Booking Financial News

Catch Live Market Updates here The domestic market ended with sharp losses on Wednesday as investors opted for profit booking after the indices hit record highs. The Sensex slumped 930.88 points, or 1.30%, to end at 70,506.31, while the Nifty 50 ended 302.95 points, or 1.41%, lower at 21,150.15. “Domestic equities are witnessing sell off after a sharp run up of more than 12% in the last seven weeks.

Pathaan and Jawan were just trailers. Dunki is the real movie," says one of the fans as Shah Rukh Khan’s latest movie has hit the theatres. Fans are calling it the best Rajkumar Hirani film to date.

₹1924 (Dibrugarh-Guwahati) for economy class. Premium economy class (Dibrugarh-Guwahati) tickets flight starting at ₹2324. For those seeking the ultimate in luxury, business class the prices are starting at ₹9924, guaranteeing a journey with spacious seats and personalized service.

Innova Captab IPO: The initial public offering (IPO) of Innova Captab Limited has opened today and it will remain open for subscribers till 26th December 2023. The pharma company has fixed Innova Captab IPO price band at ₹426 to ₹448 per equity share. The book build issue is proposed for listing on BSE and NSE and it aims to raise 570 crore from its public offer out of which ₹320 crore is aimed via issuance of fresh shares.

NBFCs), the Reserve Bank of India tightened the rules of institutional investments in Alternative Investment Funds. Shilpy Sinha explains the impact of the central bank curbs. What are AIFs? Who are the investors? Alternative Investment Funds are privately managed funds with just a few investors, usually wealthy family offices, banks, NBFCs and other institutions and even corporate treasuries.

The Black Book", a revenge thriller directed by Editi Effiong in his directorial debut, achieved the remarkable feat of becoming the first-ever Nigerian film to reach the number 3 on the streaming giant's global film charts. Produced with a budget of $1 million, a substantial amount by Nigerian movie standards, the film garnered an impressive 5.6 million views within just 48 hours of its release on September 22. In the opening weeks, «The Black Book» attracted over 20 million viewers, securing a place in Netflix's Top 10 list in more than 69 countries.

Amnesty International India Pvt Ltd (AIIPL), its former executive director Aakar Patel, and six other individuals and entities before a special court, people in the know said. The agency — which had booked the human rights NGO and the rest of the accused for alleged Foreign Contribution Regulation Act (FCRA) violations by committing irregularities in foreign funding in 2019 — has completed its probe in the case, it is reliably learnt. In July this year, the CBI had given an assurance to the special court that it would file its «final report» by October.

ChatGPT that made AI the biggest talking point in the technology world as a potential catalyst for disruptions in businesses. “We continue to take an early leadership position in GenAI, which will be an important part of the reinvention of our clients in the next decade," Accenture chair and chief executive officer Julie Sweet said in a post-earnings interaction with analysts on Tuesday. If Accenture’s GenAI business continues to grow at the same rate, it could become a $4 billion business in the current financial year, an analyst said.

NEW DELHI : The year that’s drawing to a close saw many more young Indians flying abroad than before, a trend that Madhavan Menon, executive chairman, Thomas Cook India, expects to continue in the years ahead. In an interview, Menon spoke about visa-free travel, hotel rates and emerging trends. Edited excerpts: There is enough and more written about 2023, and it has been a great year, despite challenges of higher airfare, travel and hotel costs.

₹426 to ₹448 per share. Innova Captab IPO raised ₹171 crore from anchor investors. The company informed the bourses that it allocated 3,816,963 equity shares at ₹448 per share on Wednesday, December 20, 2023, to anchor investors.

DreamSetGo, unveiled the first edition of its year-end sports wrap-up report — DreamSetGo’s Sports Travel Index 2023. In 2023, DreamSetGo facilitated over 7500+ sports travelers across 14 global sporting events, a 30% increase since the pandemic. This indicates an increased appetite amongst sports travel and luxury experiences, the company said.

The Residence,' it has been confirmed that filming, previously delayed due to the WGA and SAG-AFTRA strikes, is set to resume in January 2024. The series, based on Kate Anderson Brower’s book 'The Residence: Inside the Private World of the White House,' promises to deliver a murder mystery in the vein of Agatha Christie’s Poirot.

anchor investors ahead of its initial public offer (IPO), which opens on Thursday. The three-day issue will close on December 26, Tuesday, as markets will remain shut for trading on December 25, Monday, on account of Christmas. The anchor investors were allotted 3,816,963 shares to 17 investors, which included the likes of ICICI Prudential Pharma Healthcare and Diagnostics (PHD) Fund, Kotak Mahindra Trustee Co Ltd A/C Kotak Healthcare Fund, 360 One Special Opportunities Fund Series-9, Bandhan Smallcap Fund, Aditya Birla Sun Life Company, among others. As per the filing to the exchanges, six domestic mutual funds have applied through a total of eight schemes, accounting for 44.88% of the anchor investor portion. The amount raised through them is over Rs 76.74 crore, the filing said. About Innova Captab: Innova Captab is an integrated pharmaceutical company in India with a presence across the pharmaceutical value chain, including research and development, manufacturing, drug distribution and marketing, and exports. Innova Captab IPO Structure: The price band of this public issue is fixed at Rs 426-448, and at the upper end, the company plans to raise Rs 570 crore. Investors can bid for 33 shares in one lot and in multiples thereafter. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors, and the remaining 15% for non-institutional investors. Innova Captab IPO GMP today: According to market analysts, the current GMP of Innova Captab is Rs 210 in the unlisted market.

₹171 crores from anchor investors ahead of its initial public offering that opens for public subscription on Thursday, December 21, 2023. The company informed the bourses that it allocated 3,816,963 equity shares at ₹448 per share on Wednesday, December 20, 2023, to anchor investors. Foreign and Domestic Institutions who participated in the anchor were ICICI Prudential MF, Kotak Mahindra MF, Ashoka White Oak MD, SBI Life Insurance, 360 One MF, Bandhan MF, Canara Robeco MF, Aditya Birla Sun Life Insurance, Edelweiss MF, ITPL-Invesco MF, & others.

Considering the upper price band of Rs 660, the stock is likely to get a robust premium of 75% over the issue price. However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly. «Given the positive secondary market environment and ample liquidity along with strong subscription demand, Inox India is expected to see a solid listing premium over and above 75% gain,» said Prashanth Tapse of Mehta Equities. Also Read: DOMS Industries shares soar nearly 80% over IPO price. Should investors book profits? Despite valuations being fully priced into all near-term growth, analysts believe the solid listing is justified on the back of the company's strategic position in the niche market with global footprint. «With strong fundamentals and a growing market, Inox India has potential for long-term value creation,» said Shivani Nyati of Swastika Investmart. The IPO of Inox India was subscribed 61 times at close, driven by strong interest from qualified institutional buyers.

Sameera Agro And Infra Limited IPO: The initial public offering (IPO) of of small and medium-sized enterprises (SME) Sameera Agro And Infra Limited will be opening for subscription on Thursday, December 21. It comprises a fixed price issue with a price band set at ₹180 per share at a face value of ₹10 per share. The SME IPO will close on Wednesday, December 27, 2023.

BSE, Credo Brands IPO's non-institutional investors (NIIs) portion was subscribed 11.48 times while qualified institutional buyers (QIBs) portion was subscribed 0.35 times. On the first day, the issue was subscribed 1.77 times by 4:25 pm on December 19. The retail portion was booked 2.93 times, NII portion was subscribed 1.43 times and QIB was subscribed over 0.01 times.

₹1,400 crore in Gurugram and Panchkula, in Haryana, the realty firm said on Wednesday. DLF said that it has launched two projects in Sector 67, Gurugram and Panchkula. “We have launched and completely sold out 75 shop-cum-office (SCO) plots in our new project 'Central 67' Gurugram," DLF Home Developers joint managing director and chief business officer Aakash Ohri told reporters in New Delhi.

₹1,400 apiece on the National Stock Exchange (NSE), a 77% premium over its issue price. It hit an intraday high of ₹1,434.25 before settling at ₹1,326.05, down almost 7% on the NSE. India Shelter listed at ₹620 per share on the NSE, a 25% premium over its issue price.

Also Read: DOMS IPO: Share listing date today. GMP, experts see up to 65% listing gain Overall, the IPO garnered bids for 5,63,65,650 shares on the second day as against the total offering of 79,00,000 shares, resulting in an overall subscription rate of 7.13 times, according to BSE data. Through the issue, the company aims to raise ₹100 crore via the issuance of fresh equity shares.

Jyoti CNC Automation said on Wednesday that it has received markets regulator Securities and Exchange Board of India (SEBI) approval to raise funds through initial public offering (IPO). The company had filed its Draft Red Herring Prospectus (DRHP) with market regulator in September 2023. The company’s IPO will comprise a fresh issue of ₹1000 crore.