Booking Financial News

With several asterisks, qualifications and caveats, Mickey Mouse in his earliest form will be the leader of the band of characters, films and books that will become public domain as the year turns to 2024. In a moment many close observers thought might never come, at least one version of the quintessential piece of intellectual property and perhaps the most iconic character in American pop culture will be free from Disney's copyright as his first screen release, the 1928 short «Steamboat Willie,» featuring both Mickey and Minnie Mouse, becomes available for public use. «This is it. This is Mickey Mouse.

Fixed Deposit (FD) is one of the most popular ways of investment in India. Apart from ensuring a guaranteed return and offering higher interest rates than savings accounts, FDs also offer income tax benefits. At present, some of the banks, apart from small finance banks are offering lucrative interest rates. DCB Bank is offering the highest FD interest rate of 8% to general customers. Well, personal finance experts believe that the regime of high bank FD interest rates, which kickstarted in May 2022 after the Reserve Bank of India (RBI) raised interest rates six times continuously, may not last for long. 

Mickey Mouse is about to belong to you and me

Bridgerton enthusiasts are counting down the days until Season 3 graces Netflix screens in 2024, with Part 1 allegedly premiering on May 16 and Part 2 on June 13, according to a tweet that mysteriously vanished. While the upcoming season deviates from the chronology of Julia Quinn's novels, bypassing Benedict as the lead sibling, intriguing possibilities await the often-overlooked character in Season 4.

housing plan to ignite the pace of home construction in Canada.Housing Minister Sean Fraser on Tuesday confirmed Global News’ report from Monday that the minority Liberals were taking the nearly 80-year-old program off the shelf and revamping it.The program, which was run by what was at the time known as Wartime Housing Ltd., provided standardized housing blueprints to builders.“In many instances, these homes were being built in a period of about 36 hours, and we intend to take these lessons from our history books and bring them into the 21st century,” Fraser told reporters in Ottawa.“We are going to be moving forward with a catalogue of pre-approved designs at the federal level.”Fraser added the government will begin consultations on the matter in January, with the goal to have them available for developers next fall.The program from Wartime Housing and its successor, Canada Mortgage and Housing Corp.

Paddington, UK’s most beloved bear, is being adapted into a major new musical. The show is produced by Sonia Friedman Productions, Studiocanal and Eliza Lumley Productions on behalf of Universal Music UK.

₹960-crore initial public offering (IPO). Interested investors have until December 20 to subscribe to the public issue. The details regarding the price band will be disclosed in the coming days.

two Deputy CMs- Diya Kumari and Dr. Prem Chand Bairwa.

Persistent Systemsas its top pick of the week. This is on the back of accelerating demand for ER&D services, robust demand for product engineering services, and hopes that digital solutions will accelerate revenue growth. The brokerage has a ‘buy’ recommendation on the stock with a target price of ₹7,115, indicating an upside of 10 percent from its current market price of ₹6,526.

Nilesh Shah, MD, Kotak AMC, says “no one would like to run a loss-making business for long. Today, we are doing this more as an experimentation with the bottom of the pyramid and ensuring that our technology, our communication, and our services are up to their expectations. But once we put in place the KYC cost and the transaction processing cost, then the industry will go all out in marketing this SIP. My dream as an AMC CEO will be to ensure that no Indians get lured by Ponzi schemes, but all become my industry's SIP investors and secure financial future.” The big trend which is happening is that SIP has become a household name now. It appears that now SEBI may look at taking a step forward for higher inclusion and reducing the minimum size to Rs 250. Will it make a lasting impression and much wider inclusion? From the AMC side, a Rs 500 SIP, how economic is it or is it that the larger, higher SIP part of the book, is subsidising this one because there are costs involved. What would you say?We have been running SIP for Rs 100 across our equity and fixed income fund. But as you correctly mentioned, it is a loss-making proposition for us. It is loss-making at two levels. One, typically people who are starting Rs 100, Rs 200, Rs 250 SIP are first-time investors into mutual funds and where we have to do KYC.

Rahul Gandhi's move of tearing an Ordinance copy in the Parliament in 2013, daughter Sharmishtha said at the launch of her book "Pranab My Father: A Daughter Remembers" on Monday. “I was the one to break the news (about tearing of the ordinance) to him. He (Pranab Mukherjee) was so angry," Sharmishtha Mukherjee said.

₹1,200 crores and a combination of fresh issue of 1.62 crore shares aggregating to ₹800 crores and offer for sale of 0.81 crore shares aggregating to ₹400 crores. India Shelter Finance IPO price band is set at ₹469 to ₹493 per share with a face value of ₹5. The minimum lot size for an application is 30 shares.

PhonePe has built a full-stack payments solution for ecommerce platforms and, armed with an in-principle approval from the Reserve Bank of India for the payment aggregator business, is scaling up its presence in online commerce. For the Walmart-backed company, which has around 500 million registered users availing of Unified Payments Interface payments and 37 million offline merchants using QR codes, ecommerce is the next target.

Stocks of oil marketing companies dropped on Monday as reports that the government may consider cutting retail fuel prices prompted traders to cut some of their bullish bets. Analysts said these stocks were overbought after the recent run-up but a reversal might be an opportunity to load up on some of them. Among oil marketers, Hindustan Petroleum fell 4.36%. Indian Oil and Bharat Petroleum both lost about 1%.

Morgan Stanley said steel shares may continue to underperform in 2024, as in 2023, citing weak global macro-outlook, higher domestic supply, and unattractive valuations. The brokerage said these stocks have lagged the market in 2023 despite a strong demand environment on slower-than-expected demand recovery in China.

Tata Power on Monday said its subsidiary Tata Power EV Charging Solutions has inked an agreement with India Oil Corporation Ltd (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install EV charging points across multiple IOCL retail outlets, a statement said.

Amidst the chaos, Madame Web emerges as a pivotal character, taking center stage in Sony's upcoming project with Dakota Johnson in the lead. As the first woman-led Marvel movie character in Sony's roster, Madame Web sparks intrigue about her role and impact on the unfolding Marvel narrative.

Robert Kiyosaki – author of the famous finance book Rich Dad Poor Dad – warned his followers on Sunday to take some cash out of the bank before what could be an unprecedented economic collapse.

Tata Power said on Monday that its unit Tata Power EV Charging Solutions Limited has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install EV charging points across multiple IOCL retail outlets, the company said in a statement.

NEW DELHI : The holiday season is about to start and many people have already planned their exotic vacations. Many dip into their savings, others have a systematic investment plan in place for such holidays and a few use travel credit cards. These cards are largely a premium product in India–high annual fee, and even higher income threshold for eligibility but the rewards truly unlock if you spend ₹6 lakh and above annually with the card.