Booking Financial News

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Marico Ltd. 0.07 per cent to Rs 592.65 in Monday's session as of 01:01PM (IST) even as the equity benchmark Sensex traded 157.17 points at 77423.14. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 719.80 and a 52-week low of Rs 486.75 on NSE. Around 10852 shares changed hands on the counter till 01:01PM (IST).

Tube Investments of India Ltd. 0.34 per cent to Rs 3455.95 in Monday's trade as of 12:36PM (IST) even as the benchmark Nifty ruled at 23538.0, 5.3 points. The scrip had closed at Rs 3444.00 in the previous session. The stock quoted a 52-week low of Rs 3130.50 and a high of Rs 4807.05. The company quoted a market-cap of Rs 66409.54 crore on the BSE.

Charlie Munger authored a book titled Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger. While the title plays on Benjamin Franklin’s Poor Richard’s Almanack, some might argue it had an unintended double meaning. Recently, Helios Mutual Fund’s CEO, Samir Arora, raised an intriguing question on X about Munger’s relatively ‘modest’ net worth of $2.6 billion, compared to his long-time partner Warren Buffett’s fortune. It turns out that on a relative scale, compared to what people expect, he really was ‘Poor Charlie’! However, I think investors should ignore Munger’s poverty entirely. The real wealth he created wasn’t just about his net worth, but in the intellectual capital he gave to generations of investors. Consider the investment principles Munger outlined in a speech summarised by John Templeton, a reference in the same X post. These eight commandments of investing are worth more than any billion-dollar fortune because they’ve helped countless investors build their wealth. Let’s examine why these principles are so valuable. First, Munger’s emphasis on specialisation and understanding your ‘circle of competence’ has saved many investors from costly mistakes. His anecdote on Bobby Fischer brilliantly illustrates this: When asked how to beat the chess champion, his answer was simple, ‘Get him to play you at any game except chess.’ The lesson? Stay within your domain of expertise.

The company is the largest residential real estate developer by booking value in 2023-24 and its portfolio includes residential development, plotted development, and mixed-use and township developments. The management is confident of high growth because of the strong brand, pan-India presence, demonstrated track record and robust marketing. It is seeing strong demand momentum across markets (NCR, Bengaluru and MMR) leading to a jump of 68% and 126% year-on-year in the collections and operating cash flows in the September quarter.

Some travellers who checked baggage on certain WestJet flights between 2014 and 2019 may now claim their share of a class-action settlement approved by the British Columbia Supreme Court last month and valued at $12.5 million.

Prestige Estates Projects Ltd plans to launch housing projects worth Rs 52,000 crore by March next year to encash surge in demand for residential properties. In its latest investors presentation, Prestige Estates has mentioned that the company plans to launch multiple projects in Bengaluru, Hyderabad, Chennai, Goa, and Delhi-NCR comprising more than 53 million sq ft area with a total sales bookings value of Rs 52,114 crore. According to a transcript of conference call with analysts, Prestige Estates CMD Irfan Razack expressed confidence that the company will be able to meet its sales bookings guidance for this fiscal year at Rs 24,000 crore. During the 2023-24 fiscal year, Prestige Estates clocked record sales booking of Rs 21,040 crore.

Subscribe to enjoy similar stories. A decade ago, in June 2014, The Atlantic published The Case for Reparations, Ta-Nehisi Coates’s much-lauded essay about housing and financial discrimination against African Americans.

Prasanna Kumar, a student of Swaroopa Adyayana Kendra, has earned a place in the Indian Book of Records for this astonishing feat. Prasanna has achieved a remarkable milestone by visually interpreting the entire Bhagavad Gita. Using a unique pictorial language developed at Swaroopa Adyayana Kendra, Prasanna, son of Pampapathi and Nandini, illustrated all 700 shlokas of the sacred text through 84,426 meticulously crafted images, with each image representing an individual word. Prasanna joined Swaroopa Adyayana Kendra a year ago after completing his education at Rashtrothana Vidhyalaya in Shivamogga. Motivated by the goal of transforming the Sanskrit verses into a purely visual format, he embarked on this ambitious project. Over two-and-a-half months, he worked tirelessly, creating 1,400 lines of illustrations on hardboard sheets to bring the ‘Bhagavad Gita’ to life in a completely new way.

Subscribe to enjoy similar stories. Shomie Das, who was successively principal of three well-known boarding schools, Mayo College, Lawrence School, Sanawar, and The Doon School from 1969-95, had radically unconventional ideas about education, gleaned from German and Austrian educationists and the product of his own innate liberalism and innovativeness. His ideas about education have a relevance well beyond the three posh schools he headed because they were contrary to the priorities of Indian education, then and now.

book fair in the world. No one quite knows for sure, but some claim the fair began as early as in 1462, shortly after Johannes Gutenberg had printed the world's first book with movable metal type. We do know for certain though that at the beginning of the 17th c, a certain Herr Kepler was trying to sell his Rudolphinische Tabellen (Rudolphine Tables) at the fair, while Herr Galileo was publishing a monstrous advertisement for his Sidereus Nuncius (Starry Messenger). This year, Herr Dylan was in Frankfurt during the Buchmesse. He was puzzled at the preponderance of publishers in his hotel. 'At the hotel in Frankfurt there was a publishing convention and every room was taken, parties all night. I didn't know there were so many book publishers in the world. I was trying to find Crystal Lake Publishing… I thought they might be interested in some of my stories. Unfortunately, it was too crowded and I never did find them,' he posted on X.

money laundering case linked to alleged duping of plot buyers, noting that the Enforcement Directorate (ED) arrested him in a «brazen manner» in «disregard» of Delhi High Court orders, adding that the approach needed to be «deprecated». Special Judge Gaurav Gupta granted relief to Rajesh Katyal, who was accused of duping innocent plot buyers of their hard-earned money. The judge noted the submissions made by senior advocates Vikas Pahwa and Geeta Luthra, appearing for the accused, that Delhi High Court directed status quo in the FIR, based on which the ED lodged its case, by an order passed on July 30, 2024. «Since FIR forms part of the predicate offence (based on which the ED lodged the present case), the ED ought to have abided by the said order. However, in a brazen manner and in disregard of orders passed by a Constitutional court, the ED proceeded to arrest the accused.

Subscribe to enjoy similar stories. After producing Rocket Boys, the story of Homi Bhabha, Vikram Sarabhai and India’s science and nuclear programme, Nikkhil Advani grabbed the opportunity to helm an adaptation of Dominique Lapierre and Larry Collins’s book Freedom at Midnight. The SonyLiv series (streaming from 15 November) stars Sidhant Gupta as Jawaharlal Nehru, Chirag Vohra as Mahatma Gandhi, Rajendra Chawla as Sardar Vallabhbhai Patel and Arif Zakaria as Muhammad Ali Jinnah.

initial public offering (IPO) of NTPC Green will open for subscription on November 19. The issue closes on November 22. Through the public offer, the company plans to raise nearly Rs 10,000 crore. Here are 10 things to know about the NTPC Green IPO before subscribing to the issue.

Stephen Covey’s book, “The 7 Habits of Highly Effective People”, shows how important this strategy is. It says a jar (life/effort/mind) can be filled up using rocks (priorities) and sand (distractions). If you fill the jar up with sand first, there won’t be space to put in the rocks. But if you put the rocks in first, the jar would be filled with more meaningful stones; even if sand is poured in, it would only fill the empty spaces. This shows that one should choose the things that are important in life and not waste time on other distractions. The book provides a detailed framework on building such habits. The author speaks about being proactive by taking responsibility for actions and responses. From a career perspective, this could involve identifying the root causes of delays and streamlining processes and tasks instead of complaining.

Donald Trump announced Friday that Steven Cheung will serve as his White House communications director and Sergio Gor will run the personnel office. Both have been advisers to the president-elect since his 2016 campaign, Trump said. Both positions could be influential in the new administration, helping to develop its public messaging and internal workforce. Cheung led communications for Trump's latest campaign, where he gained a reputation for combative and insulting attacks on the Republican's opponents. A native of Sacramento, California, he worked in Republican politics and for the Ultimate Fighting Championship before joining Trump's team in 2016. Gor ran Winning Team Publishing, which he started with Donald Trump Jr. The company has published books by Trump and his allies. Gor also led the super PAC Right for America.

Subscribe to enjoy similar stories. Some time ago, I came across a podcast episode with US-based sound artist Brian House, who records everyday sounds that are beyond the range of human hearing and makes them audible for us. While he had been recording all sorts of sounds, what he was talking about in that podcast was rats.

Before Altman's brief exit, there were two competing visions of AI. One, where it was a tool like electricity, drastically improving productivity and bringing even more prosperity for humanity. The other was of a new kind of super-intelligence, which, if harnessed with maturity, could usher in a new era of world peace, universal income and societal good. OpenAI was set up to achieve the latter. After the Altman 'blip', it took a sharp turn towards the former.

King Charles will be replaced by a mystery in the Royal Family. King Charles may have a brief reign, according to a new interpretation of Nostradamus's prophecies, which also makes the shocking assertion that Prince Harry may succeed him. According to a shocking interpretation of Nostradamus's predictions, Prince Harry may succeed to the throne, potentially ending King Charles's reign. According to the Daily Star, a well-known authority on 16th-century astrologers, the split between Princess Diana and then-Prince Charles might cause such widespread disapproval that the new king would be forced to abdicate.

Subscribe to enjoy similar stories. Super Micro Computer’s stock has been in a tailspin since Ernst & Young dumped the company as an audit client about a year after it replaced Deloitte & Touche. If EY found something that Deloitte missed then the situation could get even trickier for the server maker that once seemed unstoppable.

N Chandrababu Naidu on Friday said that a debt of Rs 9.74 lakh crore borrowed under the erstwhile YSRCP government has been identified so far, and wondered if it could rise on further digging up the account books. Listing the components of the debt, the chief minister said it includes Rs 4.3 lakh crore state debt, Rs 80,914 crore Public Account Liabilities (PAL), Rs 2.47 lakh crore corporations debt, civil supplies debt of Rs 36,000 crore, power sector debt of Rs 34,267 crore, outstanding dues to vendors Rs 1.13 lakh crore, dues to employees Rs 21,980 crore, and non-contribution of syncing fund Rs 1,191 crore. «We don't know how much more debt will be found on digging further,» said Naidu in the Assembly.