Booking Financial News

Adabni-Hindenburg row: Adani group shares today witnessed sharp upside movement during morning deals. Adani Power shares today opened upside and went on to touch new all-time high of ₹428 apiece on NSE. Adani Ports share price today opened upside and went on to hit intraday high of ₹826 per share levels on NSE, logging near 4 per cent intraday gain against Friday close of ₹795.55 per share levels.

₹9.75 crore in its advance bookings on Monday, November 27. So far, a total of 3,34,173 tickets have been sold across 7,200 shows in India, according to Indian film trade portal Sacnilk. For Hindi 2D shows, as many as 2,73,425 tickets have been booked in advance, while 58,465 tickets are booked for Telugu 2D shows, followed by 1,504 tickets for Kannada shows and 779 for Tamil shows.

Taking cues from the international prices, MCX December gold futures opened in the green and were trading at Rs 61,649 per 10 gram, up by Rs 109 or 0.18% from the Monday closing price. Meanwhile, the December silver futures were trading at Rs 74,795 per kg, lower by Rs 11 or 0.01%. On Comex, gold futures were trading at $2,016.10 per troy ounce on Tuesday, up by $3.70 or 0.18% while Silver futures were trading at $24.655, higher by 0.026 or 0.11%. The dollar index was trading at 103.12 against a basket of top six currencies, down by $0.08 or 0.08% though the bias was negative. The December Gold futures ended at Rs 61,546 on holiday shortened Monday, up by Rs 6 or 0.01% while the December silver futures settled at Rs 74,792, lower by Rs 14 or 0.02%.

My mother had purchased a piece of land for 8 lakhs 12 years back. Now She is selling it for 33 lakhs to buy a flat. The circle rate of the piece of land is 17 lakhs. As the registration will be done at the circle rate of ₹17 lakh to avoid payment of excess stamp duty, how should we take the balance amount? Can we take it in cash or through online transaction? How can she save maximum tax for this transaction? Will my mother have to file her ITR for this transaction? I would advise you to execute the sale deed at the actual value of the transaction and offer to pay differential amount of stamp duty to the buyer.

Assembly will now introduce speech recognition software. A tender has been issued for the development and procurement of the software and the entire process is being conducted through the e-tender portal. The new software is expected to bring a host of features aimed at facilitating a seamless and structured conduct of sessions within the assembly, a state government spokesman said.

With drones finding wider applications, Magellanic Cloud is expecting that its order book from the segment may increase to Rs 200-400 crore in FY24 with the potential of reaching Rs 2500 crore in FY25. “On securing the DGCA license we are confident on getting immediate orders of 100-150 drones and in the course of time we shall look for bigger orders with a smooth facilitation process,” said Sanjay Chauhan, CFO, Magellanic Cloud. Edited excerpts from an interview: After an impressive growth in the first two quarters of the fiscal year, how do things look like for the next two quarters of the fiscal year? We have set an ambitious goal to boost revenue by approximately 30-40% in the fiscal year 2024. This reflects our confidence in our business model and strategic direction. The company is committed to sustaining a robust net profit margin after tax, maintaining a steady 15-20% of revenue from operations. This again demonstrates the determination of Magellanic Cloud towards its growth and aims to establish itself as a leader in the market.

Tata Consultancy Services: The IT services giant has launched its AWS generative AI practice to help customers harness the full potential of artificial intelligence (AI) and AWS generative AI services to transform different parts of their value chain and achieve superior business outcomes. Separately, the company faces $210 million penalty in DXC lawsuit.

Elon Musk, is racing to roll out millions of electric scooters and speed his nation to a cleaner future. Some of his mechanics can't keep up, though. Aggarwal's Ola Electric, which he likens to Tesla in the West, is zipping towards a stock-market listing after going from zero to 338,000 e-scooter sales in about two years.

Nifty is anticipated to trade within a range, and a move above 19,900 could trigger an extended rally possibly to new life highs, according to technical analysts. Conversely, in the event of profit booking, initial supports may emerge around 19,500-19,400. Stocks such as Bharti Airtel, Bajaj Auto, NTPC, Jindal Stainless, RIL, Lupin, BHEL, Divi’s Lab, Bharat Forge, and Oberoi Realty could attract strong buying interest, they said. SAMEET CHAVAN HEAD RESEARCH-TECHNICAL AND DERIVATIVES, ANGEL ONE Where is Nifty headed? Throughout the last week, the Nifty encountered resistance around the 19,850-19,900 zone, near the previous swing high.

Investing.com — The Dow closed lower Monday in muted trade as investors were reluctant to make big bets on stocks ahead of further catalysts including key economic data due later this week.

artificial intelligence rose and Elon Musk turned Twitter into X, the Merriam-Webster word of the year for 2023 is “authentic." Authentic cuisine. Authentic voice. Authentic self.

InterGlobe Aviation Limited, the parent company of IndiGo, Monday said the airline has introduced an AI chatbot 6Eskai to elevate its customer service experience. The Gurgaon based low-cost airline said the internally developed AI chatbot has shown promising early results by making booking process simpler with the use of natural language conversations resulting in a 75% reduction in customer service agent workload.

Netflix officially confirmed the return of Sweet Magnolias for a fourth season. The renewal, revealed three months after the third season's global debut, is met with enthusiasm from fans who have followed the captivating narrative of this beloved drama. Sheryl J. Anderson, the show's creator, and showrunner is set to return, ensuring the continuity of the series that has become a hallmark of Netflix's drama lineup.

Maruti Suzuki India Ltd on Monday said it will raise prices beginning 1 January, setting the stage for similar hikes by rival automakers. The company attributed the move to higher commodity costs and steep inflation, but did not specify the quantum of price hike for specific models. “Steel prices have firmed up a little over the last 3-4 months, which accounts for around 38% of our commodity buying.

Dear reader, have you ever heard of someone called Erich Weisz? Probably not. To be honest, even I had never heard of him before I started writing this piece. But you have probably heard of Harry Houdini, who lived through the late nineteenth and the early part of the twentieth century. In fact, after becoming a professional magician Weisz started calling himself Houdini. Of course, Houdini was much more than just a magician. As his Wikipedia entry points out, he was an “escape artist, illusionist, and stunt performer, noted for his escape acts".

(Note: Morgan Housel will be on HalfTime Report today at 12:35 PM ET and on ETF Edge at 1:10 PM.  ETFedge.cnbc.com)

Didi Global said on Monday its ride-hailing app had experienced a «systems malfunction» after users in multiple cities including Beijing and Shanghai said they were unable to book rides in the evening. The company apologised for the issue on its official Weibo account and said it was urgently trying to fix it.

Royal Family and the Monarchy’s Fight for Survival," suggests that Princess Anne played a crucial role in King Charles' decision to remove Prince Harry and Meghan Markle from Frogmore Cottage. The 73-year-old Princess reportedly influenced Charles to revoke the couple's rights to the property, initially given to them as a wedding gift by Queen Elizabeth II. The Duke and Duchess of Sussex, no longer active members of the Royal Family and residing abroad, were formally asked to return the keys to Frogmore Cottage.

₹85, which is ₹1 higher from its Sunday GMP of ₹84. This rise in Flair IPO GMP can be attributed to strong response by investors as the book build issue got subscribed to whooping 46.68 times.

₹6.95 crore in advance ticket sales on day one after the advance booking for the film began, according to film industry tracker Sacnilk. The film is produced by Bhushan Kumar and Krishan Kumar’s T-Series, Murad Khetani’s Cine1 Studios and Pranay Reddy Vanga’s Bhadrakali Pictures. The film is set to release in theatres on December 1 in Hindi, Telugu, Tamil, Kannada and Malayalam languages.

New York, November 27, 2023 — Primex Finance, a non-custodial protocol for spot margin trading on DEXs, announces new deployment on Arbitrum One. In addition to being live on Polygon PoS, the current event is an important milestone in Primex’s multichain initiatives. Simultaneously, deploying the protocol to Arbitrum increases users’ flexibility, enhances traders’ and lenders’ user experience, and enables the project to reach an expanded audience.