Booking Financial News

Daniel Klier is CEO of ESG Book and HSBC’s former global head of sustainability

equity benchmarks hit fresh all-time highs on Tuesday, extending their record-breaking run to the fourth straight day, on the back of persistent foreign institutional buying. The Sensex briefly surpassed 67,000 and Nifty momentarily crossed 19,800 in a choppy session as gains in index heavyweights RIL and IT services companies offset selling in the broader markets. The Sensex closed at a record 66,795, up 205.21 points, or 0.31%, from the previous record-high closing of 66,589.

Economic bubbles come in all shapes, sizes and levels of insanity, but the Beanie Baby craze was easily one of the most absurd

James Patterson, Suzanne Collins and Margaret Atwood are among thousands of writers endorsing an open letter from the Authors Guild urging AI companies to obtain permission before incorporating copyrighted work into their technologies

MUMBAI : Billionaire Gautam Adani emphasized his group’s commitment to improving governance standards during Adani Enterprises Ltd’s (AEL’s) first shareholder meeting after allegations of stock manipulation and accounting fraud made by US-based short-seller Hindenburg Research earlier this year. “It is my commitment that we will continue to strive to keep improving these (governance standards) every single day," he told shareholders at AEL’s 31st annual general meeting (AGM) while sounding upbeat about the conglomerate’s growth prospects amid India’s ambitious infrastructure spending plan and economic resilience.

MUMBAI : IndusInd Bank clarified on Tuesday that it has no plan to raise additional capital, despite its promoter, the Hinduja group, seeking to raise its stake in the bank.With a total capital adequacy of 18%, the bank believes it is well-capitalized and will not look at raising fresh capital unless the core equity capital falls below 14%. Currently, the common equity tier 1 capital (CET1) or a bank’s core capital stands at 16.44%.

Ukraine’s failure to secure an invitation to join the North Atlantic Treaty Organization (Nato) during the alliance’s annual summit in Vilnius, Lithuania, has disappointed many, including Ukrainian President Volodymyr Zelensky. But although the summit’s concluding statement did not offer a definitive timetable for Ukrainian accession, it did demonstrate a degree of unity and strategic foresight that would have been impossible had Donald Trump still been president of the US. To be sure, Nato leaders’ promise to extend an official invitation to Ukraine “when Allies agree and conditions are met" was somewhat nebulous, and Zelensky, angered by the ambiguity, criticized the Western position as “unprecedented and absurd." But US President Joe Biden was right to suggest that the war must end before Ukraine is allowed to join.

Back to 15 has been streaming on Netflix since February 2022 and has been on the Top 10 list for some time. Although not its top show, for Netflix, Back to 15 is popular enough. The comedy series shows the life of 30-year-old Anita (played by Camila Queiroz) who, bored with her present life, travels back in time to her past when she was 15 years old (played by Maisa Silva). Anita, of course, goes to high school again. But life is not what it seems even back then, and instead of fixing others, she realizes that she needs to fix herself. In good news for shows’ fans, Netflix Brazil has confirmed the renewal of Back to 15 for Season 3. The announcement was made on Twitter on July 17, 2023. Since actors Camila Queiroz and Maisa Silva were both tagged in the tweet, we can assume they will be reprising their roles in Season 3 of Back to 15. Also, there may be another time leap (or back in time) on the show. «Back to 15» has already received acclaim for its humorous and heartfelt storytelling, as well as its relatable characters. The series has garnered commercial success and has emerged as one of the most beloved Brazilian shows on Netflix. Bruna Vieira, who is the author of the book that Back to 15 is based on, also tweeted after the renewal announcement, saying, “Today I woke up feeling renewed what about you????” (sic)

IndusInd Bank's first-quarter results were strong, reflecting the bank's strong performance in the past few years. The bank's core business continued to perform well, with net interest income (NII) and net interest margin (NIM) growing at a healthy pace. Asset quality remained stable, with gross non-performing assets (NPAs) falling to their lowest level in several years.

‘Oppenheimer’, the epic biographical drama directed by Nolan, has reportedly crossed 300,000 tickets in advanced sales, revealed Ashish Saxena, COO- of Cinemas, BookMyShow, revealed in a statement. Since the Cillian Murphy-Emily Blunt starrer will be the only release in IMAX this week, major metropolitan cities like Bengaluru, Hyderabad, Delhi, and Chennai are ruling the roost when it comes to ticket sales on the platform. A staggering 42 per cent of tickets purchased on BookMyShow have been for immersive cinematic formats such as the IMAX as cinephiles from the aforementioned regions have been aiming to bag the best cinematic experience they can afford. On the other hand, Barbie, the feel-good comedy-drama about the iconic doll, that has been the first BFF of pretty much every girl around the globe has also generated quite an excitement in India. According to Saxena, Ryan Gosling, Margot Robbie's film has sold an impressive 54,000 tickets on the ticket-selling portal.

A personal finance writer evaluates the lessons from Netflix’s “Get Smart With Money” and “How to Get Rich,” including the internal work it takes to determine your financial goals

George Clinical, the Sydney-headquartered contract research business, has rung up a big payday for its investors after Hillhouse Capital cleared deal-closure hurdles put up by the Foreign Investment Review Board.

Meet the billion-dollar small cap that’s ridden the electric vehicle wave from $65 million four years ago. Now it’s set to launch a veritable schmooze-fest of local fund managers.

Nifty extended their winning streak into the fifth consecutive session, settling at their fresh closing peaks on Tuesday (July 18) amid positive global cues while the dollar traded near its one-year low level. “World shares were steady near their recent 15-month highs and the dollar held close to a one-year low on Tuesday as investors paused to take stock of weak economic data from China and waited for US retail sales data and earnings," reported Reuters.  The US retail sales and industrial production data is expected later today which could influence the Federal Reserve's monetary policy stance. The US Fed, European Central Bank and Bank of Japan will hold their policy meetings next week.

Oppenheimer and Greta Gerwig's much-talked-about adaptation of Barbie are set to hit Indian cinemas this Friday, July 21. With immense buzz surrounding both films, early indicators suggest a strong opening at the box office. Oppenheimer began its advance booking ten days ago and witnessed an impressive response within the initial few hours.

CA books then become a quintessential addition to the aspirant's study materials. These exam preparation books offer deep insights and detailed and comprehensive knowledge of the study materials in a concise manner and student-friendly language. The books also incorporate solved previous year papers, model test papers, and question banks for revision. The easy-to-understand notes are great for quick revisions. Scroll through our selection of the best CA books available right now and ace your exams.

Multibagger stock: A long term investor not just earn from stock movement only. A listed company shares its profit with its shareholders using its capital reserves. The listed companies reward its loyal investors by announcing dividend, bonus shares, stock split, rights issue, buyback of shares, etc.

Defence stocks have been firing on all cylinders this year, with most of them giving double-digit returns, prompted by several deals ranging from technology transfer to India to arms manufacturing to strengthening of the Indian defence system under the 'Make in India' banner. Shares of Mazagon Dock Shipbuilders, India’s only shipyard to have built destroyers and conventional submarines for the navy, have gone through the roof, rising 122% so far this year.

IPO subscription status: The initial public offering (IPO) of Netweb Technologies India has received robust demand so far on July 18, the second day of the bidding process. Netweb Technologies IPO has been subscribed 4.74 times so far on day 2 as the issue received bids for 4.19 crore shares as compared to the IPO size of 88.58 lakh equity shares. The IPO has been subscribed 5.84 times in the retail category and 8.38 times in the Non-institutional Investors (NII) category.

New Delhi: India’s media and entertainment industry is expected to touch $73.6 billion in size by 2027, growing at 9.48% CAGR, according to the Global Entertainment & Media Outlook 2023-2027, a report launched by multinational professional services network PwC (Pricewaterhouse Coopers International Ltd). With new launches from international players and increasing options to pay less, OTT revenue has surged in recent years, expanding a further 25.1% in 2022 to reach $1.8 billion, over six times the revenue of 2018.

The Economist spoke to Mr Kissinger for over eight hours about how to prevent the contest between China and America from descending into war. These days he is stooped and walks with difficulty, but his mind is needle-sharp. As he contemplates his next two books, on artificial intelligence (AI) and the nature of alliances, he remains more interested in looking forward than raking over the past.