Booking Financial News

rapper G Herbo, who was under trial for using stolen credit card information to fund his lavish lifestyle, has pleaded guilty. The singer faces a 25-year prison sentence if convicted. His sentencing is due on November 7, 2023.

Deepak Shenoy, Founder, Capital Mind, says “PE ratio at the smallcap index is less than that of midcap or the largecap indexes. They have shown earnings growth that have come at a fast clip. In the last six months, we have seen some stock price rises.

Nissan and Datsun vehicles across India to get free check-up of their vehicles. Customers can book a service appointment for the camp through the NissanConnect app or Nissan India website.

IAS officers, and the elder brother of Raipur Mayor Aijaz Dhebar have been booked on charges of cheating, forgery and criminal conspiracy by the police in Greater Noida in connection with an ED probe into an alleged liquor scam in the central state, officials said on Monday. The FIR was lodged at the Kasna police station on Sunday on a complaint from the Raipur-based deputy director of the Enforcement Directorate (ED), which is probing the alleged Rs 2,000-crore scam in the Chhattisgarh excise department. Those named as accused in the case are Indian Administrative Service (IAS) officer Anil Tuteja, Arunpati Tripathi, an Indian Telecom Service (ITS) officer and a special secretary in the excise department, IAS officer and Excise Commissioner Niranjan Das, businessman Vidhu Gupta and Anwar Dhebar, the elder brother of Raipur Mayor and Congress leader Aijaz Dhebar, according to the FIR. Tripathi, the former managing director of the Chhattisgarh State Marketing Corporation Limited (CSMCL), and Anwar Dhebar were arrested by the federal agency in the case earlier. The Supreme Court asked the ED on July 18 to «stay their hand in all manner» in the alleged liquor scam-linked money-laundering probe.

Honda Cars India (HCIL) has commenced the production of its latest midsize SUV, the Elevate, at its manufacturing plant in Tapukara, Rajasthan. With over 90 per cent localisation, the company aims to competitively price the SUV for its nationwide launch in September, just in time for the festive season, reported HT Auto. Reportedly, the Honda Elevate, set to be Honda's global SUV manufactured in India, is scheduled for launch in September, with deliveries commencing in the same month, according to Honda Cars India.

Narendra Modi Stadium, Ahmedabad to watch the spectacle. The historical rivalry between the two teams boosted with political differences makes the game very sensitive for the people of both nations. The prices of hotels in Ahmedabad skyrocketed with people ready to pay even ₹80,000 to ₹1,00,000 for hotel bookings.

GoAir must pay a compensation of Rs 10,000 and reimburse additional flight charges amounting to Rs 13,956 to a flyer for the abrupt cancellation of a flight to the Maldives a week before the scheduled trip. As per a ToI report, the commission supported the complainant's argument, stating that the cancellation caused mental agony and inconvenience, despite booking the tickets well in advance for a hassle-free family holiday. The complainant, DV Manohar (69), a resident of Whisper Valley, had booked round-trip tickets for Rs 77,408 through GoAir for a holiday trip to the Maldives.

Power Mech Projects has been awarded a mine development and operation (MDO) project of Rs 30,438 crore by state-owned steel maker SAIL. «This project is being awarded to a consortium of Power Mech Projects Ltd (PMPL) — PC Patel Infra Pvt Ltd for development and operation of Tasra opencast project, located at Jharia Coal fields in Dhanbad district of Jharkhand,» a regulatory filing said on Monday.

Power Mech Projects Ltd, an industrial services and construction company providing services in power and infrastructure sector, has secured a mine development and operation (MDO) project from the Steel Authority of India Ltd. (SAIL) for an estimated value of ₹30,438 crore over the contract period. The company will develop the Tasra open cast project, located in Jharia Coal Fields in Dhanbad, Jharkhand.

government in Maharashtra. The NCP chief recalled how previous governments in Maharashtra helped in the preservation of ancient art and culture, literature, and history, according to a report published by the news agency PTI. "But it is difficult for us to engage with the present state government.

«We are looking at inorganic opportunities. As you know, we had done the DHFL acquisition which was a large inorganic opportunity, which was about two years ago, now it will be two years in September and we will continue to look at inorganic activities provided that it fits in with our strategy,» says Ajay Piramal, Chairman, Piramal Enterprises.How is the condition of the balance sheet right now, especially after selling the Shriram Finance stake, Rs 4800 crore proceeds coming in, how are you going to use it? Will it be used for growth capital of the retail book?So, the balance sheet actually is very strong.

This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. The marshmallow test is a classic of standardised psychology.

₹3,511 crore. This performance provides confidence that the state-owned aerospace and defence company is on track to meet its FY24 revenue growth guidance of 17%. Gross margin stood out as a particularly positive surprise in the June quarter, reaching 43.5%.

This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. Can you afford to retire? The answer is much more likely to be no today than it was a year ago—especially for those old enough to ask themselves the question.

V Vaidyanathan, MD & CEO, IDFC First Bank, says: “We feel that our operating profit will continue to outpace our loan book growth. Our loan book guidance is 22-24%. But our profit will outpace it because the operating leverage is kicking in.

"Chemicals is one space which is underrated right now because clearly we are seeing earnings headwinds, we are seeing margin pressures because China's supply has opened up so that is also something for the next three to six months one should be very watchful," says Aman Chowhan, Abakkus Asset Management.So, financial seems to be the consensus trade that you are talking about. But which is the most underrated sector, you would say, is that technology? Technology, yes but at the same time stocks have not corrected the way the results have been, the way the Infosys revised guidance, there has not been much impact on the stock price.

₹842 against the previous close of ₹856.50 and fell 3.6 per cent to ₹825.30 soon on BSE. After market hours on Friday (July 28), SBI Card reported its consolidated net profit fell 5 per cent to ₹593 crore, compared to ₹626.9 crore in the corresponding period last year. Revenue from operations increased 24 per cent to ₹4,046 crore, compared to ₹3,263 crore in the year-ago period while interest income increased by 30 per cent at ₹1,804 crore in Q1FY24, compared to ₹1,387 crore in Q1FY23.

Stock market today: IDFC First Bank shares have been in uptrend since early morning deals on Monday. IDFC First Bank share price today opened with an upside gap and went on to hit intraday high of ₹85.75 apiece levels on NSE, logging over 2 per cent rise within few minutes of stock market's opening bell today.

Maruti Suzuki India Ltd, the largest passenger vehicle manufacturer in the country, is set to announce its Q1 results today. The auto major is likely to see its net profit more than double in the first quarter of FY24 as compared to the same period last year. During Q1FY24, the automobile industry overall witnessed higher realization led by price hikes and improved volume driven by a strong order book, new product launches, and increased demand for personal mobility.

Ola Electric's S1 Air will be available for Rs 1.1 lakh for all from tonight. Initially, the S1 Air was available for Rs 1,09,999 for the Ola community and reservers who booked the S1 Air before July 28. For all other customers, the new electric scooter was to be made available on July 31 at a revised price of Rs 1,19,999.

Nationalist Congress Party (NCP) president Sharad Pawar has said if his party, the Congress and the Shiv Sena (UBT) decide, they can usher in a change in Maharashtra. The NCP, Congress and Shiv Sena (UBT) are constituents of the Maha Vikas Aghadi (MVA) in the state. Pawar also claimed it was difficult to engage with the present state government.