FIVE Financial News
18.12 / 07:51
Citi
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reports
Nifty Realty index soars 77% in 2023 so far amid residential sales boom; Prestige Estates, Brigade, DLF top gainers
Also Read: Real estate trends: Will the sector witness a rise in women homebuyers in 2024? Experts decode In just the first nine months of 2023, the total residential property sales value is already 7% higher than the whole of last year, with the top 7 cities seeing inventory worth approx. ₹3,48,776 crore sold in this nine months period, as per data by ANAROCK Property Consultants. Between January and September 2023, approx.
18.12 / 07:41
FIVE
Experts
performer
recommendations
Benchmarks
50% equity mutual funds fail to beat their benchmarks in 2023
Small cap and mid cap category were the worst hit in 2023. Both the categories had around 83% underperformance. There were around 24 small cap schemes in the market and 20 schemes failed to beat their respective benchmarks in 2023. There were around 29 mid cap schemes in the market and 24 schemes failed to beat their respective benchmarks.
18.12 / 07:03
FIVE
love
stage
country
reports
EAM S Jaishankar compares UNSC to ‘old club,’ says ‘set members don't want to let go of the grip’
S. Jaishankar, addressing the Rotary Institute 2023 event in Bengaluru on Sunday, took a pointed swipe at the United Nations Security Council (UNSC). As reported by ANI, He likened it to an “old club" where existing member nations resist admitting new members, fearing a loss of control.
18.12 / 04:03
FIVE
Coinone
Platform
Crypto Exchange
reports
South Korean Crypto Exchanges Scrap for Survival as Upbit Dominance Wanes
A “tectonic rift” is threatening to separate the South Korean crypto exchange Upbit from its rivals, as tensions begin to fray between domestic platforms.
18.12 / 03:35
FIVE
Remark
film
show
audience
stars
reports
Animal Box Office collection Day 17: Ranbir Kapoor's film becomes highest-grossing Hindi film in Canada, Australia
₹15.00 cr net in India. With this, the film has crossed ₹500 mark in India collection, Sacnilk.com report shows the film has collected a total of ₹512.94 crore in India net. The report also showed that the film saw an overall 24.97 percent occupancy in Hindi language while 24.27 percent in Telugu language.
18.12 / 02:39
FIVE
Reuters
MSCI
Nikkei
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testing
Asian shares slip into BOJ meeting, US inflation test
The Bank of Japan (BOJ) meets Tuesday amid much chatter that it is considering how and when to move away from negative interest rates. None of the analysts polled by Reuters expected a definitive move at this meeting, but policy makers might start laying the groundwork for an eventual shift. April was favoured by 17 of 28 economists as the kick-off for negative rates to be scrapped, making the BOJ one of the few central banks in the world actually tightening. «Since the last meeting in October, 10-year JGB yields have fallen and the yen has appreciated, giving the BOJ little incentive to revise policy at this stage,» said Barclays economist Christian Keller. «We think the BOJ will wait to confirm the result of the 'shunto' wage negotiations next spring, before moving in April.» Japan's Nikkei lost 1.2%, weighed in part by a firm yen.
17.12 / 21:37
Provident
FIVE
Gap
Airlines
country
International
GMR mops up Rs 3,215-crore funds for Vizag International Airport
GMR Visakhapatnam International Airport, said people with knowledge of the matter, paving the way for the GMR Group to build its fourth airport in the country. GMR Airports currently operates the Delhi, Hyderabad and Goa airports in India, and an airport each in the Philippines and Indonesia. Among the five lenders, REC has sanctioned the highest amount of Rs 1,245 crore, followed by India Infrastructure Finance Company (IIFCL) (Rs 860 crore) and Exim Bank (Rs 455 crore), the people said. The other two members in the consortium are Central Bank of India which sanctioned Rs 364 crore and Bank of Maharashtra that has agreed to lend Rs 291 crore, the people said. The project cost, estimated to be Rs 4,727 crore, would be funded by Rs 3,215 crore debt of debt, equity and equity-linked instruments of Rs 1,377 crore and an Andhra Pradesh government grant of Rs 135 crore.
17.12 / 19:01
FIVE
Digital
Progressive
Career
PwC
Deloitte
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Amid continuing global headwinds, many senior execs from tech companies join ‘big four’ as partners
Tech firms such as Accenture, IBM and Genpact have lost talent, said the people, along with Infosys, Wipro, TCS, HCL Tech and Tech Mahindra, with some of their senior executives moving either to consulting roles as Partners or senior level implementation and operations roles at the top four professional services firms.
17.12 / 17:56
FIVE
Manufacturing
CEO
Fighting
performer
social
prevention
2024
What Sebi needs to consider in its 2024 agenda
financial planning, asset allocation and execution. Presently the focus is on regulating them more and more. Some aspects of a recently proposed regulation could even be called draconian, making one wonder whether the regulator is suggesting the RIAs and RAs shut shop.
17.12 / 17:55
FIVE
performer
cover
information
2020
Speculation
FinMin revises letter, scotches PSU bank merger speculation
MUMBAI : The Union finance ministry has rectified the agenda of a parliamentary committee meeting scheduled for early next year, putting an end to speculation of a potential merger of public sector banks—UCO Bank with Union Bank of India, and Bank of India with Bank of Maharashtra. In a letter addressed to, among others, the bank chiefs of the four PSU banks and Reserve Bank of India governor on Thursday, the finance ministry said that the members of the parliamentary committee would hold informal discussions with UCO Bank and Union Bank, besides Bank of India and Bank of Maharashtra, over the “regulatory mechanism in post-merger scenario".
17.12 / 17:55
FIVE
Reuters
CEO
Assurant
information
2020
reports
Are Bank of Maharashtra, BoI, Union Bank, UCO Bank on govt’s merger list?
Bank of Maharashtra, and Union Bank and UCO Bank. According to a report by Reuters citing the document, a parliamentary panel will hold discussions with the four government-owned banks early next year under banking laws which among other things govern mergers and acquisitions. The informal discussions will be held with representatives of UCO Bank and Union Bank of India on January 2, 2024, and between Bank of Maharashtra and Bank of India on January 6, 2024 in Mumbai and Goa.
17.12 / 17:23
Citi
FIVE
Digital
CEO
pandemic
show
information
place
Underbidding now taking place in many real estate markets across Ontario: realty company
A digital real estate company has been analyzing the data across a good portion of the province and says prices and sales have dropped, with some underbidding now taking place in many areas.
17.12 / 17:21
FIVE
awards
voice
audience
exclusive
The Voice Season 24 finale release date, time, where to watch live
The Voice" Season 24 finale is here. The culmination of «The Voice» will unfold in a gripping two-part finale, featuring a live two-hour episode. This pivotal episode will witness the last five contestants narrowing down to a single winner. The ultimate victor, chosen through a combination of coach and audience voting, will be awarded a grand prize of $100,000 along with an exclusive record deal with Universal Music Group. In addition to the coveted rewards for the winner, this year's runner-up will also enjoy some impressive perks. The top two contestants will be treated to an all-expenses-paid trip to Universal Studios, enhancing the overall experience for both finalists and adding an extra layer of excitement to the highly anticipated conclusion of «The Voice».
17.12 / 16:57
FIVE
BLOCK
Strategy
Align
performer
prevention
Little time left for INDIA bloc to get act together
alliance have left much to be desired on this front. I wonder if the alliance leaders realize that failing to present a clear agenda this time might lead to a larger defeat at the next general elections. Time is not in their favour.
17.12 / 16:45
FIVE
Netflix
Rhythm
Adventure
show
audience
Rick and Morty Season 7 Episode 10: Counting down to the finale, check release date and time
Justin Roiland to the mind-bending plots that have unfolded, the latest season has been a rollercoaster of emotions. As the finale, titled 'Fear No Mort,' approaches, let's delve into the details, ensuring you don't miss the epic conclusion.
17.12 / 14:43
FIVE
stage
country
'Like an old club, set members don't want to let go of the grip': Jaishankar takes dig at UN Security Council
United Nations Security Council, External Affairs Minister S Jaishankar said that it is like an «old club» where member nations are unwilling to admit new members as they perceive it as losing the grip. In his address at the Rotary Institute 2023 event in Bengaluru on Sunday, Jaishankar said that the members of the «club» do not want their practices to be questioned. «Security Council is like an old club, where there are set members who don't want to let go of the grip. They want to keep control over the club.
17.12 / 14:13
FIVE
CEO
Strategy
stage
beautiful
reports
Are lab-grown diamonds a better investment than natural diamonds?
Lab-grown diamonds have moved beyond the stage of uncertainty and are now in the growth phase. More and more people are turning to lab-grown diamonds, which are real diamonds created in a laboratory using advanced technology. Lab-grown diamonds have the same physical and optical properties as mined diamonds and are certified by trusted laboratories. They are indistinguishable from natural diamonds and offer the same beauty and durability. Moreover, they have several advantages when it comes to investing in the future.
17.12 / 12:15
Citi
Waves
FIVE
Manufacturing
CEO
prevention
A Shale Oil CEO’s Second Act: Going Green
For almost a decade, Tony Sanchez III was the epitome of a shale-boom CEO—furiously drilling oil wells, piling on debt and hunting quail and nilgai with fellow executives near his family’s ranch in South Texas. Then tumbling oil prices and heavy debt helped send his company, Sanchez Energy, into bankruptcy in 2019.
17.12 / 11:45
FIVE
Yellow
Instagram
social
fun
stars
testing
Mumbai
Rohit Sharma's wife, Harsha Bhogle react after Indian skipper removed as Mumbai Indians captain
Rohit Sharma as captain of Mumbai Indians continues to make buzz on social media. On Friday, Hardik Pandya was named Mumbai Indians captain, replacing highly-successful Rohit Sharma, who led the IPL giants to five trophies, a feat only equalled by MS Dhoni-led CSK. Though Rohit Sharma has not reacted yet, his wife Ritika Sajdeh has responded to a social media post from Chennai Super Kings. Ritika Sajdeh reacted with a yellow-coloured heart sign to CSK's Instagram post of «2013 — 2023: A decade of spirited challenge! Much respect, Rohit!». Yellow is a jersey colour of Chennai Super Kings. Ace cricket commentator Harsha Bhogle in a post on X said that the move to name Hardik Pandya captain of Mumbai Indians was expected after the Pandya in November moved from Gujarat Titans (GT) to his former franchise Mumbai Indians (MI) in a trade between both franchises. Hardik had led GT to title win in their debut iin 2022 while it finished runners-up in their second season.
17.12 / 11:45
Target
FIVE
Manufacturing
country
Post Adani takeover, ACC-Ambuja Cement EBITDA rises to Rs 1,350/tonne
Adani Group taking over ACC and Ambuja Cement, the EBITDA has risen to Rs 1,350 per tonne from Rs 350 and the group is looking to scale it up to Rs 1,400 by 2024, sources said. In a move to broaden its business verticals, Adani Group last year acquired Ambuja Cement Ltd and ACC Ltd. Ambuja Cement has a cement capacity of 31 million tonne per annum with 6 integrated cement manufacturing plants and 8 cement grinding units across the country.
17.12 / 11:43
FIVE
country
hospital
donates
Construction of proposed mosque in Ayodhya likely to begin in May
Ayodhya mandated by the Supreme Court in its Ram Janmabhoomi-Babri Masjid case verdict is expected to begin in May, people associated with the project have said. The Indo-Islamic Cultural Foundation Trust, which is tasked with building the mosque in Ayodhya's Dhannipur, also intends to appoint in-charges in different states starting in February to raise funds. Settling a fractious issue that goes back more than a century, the Supreme Court in a historic verdict on November 9, 2019, backed the construction of a Ram temple at the disputed site in Ayodhya and ruled that an alternative plot be found for a mosque in the Hindu holy town.
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