Booking Financial News
26.07 / 16:29
UPS
Art
Booking
beautiful
cover
Inside
AIM
Kerala should aim to become the world’s design capital
Every time I have to board flight from Kochi airport in Kerala, I make it a point to go a bit early. I have never experienced heavy rush at this airport. But I always try to reach early only because after all the security formalities are over, I want to spend some time at the book stalls inside the airport terminal.
26.07 / 15:55
26.07 / 15:29
Booking
Citizens
Orange
country
electronic
FINRA
Finra fines LPL $3M for failing to detect wire transfers that harmed clients
The Financial Industry Regulatory Authority Inc. Tuesday fined LPL Financial $3 million for falling down on its oversight of two financial advisors who pocketed $2.4 million from 13 clients, mostly senior citizens.
26.07 / 15:23
UPS
Booking
Strategy
Pool
Discover
band
share buybacks
We can consider share buybacks once every few years: R Shankar Raman, CFO, L&T
Driven by robust first quarter earnings and the first-ever buyback proposal of Rs 10,000 crore, engineering behemoth Larsen & Toubro’s stock touched all-time high of ?2,673.60 on the BSE, Wednesday. L&T's Chief Financial Officer, R Shankar Raman tells Kalpana Pathak that the company plans to consider a buyback once every few years. Edited excerpts:Your share price is doing well. Why did you decide on a buyback?We have surpluses beyond our requirements, not for all times to come, but at least for some time to come.
26.07 / 15:23
UPS
IPO
Provident
Booking
Manufacturing
band
Will Netweb Technologies deliver strong listing gains on Thursday? Here's what GMP signals
Netweb Technologies will be listed on the exchanges on Thursday and grey market trends indicate strong returns to investors on the listing day. The company's shares are commanding a premium of around Rs 390, and considering the upper price band of Rs 500, the stock is likely to debut at a solid 78% premium. However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly.
26.07 / 14:35
Blockchain
UPS
BLOCK
Digital
Booking
Enterprise
Welcome to the era of blocks and mortar: Learning from the past
The idea of history repeating itself is commonplace. Nevertheless, it’s intriguing to watch it unfold when it happens, as I believe we’re seeing now with Web3 echoing the dot-com era.
26.07 / 14:17
IPO
Provident
Booking
Entertainment
Celebrity
band
Innovatus Entertainment IPO: GMP, subscription status on day 2, 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.
26.07 / 12:55
UPS
Booking
Mobile
Qualcomm
Samsung
cover
Features
Samsung Galaxy Tab S9, S9+ and S9 Ultra launched with S Pen: Features, availability and more
Galaxy Unpacked 2023 event in South Korea today. Along with new generation of foldable phones, the company unveiled its new Galaxy Tab S9 series comprising three models - Samsung Galaxy Tab S9, S9+ and S9 Ultra with Dynamic AMOLED 2X display and Qualcomm Snapdragon 8 Gen 2. Samsung Galaxy Tab S9 series comes in two colors- Beige and Graphite.
26.07 / 12:37
UPS
Citi
Booking
AXY
show
Go for banks strong in corporate banking: Mahantesh Sabarad
Mahantesh Sabarad, Independent Market Expert, says the banking sector outlook remains that corporate banking will probably grow faster, if not in terms of growth rate number, then in terms of overall NIMs. Look for those banks which are better placed in terms of their corporate banking verticals. There could be more such banks in terms of corporate banking being better off.
26.07 / 12:37
Booking
India vs West Indies ODI: Flight delay leaves Team India unhappy; players want better travel planning from BCCI
Team India has reportedly expressed its displeasure with the travel arrangements ahead of the first ODI, which is scheduled for Thursday. According to an Indian Express report, some members of the Indian cricket team have written to the Board of Control for Cricket in India (BCCI) to not book any further night flights as they cause trouble for the team.
26.07 / 12:15
Booking
SEBI Wants To Move To T+1 Cycle; How Is This Good For Traders, Investors | Explained
As a trader every time you want to book profits, t... moreAs a trader every time you want to book profits, the funds take T+2 days to come to your account.
26.07 / 12:07
UPS
Booking
Racing
Airlines
Boeing
reports
Boeing reports second-quarter revenue beat, boosts 737 production goals
Investing.com — U.S. planemaking giant Boeing (NYSE:BA) reported second-quarter revenue that topped average analyst estimates, as it also outlined plans to increase production of its popular 737 MAX narrowbody jet.
26.07 / 11:45
COST
UPS
Booking
AXY
SUN
Siddhartha Khemka on why Bajaj Finance saw a sell-off post results
Siddhartha Khemka, Head-Retail Research, MOFSL, says Overall, the numbers are in line with our expectations. Today's reaction is a bit of a sell-on-news kind of thing but we have a very positive view on Bajaj Finance, given the strong growth trajectory that they have been able to maintain, plus the diversification that they are now doing in the financing business, which should help them scale greater heights.What is your view on the pharma sector and Cipla in particular?For the healthcare space, even FY23 was a weak period.
26.07 / 10:17
COST
Booking
stage
Bajaj Finance Q1 results: Net profit rises 32% YoY to ₹3,437 crore; asset quality improves
₹3,437 crore in the first quarter of FY24, registering a growth of ₹32% from ₹2,596.3 crore in the corresponding quarter of last year. Net interest income (NII) of the non-banking finance company (NBFC), on a consolidated basis, in Q1FY24 increased by 26% to ₹8,398 crore from ₹6,640 crore, YoY. Bajaj Finance’s assets under management (AUM) grew by 32% to ₹270,097 crore as of June 30, 2023, from ₹204,018 crore as of June 30, 2022.
26.07 / 06:27
UPS
Lowe's
Booking
NIFTY
Indian
Indian Hotels shares rise 0.63 per cent in Wednesday's trading session
Indian Hotels Company Ltd. rose 0.63 per cent to Rs 394.45 in Wednesday's trade as of 11:47AM (IST) even as the benchmark Nifty ruled at 19791.45, up 110.85 points. The scrip had closed at Rs 392.0 in the previous session.
26.07 / 05:19
Citi
Booking
Manufacturing
performer
voice
share price
ITC Share Price Falls as Investors Disappointed with Demerger Ratio
hotel industry that are worth discussing today. The first is about booming hotel rates ahead of the scheduled ODI International World Cup. The 2023 men's cricket world cup will be hosted by India from 5 October 2023 to 19 November 2023.
26.07 / 05:19
COST
UPS
FIVE
Booking
performer
2 PSU Stocks You Could ‘Bank’ Upon
Public sector undertaking (PSU) banks have been on investors’ radar over the past 6-8 months, given the attractive valuations they trade at and a revival in their earnings. And in the past few days, two PSU banks – Union Bank of India and Canara Bank – have reported strong operational performance in the June 2023 quarter. Investors on Dalal Street are optimistic that the growth momentum of these PSU banks will continue during the current financial year.
26.07 / 05:19
UPS
IPO
Booking
Enterprise
band
track
hospital
NOT
Yatharth Hospital IPO opens: GMP, subscription status, should you subscribe or not?
₹285 to ₹300 per equity share for the proposed initial public offer. Yatharth Hospital IPO raised ₹205.96 crores from 18 anchor investors at the upper price band of ₹300 per equity share on Tuesday, July 25. SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few prominent anchor investors.
26.07 / 04:39
UPS
IPO
Provident
Booking
band
hospital
Premium
share price
Asarfi Hospital share price opens at 90% premium. Details here
₹98.80 per share, 90 percent higher than the issue price of ₹52 on the BSE SME exchange. Asarfi Hospital IPO began accepting subscriptions on Monday, July 17, and it closed on Wednesday, July 19, 2023. The company set the IPO's price band at ₹51 to ₹52 per equity share The entire Asarfi Hospital IPO consists of a fresh offering of 51.80 lakh equity shares for a total of up to ₹26.94 crore.
26.07 / 04:25
UPS
Target
Booking
Buyback
share price
week
L&T share price hits 52-week high after strong Q1 results, share buyback announcement
₹2,670.00 apiece on the BSE. The engineering and construction major L&T posted a consolidated net profit of ₹2,493 crore in the first quarter of FY24, higher by 46% than ₹1,702 crore during the corresponding quarter in the previous fiscal year. L&T reported 34% YoY growth in consolidated revenues, reaching ₹47,882 crore from ₹35,853 crore, with international revenues contributing 40% of the total.
26.07 / 03:59
COST
Booking
AXY
Pool
show
performer
PNB Q1 Results: Bank declares earnings today, net profit likely to jump to ₹1,850 crore
PNB Q1 Results Preview: Punjab National Bank (PNB), the state-run lender, will announce its earnings for the quarter ended June 2023 on Wednesday, July 26. PNB Q1 results are expected to remain modest, in line with the performance of the overall PSU banks. Earnings growth for all PSU lenders is likely to remain robust in Q1FY24, aided by controlled credit costs, though margins can show a downside bias on rising funding costs.
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