Booking Financial News

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Revenue from operations during the reporting period jumped 32% year-on-year (YoY) to Rs 2,519 crore. The same stood at Rs 1,914 crore a year ago. EBITDA (before ESOPs) further improved in the second quarter to Rs 153 crore as against Rs 84 crore in the first quarter. Contribution profit for the reporting quarter is up 69% YoY to Rs 1,426 crore, with a contribution margin of 57%. Segment-wise, revenue from payments business increased 28% YoY to Rs 1,524 crore, while net payment rose 60% YoY to Rs 707 crore. The gross merchandise value (GMV) from the payments segment surged 41% YoY to Rs 4.5 lakh crore. The merchant paying subscriptions for devices reached 92 lakh at the end of the September quarter. In the loan distribution business, revenue from financial services and others increased 64% YoY to Rs 571 crore. Unique users, who have taken loans through the Paytm platform reached 1.18 crore.

Railways on Friday launched a special drive to curb the menace of ticketless travelling and facilitate comfortable journey to genuine passengers during the upcoming festival season. The Railway Board has circulated a written communication to principal chief commercial managers (PCCMs) of all zonal railways suggesting various steps in this regard.

West Bengal immerses itself in Durga Puja festivities, rivals TMC and BJP are using the occasion to bolster their political influence ahead of the 2024 Lok Sabha elections. The two parties are engaging with the public and emphasising on religion as a narrative in Bengal's electoral landscape. Both the parties look at the annual puja extravaganza as a chance to reach out to the people and have developed comprehensive strategies to convey their messages during it.

IPO) of IRM Energy has been witnessing robust response from investors with the overall subscription at 18 times so far on the third day of the bidding process. The issue closes on Friday i.e.

₹7 apiece levels on NSE at the end of March 2023 and after that it has risen to the tune of ₹32.25 apiece levels during early morning deals on Friday, delivering to the tune of 350 per cent in the financial year 2023-24. While climbing to this new 52-week high, Suzlon share price went on to climb to its nine year high as it last quoted around ₹32 apiece levels in July 2014. According to stock market experts, Suzlon shares are rising after continuous debt reduction move and rising order book of the company.

SRF Ltd. fell 0.17 per cent to Rs 2251.0 in Friday's session as of 12:12PM (IST) even as the equity benchmark Sensex traded 206.79 points lower at 65422.45. Earlier in the day, the stock witnessed a gap down start to the session.

«I think you have to see our growth and where the growth is coming from. I think we have domain specialisations. So, our two domains actually got subdued during the COVID crisis, which is the vehicle finance as well as the microfinance and we were very conservative on that,» says Sumant Kathpalia, MD & CEO, IndusInd Bank. Bulls on the wall really are a mascot of how good you are feeling about the world and how good you are feeling about India. Yes, I think, in a very difficult macro and the world macro, India, it continues to outshine and I believe it has just started. I think the next decade belongs to India and I am completely convinced that whatever our regulators and the ministry is doing will only fuel the growth in the Indian economy. Let us talk about specifics of IndusInd Bank. If I take the clock back, let us say, five-six quarters ago, IndusInd Bank was growing in mid-teens. Now you are growing in early 20s, much higher than the industry average. You are growing without raising capital. Your CASA is in place. So, can I say that now the bank is firing full cylinders? I think you have to see our growth and where the growth is coming from. I think we have domain specialisations. So, our two domains actually got subdued during the COVID crisis, which is the vehicle finance as well as the microfinance and we were very conservative on that.

Cybertruck is anticipated to come in three versions. These will include a single-motor, rear-wheel drive variant as the most budget-friendly option, a dual-motor version featuring all-wheel drive, and a top-tier tri-motor version, which will be the most powerful choice. According to Tesla, the Cybertruck boasts a cargo bed capable of accommodating up to 1,580 kg, and the bed measures 3.2 meters in length for reference.

₹132 crores, the film's official handle on X stated. It also added that the film has become an all time highest Day-1 Grosser in Tamil Nadu at ₹43 crore. Entertainment Industry tracker expert Ramesh Bala in a tweet said that the film has done well in the UAE.

Gold rate today: On account of dip in the US dollar after US Fed chairman Jerome Powerll hinting rate pause, gold price today ascended to fice month high on Multi Commodity Exchange (MCX). MCX gold rate for December 2023 expirty today opened higher at ₹60,401 per 10 gm levels and went on to hit intraday high of ₹60,615 levels. In international market, sport fold price is oscillating around $1,976 per ounce levels, close to its nearest hurdle of $1,980 levels.

Siddhartha Khemka, Head-Retail Research, MOFSL, says “in the long term, we would continue to prefer a tier-1 IT players given that a), valuations are comfortable, b), long term growth visibility is there. But at the same time, the near term underperformance could continue and which is where one can prefer looking at the tier-2 players.” Khemka also says: “Our preference in the auto space would be Maruti, followed by Tata Motors and Ashok Leyland. Within the two-wheeler space, we have a neutral rating on Bajaj Auto, while we have a buy rating on Hero Moto because of the cheaper valuations and the improving growth in the rural sector. We prefer Hero Moto over Bajaj Auto.” What is the global screen telling you about the resilience that the Indian markets are showcasing? The Indian economy is relatively better placed compared to global peers and there are headwinds starting with the high US interest rates, bond yields, inflationary concerns, growth concerns and to top it all, the geopolitical concerns, which provides volatility, which the market does not want at this point and where earnings are kind of picking up.

₹70 per share. This indicates IRM Energy shares were trading at a premium of ₹70 in the grey market on Friday, as per market observers. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of IRM Energy share price was indicated at ₹575 apiece, which is 13.86% higher than the IPO price of ₹505.

₹5000 onwards while for the Deck, it starts from ₹9000 onwards. The price of the Premium Deck starts from ₹28,000 onwards.

Day trading guide for today: Indian stock market ended lower on second day in a row following weak global market sentiments on Israel Palestine conflict. Nifty 50 index went down 46 points and closed at 19,624 levels, BSE Sensex lost 247 points and ended at 65,629 mark whereas Bank Nifty index 134 points and finished at 43,754 levels.

Will Smith joined Jada Pinkett Smith on stage as she promoted her new memoir in her Baltimore hometown Wednesday night, pledging lifelong support for her just a week after she revealed that the couple had been separated since 2016. «Jada is the best friend I have ever had on this planet, and I am going to show up for her and support her for the rest of my life,» he told the crowd at the Enoch Pratt Free Library, crediting Pinkett Smith's sacrifices for his successes, news outlets reported. Smith's appearance with their two children, Jaden and Willow, and his son Trey Smith, was apparently a surprise for Pinkett Smith.

Permissionless perpetual trading platform SynFutures has recently secured $22 million in a Series B funding round.

Cleartrip said it witnessed during the recently concluded Big Billion Days sale. Bookings for air travel rose 90% during Flipkart’s annual flagship sale compared with the business-as-usual period, Cleartrip chief financial officer Aditya Agarwal told ET in an interview. While bus bookings at the online travel agency grew 80%, the biggest jump was in hotel bookings that expanded three times.

state laws and pending legislation targeting books related to LGBTQ identities and racism, Scholastic, the renowned children's book publisher, has taken a notable decision. This year's Scholastic book fairs will grant elementary schools the option to exclude certain books that address these sensitive topics, as stated by the company in a recent announcement. Scholastic has acknowledged the challenges posed by various state laws restricting books that discuss LGBTQ identities and racism.

On the London Stock Exchange, a system “incident” stopped trade in hundreds of shares. The London Stock Exchange issued a statement on October 19, regarding an incident that led to trading being halted in some segments.

Americans will soon have to apply for a travel authorization to visit Europe — and failing to get one may ruin your next trip.