Booking Financial News

Do-it-yourselfers want a piece of the rental-car market. Small-time entrepreneurs are amassing vehicles to rent out through car-sharing services such as Turo and Getaround, or their own websites. They aim to take on giants including Hertz and Avis Budget—assuming they can master the difficult logistics of the business.

Yatharth Hospital IPO: The initial public offering (IPO) of Yatharth Hospital and Trauma Care Services Limited is opening for subscription on 26th July 2023 i.e. on Wednesday next week. The book build issue will remain open for bidding till 28th July 2023 i.e.

Baghdad's heavily fortified Green Zone, which houses foreign embassies and the seat of Iraq's government, early Saturday following reports of the burning of a Quran carried out by a ultranationalist group in front of the Iraqi Embassy in Copenhagen. They were pushed back by security forces, who blocked the Jumhuriya bridge leading to the Green Zone, preventing them from reaching the Danish Embassy. The protest came two days after people angered by the planned burning of the Islamic holy book in Sweden stormed the Swedish Embassy in Baghdad.

Ola Electric on Saturday announced the purchase window for its S1 Air scooter will open on July 28, 2023. The scooter will be available at an introductory price of Rs 1,09,999 for Ola community and reservers who book the S1 Air before July 28, the comapny stated in a press release. The limited period purchase window will remain open between July 28-30. For all other customers, the purchase window will commence on July 31 at a revised price of Rs 1,19,999 and deliveries to begin early August. “Our goal with the S1 Air has always been to make India's electric vehicle revolution accessible to all. The success of the S1 and S1 Pro has made electric vehicles mainstream in the country. We are confident that the arrival of the S1 Air will soon mark the end of the ICE Age in India’s scooter industry,” said an Ola spokesperson.

ANSAM) and Naga People's Front, have strongly condemned the inhuman act committed against the two women by a mob on May 4. The UNC asked the Manipur government to take up the case in a fast-track court to deliver justice instantly. «The government must initiate necessary steps for immediate booking of all the people involved in such dehumanizing crime,» the UNC said in a statement.

YES Bank on Saturday reported a 10.26% year-on-year (YoY) rise in its standalone June quarter profit at Rs 342.52 crore. The private lender's bottomline was higher than analyst expectations. Its net interest income was up 8.1% from a year ago and stood at Rs 1,999.6 crore.

Buy or sell stocks: Following weakness in global market cues due to sell off in technology stocks, Indian stock market snapped its six days winning streak and ended in red zone on Friday. NSE Nifty lost 234 points and closed at 19,745 levels while BSE Sensex nosedived 887 points and closed at 66,684 mark. Bank Nifty index descended 111 points and closed at 46,075 mark.

A former HSBC Holdings banker says one of the most criticized sustainable bond structures on Wall Street has the potential to dominate the roughly $6 trillion ethical debt market.

Waves of pink-clad moviegoers passed under carboard palm trees on the frenzied first day of “Barbenheimer.”

A report critical of British police says officers should not have used counter-terrorism laws to detain a French publisher in London earlier this year

Prophet Muhammad was a trader who was forced to become a raider. It happened fourteen hundred years ago, in Arabia. He was so good a trader that the richest woman in Mecca, a widow, decided to marry him.

MUMBAI : Equity benchmarks fell the most in four months on Friday, as investors booked profits in heavyweight Reliance Industries Ltd ahead of its earnings release, and sold off shares of Infosys Ltd and Hindustan Unilever Ltd that posted weak earnings the previous day. The Nifty 50 fell 1.17%, or 234.15 points, to 19745 points, while the Sensex corrected by 1.31% or 887.64 points to 66,684.26 points. The fall would have been steeper had it not been for banks, which bucked the trend with the 12-member Bank Nifty hitting a fresh 52-week high of 46369.50.

NEW DELHI : An estimated 50 million workers who left the global hospitality industry in the last three years amid the devastating impact of the pandemic may never return to work. This has caused a major challenge for hotels, travel agencies, and other travel service providers, who are struggling to find enough staff to meet a post-covid surge in demand. However, one company sees this as an opportunity to assist these businesses in generating more revenues.

Novak Djokovic may have lost an epic Wimbledon final to Carlos Alcaraz. But it did, all things grassed and dusted, an epic performance of a 36-year-old against a 20-year-old. As we all know, just doing the maths doesn’t do justice to the epic battle that was on display.

There are not many firms who would be prepared to pay for hotels, flights and restaurants for 750 bankers to have a get-together, even in the best of market conditions.  In the current environment, Macquarie Capital’s biennial conference in Tokyo looks quite surreally lavish.  The invitations have gone out to more or less the entire firm, so as well as the travel and accommodation bills, the Australian investment bank is prepared to give up almost an entire week’s revenue generation.  (The only people who haven’t been invited are those working on the public-facing equities business, and they will presumably be telling themselves that this is because that’s one business line where you really can’t leave the desk for days at a time).

Not unlike Deutsche Bank, Citigroup has shown a recent propensity for adding new senior people from outside the bank. There are signs that it's making efforts to keep its existing staff happy as a result.

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YES Bank is expected to report soft numbers for the first quarter ended June, reflecting weak underlying business growth. While the net interest income (NII) is seen growing in mid single-digits year-on-year, it is likely to decline on a sequential basis with weak loan growth. Kotak Institutional Equities is estimating 6% YoY rise in NII at Rs 1,968 crore.

(Reuters) — Global equity funds witnessed their first weekly outflow in four weeks in the week to July 19, reflecting concerns over slower growth in China and caution ahead of the Federal Reserve's policy meeting next week.

DLF will enter the Mumbai property market with a project in Andheri West, the company announced on Friday. The company will develop around 2.5 million sq ft in the first phase of the project. “DLF Home Developers Limited (‘DHDL’), a wholly-owned subsidiary, has executed a securities subscription and shareholders’ agreement, pursuant to which its wholly- owned subsidiary — Pegeen Builders & Developers Private Limited would allot 9800 equity shares of face value of Rs 10 per share at par to Trident Buildtech Private Limited,” the company said in the regulatory filing.

₹3,383.5 billion, signifying the impetus shown by the central and state governments in increasing the order inflow. Healthy growth in tendering is seen from the Indian Railways.