FIVE Financial News
02.05 / 16:19
Citi
FIVE
Racing
Parke
Cycling
stage
Olympics
She quit venture capital for pro cycling. She has no regrets.
Kristen Faulkner was talking about endurance, and suffering, and how comfortable she was when it comes to pushing her physical limits. I asked her where that stamina came from, if it was something she’d honed as a professional cyclist, or as a collegiate rower, or even in her early grinding in the world of investing. She had another answer: Alaska.
02.05 / 16:19
UPS
FIVE
Digital
Platform
Samsung Fab Grab Fest: Deals and offers on smartphones, TVs, laptops, and more
Samsung TVs such as the flagship Neo-QLED 8K, Neo QLED, OLED, The Frame TVs, and Crystal UHD series will be available at up to 43 percent off. On purchase of select models of Neo QLED 8K, Neo QLED and OLED TVs customers can avail bank cashback of up to ₹20000.
02.05 / 16:19
Provident
Target
FIVE
Align
Sustainability
Enterprise
Covenant
Tata Comms raises $250 mn sustainability linked loan
Tata Communications has raised $250-million loan from ANZ, DBS and Export Development Canada for five years under the sustainability-linked loan (SLL) framework, chief financial officer Kabir Ahmed Shakir said. The company will look at the framework for long term debt financing and refinancing of existing debt, he said. "Our endeavour is to finance our future borrowings (including refinancing of existing debt as it matures) under the SLL released.
02.05 / 16:01
markets
FIVE
Aware
CEO
country
Features
Interviews
Expect India to become 2nd largest market for Citroen after France in 5yrs: CEO Thierry Koskas
Citroen expects India to become its second biggest market after home country in the next five years, for which it will accelerate network expansion besides introducing new products, company global CEO Thierry Koskas said on Thursday. The company will be incorporating learnings from the past few years of its presence in India to attract more consumers besides looking to rope in a brand ambassador to push the brand's visibility in India. «India is an important market for Citroen and in a few years, it will become the second biggest market for us after our home market France,» Koskas told PTI here in an interview. At the moment, India is «probably in the top 10 markets for Citroen, more towards the 10th rather than upwards», he said, adding, «So, there is a lot of room for improvement, but I think it's absolutely possible.»
02.05 / 15:47
FIVE
BLOCK
Netflix
film
show
stars
karate
'Cobra Kai' Season 6 Grand Finale: 15 episodes split into 3 blocks. Release Dates, star cast, more
'Cobra Kai' Season 6 is coming to a grand finale. Netflix has announced that the William Zabka and Ralph Macchio-led series will have 15 episodes, split into three blocks of five episodes each. The streaming giant has released a video revealing that the first five episodes will premiere on July 18, the second batch of five will arrive on November 28 and the final five episodes of the series will be aired in 2015. The dates will be announced later. Netflix has also shared photographs showcasing the old and new generations of fighters striving to take their game to the world stage.
02.05 / 15:47
markets
FIVE
CEO
Coronavirus
pandemic
2020
Vaccines
Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its business. Shares jumped more than 11 per cent before the market open on Thursday. Peloton has been working on a significant rebranding since last year, shifting its identity as a seller of luxury exercise bikes and equipment to heath technology for all.
02.05 / 10:47
markets
UPS
FIVE
Platform
Photos
Diversity
These models gave up photoshoots to sell their AI likenesses
For Andrei Burak, modeling was mostly a side gig—a way to make a little cash as he worked his way up from lighting assistant to producer after moving from Belarus to Los Angeles five years ago. He did a number of photoshoots and even walked in LA Fashion Week twice, but at times, modeling was “super stressful," he said, between the long waits in casting lines, probing questions from casting directors and constant rejection. Burak isn’t standing in any more casting lines these days.
02.05 / 10:27
markets
FIVE
Fighting
Nestle
wellness
beautiful
reports
With premium coffees and pricey hair serums, FMCG firms woo the well-heeled
coffee consumption. The company said India is one of its fastest-growing coffee markets. Today, premium products account for 12-13% of the company’s sales—Nestle expects this number to touch 15-16% in the medium term and 20% in the long term, said Suresh Narayanan, chairman and managing director, Nestlé India said.
02.05 / 09:53
FIVE
Digital
Trade
reports
recommendations
Updates
International
Titan Q4 results tomorrow: Net profit likely to rise 8% YoY; jewellery segment to aid revenue growth
Titan Company is expected to report revenue of ₹11,250 in Q4FY24, registering a growth of 16% from ₹9,704 in the year-ago period, according to average estimates of five brokerages. Titan Q4 net profit is estimated to rise 8.2% to ₹794 crore from ₹734 crore, year-on-year (YoY). Analysts believe there could be demand moderation in Titan’s jewelry segment in Q4FY24.
02.05 / 09:53
markets
UPS
FIVE
wellness
reports
Multibagger NSE SME stock Lagnam Spintex hits lifetime high after Q4 results 2024. Share jumps 225% in one year
Multibagger stock: Shares of Lagnam Spintex Ltd are one such example in the Indian stock market. The NSE-listed SME stock has been in an uptrend after bottoming out at around ₹107 apiece on 13th March 2024. However, the small-cap multibagger stock still has some upside steam.
02.05 / 09:53
Target
FIVE
Fighting
Remark
Election
social
reports
Sharad Pawar hits out at PM Modi, says 'I've never seen a prime minister who...'
Pawar was quoted by PTI as saying. Pawar reportedly alleged that PM Modi doesn't talk about the basic issues that people face and diverts their attention. Wondering why Maharashtra was voting in five phases in the 2024 Lok Sabha elections, Pawar said, "It is because Modi can campaign here as much as possible...Those in power are worried." ALSO READ: Sharad Pawar says voting PM Modi back to power is 'dangerous': Wants to bring… Sharad Pawar alleged that PM Modi's frequent remark that if voted to power, the INDIA bloc would bring reservation based on religion, was an attempt to create social tension.
02.05 / 09:19
FIVE
Manufacturing
Airlines
Entertainment
economy
Celebrity
International
Air India's Airbus A350 marks International debut
Air India has launched flights on the Delhi-Dubai route with its new Airbus A350-900 aircraft according to a statement by Air India. The launch of flight on this route marks the international debut of Air India's recently acquired aircrafts, making it the sole carrier to operate the A350 between India and Dubai. The commencement of flights was celebrated with pre-departure ceremonies at both Delhi and Dubai airports, where guests were presented with A350 memorabilia.
02.05 / 08:39
Target
FIVE
Extreme
economy
Sustainability
Food
International
OECD revises India's FY25 growth forecast upward to 6.6%
India’s FY25 growth forecast upward to 6.6% from 6.2% projected earlier. “Strong investment and improving business confidence in India are projected to sustain real GDP growth of just over 6½ per cent in both FY25 and FY26, despite relatively sluggish private consumption growth,” OECD said. “Domestic demand will be driven by gross capital formation, particularly in the public sector, with private consumption growth remaining sluggish,” it further added.
02.05 / 08:39
markets
UPS
FIVE
economy
wellness
Cycling
country
We need a clear future growth path to sustain momentum over the next 20-25 years: Neelkanth Mishra
Neelkanth Mishra, Chief Economist, Axis Bank & Head of Global Research, Axis Capital, says “in the next three to five years in this same style, we could see very aggressive capex and industrial policy coming in from China and the return on assets, on capital intensive assets in China is already back to 2002 levels. It is quite possible it keeps falling. Imagine then what other countries have to do. Do we have policies to counter that? We need not get overly protectionist, but we need to be very agile in responding to this. Is it ready for this type of global economy which is very different from what we saw from the early 90s to say around 2015-16? There are several new challenges that we need to cope with.” India of yesterday, India of today and India of tomorrow. Where should we start? Neelkanth Mishra: Even to understand where we are headed, we need to have some handle on where we have come from and what we have done and where the platform has been set for the growth in the next three to five years. And then of course, the work that we do in the next three to five years will set the stage for what happens in the five years after that.
02.05 / 05:53
FIVE
Analysis
Election
Lok Sabha Election 2024: 329 candidates contesting in Phase-3 are crorepati; BJP's South Goa nominee richest
₹5.66 crore. The richest candidate in the South Goa constituency for the Bharatiya Janata Party (BJP), Pallavi Shrinivas Dempo, boasts wealth amounting to ₹1,361 crore. Meanwhile, Union Minister Jyotiraditya M Scindia, contesting from Guna in Madhya Pradesh, possesses assets worth ₹424 crore.
02.05 / 05:25
markets
Target
FIVE
Research
trends
Experts
recommendations
Breakout stocks today: PNB, Power Grid to Adani Power — Anand Rathi recommends these five stocks to buy today
Breakout stocks today: The frontline indices of the Indian stock market extended their early morning gains as bulls are betting high after the US Fed chairman downplayed the US Fed rate hike buzz in the US Fed meeting on Wednesday. Buying in mid-cap and small-cap indices was also witnessed during early morning deals on Thursday. However, these gains are limited as frontline indices are still below their resistance level.
02.05 / 03:51
markets
Provident
FIVE
Election
trends
Experts
country
Shankar Sharma's general election prediction: If BJP/NDA comes with expected numbers, no major market move/slightly down
In a post on X, Sharma wrote, "My satta prediction: A. If BJP/NDA comes with expected numbers, no major market move/ slightly down B. If INDIA comes, huge fall, then mind-boggling rally, because first thing, they will cut LTCG to zero, as they did in earlier reign." Sharma's post comes as Prime Minister Narendra Modi is vying for a consecutive third term.
02.05 / 03:39
Waves
FIVE
WhatsApp
Heat waves likely in 265 Andhra Pradesh mandals on Thursday
Amaravati: Heat waves are likely to scorch 265 mandals in Andhra Pradesh on Thursday, a senior official said. According to the Andhra Pradesh State Disaster Management Authority (APSDMA) managing director R Kurmanadh, «severe» heat waves are expected in 31 of the 265 mandals. Fifteen mandals in Vizianagaram district, eight in Parvatipuram Manyam, five in Srikakulam, two in Prakasam and one in Alluri Sitaramaraju are likely to experience «severe» heat waves, Kurmanadh said on Wednesday. Similarly, heat waves have been predicted for 21 mandals in Palnadu district, 18 in Eluru, 16 each in Guntur and Nellore, and 15 in Srikakulam district among others.
02.05 / 03:33
UPS
FIVE
Action
Gap
security
Bill
Updates
The KYC disruption: Investors deserve better than this
New Know-Your-Customer (KYC) regulations effective from 1 April have sent many investors into a tizzy, as they find their accounts locked for failing to meet yet another demand by authorities for verifiable data to establish their identities. Yes, we had a fresh round of KYC compliance. Under revised rules, holders of securities regulated by the Securities and Exchange Board of India (Sebi) had to validate their email IDs in addition to phone and Aadhaar numbers, the latter duly linked with PAN cards issued for taxation.
02.05 / 03:33
markets
FIVE
security
Align
Enterprise
Trade
Astec
Godrej split: What it means for the group's listed companies
restructuring of the group, announced late Tuesday, will result in two entities: Godrej Enterprises Group and Godrej Industries Group. While Godrej & Boyce Mfg. Co.
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