FIVE Financial News
26.04 / 11:35
markets
UPS
FIVE
Strategy
Ex-Odey AM partner James Kostoris exits Lancaster IM after five months
He will join Barry Norris' Argonaut Capital to set up the firm's distribution team. Kostoris used to head UK and US sales at Odey AM, and moved to Lancaster IM in November alongside fund managers James Hanbury and Jamie Grimston following the transfer of five Odey AM and Brook Asset Management funds to the firm as the two businesses shut down. Odey Asset Management to wind down business The strategies in question were the LF Brook Absolute Return, Brook Absolute Return IRL, Brook Developed Markets, Brook Absolute Return Focus and LF Odey Opus funds. They have since been renamed ...
26.04 / 10:57
UPS
Provident
FIVE
Aviat
Airlines
information
Courts
Delhi HC allows lessors' plea seeking deregistration of all 54 Go First aircraft, restrains carrier from flying them
Delhi High Court on Friday allowed the lessors' plea which sought deregistration of the company's 54 aircraft. The court ordered deregistration of Go First's 54 planes in five working days which were subject matter of the case. The court has also restrained Go First from flying these planes. Indian civil aviation regulator DGCA has been asked to facilitate the export of aircraft and provide certificate of airworthiness.
26.04 / 10:57
26.04 / 09:21
UPS
Provident
FIVE
Racing
security
IPL 2024: Will Jasprit Bumrah do a Sunil Narine for Mumbai Indians? Netizens demand 'let him open...'; here's why
T20 World Cup 2024 squad, Jasprit Bumrah displaying all-rounder potential can really change things for Team India. The internet seemed in awe of Jasprit Bumrah's batting skills and said that the pacer should be promoted up the batting order during IPL 2024. Mumbai Indians fans, who are really upset over Hardik Pandya replacing Rohit Sharma as the franchise's skipper, quipped that Jasprit Bumrah was a far better option if MI wanted to change the captain.
26.04 / 09:21
UPS
Target
FIVE
Diversity
performer
reports
L&T Tech Q4 result review: Stock tanks 9.5% as brokerages remain cautious, cut estimates
₹340 crore, due to slower revenue growth and a reduction in margins. Its revenue grew 5 percent YoY to ₹2,537.5 crore. In terms of margins, management expects a "slightly muted" performance in the near term as the company invests in critical areas for future growth.
26.04 / 09:15
FIVE
Election
wellness
Justice
Courts
rights
Supreme Court issues notice to EC on plea seeking re-election where NOTA gets majority vote
Supreme Court to give publicity of NOTA as a «fictional candidate» and to frame rules to conduct re-election in the parliamentary seats where NOTA gets a majority. A bench headed by Chief Justice of India DY Chandrachud issued notice to the Election Commission of India on Shiv Khera's plea seeking direction to frame rules to the effect that if NOTA gets a majority, the election held in the particular constituency shall be declared null and void and a fresh election shall be conducted to the constituency. Shiv Khera, in his plea, also sought to frame rules stating that the candidates who poll fewer votes than NOTA shall stand debarred from contesting all elections for a period of five years and to ensure proper and efficient reporting/publicity of NOTA as a «Fictional Candidate».
26.04 / 07:39
FIVE
Manufacturing
Platform
Boxing
Justice
electronic
Courts
‘Terrible disappointment’: TMC MP as Supreme Court rejects plea to revert to paper ballot voting
‘Vague & baseless…’: SC rejects pleas for 100% EVM-VVPAT verification Bhushan on the X platform added, "We had asked the SC to either: Go back to paper ballots, or Give VVPAT slip to the voter to put in a ballot box & then count VVPAT slips, or keep the light on in the VVPAT machine & count all the slips. Today only 2% of VVPAT slips are matched with EVM. SC today rejected our demands".
26.04 / 07:21
FIVE
Election
Boxing
Justice
electronic
Courts
‘Vague & baseless…’ Here’s why Supreme Court rejected pleas seeking 100% verification of EVM-VVPAT?
rejected the pleas seeking 100% cross-verification of votes cast on Electronic Voting Machines (EVMs) with paper slips generated by the Voter Verifiable Paper Audit Trail (VVPAT). The verdict comes in the middle of the Lok Sabha Elections 2024, and on a day, 88 seats go for voting in the second phase of polling. The two judges on the bench, Justices Sanjiv Khanna and Dipankar Datta, authored separate yet concurring judgments in the matter.
26.04 / 06:53
markets
UPS
FIVE
Strategy
performer
social
ESG theme based mutual funds give up to 32% in three years. What should investors do?
mutual funds have offered an average return of 16.52% in the last three years, data crunching by ETMutualFunds showed. There were around 10 mutual fund schemes in the ESG theme based mutual fund category which includes both active and passive funds. Quant ESG Equity Fund, the topper in the category, gave 31.58% return in the last three years. ICICI Prudential ESG Exclusionary Strategy Fund offered 17.40% return in the said time period. SBI ESG Exclusionary Strategy Fund gave 16.63% return in a five year period. Both these schemes follow Exclusionary Strategy after Sebi introduced five new sub-categories.
26.04 / 06:09
FIVE
Citizens
Election
hospital
reports
rights
cricket
Narayana Murthy sets example for youngsters; comes from hospital bed to cast vote
Infosys co-founder NR Narayana Murthy and his wife Sudha Murty set an inspiring example by casting their votes early despite challenges. Narayana Murthy, 77, who was reportedly unwell and hospitalized, took special permission from hospital authorities to exercise his democratic right.
26.04 / 06:09
FIVE
Mobile
Sustainability
Cycling
performer
innovations
recommendations
LTTS shares plunge 10% on muted Q4 performance
The company’s EBIT margin stood at 17.1% for the quarter ended March and the board has recommended a final dividend of Rs 33 per share.
26.04 / 04:27
FIVE
Manufacturing
security
Tesla
Election
country
rights
‘A damn hard thing to do’: Tesla co-founder JB Straubel takes on battery recycling
Tesla Inc. co-founder JB Straubel wasn’t content with simply reinventing the automobile for the 21st century. He left in 2019 feeling he needed to redesign the global supply chain for the electrified future, too. That’s exactly what he’s been doing for the last five years. The company he built, Redwood Materials, is now the largest battery recycler in North America, and it’s using those recycled materials to manufacture complex battery components that have traditionally been imported from abroad, largely from China. Straubel recently opened the doors for a first peek at the 300-acre industrial campus he’s built in the western Nevada desert. He said it hasn’t been easy.
26.04 / 04:13
UPS
FIVE
Election
Updates
Lok Sabha Elections 2024: Of 88 seats voting today in Phase 2, BJP had won 54 in 2019
second phase of Lok Sabha Elections 2024 today, April 26. The seats going to polls today include all 20 Lok Sabha constituencies in Kerala, 14 in Karnataka, 13 in Rajasthan, eight each in Uttar Pradesh and Maharashtra, seven in Madhya Pradesh, five each in Assam and Bihar, three each in West Bengal and Chhattisgarh and one each in Jammu and Kashmir, Manipur and Tripura. Follow Live Updates on Phase 2 Elections Here Congress leaders Rahul Gandhi and Shashi Tharoor, the BJP's youth icon Tejasvi Surya, Union minister Rajeev Chandrasekhar, actor-turned-politicians Hema Malini and Arun Govil, and the speaker in the outgoing Lok Sabha, Om Birla are among 1,210 candidates in the fray in Phase 2 of the Lok Sabha elections.
26.04 / 00:27
markets
FIVE
Parke
wellness
Healthcare
stars
Norwest raises $3 billion global fund
Norwest Venture Partners backed by US financial giant Wells Fargo has raised its 17th global fund of $3 billion, the Menlo Park, US-based firm said Thursday. The early-to-mid-stage investor that has backed 700 companies globally focuses on three major markets — USA, Israel and India. It has $15.5 billion of assets under management.
25.04 / 21:25
Citi
FIVE
Fox
Research
Ozon
country
reports
California, Los Angeles, San Diego have worst air quality in USA. Check state, county-wise list
California, Arizona, Colorado, Michigan, Nevada, Utah and New Mexico have been slapped with failing grades for ozone pollution, short term fine particle pollution and annual particle pollution levels, Fox Weather reported quoting American Lung Association 2024 study. The areas also include prominent urban cities and localities such as Los Angeles, San Diego, Denver, Salt Lake, Sacramento, as per the research report. According to recent data, a staggering 131.2 million Americans, which translates to two in five individuals, reside in cities with failing air quality grades. Among these cities, thirty received failing grades specifically for ozone and particle pollution.
25.04 / 21:25
MET
FIVE
Fighting
Election
Demands for Gorkhaland and a three-cornered fight in unpredicatable Darjeeling Lok Sabha seat
Darjeeling is as unpredictable as the hill weather as it is privy to a unique political culture with multiple hill-based political parties which shift their support between the Trinamool and BJP. The demand for statehood for Gorkhaland and the predicament faced by teagarden workers, especially regarding minimum wages, remain the main issues in Darjeeling as the constituency goes to polls on April 26 in the second phase of the Lok Sabha polls. Considered a stronghold of the BJP, Raju Bista, originally from Manipur, is the BJP candidate contesting for a second time. This time, there is a three-cornered fight –– Trinamool candidate Gopal Lama, a former bureaucrat and son of the soil is pitted against Congress’s Munish Tamang and BJP's Bista. Lama had served as the Darjeeling additional district magistrate and then as an OSD (Officer on Special Duty) in GTA until 2017.
25.04 / 19:15
FIVE
Progressive
Experts
country
reports
shock
Interest rates may stay higher than expected in 2024-25: World Bank report
Interest rates could remain higher than expected in 2024 and 2025 as global commodity prices level off, the World Bank said in a report released Thursday. The report also noted that a significant flare-up in the Middle East could further stoke global inflation. «A key force for disinflation-falling commodity prices has essentially hit a wall. That means interest rates could remain higher than currently expected this year and next. The world is at a vulnerable moment: a major energy shock could undermine much of the progress in reducing inflation over the past two years,» said Indermit Gill, chief economist, World Bank. The World Bank's index of commodity prices has remained unchanged since mid-2023. The new Commodity Outlook projects prices are expected to decline 3% in 2024 and 4% in the following year.
25.04 / 18:05
FIVE
Election
politician
Rahul Gandhi talks about women's unpaid domestic labour; netizens applaud: ‘Indian male politician has…’
Rahul Gandhi talking about women ‘working at home’ but never getting paid for it. “Aap log jo 8-10 ghante kaam karte ho, stri ko bhi paisa milta hain, purush ko bhi paisa milta hain. Magar har mahila, issh desh ki har mahila, 8 ghante ghar k bahar job karti hain aur, phir 8 ghante ghar mein job karti hain." Rahul Gandhi is heard saying.
25.04 / 18:01
FIVE
Election
WhatsApp
testing
International
Voting for six Lok Sabha seats in the northeast will be held on April 26
Lok Sabha seats in the northeast will be held on April 26, the second phase of the general election. Five of these seats are in Assam and one in Tripura. The same day, one seat in Manipur will see partial voting. On Friday, polling was held in the Inner Manipur Lok Sabha seat and 15 of the 28 Assembly segments of the Outer Manipur (ST) parliamentary constituency.
25.04 / 16:43
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