FIVE Financial News
03.09 / 06:10
markets
IPO
FIVE
Manufacturing
Apple
Trade
reports
Premier Energies shares debut with 120% premium over issue price
Premier Energies' shares debuted on the exchanges with a 120% premium on Tuesday. The stock listed at Rs 990 on NSE and Rs 991 on BSE, compared to the offer price of Rs 450. Ahead of its debut, the company's shares traded at a premium of over 100% in the unlisted market.
03.09 / 05:03
UPS
FIVE
Reuters
Tesla
2020
reports
recommendations
Tesla plans six-seat Model Y, production slated for 2025 in China, sources say
Tesla plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with direct knowledge of the matter said, as the U.S. automaker strives to increase the appeal of its best-selling yet aging electric vehicle (EV). Tesla has asked suppliers to prepare accordingly for a double-digit increase of Model Y output at its Shanghai factory, said one of the people, who declined to be named as the plan is not public. Tesla did not immediately respond to a request for comment.
03.09 / 04:57
03.09 / 04:51
markets
UPS
FIVE
wellness
Trade
Interviews
A century old Raymond Group is planning 2 listings by end of 2025
Raymond Ltd. is looking to list its apparel and real estate units by the end of 2025 as the founders look to boost shareholder value. The group, which oversees a motley mix of businesses ranging from engineering, aerospace to fashion and realty, will have three listed entities by next year, after Raymond Lifestyle Ltd. starts trading in Mumbai on Thursday and the real estate unit gears up for a 2025 listing, Chairman Gautam Hari Singhania said in an interview.
03.09 / 03:08
markets
FIVE
WhatsApp
Trade
Cycling
rowing
Sensex, Nifty hit new highs but sentiment cautious
equity indices closed at fresh all-time highs on Monday, extending their recent record-breaking run but gains were modest as traders see risks to the market at these levels. Nifty gained 0.2%, or 42.8 points, from the previous day's close to close at 25,278. Sensex rose 194 points and closed at 82,559.
03.09 / 02:58
UPS
Target
FIVE
Pool
Align
country
Green power is all the rage; so why are some of them not finding buyers?
SJVN Ltd. According to one of the three people cited above, older renewable projects, largely solar, have found it harder to find buyers. "For the projects which have come up in the past one year, the agreements have largely been signed," the person said on the condition of anonymity.
03.09 / 02:50
markets
Target
FIVE
Sustainability
trends
Experts
recommendations
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy
Breaking stocks to buy or sell: Despite mixed trends in the Asian stock markets and a retreat in the European stock market from the record high, the Indian stock market extended its uptrend for the 13th straight session. The Nifty 50 index finished 37 points higher at the 25,273 mark, the BSE Sensex went up 194 points and closed at 82,559, while the Bank Nifty index ended 71 points upward at 51,422. Cash market volumes on the NSE were low at ₹1.11 lakh crore.
03.09 / 02:42
markets
FIVE
Digital
Apple
country
electronic
reports
India’s domestic consumer electronics market closes in on $100-bn valuation
₹98,924 crore in FY23. China’s electronics conglomerate BBK Group, which operates five gadget brands in the country, maintained steady revenue at ₹81,870 crore in FY23 despite sales volumes falling significantly. Apple India clocked ₹49,321 crore in revenue in FY23.
02.09 / 21:54
FIVE
Racing
Netflix
Celebrity
show
reports
Videos
Bridgerton season 3 on Netflix vs The Boys Season 4 on Prime Video vs House of the Dragon Season 2 on HBO Max: Who wins viewership race?
Netflix has defeated «The Boys» Season 4 on Prime Video and «House of the Dragon» Season 2 on HBO Max in the race for viewership. «The Boys» Season 4 and «House of the Dragon» Season 2 are hugely popular shows and have garnered five to ten billion minutes. However, 'Bridgerton' Season 3 has garnered 15 billion minutes, as per a report on Dexerto. Interestingly, all three shows have eight episodes.
02.09 / 21:37
02.09 / 20:32
markets
UPS
FIVE
Racing
Hyundai
country
Brezza races past Creta, tops sales charts in August
Maruti Suzuki's workhorse SUV Brezza raced past Hyundai Motor India's Creta to occupy the top slot on the sales chart last month. Maruti Suzuki sold 19,190 units of the Brezza in August, ahead of Hyundai's flagship SUV, Creta which sold around 16,760 units. While Creta slipped to the third spot in the best-selling list last month, Tata Motors' popular model Punch fell to the fifth position with sales of about 15,640 units.
02.09 / 19:51
02.09 / 15:14
02.09 / 14:09
COST
UPS
Provident
FIVE
Booking
travelers
bowling
Maybe you’re expecting too much from your Airbnb
What do travelers want from an Airbnb right now? Their hosts have an answer: too much. The number of short-term rentals on sites such as Airbnb and Vrbo hit a record high in July, according to AirDNA, a market-research firm. Hosts now have more competition for bookings, while guests have more options.
02.09 / 12:55
FIVE
security
Election
WhatsApp
Congress releases list of 6 candidates, fields party's J&K chief Tariq Hameed Karra from Central Shalteng
The Congress had announced its first list of nine candidates for the upcoming Jammu and Kashmir Assembly elections in a document signed by All India Congress Committee (AICC) General Secretary KC Venugopal on August 27. Prominent leader Ghulam Ahmad Mir will contest from Dooru, while Vikar Rasool Wani will run from Banihal. Peerzada Mohd Syed will stand for the Anantnag constituency, and Sheikh Riaz will contest the Doda seat.
02.09 / 12:24
UPS
FIVE
WhatsApp
India's coal production rises 6% in April-August
coal production rose by 6.48 per cent to 384.08 million tonne (MT) in the first five months of the ongoing fiscal. The production was 360.71 MT in April-August FY24. The figures for the period under review are provisional. The production of CIL, which accounts for over 80 per cent of the domestic coal output, rose to 290.39 MT during April-August FY25, marking a growth of 3.17 per cent year-on-year, the coal ministry said in a statement.
02.09 / 10:24
FIVE
Reuters
Manufacturing
trends
Trade
track
recommendations
Saudi Arabia may cut crude oil prices for Asia in October
oil exporter Saudi Arabia is expected to cut prices for most of the crude grades it sells to Asia in October after Middle East benchmark Dubai slumped last month, industry sources said on Monday. The October official selling price (OSP) for flagship Arab Light crude is expected to fall between 50 and 70 cents a barrel, three of five refining sources said in a Reuters survey, to track a similar trend for Dubai price spreads last month. Such a price cut would also reflect weak refining margins especially in China where sluggish manufacturing and property sectors are squeezing fuel demand, the sources said.
02.09 / 09:02
markets
FIVE
Booking
Manufacturing
Trade
performer
International
Nawab of Dalal Street buys NIIT. Which are the 4 other gems in his portfolio?
₹300 crore, as per current reports on shareholdings, he is often referred to as the ‘Nawab of Dalal Street.’ Damani is bullish on India and believes the next 20 years will be better than the previous 20 years, for both the country’s economy and stock markets. In a recent media interview, Damani said he is not a large-cap or small-cap investor, that he is agnostic to the market capitalisation of stocks. But he always wants to buy value.
02.09 / 04:57
FIVE
Booking
Sustainability
Trade
country
electronic
rights
Chakri Lokapriya on two auto stocks to bet on for near term
«Defence as a segment, whether you take any other country companies, Lockheed Martin in the US, etc, their order book despite being mature countries grow very fast. So, there is a trading positional investment opportunity in, let us say, Bharat Electronics or HAL, but valuations are still rich,» says Chakri Lokapriya, Managing Partner, RSB LLP. What the outlook is on some of these defence stocks, given the fact that they are a buzz in today's trade, what is it that catches your eye within the sector? Chakri Lokapriya: The defence stocks, as we know, have corrected in the last month or so. The outlook remains strong, as the order book for these companies is never in question for the next three to five years. What was in question is the valuation and the ability to sustain the momentum of the order book, which I think the second question is easier to answer, which is the order book momentum will continue. Defence as a segment, whether you take any other country companies, Lockheed Martin in the US, etc, their order book despite being mature countries grow very fast. So, there is a trading positional investment opportunity in, let us say, Bharat Electronics or HAL, but valuations are still rich.
02.09 / 03:02
markets
Target
FIVE
Trade
Experts
recommendations
rowing
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy
Breakout stocks to buy or sell: Following strong global markets, the Indian stock market ended higher for the twelfth straight session on Friday last week. The Nifty 50 index registered its best winning streak since its launch in 1996 by rising on the 12th day in a row. The 50-stock index finished 83 points higher at the 25,235 mark, the BSE Sensex shot up 231 points and closed at 82,365, whereas the Nifty Bank index ended 198 points higher at 51,351.
02.09 / 00:06
markets
UPS
FIVE
Coca-Cola
Food
wellness
reports
Dabur, Jubilant owners bid for stake in Coca-Cola's India bottling arm HCCB
Burman family of Dabur and promoters of Jubilant Group, the Bhartias, are separately closing in on a 40% stake in Hindustan Coca-Cola Beverages (HCCB) for Rs 10,800-12,000 crore ($1.3-1.4 billion), said executives aware of the development. This values Coca-Cola India’s wholly owned bottling subsidiary at Rs 27,000-30,000 crore ($3.21-3.61 billion). The two sides submitted bids over the weekend, said the people cited.
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