Booking Financial News

pilot of Singapore Airlines. The man is said to be a 24-year-old youth from Gautam Budh Nagar, Uttar Pradesh. He was booked for posing as a pilot with Singapore Airlines in front of CISF personnel. The CISF is in charge of airport security across the country.

Tata Elxsi Ltd. traded 0.6 per cent up at Rs 7137.0 on Friday at around 11:31AM (IST), while the benchmark BSE Sensex declined 142.79 points to 74196.65. As many as 3,523 shares changed hands on the counter with a total value of Rs 2.51 crore.

Bharat Electronics Ltd. traded 0.96 per cent up at Rs 240.0 on Friday at around 11:06AM (IST), while the benchmark BSE Sensex declined 198.9 points to 74140.54. As many as 959,821 shares changed hands on the counter with a total value of Rs 23.02 crore.

DLF Ltd. rose 0.88 per cent to Rs 902.5 in Friday's trade as of 11:01AM (IST) even as the benchmark Nifty ruled at 22547.45, down 22.9 points. The scrip had closed at Rs 894.55 in the previous session. The stock quoted a 52-week low of Rs 408.75 and a high of Rs 967.0. The company quoted a market-cap of Rs 221230.98 crore on the BSE.

Tech Mahindra today hit the 10% upper circuit limit at Rs 1,242.4 on BSE despite reporting a 41% year-on-year (YoY) drop in its March quarter profit as investors appreciated new CEO Mohit Joshi's FY27 strategy to take the company ahead of peers' average growth and to a 15% EBIT margin. While the restructuring efforts are in the right direction and the FY27 strategy is in place, investors will await the results on account of these efforts before the stock gets rerated.

Sandip Sabharwal, asksandipsabharwal.com, says the Axis Bank stock needs to get re-rated higher. It trades at 1.8 times book while most of the other large private sector banks are more near 2.7 to 3 times. It trades at valuations which are 35% cheaper than HDFC Bank while on most parameters it is doing maybe as well or better in terms of gross NPAs, net NPAs, provision coverage, return on equity across the board. Disadvantage Kotak is turning out to be advantage with good numbers from Axis and the entire PSB bank pack is also holding out very smartly. SBI had a solid 4.25% move, the smaller ones are holding out well. What is it that you have made of the RBI move on Kotak banning addition of credit cards as well as online accounts and Axis numbers as well?

As registered investment advisors face an increasingly complex landscape marked by rapid technological advancements, changing client demographics, market uncertainty, and emerging investment opportunities, the path to sustainable growth and competitive differentiation has become more challenging than ever.

Shares offered in the Vodafone Idea follow on public offer (FPO) listed at ₹11.8 apiece on the NSE on Thursday, about 7.3% above the FPO price of ₹11. The shares were listed at ₹12 on BSE and closed at ₹13.8, after a gain of 5.3%. Thursday was also the day when the highest ever quantity of Vodafone Idea shares were traded. After the offer, the company's market capitalisation was at ₹91,747.17 crore on Thursday. «A lot of HNIs and retail investors had subscribed to the FPO with an arbitrage point of view,» said Jimeet Modi, founder, Samco Securities. «They have locked their gains and booked profits and moved on from the company.»

REC Ltd on Thursday said it has secured a green loan for JPY 60.536 billion (about Rs 3,200 crore) to finance eligible clean energy projects. The green facility benefits from an 80% guarantee by Italian export credit agency, SACE (Italy). In January, the company had issued its first yen-denominated 61.1 billion green bonds under its $10-billion global medium term notes programme.

best electric scooters in India to explore in 2024: Ola Electric's flagship offering is the Ola S1 Pro model. With an ex-showroom price starting at Rs. 1,29,999, it offers a certified range of 195 km, powered by an 11 kW motor capable of reaching a top speed of 120 km/h.

Ramen noodles are so popular that they've become one reason to visit Japan

The IPO comprised fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth shares. Under the OFS, Goutam Rampelli, Dipak Kacharulal, JNK Heaters, Mascot Capital and Marketing, and Milind Doshi will offload shares.

Penelope Featherington and Colin Bridgerton, attention has already turned to the potential leads for the show's fourth installment.

Cyient reported bigger-than-expected fourth-quarter revenue on Thursday, as engineering and technology, its largest segment, benefited from continued client spending. WHY IT'S IMPORTANT India's $254 billion IT sector has been struggling in recent quarters as clients cut spending on non-essential projects.

India’s business travel sector is experiencing robust growth, indicating a shifting paradigm. India is the world's ninth-largest travel market for business travel spending and the fourth-largest market for the Asia Pacific region.

REC Ltd has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) to provide it with a financial assistance of ₹1,869.26 crore as a term loan. The power ministry said the loan will be utilized for development, construction and operation of the greenfield 4 x156 MW Kiru Hydro Electric Project on River Chenab, in Kishtwar district of Jammu & Kashmir.

Glenmark Life Sciences on Thursday said its net profit declined 33 per cent to Rs 98 crore for the March quarter ended March 31, 2024. The company had posted a net profit of Rs 146 crore in the year-ago period. Revenue from operations declined to Rs 536 crore for the period under review from Rs 621 crore a year ago, the company said in a regulatory filing.

You take a home loan for a longer duration compared to other credit facilities. You pay them off over periods that can sometimes span 20 to 30 years. Because of this longer duration, it also brings some uncertainties regarding repayment of the loan, as 20 or 30 years is a considerable amount of time during which you may experience various financial ups and downs.

SBI Card has launched three variants of its first travel-focused core credit card ‘SBI Card MILES’. The three variants are SBI Card MILES ELITE, SBI Card MILES PRIME and SBI Card MILES.

Marico Ltd. traded 0.52 per cent down at Rs 507.05 on Thursday at around 01:18PM (IST), while the benchmark BSE Sensex advanced 231.79 points to 74084.73. As many as 25,800 shares changed hands on the counter with a total value of Rs 1.3 crore.

artificial intelligence has the potential to significantly alter the landscape of call centres, within a short timeframe, the Financial Times reported. Krithivasan thinks AI could have a transformative impact on the industry, and foresees a scenario where call centres would get minimal incoming calls due to the proactive capabilities of AI technology. Explaining the role of generative AI in this shift, Kirthivasan said that wider adoption of such technology among multinational companies (MNCs) could revolutionise customer service operations, traditionally reliant on call centre assistance.