FIVE Financial News

The swift and safe evacuation of a Japan Airlines jet that caught fire after hitting a Coast Guard aircraft while it was landing Tuesday at Tokyo’s Haneda airport reflects the carrier's dogged dedication to safety, born of hard experience

Indian navy commandos have safely evacuated 21 crew members from a Liberian-flagged bulk carrier involved in a hijacking attempt in the Arabian Sea

Dilip Bhikhalal Desai, co-founder & chairman of professional services firm DHC Advisory LLP, has purchased a sea-view luxury duplex apartment in a super-premium tower opposite the Breach Candy Club in South Mumbai’s plush Breach Candy locality for over Rs 85 crore. The transaction values the apartment spread over 5,874 sq ft on the 10th and 11th habitable floor of super-luxury residential tower Bishopsgate at nearly Rs 1.45 lakh per sq ft, pushing it higher in the tally of most expensive homes sold on per sq ft basis anywhere in the country. Kolkata-based Desai has acquired the property along with his wife from a private family trust based out of Mumbai. The buyers have paid Rs 5.10 crore as stamp duty alone for the registration of the deal that took place on December 13. As per the agreement, the buyer will also get exclusive access to a total five covered car parking slots in the tower along with the duplex apartment, showed the documents accessed through IndexTap.com. Mumbai-headquartered DHC Advisory is among the oldest Indian professional services firms with presence across 11 cities and 20 offices.

Men's T20 World Cup, which is set to commence from June 1. While the opening match will be played between hosts USA and Canada, the ball will roll for the marquee clash between India and Pakistan on June 9 in Nassau County International Cricket Stadium in Long Island. Joint hosts West Indies will play Papua New Guinea in Guyana on the second day of group play. The tournament is divided into four groups of five teams each, with the top two teams from each group moving on to the Super Eight stage of the competition, which takes place before the knockout semifinals and final match. The group stage matches are scheduled between June 1 to June 18 and the Super 8 matches will be played from June 19 to June 24. The two semi finals will be played on June 26 and 27, while the final will be played in Barbados on June 29.

companies are unlikely to have much to cheer about in 2024 if early funding figures are anything to go by. Investments in startups in the first week of 2024 dropped by about 88% from the same period a year ago, totalling $35.8 million across eight deals. In volume terms, deals were down 86% from 59 a year earlier.

Alger Group Holdings, the $22 billion fund manager run by Dan Chung, agreed to acquire Redwood Investments as the growth equity investor seeks to expand further. 

Delhi Winter: Cold is expected to persist in Delhi for the next three days as the city recently witnessed its coldest day conditions in two years. A layer of lifted fog throughout the day, coupled with frosty northerly winds, contributed to the chill, with the maximum temperature at Safdarjung plummeting to 12.5 degrees Celsius, marking a 'severe cold day' as per the Indian Meteorological Department.

here to vote for their favourite player. 1. Shubman Gill: 1.584 runs and 24 catches in 29 matches Gill's most notable performances came in the ODI format, with him finishing the year 2023 with 1,584 runs at an average of 63.36.

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Ashish Kacholia portfolio: Balu Forge shares are one of the multibagger stocks that the Indian stock market has delivered in the last one year. In this time, this Ashish Kacholia portfolio share has risen from around ₹62.50 to ₹289 apiece levels on BSE, delivering to the tune of over 350 per cent to its positional investors. However, it seems that the multibagger stock still possesses upside potential.

By Kantaro Komiya

accused persons arrested in connection with the Parliament security breach on Friday gave their consent before a court here to conduct their polygraph test. Additional Sessions Judge Hardeeep Kaur also extended the police custody of all the accused persons — Manoranjan D, Sagar Sharma, Amol Dhanraj Shinde, Neelam Azad, Lalit Jha and Mahesh Kumawat — by eight days.

Stock Trader's Almanac analysts noted today that despite last year's significant rally in the stock market, the anticipated Santa Claus Rally has failed to materialize this year.

In December, the stock market behaved much like it did throughout 2023. Despite the overall positive outlook, only a few selected companies outperformed the S&P 500 by a wide margin, while most others fell behind big time.

Penny stock under ₹5: Shares of Sylph Technologies Ltd are one of the circuit-to-circuit stocks of Dalal Street. This small-cap stock under ₹5 touched a 5 per cent upper circuit on 29th December 2023. After hitting the upper circuit on the last session of 2023, this penny stock under ₹5 locked in the upper circuit on all first four trade sessions in New Year 2024.

Lok Sabha Election 2024 is due in April-May this year. From new tax regime to changes in rebates, let's take a quick look at six top income tax announcements made by Finance Minister Nirmala Sitharaman while presenting the Union Budget 2023 The rebate limit in the new tax regime has been increased to ₹7 lakh, meaning that persons in the new tax regime with income up to ₹7 lakh will not have to pay any tax.

South African former Paralympic star Oscar Pistorius was released on parole on Friday, nearly 11 years after murdering his girlfriend in a crime that shocked a nation long inured to violence against women. Pistorius — dubbed "Blade Runner" for his carbon-fibre prosthetic legs — shot 29-year-old model Reeva Steenkamp dead through a locked bathroom door on Valentine's Day in 2013.

Pankaj Pandey, Head Research, ICICIdirect.com, says: “We like U GRO Capital. It is a MSME lender. The overall expectation is that the AUM will grow at 50% odd and ROAs will inch up from 1% last year to 3%. We have a target price of Rs 350. We also like Green Ply with a target price of 295. Their MDF plant is operational, the capacity utilization for that should go up going forward and that should fetch better margins. We also like cement as a space, so Birla Corporation is another stock which we are liking with a target price of 1755.” What did you make of the move that we saw within the entire real estate basket, given that it was a stellar up move across the board? Pankaj Pandey: Real estate as a sector has a five, six year cycle, probably we are in the second year of that cycle but unlike 2003 to 2007, our sense is that you will see more of a measured growth both in volumes as well as in pricing, unlike the time earlier when the pricing had sort of gone up.

Stock split 2024: Nestle India's share price witnessed selling pressure in early morning deals on Friday as the stock is trading ex-split today. Nestle India's share price today opened downside and went on to hit an intraday low of ₹2,657 apiece on BSE, logging a nearly 2 per cent dip against its Thursday close of ₹2,711.

Aditya-L1 satellite, India's inaugural space-based solar observatory, is set to arrive at its designated orbit, as informed by the Indian Space Research Organization (ISRO) that the satellite is scheduled to reach its destination orbit on January 6 at 4 pm. Earlier, ISRO Chairman S Somanath told ANI “Aditya-L1 is going to reach its L1 point on January 6 and we are going to do the final manoeuvre to keep it there." Aditya-L1 is anticipated to remain for the next five years. Situated at a distance of 1.5 million km from Earth, the Aditya-L1 satellite, launched from Sriharikota on September 2, will execute a crucial manoeuvre upon reaching L1.

₹71 crore through a pre-IPO placement before submitting the red-herring prospectus to the registrar of companies (ROC). The company said it has allotted 52,59,257 equity shares to five investors at a cost of ₹135 apiece in a public statement advertisement published in Financial Express (FE). Out of the five investors, Rare Enterprise (via Sunil Jugalkishor Anandpara and Hemal Dinesh Shah) was the largest buyer, purchasing 20 lakh shares valued at ₹27 crore.