Booking Financial News

₹50 per share, 56.25% higher than the issue price of ₹32. Indian Renewable Energy Development Agency IPO (IREDA IPO) opened for subscription on Tuesday, November 21, and closed on Thursday, November 23. IREDA IPO price band was fixed in the range of ₹30 to ₹32 per equity share of face value of ₹10.

I bought residential property A in 2012 and another B in 2013 for ₹62 Lakh and ₹75 lakh respectively. On Nov 2022 I gifted property A to my father and property B to my mother through a registered gift deed. Now I want to sell both properties and I wish to put my Indexed cost as FDs in the bank and invest the taxable capital gains in small flats to save taxes. The sale price of flat A is ₹1 crore and for flat B is ₹2 crore. Can I buy multiple properties and save taxes on long-term capital gains? Since your parents are owners of the respective properties now, the investment has to be made in their name.

net asset value (NAV) at the end of each working day. This is displayed on the fund house’s website, AMFI website and investment websites or apps. We take a look at its significance in a mutual fund scheme.

Amazon finally has its answer to ChatGPT

Sports Illustrated is the latest media company damaged by being less than forthcoming about who or what is writing its stories at the dawn of the artificial intelligence age

Sensex rose 204 points to settle at 66,174 and Nifty gained 95 points to end at 19,889. Stocks that were in focus included names like NDTV, which rose 12%, TCS, which jumped 0.4%, and Suzlon Energy, whose shares declined 4% on Tuesday. Here's what Avdhut Bagkar, Derivatives and Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today. NDTV This is the first time post January of this year, the stock succeeded to cross its 200-simple moving average (SMA) set at 211. The current move, underpinned by robust volumes, implies sturdy underlying momentum that could attract move bulls going ahead.

Warren Buffett's grandfather for 20 cents an hour during the Great Depression to spending more than four decades as Buffett's second-in-command and foil atop Berkshire Hathaway Inc. Munger's family had advised that he died peacefully on Tuesday morning at a California hospital, said Berkshire. The union of Munger with Buffett is among the most successful in the history of business; they transformed Omaha, Nebraska-based Berkshire into a multi-billion dollar conglomerate with dozens of business units. Yet the partnership that formally began when they teamed up in 1975 at Berkshire, where Buffett was chairman and Munger became vice chairman in 1978, thrived despite pronounced differences in style, and even investing. Known almost universally as Charlie, Munger displayed a blunter form of musings, often in laconic one-liners, on investing, the economy, and the foibles of human nature. He likened bankers to uncontrollable «heroin addicts,» called the virtual currency Bitcoin «rat poison,» and told CNBC that «gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939 but I think civilized people don't buy gold. They invest in productive businesses.» Munger was no less pithy in talking about Berkshire, which made both he and Buffett billionaires and many early shareholders rich as well. «I think part of the popularity of Berkshire Hathaway is that we look like people who have found a trick,» Munger said in 2010.

Netflix had secured the rights to adapt new movies and series based on "The Chronicles of Narnia", a renowned book series by C.S. Lewis published in the 1950s. The Chronicles of Narnia immerses readers in a captivating fantasy world, introducing them to the fictional realm of Narnia through a total of seven published books. Over the years, the series has undergone various adaptations, including a BBC series, a radio series, and the well-known Disney movies. The collaboration between Netflix and The C.S. Lewis Company was revealed in October 2018, sealing a «multi-year deal» that encompasses multiple film and series projects inspired by the Narnia books. Since then, anticipation has been building for the creative endeavors that will bring this beloved literary world to life on the streaming platform. Meanwhile, Netflix had a tough year in 2022. Big rivals such as Disney and Amazon Prime were circling, and viewers seemed to be rethinking their streaming habits amid rising prices in a turbulent global economy. Netflix lost subscribers, and its share value plummeted. Since then though, the company appears to have enjoyed a very swift reboot. According to its latest letter to shareholders, it added 8.8 million new subscribers in the third quarter of 2023, on top of the 5.9 million it gained in the three months before that. The total number of subscribers worldwide is now 247.2 million.

Thomas Cook India and its subsidiary SOTC are seeing at least 20% growth in bookings for October-December 2023, from a year ago for these destinations, with their customers favouring either no-visa destinations or those offering easy terms or those granting visas on arrival. Thailand is already seeing 30% growth for the upcoming holiday season over November 2022 and January 2023. It waived visa requirements for Indians, allowing 30 days stay from 10 November to 10 May.

Long delays to get a new U.S. passport have eased from earlier in 2023 but haven't yet returned to their pre-pandemic baseline.

paradigm shift" in India's disaster management was officially released by Uttarakhand CM Pushkar Singh Dhami in Dehradun on Tuesday. The book, 'RESILIENT INDIA: How Modi Transformed India's Disaster Management Paradigm', was released at the sixth World Congress on Disaster Management, a statement said.

Omid Scobie titled "Endgame: Inside The Royal Family And The Monarchy's Fight For Survival," several astonishing claims about the inner workings of the royal household have been disclosed. The book, released today, presents a grim picture of the monarchy's future, citing a growing disinterest among the youth as one of its top concerns.

Savannah Guthrie in a heartfelt announcement on TODAY, shared with viewers her latest endeavor, a forthcoming book titled "Mostly What God Does." Revealed on November 28, Guthrie expressed her deep passion for exploring faith and its transformative power in people's lives. In the segment, Guthrie introduced her upcoming book, expressing her deep commitment to exploring faith and its transformative impact on people. She shared, «I have a strong passion for faith, how it can present challenges and serve as a source of inspiration, and it lies at the core of a new project that I'm thrilled to unveil right now.» Continuing with evident emotion, she explained, «The book consists of reflections on faith, love, kindness, and goodness. It's an intimately personal project, which is why I find myself teary-eyed discussing it.

'Thor: Ragnarok', which is widely considered one of the best Marvel movies. Making the big revelation on the episode of the “SmartLess” podcast, Waititi said he had no interest in joining the Marvel Cinematic Universe as a director. The Oscar-winning filmmaker, who has directed two MCU movies: 2017’s “Thor: Ragnarok” and 2022’s “Thor: Love and Thunder”, said he accepted the film for money because of the birth of his second child. “You know what? I had no interest in doing one of those films,” the filmmaker said. “It wasn’t on my plan for my career as an auteur.

New Delhi (India), November 27: Getting a visa for Australia and other countries can be a tedious job and many people who have a dream of going overseas for their career do not want to waste time. Going to Australia or any other country is a lifetime opportunity, and nobody wants to lose this opportunity. Many freshers who do not have any experience regarding immigration may get confused as a lot of questions may arise in their minds.

It has been less than eight months since Niranjan Gupta was elevated to the position of CEO at Hero MotoCorp, and the world’s largest motorcycle maker has already moved with super speed through its launches in the premium segment and pursuing a focused strategy to gain market share across geographies and segments. Investors have given a thumbs up to the company’s performance, with its share price on a steady northward movement. Hero MotoCorp CEO Niranjan Gupta deep dives into the strategies the company is undertaking to reinvent itself in a free-wheeling conversation with Sharmistha Mukherjee. Edited excerpts: Your share price is now at a 5-year high, gaining 50% in last 8 months. What do you attribute this to? I would not like to comment specifically on share price movement, but I can talk about what we are changing at the company. Our company has a strong legacy, with iconic brands built over the last 40 years, providing mobility to millions.

₹89,153 crore in the September quarter (Q2FY24), up 72% year-on-year. L&T’s order prospects pipeline as of September 2023 also looks strong at ₹8.8 trillion. The engineering, procurement and construction major expects to surpass its order inflow target of 10-12% and revenue growth forecast of 12-15% for FY24.

NEW DELHI : New Delhi: In the sweltering heat of July, Prabhjeet Singh, a man normally used to spending his days in a plush office, was struggling to navigate the byzantine lanes of Shiv Durga Vihar, Faridabad. The president of Uber India and South Asia wanted to experience the business end of things and had turned taxi driver for the day. Singh, now in his ninth year at Uber, goes on such fact-finding trips every month to get to grips with the ground realities his driver-partners face and the expectations their passengers have.

Info Edge (India) Ltd. fell 1.23 per cent to Rs 4539.15 in Tuesday's session as of 01:44PM (IST) even as the equity benchmark Sensex traded 24.72 points lower at 65945.32. Earlier in the day, the stock witnessed a gap down start to the session.

LTIMindtree Ltd. traded at Rs 5422.05 on BSE at 01:34PM (IST) on Tuesday, down 0.92 per cent. The stock quoted a 52-week low price of Rs 4120.0 and a high of Rs 5638.5.

Voltas Ltd. traded 0.54 per cent down at Rs 819.5 on Tuesday at around 12:47PM (IST), while the benchmark BSE Sensex advanced 6.65 points to 65976.69. As many as 10,771 shares changed hands on the counter with a total value of Rs 0.88 crore.