FIVE Financial News

A South Korean blockchain-based K-pop startup has raised $8 million in its series A funding round.

The Neighborhood season 6, created by Jim Reynolds, is set to return on Monday, February 12, 2024, at 8 p.m. ET on CBS. Executive producers include Jim Reynolds, Cedric the Entertainer, Eric C. Rhone, Aaron Kaplan, Wendi Trilling, Dana Honor, Meg DeLoatch, Bill Martin, and Mike Schiff. The season will consist of 10 episodes, a departure from the usual 22.

New Delhi: State-owned Convergence Energy Services Ltd (CESL) has accrued around 1.4 million tonnes of carbon credits under the Gram Ujala scheme in 2022-23. That’s good for its carbon footprint—just as soon as it finds a buyer. Green energy-focussed CESL is yet to sell the carbon credits, although the sale could even finance the government subsidy provided under the scheme.

NEW DELHI : Recruitment firms linked to BharatPe co-founder Ashneer Grover and his family members used backdated invoices to siphon off funds for work they never did for the fintech unicorn, an investigation by the Economic Offences Wing (EOW) of Delhi Police found. The probe agency also could not trace many firms to which BharatPe had made vendor payments.

By Divya Rajagopal

Herd mentality: In behavioural finance, herd mentality bias refers to the tendency to follow and copy what others are doing. The tendency to join the crowd is a common trait, also known as the ‘bandwagon effect’. Example: most funds are focused on beating the index on a consistent basis.

ICC World Cup 2023 at Wankhede Stadium, the betting world has gained momentum too. Rohit Sharma-led Indian cricket team, which had been unbeaten in the ongoing World Cup tournament, so far is the current favourite for the betters. The two-time world champions will take on Kane Williamson-led New Zealand in a nail-biting semifinal clash, and the excitement is at another level.

Dabur India, is unfazed by the Religare Enterprises Ltd board's resistance to his family's open offer, after initially welcoming it. He says that acquiring Religare will add a crucial piece to the Burman family's growing bouquet of financial products and that the company needs a promoter to re-enter the lending business. In a lengthy interview conducted over two days, Burman stopped short of commending Religare chairperson Rashmi Saluja for the company's recovery while giving "full marks" to the management team for the turnaround.

Keshav Maharaj replaced Mohammed Siraj as the new world No 1 bowler in the latest ICC Men's ODI Bowlers Rankings ahead of the World Cup 2023 semi-finals. The musical chairs for the No 1 bowler spot in the ICC Men's ODI Player Rankings continue with a new No 1 crown for the third time in as many weeks. The competitiveness of the ICC Men's Cricket World Cup 2023 has made it difficult for bowlers to hold on to their top spot.

ICC World Cup 2023 at Mumbai's Wankhede Stadium. “If India is defending a total bowling second, I do believe that will help also because there is scoreboard pressure, you might not be able to get 400 but 260 or 270, that will put pressure on New Zealand," Gavaskar said, while speaking at Star Sports show ‘Game Plan’. Also Read: India vs New Zealand: Here's how toss can become ‘deciding’ factor at ICC World Cup 2023 semi-finals The batting maestro, however, also noted that with the kind of “good" bowling attack that India has, “it doesn't really matter if they are bowling first or bowling second".

One of the world’s biggest exporters of fossil fuels, the United Arab Emirates, is attempting to position itself as a leader in establishing global carbon markets as it prepares to host annual United Nations climate talks this month. Those efforts are coming under scrutiny as a company owned by one of the U.A.E.’s royal families prepares to secure rights to produce carbon credits from a giant expanse of African forest.

₹3.92 trillion against traded value of ₹15.03 trillion. “The rising SIP inflow, which tends to be sticky, and increased direct retail participation are fuelling delivery value, which shows the markets are getting deeper," said Shankar Sharma, founder of GQuant Investech, a wealth management company. Sharma expects the uptrend to continue as long as US interest rates are steady and the war in West Asia doesn’t snowball into a regional conflict, which could send oil prices spiralling.

student housing market is booming, fuelling ample opportunities for growth and spurring expansion among existing players. Student housing operators including your-space, Zolostays and Curated Living are chalking up ambitious expansion plans as they target more than 50% growth in FY24, buoyed by robust demand from both domestic and international students. Curated Living intends to expand its current bed capacity by as much as 2.5 times by end-FY25 while Zolo Scholar, the student housing segment of Zolostays, is looking to double its portfolio by end-FY24. Your-space plans to close this fiscal with 15,000 beds, increasing it to 25,000 by the end of next year. Operators say a bevy of factors are driving the boom in purpose-built student accommodations (PBSAs): India’s young population, increasing enrolment in higher education, surge in students migrating to cities with a greater concentration of educational institutions, growing investor and developer interest, and students’ preference for quality, organised accommodation. Like in the case of 21-year-old Mohammed Ali who zeroed in on Ivy League House (Curated Living’s student housing brand) when he moved from UAE to Pune for studies.

«If everything goes as planned, the trapped labourers will be evacuated by Wednesday,» he said after visiting the tunnel and taking an update on the operations from officials at the site. Most of the day went into preparing a platform inside the tunnel to position the auger machine for drilling through the rubble. The drilling machine and the pipes arrived at the site early on Tuesday.

Canadian group OMERS Infrastructure is steering clear of Australia’s planned renewable energy zones, and says the delays in planning and development are pushing up costs and making investments too risky,

Stellantis says it will offer buyout or early retirement packages to about 6,400 nonunion U.S. salaried employees

If you and I opened a joint savings account and, after a few years, one of us decided to pull out, the division of the remaining balance presumably would have something to do with how much each of us had put in over the years, what the return on our joint savings had been, and what it had cost to run the account (i.e., just how exorbitant the bank charges had been). And, of course, it would help a lot if at the outset we had written down the rules under which either of us could withdraw.

Rahul Gandhi. In an exclusive interview with PTI, Pilot was about Chief Minister Ashok Gehlot's past remarks directed at him. Sachin Pilot said, "Leave it! Who said what...I can be responsible for what I have said or not said.

By Roselle Chen

last World Cup when India had lost in the semifinals against New Zealand. The in-form Men in Blue have the opportunity to avenge that loss against the Kiwis, as the two teams would be squaring off again in a semifinal clash tomorrow (November 15). The match will be played at the Wankhede Stadium in Mumbai.

The allure of dividends has always been a compelling factor for investors. In this article, we'll take a look at companies that not only offer an attractive dividend yield but also consistently and progressively increase their payouts in recent years.