FIVE Financial News
08.04 / 23:03
FIVE
Analysis
Election
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West Bengal: 10 out of 37 candidates contesting in 1st phase are crorepatis
Cooch Behar (SC), and Alipurduar (ST) in West Bengal are crorepatis, an analysis of their affidavits said. The West Bengal Election Watch and Association for Democratic Reforms (ADR), which scrutinised the affidavits, on Monday said three independents, two each from the BJP and Trinamool Congress and one candidate each from the CPI(M), Congress, and the RSP are crorepatis. CPI(M)'s Debraj Barman, contesting for Jalpaiguri (SC) constituency, has assets worth Rs 3,89,89,468, the highest among the lot. SUCI's Chandan Oraon, contesting from Alipurduar (ST), is the poorest with assets totaling Rs 12,117.
08.04 / 23:03
Citi
FIVE
Citizens
Action
Sustainability
cover
prevention
Consortium of 2,500 Delhi-based RWAs unveil 24-point citizen wish list
RWAs in the national capital on Monday unveiled a 24-point citizen wish list ahead of the Lok Sabha polls, demanding a sustainable city with better solutions for its air pollution problems, civic issues and governance. The United Residents Joint Action (URJA), in its citizens' charter for the next government, has made nine finance-related obligations, seven fundamental commitments, five leadership commitments and three citizen participation demands, the resident welfare associations (RWAs) group said in a statement. «The URJA's mandate calls for a more liveable, breathable, sustainable city with better solutions for its air pollution problems, civic issues and governance. The charter presents the key challenges faced by citizens of Delhi and their needs along with solutions that will work and specific demands for action,» it said.
08.04 / 19:57
Hollywood
UPS
Citi
FIVE
Netflix
show
bowling
John Mulaney Presents: Everybody’s in LA - When and where to watch live
John Mulaney is gearing up for what might just be his year. Following the success of his David Letterman special and amidst the star-studded lineup of the 2024 Netflix Is A Joke Fest, Mulaney is set to host six shows as part of "John Mulaney Presents: Everybody’s in LA." The laughter will echo at The Hollywood Bowl on May 4, with episodes streaming live on Netflix from May 6 through May 10.
08.04 / 18:55
Provident
FIVE
Digital
Platform
Apple
European Commission
information
compliance
EU assesses Apple's compliance plan for music streaming order
Apple proposal would comply with their order to let Spotify and other music streaming services inform users of payment options outside its App Store, the European Commission said on Monday. The iPhone maker risks antitrust charges and fresh fines if its proposal announced last Friday fails to satisfy the EU competition enforcer, which issued its order together with a 1.84 billion euro ($2 billion) fine last month
08.04 / 18:55
FIVE
Mobile
economy
WhatsApp
country
Lotus will bloom even more: Rajnath Singh on personal attacks against PM Modi
New Delhi: Taking on opposition parties for making personal attacks against PM Narendra Modi, defence minister Rajnath Singh on Monday said that more the mus they throw, more the lotus will bloom. Speaking at rallies in Tamil Nadu, Singh took on the INDIA bloc, saying that debates on the government's policies are welcome but its intentions cannot be questioned.
08.04 / 18:55
markets
UPS
FIVE
CEO
Platform
country
rights
India has cracked the code on drawing foreign capital: Charles Emond, CEO CDPQ
Justin Trudeau's allegations of «potential» involvement of Indian agents in the killing of Khalistani separatist Hardeep Singh Nijjar last June on Canadian soil, the boss of Canada's 2nd largest pension fund, Caisse de dépôt et placement du Québec (CDPQ), said the US and India are the only two outperforming markets in the world. Without getting drawn into the specific allegations New Delhi has rejected as «absurd» and «motivated», Charles Emond, chief executive, CDPQ, said he did not want to comment on government relations, but added «India is an important part of our APAC strategy,» during an exclusive interaction with ET. «And it remains a country where we continue to see strong potential over the long term.» He was recently in India, his first visit since he took over in 2020, just a month before Covid paralysed the world.
08.04 / 17:47
Provident
FIVE
Fighting
President
gay
Courts
orienteering
Disney allowed to pause its federal lawsuit against Florida governor as part of settlement deal
reached a settlement on separate litigation in state court. Disney’s request last Friday to the federal appellate court was motivated by last month’s settlement deal involving two Florida lawsuits between Disney and the DeSantis-appointed Central Florida Tourism Oversight District.
08.04 / 17:27
FIVE
Election
Actor
country
PM Modi compares Congress to 'kadwa karela', calls it 'mother of problems' during Maharashtra rally
Congress with the "kadwa karela" (bitter guard) to imply that the "Congress can never change". ALSO READ: 'Rahul Gandhi took PFI support': Smriti Irani hits out at Wayanad MP ahead of Lok Sabha Election 2024 "Kadave karele ko ghee men talen yaa shakkar men gholen, vo phir bhii kadavaa kaa kadavaa hi rahataa hai. Ye kahaavat Congress par saṭiik laaguu hoti hai. Congress kabhi nahin badal sakti, [a bitter gourd's taste never changes even if it is fried in ghee or mixed with sugar.
08.04 / 17:27
UPS
Target
FIVE
Aware
reports
testing
Are IDBI Bank's potential suitors good enough? RBI is checking
NEW DELHI : The long-delayed privatization of IDBI Bank may be about to speed up, with the central bank examining the suitability of potential bidders. Prem Watsa-backed CSB Bank, Kotak Mahindra Bank and Emirates NBD are among those who have submitted initial bids for the government's majority stake in IDBI Bank, media reports have said. According to two people aware of the matter, the Reserve Bank of India (RBI) is currently studying whether the potential bidders adhere to its 'fit and proper criteria' for running a financial services entity.
08.04 / 15:19
UPS
FIVE
security
film
Bill
reports
Investigations
What to know about the $30 million cash heist in Los Angeles
Police and the FBI are investigating the theft of as much as $30 million in cash from a Los Angeles money storage facility
08.04 / 15:00
08.04 / 14:59
UPS
FIVE
Food
Research
hiv
Universities
patient
Many cancer drugs remain unproven 5 years after accelerated approval, a study finds
Researchers have found that most cancer drugs granted accelerated approval by the U.S. Food and Drug Administration do not deliver on their early promise
08.04 / 14:59
Citi
FIVE
Election
President
travelers
Courts
International
Two years after its historic win, a divided Amazon Labor Union lurches toward a leadership election
The first labor union for Amazon workers in the United States is divided, running out of money and still does not have a contract two years after clenching a historic victory in New York City
08.04 / 14:41
markets
UPS
FIVE
Booking
Healthcare
reports
Interviews
Returned $2 billion, including co-investments, in 5 years: Everstone’s Mehra
MUMBAI : Homegrown private equity firm Everstone Capital has returned almost $1.2 billion through exits in the last five years, a senior official at the firm said in an interview with Mint. The firm has also been backing founders of Indian origin who aim to build global businesses out of the US across healthcare and IT services, which has yielded good returns, said Avnish Mehra, vice chairman – private equity, at Everstone Capital, in an interview. “In the last five years, we have deployed about $600 million and returned to our investors close to $1.2 billion.
08.04 / 14:33
UPS
FIVE
Research
Universities
Schools
inequality
Italian state lender to invest 1 billion euros in 5 years in AI
venture capital arm of Italy's Cassa Depositi e Prestiti (CDP) will invest 1 billion euros ($1.1 billion) over the next five years in artificial intelligence (AI) and cybersecurity, the state lender said on Monday. The government in March had announced its intention to set up an investment fund to promote projects in the AI sector, backed by CDP, as part of its broader push, as chair of the G7, to focus on the impact of AI on jobs and inequality.
08.04 / 13:05
UPS
FIVE
Election
Bill
guidelines
Interviews
Financial
Roadmap for financial sector reforms to be unveiled post polls
IFCI) and launch of the initial public offer (IPO) for India Infrastructure Finance Company Ltd (IIFCL) within weeks of new government taking charge. In the first 100 days, privatization of two PSBs, which has been on the back burner, may be revisited and plans laid out for stake sale in more than one general insurer, and possible merger of two or three general insurance companies after recapitalization, said the second person. Also planned is further consolidation of PSBs to create at least one mega-bank in the short-term.
08.04 / 12:37
UPS
FIVE
Booking
security
wellness
show
NBFC co-lending AUM nearing Rs 1 lakh crore: Crisil
finance companies (NBFC) are nearing Rs 1 lakh crore after more than five years since the model came into being, Crisil Ratings said on Monday. A study of about 100 NBFCs, accounting for over 90 per cent of the sector's AUM, showed that personal loans alone account for about a third of the AUM, followed by housing loans at 20 per cent and unsecured MSME loans and gold loans each making up 13 per cent of the pie. Secured MSME (including loan against property) and vehicle loans comprise the rest 20 per cent of the current overall co-lending book, Crisil said. «Co-lending assets under management (AUM) of non-banking financial companies1 (NBFCs) is nearing Rs 1 lakh crore after more than 5 years since the model came into being,» Crisil said.
08.04 / 11:35
08.04 / 11:35
FIVE
Digital
Maxim
Platform
innovations
Savvy Wealth adds advisor with focus on clients with real estate assets
An advisor with 20 years of financial services experience and a focus on real estate assets in client portfolios is the newest wealth manager at Savvy Advisors.
08.04 / 11:05
FIVE
Election
WhatsApp
DAL
LS polls: SAD (Amritsar) fields slain gangster' s father from Punjab's Ferozepur
Shiromani Akali Dal (Amritsar) Monday named its candidates for three more Lok Sabha seats in Punjab in its second list for the election, fielding slain gangster Jaipal Bhullar's father from Ferozepur. The Simranjit Singh Mann-led party fielded his son Emaan Singh Mann from the Amritsar seat and Harpal Singh Baler from Khadoor Sahib. Bhupinder Singh Bhullar, whom the SAD (Amritsar) fielded from the Ferozepur Lok Sabha seat, is a retired inspector of the Punjab Police. His son Jaipal Bhullar, along with another gangster, was gunned down in an encounter with police in Kolkata in 2021. Jaipal Bhullar had more than 40 criminal cases against him in Punjab, Haryana and Rajasthan.
08.04 / 10:29
FIVE
Ball
security
cover
bowling
IPL 2024: Mumbai Indians secure maiden win after hat-trick of losses - How does points table look after clash with DC?
ALSO READ: IPL 2024: MI's Hardik Pandya clarifies why he didn't bowl after win vs DC, says 'Had it covered...' Looking at some records made during the match, Mumbai Indians became the first team in the IPL to secure their 150th victory, followed by Chennai Super Kings. Also, the franchise became the first team to win 50 matches at its home ground. Among others, it also became the first team that scored 234/5 runs and not a single player scored a half century.
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