Booking Financial News
03.07 / 17:55
Booking
Airlines
Boeing
Mumbai
IndiGo cancels Istanbul-Mumbai flight due to technical issue in aircraft
IndiGo on Monday said it cancelled a flight from Istanbul to Mumbai on Sunday due to a technical issue in the Boeing aircraft. Since the aircraft was not available, the flight scheduled from Mumbai to Istanbul on Monday was also cancelled.
03.07 / 17:43
UPS
IPO
Booking
Platform
Senco Gold collects over ₹121 crore from anchor investors ahead of IPO
₹121.5 crore from anchor investors ahead of its initial share sale. Senco Gold Limited has allotted 38,32,807 equity shares to 21 anchor investors and raised ₹ 121.50 crore ahead of company’s proposed IPO, the upper price band of ₹ 317 per equity share (including premium of ₹ 307 per equity shares) with face value of ₹10 per share.
03.07 / 17:39
Provident
Booking
Enterprise
QIC in $1.6bn green loan for smart metering acquisition, capex
All the pieces have fallen into place at Vector Metering, the smart metering play now half-owned by Queensland Investment Corporation.
03.07 / 17:39
Booking
CEO
Strategy
Warning
$1.5b United Malt bid sticks, surviving earlier profit warning
United Malt has avoided the fate of a lower bid from French suitor Malteries Soufflet despite the Australian-based supplier of a key ingredient in beer having posted disappointing earnings during due diligence.
03.07 / 17:27
UPS
IPO
Booking
CEO
stake
Star investor Prashant Jain picks up stake in Senco Gold ahead of IPO
IPO, Senco Gold has raised Rs 121 crore in the anchor round, which saw participation of marquee investors like Nippon MF, White Oak, Jupiter asset management, Bandhan MF and 3P India Equity Fund that is owned by Prashant Jain. This is the first IPO investment for 3P India Equity Fund, which picked up 9.22% of the anchor investor portion. The company has allotted about 38.32 lakh equity shares to 21 anchor investors at the upper price band of Rs 317 per unit.
03.07 / 16:51
UPS
Booking
NIFTY
SENSEX
Indiabulls HF under F&O ban on NSE for July 4; check details
Also Read:Sensex, Nifty end at record closing highs; investors richer by nearly ₹2 lakh crore in a day Domestic market benchmarks the Sensex and the Nifty settled at record closing highs on July 3 on strong buying in most sectors amid positive global cues. Sensex hit its fresh record high of 65,300.35 in intraday trade while the Nifty also made a fresh peak of 19,345.10 during the session. Sensex finally closed 487 points, or 0.75 per cent, higher at 65,205.05 while the Nifty ended at 19,322.55, up 134 points, or 0.70 per cent.
03.07 / 16:51
UPS
Booking
Extreme
SPY
A Private Equity Summer Reading List
Private-equity professionals generally maintain busy schedules between meeting with prospective business partners, pitching new funds or working with portfolio company executives. But many industry professionals still make time to catch up on their reading. Over more than a decade, industry professionals have shared their favorite summer reading picks and this year’s recommendations reflect a range of genres and authors that is as varied as the industry itself.
03.07 / 14:37
Provident
Lowe's
Booking
Aware
Manufacturing
CEO
Staying in-plan: More 401(k)s keep retiree assets but more products needed
More 401(k) plan sponsors like the idea of retaining participants after retirement, which is helping drive the development of more in-plan retirement income products, data published Friday by Cerulli show.
03.07 / 14:15
Blockchain
UPS
Binance
Booking
Extreme
Google
generative AI
Generative AI will disrupt blockchain too: Here’s how
Artificial intelligence (AI) isn’t just generating lots of content these days, but equally, lots of excitement too. The rise of ChatGPT has led to the rapid adoption of generative AI technology in numerous industries, helping to answer people’s queries, create fresh content, book appointments, draw pictures, assist coders and much more.
03.07 / 13:15
COST
Lowe's
FIVE
Booking
Compilation
These three lenders are seeing the most home loan arrears
Non-bank lenders Victorian Mortgage Group, Pepper Money and Bluestone have some of the most delinquent mortgage books in Australia, with arrears over or near 5 per cent as rate rises exert further pressure on households.
03.07 / 12:37
UPS
FIVE
Booking
week
Stock Market Starts Holiday Week With Santa Rally
Christmas may have come and gone but if Monday’s stock market gains are any guide, Santa Claus may still be around planning to deliver more returns to investors.
03.07 / 11:46
Lowe's
FIVE
Booking
Google
Apple
Ray Dalio on the Latest Addition to His ‘Principles’ Series, and How to Invest Today
Ray Dalio, legendary investor and New York Times bestselling author, has some advice for investors for what could be a choppy year—and why diversifying your portfolio can reduce your risk by about 80%.
03.07 / 11:46
Digital
Booking
Career
Platform
Southern
Forbes
Duke
Net Worth
What Is Prince Harry and Meghan Markle’s Net Worth?
Prince Harry and Meghan Markle stepped down as working members of the British royal family in 2020—and since then, they have signed a series of lucrative, multi-year deals including documentaries, books, podcasts and more, worth an estimated total of $135 million, according to Forbes.
03.07 / 11:45
COST
UPS
Booking
Americans Could Set Record For Air, Auto Travel This July 4th
Americans are poised to set travel records this Independence Day, beating the 2019 marks hit for both air and car mileage while likely shrugging off persistent high fuel and travel ticket costs to celebrate the summer holiday.
03.07 / 10:11
UPS
Digital
Booking
NASDAQ
Extreme
Why Sanjiv Bhasin is bullish on these 2 beaten-down stocks
Sanjiv Bhasin, Director, IIFL Securities, says “the headwind and the recent uneasiness in IEX is more because this is an FII-owned stock. They owned it at Rs 300 and at Rs 125 they are getting the jitters. So the investor will make 50% return in IEX from here.
03.07 / 10:05
Citi
Reuters
Booking
Ripple
Ball
CEO
Airlines
United CEO apologizes for flying private jet while the airline delayed, canceled thousands of flights
Former United Airlines CEO Oscar Munoz discusses a government report blaming airlines for cancellations, retention in employees, and his new book, «Turnaround Time.»
03.07 / 09:43
COST
UPS
Provident
Target
Booking
Fighting
IDBI Bank stock: Check best level to buy, even better level to buy more; brokerage eyes turnaround, pins target
IDBI Bank stock provides a turnaround opportunity to investors, with a potential upside of up to 25% in one year or so, said HDFC Securities in a research note. The brokerage report recommended the investors to buy the shares of IDBI Bank between Rs. 54.8 – 55.9 (1.15x FY25E ABV). It noted that, “the improved financial condition of the bank and the proposed disinvestment of Government’s stake, provides an opportunity for a turnaround in the bank’s story on the back of a potentially professional management taking charge.”
03.07 / 09:43
UPS
Booking
CEO
JPMorgan
Solomonic
Morning Coffee: So, now Morgan Stanley is cutting 3,000 jobs too. The bank CEO who gets up at 4.30am and works 12 hours in the office
Although Lazard's cuts are numbered in the 100s and won't amount tomuch at all in London, there was much in last week's Lazard investor call to give junior investment bankers the fear. — The «deterioration» in the external environment, the bald statement that there's no sign of «bouncing back,» the admission that higher junior banker salaries are causing a problem. And now there are signs that Morgan Stanley feels the same.
03.07 / 09:27
UPS
Waves
Lowe's
Booking
Extreme
Time
It’s tough to time a new bull market but book some profits & get more into midcaps: Sanjiv Bhasin
Sanjiv Bhasin, Director, IIFL Securities, says now onwards, it is going to be more stock specific. There are some midcap stocks which can give a huge delta. Maybe largecaps are close to a top and so maybe a 100 points more from here there would be some sort of consolidation because if we keep going up parabolically, then the downside will also be fairly sharp when we see the correction.You had said we will make new highs in June. It happened at the end of June but where do we go from here? Are you getting a bit of over enthusiasm and a toppish kind of feeling for the market or do you see higher levels?Nifty was closer to 17,200 when I told you we will hit new highs by the end of June and it will be followed by a correction.
03.07 / 09:27
UPS
Booking
AGRO
HMA Agro Industries shares to list on Tuesday. What to expect?
HMA Agro Industries will list on the stock exchanges on Tuesday. Ahead of their stock market debut, the company's shares saw a sharp jump in grey market premium (GMP) from the previous week to Rs 40 apiece. From the upper price band of Rs 585, the listing is expected at a mild premium of 6-7%.
03.07 / 09:05
UPS
IPO
Booking
PKH Ventures IPO subscribed 21% so far on Day 2. Check GMP & other details
While the retail category garnered 21% subscription, the non-institutional portion was subscribed 30%. The part reserved for qualified institutional buyers (QIB), on the other hand, was subscribed just 11% so far on Day 2. The issue closes on Tuesday.
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