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Taylor Morrison CEO Sheryl Palmer discusses the headwinds facing the housing market after a drop in August on existing home sales on 'The Claman Countdown.'

₹1,358 crore. Approximately 2.4 crore shares, equivalent to a 6.5 percent stake in the company, were transacted on the exchanges at an average price of ₹555 each. Notably, the floor price of the block deal was set at a discount of approximately 7 percent compared to the stock's closing price on Thursday, which stood at ₹595.15.

India vs South Africa, 1st Test match: After clinching the One Day International (ODI) series on Thursday, the next aim Team India has in mind is to create history by winning a Test series in South Africa. The selectors have carefully chosen the squad for the two Test matches beginning from Tuesday (26 December), but the plans might get disrupted as India's star Virat Kohli had to fly back home due to some emergency in his family. The BCCI sources claimed that Virat Kohli is expected to be back before the first Test match on 26 December, but didn't reveal much on the nature of the emergency.

Rario, a cricket-focused non-fungible tokens (NFTs) platform, reported an over ten-fold increase in losses to Rs 560 crore in the fiscal year ending March 2023, partly due to a write-off of intangible assets amounting to Rs 458 crore related to its NFTs. In FY22, the firm had incurred a loss of Rs 47 crore. Backed by real money gaming firm Dream Sports, Rario’s operating revenue grew to Rs 39 crore in FY23, compared to Rs 1 crore a year earlier, according to filings made by the firm’s holding entity Digital Collectibles based in Singapore.

Emmanuel Macron will be the Chief Guest come January 26 after the European country accepted India's invitation to be a part of India's Republic Day celebrations, becoming the sixth French leader to attend the event US President Joe Biden reportedly declined India's invitation to be the Republic Day chief guest, citing reasons believed to be influenced by the State of the Union address, his re-election bid, and Washington's increasing focus on the Hamas-Israel conflict. Ties between India and France have grown steadily in recent years. In July, Prime Minister Narendra Modi participated in the Bastille Day parade as the guest of honour during the French National Day celebrations.

Narendra Modi's call for a "wed in India" movement, the Union Tourism Ministry is gearing up to launch a new campaign, «India says I do», on a large scale for not only encouraging affluent Indian families to host weddings within the country but also to draw foreign couples to tie the knot on Indian soil, a TOI report stated. According to a report by KPMG, the Indian wedding market was estimated to generate Rs 3-4 lakh crore annually a few years ago, and the current figures are believed to be even higher. A considerable portion of this spending occurs during lavish destination weddings held abroad. Confederation of All India Traders (CAIT) had predicted a staggering expenditure of Rs 4.7 lakh crore on 38 lakh weddings during the period from November 23 to December 15, marking a 25 per cent increase from the previous year.

Pannun reportedly called himself the spokesperson of the Kashmir-Khalistan Referendum Front and said the recent ambush on Indian soldiers was a "consequence of India’s violence against Kashmiris". Three soldiers were killed and three other were injured after an Army vehicle was attacked by terrorists in the Poonch district of Jammu and Kashmir, news agency PTI had reported on Thursday. The report added that top Intelligence sources said Pannun’s declaration clarifies his association with designated terror groups of Pakistan who killed Indian soldiers.

SDGs) and SDG-related climate targets, including through multilateral institutions where India and Germany are members, such as the International Solar Alliance (ISA)," the two sides said in a joint declaration of intent released in May 2022. The two sides are also considering expanding their collaboration into Madagascar and Ethiopia, Dhanda told Mint.

all-new Creta was spotted testing in Shimla. This generates buzz among the SUV enthusiasts and reveals some of the alleged spotted Creta facelift. Reportedly, the new Hyundai Creta was spotted wrapped in black camouflage.

Japan said on Friday it would prepare to ship Patriot air defence missiles to the United States after revising its arms export guidelines earlier that day, in the pacifist nation's first major overhaul of such export curbs in nine years. The announcement comes as Japan, which had long adopted a stance of not allowing exports of deadly weapons, seeks to boost its defence industry amid an increasingly tense security environment in the Indo-Pacific. «This holds significant meaning in terms of further strengthening the Japan-U.S. alliance.

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The retail portion received consolidated bids of 2,396,000 share bids, while the non-institutional investors (NIIs) received 328,000 bids. The qualified institutional buyers (QIBs) were yet to open the account around 1 pm for this SME IPO issue.

ICICI Securities is bullish on the Indian markets and has a target of 24,200 for Nifty 50 in the calendar year 2024 driven by foreign fund inflows. “The Nifty has a tendency to extend the move towards mean+3 sigma levels after crossing life highs. Heavyweight stocks from BFSI, Auto, Cement and Healthcare should lead Nifty towards 24,200 levels in CY-24," said Pankaj Pandey, Head Research, ICICI Direct in a report.

COVID LIVE UPDATES A report by Moneycontrol mentioned that the Serum Institute of India (SII) currently offers a vaccine against the XBB1 variant of Covid-19, which is "similar" to the JN.1 variant. The spokesperson told the business website that SII would share the documents with the public once they are submitted to the regulators. Mint could not officially verify the report.

Multibagger penny stocks: Indian stock indices have given stellar returns in the 2023. However, this could possible because of the participatory rally witnessed across segment. Among key benchmark indices, Nifty 50 index surged to the tune of 17.15 per cent in YTD.

Toshakhana case. The bail of the former Prime Minister of Pakistan comes ahead of the Pakistan parliamentary election scheduled to be held on 8 February 2024. Prime Minister Imran Khan was sentenced to three years in prison and a fine of ₹100,000 by Additional District and Sessions Judge (ADSJ) Humayun Dilawar, after the judge found him guilty of graft in the Toshakhana case.

Mint had earlier reported that offline sellers of apparel, lifestyle and consumer goods, said shoppers at the mass end of the market spent sparingly this festive season. High inflation is prompting households to spend more conservatively, retailers said then.

Polycab India declined over 5 percent in intra-day deals on Friday following searches conducted by the Income Tax Department's investigation wing at nearly 50 locations connected to the company across the country. Reports indicate that residences and offices of top management associated with the cables and wire manufacturer were also subject to raids. The specific reasons behind the Income Tax Department's searches and the nature of the investigation remain unclear at this point.

Adani Wilmar, one of the largest edible oil and food processing capacities in India, rallied 5.2% to ₹369.70 apiece in today's trade. The positive momentum stemmed from reports that India will allow the import of edible oils at lower import tax rates until March 2025. "The lower import duty structure on crude palm oil, crude sunflower oil, and crude soy oil was originally set to expire in March 2024.

Flipkart on December 21 confirmed that parent company Walmart will infuse around $600 million in the Indian e-commerce firm, Reuters reported. This $600 million is a part of the total $1 billion fresh capital that Flipkart is aiming for, sources told the agency. Walmart is the largest shareholder in the Bengaluru-based start-up.

Royal Enfield is dedicatedly working on a whole new slew of motorbikes, there are possibilities that the company can use a new moniker for the new 350 cc bobber that the company is working on, as of for now. Reportedly, Royal Enfield is trying to bring back the time when there were a lot of Classic 350 in Goa with modded handlebars, fuel tanks and seats. It is likely that the company could feature this as heritage for the launch of its potentially upcoming project Classic Goan 350.