Booking Financial News

By Carolina Mandl

VinFast Auto soared on its first day in the public markets, boosting the fortune of its billionaire founder.

woman and a six-months-old child were injured badly after being attacked by a pet dog inside the lift of a residential society at Sector 50 here, police said on Tuesday. The incident happened in the night on July 28 at Unitech Fresco. The police filed an FIR against the dog owner on Monday at Sector 50 Police Station.Jaswinder Singh, a British citizen and a resident of Unitech Fresco, filed a police complaint against the dog owner.

Fitch’s recent downgrade of U.S. public debt, dropping it one notch below “AAA,” is good reason to examine the relationship between U.S. debt and the dollar’s future as a reserve currency. The greenback is just the latest in a series of preferred currencies that have been used for foreign exchange reserves and to denominate other assets. But reserve currencies, unlike diamonds, aren’t necessarily forever, and that affects their issuers’ capacity to manage their public debt.

Netflix has been receiving new animated and live-action Sony movies, which will continue throughout 2023 in the United States. In April 2021, Netflix and Sony made a significant agreement to bring Sony’s feature films to Netflix around 6 months after their theatrical release.Below is a list of recent Sony movies on Netflix and what's planned, including expected release dates.

Maharashtra Real Estate Regulatory Authority (MahaRERA) has asked realty developers to set up grievance redressal cells to address complaints of their homebuyers. These cells for the developers’ projects are expected to have at least one grievance redressal officer. Compliance with this provision will be an important criterion in the proposed evaluation of projects by the regulatory authority.

₹880 crore-worth TVS Supply Chain IPO was subscribed 2.85 times in total as the public issue received bids for 6.99 crore shares as compared to 2.51 crore share on the offer during August 10 to August 14. TVS Supply Chain IPO was subscribed 7.89 times in the retail category and 1.37 times in the Qualified Institutional Buyers’ (QIB) category. The Non-Institutional Investors (NII) portion was booked 2.44 times by August 14, 2023, the last day of the bidding process.

Gautam Adani's renewable energy company is targeting to set up 45 gigawatts (GW) of renewable energy capacity by 2030, as it looks to cut emissions and help India meet its carbon neutrality target. Adani Green Energy Ltd has 8,316 megawatts (8.3 GW) of operational renewable energy capacity and another 12,118 MW either nearing construction or under execution, sources close to the company said. The target is to take this 20,434 MW (operational plus under execution projects) to 45,000 MW or 45 GW by 2030, they said, adding AGEL is looking to build roughly 3 GW of capacity to generate electricity from solar and wind energy every year.

Batak Mian, a cook who defied the orders of a British officer to poison Mahatma Gandhi during Champaran Satyagraha in 1917, still await the entire land promised later by independent India's first President Rajendra Prasad in 1952. Mian, who had to endure brutal torture and eviction from his land at the hands of the British for his patriotic act, died in 1957. According to popular accounts of the 1917 event, the incident took place when Mahatma Gandhi visited Motihari, the then headquarters of undivided Champaran district, to enquire about the appalling condition of indigo farmers.

Trideep Bhattacharya, CIO, Edelweiss MF, says: “It will probably take the next year for that improvement to come through. But the valuations over the next one or two quarters would be such that they may be good to add.

“Do you mean to say that Tatas propose to make steel rails to British specifications? Why, I will undertake to eat every pound of steel rail they succeed in making.” This was a retort by Sir Frederick Upcott, chief commissioner of Indian Railways in the early 1900s, when Dorabji Tata, son of Sir Jamsetji Nusserwanji Tata, announced plans to make steel in India. Upcott believed that Indians were good enough to make steel like the British wanted. Only British Steel supplied the steel good enough for making rails.A century of determinationIn October 2006, business magnate Ratan Tata put pen to paper as Tata Steel completed the most prominent foreign takeover by an Indian company as it acquired European steel giant Corus Group.

Ford has hired away a key Apple executive to run a new business unit that will sell software-related subscription services to vehicle owners

White House officials concerned about AI chatbots' potential for societal harm and the Silicon Valley powerhouses rushing them to market are heavily invested in a three-day competition ending Sunday at the DefCon hacker convention in Las Vegas

CBS has appointed Wendy McMahon to a new top role supervising CBS News, its local stations and syndicated programming

By David Randall and Saqib Iqbal Ahmed

NEW DELHI : The Securities and Exchange Board of India (Sebi) has proposed to ease the delisting regulations for companies to facilitate smoother exits for listed firms from stock exchanges. In a consultation paper floated on Monday, the regulator proposed providing an alternative route to listed firms for reverse book building and has also proposed a tweak counter offer framework. In a press conference held last month, Sebi chairperson Madhabi Puri Buch said a relook into the delisting rules was necessary since any participant who enters the listed markets should be able to exit it.

Sufjan Stevens has unveiled an upcoming album titled 'Javelin', set to be released on October 6 through Asthmatic Kitty. The single from the album, «So You Are Tired,» has been released, offering a glimpse of what's to come in Javelin's tracklist. Following his 2020 album «The Ascension,» Javelin marks Stevens' return to a conventional solo LP. This release is notably his first genuine singer-songwriter album since «Carrie & Lowell.» Collaborating with a circle of friends including Adrienne Maree Brown, Hannah Cohen, Pauline Delassus, Megan Lui, and Nedelle Torrisi, as well as Bryce Dessner from the National, who contributed acoustic and electric guitar for «Shit Talk.» Stevens has gone beyond just the music with this project. A complementary book accompanies the album, consisting of 48 pages of artwork and 10 essays, featuring his collages. Additionally, he personally designed the cover art for the album. Earlier this year, Stevens introduced the ballet soundtrack album «Reflections.» He has also delved into projects such as the instrumental collection «Convocations» and a collaboration with Angelo De Augustine titled «A Beginner's Mind.» Recently, Stevens' renowned work «Illinois» was adapted into a stage performance, an endeavor that attracted attention. To learn more about the stage adaptation of «Sufjan Stevens' Illinois,» you can read the article «What to Expect From the Stage Adaptation of Sufjan Stevens' Illinois» on Pitch.

public sector banks. At a review of the performance of state-owned insurers, the general insurers were conveyed that capital infusion will not be provided to them just to cut losses and they need to draw up strategies to work on their revival, officials told ET. «Insurers need to have a relook at their portfolio and work out future strategies,» said one government official.

modern history. On August 14, 2013, more than 900 unarmed people sitting on a protest demonstration were killed when the military opened fire on them. Most of them were supporters of former president Mohamed Morsi, who was deposed in a military coup.

LKP Securities has picked out its top public-sector undertaking (PSU) stocks which are likely to give good returns to shareholders in the short-term. According to the domestic brokerage house, the PSU stocks have generated positive returns over the past two years and have potential for ‘immense value creation’ in the next 3-6 months. The brokerage sees upside in the range of 15 per cent-40 per cent on these top 10 stocks in short-term.

₹880 crore IPO was subscribed 2.78 times, with bids received for a total of 6.99 crore shares against 2.51 crore on offer, according to data from the stock exchanges. The IPO’s institutional quota was subscribed 1.35 times, while non-institutional investors’ portion was subscribed 2.35 times, suggesting that the primary market may be headed for brisk business. “IPOs priced over last 1-2 quarters has seen strong participation from all categories - domestic & foreign institutional and retail investors.