FIVE Financial News
25.04 / 14:41
markets
UPS
FIVE
Manufacturing
Hyundai
country
Hyundai and Kia to launch first India-made EVs by 2025, aiming for greater footprint in local market
electric vehicles is scheduled to commence by the end of 2024, with the official launch slated for 2025. Kia will also debut its India-made electric vehicle in the same timeframe, the group confirmed in a recent statement. By 2030, Hyundai and Kia intend to unveil five new electric models in the Indian market.
25.04 / 13:35
FIVE
Citizens
Election
country
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Rahul Gandhi appeals to vote for 'hand' symbol to form 'hindustaniyon ki sarkar'
Rahul Gandhi appealed to the voters to support the Congress and vote for the 'hand' symbol to form a 'government of the Indians'. In a video message shared on his official 'X' handle, Gandhi said that this election is meant to protect the Constitution and democracy while urging the citizens to «fulfil their duty towards democracy». «This election is an election to save democracy and principles. On one side, BJP and RSS are trying to destroy democracy and the constitution. And on the other side, Congress party and INDI alliance are making efforts to protect the constitution and democracy,» Rahul Gandhi said.
25.04 / 13:25
FIVE
Compilation
Analysis
Election
show
Features
BJP’s Surat victory: From unopposed wins to crowded contests, what data shows
unopposed win may be a rare feat, but certainly not a first, as there have been 13 such instances when a candidate got elected unopposed in the 15 general elections held since 1962, a Mint analysis of data compiled by the Trivedi Centre for Political Data shows. Three such candidates were elected in 1962, while the most in a single election—five—came in 1967. After that, such instances got rarer, with no such case since 1989, until Surat in 2024.
25.04 / 12:57
FIVE
Enterprise
Swimming
country
hospital
travelers
International
IHG Hotels & Resorts and Brigade Group ink deal for maiden InterContinental hotel in Hyderabad
Brigade Group to develop a 300-room InterContinental brand hotel in Telangana. The hotel, named InterContinental Hyderabad Neopolis, will bring together IHG's global expertise in hospitality management and Brigade Group's expertise in real estate development to create a world-class hotel that meets the needs of discerning travellers. The proposed property is first InterContinental property in Kokapet, Hyderabad and will be a part of Brigade's mixed-use development project, expected to be operational by 2029.
25.04 / 12:01
Provident
FIVE
CEO
Strategy
Department
asset allocation
Barclays Wealth Management head of asset allocation Jean-Paul Jaegers departs
Jaegers joined Barclays Wealth in 2018 as director of macro investments, and was then promoted to head of investment strategy in 2019. He took on his most recent role in July 2019, where he was responsible for leading the team to provide asset allocation for multi-asset fund ranges and discretionary investment accounts. Barclays names private bank and wealth management CEO Before joining Barclays, he was a senior investment strategist for multi-asset funds at Prudential UK for three years, and prior to that he spent five years at BNP Paribas Asset Management, first as a senior port...
25.04 / 10:53
markets
FIVE
Action
Strategy
wellness
performer
guidelines
Mutual Funds: Monthly SIP of ₹4,000 in this value scheme since inception would have grown to ₹1 crore
mutual fund’s past performance gains a lot of significance. And at the time of examining the past returns, it is advisable to check the historical returns of a number of years and compare them holistically over a period of time to gauge the possibility of returns one can earn in future. ALSO READ: Mutual Funds: Small, mid cap funds saw massive surge in folios in March Here, we randomly select one value mutual fund — Tata Equity P/E Fund — which has delivered healthy returns in the past 19 years across different time periods, particularly via systematic investment plans (SIP) investment.
25.04 / 10:53
Target
MET
FIVE
Ball
wellness
reports
Tomorrow's IPL Match: KKR vs PBKS — who will win Kolkata vs Punjab clash? Fantasy team, pitch report and predictions
Tomorrow's IPL Match: Kolkata Knight Riders (KKR) will take on Punjab Kings (PBKS) on April 26 at the Eden Gardens in Kolkata. DC, having won five out of seven matches, are at number two on the points table at the moment. They have won two out of their last five matches.
25.04 / 10:53
FIVE
Election
Actor
social
song
reports
Lok Sabha Elections 2024: Bhojpuri actor Pawan Singh in trouble? 5 cases of MCC violation filed against poll candidate
Bharatiya Janata Party (BJP) candidate from Asansol, quit after the announcement, only to declare his candidature from Karakat, Bihar, as an independent. According to reports, Pawan Singh was accompanied by his supporters in more than 100 vehicles during Tuesday's roadshow in Karakat. Bikramganj sub-divisional magistrate Anil Basak on Thursday said that the administration had given permission for only five four-wheelers.
25.04 / 10:21
markets
FIVE
economy
wellness
country
hospital
rights
ITC plans to open more hotels overseas: Sanjiv Puri
ITC plans to open more hotels overseas with neighbouring countries and the Middle East as primary target markets after opening of its first international property here, company Chairman and Managing Director Sanjiv Puri said on Thursday. The company's arm ITC Hotels, which had opened 22 new properties in the last 24 months, plans to add another 70 hotels in the next five years in India as part of expansion plans in the hospitality sector. Besides the hotels business, the company will look for opportunities to expand the presence of FMCG and other verticals in new overseas markets as well. «We are open to exploring opportunities that come about. I think we have strong credentials in hospitality which we can take outside India now. Very clearly at the moment the focus is on proximal markets, be it for hospitality, be it for FMCG...,» Puri said here at a press conference after the opening of the 352-room luxury property, ITC Ratnadipa here.
25.04 / 10:21
Citi
Provident
FIVE
CEO
Platform
community
reports
Puravankara arm Provident Housing raises Rs 1,150 crore from HDFC Capital
Provident Housing, a wholly-owned subsidiary of realty developer Puravankara has raised Rs 1,150 crore from HDFC Capital Advisors, the real estate private equity arm of HDFC Group, to support future growth and expansion plans. This strategic collaboration between the developer and India’s largest residential investment platform, is expected to lead to an addition of 6.2 million sq ft of new projects to the ongoing 14.8 million sq ft. This combined portfolio will hold a gross development value of Rs 17,100 crores, which will be delivered over the next five to six years.
25.04 / 10:21
FIVE
security
Election
love
Diversity
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place
Attingal Lok Sabha election 2024 Phase 2: Voting to take place on April 26, check key candidates, schedule and more
Attingal constituency is set to take place on April 26, 2024. The Election Commission of India had released the final schedule for the voting and result announcement in March. Voting for the Attingal Lok Sabha seat is scheduled for April 26, 2024, during Phase 2 of the elections. The results will be declared on June 4, 2024.
25.04 / 09:27
markets
Provident
FIVE
ETF
Aware
Research
recommendations
Mutual Funds, Stock Market to Public Provident Fund: Top five investments that can make you rich
Top 5 investments that can make you rich: Becoming wealthy often requires a combination of financial discipline, smart investing, and patience. Investing in the stock market, either directly or through mutual funds or ETFs, can yield significant returns over time. Real estate, whether through rental properties or REITs, provides rental income and long-term appreciation.
25.04 / 08:43
UPS
FIVE
Man
Strategy
Universities
reports
The hot new hedge fund of 2024 has been hiring from Morgan Stanley & Jane Street
Jain Global, the hedge fund founded by Bobby Jain, the former Millennium co-chief investment officer, is still hiring ahead of its launch in July. Its latestportfolio management recruits include macro traders in Singapore and Frankfurt and a formertrader from Jane Street in New York.
25.04 / 08:15
markets
BTC
FIVE
Bitcoin news
ETF
Bitcoin
play
Bitcoin Price Prediction: BTC Hits $64,165 Amid Market Fluctuations and ETF Inflows in Play
Today, Bitcoin (BTC/USD) shows modest growth, trading at $64,165. This Bitcoin price prediction explores this slight uptick in detail, highlighting the cryptocurrency’s resilience in a fluctuating market.
25.04 / 08:03
markets
UPS
FIVE
Platform
Strategy
Research
Interviews
Shiprocket's back to its favourite accelerant: acquisitions
BENGALURU : Two years after the Zomato- and Temasek-backed Shiprocket gained its unicorn status, the logistics startup has embarked on a tried-and-tested route to accelerate growth—through acquisitions. Shiprocket is scouring for companies specialising in marketing and advertising tools, conversion and data platforms, customer experience enhancements, capital and lending services, and cross-border enablement, said co-founder and chief executive Saahil Goel in an interview with Mint. Goel declined to disclose the company's current cash reserves.
25.04 / 06:49
markets
UPS
Provident
FIVE
performer
recommendations
Dividend yield MFs deliver up to 133% return in just 3 years. Should you invest?
The top three schemes offered an absolute return of more than 100% in the last three years. ICICI Prudential Dividend Yield Equity Fund, the topper in the category, gave an absolute return of 133% in the last three years. HDFC Dividend Yield Fund gave an absolute return of 111% in the said period.
25.04 / 06:49
FIVE
Citizens
Remark
President
stage
Sharad Pawar NC promises reservation beyond 50% cap, end Agnipath scheme, change CAA, NRC & UAPA
As per the manifesto, titled 'Shapatnama', the NCP (SP) commits to reviewing and suggesting modifications to various laws. These include the Citizenship (Amendment) Act (CAA), National Register for Citizens (NRC), Unlawful Activities (Prevention) Act (UAPA), and other laws that are deemed 'conflicting' with constitutional principles. The manifesto also highlights the party's stance on empowering state and local governments. It emphasizes the need for reviewing power distribution and ensuring the enforcement of constitutional amendments.
25.04 / 06:33
FIVE
Digital
Sustainability
Cycling
stage
FPO marks the start of Vodafone Idea 2.0, says Kumar Mangalam Birla
Vodafone Idea’s ₹18,000-crore follow-on public offer, India’s largest FPO to date, marked a turning point for the telecom industry. Calling the third-largest carrier a ‘national asset’, he said Vodafone Idea would stage a smart turnaround on the back of the fundraise and support from banks. “This moment in some ways marks the beginning of Vodafone Idea 2.0.
25.04 / 06:33
FIVE
Google
Action
Software
track
AI bot evolution: Agents will be the next big thing in artificial intelligence
Bill Gates wrote a prescient blog recently on how agents will be the next big thing in software (bit.ly/3tSMNkB). In his inimitable style, he explained: “To do any task on a computer, you must tell your device which app to use. You can use Microsoft Word and Google Docs to draft a business proposal, but they can’t help you send an email, share a selfie, analyze data, schedule a party, or buy movie tickets.
25.04 / 05:21
markets
UPS
FIVE
Man
Trade
Ashish Kacholia's name appears in shareholding pattern of multibagger stock Man Industries
Ashish Kacholia portfolio: Shares of Man Industries (India) Ltd are one of the multibagger stocks that the Indian stock market has delivered in recent years. This multibagger stock has doubled investors' money in the last six months whereas, in one year, this Ashish Kacholia portfolio stock has given more than 350 percent return to its positional shareholders. However, it seems that ace investor Ashish Kacholia is still bullish on this multibagger stock.
25.04 / 03:31
UPS
FIVE
Digital
Manufacturing
economy
wellness
rights
Markets & Mandate: Where to invest in E-M-I basket going forward
Nilesh Shah, MD & CEO, Envision Capital, says over the next 5 to 10 years, the pecking order in the Energy, Manufacturing, Infra (EMI) space will still be dominated by ABB, Siemens, L&T. These are essentially the companies which essentially are going to be the enablers of the EMI space. I do not think they are going to get bigger and bigger and you are really not seeing new players coming in there and they have the trust of their customers because these are such critical equipment that you are not going to compromise on anybody else and you are essentially going to go for the established players. It is these kinds of companies which will continue to dominate for the foreseeable future. Shah says: “Within EMI, if I were to use energy as well as infra, Hitachi Energy has been a position that we have now owned for three, three-and-a-half years. In this space, we have been owning KSB, which we have partly exited. We have been owning TD Power. We have been owning Jash Engineering” We currently are a $4 trillion economy. The financial market is about $4-4.5 trillion. In the journey from $4 to $10 trillion, when it will happen, we do not know. What will happen is what we both know, which is that $5-6 trillion will get created in the next three to five years. Do you agree with me? Nilesh Shah: Yes, that is right.
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