Booking Financial News
24.01 / 14:31
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DLF surpasses FY25 guidance with highest ever quarterly sales booking in Q3 FY25
DLF reported net profit of Rs 1,055 crore, during Q3 FY25 against Rs 648 crore in the same period a year ago, as it recorded the highest quarterly sales booking of Rs 12,093 crore backed by super luxury offering, The Dahlias in DLF 5, during the quarter. The project alone generated Rs 11,816 crore of new bookings in the opening quarter helping the company to surpass its annual guidance with a quarter left.
24.01 / 11:09
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Election
wellness
voice
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How to talk to kids about the Constitution
Subscribe to enjoy similar stories. For the winter holiday homework, my daughter’s class was asked to study the Preamble and find out more about fundamental rights, duties and the drafting of the Constitution. They did not just have to learn about the text but also respond to the artwork on the borders as well.
24.01 / 06:53
24.01 / 05:39
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BLOCK
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FII game plan: Sell stocks for profit, bet on IPOs, discounted QIPs, block deals
Subscribe to enjoy similar stories. MUMBAI : Foreign institutional investors (FIIs) didn't entirely flee India in 2024, after all. They adopted a two-pronged approach: booking profit in the secondary market while placing bets in the equity capital market (ECM) by way of initial public offerings (IPOs), follow-on offerings (FPOs), and qualified institutional placements (QIPs).
24.01 / 02:19
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KEI Industries, Tanla Platforms record date for interim dividend on Monday. Do you own?
KEI Industries and Tanla Platforms may grab attention today, January 24 as these companies had announced interim dividends for their eligible shareholders, fixing January 27 as the record date. This means that the shareholders, whose names appear in the companies’ books as of the record date, will be eligible to receive the dividends.
24.01 / 00:43
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Regulator tells auditors to scrutinize loans that are used to divert company funds
Subscribe to enjoy similar stories. New Delhi: The National Financial Reporting Authority (NFRA) has told auditors to thoroughly scrutinize business loans given by companies to private entities linked to their controlling shareholders to catch attempts to divert company funds. The regulator's warning has gone out to both auditors and the audit committees of businesses led by independent directors.
24.01 / 00:35
markets
UPS
Provident
Art
Booking
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Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance
Entrepreneur Eric Malka had to completely shift his mindset when he sold his company and became an investor. Since then he's learned many lessons he's now passing to his kids.
23.01 / 13:01
UPS
Booking
Manufacturing
WhatsApp
stage
Kotak Mahindra Bank acquires StanChart's Rs 3,330-cr personal loan portfoilio
Kotak Mahindra Bank on Thursday said it has completed the acquisition of Rs 3,300 crore personal loan book of Standard Chartered Bank India following regulatory approvals. After having received the necessary regulatory approvals and upon fulfillment of the relevant conditions precedent, the bank on January 23, 2025, completed the acquisition, Kotak Mahindra Bank said in a regulatory filing.
23.01 / 11:35
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Keep cash in hand and wait for a further correction or deploy in certain pockets? Ajay Vora explains
Ajay Vora, Executive Vice President and Head — Equities, Nuvama Asset Management, says a consolidation phase is happening. If you're looking to invest, focus on areas where growth forecasts are improving and visibility is increasing. For example, banks are currently in a value phase, but investing in them requires a longer-term perspective. Your investment strategy will guide your choices, but there are good opportunities available in the market. What to make of this weakness in some of the financials? Everyone says the valuation is comfortable and the worse with respect to asset quality is perhaps over. The competition from MFI, etc, also has come down. Then why are people still not interested in buying some of these financials afresh? Ajay Vora: It is clearly the lack of growth. If you look at the largest private sector bank which reported the numbers, the NII growth was less than 10%, the PAT growth was around 2%. Until the time we do not get clarity on the growth, valuations may look cheap but I think that is clearly not the reason for someone to get in unless and until we get more clarity on the growth coming in the next few quarters.
23.01 / 06:05
23.01 / 05:27
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United Spirits shares 1.63 per cent in Thursday's trading session
United Spirits Ltd. 1.63 per cent to Rs 1482.05 in Thursday's trade as of 10:51AM (IST) even as the benchmark Nifty ruled at 23230.0, 74.66 points. The scrip had closed at Rs 1458.20 in the previous session. The stock quoted a 52-week low of Rs 1055.65 and a high of Rs 1700.00. The company quoted a market-cap of Rs 107797.03 crore on the BSE.
23.01 / 01:01
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HDB Financial's Q3 net drops 27% on provisions
HDB Financial Services, the non-bank arm of HDFC Bank, said its net profit fell 27% to ₹470 crore in the quarter ending December 2024 from ₹640 crore a year ago due to higher provisions and a rise in financing costs reflecting higher funding costs. Financing costs increased 31% year-on-year to ₹1,645 crore during the quarter. Provisions on bad loans increased to ₹636 crore from ₹283 crore a year ago as the bank sought cover for rising non-performing assets (NPAs). Net interest margin (NIM) dropped to 7.5% from 7.7% a year ago.
22.01 / 22:47
markets
Digital
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Strategy
PAM
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social
The Lincoln Lawyer Season 4: See all details about renewal, production, cast and plot
Netflix announced the renewal of The Lincoln Lawyer for its fourth season. The legal drama, based on Michael Connelly's book series, continues its successful run with new episodes coming soon.
22.01 / 09:55
22.01 / 09:55
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Election
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President
How a self-help guru made Donald Trump successful
Norman Vincent Peale, an American clergyman who wrote a bestselling self-help book that revolutionised how Americans perceived themselves, their society and government — faith and self-confidence can make individuals as well as the nation affluent. 'The Power of Positive Thinking', published in 1952, right after Americans had emerged out of the Great Depression, rivalled the sales of the Bible in its initial years and has been a perennial bestseller. Peale's philosophy of paring religious belief with self-belief encouraged people to get successful by correcting their attitude through prayer, visualisation and self-motivation. "“Formulate and stamp indelibly on your mind a mental picture of yourself as succeeding. Hold this picture tenaciously. Never permit it to fade. Your mind will seek to develop the picture… Do not build up obstacles in your imagination,” Peale wrote.
22.01 / 09:41
markets
Citi
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reports
Oberoi Realty: Softer offtake leaves investors with little room for optimism
Subscribe to enjoy similar stories. Shares of Oberoi Realty Ltd are on a shaky ground, plummeting 13% in the past two trading sessions. The fact that sales momentum did not sustain in its marquee project Three Sixty West located at Worli in Mumbai and other projects has weighed heavily on sentiment.
22.01 / 02:35
Provident
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community
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The importance of building workplace resilience
Subscribe to enjoy similar stories. One of the questions that clients often ask is: What defines resilience? Given that we live in a world that feels like it is volatile, unpredictable and all about hustling and being constantly available, this is an important question. Whether we work in a corporate office, run our own entrepreneurial venture or are consulting and freelancing, this question needs an answer and defining resilience can have an impact on personal and organisational health.
22.01 / 00:19
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Stocks to buy: Raja Venkatraman recommends three stocks for today — 22 January
Subscribe to enjoy similar stories. It has been a week of unprecedented events that led to some sharp drawdown on the broader indices. As the trends began to slip, there was widespread chaos due to the complete lack of clarity.
22.01 / 00:19
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Five stocks to buy and sell today — 22 January
Subscribe to enjoy similar stories. • Datamatics Global Services Ltd: Buy at ₹665 | Stop ₹648 | Target ₹705 IT sector is going through some profit booking scenario while some select names have been able to revive, and the recent rally witnessed some sharp sell-off, and the inability of the price to hold on in the recent reaction indicates that the trends are showing some signs of buying interest. With a potential for more upside one can consider going long.
21.01 / 14:19
21.01 / 09:37
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Progressive
CEO
security
Dreams
Why Tech Mahindra’s turnaround is still a distant dream
Subscribe to enjoy similar stories. Tech Mahindra Ltd’s three-year transformation journey initiated under the leadership of CEO Mohit Joshi is making steady progress. The company is focusing on selective large deals and stringent cost controls to achieve its FY27 targets of a 15% Ebit margin and revenue growth above the industry average.
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