Booking Financial News

27.07 / 13:33

UPS FIVE Booking Remark country cover Lok Sabha passes Jan Viswas Bill aimed at improving ease of doing business

ease of doing business in the country. The NDA government has repealed 1,486 laws and once the present bill gets parliament’s nod, the number of laws removed from statute books will go up to 1,562, Law Minister Arjun Ram Meghwal said. The 108-page Jan Vishwas (Amendment of Provisions) Bill, 2022 covers the Boilers Act, The Aadhar Act, 2016, the Legal Metrology Act, 2009, The Collection of Statistics Act, The Government Securities Act, 2006, and The Food Safety and Standards Act, 2006, among others.

27.07 / 13:33

UPS Booking Action NIFTY SENSEX FIIs were active net sellers, offloaded 3,979 crore, and DIIs bought securities worth 2,528 crore - July 27 trade

₹3,979.44 crore in the purchase of shares, while domestic institutional investors (DIIs) bought shares for a net total of ₹2,528.15 crore. FIIs purchased shares worth a net of 15,647.09 crore rupees for the month up to July 27, while DIIs sold shares worth a net of 5,306.77 crore rupees. The stock market closed lower on Thursday after a volatile session.

27.07 / 13:23

UPS MET Booking Progressive Sona BLW Precision Q1 Results: Net profit up 47% to Rs 112 crore

Auto component maker Sona BLW Precision Forgings on Thursday said its consolidated net profit increased by 47 per cent to Rs 112 crore in the June quarter. The company had posted a net profit of Rs 76 crore in the April-June period of the last fiscal.

27.07 / 12:59

Waves Booking NIFTY band Tech View: Nifty charts hint at more trouble ahead. What traders should do on Friday

Nifty closed below the immediate support of 10-day EMA at 19,680, after sustaining above it for 21 consecutive sessions. “Further weakness from here, the market could slide down to its crucial lower support of 20-day EMA around 19,500 levels. This moving average has been offering support for the Nifty for the past three months,” said Nagaraj Shetti of HDFC Securities.

27.07 / 12:45

IPO Provident Booking Entertainment Celebrity band Innovatus Entertainment IPO: GMP, subscription status on day 3, and other key details here

₹50 per equity share and the share will be listed on the BSE SME exchange Friday, 4 August. The Innovatus Entertainment IPO has a total issue size of ₹774.00 lakh, which consists of freshly issued equity shares. The company plans to use the net proceeds from the offering to finance several objectives, including meeting extra working capital needs, buying exhibition-related merchandise, and basic business needs.

27.07 / 12:03

UPS Lowe's Booking Action Financial Current risk-reward unfavourable; interest rates could be higher for longer: Asit Bhandarkar of JM Financial AMC

Asit Bhandarkar, Senior Fund Manager – Equity at JM Financial Asset Management pointed out that over the past year, mid-cap stocks have surged more than 30 per cent, mainly due to a P/E re-rating. He advised caution in the short term due to rapid price and valuation increases, global challenges, and pre-election volatility, but remain optimistic about India's long-term growth potential driven by infrastructure upgrades and consumption trends. We have seen a sharp up move in excess of 30 per cent in the mid-caps versus nearly 20 per cent for large caps in the last 12 months.

27.07 / 11:31

COST Booking Mind False Claims in ITR Under Scrutiny: Points to keep in mind to avoid income tax notice

Gone are the days when economic irregularities were ‘business as usual’ and claiming 80C/ 80D/ 80G/ 10(13A)/24(b) or any other deduction in income tax returns would merely attract a disallowance and consequential additions, that too in case the returns were scrutinized. Gone are the days when the ITRs of salaried individuals were not subject to scrutiny as a practice. Gone are the days when the professionals filing tax returns of assessees could go scot free and the entire blame of wrong-doings would be the burden of the assessees only.

27.07 / 11:31

UPS Provident Booking pension Central Govt Pension: Can you change name, surname in Service Book after retirement? PMO replies

The Central Government pensioners (CGPs) can change their name/surname in the Services Book after retirement, Union Minister of State of Personnel, Public Grievances and Pensions and Minister of State in the Prime Minister’s Office (PMO) Dr Jitendra Singh said in a written reply to a query in the Rajya Sabha on Wednesday (July 27).

27.07 / 11:01

UPS Provident Booking performer Buyback L&T share buyback will be fully subscribed: CFO Raman

buyback of shares will be fully subscribed as it offers shareholders around 15% premium to the market price, chief financial officer R. Shankar Raman told Mint in an interview. “If you look at various offers that have been put out, they've been between 15 and 20% premium and our assessment of the market is that it is around 15% premium.

27.07 / 10:59

Citi Booking Airlines Mobile Air India to start Delhi-Dhaka direct flights from Sept 15

Air India will commence its direct flights from Delhi to Dhaka from September 15, the airline announced on Thursday. In a move to enhance connectivity between the capital cities of India and Bangladesh, Air India will fly four times a week between the two cities using its Airbus A320 aircraft.

27.07 / 09:41

COST UPS Booking CEO share price Ujjivan Small Finance Bank Q1 results: Net profit jumps 60% to ₹324.1 crore; NII grows 32% YoY; share price rises 3%

Ujjivan Small Finance Bank reported a 59.7% rise in its net profit for the quarter ended June 2023 to ₹324.07 crore as compared to ₹202.94 crore in the same quarter last year. The bank’s net interest income (NII), which is the difference between interest earned and interest expended, during Q1FY24 increased 32.1% to ₹792.4 crore from ₹599.7 crore, YoY. Net interest margin (NIM) for the quarter declined 40 bps to 9.2% from 9.6%, YoY.

27.07 / 09:13

Target Booking Waters CEO Mobile Metro awards International Kalpataru Projects International, subsidiaries bag orders worth Rs 2,261 crore

Kalpataru Projects International and its arms have bagged orders worth Rs 2,261 crore. «Kalpataru Projects International Ltd (KPIL) & its international subsidiaries have secured new orders/notification of awards of Rs 2,261 crore,» a company statement said.

27.07 / 08:39

Booking Samsung classical Samsung Galaxy Watch 6 series launched: India price, and pre book offers

Samsung has launched Galaxy Watch 6 series in Indi... moreSamsung has launched Galaxy Watch 6 series in India.

27.07 / 08:39

UPS IPO Provident Booking Manufacturing band Netweb Technologies IPO Listing: Retail investors' investment nearly doubles in ten days

₹947 on NSE, reflecting a steep jump of 89.4 per cent as against the issue price On BSE it debuted at ₹942.5 apiece, 88.5% higher. Netweb Technologies IPO opened for subscription on Monday, July 17, and ended on Wednesday, July 19. The company has fixed the price band at ₹475 to ₹500 per equity share for the proposed initial public offer.

27.07 / 08:25

Booking Man film show cover social Radium Girls: Unveiling the dark secrets behind Oppenheimer and its unexpected link to radioactive elements

Oppenheimer happens to be one of the most historic films of Hollywood. Christopher Nolan’s biographical thriller is based on Pulitzer Prize-winning book American Prometheus: The Triumph and Tragedy of J. Robert Oppenheimer by Kai Bird and the late Martin J.

27.07 / 08:15

UPS Lowe's Booking Gap SENSEX ICICI Lombard shares down 0.44% as Sensex falls

ICICI Lombard General Insurance Company Ltd. fell 0.44 per cent to Rs 1362.2 in Thursday's session as of 01:14PM (IST) even as the equity benchmark Sensex traded 223.26 points lower at 66483.94. Earlier in the day, the stock witnessed a gap down start to the session.

27.07 / 07:59

UPS Booking Nestle Allianz performer Bajaj Finserv Q1 Results: Net profit jumps 48% to ₹1,943 crore; revenue rises 47% YoY

₹1,942.63 crore. The company’s net profit in the same quarter last year was ₹1,309 crore. The company’s revenue from operations in Q1FY24 increased 46.5% to ₹23,280 crore from ₹15,888.3 crore, YoY.

27.07 / 07:17

UPS Lowe's Booking NIFTY Zomato shares rise 0.27 per cent in Thursday's trading session

Zomato Ltd. rose 0.27 per cent to Rs 83.57 in Thursday's trade as of 12:38PM (IST) even as the benchmark Nifty ruled at 19729.45, down 48.85 points. The scrip had closed at Rs 83.35 in the previous session.

27.07 / 07:09

IPO Target Booking performer track Premium Netweb Technologies shares extend gains after listing at 89% premium. Buy, sell or wait?

₹942.50 apiece levels whereas it opened on NSE at ₹947 per share against its issue price of ₹475 to ₹500 per equity share. However, Netweb Technologies share price further ascended and went on to hit intraday high of ₹953 per share levels while on NSE it went on to hit intraday high of ₹952 per share.

27.07 / 07:01

UPS Digital Booking Software Enterprise show generative AI Generative AI will really help us to increase our business: Sanjay Lodha, Netweb Tech

«Around 50% of the customers are government and 50% are large corporate. And we see basically, the demand for our products and solutions is growing quite a lot,» says Sanjay Lodha, CMD, Netweb TechCongratulations, because it has been a pretty stellar listing. Just walk us through the outlook in terms of why there was a plan to list in the capital markets, and how you are looking to utilise these funds?Yes.

27.07 / 06:43

UPS Booking Allianz performer Bajaj Finserv Q1 Results: Cons PAT spikes 48% YoY to Rs 1,943 crore; revenue jumps 47%

Bajaj Finserv Ltd reported a 48.4% year-on-year (YoY) rise in consolidated net profit for the quarter ended June 2023 to Rs 1,942.63 crore. Revenue from operations rose nearly 47% YoY to Rs 23,280 crore.

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