FIVE Financial News
14.10 / 00:25
IPO
Provident
FIVE
Platform
Strategy
Mobile
TPG, Tata Foundation buy 9.9% in Tata Tech
MUMBAI : Tata Motors Ltd sold a 9.9% stake in Tata Technologies Ltd for ₹1,613.7 crore to the Ratan Tata Endowment Foundation and TPG Rise Climate SF Pte. Ltd, a climate investment fund of TPG Global. The transaction, which values the IPO-bound Tata Technologies at around $2 billion, is in line with Tata Motors’ deleveraging strategy, according to a company release.
13.10 / 22:14
Provident
FIVE
Digital
President
Bitcoin
innovations
travelers
Madeira Launches Bitcoin Business Hub to Drive Regional Innovation
The President of Madeira, Miguel Albuquerque, alongside Prince Filip of Serbia, officially announced the establishment of a Bitcoin business hub to promote innovation in the region.
13.10 / 21:42
13.10 / 19:09
Provident
FIVE
Reuters
COMPOSITE
stage
Inside
reports
NASA launches spacecraft to explore metal-rich asteroid Psyche: Report
ALSO READ: NASA’s first asteroid sample has landed that may give clues about Earth's enemies in outer space The launch, shown live on NASA TV, marks the latest in a series of recent NASA missions seeking insights about the origins of our planet about 4.5 billion years ago by sending robotic spacecraft to explore asteroids - primordial relics from the dawn of the solar system. NASA said that asteroid Psyche measures roughly 173 miles (279 km) across at its widest point.
13.10 / 19:03
UPS
IPO
FIVE
IBC
consequences
View: How to reverse the longest downturn in corporate capex
corporate capex clawing back to 13.5% by 2015-16. This upward trajectory was, however, short-lived, with the investment cycle resuming its downtrend as the corporate GCF-to-GDP ratio fell to 10.7% in 2021-22, which was lower than even the ratio seen in 2008-09. This has been the longest downturn in corporate capex in the last 50 years. Multiple factors have contributed to this protracted decline: Introduction of structural reforms, such as GST, IBC and Rera. Though these reforms were essential to strengthen India’s long-term growth potential, they created some uncertainty in the short run. Covid-19, Russia-Ukraine conflict and unfavourable global macroeconomic environment. Unlike corporate investment, corporate savings have remained stable.
13.10 / 18:57
13.10 / 18:37
FIVE
Fighting
President
social
Around 20 of 70 Chhattisgarh Congress MLAs unlikely to be renominated
Congress is likely to deny nominations to around 20 of its 70-odd sitting MLAs in Chhattisgarh, where the party is trying to retain power by overcoming incumbency issues, said party functionaries. However, they said, all the ministers in the Bhupesh Baghel government will be re-nominated, as the party's main election plank is its governance record over the past five years. «About 15-20 sitting Congress MLAs will focus on our organisational mobilisation for the election this time, by making way for new faces to fight as the party candidates,» said a Chhattisgarh Congress leader, who did not wish to be identified. This is part of a plan to minimise the incumbency burden, which the party leadership's analysis of the feedback based on internal surveys found against many Congress legislators. The central election committee (CEC) of the All India Congress Committee (AICC) is learnt to have finalised the candidates for about 60 of the total 90 assembly segments in Chhattisgarh, and with more CEC sittings scheduled, the AICC could start announcing the candidates in batches from Sunday as the 'Shraadh' period is ending on Saturday, people familiar with the development said. The party may also try to field more women and youths while giving numerical prominence to Scheduled Tribes and other backward classes, keeping in mind the social demography of the state.
13.10 / 17:53
COST
Citi
FIVE
JPMorgan
Compilation
reports
guidance
JPMorgan notches another net interest income record, lifts guidance
JPMorgan Chase & Co posted another quarter of record net interest income and boosted its forecast for the year as the company benefits from higher interest rates and its purchase of First Republic Bank.
13.10 / 16:28
FIVE
WhatsApp
stars
reports
testing
travelers
'Shubman Gill is 99 percent available', says Rohit Sharma ahead of India-Pakistan ICC World Cup match
ALSO READ: India-Pakistan ICC World Cup 2023: ‘Shubham Gill ko maine tagda kar diya hai,’ says Yuvraj Singh Though he was discharged the next evening, the BCCI ruled him out of the Afghanistan game in Delhi, and as a result, he did not travel with the team. On Thursday, Gill arrived in Ahmedabad and according to a report, he headed straight to the Narendra Modi Stadium at around 11 AM and spent over an hour practicing.
13.10 / 15:28
UPS
FIVE
Browser
CBS
information
reports
recommendations
US reportedly persuaded Qatar to halt $6bn to Iran in breach of deal
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13.10 / 15:05
Waves
FIVE
Reuters
Waters
CEO
show
blast
Seismologists detected blast-like waves near broken Baltic Sea pipeline
COPENHAGEN (Reuters) — Nordic and Baltic seismologists said that they had detected blast-like waves on Sunday when a Baltic Sea gas pipeline ruptured but that the data was not strong enough to determine whether explosives were involved.
13.10 / 14:37
FIVE
Williams
Fox
VIX
2020
2024
France vs Netherlands live streaming: When and where to watch Euro 2024 qualifiers match
France has emerged victorious in all five of their matches, while Ronald Koeman's Netherlands currently hold the second position in the standings, tied with Greece. This upcoming match holds significant importance for the Netherlands, especially considering they have an additional game in hand. The EURO 2024 tournament is scheduled to take place across Germany during the summer of 2024. Italy secured the EURO 2020 title after a dramatic penalty shootout against England. Unfortunately, Koeman's squad will be without several key players, including Cody Gakpo, Jurrien Timber, Sven Botman, Matthijs de Ligt, Frenkie de Jong, Mark Flekken, Memphis Depay, Noa Lang, Teun Koopmeiners, Tyrell Malacia, and Steven Berghuis due to injuries. On the other hand, France's coach, Didier Deschamps, faces similar challenges with the unavailability of Wesley Fofana, Presnel Kimpembe, William Saliba, Dayot Upamecano, Jules Kounde, and Axel Disasi, all sidelined due to injuries.
13.10 / 14:37
Provident
FIVE
SUN
Align
Continental
prevention
The ‘Ring of Fire’ Solar Eclipse: When and where to witness this celestial spectacle
solar eclipse produces a mesmerizing "ring of fire." These unique celestial occurrences are similar to total solar eclipses, with one crucial difference — the moon is positioned at the farthest point in its orbit from Earth, preventing it from completely obscuring the sun. This results in a breathtaking display as the sun's brilliant light encircles the moon's shadow.
13.10 / 14:37
FIVE
CEO
BMW
President
country
One of every four vehicle sold in India to be an electric car: BMW
BMW in the Indian market will be electric within the next two years, a top company executive said, citing better-than-expected demand. BMW Group India President & CEO Vikram Pawah said electric vehicles currently comprise 10% of overall sales at the company and expects this to go up to 15% in 2024 and to 25% by 2025. “We have the widest portfolio of electric vehicles in the country with five distinct offerings. We have seen strong demand for electric vehicles and will continue to launch more products in this space to consolidate our leadership position”, Pawah told ET.
13.10 / 14:11
FIVE
Platform
Mobile
WhatsApp
performer
stake
Tata Motors to sell 9.9% stake in Tata Tech for ₹1,614 crore
₹1,614 crore, it said in a stock regulatory filing. The automotive major entered into share purchase agreements to sell its stake in its subsidiary, for which TPG Rise Climate is the lead investor that ascribes an equity valuation of ₹16,300 crore of TTL. “Tata Motors Limited (TML) has entered into share purchase agreements to sell a 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of INR 1,613.7 crore.
13.10 / 14:11
UPS
FIVE
country
reports
saga
Beyond Runs and Wickets: The Epic Saga of India vs. Pakistan in World Cups So Far
ICC world Cup at the Narendra Modi Stadium, Ahmedabad. The India versus Pakistan match is often considered one of the most anticipated match in all of sporting history. But why? Often India or Pakistan have failed to lead in any sport, let alone cricket.
13.10 / 14:05
UPS
FIVE
Waters
country
reports
Department
California considers stepping in to manage groundwater basin in farm country
California officials are faulting communities in a stretch of the crop-rich San Joaquin Valley for failing to develop a plan to adequately protect groundwater
13.10 / 14:05
13.10 / 13:45
13.10 / 13:33
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