Booking Financial News
01.08 / 03:51
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Haryana Nuh violence: Who is Monu Manesar, the Bajrang Dal member at center of clashes
Nuh district of Haryana where two home guards were killed and more than 15 others injured including several policemen on Monday. Following the clashes, Gurugram and Faridabad district administrations announced that all schools, colleges, and educational institutes will remain closed on Tuesday here. Mobile internet services have also been suspended till August 2.
01.08 / 03:41
Provident
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Strategy
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ETMarkets Fund Manager Talk-Risk-reward currently more favourable towards largecaps, large midcaps: Mayur Patel
MUMBAI — The strong inflows into midcap and smallcap funds drove the outperformance of the broader market in the recent months, but the risk-reward doesn’t seem too favourable at the current juncture, according to Mayur Patel, fund manager — listed equity, 360 ONE Asset. It’s worth noting that the price-to-book valuation discount of the midcap and smallcap Indices compared to largecap indices, have significantly narrowed, he said.
01.08 / 03:23
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Nuh Violence: What triggered communal tension in Haryana? Explained
Nuh district of Haryana till August 2 to contain the "intense communal tension". Haryana Home Minister Anil Vij said the government has dispatched additional forces from neighboring districts. "We are also trying to send forces by helicopter," he told news agency PTI.
01.08 / 01:15
UPS
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Gap
country
SBI raises Rs 10,000 cr via 15-year infra bonds, demand robust
State Bank of India on Monday concluded the sale of ₹10,000 crore worth of infrastructure bonds amid robust demand from investors. The country's largest lender may opt for the same instrument for its next round of fundraising through debt, potentially within the current quarter. The bank on Monday sold the 15-year infrastructure bonds at a coupon of 7.54%, representing an aggressive spread over the comparable government security curve of such a tenure, the bank said in a release.
01.08 / 01:15
01.08 / 01:15
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NIFTY
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F&O cues: Nifty futures signal trade in 19,300-20,200 range during August series
Motilal Oswal Financial Services said. Meanwhile, as per the analysis, since the beginning of August series, Option data is scattered at various far strikes in monthly series. On a weekly front, Maximum Call open interest (OI) is at 19,800 then 19,700 strike while Maximum Put OI is at 19,600 then 19,500 strike.
31.07 / 19:07
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Aviat
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NCLT seeks approval of Go First lenders for ticket refund plan
₹597.4 crore. In response, the court inquired whether the RP could mobilize such a substantial amount. The RP clarified that immediate refunds were not on the table, but instead, payments would be made gradually after resuming flight services based on cash flow and revenue.
31.07 / 19:07
UPS
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Manufacturing
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Maruti to take reins of contract mfg firm
NEW DELHI : Maruti Suzuki India Ltd (MSIL) on Monday said it has decided to buy out its contract manufacturing partner Suzuki Motor Gujarat (SMG) from parent Suzuki Motor Corp. (SMC) at a potential book value of ₹12,755 crore. India’s largest carmaker aims to complete the transaction by 31 March 2024, R.C.
31.07 / 18:13
UPS
Citi
Booking
Teesta Setalvad moves Gujarat HC to quash FIR against her for fabricating evidence in 2002 riots cases
Teesta Setalvad on Monday moved Gujarat High Court to quash an FIR filed against her by the city crime branch for allegedly fabricating evidence in the 2002 riots cases. A sessions court had recently rejected her discharge plea in the case, even as the Supreme Court granted her bail after the Gujarat High Court denied her relief.
31.07 / 17:21
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Let us grapple with the complex morality of tech leaps
J Robert Oppenheimer’s life story is one for the movies. Oppenheimer was a brilliant, ambitious, driven, exacting, anxious and guilt-ridden chemist turned theoretical physicist. Dissatisfied with laboratory work in chemistry at Harvard University, Oppenheimer received his PhD in theoretical physics at Germany’s University of Gottingen.
31.07 / 17:19
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Microsoft
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CEO
AI’s Growing Legal Troubles
Wow, that was fast. It took only eight months to find ChatGPT and generative artificial intelligence’s Achilles’ heel. No, it isn’t naive management, though OpenAI CEO Sam Altman did declare that AI poses a “risk of extinction" for humanity and practically begged a Senate Judiciary subcommittee to regulate AI, and then when the European Union actually did pass regulations, he threatened to pull out of the region.
31.07 / 17:19
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Venture capitalists find it tough to escape the ‘sunk cost’ fallacy
Last week Prosus, one of the largest technology investors in the world, issued a statement on Byju’s. It said that since it first invested in Byju’s in 2018, the ed-tech company had grown considerably, but “its reporting and governance structures" haven’t evolved sufficiently. Byju’s is India’s most valuable unicorn, or a startup with a valuation of more than a billion dollars.
31.07 / 16:45
UPS
Booking
Extreme
country
Customers
Petronet LNG yet to recover Rs 1,265 crore of ‘use or pay’ charges from its customers
Petronet LNG is yet to recover Rs 1,265 crore of ‘use or pay’ charges from its customers, and is trying to find some ‘amicable solution’, its managing director has said. “The company has booked income towards "use or pay charges" of Rs 848.92 crores and Rs 415.91 crores in the financial year 2022-23 (for calendar year 2022) and financial year 2021-22 (for calendar year 2021) respectively on account of lower capacity utilization by its customers. The balance confirmation/ payment against the same is yet to be received,” the auditors flagged in the earnings statement.Petronet LNG is pursuing the matter with customers and is hopeful of a solution, managing director A K Singh said, adding that customers will be able to pay the charges once their businesses stabilize.
31.07 / 16:39
Lowe's
Booking
Manufacturing
KEI Industries Q1 revenue rises to ₹1,790.90 crore
KEI Industries Limited on Monday reported a revenue at ₹1,790.90 crore for the first quarter ended June 30, 2023, as compared to ₹1,568.94 crore a year ago. Its sales for the June quarter of fiscal year 2024 stood at ₹1,782.57 crore as compared to ₹1,565.41 crore a year ago.
31.07 / 15:17
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Actor
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week
AMC: 'Barbie' and 'Oppenheimer' drive admissions revenue to 'best ever' week
Investing.com — AMC Entertainment (NYSE:AMC) posted its best-ever week of admissions revenue earlier this month, fueled by a recent surge in cinema-goers eager to catch back-to-back screenings of «Barbie» and «Oppenheimer,» according to a statement from the movie theater chain on Monday.
31.07 / 15:03
IPO
Provident
Booking
Entertainment
Celebrity
band
Innovatus Entertainment Networks IPO: GMP, how to check allotment status
https://www.purvashare.com/queries/ - Log in to Innovatus Entertainment Network IPO allotment page - https://www.purvashare.com/queries/ - Choose IPO Name ‘Innovatus Entertainment Network ‘ from the drop-down menu bar. - Pick one of all three options to check the status: Application No, Demat Account, or PAN. - Click on the 'Search' button.
31.07 / 14:47
Booking
Mere pendency of civil suits cannot act as a legal bar on registration of real estate projects: Assam Real Estate Appellate Tribunal
Assam Real Estate Appellate Tribunal (REAT) observed that mere pendency of civil suits cannot act as a legal bar on registration of real estate projects. REAT observed this on Monday while dismissing an appeal filed by a builder against a judgement, delivered by the Real Estate Regulatory Authority (RERA), Assam. In this case, the RERA had imposed a penalty of twenty lakh rupees on the builder for not registering his project consisting of 252 flats.
31.07 / 14:13
UPS
Provident
Booking
Citizens
show
social
Income Tax Return Due Date AY 2023-24 News Live: Last Date Extension Denied, Over 6.50 Crore ITRs Filed
Income tax Return filing on http://www.incometax.gov.in, ITR Due Date AY 2023-24 Latest News Updates on July 31 deadline: Today is the due date of ITR filing for taxpayers whose accounts don’t need to be audited. If you haven’t filed your ITR for AY 2023-24 (FY 2022-23) yet, you must do it by the end of the day today. It is now almost certain that there will not be an extension of the ITR filing Due Date for AY 2023-24. More so because it seems most of the taxpayers have already filed their returns, a day before the end of the due date.
31.07 / 14:13
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Booking
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Extend Due Date till August 31, 2023: Tax filers made this demand and how taxmen responded
ITR Filing Due Date AY 2023-24 News: Even though there has been a record of ITR filing this year, several tax filers on social media complained of facing errors on the e-filing portal ahead of the due date and urged the Income Tax Department to consider extending the ITR Due Date by a month till August 31.
31.07 / 12:53
Booking
show
3,110 money laundering, 12K FEMA cases registered by ED in last 3 years: Govt
Parliament on Monday. Minister of State for Finance Pankaj Chaudhary told Lok Sabha in a written reply that the ED has recorded cases on the basis of a «risk-based robust mechanism» under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) and the Foreign Exchange Management Act, 1999 (FEMA).
31.07 / 12:53
Cooper
Booking
Instagram
Actor
stage
country
Koran set alight at protest outside Sweden parliament
Koran alight outside parliament in Stockholm on Monday, an AFP reporter saw, at a protest similar to previous ones that have sparked tensions between Sweden and Middle Eastern countries.Salwan Momika and Salwan Najem kicked and stomped on the Muslim holy book, then set its pages on fire before slamming it shut, as they had done at a protest outside Stockholm's main mosque in late June — sparking outrage and condemnation across the Middle East. The duo also staged a similar protest outside Iraq's embassy in Stockholm on July 20, where they stomped on the religious text but did not burn it. Swedish police granted a permit for the protest by campaigners hoping to see the Koran banned in the country, according to local media.
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