Performer Financial News

Signature Global, Gurgaon based real estate developer has reported Rs 3,120 crore pre sales in Q1 FY25 with year on year growth of 255%. More than 30% of the FY25 guidance of Rs 10,000 crore in pre-sales was achieved in Q1 FY25. The company has entered the premium housing market and launched two group housing projects in Gurugram, both receiving an overwhelming response, during the last two quarters. The company’s collections in Q1 FY25 grew by 102% to Rs 1,210 crore. Net debt reduced by 16% to Rs 980 crore at the end of Q1 FY25 in comparison to Rs 1,160 crore as at the end of FY24.

George Clooney, an actor and die-hard Democrat, recently wrote an opinion article in 'The New York Times' advising President Joe Biden to drop out of the 2024 Presidential Election. Renowned political activist Clooney expressed apprehension over Biden's latest debate performance and its consequences for the Democratic Party's chances in November, as per the reports of 'Yahoo News'.

This year's Rath Yatra will feature crucial rituals such as 'Nabajouban Darshan' and 'Netra Utsav' on Sunday. Typically, these rituals precede the Rath Yatra. 'Nabajouban Darshan' symbolizes the youthful appearance of the deities, who were secluded for 15 days in a ritual known as 'Anasara' (quarantine) following 'Snana Purnima'. Mythologically, the deities are said to fall ill after the excessive bathing ritual of 'Snana Purnima' and thus stay indoors. Before 'Nabajouban Darshan', priests perform 'Netra Utsav', where the deities' eyeballs are freshly painted. The Rath Yatra, also called the Chariot Festival, is considered to be as ancient as the Jagannath Temple itself. President Droupadi Murmu is expected to join the multitude of devotees witnessing the Rath Yatra on Sunday, for which the state government has arranged her visit meticulously. The Odisha government has implemented extensive measures to ensure the festival proceeds smoothly, even though it is usually organized within a single day. The chariots, stationed in front of the Lion's Gate of the Jagannath temple, will be transported to the Gundicha temple, where they will remain for a week. Devotees will pull the chariots on Sunday afternoon.

Mint analysis of data, sourced from primedatabase.com for 281 SME IPOs listed on NSE since 2021, revealed that around 43% of these small businesses saw healthy gains on the listing day, with their closing prices up to 40% higher than the offer prices. Around a quarter of these firms saw gains between 40% and 90%, and nearly 20% soared over 90%. A strong investor appetite fuelled these gians.

Metal major Vedanta reported a 36% year-on-year jump in alumina production at Lanjigarh refinery at 539 kt driven by new capacity, the company said today in a filing to the exchanges. In Q1FY24, the company had produced 395 kt. It was up by 11% on the quarter-on-quarter basis versus 484 kt in the March quarter.

Parag Parikh Flexi Cap Fund, the largest flexi cap fund based on assets managed, has reduced its stake in Reliance Industries, Bharat Heavy Electricals from its portfolio in June. On the other hand, it added more of ITC to its portfolio. The largest flexi cap fund sold around 12.33 lakh shares of Motilal Oswal Financial Services, 3.14 lakh shares of UTI AMC, 1.30 lakh shares of TCS and 92,750 shares of Hindustan Copper in June. The fund sold 78,750 shares of Bharat Heavy Electricals and 45,000 shares of IndusInd Bank from its June portfolio. The fund reduced its stake in Tech Mahindra and Reliance Industries by selling around 18,600 and 16,500 shares respectively in June.

India vs Zimbabwe Live Score, 2nd T20I: After suffering a shocking defeat at the hands of hosts Zimbabwe in the 1st T20 clash in Harare, Shubman Gill and Co. would be looking to stage a comeback in the 5-match series by winning the match today.

Persistent Systems (Persistent) today announced the intent to acquire 100% stake in US-based software firm Starfish Associates for $20.7 million (around Rs 173 crore). The acquisition is aimed to build on Persistent’s existing engineering capabilities in the Contact Center and Unified Communications space. The total purchase consideration payable for the acquisition of Starfish is $20.7 million with upfront payment of $15.4 million (approximately Rs 130 crore) to shareholders, subject to customary adjustments for working capital, debt and cash on closing, as per the regulatory filing by Persistent.

In the company's annual financial report for the year ending 31 March 2024, its NAV came in at £162.8m, down from £167.1m 12 months prior. This was despite the trust's NAV total return making a turnaround versus the 2023 period, bringing in 5% for its shareholders compared with a loss of 6% last year. Deep Dive: REIT sector focus matters even as sharp discounts abound Chair Mark Burton said that «considering this testing backdrop» the company's performance was a «testament to its value-focused strategy of investing in mispriced assets [..].which continues to be the beating heart of...

Diversification in the investment world is not limited to spreading your bets across asset classes and stocks but Sebi's investigation against Quant Mutual Fund in a front-running case is also a reminder of concentration risk in owning mutual funds from just one asset management company. We have seen returns of Axis Mutual Fund getting affected for some time after the front-running case it was embroiled in and now we have Quant's example. Investors whose portfolios have only Quant Mutual Fund schemes are now worried. The important question that comes is how important is diversifying across mutual fund companies for an investor?

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.

Yamal seemed to become the face of this Spain side heading into Euro 2024. For one it’s his youth, of course — a star at just 16. There’s also the potential for so many storylines, with his birthday the day before the final itself. And while Lamal has the headlines and the highlights, it’s his teammate on the opposite flank, Nico Williams, who has been growing into the tournament in seriously impressive fashion, enough so that he now looks perhaps the most important key to them getting past tough upcoming op-ponents, in pursuit of a third European Championship success in the space of just 16 years. Williams’ performance in the 4-1 win over Georgia speaks for itself: an assist for the equaliser, the third goal to make sure of the victory and — quite incredibly for a forward against such an aggressive and front-footed defence — not a single misplaced pass. Oh, and his birthday is one day be-fore Yamal’s, too.

Bixby Home, which personalizes the user's homepage with dynamic updates on weather, reminders, and news, and Bixby Vision, which provides detailed information about scanned objects. Despite these features, Bixby has faced challenges similar to other voice assistants, particularly in understanding contextual commands and executing complex tasks.

WASHINGTON—The White House once hoped the NATO summit that opens Tuesday would showcase President Biden’s leadership of the trans-Atlantic alliance and his differences with Donald Trump. Instead it has become a pivotal test of his fitness for a second term. A solid performance during the three-day gathering of North Atlantic Treaty Organization leaders could help shore up his candidacy, reminding voters of his support for the 75-year-old military partnership that his predecessor regularly attacked.

It’s time to confront an urgent question: Am I the leader I used to be? The risk of avoiding this question is playing out in Washington right now. And while the fate of the free world might not rest on the answer for most of us, the futures of our companies and co-workers just might. If an honest assessment reveals a lost step, it might mean making small adjustments such as cutting back hours.

defence stocks. A number of defence stocks, big as well as small, have been touching new highs in recent times. The defence euphoria in the market is fuelled by the government's resolve to indigenise defence production as well as boost defence exports. The defence sector has become a striking Make in India story. But behind this growth lies years of persistent efforts at the policy as well as execution levels.

The Biden administration is telling emergency room doctors they must perform emergency abortions when necessary to save a pregnant woman’s health

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policyholders. This profit is called underwriting profit. Note that Star Health is the only listed general insurance company that has made an underwriting profit every year since FY19, except in FY21 and FY22, largely owing to the covid-19 claims that consumed 94% and 87% of premium for the two years, respectively.

Reno12 Pro will showcase a quad-micro curved display protected by Corning Gorilla Glass Victus 2, while the base model will use Gorilla Glass 7i. Both versions will have a 6.7-inch FHD+ 120Hz AMOLED display capable of displaying 1.07 billion colors with 10-bit panels.