FIVE Financial News

Subscribe to enjoy similar stories. The Indian stock market has faced significant turbulence recently, with the Sensex and Nifty showing sharp declines and heightened volatility. Broader indices, not far from their 52-week lows, also reflect growing investor anxiety amid a series of negative developments.

Hexaware Technologies will launch its Rs 8,750-crore initial public offering (IPO) on February 12, with a price band of Rs 674-708 per share. The IPO is a pure Offer for Sale (OFS), with promoter Carlyle offloading its stake. Post-IPO, Carlyle's stake will drop to 74.1% from the current 95%.

One person is dead and nine others were taken into the custody of the Canada Border Services Agency this week following two separate incursion incidents near Alberta’s border with the United States.

Subscribe to enjoy similar stories. India's top stock exchange is on the watchout for fresh measures from the stock market regulator to cool the derivatives frenzy, even as a slew of recent measures begin to take effect. Average daily traded volume (ADTV) in NSE's equity futures segment fell 15% to ₹1,71,825 crore, an NSE presentation for the December quarter showed.

Google aims to release commercial quantum computing applications within five years, Google's head of quantum told Reuters on Wednesday, in a challenge to Nvidia's predictions of a 20-year wait.

Subscribe to enjoy similar stories. Generative AI pioneer OpenAI has begun discussions to house data of its Indian users within the country, three executives who attended Wednesday's New Delhi meeting with the company's chief executive said. “OpenAI is looking for ways to expand its India presence, which is a natural process since India is one of the biggest developer ecosystems for the company.

Italy’s justice minister has strongly defended the government’s decision to free and repatriate a Libyan warlord wanted by the International Criminal Court

Subscribe to enjoy similar stories. NEW DELHI : Two former pilots of SpiceJet Ltd have approached the Delhi bench of the National Company Law Tribunal (NCLT), seeking to declare the airline bankrupt over unpaid dues totalling ₹3 crore.

Psychology has always intrigued mankind, not only because of its complexity but also its effect on our daily lives and the world as a whole. It affects not only our relationships with family and friends but our relationship with money as well. Recently, a lot of research has been conducted about human beings’ attitude towards money in general and investing in particular. This subject, at the intersection of investments and human psychology, is known as behavioral finance. 

Ambuja Neotia Group on Wednesday announced plans to invest more than Rs 15,000 crores in West Bengal over the next five years, focusing on multiple sectors including healthcare, hospitality, real estate, and tourism.

Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a story of contrasting fortunes and unequal recovery, a stark reflection of the nation’s growing home insurance crisis

Subscribe to enjoy similar stories. The healthcare industry in India was valued at $372 billion in 2023 and is projected to reach $638 billion by the end of 2025, growing at an annual rate of 22.5%. This rapid expansion is fuelled by innovation in hospitals, pharmaceuticals, diagnostics, and medical devices, along with rising healthcare spending by both government and private players.

Counter-Intelligence Kashmir on Tuesday detained five suspects allegedly involved in «transporting» and «smuggling SIM cards to terrorists lodged in different jails,» officials said.

Subscribe to enjoy similar stories. The stock has been undergoing a lot of volatility and recent profit-booking has dragged its prices into the Kumo support region and is now spurring a rebound. The robust long body candles indicate some positive traction ahead.

Maryland officials have unveiled their designs for replacing Baltimore’s Francis Scott Key Bridge almost a year after it collapsed under the weight of a cargo ship that lost power and veered off course

Billionaire investor Ken Griffin's flagship hedge fund climbed in a volatile January, according to a person familiar with the returns.

Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 101.95 crore on it for short payment of Goods and Services Tax (GST) for five financial years. The company has received a communication/demand order for interest and penalty for several states, LIC said in a regulatory filing.

Honolulu on New Year’s eve following the explosion of illegal fireworks that caused the deaths of five people, including three women and a three-year old boy. About 20 more people were injured in the explosion. The police have so far arrested 10 people, with more arrests to be expected, as per The Independent.

Thyrocare, recently shared his perspective on parenting, emphasizing the importance of raising self-reliant children rather than over-pampering them. In a post on X, he discussed how different parenting approaches shape children's confidence and independence.

In their most recent Assessment of Value (AoV) reports, the two asset managers respectively highlighted performance lags over the last three or five years in some of its UK-focused strategies. Rathbones put its Income and UK Opportunities funds on watch after both underperformed their individual I share classes. Rathbones hit by £3.4bn Autumn Budget outflows but FUMA on the rise While the Income fund achieved its primary objective of delivering a better annual income than the FTSE All-Share Index over three years, its overall performance «has not delivered the outcome you should ex...

Subscribe to enjoy similar stories. MUMBAI : The Indian edtech players are expected to integrate traditional education approaches with educational technology as the ecosystem matures following the post-pandemic boom, top executives at edtech-focused venture capital firm GSV Ventures told Mint. “The ecosystem in learning and skills is now being viewed as more than just edtech," said Deborah Quazzo, managing partner of the US-based venture capital firm, in an interview on the sidelines of the ASU+GSV and Emeritus Summit in Gurugram. “It now includes large site-based education players, universities, and corporate entities—because you need more than just edtech to make it real." This marks a shift from the massive post-pandemic edtech boom that saw edtech players like Byju’s, Unacademy, and Physics Wallah, among others, come of age in the country.