FIVE Financial News

19.04 / 13:13
markets MET FIVE Universities information reports Wipro reappoints Azim Premji as non-executive, non-independent director; Rishad Premji as whole-time director
Wipro's board of directors has reappointed Azim H. Premji as Non-Executive, non-independent director of the company while re-appointing Rishad A. Premji as the whole-time director for a period of five years with effect from July 31, 2024, to July 30, 2029. Rishad Premji's whole-time director post is designated as Executive Chairman.
19.04 / 12:56
Provident FIVE Bill pandemic show reports Liquor sales in movie theaters, to-go sales of cocktails included in New York budget agreement
New York would expand access to booze under a series of measures unveiled on Thursday as part of a larger state budget agreement
19.04 / 12:01
COST FIVE SUN Research show country Bjorn Lomborg: Why solar and wind power aren’t winning
We are constantly being told that solar and wind are now the cheapest forms of electricity. Yet governments around the world felt they had to spend US$1.8 trillion on the green transition last year.
19.04 / 09:19
markets UPS FIVE Trade information recommendations stake Ashish Kacholia portfolio: 'Big Whale' raises stake in multibagger stock that has surged 280% in one year
Ashish Kacholia portfolio: Shares of Sanjivani Paranteral Ltd are one of the multibagger stocks that the Indian stock market has produced in recent years. This multibagger pharma stock has risen to the tune of 300 percent in the year but it seems that ace Indian stock investor Ashish Kacholia is still bullish on this small-cap stock. Ashish Kacholia's name has appeared in the shareholding pattern of Sanjivani Paranteral Ltd for the January to March 2024 quarter.
19.04 / 09:19
COST FIVE security trends Experts reports HDFC Bank Q4 results tomorrow: Net profit likely to jump 30%, NII growth seen at 24% YoY with stable NIM
HDFC Bank Q4 results are scheduled to be released on Saturday, April 20. India’s banking sector is expected to report relatively soft earnings during the January - March 2024 quarter characterized by net interest margin (NIM) pressure, steady loan growth but softer deposit growth, and cost pressures with the impending impact of wage hikes and pension provision for a few, analysts said. On the positive side, lower credit cost and better recovery trends are expected to support banking sector earnings in Q4FY24.
19.04 / 09:19
Provident FIVE Entertainment Podcasts cricket bowling NOT After Rohit Sharma, Zaheer Khan speaks out against Impact player rule: ‘You will find half all-rounders not a…’
Dale Steyn in awe of MS Dhoni's batting in IPL 2024: 'I don't watch lot of TV, but…' Zaheer Khan while agreeing with the Indian captain's contention in an interaction with JioCinema stated, "I completely agree it's debatable, little concern for sure. But we need to find a way on how to deal with it.
19.04 / 08:53
markets Target FIVE Action Gap BDL recommendations ICICIDirect is positive on Reliance and Bharat Dynamics. Dharmesh Shah explains why
Dharmesh Shah, Head-Technical, ICICI Direct, says “Reliance is a pure proxy play on oil and gas and telecom. We believe this stock, after witnessing a sharp move from Rs 2,800 to Rs 3,000, has been consolidating in a strong bull candle for a long time. Once things get settled in the market, we should see a primary uptrend for Reliance, where Reliance can be considered for a target of around Rs 3,050, keeping a stop loss of Rs 2,790. Bharat Dynamics has been consolidating for the last five weeks. We remain positive on Reliance and BDL in the near term.” How did the setup look? Did it look like there was a breakdown in the first place or were you already getting a sense that today's dip will be bought? What are you recommending your clients today after looking at the price action that has happened in the first half of the session today? Dharmesh Shah: In the morning, it was a very panic-type situation. The Singapore Nifty opened a gap down of about 300-400 points. Historically, when such events come, once the anxiety settles, the market generally has a tendency to move up. We believe once this anxiety gets over, maybe in a week, things should get settled and 21,700, 21,600, like in last month's low should hold.
19.04 / 07:53
markets IPO FIVE Manufacturing Trade band Ramdevbaba Solvent IPO allotment to be out today; GMP, steps to check allotment status
Also Read: Vodafone Idea FPO day 2: GMP, subscription status to review. Should you subscribe to this ₹18,000 crore issue? Ramdevbaba Solvent IPO registrar is Bigshare Services Pvt Ltd.
19.04 / 07:53
markets FIVE Trade Experts recommendations stake Porinju Veliyath portfolio: Small-cap Czar raises stake in multibagger pharma stock that has surged 200% in one year
Porinju Veliyath portfolio: Kerala Ayurveda shares are one of the multibagger stocks that the Indian stock market has delivered in one year time. This small-cap multibagger stock has risen over 200 percent in one year and around 325 percent in the last five years. However, the Czar of small-cap stocks in India, Porinju Veliyath is still bullish on this multibagger pharma stock.
19.04 / 07:53
FIVE Action information Canara Bank sets May 15 as the record date for 1:5 stock split
Canara bank stock split: Canara Bank an Indian public sector bank, has declared its record date for the purpose of stock split. On Friday, April 19, the PSU bank informed the same via an exchange filing.
19.04 / 07:05
COST FIVE CEO performer reports Updates Commentary Wipro Q4 Results Live Updates: IT major likely to post muted earnings; all eyes on FY25 guidance, new CEO’s plans
₹2,746 crore. The company’s IT services revenue is likely to grow 0.18% to $2,661 million sequentially, while in rupee terms, the revenue may fall by 0.28% QoQ due to macro impact and continued softness in verticals.
19.04 / 07:03
Citi Target FIVE President information reports 5 Japanese workers escape suicide bombing in Pakistan, 3 bystanders injured
e suicide bombing incident that took place in Pakistan's port city of Karachi, said police, adding that the attacker detonated his explosive-laden vest near a van carrying the workers. Local police chief Arshad Awan said said the vehicle was heading to an industrial area where five Japanese nationals worked at Pakistan Suzuki Motors, The Associated Press reported. Police escorting the Japanese returned fire after coming under attack, killing an accomplice of the suicide bomber whose remains were found from the scene of the attack.
19.04 / 05:59
markets COST UPS FIVE economy reports Average long-term US mortgage rate climbs above 7% to highest level since late November
Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months
19.04 / 00:40
markets FIVE Digital Astec reports Schools rights stake Godrej split: Board exits done, stake divestment to follow
Nadir Godrej resigned from the board of Godrej & Boyce earlier this year, while Jamshyd Godrej relinquished his seat on boards of GCPL and Godrej Properties. The amicable separation is between two branches of the founding family with Adi Godrej and brother Nadir Godrej on one side and their cousins Jamshyd Godrej and Smita Godrej Crishna on the other. The latter two are brother and sister.
18.04 / 20:50
markets FIVE Booking Career CEO President Freedom Steward adds $488M with twin acquisitions
Steward Partners, an employee-owned financial services firm, has made a sizable addition to its book of business by welcoming two new teams. On Thursday, the hybrid announced its acquisition of Monaco Capital and Saling Simms, adding $488 million in client assets.
18.04 / 17:51
FIVE Cooper RBI imposes monetary penalty of ₹60.30 lakh on five co-operative banks. Details here
₹60.3 lakh on five cooperative banks for contravention of various regulatory norms. A penalty of ₹43.30 lakh has been imposed on Rajkot Nagarik Sahakari Bank for non-compliance with RBI directions on 'ban on loans and advances to directors and their relatives, and firms/concerns in which they are interested', 'prohibition on opening of saving bank accounts in the names of certain bodies/organizations' and 'maintenance of deposit accounts'.
18.04 / 17:51
UPS FIVE Discover band performer reports TCS wasn't kidding when it ordered staff back to office
Tata Consultancy Services are discovering the hard way, after receiving lower pay hikes than their colleagues who dutifully turn up at their desks. TCS assessed office attendance, among other metrics, before rolling out annual wage hikes to over 600,000 employees earlier this week, five employees at India's largest private sector employer said. This also makes TCS potentially the first to use office check-in as one of the metrics to determine pay hikes.
18.04 / 15:23
FIVE Digital security track innovations reports Schools India Inc sees 67 deals valued at $648 million in Q1 of 2024: report
technology sector particularly flourished, experiencing a 25% increase in deal values compared to the previous quarter, driven by five high-value deals (≥$50 million), constituting 59% of total deal activity, Grant Thornton Bharat's Q1 Technology Dealtracker said on Thursday. The report stated that despite a funding slowdown and economic uncertainty, India’s tech startup ecosystem secured the fourth-highest funding globally. Further, it said that Krutium AI emerged as one of the two unicorns in the quarter. Both M&A and PE activity witnessed increased deal activity over last two quarters.
18.04 / 12:41
Provident FIVE Bill information stars Features rights Comprehensive buying guide for ACs: How to choose the right cooling companion this summer
window ACs and split ACs are comparatively expensive. Also read: Best split ACs: 10 perfect picks of April 2024 to keep your home cool during peak summer months Once you are done selecting the air conditioner type, it is time to pick the capacity. ACs come in different sizes according to the cooling capacity.
18.04 / 12:41
markets UPS FIVE CEO Software Experts Infosys Q4 result: Net profit jumps, attrition rate declined; top 5 highlights of Infosys Q4 earnings
₹7,975 crore for Q4FY24 against a profit of ₹6,134 crore in the same quarter last year. Its revenue for the quarter under review came at ₹37,923 crore, up 1.3 per cent YoY. The company said its revenues in constant currency (CC) terms remained flat YoY and declined by 2.2 per cent QoQ.

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