Booking Financial News

Rahul Garg, founder of Moglix, on finding inner peace on the pristine beaches of Mauritius. Gadgets The iPhone goes beyond being just a gadget in my daily life; it’s a dependable ally. When it comes to apps, Gmail keeps me connected, YouTube is my constant source of learning and relaxation, and LinkedIn serves as a gateway to a vast network of professionals. Movie 'Dilwale Dulhania Le Jayenge' beautifully captures the appeal of Indian culture and cross-generational themes.

donation of his fortune to charitable causes after his death will be open to public scrutiny, though the 93-year-old billionaire said he’s still doing fine for now. “I feel good but fully realize I am playing in extra innings,” the Berkshire Hathaway Inc. chief executive officer said in a Thanksgiving letter to shareholders.

Reuters. The company's managers are currently reviewing proposals to bolster its profitability. The person, on the condition of anonymity, stated that around 1,500 to 2,000 jobs could be cut if the plans were implemented in full.

Kerala police filed a case involving a cheating complaint against former Indian fast bowler S Sreesanth and two additional individuals. As reported by ANI, the FIR lists Rajiv Kumar, aged 50, and Venkatesh Kini, aged 43, as the other parties accused in the case. The filing of the case stems from a complaint lodged by Sareesh Balagopalan, a resident of Choonda Kannapuram.

₹35-40 crore in revenue. Strong advance bookings have been generating positive hype and anticipation around particular films, instilling a sense of excitement among the audience, Ashish Saksena, chief operating officer, cinemas, BookMyShow agreed.

Marvel Cinematic Universe, rumors of Taylor Swift's potential role as Dazzler in Deadpool 3 have generated significant buzz. Ryan Reynolds, the charismatic lead of the Deadpool franchise, has finally addressed the persistent speculation surrounding Swift's rumored involvement, shedding light on the excitement and secrecy shrouding the highly anticipated film.

Barclays is working on plans to save as much as £1 billion ($1.9 billion), which could involve cutting as many as 2000 jobs, mainly in the British bank’s back office, a person with direct knowledge of the proposals told Reuters.

Sutton Hoo. Suffolk County Council has reported a significant archaeological find at Rendlesham in Suffolk as part of an ongoing project.

In this MyStake review, we’ll go over some of the 6000+ games, 40+ sports markets (including eSports) and generous bonuses on offer.

BSE. On the first day of bidding, the issue was fully subscribed with bids coming in for 89 million shares as against a total of 21 million offered shares. The public issue was subscribed by a total of 4.2 times led by retail and non-institutional investors (NIIs), as of 3:15 pm.

₹1,092.26 crore IPO of Fedbank Financial Services, a retail-focused non-banking finance company promoted by Federal Bank, continued to witness subdued interest from investors on its second day of bidding. Also Read: Fedbank Financial Services IPO: Issue receives tepid response from investors on Day 01 Investors bid for 5,05,84,571 shares on the second day (November 23) against the available 5,59,23,660 shares, translating into a subscription rate of 90%, as per BSE data. Notably, the retail segment exhibited decent demand as the subscription rate reached 1.26 times.

₹30 to ₹32 per equity share of face value of ₹10. IREDA IPO lot size is 460 equity shares and in multiples of 460 equity shares thereafter.

consumer credit pools of non banking finance companies (NBFCs) is expected to slow down in the current year, given that the Reserve Bank of India has increased the weightage of such loans by 25% across categories, said rating agency ICRA in a note issued today. Sell down is the act through which the NBFCs that hold these unsecured assets on their books sell them to banks or securitise them in return for liquidity. This helps them liquidate their assets on time and free up cash for further lending.

IRCTC) website experienced an unexpected outage, temporarily disrupting its e-ticketing services and leaving passengers stranded. Frustrated users took to Twitter to express their grievances and seek answers. «Don’t look for a man who earns 20LPA.

Anil Kothuri, MD & CEO, Fedbank Financial Services, says RBI’s intent is to clamp down on unsecured lending which is used to fuel consumption and that is what they seek to moderate and put guardrails around. “The loans that we do are loans for working capital for self-employed customers. To the best of my understanding, that is outside the ambit of the circular that the RBI has recently issued. Almost all the loans that we do in Fedfina qualify for priority sector lending by banks.” In terms of your loan book, I believe, 86% of the portfolio is backed by the assets for the company. Where do you see this target going up? Do you expect this to be at these levels in terms of the secured loan book or could this vary and maybe see a bit of a reduction? We are in business to empower emerging India with easy access to loans. We serve the working capital requirements of the small self-employed customer. We do that against the pledge of gold, mortgage of property and we do unsecured loans too. Our unsecured book is about 14% of the overall portfolio. But it has the lowest behavioural tenor. Unsecured loans get repaid within 30 months as opposed to secured mortgage loans which get repaid in about eight years. Which is why with each passing month, the proportion of secured loans in the portfolio keeps increasing. So, this 14% that you see will keep coming down with the passage of time and we will move to a greater proportion of secured assets in our book.

Cochin Shipyard Ltd has been able to successfully ride the recent traction in defence stocks, gaining more than 120% over the past six months. A healthy order pipeline and better-than-anticipated Ebitda margin in the first half of FY24 has further fuelled sentiment for the stock. The growth trajectory of the state-owned shipbuilder hinges on defence orders, especially those from the Indian Navy.

NMDC Ltd share price gained up to 1.72% on Thursday during intraday trades on the BSE. The stock has seen a rise close to 40% since end August, is trading near 52 week highs. The rise in international iron-ore prices is boosting investor confidence towards country's largest iron-ore producer.

Warren Buffet said in a statement Tuesday, announcing that he had gifted 2.4 million Class B shares of Berkshire Hathaway stock to charitable foundations run by his children. The gifts to The Susan Thompson Buffett Foundation, The Sherwood Foundation, The Howard G. Buffett Foundation and NoVo Foundation total approximately USD 876 million( around ₹7,250 crore) and are in addition to the regular donations he makes each summer to those foundations and the Bill and Melinda Gates Foundation.

Escorts, all other companies under our coverage were largely in line with or beat our estimates," stated the brokerage. Meanwhile, for the auto ancillaries space, the brokerage informed that the companies under its coverage reported revenue, EBITDA, and PAT growth of 12 percent, 18 percent, and 18 percent YoY, respectively, driven by higher ASPs, sales volumes, and operating leverage. “All companies under our coverage reported in-line EBITDA or beat on EBITDA, except a miss for Endurance Technologies and CIE Automotive," added Axis.

Stock market today: Yes Bank shares have been in uptrend after Diwali 2023. On the following session post-Muhurat trading, Yes Bank shares opened flat but soon witnessed sharp upside movement when it informed Indian stock market bourses about receipt of ₹120 crore fro sale of NPA portfolio to JC Flowers ARC.

AFP. He was headed for a massive parliamentary election victory on Wednesday that may also send shockwaves through Europe. His election program includes calls for a referendum on the Netherlands leaving the European Union, a total halt to accepting asylum-seekers, and migrant pushbacks at Dutch borders.