Booking Financial News

Southwest Airlines earned $193 million in the third quarter, 30% less than its profit a year ago

Toymaker Hasbro disappointed investors with its results on Thursday, joining Barbie-maker Mattel in warning of a weak holiday season and indicating that consumers are being frugal heading into the most important period for retailers.

Narendra Modi to help upheld "cooperative federalism", West Bengal Chief Minister Mamata Banerjee said on Thursday that the Centre is changing the name of «India» and making it «Bharat» because the opposition alliance is named as INDIA. Banerjee said that cooperative federalism should be upheld in the country and urged Prime Minister Narendra Modi to look into the matter.

Glastonbury Festival's organizer, Emily Eavis, has disclosed that she has recently received an offer from a significant American artist to headline next year's event. While keeping the artist's identity under wraps, Eavis expressed her intention to secure two female headliners for the upcoming festival.

Rachel Reeves, a key figure in the Labour Party, is currently embroiled in a plagiarism controversy surrounding her book, "The Women Who Made Modern Economics." The Financial Times reported that her book contained instances of copied material without proper citation. Reeves firmly rejected any intentional wrongdoing, attributing the errors to inadvertent mistakes.

By Granth Vanaik

GST demands, which some estimates place at up to ₹1.5 trillion, including penalties for late payment. In fact, the demand made of a single company is more than the total market size! Let us briefly look at the background of the matter.

Sectorally, selling was seen in auto, metals, oil & gas, and consumer durable stocks while buying was seen in utilities and power stocks. Stocks that were in focus include names like Prism Johnson which was up more than 12%, Adani Wilmar which fell nearly 1% to hit a fresh 52-week low, and V-Mart which closed with a loss of more than 2% to a new low on Thursday. We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Analyst: Sanket Thakar, CMT, Founder- Alpha Bot Capital V-Mart: 52-week low V-Mart has already been an underperformer during the entire bull rally in the Nifty. In this downfall, it saw a steep decline and the overall trend remains extremely bearish. For intraday traders, this stock is in a sell-on-rise mode where the short-term resistance in the 60-minute chart is placed at the trendline level of 1860.

Kya atyachar, kya anachar chal raha hai? BJP is playing a dirty game in the name of ED raids on opposition leaders across the country ahead of the Lok Sabha elections. BJP says it wants Sabka Sath Sabka Vikas, but actually means Sabka Sath Sabka Satyanash," she added.

Indus Towers, the world’s largest telecom tower provider, is in discussions with Vodafone Idea to create a ‘time-bound’ plan for the repayment of the telco's dues, even as it has received some pending dues from Vi during the quarter. “While the customer had some challenges during the quarter, we will receive the monthly payments in October from them. Our expectation is that the monthly payment will continue.

₹96.20 lakh (ex-showroom). This M performance SUV has already been on offer in international markets. BMW has commenced bookings for the X4 M40i SUV today, allowing customers to reserve the vehicle through the official BMW website or nearby dealers.

₹329 to ₹346 per equity share of face value of ₹2. Blue Jet Healthcare IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors. On day 2, Blue Jet IPO retail investors portion was subscribed 1.37 times, NII portion was subscribed 2.84 times, and Qualified Institutional Buyers (QIB) portion were booked just by 9%.

The initial public offer (IPO) of Blue Jet Healthcare was fully subscribed on the second day of the bidding process, led by NII and retail categories. The NII portion was subscribed the most at 2.1 times, followed by retail investors at 1.13 times. The QIB part was booked just 1% so far.

On day 1, Blue Jet Healthcare IPO was subscribed 69%, where the retail investors portion was subscribed 78%, NII portion was subscribed 1.37 times, and Qualified Institutional Buyers (QIB) portion was booked 1%. Blue Jet Healthcare IPO price band has been fixed in the range of ₹329 to ₹346 per equity share of face value of ₹2. Blue Jet Healthcare IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.

Multibagger IPO: The initial public offering of Cellecor Gadgets Limited was launched in September 2023 at a price band of ₹87 to ₹92 per equity share. Bidding for the IPO was open from 15th September 2023 to 20th september 2023. The public issue was proposed for listing on NSE SME Emerge platform.

Sona BLW Precision Forgings, an automotive technology company, witnessed a strong spike in its shares on Thursday after the company posted the highest-ever revenue, EBITDA, and net profit for the September quarter. The company on Wednesday posted a 34% YoY and 15.7% QoQ growth in its consolidated net profit at ₹124 crore, while the revenue from operations came in at ₹791 crore, an increase of 20% YoY, and it reported an EBITDA of ₹223 crore for Q2 FY24, an improvement of 35% YoY and 28.2% QoQ. Following the robust Q2FY24 performance, the stock began Thursday's trade positively, opening at ₹520 apiece, 1.41% higher than the previous closing price of ₹512.75, and zoomed further during the trade to hit an intraday high of ₹539.95 apiece, up by 5.30%.

SRF Ltd. traded at Rs 2110.3 on BSE at 01:08PM (IST) on Thursday, down 1.56 per cent. The stock quoted a 52-week low price of Rs 2050.0 and a high of Rs 2639.8.

'Story Time with Sudha Amma’. She has agreed to lend her stories to an animated series for children, her son Rohan Murty shared in a LinkedIn post. “I am thrilled to announce the upcoming launch of “Story Time with Sudha Amma", a children’s animation series based on Sudha Murty’s most-loved books," producer Aparna Krishnan posted on LinkedIn.

PI Industries Ltd. fell 0.79 per cent to Rs 3304.55 in Thursday's trade as of 11:21AM (IST) even as the benchmark Nifty ruled at 18860.7, down 261.45 points. The scrip had closed at Rs 3330.9 in the previous session.

Former Google employee works as Uber driver in Bengaluru; Find out why In response to these violations, Uber received a fine of Aus$412,500 (equivalent to US$260,000). According to Australian law, businesses are prohibited from sending marketing emails without the explicit consent of customers.

Dancing with the Stars (DWTS), TV personality Tom Bergeron has strong words to explain his exit: “They screwed me, I’m gonna screw them.”During a recent appearance on DWTS pro Cheryl Burke’s “Sex, Lies and Spray Tans” podcast, Bergeron said he left the show after criticizing producers for their controversial decision to invite former White House press secretary Sean Spicer to compete.Bergeron, 68, famously hosted the competition dance show from 2005 to 2020. Despite his 15-year tenure with the production, Bergeron said his insistence that Spicer should not be allowed on DWTS did not go over well.Bergeron told Burke he envisioned DWTS as a “wonderful escape” from the regular rigmarole of U.S.