Booking Financial News

A M Naik said as he chaired the conglomerate's annual general meeting for the last time on Wednesday. It was in 1999 that the group diversified into IT and financial services and also made a foray into overseas markets for its flagship engineering business. That was also the year when Naik became the Chief Executive Officer of the company.

The owner of a Greek oil tanker that discharged nearly 10,000 gallons of oily bilge water into the ocean has been ordered by a federal judge to pay $2.25 million in fines and penalties

Suzlon Energy has approved launching qualified institutional placement to raise up to Rs 2,000 crore. The QIP will be of Rs 1,500 crore, with an oversubscription option of Rs 500 crore. «The securities issue committee of the Board has decided to undertake qualified institutions placement of equity shares to an extent of up to Rs 1,500 crore, with an option to retain oversubscription of up to Rs 500 crore,» the company said in a filing.

Paisabazaar, the credit arm of PB Fintech, on Wednesday said its operating revenue grew 59% on year to touch Rs 134 crore for the quarter ending June 30. This represented an 11% rise on a sequential basis, the company said.

Malhotra Group PLC, UK- based company, which has business interests in property, care home and leisure across UK, has acquired a stuck project in Punjab’s Ludhiana for around Rs 150 crore. The 300-acre project by Emerald Lands (India) Private Limited was under insolvency process and the National Company Law Tribunal (NCLT) has approved the resolution plan of Malhotra Group PLC after committee of creditors voted in their favour. The company will invest close to Rs 1,200-1,500 crore through FDI in developing the township which include a hotel, health farm, school, golf course and villas and apartments.

PB Fintech shares continued its losing streak for the second consecutive session on Wednesday's trade following the release of the company's Q1FY24 earnings on Monday, in which it trimmed its on-year losses. PB Fintech share price lost over 5% in today's session. PB Fintech stock price closed 2% lower at ₹745.15 on BSE.

intraday trading from an Indian finance context, exploring key concepts, strategies, and tips to help beginners navigate this thrilling terrain. Intraday trading, also known as day trading, involves buying and selling financial instruments within the same trading day. Unlike long-term investments, which may span months or years, intraday trading capitalizes on short-term price fluctuations to earn profits.

Hyundai has unveiled impressive figures for its sub-compact SUV, the Exter, with over 50,000 bookings recorded since the official commencement of bookings on May 8. The Exter was introduced in the Indian market on July 10, with an enticing entry price tag of ₹6 lakh (ex-showroom). Notably, even before the July launch, the Hyundai Exter had already secured 10,000 bookings, rapidly accelerating to exceed the 50,000 mark within a mere month of its debut.

₹40 to ₹42 per equity share and the Srivari Spices shares will be listed on the NSE SME exchange Friday, 18 August. Srivari Spices and Foods IPO plans to raise ₹9 crore and the total of 2,142,000 shares have been offered. The company plans to use the net proceeds to fund working capital requirements and meet general corporate expenses.

(Reuters) -Gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares down 8% in trading before the bell.

Roblox (NYSE:RBLX) shares fell more than 7% in pre-market trading after the company reported second quarter results.

Andrew Forrest’s Fortescue Metals Group wants a key section of the West Australian mining code – which holds the company solely responsible for paying compensation to the Yindjibarndi people – struck off the state’s statute books because it is unconstitutional, a court has heard.

IPO subscription status can be seen as the issue received total bids for 36.42 crore equity shares as against 1.46 crore shares on the offer. The finalisation of Concord Biotech IPO allotment is expected to take place on August 11, while refunds will be initiated on August 14. The shares will be credited to the demat accounts of eligible investors on August 17.

Speech competition: Organising an Independence Day speech competition can be a powerful way to engage students and enhance their understanding of the significance of this day. Plays or skits: Dramatic performances depicting the struggles of freedom fighters and India's journey to independence. Flag hoisting: A solemn ceremony of raising the Indian flag to honor the nation's freedom.

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Also read: A few good actions may actually be enough to improve education Joseph Cool, a teacher at Gaither High School, criticised the move, stating, "Taking Shakespeare in its entirety out because the relationship between Romeo and Juliet is somehow exploiting minors is just absurd." She added “I think the rest of the nation — no, the world, is laughing at us," after learning of the directive. The availability of books has become a contentious issue in Florida's public schools, with various groups advocating for the removal or retention of certain titles.

PVR, Inox, Cinepolis, the day has recorded 1,05,300 so far for Day 1. Moreover, he further noted that the advance ticket sales are fantastic in mass circuits and single screen properties. Another film trade analyst Sumit Kadel in a tweet on X also noted that the advance booking of the Sunny Deol and Ameesha Patel starrer at B&C tier single screen is even bigger.

LTIMindtree Ltd. fell 0.25 per cent to Rs 5069.85 in Wednesday's trade as of 01:03PM (IST) even as the benchmark Nifty ruled at 19505.0, down 65.85 points. The scrip had closed at Rs 5082.55 in the previous session.

Bill Gates, whose tireless dedication during his tenure at Microsoft is the stuff of legend, has undergone a remarkable transformation in his perspective on sleep. Gates, 67, now champions the virtues of a good night's sleep, a stark contrast to his earlier belief that sleep was synonymous with laziness.

domestic manufacturing is rightly placed. For nearly three decades from 1962 to 1988, car buyers in South Korea were forced to buy locally manufactured cars because the Korean government had imposed a ban on all imported automobiles till 1988 and the import of Japanese automobiles till 1998. Economist Ha-Joon Chang, in his book, Edible Economics, has talked about how until the early 1990, the Korean government made sure that Hyundai and other firms got access to high subsidised credits.

Supreme Court judge Justice Prashant Kumar Mishra on Wednesday recused himself from hearing a plea filed by former JNU student Umar Khalid seeking bail in a UAPA case related to alleged conspiracy behind the riots here in February 2020. Khalid's petition challenging the October 18 last year order of the Delhi High Court, which had rejected his bail plea in the matter, came up for hearing before a bench of Justices A S Bopanna and Prashant Kumar Mishra. «This will come before some other bench. There is some difficulty for my brother (Justice Mishra) to take up this matter,» Justice Bopanna said at the outset, without assigning any reason for Justice Mishra's recusal. Advocate Rajat Nair, appearing for the Delhi Police, told the bench that they have filed a counter affidavit but there is an objection shown by the apex court registry on it. «There are certain portion of statements which we have extracted, that portion is in vernacular,» he said, adding, «That statement itself is in vernacular.» Nair said he also wants to file relevant portion of the charge sheet filed in the case.