FIVE Financial News

13.06 / 07:57

UPS Provident FIVE Nestle Research Colgate-Palmolive reports Mint Explainer: Why Nestle failed to raise royalty payments while rivals did

Mint takes a look at how recent proposals to increase royalty payouts fared in the consumer goods space in India. The Indian subsidiaries of major foreign fast-moving consumer goods, or FMCG, companies often pay a fee known as royalty to their parent companies. This grants them access to resources, including globally recognised brands, technology, research and development capabilities, and shared services used throughout the entire organisation.

13.06 / 05:55

FIVE Cooper Fighting security Election reports Maharashtra News: Will BJP snap ties with Ajit Pawar? Here's what THIS report says

Bharatiya Janata Party (BJP) may snap ties with Ajit Pawar-led NCP and, instead, fight the upcoming Maharashtra assembly elections with Chief Minister Ekanth Shinde-led Shiv Sena as its ally, according to a report in the New Indian Express. This after a write-up in an RSS mouthpiece said that the alliance with Deputy Chief Minister Ajit Pawar-led NCP was one of the reasons for the BJP’s Lok Sabha poll setback in Maharashtra.The opposition Maha Vikas Aghadi (MVA) won 30 of the Maharasthra’s 48 seats in the recently-concluded Lok Sabha Elections 2024. The ruling Mahayuti, a part of the NDA, bagged just 17 seats.

13.06 / 04:39

UPS FIVE Election DAL Tough NDA Vs INDIA Rajya Sabha battle on cards in Maharashtra & Haryana. Explained in 5 key points

Bhartiya Janata Party (BJP), two by the Congress and one by the Rashtriya Janata Dal (RJD).Of the vacant seats, two each are in Assam, Bihar and Maharashtra and one each in Haryana, Madhya Pradesh, Rajasthan and Tripura. The Election Commission of India is yet to announce the poll dates for these Rajya Sabha seats. But clearly, it is going to be another interesting battle between the BJP-led National Democratic Alliance (NDA) and INDIA bloc, especially in Haryana and Maharashtra.

13.06 / 04:39

markets Target FIVE Trade Experts track recommendations Stocks to buy or sell: ITDC to Elecon Engineering — Sumeet Bagadia recommends five breakout stocks today

Stocks to buy or sell: The Indian stock market snapped its two-day fall and ended northward on Wednesday. This means that the market, after a period of decline, started to move upwards again. The Nifty 50 index went up 58 points and closed at 23,322, while the BSE Sensex scaled 149 points and finished at 76,606.

13.06 / 03:45

UPS Provident FIVE Parke Courts rights DeSantis appointees bury the hatchet with Disney by approving new development deal

Florida Gov. Ron DeSantis’ appointees have given final approval to an agreement that buries the hatchet between Disney and the governing district for Walt Disney World

13.06 / 02:53

markets FIVE Manufacturing reports rights Pharmaceuticals surfing Stocks to watch: Dr Reddy's, Torrent Pharma, Gensol, L&T Finance, Glenmark

Dr Reddy’s Laboratories: The company has signed a licensing agreement with US-based Ingenus Pharmaceuticals to commercialise Cyclophosphamide injection, a cancer treatment. Under the agreement, Dr Reddy’s will commercialise the injection for the US market and pay Ingenus 50% of the calculated profit share.Torrent Pharmaceuticals: The company announced on Wednesday that it has received a Form 483 with five observations from the US FDA following an inspection of its manufacturing plant in Indrad, Gujarat.Whirlpool of India, Hindustan Unilever: The two companies announced a new marketing alliance for Surf Excel.

13.06 / 02:37

Target FIVE Ball cricket IND vs USA T20 World Cup: Arshdeep's pace blitz, Suryakumar-Dube's 72-run stand seal Super-8 spot for Rohit and team

India won the toss and decided to ball first. During the USA's innings, the team gave a target of 110 with the loss of 8 wickets. During the match, opener Shayan Jahangir was out for a duck.

12.06 / 21:05

markets FIVE Sustainability Remark Diversity reports What’s driving the remarkable growth of India’s mutual fund industry?

India’s mutual fund industry has witnessed remarkable growth, with assets nearing the 60-trillion rupee mark in May. The Association of Mutual Funds in India (AMFI) reported that the total assets under management (AUM) reached 58.6 trillion rupees ($701.90 billion), showcasing the fastest rise on record. This surge, adding 10 trillion rupees in less than a year, underscores the growing investor confidence and the resilience of the Indian financial market.

12.06 / 21:05

Citi FIVE Entertainment show innovations reports Destinations India’s retail sector on the cusp of huge growth – Here’s why

India’s retail sector is witnessing a significant surge, and is expected to grow by 50% to 134 million sq ft by the end of 2028 from 89 million sq ft at present, according to a report by JLL. Close to 88 new retail developments with a cumulative area of around 45 million sq ft are expected to come on stream in the seven cities — Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Pune, Kolkata, and Chennai – over the next 5 years.

12.06 / 21:05

FIVE Booking Election 2020 orienteering SBI Mutual Fund shatters many records! First to cross Rs 10 lakh crore assets

SBI Mutual Fund, the country’s largest fund house, has become the first mutual fund house in India to surpass Rs 10 lakh crore of Average Asset Under Management (AAUM).

12.06 / 17:45

markets Provident FIVE economy Sustainability country social Govt’s PMAY move to help boost affordable housing, drive economic growth

PMAY) is expected to boost the supply of much-needed affordable housing and move closer to the vision of housing for all.

12.06 / 17:43

markets COST UPS FIVE Opinion reports Opinion: Bank of Canada rate cuts won’t necessarily reduce mortgage costs

By Don Drummond

12.06 / 17:43

markets UPS FIVE ETF security economy wellness 5 ways to prepare your portfolio for more rate cuts

After much angst over inflation, the weaker economy in this country finally prompted the Bank of Canada to cut its interest rate by 0.25 per cent, but what now? What should investors do next now that a cut is finally official?

12.06 / 16:53

UPS FIVE Nestle reports recommendations Nestle India to pay royalty to Swiss parent at current rate of 4.5%

Nestlé S.A., the company said in a filing to the exchanges Wednesday.On Wednesday, the company’s board approved continuation of payment of royalty at the existing rate of 4.5% to its parent company. In May, the company’s proposal to increase royalty payout was rejected by shareholders.“Respecting the decision of the members and feedback from other stakeholders, the board of directors on the recommendation of the audit committee, with only the independent directors voting and the executive directors recusing, approved continuation of payment of general licence fees (royalty) by the company to Société des Produits Nestlé S.A.

12.06 / 14:43

MET FIVE Election WhatsApp Pema Khandu to become CM of Arunachal Pradesh for fifth time

Pema Khandu will become the chief minister of Arunachal Pradesh.

12.06 / 14:43

FIVE Nestle Trade reports recommendations Nestle India revises record date for dividend payment, scraps increasing royalty fee to parent

Nestle India on Wednesday said it has changed the record date for the payment of the final dividend to July 16 from July 15 earlier. Earlier, the company's Board had recommended a final dividend of Rs 8.5 per for the fifteen months ending March 2024. The record date will determine who will be eligible to receive the said dividend payment.

12.06 / 14:27

COST UPS FIVE show reports Banks need to push CASA for deposit growth and protect margins

deposit growth to meet credit demand, the route has been a bit costly.Term deposits have grown faster than CASA deposits for many banks.

12.06 / 14:07

FIVE WhatsApp film Actor shooting stars Firing outside house: Mumbai Police record Salman Khan's statement

Mumbai Police on Wednesday recorded statements of Bollywood star Salman Khan and his actor brother Arbaaz Khan in connection with the incident of firing outside the family's residence here in April, an official said. A four-member crime branch team visited Galaxy Apartments in Bandra where the family lives, he said.

12.06 / 14:07

FIVE Career security Election Actor Celebrity Watch as Chandrababu Naidu turns emotional following long hug and pat on the back by PM Modi during oath taking ceremony

Chandrababu Naidu as the Chief Minister of Andhra Pradesh witnessed a touching moment when Prime Minister Narendra Modi embraced him in a long hug and gave him a pat on the back. This gesture, full of warmth and camaraderie, symbolized a moment of unity and support within the National Democratic Alliance (NDA).

12.06 / 11:21

Provident FIVE information strain Features peace Personal Loans: 7 mistakes that you should avoid for smooth repayment

Also Read: Applying for a personal loan? Here are essential dos and don’ts you must keep in mindMost banks and NBFCs offer personal loans with a tenure ranging from 12 to 60 months. Some of them provide a maximum tenure beyond five years. Accordingly, you should choose a tenure based on which you can opt for an EMI amount you are comfortable paying from your monthly income.Don't make the mistake of opting for a lower tenure to finish the repayment faster.

12.06 / 10:27

FIVE Manufacturing CEO security Election country electronic IAF played vital role in 2024 LS polls, flew more than 1,000 hours in over 1,750 sorties

Election Commission into remote corners of the country to airlifting EVMs, the IAF played a vital role in the recently-held general elections, with its aircraft flying more than 1,000 hours in over 1,750 sorties. The Indian Air Force on Wednesday shared details about the helping hand it lent to the electoral machinery in the conduct of the Lok Sabha polls.

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