% in FY25, which would be the highest since 2019 as the lender is going full throttle on business expansion backed by comfortable capital position. About 97% of its business is now retail lending including the affordable housing segment.

Investors are concerned that promising cryptocurrency Internet Computer (ICP) could be headed to zero, with its rally since late 2024 looking at the risk of petering out, and are instead turning to a promising new GambleFi token called Mega Dice (DICE).

Mexico’s Pacific coast state of Baja California.The group of three men had been camping and surfing together along the Baja coast in the municipality of Ensenada, about an hour and a half south of the U.S.-Mexico border, when they failed to show up to the accommodations they had booked for the weekend.Australian brothers Callum and Jake Robinson and American Jack Carter Rhoad were reported missing on April 29 and were last seen on April 27, according to the Baja California’s prosecutors’ office. Mexican authorities are searching at sea and on land for the three men.On Wednesday, the mother of the Australian brothers made an appeal to the public for information on her missing sons.

OMAHA, Nebraska — Warren Buffett's annual shopping event, the pregame to Berkshire Hathaway's annual meeting, is wowing shareholders flocking to Omaha this weekend.

With a lot of heavy lifting left to do to address underrepresentation in financial services, a new report offers a valuable glimpse into how players in the asset management industry is tackling the problem.

Serious Fraud Investigation Office (SFIO). Among the 24 individuals and entities listed as accused are Winsome founder Jatin Mehta, who had left the country before the mess surfaced, his wife Sonia and son Suraj, former employees, auditors, and the partner of a Dubai audit firm whose damaging testimony has helped the central agency build its case. Alleging that Mehta was the «brain and will behind the decisions of Winsome», the SFIO chargesheet (which ET has reviewed) charged the promoter, his family members, five companies, including Winsome, and others of criminal conspiracy to cheat the banks of Rs 4,258 crore, which is punishable under sections pertaining to cheating (420), breach of trust ( 409) read with criminal breach of trust (120(B)) of the IPC. Manipulation of books for carrying out fictitious transactions, related party and irregular derivatives deals ignored by auditors, and unauthorised investment in a group company constitute other charges under the post and amended Companies Act, 2013.

The Canada Revenue Agency (CRA) will soon require employees to make their way to the office for at least three days a week, following the Treasury Board of Canada Secretariat’s lead.

Also Read: Expedia to cut about 1,500 jobs as travel demand moderates Vrbo was seeing a slower rebound than the company's expectations following a restructuring aimed at allowing customers to book across brands under one platform. The company, which also owns Hotels.com, projected full-year revenue growth in the mid-to-high-single digit percentage range, down from a prior forecast of double-digit growth, according to a report by Bloomberg.

₹548.77 crore from anchor investors at the upper price band of ₹452 per equity share ahead of initial public offerings (IPO). Indegene IPO, which is scheduled to open for subscription on May 4, has allocated 12,141,102 equity shares to 36 anchor investors, as per the exchange filing.

The plans follow the sale of specialised supported housing properties in August 2023 for around £7.6m – in line with book value and a 9.6% uplift to purchase price. The sales would be used to return capital to shareholders via further share buybacks, with consideration also given to leverage levels and any debt repayment obligations, the REIT said in a stock exchange notice today (3 May). In November 2023, SOHO paused share buybacks due to its cash position, noting they would be dependent on additional liquidity generated via asset sales. The REIT has also secured the transfer of a...

This Friday marks a thrilling chapter for the Solana blockchain with the launch of Penguiana ‘s $PENGU token presale. Renowned for its inventive approach to meme coins by combining them with a play-to-earn mechanism, Penguiana offers more than just entertainment—it promises real rewards and a vibrant community.

CBI and ED on Friday on former deputy chief minister Manish Sisodia's pleas seeking bail in the corruption and money-laundering cases lodged by the agencies in relation to the alleged excise policy scam. Justice Swarana Kanta Sharma issued notices to the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) on Sisodia's pleas challenging a trial court's April 30 order by which his bail petitions were dismissed. The high court listed the matter for further hearing on May 8. Sisodia's lawyers said an application has also been filed seeking an interim relief for the continuation of the trial court's order allowing him to meet his ailing wife once a week in custody during the pendency of his bail pleas.