FIVE Financial News

08.05 / 16:09
markets FIVE Aviat Airlines information reports International Air India Express cuts daily flights as mass sick leave hits operations
NEW DELHI : Air India Express will reduce its flight network by 20% over the next few days to stabilize operations after a section of cabin crew went on mass sick leave, causing significant disruptions. The mass leave is believed to be a result of grievances related to the ongoing merger with AIX Connect, formerly AirAsia India. “If there are concerns that need to be addressed, the company leadership is available for any discussions.
08.05 / 13:05
UPS FIVE Myanmar country Discrimination Registration of biometric data for over 5K illegal immigrants in Manipur from Myanmar completed: CM N Biren Singh
Manipur chief minister N Biren Singh stated that out of 5457 illegal immigrants detected from Myanmar, biometric data of 5173 of them have been registered. Singh stated in X, “5457 illegal immigrants detected from Myanmar, biometric data of 5173 of them have been registered. The Government has detected a total of 5457 illegal immigrants in Kamjong District, Manipur as on May 7th, 2024. Out of the total, the biometric data of 5173 such illegal immigrants have been collected so far. Deportation process is underway. We have been giving humanitarian aides to all the illegal immigrants who were detected so far. Despite being an alarming situation, we have been handling it with utmost sensitivity.” Last week around 38 Myanmarese nationals were deported to their country from Manipur.
08.05 / 12:01
Provident FIVE Platform exclusive information Features Updates Leading Asian crypto info provider CoinNess launches English Live Feed with free API offer
Seoul, South Korea, May 8, 2024—CoinNess, one of the largest cryptocurrency investment information providers in Asia, today launched its English service with a Live Feed feature for global audiences. CoinNess’s Live Feed service provides real-time updates for investors in the blockchain and cryptocurrency industry.
08.05 / 09:49
markets Citi FIVE Entertainment innovations reports Mumbai and Delhi feature among the World's Top 50 Wealthiest cities, surpassing Washington DC
global economic landscape, certain cities stand out as magnets for success, attracting wealthy investors seeking abundant opportunities. Henley and Partners, a leader in residence and citizenship planning, recently unveiled a list of the World's Wealthiest Top 10 cities and Rising Wealth Hubs, highlighting cities that attract high-net-worth individuals (HNWIs) with liquid investable wealth of USD 1 million or more. Mumbai and Delhi's Rise Mumbai and Delhi's inclusion in the top 50 wealthiest cities underscores India's economic progress and urban development. On the list they ranked above, Washington, DC the capital city of the World's richest country. These cities have become magnets for HNWIs, offering a blend of economic opportunities and cosmopolitan lifestyles.
08.05 / 09:13
COST UPS FIVE Nestle performer reports Q4 Results Review: 5 cos including HDFC Bank, TCS contribute 75% to Nifty earnings growth; see top upgrades, downgrades
These five companies contributed 75 percent to the incremental YoY accretion in earnings. Conversely, Tech Mahindra, Reliance Industries, and Wipro contributed adversely to Nifty earnings, it stated. As of May 4, 2024, 28 Nifty stocks posted notable growth across key financial metrics, surpassing initial estimates.
08.05 / 08:01
markets Twitter FIVE Booking Manufacturing performer 2020 M-cap of 81 listed PSUs has grown 225% under Modi govt: FM
market cap of all 81 listed public sector undertakings (PSUs) has grown by 225% under the Narendra Modi-led NDA government, while 79% returns by Nifty CPSE have significantly outpaced Nifty 500 and Nifty 50 indices, Finance Minister Nirmala Sitharaman said in a tweet on Wednesday. Sitharaman was responding to what she called charges by the Indian National Congress (INC) and its leader Rahul Gandhi that PSUs were being dismantled and were in disarray under the Modi regime.
08.05 / 08:01
UPS FIVE WhatsApp Matrix Trade information F&O stocks: PFC, ABB India among 5 stocks with long buildup
Open interest indicates that bulls are likely to dominate the following counters. In Wednesday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.
08.05 / 06:33
FIVE Analysis Cycling show country Department Features Why vegetable prices are burning a hole in your wallet
Mint analysis showed. In those five years the annual average of the consumer price index for vegetables hardly moved — not because prices stayed calm, but because up-and-down cycles meant relative stability in yearly averages. That’s no longer the case.
08.05 / 06:33
markets UPS IPO FIVE Experts band Slone Infosystems IPO allotment in focus today; check latest GMP, 4 steps to check status
Slone Infosystems IPO allotment date today: Slone Infosystems IPO share allotment will be finalised today (Wednesday, May 8). The investors who applied for Slone Infosystems IPO can check the Slone Infosystems IPO allotment status in the registrar's portal, which is Kfin Technologies Ltd. Slone Infosystems IPO opened for subscription on Friday, May 3, and closed on Tuesday, May 7.
08.05 / 06:33
Provident FIVE Digital Compilation security Analysis Enterprise Weak tech spending by telcos could put IT revival on hold
Mint analysis of these firms—Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro and Tech Mahindra—revealed that revenue from the communications and media vertical was down nearly 3% from $8.49 billion in FY23 to $8.25 billion in FY24. Tech Mahindra was almost single-handedly responsible for this decline, having lost $320 million or 12.1% in annual revenue from telecom clients in FY24. A consensus of three analysts compiled by Mint projected a further downside of 3-5% in telecom revenue for the industry’s top five firms in FY25.
08.05 / 06:33
UPS FIVE track song rapper rap Kendrick Lamar vs Drake: A new rap beef for the streaming era
For weeks, hip-hop superstars Drake and Kendrick Lamar have been embroiled in a rap “beef," a tradition where rappers duel lyrically in a fight for the throne.This past weekend, it got ugly—so ugly that the reputations of two of music’s biggest names may never be the same. In quick succession, the feuding stars exchanged blows across five tracks with increasingly dark lyrics that had rap fans riveted, shocked and queasy.
08.05 / 04:17
FIVE security Election Death Diversity country rowing India-Canada ties: ‘Decade-old issues resurfacing with crimes’, Indian envoy amid Nijjar killing row
Canadian territory. He also emphasized that the fate of India will be determined by Indians themselves, not by foreigners. Addressing an event in Montreal on Tuesday, the Indian High Commissioner said, “Discussions are taking places at government level on both sides through diplomatic channels.
08.05 / 02:49
FIVE Citizens security Election Diversity country Relationships "My concern is national security, threats emanating from land of Canada": Indian envoy to Canada Sanjay Verma
Canada, Sanjay Kumar Verma has described the relationship between the two countries as having «decade-old issues» that have resurfaced, with unfortunate crimes, and threats emanating from the land of Canada. Speaking at an event in Montreal on Tuesday, the Indian envoy said that «Indians will decide what will happen to India» and not the foreigners. «A lot of discussions at the government level, both sides, is happening and through the diplomatic channels. These channels are not open to the public and they are trying to find solutions and resolutions to the issues of concern on both sides. And the way in which it is moving, I think it will come to both sides to see the virtue of resolving the issues, satisfying the concerns of both sides. My concern is national security, and threats emanating from the land of Canada, these threats are largely emanating from the Canadian citizens...we are ready to sit down on the table any day, and we are doing that. And, we are trying to resolve this issue,» Verma told the Montreal Council on Foreign Relations.
08.05 / 01:11
markets FIVE CEO Software travelers Schools Relationships A month on, Wipro CEO Srinivas Pallia has townhalls, Q&As on checklist
Srinivas Pallia completed one month as CEO of fourth largest software services firm Wipro, which has been trailing its peers on growth and profitability, he has been travelling across the globe to meet employees and stakeholders. Last week, he did a town hall in London, a geography on the other side of the Atlantic — where he has been focussed till recently as CEO of Americas 1. Pallia was elevated as CEO of Wipro, after Thierry Delaporte's sudden exit from the firm 15 months before the expiry of his term.
08.05 / 00:49
FIVE Election BABA Lok Sabha 2024: Delhi's richest candidate has ₹9-crore loan, criminal charges against him: Who is he, how rich he is?
BSP leader and his family have movable and immovable assets worth ₹83.5 crore. He alone owns movable and immovable assets worth ₹17.8 crore, while his wife, Veena Anand, owns assets worth ₹64.7 crore. Anand is a BSP candidate from the New Delhi seat in the 2024 Lok Sabha Elections.
07.05 / 23:31
UPS Provident FIVE cover testing prevention Canadian insurer rolls out pilot to assist in wildfire home protection
Wildfires are already burning in parts of Western Canada and with warnings of a particularly active season yet again this year, the country’s largest property and casualty insurer is testing a pilot project to help eligible Canadians protect their homes.
07.05 / 20:19
markets COST UPS FIVE economy wellness country David Rosenberg: Tanking economy, productivity mean Bank of Canada should cut rates with or without the Fed
We find it rather incredible that the Bank of Canada is so nonchalant when it comes to the state of the Canadian economy. The degree of excess capacity is expanding by the month, inflation has swung to disinflation and the economy (in real output per-capita terms) is contracting at a two per cent annual rate. Yet the folks in Ottawa fiddle as the macro landscape burns.
07.05 / 20:19
markets COST UPS FIVE Waters mountaineering Trans Mountain seen delivering better prices for Canadian oil 'for years'
Calgary-based Meg Energy Corp. expects Canada’s oil producers to get better prices “for years” as the industry starts using the expanded Trans Mountain pipeline that officially opened on May 1.
07.05 / 16:53
FIVE BLOCK Bill President show country prevention New York seeks to block pistols that can be modified to fire like machine guns
Proposed legislation in New York could make the state in the nation the first to block gun makers from selling pistols if they don’t take measures to prevent them from being able to be converted to fire like machine guns. The bill is set to be introduced Tuesday. It was drafted in response to the growing use of the attachments, called “pistol converters" or “Glock switches," that are placed on popular semiautomatic pistols such as those made by Glock, said the bill’s sponsor, state Sen.
07.05 / 16:53
Provident MET FIVE information reports Videos Salman Khan residence firing case: Arrested Rafiq Chaudhary did recce, sent video to Anmol Bishnoi, say police
Chaudhary had also made a video of the recce and sent it to Anmol Bishnoi, brother of jailed Lawrence Bishnoi. "The accused had met both the shooters on April 8 and April 11 in the Kurla area," the Mumbai Police Crime Branch was quoted by ANI as saying. Rafiq Chaudhary was arrested from Rajasthan.

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