Booking Financial News
21.01 / 07:21
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Divis Labs shares 1.83 per cent in Tuesday's trading session
<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. 1.83 per cent to Rs 5886.75 in Tuesday's trade as of 12:32PM (IST) even as the benchmark Nifty ruled at 23123.85, 220.91 points. The scrip had closed at Rs 5996.70 in the previous session. The stock quoted a 52-week low of Rs 3350.05 and a high of Rs 6448.75. The company quoted a market-cap of Rs 156274.72 crore on the BSE.
21.01 / 02:41
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Tata Technologies will announce its Q3 results today. Here's what to expect
Tata Technologies will report its third quarter later on Tuesday. The company likely had a subdued quarter with flattish revenues and expected decline in the bottomline. JM Financial estimates the revenues to rise by a marginal 0.3% year-on-year (YoY) to Rs 1,301 crore, while another brokerage Kotak Equities sees the same to grow by 0.2% YoY to Rs 1,292 crore.
21.01 / 00:11
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Co-investor conundrum: Investors urge Sebi to rethink exit rules
Subscribe to enjoy similar stories. India-based venture capital and private equity firms have petitioned Securities Exchange Board of India (Sebi) to reconsider rules that mandate their co-investors exit alongside the fund, three people familiar with the development said. Co-investors are those who typically want to take additional exposure to a particular investment made by an alternative investment fund (AIF)—vehicles used by private equity and venture capital firms to invest in India .
20.01 / 21:07
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What are Kamala Harris's next steps after leaving office? Here's what she plans to do
former US Vice President Kamala Harris eventually prepares to leave office, several discussions among her advisers actually focus on her uncertain political future, reported The Hill.
20.01 / 13:19
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Karur Vysya Bank Q3 Results: Net profit jumps 20% to 496 crore
Karur Vysya Bank has reported a 20.4% year-on-year rise in net profit at Rs 496 crore for the December 2024 quarter against Rs Rs 412 crore in the year ago period. The bank's net interest margin for the quarter was at 4.03% as compared with 4.32% in the corresponding quarter of the previous year. Net interest income rose 7.8% at Rs 1,079 crore. Operating profit was 20.6% higher at Rs 815 crore against Rs 676 crore.
20.01 / 06:09
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IRCTC shares 0.42 per cent in Monday's trading session
Nifty ruled at 23313.2, 110.0 points. The scrip had closed at Rs 779.40 in the previous session. The stock quoted a 52-week low of Rs 743.75 and a high of Rs 1148.30. The company quoted a market-cap of Rs 62480.00 crore on the BSE.
20.01 / 00:51
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Kotak Bank: Lower cost of funds prevents margin slide
Subscribe to enjoy similar stories. Kotak Mahindra Bank Ltd’s standalone cost of funds has fallen quarter-on-quarter (q-o-q) to 5.06% in the December quarter (Q3FY25) from 5.15% as it benefited from cutting the savings account deposit rate by 50 basis points (bps) to 3% for balances under ₹5 lakh in October. Hence, the bank could marginally increase its net interest margin (NIM) to 4.93% in Q3 from 4.91% in Q2 despite the pressure on yield on advances.
20.01 / 00:51
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Stocks to buy: Raja Venkatraman recommends three stocks for today — 20 January
Subscribe to enjoy similar stories. The week started with some apprehension but the strong resurgence by the bulls surprised the bearish camp. The sharp upward traction for the entire last week signalled a bullish intent.
19.01 / 19:05
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Rush for Maha Kumbh Mela leads to surge in tourist footfall in Ayodhya
Maha Kumbh Mela in Prayagraj is sparking a surge in tourism in Ayodhya-cities in Uttar Pradesh about 170 kms apart-underscoring the booming religious travel circuit in India.
19.01 / 16:35
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Kumbh Mela 2025: A family shares how they saved big money on flights and hotels at Prayagraj
Prayagraj, particularly during the Maha Kumbh mela, as direct round-trip flights to the city were priced between Rs 35,000 and rs 40,000. By opting for a more economical alternative, he managed to cut costs significantly while still ensuring a comfortable journey.
19.01 / 11:09
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Enjoy your tea, like a fine book
Subscribe to enjoy similar stories. I started the year with the good intention of reading more and reading more attentively. I reached for Mortimer Adler’s How to Read a Book for advice.
19.01 / 05:23
19.01 / 02:37
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Gerald Durrell’s Corfu, and a magical world of animals
Subscribe to enjoy similar stories. A long, long time ago, in an age before literature festivals, I met a man who wrote books. I was just a wide-eyed schoolboy in Kolkata and I don’t recall anything the portly pink-faced man with twinkling eyes and a bushy beard said when he visited our school, but I remember the delightful little animal sketches he made on the fly on the optical projector.
18.01 / 17:57
18.01 / 04:51
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Infosys slips 6% post Q3 results, drags down Nifty IT index
Infosys shares tumbled close to 6% on Friday as the company's muted outlook after its third-quarter results prompted investors to cut their bets. «While Infosys reported decent numbers, the management expects a muted fourth quarter which led to the slide in the stock,» said Dharmesh Kant, head of research, Cholamandalam Securities.
17.01 / 19:55
17.01 / 08:51
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How Trump's political and business interests will intersect in the White House
As he assumes the presidency for a second time, Donald Trump brings with him a broad expanse of business relationships and financial entanglements
17.01 / 06:31
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Top 5 defence stocks to watch out for pre-budget gains
Subscribe to enjoy similar stories. India's defence sector is gearing up for a seismic shift as the government pairs record-breaking budgets with ambitious reforms, positioning the nation not just as a regional power but a global defence exporter aiming for ₹420 billion in exports by 2025. The Indian government ramped up its defence spending to ₹6.2 trillion in the 2024 budget, with expectations of an even larger allocation for the year.
17.01 / 05:57
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Delhi Court pronounces charges against Malvinder, Shivender Singh for cheating, conspiracy
Mohan Singh and Shivender Mohan Singh for cheating and criminal conspiracy.
17.01 / 01:41
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RBI floating rate bonds offer a low-risk, high-return option
Wealthy investors looking to book profit from equities amid rich valuations and eyeing a fixed income product with high safety are turning to RBI floating rate bonds, which currently give an 8.05% return. These bonds, issued by the Reserve Bank of India on behalf of the government, earn more than 10-year benchmark government bonds and fixed deposits, distributors said.
16.01 / 13:53
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UnitedHealth books better-than-expected fourth-quarter profit
UnitedHealth posted a better-than-expected profit in the final quarter of 2024, but revenue fell short as challenges like Medicare funding cuts and a Medicaid enrollment drop hurt
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