Wellness Financial News

Bajaj Finance Limited and Bajaj Finserv Limited, filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering last week on June 7. Bajaj Housing Finance is a non-deposit housing finance company that has been involved in mortgage lending from fiscal 2018.The public offering comprises a fresh share issuance at ₹4,000 crore.

equation between the Opposition INDIA bloc, which won nearly 230 seats, and the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA), which won over 290 seats, in the Lok Sabha Elections 2024.ALSO READ: Union Budget 2024 likely to be tabled in Parliament by third week of JulyUnlike the 2019 and 2014 Lok Sabha elections, this time, the ruling BJP failed to cross the majority mark (272 seats) in the 543-member Lok Sabha. Meanwhile, the Congress and its allies emerged stronger in comparison to the last two national elections.This makes it interesting to watch the upcoming Parliament session, where the Opposition is likely to raise a host of issues, while it won't be that easy for the Modi 3.0 government to pass laws.

Bank of Baroda gained 0.76 per cent to Rs 284.8 in Friday's trade as of 12:12PM (IST). It hit a high of Rs 285.15 and low of Rs 281.8 during the session. The stock quoted a 52-week high price of Rs 298.45 and a low of Rs 182.65. The return on equity for the stock stood at 14.18 per cent. About 450,483 shares have changed hands on the counter so far.

Chevron Corp., Shell Plc, BP Plc, TotalEnergies Se, ConocoPhillips and Eni SpA? How about Tongwei Co., GCL Technology Holdings Ltd., Xinte Energy Co., Longi Green Energy Technology Co., Trina Solar Co., JA Solar Technology Co., and Jinko Solar Co.? If the former names are familiar giants and the latter obscure, you might want to rethink how you look at the companies that provide the world with energy. On a reasonable accounting of things, the latter are just as significant — if not more so — than the powerhouses of petroleum.

BJP and the Ajit Pawar-led NCP on Thursday indulged in a verbal duel over an article in Organiser, a weekly known to be close to the RSS. The article had criticised the BJP for forming an alliance with the NCP. Speaking to reporters, NCP leader and state minister Chhagan Bhujbal said, «To some extent, it (article) may be true. Some have also criticised the BJP for including leaders from the Congress, such as former chief minister Ashok Chavan. Even former Congress leader Milind Deora was inducted by CM Eknath Shinde's Shiv Sena and made an RS member.» «But who will talk about the result in Uttar Pradesh, where the BJP's seats decreased? What about other states where they lost some seats?» he asked. Later, NCP leader and Rajya Sabha MP Praful Patel said, «An article in a weekly does not reflect the BJP's stance. It should not be interpreted in that manner.»

European Championship kicks off Friday, what can we expect? An outsider victory? A Kylian Mbappé-inspired French romp? England out in the group stages? Whatever we get, there will be drama. Here, six of The Athletic's writers give their predictions: Who will win the tournament?

Vodafone Idea, billionaire banker Uday Kotak on Friday questioned the debt-ridden telecom operator's decision to settle dues of two European equipment vendors — Nokia and Ericsson — by issuing preferential shares. He indirectly compared the deal with the age-old proverb «robbing Peter to pay Paul». «Financial markets create money out of thin air? A model for companies in financial difficulty: issue equity to creditors to repay their debt. If the stock is well traded, the creditor can sell in the market and get paid by investors. What is that story about Peter and Paul?,» Kotak said on social media platform X without naming Vodafone Idea.

₹10,422 crore. Ambuja Cements shares rallied as much as 3.86% to a fresh high of ₹690.00 apiece on the BSE.

The U.S. says the Iranian-backed Houthis launched two anti-ship cruise missiles and struck a commercial ship in the Gulf of Aden off Yemen, setting it on fire and severely injuring one civilian mariner

Oil prices fell on Friday but were on track for their first weekly gain in four weeks as markets assessed the impact of higher-for-longer U.S. interest rates versus solid outlooks for crude and fuel demand this year. Brent crude futures were down 72 cents, or 0.87%, to $82.04 a barrel at 0100 GMT. West Texas Intermediate (WTI) U.S. crude futures lost 79 cents, or 1%, to trade at $77.84 a barrel, reversing small gains in the previous session.

«At every higher level, there will be a bit of consolidation for some time and then again it will reach a new level. So, this year we will see a secular upward movement with in between consolidations at different higher levels,» says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital. After all that flux that the markets went through all through the election week, we have already seen consolidation play out, but do you think it is going to continue for some more time? Absolutely. I think, look, while we are consolidating, we are consolidating at an elevated level and I think this is the trend which we will keep watching. The next big trigger will be, of course, the union budget, which is coming up sometimes within the next 15 to 20 days, maybe. The next thing important, of course, which the market will keep monitoring is the progress of monsoon.

"ABB and Siemens have done extraordinarily well. They have delivered extraordinary results over the last few quarters and as such is reflected in the stock prices. So, these two and Thermax, etc, I think they are very excessively valued. So, the outlook might be good but then the valuations are very excessive here," says Sandip Sabharwal, asksandipsabharwal.com. Just wanted to revisit your thoughts on FMCG because you were constructive on some of these plays, like a Dabur for instance. Would you say deploy these kind of dips to perhaps add more positions? If reasonable dips come, one should, because the stock moved from 500 to straight 620, 630, so it is a 25% plus kind of move. Stocks, they normally do not move 25% so fast and these are typically stocks where you would be looking at mid-double digit or those kind of returns, like these are not stocks which are going to give you 50%, 100% kind of return.

Garibi hatao". Or match up to the machismo of “Ab ki baar 400 paar". Yet somehow the Constitution became the dark horse of the election.

Offsites may never be the same again. Corporates across sectors such as banking, auto and insurance have loosened their purse strings for top performers, partners and distributors this season and are rewarding them with unique travel experiences, luxury watches and bags as well as catch-ups with Bollywood celebrities and other rewards. Travel, including trips with families, figures high on the rewards and incentives list.

A recent study by the Employee Benefit Research Institute, published right after Asian American and Pacific Islander Heritage Month in May, sheds fresh insight into the financial position of the AAPI community in the US.

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aperture door installed in an expensive space telescope is currently jammed, giving scientists and observers at NASA and Japan Aerospace Exploration Agency (JAXA) research centers, a bulk-load of trouble.

garlic to get relief from acne has gone viral on TikTok, reports 'USA Today'. The netizens have taken it seriously and thousands of people have started eating garlic cloves, without consulting a doctor. Though garlic is healthy, dermatologists have warned that they have no evidence to suggest that it can help with acne. They have advised these netizens to consult a dermatologist instead and make improvements to their health and diet overall. Talking to the news outlet, dermatologist Dr. Brooke Jeffy said that eating garlic can't hurt anyone, other than giving some really bad breath. He said further that there are many tried-and-true ways to treat acne. He further said that some good nutritional dietary things are rooted in science that do not apply to this garlic trend.

search operations continued on Thursday at many locations around the Jammu division. During the investigation, more than 50 persons were taken into custody. According to J&K police commissioner RR Swain, the forces are mapping their resources to give befitting response to foreign militants operating in the region. Since June 9 evening, the Jammu division has experienced four militancy-related events in three districts: Reasi, Kathua, and Doda, killing nine civilians and one CRPF personnel and injuring 34 civilians. «War has been foisted on us, and we are mapping our resources to respond appropriately to this challenge, which we had ovecome previously. Swain told reporters in Jammu, „We may have to bear some minor losses.“ He went on to say that the foreign militants have no family or stake in the country, making them look capable of causing more harm.

real estate but didn’t have those big bucks? You can still invest with little money in the sector. The sector provides steady income and high returns in many cases. The demand for housing is high and many cities in the world are facing a housing crisis. This gives an opportunity to the investors to gain immensely even with small amounts of investments. There are many ways to invest with small amounts of capital in the sector. Some of these methods include investing in Real Estate Investment Trusts (REITs), House Hacking and even crowd funding certain investments.

Wells Fargo & Co. fired more than a dozen employees last month after investigating claims that they were faking work.