FIVE Financial News

11.08 / 16:16
FIVE Career Google CEO Death President love Susan Wojcicki, former YouTube CEO and longtime Google executive, has died at 56
Susan Wojcicki, the former YouTube chief executive officer and longtime Google executive, has died
11.08 / 15:55
UPS FIVE wellness recommendations Interviews International GAIL chairman Sandeep Gupta wildcard for Indian Oil Corporation
Indian Oil Corporation (IOC), the nation's largest oil firm, sources said. While 10 out of the nearly 60 candidates who applied were called for interviews, GAIL chairman and managing director Sandeep Gupta is being considered a wildcard. Gupta had not applied but was called for the interview, three sources aware of the matter said. «They had invited 10 of the candidates who had applied. Gupta was the 11th person to be interviewed,» one of them said.
11.08 / 08:05
FIVE security Research Trade 2020 Courts Investigations SC should take note of allegations levelled by Hindenburg against SEBI chief: AAP
AAP on Sunday demanded that the Supreme Court take note of the allegations levelled by US short seller Hindenburg against SEBI chief Madhabi Puri Buch. Hindenburg Research has alleged that it suspects SEBI's unwillingness to act against Adani Group may be because Madhabi Puri had stakes in offshore funds linked to the conglomerate — an allegation that the SEBI head called «baseless» and an attempt of «character assassination». Addressing a press conference here, AAP Rajya Sabha MP Sanjay Singh said the SEBI had told a Supreme Court panel that the investigation into the Adani group was «directionless». «SEBI chief and her husband's money was invested in shell companies. Why were these facts hidden from the Supreme Court? The apex Court should take note of the new developments and how facts were hidden,» he said.
11.08 / 07:54
FIVE SUN awards tennis country Olympics China grab 300th Olympic gold medal with women's team victory in table tennis
China won the women's team event in table tennis at the Paris Games on Saturday for the country's 300th gold medal in Olympic history. China beat Japan 3-0 in the final for its fifth consecutive gold in the women's team event, a feat that the men had also achieved on Friday. «Each of us went all out today and played every position well,» No. 1-ranked Sun Yingsha said. South Korea took the bronze with a 3-0 win over Germany, its first medal in the team event since the Beijing Games in 2008.
11.08 / 05:12
FIVE Career Fighting Boxing Celebrity performer After coach's life was saved backstage, Uzbekistan dominate Olympic boxing
Uzbekistan's beloved head boxing coach was revived from apparent cardiac arrest by two members of Britain's training staff after celebrating his team's first gold medal of the Paris Olympics, his fighters confirmed. The Uzbek team went on to win five golds — more than any Olympic team in the last 20 years — in tribute to Tulkin Kilichev, who is recovering in a Paris hospital. "(Kilichev) is more than a coach or a father, in fact," Bakhodir Jalolov said after winning his second super heavyweight gold medal. «He has raised us. He educated us. He has transmitted the sports spirit to us. He has been with me in my heart, and tomorrow we will be going to visit him in the hospital.» Kilichev fell ill backstage after flyweight Hasanboy Dusmatov won Uzbekistan's first gold medal Thursday. According to GB Boxing, team doctor Harj Singh and physical therapist Robbie Lillis found Kilichev in life-threatening distress. They performed CPR on the coach, and Lillis also used a defibrillator, the team said.
10.08 / 18:30
markets Provident FIVE Manufacturing Align trends International Kai Group to invest 300 million yen to expand manufacturing facility in Rajasthan
Kai Group, a Japan-based personal care product and kitchen equipment maker, said it will invest 300 million yen (around Rs 17.17 crore) to expand production capacity of its manufacturing facility at Neemrana in Rajasthan. This latest investment is to increase the production capacity of women's razors by over 5 million units per year, according to a statement issued by the group's local subsidiary Kai India. «The group is planning an additional investment, allocated around 300 million yen, reflecting KAI group's commitment to bolstering its manufacturing infrastructure,» it said. The expected timeline for the completion of this expansion is five months, and the company expects the enhanced production capacity will be operational by the end of December 2024.
10.08 / 14:31
UPS FIVE Remark stage country rights Tourism sector could resolve 50% of India's employment challenges: Lemon Tree CMD
tourism sector has the potential to resolve 50 per cent of the country's employment challenges with the right government support, Lemon Tree Hotels Chairman and Managing Director Patanjali Govind Keswani said on Saturday. Delivering his address at the first National Conclave on India 2047, organised by IIM Calcutta, he said India's tourism sector is on the verge of hitting the inflexion point. Keswani pointed out that several countries have seen that the tourism sector contributes as much as 15-20 per cent to their GDP and account for 25 per cent of employment. Expressing disappointment over the government's approach towards the tourism sector, he said, «In India, tourism contributes only 6.5 per cent to GDP and a similar share in employment. This sector holds enormous potential for creating jobs.»
10.08 / 12:10
markets UPS FIVE folk reports testing Reports of a 'mortgage renewal cliff' have been greatly exaggerated
Few real estate stories have had more hype in the last year than the dreaded mortgage renewal shock, a.k.a. “mortgage renewal cliff,” “mortgage renewal wall,” or whatever other ominous-sounding metaphor commentators came up with.
10.08 / 11:41
UPS Target FIVE reports recommendations Sporting NBCC to launch new residential township in Kashmir near Srinagar: Plots and villas to be open to all. Here are more details
residential plots in a new satellite township in Srinagar. The government-owned NBCC announced on Friday that it will develop the greenfield township across 406 acres with an investment of Rs 15,000 crore over the next five years. The township will be located at Rakh Gund Aksha, just 8 km from Lal Chowk, a TOI report stated. The Srinagar township project will include residential plots, luxury villas, apartment complexes, commercial office spaces, an indoor sports center, and a 200-room five-star resort with modern facilities. NBCC has signed a Memorandum of Understanding (MoU) with the Srinagar Development Authority to implement the project. NBCC chairman K P Mahadevaswamy stated, “We will prepare the detailed project and the target is to complete the project in five years.”
10.08 / 10:05
FIVE Google CEO Platform community love social Susan Wojcicki's farewell message: What she told YouTubers
Wojcicki’s husband, Dennis Troper, shared the heartbreaking news on August 10th, expressing his profound grief. «My beloved wife of 26 years and mother to our five children left us today after two years of living with non-small cell lung cancer,» Troper wrote. «Susan was not just my best friend and partner in life, but a brilliant mind, a loving mother, and a dear friend to many. Her impact on our family and the world was immeasurable. We are heartbroken, but grateful for the time we had with her.»
10.08 / 09:06
UPS FIVE Digital show cover reports Motor insurance share falls below 30% as health premiums surge
motor insurance in non-life industry premiums has fallen below 30% for the first time, according to data released by the General Insurance Council as of June-end, reported TOI. The non-life industry wrote premiums totaling Rs 72,758 crore, marking a 13.3% increase from the previous year. Health insurance continues to lead the growth with a 16.6% increase in premiums, reaching Rs 29,915 crore, while motor insurance grew by 11.9% to Rs 21,348 crore. At the end of the quarter, health insurance accounted for 41.1% of the total non-life insurance premiums, whereas motor insurance's share decreased to 29.3%. The shift in share is attributed to a slowdown in car sales, with insurers pointing out that the focus of motor insurance is largely on new cars due to regulatory requirements. These rules mandate buyers to purchase three years of cover upfront for cars and five years for two-wheelers, influencing the dynamics of motor insurance premiums.
10.08 / 08:58
Citi FIVE BLOCK Discover WhatsApp Bill recommendations Something for your bucket list? 'Flying over Berlin' on Europe's highest swing
Berlin's newest tourist attraction, a swing on the top of a 40-storey tower block. Billed as the highest swing in Europe, the contraption on top of a hotel next to Berlin's famous TV tower is a novel way to take in the city — with a dose of adrenaline thrown in. Once strapped into a harness, customers are propelled forward so that when they are at the high point of the swing, there is nothing between them and the ground 120 metres (nearly 400 feet) below.
10.08 / 07:56
FIVE Action Apple blues reports Videos iPhone 16 said to launch in India on September 10: Price, display, colours, processor and all we know so far
iPhone 16. For starters, the tech giant is expected to switch to a vertical camera layout, similar to the iPhone X or iPhone 12, in favour of the diagonal layout of its predecessor.
10.08 / 06:06
FIVE security Golf performer wrestling freestyle India Paris Olympics Day 15 August 10 Full Schedule: Ritika Hooda in wrestling, Aditi Ashok & Diksha Dagar in golf. Events and Timings
Paris Olympics nears its conclusion, India's presence has dwindled to just two events. On Saturday, wrestler Reetika Hooda will compete in the Freestyle 76kg category while Aditi Ashok and Diksha Dagar will contest in the final round of women's golf. Meanwhile, Reetika Hooda is India's last chance for a seventh medal in women's 76kg wrestling. With the golf events not yielding favorable results on Friday, the focus shifts to Hooda. Golfers Aditi Ashok and Diksha Dagar both finished Round 2 with a 1-under par score. However, they will need exceptional performances in the remaining rounds to challenge the top contenders.
10.08 / 04:50
UPS FIVE security wrestling freestyle Reetika Hooda: Who's India’s final medal hope at Olympics 2024, competing in 76 kg weight category after moving up from 72 kg
Olympics 2024: Reetika Hooda is India's last hope for another wrestling medal at the Paris Olympics 2024. On Saturday, she will face Bernadett Nagy of Hungary in her opening round match at 2:30 p.m. Nagy is a two-time bronze medallist at the European Championships.
10.08 / 02:19
FIVE Reuters War reports Department US to lift ban on offensive weapons sales to Saudi Arabia
Biden administration has decided to lift a ban on U.S. sales of offensive weapons to Saudi Arabia, the State Department said on Friday, reversing a three-year-old policy to pressure the kingdom to wind down the Yemen war. The State Department was lifting its suspension on certain transfers of air-to-ground munitions to Saudi Arabia, a senior department official confirmed. «We will consider new transfers on a typical case-by-case basis consistent with the Conventional Arms Transfer Policy,» the official said. Reuters was first to report the decision earlier, citing five sources.
10.08 / 01:50
markets UPS FIVE Research Xiaomi country Xiaomi, Vivo, Realme and Oppo in high demand: Indians lapping up Chinese brands despite intense scrutiny
As per market trackers Counterpoint Research and IDC, four Chinese brands-Xiaomi, Vivo, Realme and Oppo-are ranked in the top five for smartphones. The only one not from that country is South Korea's Samsung. Industry executives estimate this will translate into combined sales of almost Rs 90,000-95,000 crore. China's Xiaomi was examined by Indian government agencies over alleged foreign exchange violations in 2022, which coincided with a large proportion of its top leadership changing. The company ceded its No. 1 spot in the December quarter of 2022 to Samsung, eventually sliding to fourth. But by the June quarter this year, Xiaomi was back at the top on the back of an aggressive expansion in offline retail. Vivo is another Chinese company that has faced investigations over allegations of tax violations and money laundering.
10.08 / 01:28
markets UPS FIVE Mobile pandemic show Bharat Mobility Show 2025: From Tata to BYD, auto giants line up for Delhi ramp; set to become world's biggest auto expo
Tata Motors to Maruti Suzuki, Japan's Toyota Motor Corporation (TMC) and China's BYD set to take the covers off a slew of vehicles, many in the electric vehicle segment, at the Bharat Mobility Show to be held in January next year. The number of vehicle makers who have confirmed attendance for the upcoming edition of the show is four times that seen in 2023, and highest-ever since the auto expo started in 1986. The participation is also significantly higher than that seen at the 'Big Five' — the five major auto shows held globally in Geneva, Munich, Detroit, Paris and Tokyo — where participation has been dwindling amid high costs and lower footfalls. While 13 carmakers participated at the Munich Auto Show in its latest edition, 20 showed up for the Geneva Motor Show held between Feb 26 and March 3 this year. The mobility shows in Paris and Tokyo saw participation from 11 and 22 vehicle makers, respectively. Around 13 automakers showcased 35 vehicle brands at the Detroit Auto Show last year.
10.08 / 01:10
UPS FIVE Aware economy President guidelines Centre gets into the Act to create desi 'Big Fours'
domestic accounting firms to merge and acquire scale. The government is of the view this will help create large domestic audit firms akin to the Big Four, people aware of the development said. The Ministry of Corporate Affairs (MCA) could outline some details as part of the new government's 100-day agenda, one of them said. The LLP law and the Companies Act could be amended in the winter session of Parliament, likely to be held in December, he added. The ministry is also engaged in talks with the Institute of Chartered Accountants of India (ICAI), which has decided to relax key provisions in its regulatory framework to facilitate the "aggregation of chartered accountant firms," the person said.
09.08 / 21:42
FIVE Election President show 2020 reports Donald Trump likely to lose in three battleground states. Know about these states and the political equation
swing states, the Republican candidate is losing ground in battleground states. The Cook Political Report has predicted that the former president would not win in Arizona, Georgia, and Nevada, reports the 'Independent'. It has moved these states from leaning Republican to “toss-ups.” Editor-in-chief Amy Walter wrote in the report on Thursday that Kamala Harris leads Trump by less than one point. He pointed out that Battleground state polls show similar results, the vice president is reducing the Republican's lead by two to five points.
09.08 / 13:33
markets Citi FIVE Pool country hospital reports Ayodhya, Indore, Kochi, Nagpur and 13 other cities are emerging as real estate hotspots in India; check full list here
To assess their real estate attractiveness and growth potential for the next five to six years, Colliers India has analysed over 100 emerging cities in its latest report, «Equitable Growth and Emerging Real Estate Hotspots.» From this pool of over 100 cities, 30 emerged as high-potential growth centres. Notably, 17 of these cities are expected to witness accelerated real estate development across three or more asset classes. The 17 emerging real estate hotspots are spread across the country. They are Amritsar, Ayodhya, Jaipur, Kanpur, Lucknow, and Varanasi in the North; Patna and Puri in the East; Dwarka, Nagpur, Shirdi, Surat in the West; and Coimbatore, Kochi, Tirupati, Visakhapatnam in the South and Indore, says Colliers India report.

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