Booking Financial News

Concord Biotech IPO: Rare Enterprises-backed Concord Biotech said in an exchange filing that it has raised ₹465 crore from anchor investors, a day ahead of its initial public offer (IPO) opening for bidding. Concord Biotech IPO will open for subscription on Friday, August 4 and close on Tuesday, August 8. The company had fixed the price band at ₹705 to ₹741 per equity share for the proposed initial public offer.

Leah Remini has filed a lawsuit against the Church of Scientology, alleging «psychological torture», 'intimidation' and 'harassment' for over 10 years. The television star, known for shows such as Saved By The Bell and The King of Queens, joined the controversial church as a child. As a grown-up member, she quit in 2013 and has been speaking against Scientology ever since Leah Remini’s documentary against Scientology won at the Emmy Awards, according to reports. The actor was so affected that she co-created and hosted an anti-Scientology documentary series, titled «Leah Remini: Scientology and the Aftermath». The docu series was telecast from 2016 to 2019 and went on to win two trophies at the Emmy Awards.

A member of a small free library in the national capital of the world’s largest democracy shares her thinking about the choice of red as the background colour for a poster she has created. She is addressing the ‘art collective’, a programme within the library.

IPO papers with Sebi in December 2022 The IPO of Indegene consists of a fresh issue of equity shares worth up to Rs 950 crore and offer for sale (OFS) of up to 3.63 crore equity shares by existing investors, according to the Draft Red Herring Prospectus (DRHP). The OFS consists of up to 27 lakh equity shares to be sold by individual selling shareholders — Manish Gupta, Rajesh Bhaskaran Nair, and Anita Nair — and up to 3.36 crore equity shares by existing investors, including Carlyle, Brighton Park Capital and the Nadathur Family Office.

Rajya Sabha on Thursday passed the Advocates (Amendment) Bill, 2023, which aims to regulate the legal profession by a single Act and seeks to target «touts». The amendment would help to regulate the legal profession through a single Act, the Advocates Act, 1961, according to statement of objects and reasons of the legislation. Replying to a debate on the Bill in the Rajya Sabha, Union Law and Justice Minister Arjun Ram Meghwal said the legal profession is a noble profession and unlawful practices should be dealt with firmly.

ease of doing business and living in the country, a top government official said on Thursday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that Parliament passed a bill which seeks to promote ease of business by decriminalising minor offences through amendments in 183 provisions of 42 Acts. «We will do this in the future as well...We intend to follow with an inter-ministerial working group which will look at other provisions where further simplification, rationalisation or decriminalisation is possible and we are intending to do the same exercise at the state level by providing guidance to the states as well,» he told reporters here.

Expedia Group (NASDAQ:EXPE) shares fell as much as 10% on Thursday after the online travel company reported second quarter results.

Rajya Sabha on Thursday passed a bill that replaces the existing legislation which governs the registration of print and publishing industry in the country. The Press and Registration of Periodicals Bill, 2023 was passed by a voice vote. Replying to the discussion on the bill, Information and Broadcasting Minister Anurag Thakur said this will lead to ease of doing business for media and publishing companies, simplify the process of registration and decriminalise several colonial-era penal provisions.

offer for sale (OFS) component. The offer also entails a subscription reservation by eligible employees. A total of ₹58.64 crore of the proceeds from its fresh issue would be utilised for capital equipment purchases, while ₹140 crore will be allocated to the company's working capital needs and other corporate purposes.

It might be that only a small number of bankers will understand the true significance, but the end of an era is upon us. As part of the integration between UBS and Credit Suisse, UBS will switch off the Credit Suisse “Crossfinder” trading system.

Amrit Udyan of the Rashtrapati Bhavan will reopen for visitors from August 16, for the second time in the year, according to an official statement issued on Thursday. Amrit Udyan was opened this year from January 29 to March 31 under the Udyan Utsav-I. It was visited by more than 10 lakh people.

₹115 to ₹118 per equity share for the proposed SME initial public offer. Oriana Power IPO lot size consists of 1200 equity shares and the multiples of 1200 equity shares thereafter. Oriana Power IPO is made up of a completely fresh equity offering of up to 50.5 lakh equity shares totalling up to ₹59.6 crore.

TELUS International India has introduced the TELUS International University (TIU) initiative, aimed at supporting its team members and their families in pursuing their educational aspirations at prominent institutions in the region. The programme aims to offer a distinctive partnership model that includes employee subsidies and discounted courses. TIU claims to provide an extensive range of in-person and virtual courses for personal and professional development, covering various subjects like artificial intelligence, cyber security, product leadership and strategy, HR analytics and business management, according to an official release.

Lufthansa to reimburse the airfares totaling Rs 4.5 lakh and pay an additional compensation of Rs 25,000 to the child and mother for denying boarding in an Athens-bound flight. As per a ToI report, the child and mother were grounded at Kempegowda International Airport (KIA) in Bengaluru in 2021. The airline's ground staff reportedly denied boarding, claiming that transit through Germany was prohibited with an emergency travel document.

SUV, is scheduled for September 4, 2023. This premium SUV had been previously unveiled in India earlier this year, and the commencement of online bookings is imminent. The anticipated timeline involves the initiation of deliveries in September, immediately following the official launch event.

The latest federal indictment of former President Donald Trump poses an unprecedented test of the Justice Department’s ability to build a persuasive case not just for 12 jurors but also for the history books. In seeking to do that, prosecutors will face a number of hurdles in court, including showing that Trump’s actions were criminal as opposed to protected free speech. On the issue of whether it can persuade the public of the righteousness of its prosecution, the Justice Department has taken on a huge and politically polarizing target in an atmosphere already ripe with mistrust over its motivations.

Rajasthan News: The mess that the Congress leader and chief minister Ashok Gehlot's cabinet has been witnessing since they sacked state minister and Congress leader Rajendra Singh Gudha, has seen a new update wherein Gudha reportedly published three pages of the ‘Red Dairy’. The three pages of the ‘Red Dairy’ that Gudha has leaked allegedly has information of corruption in the Rajasthan Cricket Association.

₹50 per equity share. The public issue opened on Tuesday, July 25 and closed on Thursday, July 27. Innovatus Entertainment Networks IPO subscription status was 105.21 times on day 3.

Fitch's move to downgrade US rating as an excuse to book some profits off the table. Sensex has plunged about 1,500 points in 2 days while Nifty broke below the 19,300-zone. In the two-day selloff, investors have become poorer by Rs 5.7 lakh crore. While Fitch's statement had nothing new to offer as it is a well-known fact that developed market governments are getting more indebted, the downgrade of US rating to AA+ from AAA is seen as being sentimentally negative for riskier assets. In sync with the risk-off reaction in global and other Asian markets, Sensex plunged over 800 points on Thursday with Reliance Industries (RIL), banks and IT stocks leading the downside. Realty, banks and other financial stocks were among the worst affected but pharma stocks managed to thrive in the selling pressure on the back of Q1 earnings report card. Amid the global sell-off, Dalal Street traders also overlooked Morgan Stanley's upgrading of Indian equities to overweight position. Citing a structural uptrend, secular leadership and relative valuations being less extreme than in October, the global brokerage firm has placed India at the No.1 position in its basket of Asian emerging markets ex-Japan.

Here’s what Macquarie’s small-cap analysts were talking to clients about on Thursday.

Hyundai Motor India has introduced a special offer on selected car models, including i20, i20 N Line, Grand i10 Nios, Aura, Alcazar, and Kona Electric, reported HT Auto. As per the publication, customers can avail benefits up to ₹2 lakh, which encompass cash discounts, exchange bonuses, and exclusive benefits for corporate and government employees. However, it is important to note that popular models such as Creta, Venue, and Verna are not included in this particular scheme.