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«So, from valuation standpoint, things do look to be very favourable. But I think Q1 performance is going to be quite muted for FY25 because we have not seen any large ticket films doing well. IPL, World Cup, elections, all these things have been a dampener as far as Q1 occupancy is concerned. Q2 obviously will be better versus Q1. But I think Q3 will be the quarter to watch out for because a lot of the large releases have been pushed to Q3,» says Karan Taurani, Senior VP, Elara Securities. Talk to us about the latest release which has been there, Kalki, and we have been seeing the trailers and all of that, it looks very-very impressive. I am sure you have managed to watch it already. Tell us your feedback and what kind of estimates you have on the box office collections. Karan Taurani: Have not watched it this time around. I am not a regional movie buff. So, I have not caught up on this one. So, I think in terms of box office, broadly, I think the numbers are going to be very good as far as opening is concerned. It is one of its kind. I think this movie is a perfect blend of star power, content which is mythologically content in nature and also the VFX.

Going by the Reserve Bank of India’s (RBI) latest Financial Stability Report released on Thursday, banks are nice and stable. Bad loans as a proportion of overall loans are at multi-year lows, with their gross ratio standing at 2.8% in March 2024, which could decline further to 2.5% by March next. Their capital buffers have been well over regulatory minimums, and tests show they would be adequate in stress scenarios.

India vs England Semi-finals Highlights: India to play finals with South Africa on 29 June|In the video circulating on social media, a visibly emotional Rohit can be seen sitting on a chair in what appears to be outside the Indian dressing room as many Indian players including Virat Kohli, Kuldeep Yadav and Arshdeep Singh walk past him.In Thursday's clash, England won the toss and asked the Men in Blue to bat first in Guyana. During the first innings, India were under pressure as they lost the wicket of opener Virat Kohli in just the third over of the match, followed by the departure of Rishabh Pant during the powerplay.Suryakumar Yadav and Rohit Sharma then put on a 73-run partnership to take India past the danger line and past the 100-run mark.

banks are well capitalised and capable of absorbing macroeconomic shocks, with lenders likely to report higher-than-required capital ratios even under the most severe stress scenarios, the Reserve Bank of India (RBI) said. «Under the baseline scenario, the aggregate CRAR (capital to risk weighted asset ratio) of 46 major banks is projected to slip from 16.7% in March 2024 to 16.1% by March 2025,» the RBI said in its June 2024 Financial Stability Report.

electric vehicles, will go up substantially as the world shifts to cleaner energy sources to mitigate climate change, according to Hindustan Copper Chairman and Managing Director Ghanshyam Sharma. By transitioning from fossil fuels to renewable energy sources like solar, wind, hydro, and geothermal, greenhouse gas emissions can be reduced significantly. «As the world transitions to cleaner energy sources...the demand for copper will increase significantly as a vital component in electric vehicles and renewable energy technologies such as solar panels, wind turbines etc,» the CMD said in a recent message on the company's website. He further said the company has been given the charge of utilisation of the nation's copper resources in an efficient and sustainable way.

Trai) to recommend the terms and conditions for the authorisation mechanism to be followed to regulate the industry, as it looks to abolish the licensing regime. The Department of Telecommunications has asked Trai to share its recommendations preferably in 60 days as it looks to act swiftly on the matter, said officials. «Trai met the telecom operators and internet service providers today (Thursday) to seek their inputs on the authorisation structure. The players can provide their comments by early next week, following which Trai will issue a consultation paper,» an official told ET on condition of anonymity.

₹267 apiece, bringing the total deal value to approximately ₹1,885 crore.The promoter group holds a 28.42 per cent stake in India Cements, while renowned investor Radhakishan Damani and his associates own 20.78 per cent of the company's shares.UltraTech added that the expected timeframe for completing the acquisition is one month. The company also noted that the acquisition will be an all-cash transaction.According to Tushar Chaudhari, Research Analyst, Prabhudas Lilladher, competition is expected to increase in the market.

One of the benefits often cited by small-business owners is the ability to write off various expenses for tax purposes. The misconception about what can be legitimately written off brings to mind one of my favourite Seinfeld episodes, The Package, in which Kramer convinces Jerry to say his stereo was broken during shipping to collect a $400 insurance payment from the post office.

The recently created team will work with entrepreneurial multi-family offices, independent advisers and wealth managers, providing a platform for order management, as well as the option to book in the UK, a streamlined account opening process and a range of products from complex alternatives to wealth planning. Ian Wright, EFG UK's head of the independent asset managers, will lead the IAM team. Wright has 25 years of experience in the financial services industry, having joined EFG in March 2023 as IAM lead for the UK. EFG AM's Joaquin Thul: UK economic outlook in a changing policy env...

Vodafone Idea (Vi), which is set to embark on a mega expansion plan for 4G network and roll out 5G services, has completed trials using Samsung's virtualised RAN (vRAN) technology. Experts say the technology is expected to bring substantial cost savings to the telco as compared to legacy hardware infrastructure. ET explains what vRAN is, the type of network optimisation it can bring and what it means for Vi's vendor ecosystem. What is vRAN?

HT quoted Hussain's column for DailyMail.According to him, India have not been tested that much in the tournament."Their challenge will be to stay in the game for as long as possible, because India have only been tested once so far in this World Cup, by Pakistan. They may also have to adapt to conditions, and decide that going for hell for leather isn’t the way to play," he wrote.Hussain noted England are a better side when it comes to honing their approach to win trophies."Don’t forget that they’ve been honing (England) their approach for a long time, while India have only belatedly decided to hit out at the top.

MUMBAI : PVR Inox Ltd’s shares are languishing even as the broader stock markets are in a good mood. So far in 2024, the shares have fallen by 11% compared to 16% gain in the Nifty 500 index. The immediate worry is that the June quarter (Q1FY25) is likely to be another dull one for the multiplex company.

Amazon.com is stepping up its use of generative artificial intelligence throughout its finance teams, as many companies look for ways to effectively move from testing and experimenting with the technology to prime time. The e-commerce giant initially adopted rules-based systems, one of the earliest forms of AI that use a set of rules to solve problems and make decisions, in its finance organization, which it then augmented with machine learning.

Vodafone Idea and Reliance Jio bought spectrum worth ₹11,340 crore in the just-concluded spectrum sale, which will be paid to the government in 20 annual instalments. The first instalment is likely to be in the range of ₹500-570 crore for all three carriers combined. The selective and strategic purchases indicate a focus on monetizing existing investments into spectrum before spending on additional capex.

new Galaxy Z series by making a token payment of ₹2000. This initiative is available through multiple channels, including Samsung's official website, exclusive stores, major online retailers like Amazon.in and Flipkart.com, as well as various leading retail outlets across India.

Calgary’s mayor says if everything goes according to plan, the city’s water conservation crisis could be over by Canada Day.Mayor Jyoti Gondek says water service could be fully restored and restrictions lifted by July 1 if upcoming steps to stabilize a replacement water pipe go as planned.“If there are any problems in any of those steps … it could be more days,” Gondek told a news conference Wednesday.“We can see the finish line. It’s close, but we still have more work to do.”Gondek said until the “all clear” is given, Calgarians can’t lose focus and need to reduce their water use by 25 per cent to avoid the taps going dry.She said daily water usage has been climbing in recent days but remains below the threshold of 480 million litres needed to keep service going and provide firefighters with the resources to combat emergencies.Calgary, a city of 1.6 million people, and surrounding communities, including Airdrie, Chestermere and Tsuut’ina Nation, have been under a combination of mandatory and voluntary water restrictions since a water main burst in the city’s northwest three weeks ago.Residents have been asked to limit indoor water use by flushing their toilets less often and doing fewer loads of laundry.

₹2,000 per person and settle down around the ₹4,000 mark, they are routinely sold out. “The audience in Bengaluru is super-attentive, engaged and constantly surprises us," says Avinandan Kundu of Sienna, Kolkata, which has hosted one pop-up at The Conservatory earlier this year and will be doing one in July as well, bringing the “whole Sienna experience" with pottery, workshops and textiles from its Kolkata cafe.

₹8-10 crore per show, according to industry estimates. Some top-tier names are aware of their standing and might choose to stay firm on the pricing front, but since platforms have a high degree of control over original content, they can manage more favourable rates. “Artistes may demand more, but they would need platforms as much as the platform would need them," Mahajan said.

demat accounts will be done today, Thursday, June 27. In addition, the process of refunding shares to individuals who have not yet received them will be completed today.On Tuesday, June 25 the final day of subscriptions, the luxury furniture firm Stanley Lifestyles' initial public offering (IPO) received 96.98 subscriptions, as per BSE data.

India slips 10 spots since 2019 on WEF’s travel & tourism ranking despite growth However, it is a very employment-intensive sector. The 2022-23 Periodic Labour Force Survey (PLFS) indicates that its share in employment is 5.5%: i.e., more than five times its share in GDP. Also, tourism has strong linkages with allied sectors in terms of both output and employment.

CHICAGO—Tech entrepreneur Rishi Shah was sentenced to seven-and-a-half years in prison Wednesday for his part in what prosecutors called a billion-dollar fraud scheme centered on video advertisements in doctors’ offices. Federal Judge Thomas Durkin said Shah, former chief executive and co-founder of startup Outcome Health, had undermined the integrity of the markets. “The only deterrence to white-collar crime or any kind of crime is jail," he said.