Booking Financial News

Checking a bag at the airport has gotten pricier for travelers — and harder to avoid.

Tension was building in Pakistan Friday as authorities struggled to explain a delay in announcing the result of the national election, leading to accusations that the authorities were suppressing a tide of votes in favor of jailed opposition leader Imran Khan. Thursday’s election pitched Khan’s passionate support against the followers of three-time Prime Minister Nawaz Sharif.

The recent introduction of India's Unified Payments Interface (UPI) at the Eiffel Tower in France marks a monumental step in the global acceptance of digital payments, particularly benefiting Indian tourists who can now pay in rupees while visiting this iconic landmark. Tourists visiting Paris' Eiffel Tower will now be able to book their trip to the iconic monument using India's Unified Payment Interface.

Baweja Studios IPO: Issue subscribed 21% so far on day 1; check GMP, other key details of SME IPO Megatherm Induction Limited manufactures induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment. Megatherm Induction is a subsidiary of Megatherm Electronics Private Limited. The company also manufactures upstream and downstream equipment and machinery for steelworks, such as transformers, ladle refining furnaces, continuous casting machines, fume extraction systems, etc., as well as electric arc furnaces for the alloy and special steel industry.

Invincible Season 2 Episode 5' and it will soon arrive on Amazon Prime Video. Its release date has been officially announced and fans can also know the release schedule of the remaining episodes. Its last episode was shown in late November 2023 and since then, fans have been waiting eagerly for its return with the remaining episodes. Showrunner Simon Racioppa said in November that «some issues came up» that kept Season 2 from releasing at once.

₹42-45 per share. The issue has witnessed robust subscription and has been fully subscribed on the first day of bidding. At 2:30 pm, the IPO was subscribed 1.23 times.

fixed income instruments. This is important because equity gives healthy returns whereas debt gives downside protection to investors. What if the valuation of equity spikes, and the proportionate debt allocation is reduced to abysmally low? This ideally calls for an asset reallocation in order to keep the original debt-equity ratio intact.

Airbnb Inc. is planning to increase the guest service fee for cross-currency bookings as the vacation-rental company pushes into more international markets to boost growth. Starting April 1, an additional fee of as much as 2% will be charged to guests if they pay in a different currency from the listing, Airbnb said on its website. That would bring the guest service fee to as much as 16.5% of the subtotal, which excludes taxes. Hosts can also choose to tack on a cleaning fee, which has prompted complaints from some guests as being excessive. “From time to time, we adjust our fees to better align with the value we provide,” the San Francisco-based company said in an email to users Wednesday. The move could drive approximately $200 million to $500 million in incremental profit in 2025, according to TD Cowen analyst Kevin Kopelman. While the tailwind may be offset if users shift to paying in local currency at checkout, there may still be a high-single-digit impact to 2025 Ebitda, Ken Gawrelski, an analyst at Wells Fargo, wrote in a note. “Sometimes we make changes to give us flexibility to offer and evaluate new products, features and policies, including fees,” Sam Randall, an Airbnb spokesman, said in a separate statement to Bloomberg.

Havells India Ltd. gained 1.19 per cent to Rs 1306.5 in Monday's session as of 12:02PM (IST) even as the equity benchmark Sensex traded 978.46 points higher at 71679.13. Earlier in the day, the stock witnessed a gap up start to the session.

₹190, which is 90% higher than the issue price of ₹100. Qualitek Labs IPO opened for subscription on Thursday, January 18 and closed on Tuesday, January 23.

TAX CHANGE: Interest earned on contributions to the Provident Fund beyond Rs.2.5 lakh in a year are now taxable HOW TO GET AROUND IT: Restrict contributions to Rs.2.5 lakh a year. If you need to invest more, open a PPF account, if you don’t already have one, or else, go for debt funds to defer tax. TAX CHANGE: LTCG beyond Rs.1 lakh from stocks and equity-oriented mutual funds are taxed at 10%. HOW TO GET AROUND IT: Harvest gains of up to Rs.1 lakh every year by booking profits, and then buying back the same stocks or mutual funds. TAX CHANGE: Maturity proceeds of Ulips are taxable if the combined premium of policies bought after 1 Feb 2021 exceeds Rs.2.5 lakh.

NEW DELHI, MUMBAI : Amidst a recovery in global steel prices and the upcoming general elections, JSW Steel maintains an optimistic outlook for the domestic steel market for the fourth fiscal quarter, expecting a notable uptick in steel volumes, Jayant Acharya, joint managing director of the company, said in an interview. “I expect the volumes will be better, driven by a seasonally strong quarter. The global steel prices in the last month have improved in the US, Europe, and China, as well as in the Asian regions," he said, adding that the buoyant global prices should translate into better pricing even in the domestic market.

₹53.91 crores. The issue is entirely a fresh issue of 49.92 lakh shares. Also read: IPOs next week: Six new issues, 10 listings to keep primary market busy Megatherm Induction IPO price band is set at ₹100 to ₹108 per share.

₹15 trillion mark soon after the Supreme Court judgement. The Adani group has already invested close to $1 billion in the Navi Mumbai airport to operationalize the first of the four planned passenger terminals by December 2024.

Bajaj Finance will be announcing its financial results for the December quarter on January 29, Monday. According to analysts, the lender's consolidated net profit is anticipated to experience a significant 25 percent year-on-year growth, reaching ₹3,716 crore. Brokerages further anticipates a 26 percent year-on-year (YoY) increase in net interest income to reach ₹9,344 crore, led by stable asset quality and robust growth in assets under management (AUM), foreseeing that these factors will be key drivers of earnings.

cruise ship, ‘Icon of the Seas’, equivalent in size to nearly four city blocks, is poised for its inaugural journey, departing from the Port of Miami on Saturday. Royal Caribbean's Icon of the Seas boasts a length of almost 1,200 feet (365 meters) from bow to stern. As reported by AP, departing from South Florida for its inaugural seven-day tropical island-hopping journey, the ship was formally christened on Tuesday, with soccer legend Lionel Messi and his Inter Miami teammates participating in the ceremony.

Week Ahead: Interim Budget 2024, US Fed Policy, Q3 results, auto sales among key market triggers this week All the six new issues, which are scheduled to open for subscription next week, will together be raising over ₹500 crore via IPO. According to market experts, a surge in number of IPOs is foreseen over the next two months, with a temporary hiatus expected due to impending general elections. Presently, the Securities and Exchange Board of India (Sebi) is actively processing 25 draft offer documents submitted by diverse companies.

Boeing 737 Max 9 jetliners are carrying passengers in the United States again for the first time since they were grounded after a panel blew out of the side of one of the planes. Alaska Airlines resumed a limited number of flights with its Max 9s on Friday. United aims to follow suit on Sunday, but a spokeswoman said the airline might use them as spare planes Friday or Saturday. Those are the only two U.S. airlines that operate this particular model of the Boeing 737. After seeing video of the frightening flight of a plane with a gaping hole in its side, passengers might reasonably be asking questions about safety. The Federal Aviation Administration has detailed the process that airlines must follow to inspect — and if necessary, repair — the panels called door plugs, one of which broke loose on Alaska Airlines flight 1282 on Jan. 5. The plugs are used to seal holes left for extra doors on the Max 9 when an unusually high number of seats requires more exits for safety reasons. FAA Administrator Mike Whitaker says his agency's review of everything that has happened since the accident, including gathering information about inspections of door plugs on 40 other planes, gives him confidence that they will be safe so long as the new inspection process is followed.

The Congress leader was speaking at a talk show at the Kolkata International Book Fair. According to the report, he said that while relations with Maldives at present are not good, that with Sri Lanka was not too bad, while that with Bangladesh is pretty good. "Relations with Pakistan are in bad shape, Nepal is more and more subject to Chinese influence and Chinese influence is also increasing in Bhutan," Tharoor said while talking about India's position vis-a-vis smaller countries in the periphery.

What do a Hollywood starlet, an Olympic gold medalist and a Harvard longevity researcher have in common? All of them follow an influencer who has kicked off a health craze known as the Glucose Goddess Method. More of a philosophy than a diet, the Glucose Goddess approach consists of “hacks" meant to minimize blood-sugar spikes. Proponents say that following its guidance can help people think more clearly, have more energy and reduce cravings.

Macrotech Developers Q3 Results: Macrotech Developers announced its October-December quarter results for fiscal 2023-24 (Q3FY24) on Saturday, reporting a rise of 25 per cent in consolidated net profit at ₹505 crore, compared to ₹405 crore in the year-ago period. The real estate developer's revenue from operations in the third quarter of current fiscal rose 65.2 per cent at ₹2,930.6 crore, compared to ₹1,774 crore in the corresponding period last year. The Mumbai-based company's total income in the December quarter rose to ₹2,958.7 crore from ₹1,902.4 crore in the year-ago period.