FIVE Financial News

15.07 / 20:15
FIVE awards Hudson show stage Features Smash: Check out where to watch NBC's musical drama series and more
Smash," NBC's musical drama series, is now streaming on Peacock. The show features Katharine McPhee and Megan Hilty. The series explores the world of Broadway theater.
15.07 / 19:41
Target FIVE Strategy Trade country Traffic International Adani upbeat on its India ports biz, expects volumes to double in 5 years
Adani Group expects its ports business to grow at a robust pace, with the Indian operations expected to double by volume in five years, said a senior company executive. Speaking to ET, Karan Adani, managing director of Adani Ports and SEZ (APSEZ) said the aim is to transform India's leading port operator into a global ports hub by boosting the share of international traffic. The ports business currently gets about 5% of its total volume from international operations, which it is aiming to double by 2030, said Adani. The ports business has been seeing exponential growth in the past few years, and Adani expects the trajectory to continue. «Currently, the split between our ports and logistics segment is 70:30, and we expect the same to continue because while our logistics segment is growing, so is our ports segment, and that too at a much faster pace,» he said. Revenue from the ports segment grew to Rs 20,972 crore in FY24, from Rs 17,304 crore in the previous year. On the other hand, revenue from the logistics segment grew to Rs 2,079 crore from Rs 1,744 crore in the same period.
15.07 / 18:58
FIVE community President DAL Akal Takht jathedar summons Sukhbir Badal, seeks explanation on rebel leaders' allegations
Akal Takht Jathedar Giani Raghbir Singh on Monday asked SAD chief Sukhbir Singh Badal to appear in person before the Akal Takht to submit a written explanation on rebel leaders' accusations that «he did not represent the sentiments of the panth». The rebel Shiromani Akali Dal (SAD) leaders had appeared before the jathedar of the Akal Takht on July 1 and apologised for the «mistakes» committed when their party was in power in the state between 2007 and 2017. The jathedar has asked Badal to give an explanation within 15 days. Besides, a clarification has also been sought from the Shiromani Gurdwara Parbandhak Committee (SGPC) regarding the allegations levelled by some Akali leaders on spending Rs 90 lakh on advertisements.
15.07 / 17:40
UPS FIVE security awards Equality International England loses out on Euro trophy, Harry Kane wins Golden Boot instead, although shared with five others, here's why
Euro Cup 2024 has seen some interesting rules set by UEFA before the start of the championship earlier. As a result, once the prestigious tournament ended, England's Harry Kane ended up sharing his Golden Boot trophy with five other players who were also the top goal scorers in the entire tournament. This was rather due to a bizarre rule set by UEFA that suggests the highest goal scorers across the tournament will receive the Golden Boot, and if there are more than one player in this list, they will be sharing this award.
15.07 / 13:42
UPS FIVE track country Germany shuts one of its busiest rail routes for 5 months, launching drive to improve reliability
One of the busiest railway lines in Germany, the 70-kilometer stretch between Frankfurt and Mannheim, is closing for five months starting as the country launches an effort to get its notoriously disruption-prone network into shape
15.07 / 11:43
markets FIVE CEO WhatsApp country Ashok Leyland wins order worth Rs 981.45 crore from Maharashtra State Transport Corp
Ashok Leyland, the Hinduja group flagship has bagged an order for 2104 Viking passenger buses worth Rs981.45 crore from the Maharashtra State Road Transport Corporation (MSRTC), the company said in a statement. The company will execute the order—the single largest one from the state corporation for supply of BSVI OBD II (on board diagnostic) compliant fully built passenger buses from August 2024 to August 2025. This will further contribute to strengthening Ashok Leyland's dominant position in the bus segment, it said. MSRTC is one of the largest state transport undertakings in the country with over 15,000 buses. With this order, Ashok Leyland buses will dominate its fleet.
15.07 / 11:05
FIVE Align Food Cycling Schools Swiggy announces fifth Esop plan worth $65 million
Swiggy on Monday said it will buy back employee stock ownership plans (Esops) worth $65 million across levels, in what would be its fifth such exercise. So far, the company has cumulatively enabled over Rs 1,000 crore of Esops liquidity over the five events, benefiting more than 3,200 employees.
15.07 / 10:37
FIVE economy Election country information rights Updates Five steps for India’s new government to get its data act together
A newly elected government affords India an opportunity to re-examine and update a fundamental building block for its fast-developing economy: its data and statistical system. A transparent, robust and credible data system is important for any country because it provides critical inputs to policymakers, investors, political parties, researchers and the media to conduct and critically evaluate progress. The more dependable and credible the system is, the greater the efficacy of policy and trust in potential outcomes.
15.07 / 09:55
UPS FIVE awards guidelines Updates International US tweaks immigration rules to attract more foreign startup founders
United States has tweaked the International Entrepreneur Rule in a bid to attract more foreign entrepreneurs. Under the updated guidelines, foreign entrepreneurs can now potentially stay in the US for up to five years, contingent upon their venture's public benefit. Initially granted for two-and-a-half years, extensions may be granted based on criteria like funding milestones and job creation. The International Entrepreneur Rule (IER), administered by the Department of Homeland Security (DHS), lets noncitizen entrepreneurs apply for authorized stay in the United States, known as «parole,» based on demonstrating significant public benefit through their business ventures. This allows them to work exclusively for their startup. Eligibility extends to the entrepreneur's spouse, but not their children, who may also be paroled.
15.07 / 09:53
FIVE Sustainability WhatsApp Hindustan Zinc contributes Rs 13,195 cr to exchequer in FY24
Vedanta group firm Hindustan Zinc Ltd (HZL) on Monday said it has contributed Rs 13,195 crore to the exchequer in the last financial year, representing about 46 per cent of its total revenues. In FY 2023-24, Hindustan Zinc's total contribution to the exchequer stood at Rs 13,195 crores, the Vedanta group firm said in a regulatory filing. With this, HZL's cumulative contribution to the exchequer over the past five years stood at Rs 77,803 crore. «As our businesses grow, so will these numbers. At Hindustan Zinc, we are committed to continuing to do business with a purpose in a manner that is sustainable, transparent and creates value for all our stakeholders,» Hindustan Zinc Chairperson Priya Agarwal Hebbar said.
15.07 / 07:11
markets COST FIVE Manufacturing wellness country reports Sany India looks to increase exports, double production levels by 2025
Mint. “Besides the domestic market, we are also looking at exports to the Middle East, Asia, Africa, Europe and the U.S. These exports contributed to 14% of our revenues in FY24 from 4% a year earlier," Sany’s managing director Deepak Garg said.
15.07 / 01:47
Target FIVE performer track recommendations rights Profiles Is it possible to save Rs 1.35 crore in 5 years?
invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. Suthaharan M. is targeting a corpus of Rs.1.35 crore in five years. Here’s what the doctor has advised him. PORTFOLIO CHECK-UP
14.07 / 19:31
UPS FIVE Manufacturing Research country Pharmaceuticals Pharma industry seeks relief from price cap rule for cheap drugs
pharmaceutical industry has sought exemption from the government on fixation of ceiling prices for all low-priced formulations or those that are priced at up to ₹5 per unit. At a meeting last week, the Federation of Pharma Entrepreneurs (FoPE) lobby group also asked for the exemption of patented drugs from price control for 10 years instead of the existing five. According to FoPE, in the absence of a 10-year exemption, many companies are conducting research outside the country. «All formulations sold at ₹5 per unit i.e. per tablet, capsule, ml, gm may be exempted from provisions of ceiling price,» FOPE said in its presentation to the secretary, department of pharmaceuticals (DoP). «The industry has been asking for this exemption for a long time. It would be desirable to allow...small manufacturing units to be kept outside the Drug Price Control Order (DPCO) provisions,» said a person in the know. Earlier, the Indian Pharmaceutical Alliance (IPA), which represents the country's biggest drug manufacturing companies, along with other lobby groups had asked for exemptions from price ceiling regulations for low-priced formulations. The National Pharmaceutical Pricing Authority (NPPA) fixes the ceiling price of essential Schedule I drugs under the DPCO.
14.07 / 16:34
Blockchain Dash FIVE Court Tornado Cash reports Courts dutch Dutch Court Denies Bail for Tornado Cash Developer Alexey Pertsev Amid Ongoing Appeal
Alexey Pertsev, the Tornado Cash developer recently sentenced to five years and four months in prison on money laundering charges by a Dutch court, faces continued detention.
14.07 / 16:24
COST FIVE Aviat WhatsApp International Pune airport's new airport becomes operational with inaugural flights to Delhi, Bhubaneswar
new terminal of Pune international airport was operationalised on Sunday with passengers boarding flights to New Delhi and Odisha capital Bhubaneswar, an official said. Union Minister of State for Civil Aviation and local MP Murlidhar Mohol handed over the first boarding pass to a flyer to mark the occasion. The new terminal was e-inaugurated along with several other airport projects nationwide by Prime Minister Narendra Modi from an event in Azamgarh in Uttar Pradesh on March 10 this year.
14.07 / 16:18
UPS FIVE Man Courts rights rowing Carlos Alcaraz beats Novak Djokovic in straight sets to claim back-to-back Wimbledon titles
Carlos Alcaraz defeated Novak Djokovic 6-2, 6-2, 7-6 (4) in the Wimbledon men’s final Sunday to collect his fourth Grand Slam title at age 21. It was a rematch of last year’s championship match on the grass of the All England Club, which Alcaraz won in five sets. This one — played in front of a Centre Court crowd that included Kate, the Princess of Wales, in a rare public appearance since announcing she has cancer — was much easier for Alcaraz, at least until he stumbled while holding three match points as he served for the victory at 5-4 in the third set.
14.07 / 15:11
FIVE WhatsApp country Courts Arvind Kejriwal's health condition 'worrying': AAP
Delhi Chief Minister Arvind Kejriwal's health in judicial custody. Addressing a press conference here, Delhi cabinet minister Atishi said Kejriwal, who is a severe diabetic, has had his sugar levels falling dangerously low. «The BJP has conspired to put Kejriwal in jail in a fake case. There is an acute danger to his health. His weight has declined by 8.5 kgs and his sugar levels have fallen below 50 five times in sleep. This is a worrying situation especially for a diabetic,» she said. «If Kejriwal suffers a stroke, if there is brain damage and permanent damage, who will be responsible,» she said, claiming the AAP chief is unable to get proper medical attention as he is in jail.
14.07 / 10:27
FIVE WhatsApp Five associates of Canada-based terrorist Landa held: Punjab Police
Punjab Police chief said on Sunday. Three pistols were seized from them, Director General of Police (DGP) Gaurav Yadav said. «In a major breakthrough against organised crime, #Jalandhar Commissionerate Police apprehends 5 more associates of #Canada-based terrorist Lakhbir @ Landa,» he said in a post on X.
14.07 / 09:55
UPS FIVE economy Research pandemic reports Savings to consumption via debt—warnings from India’s households
Also read | Household savings plummet to 5-year low in FY23: Where did young India’s savings go? Savings, debt, and consumption are key considerations for households. Given that households are the biggest savers in India—who help fund the government’s fiscal deficit, along with helping private firms to invest—and private consumption is the largest component of the GDP, the three variables mentioned above have much to reveal about the state of the economy.
14.07 / 09:35
Provident Waves FIVE Fighting Experts War Wildlife A new lease of life to warring swamp deer
tigers were on the prowl in the farmlands of Lakhimpur Kheri district who had killed several people. The then chief wildlife warden Chandra Bhan Singh constituted four teams to rein in the tigers and Dr Rahul Shukla joined this expedition as an expert on farmland wildlife. The team reached my place in Gola, famous for its Shiva temple named Gokaran Nath. Here I was first introduced to Shukla by Late Shiv Chandra Dixit, my neighbour and a member of legislative council. I was 25 then.
14.07 / 07:58
FIVE BURST information reports Department Schools Investigations Gold, silver coins and more: MGNREGS workers find treasure while digging rainwater harvesting pits
rainwater harvesting pits in a rubber plantation in Kerala's Kannur district, MGNREGS struck gold on Friday when they unearthed a mud pot containing gold and silver coins and ornaments, reported ToI. However, the quest for treasure did not end there. On Saturday morning, five more silver coins and two gold ornaments were recovered from the same spot, the report said further. Details of treasure:

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