FIVE Financial News

07.12 / 05:33
FIVE BLOCK Bill country blues innovations prevention House backs GOP bill to block EPA rule on tailpipe pollution; slams plan as electric-vehicle mandate
House Republicans have approved a bill to block strict new tailpipe pollution limits proposed by the Biden administration, calling the plan a back-door mandate for electric vehicles
07.12 / 05:33
FIVE President performer social information reports Mortal remains of Karni Sena chief Sukhdev Singh Gogamedi, shot dead in Jaipur, reach Rajput Sabha Bhawan for cremation
Rajasthan's Jaipur on Thursday morning for people to pay their last respects. Sukhdev Singh's last rites will be performed in his native village, Gogamedi, this evening. Sukhdev's supporters laid flowers and paid their tributes to the mortal remains of Sukhdev Singh Gogamedi.
07.12 / 05:33
FIVE Progressive CEO track end Norfolk Southern to end relocation aid right after one-year anniversary of its fiery Ohio derailment
Norfolk Southern railroad plans to stop paying relocation aid to people displaced by last February's fiery derailment in eastern Ohio right after the one-year anniversary of the crash
07.12 / 05:33
Target FIVE innovations information reports Reliance Industries pursuing sugar mill operators for biomass plant plans
Reliance Industries (RIL), India's most valuable company, is in discussions with sugar mill operators to procure sugarcane press mud—a crucial raw material for producing compressed biogas (CBG), as per an Economic Times report citing internal sources. "RIL is actively seeking press mud from large sugar mills to support its CBG plants. The company has approached major sugar mills capable of supplying substantial volumes of press mud daily, spanning various locations nationwide," an executive involved in the discussions told the paper.
07.12 / 04:53
Provident FIVE travelers Now comes the tougher part for Telangana's to-be chief minister Revanth Reddy
Revanth Reddy, who is set to take oath as chief minister of the state on Thursday, faces significant challenges as he takes over the state's leadership. As he takes charge, he must not only tackle the implementation of the «six guarantees» but also navigate opposition from within his own party and from the opposition. The state's financial constraints and debt burden further add to the challenges ahead.
07.12 / 04:53
FIVE awards Southern guidelines India plans to discourage ethanol production to prioritise sugar: Sources
India is planning to discourage the diversion of sugar for ethanol production as part of efforts to ensure sufficient supplies of the sweetener in the local market, government and trade sources said on Wednesday. Lower diversion for ethanol will help the world's second biggest sugar producer in increasing output of the sweetener, which is expected to fall because of below normal rainfall in key growing states. The government could ask mills not to use sugar cane juice and B-heavy molasses — a byproduct with higher sucrose levels — to produce ethanol, they said. India's fuel retailers buy ethanol from sugar mills to blend with gasoline and they were paying higher price for ethanol produced from juice and B-heavy molasses. «After assessing the demand-supply situation, the committee of ministers decided to focus on sugar production this year,» said one of the government sources who declined to be named according to official rules. The government would allow mills to produce ethanol only from C-heavy molasses, a cane by-product that has hardly any sugar content left in it, the second government official said. The new guidelines for ethanol procurement in the 2023/24 marketing year, which commenced on November 1, will be finalised soon and oil marketing companies are likely to honour contracts already awarded, the first source said. The government's move is a setback for the industry, which has invested billions of dollars in the last five years to increase ethanol production capacity, said a senior industry official who declined to be named. «Hopefully, this setback will be short-term, and the government will shift its focus back to ethanol once sugar cane supplies improve,» the official said.
07.12 / 03:53
FIVE Metro Rhythm Actor country singer dance Indian girls are challenging the rest of the world to keep pace
What do girls want? Not girls whose families have access to newspapers like this, but average Indians. Most of the 1.4 billion. From high mountains to the coasts, from desert dunes to the riverine islands, from jungles to the dusty fertile smoky plains, and in the slums of metropolises and gali-koochas of the kasbas.
07.12 / 03:53
FIVE economy MSCI Experts performer cover Why FIIs are pumping money in Indian stock market — explained with 5 reasons
stock market has been climbing to new highs since Friday last week. Nifty 50 index has been hitting new life-time highs for the last four sessions whereas BSE Sensex and Bank Nifty index has been touching record highs for the last three sessions.
07.12 / 03:33
FIVE Digital Software economy GameStop Take-Two reports GameStop misses revenue estimates on slow videogame demand, competition
GameStop missed quarterly revenue estimates on Wednesday as competition grew and consumers dialed back spending in an uncertain economy, hampering the videogame retailer's pivot to a more online-focused model. Sticky inflation and high borrowing costs have led to uneven spending in the gaming industry. Recently, two major players, including Take-Two Interactive Software, gave an underwhelming forecast.
07.12 / 03:33
FIVE Waters Corning Ozon isolate testing Study finds some crops tolerate ozone pollution better than others
ozone pollution, according to a study that opens the door to better models for predicting crop responses to the effects of climate change. The findings, published in the journal Proceedings of the National Academy of Sciences, also pave the way for developing more resilient varieties that can sustain humanity's increasing demand for food, feed, fibre and fuel.
07.12 / 01:21
Citi FIVE Manufacturing CEO Platform 2020 reports Global capability centers follow top tech talent to India’s heartland
global capability centers (GCCs) in India established a base in a tier II city as companies sought to tap new talent markets, according to data from CBRE. In addition, GCCs across sizes and maturity levels are expanding and consolidating their footprint in India even as global technology demand remains cautious.
07.12 / 01:11
FIVE information F&O ban list: SAIL, ZEEL, Delta Corp, 2 other shares placed under futures & options ban for today
F&O ban list: A total of five stocks have been put under the ban for trade on Thursday, December 7, 2023 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.
06.12 / 21:53
FIVE CEO Discover DiRT love beautiful recommendations Advisor focuses on getting ‘a return on life’
For a CEO and founder of a money management company, Taylor Kovar sounds surprisingly  uninterested in money. As the leader of Kovar Wealth Management, it’s not that he doesn’t care about financial matters; it’s just that Kovar cares more about what money means, especially in marriages.  
06.12 / 21:03
FIVE Fox Assurant Pool stage Los Angeles Lakers vs New Orleans Pelicans live streaming: Start time, date, where to watch NBA In-Season Tournament 2023 semi-finals
Los Angeles Lakers led by LeBron James are set to face off against the New Orleans Pelicans, spearheaded by Brandon Ingram, on Thursday night. In the quarter-final, the Lakers emerged victorious against the Phoenix Suns, led by Kevin Durant and Devin Booker, while the Pelicans secured their spot in the semi-final by defeating the Sacramento Kings, led by De'Aaron Fox and Domantas Sabonis.
06.12 / 19:57
FIVE Binance USDT social reports Binance Announces Compensation For Traders Who Bought AEUR Stablecoin During 200% Surge
Binance will compensate users who bought the Euro-pegged AEUR stablecoin during a recent 200% surge, the company said.
06.12 / 19:53
FIVE Digital Platform Mobile Pool country E-sports to be the next big bet
NEW DELHI : Online sporting (e-sports) events are emerging as a big revenue opportunity with growing enthusiasm for the nascent gaming sector in India, industry executives said. The country, with 42.5 crore gamers, second only to China, saw a string of e-sports events this year with substantial prize money on offer. On 27 August, e-sports firm Nodwin Gaming, a subsidiary of the only publicly-listed gaming company Nazara Technologies, concluded the second edition of its Battlegrounds India Master Series (BGMS).
06.12 / 19:21
FIVE Assurant Remark Enterprise Inside information Burmans yet to designate their representative on REL board
Religare Enterprises (REL) contends that the Burman family did not designate any representative to the board following criticism from the Burman family, a major stakeholder, about governance problems after the REL board's reluctance in incorporating shareholder members. «The Burman family has not put forth any nomination for the board of REL,» said an REL spokesperson. However, a Burman family spokesperson told ET that REL had assured shareholders seats on the board, but as of now, no appointments have been made. «We understand that apart from us, other large shareholders were also promised seats on the REL board, but no one has been put on the board to date despite raising this matter several times earlier,» he said. «The fact is that there is no shareholders' representation on the board even though REL is a 100% public shareholder-led company.» REL's current board comprises six members, including chairperson Rashmi Saluja, who has an executive role, and five independent directors. Burman's family had, through various entities, accumulated a 21.5% stake in REL by August.
06.12 / 18:35
Provident FIVE Platform performer Last call for votes: 5-Star Fund Providers and 5-Star Research Platforms
Readers have until Friday to let InvestmentNews know how well their fund providers and investment research platforms are doing.
06.12 / 17:13
FIVE BLOCK Experts Celebrity Conns country testing Decades after Europe, turning blades send first commercial wind power onto US grid
Off the coast of eastern Long Island, an 800-foot tall turbine has begun sending electricity onto the U.S. grid from what’s set to be the country’s first commercial offshore wind farm
06.12 / 17:13
Provident FIVE Fighting Parke cover gay reports DeSantis appointees accuse Disney district predecessors of cronyism; Disney calls them revisionist
Gov_ Ron DeSantis’ appointees to Walt Disney World’s governing district have released a series of reports justifying their takeover of the government and accusing their Disney-controlled predecessors of being a part of “the most egregious exhibition of...

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