Booking Financial News

Gautam Adani is looking to start building ships at the group's flagship port at Mundra, also the country's largest, as yards in top nations such as China, South Korea and Japan are booked out until at least 2028, forcing global fleet owners to look at alternate manufacturing sites including India for new vessels. This fits in with India's ambitious bid to become a top 10 shipbuilder as per the Maritime India Vision 2030 and move into the top five by 2047 as detailed in the Maritime Amrit Kaal Vision. India is currently ranked 20th in the world commercial shipbuilding market with a marginal share of 0.05%. Indian-owned and flagged ships account for about 5% of the total overseas cargo-carrying requirements of the country. Adani's previously unreported shipbuilding scheme is tucked away in the ₹45,000 crore expansion plan for Mundra Port that received environmental and coastal regulation zone clearance recently, according to the minutes of the Expert Appraisal Committee (EAC) attached to the ministry of environment, forest and climate change, which approved the proposal May 15.

SBI Cards and Payment Services Ltd. traded 0.87 per cent down at Rs 715.25 on Monday at around 12:17PM (IST), while the benchmark BSE Sensex declined 203.09 points to 79793.51. As many as 9,663 shares changed hands on the counter with a total value of Rs 0.7 crore.

GAIL (India) Ltd. traded 0.45 per cent down at Rs 229.45 on Tuesday at around 11:41AM (IST), while the benchmark BSE Sensex advanced 293.8 points to 80254.18. As many as 1,171,790 shares changed hands on the counter with a total value of Rs 27.12 crore.

A woman named Minoo Vasudeva was duped of Rs 50 lakhs by two individuals who claimed to be the admins of a fan page dedicated to the ‘Ek Villain’ star. The two fraudsters named Aliza and Husna Parveen falsely claimed that the actor's life was in danger. The victim stated that these two told her that the actor's wife and his ‘Shershaah’ co-star Kiara Advani were blackmailing him and had forced him into a marriage with her. She further alleged that the accused had told her that Advani had performed black magic on Malhotra and had cheated on him with her co-stars.

Punjab police registered the first case under the newly-introduced «organised crime» sections of the Bhartiya Nyay Sanhita, 2023 which attracts maximum punishment of life imprisonment. The interstate organised crime syndicate was booked under Section 111 of BNS, 2023 and the kingpin of the gang and four members were arrested from a flat in Mohali's Kharar, Punjab Police said on Monday. Under Section 111 of BNS, «If such offence has resulted in the death of any person, be punishable with death or imprisonment for life without the benefit of parole and shall also be liable to fine which shall not be less than Rs 10 lakh.» According to the Punjab police, the syndicate kingpin was identified as Jai Sharma alias Sukha Pistol Ambarsarya of Prem Nagar in Amritsar. Director General of Police (DGP) Gaurav Yadav said the four members are Nikhil Sharma alias Lala of Sandhu Colony in Amritsar, Moni of Kot Khalsa in Amritsar, and Arpit Thakur and Karan Sharma of Bilaspur district in Himachal Pradesh. Sukha Pistol has seven cases pertaining to the Arms Act, snatching and theft registered against him, Yadav said. Police seized two .32 bore pistols, three magazines and eight live rounds from them.

If you struggle to do what it takes to make a business successful, then we have curated a list of the best business books in India. All of these books are mentioned in this article along with their summary. Go through the summaries, find the right book for yourself, and place your order using the given buying link.

₹1-2 crore a season – from established tournaments such as Legends League Cricket (LLC), which has now completed four seasons across formats. Gautam Gambhir, who was paid ₹2.8 crore in his last IPL season, received a ₹3.75 crore package from LLC. Irfan Pathan earned ₹50 lakh in his last IPL season and ₹1.65 crore in LLC.

Bank of Baroda (BoB) reported its total loan book grew by 8% year-on-year to ₹10.72 lakh crore in the first quarter ended June 2024, led by a 21% growth in retail loans. Total deposits increased 9% year-on-year to ₹13.06 lakh crore.

Compared with its economic peers, the United States lacks social safety net programs like sick time, vacation time and health care

Signature Global on Sunday reported a 3.5 times jump in sales bookings to Rs 3,120 crore for the April-June quarter on high demand for its housing projects. The company's sales bookings stood at Rs 820 crore in the year-ago period. According to a regulatory filing, Signature Global sold 968 units in the first quarter of this fiscal against 894 units in the corresponding period of the previous year. In terms of volume, its sales bookings more than doubled to 2.03 million square feet from 0.91 million square feet a year earlier.

Au Small Finance Bank Ltd. traded 1.35 per cent up at Rs 641.9 on Friday at around 10:55AM (IST), while the benchmark BSE Sensex advanced 531.48 points to 80428.82. As many as 8,023 shares changed hands on the counter with a total value of Rs 0.52 crore.

Invesco has reduced the fair value of fintech company Pine Labs and food delivery firm Swiggy in its books, according to its half-yearly shareholder report filed with the US Securities and Exchange Commission (SEC). As of April 30, Invesco valued Pine Labs at $3.5 billion, compared to $3.8 billion as of January 31, and $4.8 billion as of December 31, 2023.

Prateek Group, following accusations from 20 homebuyers of Prateek Edifice in Sector 107, Noida, ToI reported on July 1. According to the report (by Aditya Dev), the complaint alleges that the developers, including Prashant and Prateek Tiwari and senior managers Sunil Kumar Mittal and Anshuman Sharma, did a fraud involving over Rs 190 crore. As per the complainants, the 423 flats sold in Prateek Edifice were 10-12% smaller than what they had been charged for. They claimed construction was also done beyond the sanctioned plan without their consent. Rajeev Goyal, one of the complainants, told ToI, «The flats delivered to us were significantly smaller in size than what was promised to us. An architect was appointed to carry out a survey after we approached the National Consumer Disputes Redressal Commission (NCDRC) against the developer. They did not just give us smaller flats, but also carried out construction beyond the sanctioned plan without taking any consent from us.»

Dalit Kitchens of Marathwada, the English translation of his 2015 Marathi book, Anna He Apoorna Brahma. This is pertinent in the context of the regular debates that rage in the country about vegetarian and non-vegetarian dietary habits, notions of purity and ethics of food, and the idea of free will. Yet, while discussing the culture of food, we tend to ignore why certain communities eat the way they do—is it out of choice or compulsion? Patole writes that food habits and caste cannot be separated in Indian culture.

Indian Renewable Energy Development Agency (IREDA) rose 6% to the day’s high of Rs 202 on the BSE after the company reported significant growth of 382.62% and 67.61% on a year-on-year (YoY) basis in its sanctioned loans and loan disbursements, respectively. For the first quarter of FY25, the company recorded loan sanctions of Rs 9,136 crore, compared to Rs 1,893 crore in the corresponding quarter of the previous year. Meanwhile, loan disbursements for the quarter amounted to Rs 5,320 crore.

ICICI Prudential Life Insurance Company Ltd. gained 1.6 per cent to Rs 615.3 in Monday's session as of 12:17PM (IST) even as the equity benchmark Sensex traded 334.21 points higher at 79366.94. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 640.8 and a 52-week low of Rs 463.5 on NSE. Around 9370 shares changed hands on the counter till 12:17PM (IST).

The CNX 500 saw some participation but Mid-cap, Small-cap and other broad-based indices were muted. The recent participation was mainly due to Reliance, ICICI Bank and HDFC Bank. Hence, it was a concentrated move of the Nifty 50 Index that was adding to the recent surge.

Equity markets clocked gains for the third consecutive week, continuing their upward trajectory as Nifty made new highs. The index, however, came under pressure at higher levels due to some profit booking. «We expect this positive momentum to continue at a steady pace with stock-specific action. However, the release of economic data points next week would keep a little volatility in the market. Sector like Auto is expected to be in the limelight as OEMs would release their monthly auto Sales number,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Ali Novak, the author behind «My Life With the Walter Boys,» has confirmed that she is currently working on a sequel to the beloved novel. The upcoming book will explore the lives of Jackie and Cole, expanding on their stories within the Walter Boys franchise.

Heat (1995) gained fame because it was based on Alex Colville’s 1967 painting Pacific. Several shots in the Lars von Trier film Melancholia (2011) recreated works by artists like Pieter Bruegel the Elder and Sir John Everett Millais. Rolin Jones’ series Interview with the Vampire, based on Anne Rice’s eponymous 1976 Gothic horror novel, takes the engagement with classic art to a new level, with several shots from the series resembling baroque paintings.

Signature Global has reported Rs 2,700 crore sale from its project Titanium SPR, in Sector 71, Gurugram