Booking Financial News

₹285 to ₹300 per equity share for the proposed initial public offer. The anchor investors' auction will begin on Tuesday, July 25. Yatharth Hospital IPO consists of a fresh issuance of shares for ₹490 crore and an offer by the promoters Vimla, Prem Narayan, and Neena Tyagi to sell 65.51 lakh equity shares.

Spare, seems to have lost its charm among readers, as copies of the book are being left behind at holiday hotspots, causing a unique situation for hoteliers and resorts. The book, released only six months ago, initially created quite a stir and quickly soared to the top of Amazon's bestseller list, with over 1.43 million copies sold on its debut day, earning the book a prestigious Guinness World Record.  This remarkable feat earned the book the distinction of being the fastest-selling non-fiction book in history, outpacing other acclaimed works like A Promised Land by former US President Barack Obama and many others.

operating margins. Operating margin measures the percentage of revenue a company keeps as operating profit. It indicates the profitability of a business and facilitates competition among competing businesses or different industries.

Q1 results today: After three Indian IT major — Tata Consultancy Services (TCS0, HCL Technologies and Wipro, fourth IT giant Infosys is going to declares its Q1 results 2023 on Thursday. As per the company release, Infosys results for Q1FY24 may get announced by 3:45 PM followed by press conference and earnings call at 4:30 PM and 6:00 PM respectively.

«I do not know much about how it will make such a big difference to Zerodha, but to the financiers, it will. Because these guys are themselves selling what 50-60% of smartphones or phones, and they are selling their own televisions and everything else through their own network,» says Samir Arora, Helios Capital.We got a unique listing today. When I say not listing, but a price discovery of Jio Financial Services. What do you think would be the medium to long-term implications of this because Reliance is giving birth to a business which is backed by technology, which is backed by scale and they have advantage of data and reach. What implications do you think this could have on the lenders, the distributors, and even, for that matter, platform companies like Zerodha and Policy, PB Fintech? I do not know much about how it will make such a big difference to Zerodha, but to the financiers, it will.

Yatharth Hospital & Trauma Care Services will open for subscription on Wednesday, July 26. The three-day issue, which will close on Friday (July 28), includes a fresh share sale worth Rs 490 crore and an offer for sale (OFS) of 6,551,690 shares. The company filed its red herring prospectus (RHP) with the Securities and Exchange Board of India (Sebi) on Tuesday, July 18.

Mastek with a target price of Rs 2300. The current market price of Mastek is Rs 2214.25.

Nearly every big travel brand offers customers a chance to earn points and status via loyalty programs. Airbnb, one of the most recognizable travel companies in the world, doesn’t. Travel loyalty programs are popular with consumers who chase flight upgrades and who book lavish hotels with points.

During the 2022 economic environment that saw both stocks and bonds decline in historic fashion, driving down assets under management across the financial planning industry, organic growth stood out as a bright spot for the industry.

Joe Biden's administration has approached many deals, especially in the technology sector. The U.S. Justice Department and Federal Trade Commission (FTC) have mounted an unprecedented number of legal challenges to mergers since Biden came to office in 2021.

«But I think the story is just getting started in that sense because there are a couple of angles here. One is, even if companies have not been reporting good revenue numbers last quarter as well as this quarter, what is quite visible is that the deal win proportions and percentages have actually gone up, and they still look quite healthy,» says Abhiram Eleswarapu, BNP Paribas.You were still quite positive on IT despite the kind of numbers that we had seen in Q4. Incrementally, what is your view now? Are you still a buyer?Yes, we are still buyers.

Quran stormed the Swedish Embassy in Baghdad early Thursday, online videos purported to show. The videos showed demonstrators at the diplomatic post waving flags and signs showing the influential Iraqi Shiite cleric and political leader Muqtada Sadr. It wasn't clear if there were any staff inside the complex at the time.

Sisters Julie Stevanja and Sali Sasi had a hunch that an app targeting women like themselves offering exclusive deals and even cashback on high-end fashion purchases would be a success.

Oppenheimer" is set to provide a striking contrast at the box office upon its release on Friday, July 21. Based on the compelling book «American Prometheus» by Kai Bird and Martin J. Sherwin, «Oppenheimer» is a gripping biological thriller that delves into the life of J. Robert Oppenheimer, the brilliant physicist who played a pivotal role in the creation of the world's first nuclear weapons. With Cillian Murphy taking on the lead role, the movie boasts an impressive ensemble cast including Emily Blunt, Matt Damon, Robert Downey Jr., and Florence Pugh. Christopher Nolan's upcoming film «Oppenheimer» is generating immense anticipation as one of the standout movies of 2023. With its star-studded cast and a prime summer release date, this highly anticipated blockbuster is set to be an event that fans won't want to miss. Christopher Nolan is known for creating movies that are best enjoyed in theatres, but for those who prefer streaming, Oppenheimer will also be available. This highly anticipated summer blockbuster in 2023 marks the director's return after navigating the challenges of the pandemic and successfully releasing Tenet in theatres. Following Universal Studios' recent announcement as the new distributor for Christopher Nolan's films, they wasted no time in revealing the release date for his upcoming movie, Oppenheimer. Set to hit theaters on July 21, 2023, Oppenheimer marks Nolan's return to an R-rating after a span of 20 years, with his last R-rated film being Insomnia in 2002.

MUMBAI : Healthtech platform Pristyn Care has suspended Rahul Narang and Saurabh Arora, the founders of Lybrate Inc., a day after the duo served a default notice demanding outstanding payment resulting from Pristyn Care’s acquisition of their company in June 2022, two people aware of the development said on condition of anonymity. Tiger Global-backed Pristyn Care, which runs a network of hospitals and clinics through partners, had acquired Lybrate to enter the primary-care segment. While the deal size was not disclosed, it was said to be $20-30 million, including payments to other investors of Lybrate, such as Nexus Venture Partners, Tiger Global Management, and Ratan Tata’s RNT Associates.

Mumbai Police has registered an FIR against Italian fashion design brand Valentino, its billionaire founder Valentino Clemente Ludovico Garavani and some officials, based on a complaint filed on behalf of an Indian-American fashion designer, on the directions of a metropolitan magistrate. The magistrate on July 7 directed the police (Matunga police station) to register an FIR, saying a perusal of the complaint and documents annexed by the complainant reveals that «the cognisable offence has been committed by the proposed accused».

New Delhi: The Union cabinet on Wednesday approved two key bills to be introduced in the monsoon session of Parliament, for which a heavy legislative agenda of 30 bills has been drawn up. Though a short one, the monsoon session is likely to be a significant one given the bills that are listed for discussions. The Union cabinet cleared both the Press and Registration of Periodicals Bill, 2023 and the Mediation Bill, 2021, which has now been reworked to incorporate suggestions from a Parliamentary panel, said two persons informed about the development.

In what’s shaping up to be the biggest weekend for Hollywood at the box office after many months, Christopher Nolan’s Oppenheimer and Greta Gerwig’s Barbie are set to engage in a theatrical clash, generating immense excitement not only for the viewers in their home market but also among Indian fans. Nolan’s devoted fan base and the movie’s positioning as a big-screen spectacle shot on IMAX are helping the epic Robert Oppenheimer biographical thriller dominate advance ticket sales in India.

NEW DELHI : Indian stock markets continued their rally for the fifth straight session as benchmark indices marked fresh record highs on Wednesday. The Sensex breached the 67000-mark and Nifty crossed the 19800 level. Sensex scaled a record high of 67171.38, before closing at 67097.44, up 0.45%.

shipping industry is projected to sustain its performance in the current fiscal, albeit with some moderation in operating margins, CareEdge Ratings said in its report on Wednesday. The outlook for the Indian shipping industry is stable, primarily because the mid-size tanker (both crude and product) and dry Bulk segments account for the majority of vessel capacities, it said.

Federal Bank has launched a QIP (qualified institutional placement) issue on Wednesday and fixed Rs 132.59 as the floor price, which is at a marginal discount to current share price. «The Bank, the credit, investment and raising capital committee of the Board has approved the opening of the issue today and adopted the preliminary placement document and the application form in connection with the issue,» the company said in a filing. The floor price of Federal Bank is fixed based on the pricing formula prescribed under Sebi regulations.