FIVE Financial News

28.05 / 00:55
FIVE Platform Software stage country Schools International Banking tech startup Gravity raises $1 million from Kettleborough VC
banking tech startup Gravity has raised $1 million in a funding round led by early-stage venture fund Kettleborough VC. The funds will be employed to enhance “our engineering strength to build the product and take it to the next version, offering the best in product engineering we can,” cofounder and chief executive Satish Krishnaswamy told ET.
27.05 / 21:49
markets FIVE WhatsApp reports Updates Fortnite Chapter 5 Season 3 battle pass, end date: Check Fortnite Chapter 5 Season 4 update details
Fortnite Chapter 5 Season 3 begins on May 27 but gamers are curious about Fortnite Chapter 5 Season 4 update. Epic Games' Fortnite so far has five chapters and as many as thirty season, as per a report on dexerto. So far, a season of Fortnite on an average lasts for nearly 80 days or around three months. If we go by this pattern, Fortnite Chapter 5 Season 4 update is likely to be out in August or September. Notably, Fortnite Chapter 5 Season 3 will culminate on August 16, as per the report.
27.05 / 16:32
FIVE Election President DAL BJP has odds stacked against it in Punjab. What gives it hope?
Bharatiya Janata Party (BJP) has been a bit player in Punjab politics, playing a second fiddle to its senior alliance partner the Shiromani Akali Dal (SAD) since 1996. But this time, it decided to come out of SAD's shadow and fight the Lok Sabha elections on its own. The SAD had walked out of the alliance over the farm bills but both were considering coming together again which did not happen. While testing the waters in Punjab on its own, where it ranks fourth after the AAP, the Congress and the SAD, the BJP finds odds are stacked against it. It faces backlash from protesting farmers in a state where traditionally the BJP has not had any core voters of its own. In the absence of its alliance partner, the SAD, it might not have much traction in rural areas. Yet, the state BJP leaders are quite upbeat. They are hopeful of winning at least four seats of the total 13, double the number they have been winning in the state in the past few Lok Sabha elections. What explains their optimism when the party doesn't have any voter base of its own and the dominant farmer community has turned against it?
27.05 / 14:45
MET FIVE Man security Mobile reports Noida news: IRS officer arrested after body of ‘live-in partner’ found hanging at his Sector 100 flat
ALSO READ: Karnataka: Horrific stabbing in Hubbali after woman rejects advancesMeena, a 2016-batch IRS officer currently posted in Delhi, had told the police that Shilpa had locked herself in a room and hung herself from a ceiling fan, according to a report by the Times of India.Meena had also claimed that the room’s door was opened by a security guard, who he had called after Shilpa was not responding for a long time. Shilpa was a human resource staff at Bharat Heavy Electricals Limited (BHEL).
27.05 / 14:45
markets FIVE security economy Election Experts Market may go down 15-20% if BJP secures less than 250 seats, party allies in three states doing poorly: Ruchir Sharma
Is the Indian stock market fairly valued or overvalued? Experts weigh inSharma emphasised that if the BJP fails to secure 250 seats, the market may experience a sudden downfall of 10-20%. He further said India boasts the world's "most costly" stock market.“It is also why foreign investors are being skittish about coming in.
27.05 / 14:21
markets UPS FIVE Mobile Tesla country reports EV sales are overtaking charging stations in Canada — and that's a problem
Electric-vehicle charging infrastructure is having a hard time keeping up with EV sales.
27.05 / 13:53
FIVE Remark Election country stars Courts Injunction filed against Rahul Gandhi and PM Modi over alleged defamatory statements against Adani Group
injunction was filed on Monday against Congress leader Rahul Gandhi and Bharatiya Janata Party's (BJP) leader and Prime Minister Modi Narendra Modi over defamatory remarks on the Indian corporate house, Adani Group. This comes amid heavy campaigning by both star leaders, who have time and again included Adani Group in their election campaign speeches. The plea in Delhi Court seeks to restrain alleged defamatory statements including when Rahul Gandhi accused the Centre of waiving loans worth Rs 15-16 lakh crore for industrialists, including Gautam Adani.
27.05 / 12:51
FIVE information orienteering LIC Mutual Fund changes name of five schemes
LIC Mutual Fund has announced the name change of its five schemes which include debt and equity schemes. The fund informed about the changes to its unitholders through a notice-cum-addendum. These changes will be effective from June 1. Also Read | 2 midcap mutual funds turn Rs 5,000 monthly SIP to Rs 1 crore in 20 years
27.05 / 12:51
Provident Target FIVE security country 7 Pakistani soldiers, 23 militant killed in separate shootouts during raids along the Afghan border
Pakistan's security forces were conducting several raids in the country's volatile northwest, a former stronghold of the Pakistani Taliban, when shootouts ensued leaving seven soldiers and 23 militants dead, the army said Monday. The first exchange of fire occurred overnight on the outskirts of Peshawar, the capital of the Khyber Pakhtunkhwa province, killing six militants and two army officers who «embraced martyrdom,» according to a statement by Pakistan's military. A second shootout happened during another security operation on Monday in the district of Tank, leaving 10 militants dead, the statement said, adding that five soldiers and seven militants were also killed during a separate fire exchange in the district of Khyber.
27.05 / 11:57
FIVE Gap Strategy wellness Experts information Schools Become a Strategic Leader with IIM Lucknow Executive Programme in Strategic Management
Executive Programme in Strategic Management in partnership with Emeritus, a global pioneer in offering accessible and affordable high-quality education to individuals and organisations.This 7-month high-impact programme is thoughtfully designed for senior and mid-level professionals aspiring to ascend to leadership positions that spearhead corporate strategy and growth. Additionally, it is tailored for senior executives already in pivotal strategic roles but seeking to enhance their capabilities in end-to-end strategy formulation and execution, thereby propelling their organisation's business growth initiatives forward.According to the 2023 Chief Strategy Officer (CSO) Survey by Deloitte, organisations are increasingly structuring strategy as a formal function with a dedicated lead and personnel, a 22% increase to 74% of organisations surveyed in 2023 compared to prior years.
27.05 / 11:17
markets FIVE CEO Election love show cover In final stretch of polls, markets raise a vote of confidence
MUMBAI : Investors in India’s equity markets seem to have regained confidence about political and economic continuity heading into the last leg of the national election. One clear indicator of this is that the net value of the marketwide options' open position plunged from ₹4.96 trillion on 7 May to ₹91,149 crore on 24 May, a day ahead of the sixth phase of the election. The last phase of voting will be held on 1 June, and the election results declared on 4 June.
27.05 / 10:29
Target FIVE Election Banner Lok Sabha Elections 2024: J-K records highest voter turnout in 35 years, says Election Commission
Anantnag-Rajouri seat of the Valley voted in the sixth phase of polling on May 25 marking the end to elections in all five seats of Jammu and Kashmir. Four other seats – Udhampur, Jammu, Srinagar and Baramulla – voted in earlier phases of Lok Sabha Elections 2024.Also Read: Kashmir News: Redrawn Anantnag-Rajouri breaks turnout record with over 54% polling in Phase 6, highest after 1984“This active participation is a huge positive for Assembly elections to be held soon so that the democratic process continues to thrive in the Union Territory," said Chief Election Commissioner Rajiv Kumar in a statement.The Anantnag-Rajouri Lok Sabha constituency recorded about 54.
27.05 / 09:13
IPO FIVE Corning Experts band Diversity recommendations TBI Corn IPO price band set at ₹90-94 per share; issue to open on May 31
₹44.94 crore, is all set to open for subscription on Friday, May 31, 2024, and close on Tuesday, June 4, 2024. The SME IPO is entirely a fresh issue of 47.81 lakh shares.The TBI Corn IPO price band has been fixed at ₹90 to ₹94 per share with a face value of ₹10 each, and the IPO lot size is 1,200 shares.
27.05 / 08:57
IPO FIVE Booking Strategy Remark rights Interviews 1 million to $13 million in 5 yrs: 'Indian Warren Buffet' Mohnish Pabrai shares his success journey
Mohnish Pabrai, an Indian-American businessman and investor, attributes his remarkable success to replicating the strategies of legendary investor Warren Buffett. Through disciplined value investing, Pabrai has achieved impressive returns, establishing himself as a significant figure in the investment world. In a recent post on X, Andrew Wilkinson, co-founder of Tiny Capital, shared his journey into investing, highlighting «The Dhando Investor» by Mohnish Pabrai as a pivotal influence. Wilkinson said, «Ten years ago, I knew nothing about investing. Sure, I’d read a few books on Warren Buffett, but I didn’t know how to do it. Then I read 'The Dhando Investor' by (my now friend) Mohnish Pabrai, and it became my bible.» During the course of the interview, Mohnish Pabrai referenced a number of his own investing strategies, as well as what
27.05 / 08:11
FIVE Booking Aware Justice guidelines Courts Delhi HC directs DDA to formulate comprehensive SOPs for booking of Ramleela Sites within 5 weeks
Delhi High Court has directed the Delhi Development Authority (DDA) to formulate comprehensive SOPs (standard operating procedure) and guidelines for booking Ramleela sites within five weeks from the date of order and no later than June 25, 2024. The bench of Justice Tara Vitasta Canju in an order passed last week stated that, «The DDA shall formulate comprehensive SOPs/guidelines for booking of Ramleela sites within five weeks from the date of this order and no later than June 25, 2024. In the event, the DDA seeks to rely on the list of Delhi Dharmik Mahasangh (DDM) or other third part organisations for these bookings, an appropriate clarification would be in the SOPs/guidelines to make all persons aware of such reliance. These SOPs/guidelines shall be publisiced by DDA.» In the meantime, no online/offline bookings of DDA ground/open spaces for Ramleela functions, shall be undertaken by DDA, till the new SOPs/guidelines for booking of Ram Leela sites is published, said the court.
27.05 / 07:09
markets FIVE Enterprise Research performer reports International Invested ₹1 lakh in Adani Enterprises 5 years ago? Here's your return today
Adani Enterprises has become a dominant forcein the nation's infrastructure and energy sectors. It’s a diversified powerhouse with a strategic industrial ecosystem. Headquartered in Ahmedabad, this Adani group leader boasts a multifaceted portfolio.
27.05 / 07:09
markets UPS FIVE Man Inside Interviews diving After the OceanGate implosion, the ultra wealthy still can’t resist the deep sea
THE OCEAN FLOOR off the coast of Sebastian, Florida, is littered with untold fortunes. For three centuries now, the sea has turned the gold and silver coins of the doomed Spanish treasure fleet over and over among strands of flowing seaweed and beneath the claws of scuttling crabs. Twenty miles inland, plunked on an unassuming industrial lot amid a swampy expanse, lie vessels capable of surfacing that sunken bounty.
27.05 / 07:09
FIVE Action Death NOC reports Department Courts Rajkot Gaming Zone Fire: Five officials, including cops and civic staff suspended for negligence, lack of approvals
Rajkot Fire: The Gujarat government on Monday, May 27, suspended five officials, including two police inspectors and civic staff, for negligence related to the Rajkot game zone fire that claimed 27 lives, PTI reported.According to a government release, the officials were found responsible "for their gross negligence in allowing this game zone to operate without necessary approvals."The suspension of the five officials followed Chief Minister Bhupendra Patel's site inspection on Sunday. The Chief Minister instructed the concerned departments to take strict and punitive action against those responsible for the incident.The facility where the blaze erupted on Saturday, May 25, was operating without the required fire No Objection Certificate (NOC)."The game zone had received permissions from the roads and buildings department.
27.05 / 07:09
UPS FIVE performer stage cricket Mitchell Starc to choose IPL over One-Days? KKR pacer hints at quitting ODIs to focus more on franchise cricket
PTI reported.Starc, acquired by Kolkata Knight Riders for a record ₹24.75 crore, showcased brilliance during the crucial stages of the tournament. His exceptional performance yielded 17 wickets, with five crucial dismissals in the knockout matches, playing a pivotal role in propelling the Shah Rukh Khan-owned team to a commanding title victory.Also Read: IPL Final 2024: Fans react to Mitchell Starc’s ‘unplayable’ delivery to dismiss Abhishek Sharma, ‘Prime Wasim Akram’To a query from PTI as to how he would take it up from here after his best year in franchise cricket, Starc hinted that T20s could gain prominence in his roster.“For the last nine years, I certainly prioritised Australian cricket.
27.05 / 06:29
markets FIVE ETF security Align Trade NSE to implement one paisa tick size for stocks under ₹250 from June 10, aiming to improve price discovery
₹250 per share. This decision is detailed in a circular dated May 24, 2024, and marks a strategic move towards improving price discovery in the market.According to some market participants, this measure reflects the intense competition between the NSE and the Bombay Stock Exchange (BSE) for market dominance.
27.05 / 03:43
markets IPO FIVE Manufacturing Strategy Hyundai reports Hyundai Motor India IPO: Kotak, Morgan Stanley likely to be advisors for India’s biggest IPO - Report
Also Read: FPO lock-in expiry: Vodafone Idea share price to gain focus today as anchor investors' 30-day lock-in period endsThe Hyundai Motor India IPO is likely to be purely an OFS (offer for sale) by the parent and slated to be India’s largest IPO, as the South Korean auto major plans to raise between $2.5 billion to $3 billion via the issue, the report added.The IPO is likely to value the Indian arm at around $20 billion and the OFS figure as part of discussions currently is 15% which hasn’t been frozen yet, it said.However, the valuation and IPO size haven’t been finalized which may vary depending on the company strategy and market conditions, the sources told Moneycontrol.Also Read: Upcoming IPOs: Five SME issues and two new listings scheduled for this week; check full list hereAt present, the Life Insurance Corporation of India (LIC) IPO is the largest IPO in India which raised $2.7 billion in May 2022.In FY24, Hyundai Motor India was India’s second largest carmaker after Maruti Suzuki in terms of passenger sales volumes.

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