FIVE Financial News
05.09 / 02:53
Citi
Provident
FIVE
show
services
G20 Summit 2023: Delhi Police imposes restrictions on online delivery services with exceptions for essentials
airport or railway stations will be required to show valid identification and boarding passes as part of the security measures. On September 3, the Station House Officer of Daryaganj police station in the Central district initially issued an order for the shutdown of shops, offices, and bus depots, but this directive was later withdrawn, reported The Hindu.
05.09 / 01:21
UPS
Lowe's
MET
FIVE
Aware
Strategy
Bain dials Dr Reddy's Laboratories to team up for joint Cipla bid
Bain Capital has approached Dr Reddy's Laboratories (DRL) to explore a joint bid to buy out the promoters of Cipla, the Hamied family. Last week, senior leadership from both sides met along with their advisors to discuss and formalise a strategy, said people aware of the development.
04.09 / 19:07
Provident
FIVE
country
Support
UN says $1 billion needed to support people fleeing Sudan this year
Sudan by the end of this year amid soaring needs. The United Nations refugee agency (UNHCR) said it and partners were appealing for $1 billion «to provide essential aid and protection to over 1.8 million people expected to arrive in five neighbouring countries by the end of 2023, fleeing ongoing conflict in Sudan». «This is a two-fold increase of what was initially estimated in May to be required to respond to the crisis, as displacement and needs continue to soar,» UNHCR said in a statement.
04.09 / 19:05
COST
UPS
FIVE
Merit
Déjà vu: Is the One Nation, One Election plan feasible?
Mint takes a closer look at the issue, the challenges it throws up, its merits and demerits. Ever since Narendra Modi led the BJP to victory in 2014, the government has been talking about the need for simultaneous election to the Lok Sabha and all the state assemblies. A strong pushback from the opposition kept the issue in abeyance.
04.09 / 19:05
Provident
FIVE
DISH
HC rejects Dish TV promoter plea against Yes Bank, JC Flowers
Dish TV India Ltd promoter entity World Crest Advisors, seeking to prevent Yes Bank Ltd and JC Flowers Asset Reconstruction Pvt. Ltd from transferring or encumbering Dish TV shares. “In light of prima facie finding, that JC Flowers, presently registered as beneficial owner, is having all the rights, benefits and liabilities attached to the securities held by depository and including voting rights, as well as the prima facie finding that no case of fraud has been established by the plaintiff, the interim relief sought for in the present application cannot be granted," said a bench led by Justice R.I.
04.09 / 19:05
UPS
MET
FIVE
Booking
exclusive
Demand for ₹2-3 tn sparked RBI-govt clash, says Acharya
₹2-3 trillion from its balance sheet in 2018 for pre-election expenditure ahead of Lok Sabha polls in the following year, former RBI deputy governor Viral Acharya said in a new prelude to his book, Quest for Restoring Financial Stability in India published by Penguin Random House India. This revelation comes amid calls for increased government spending before the general and assembly elections due in 2024, despite marginal growth in the Centre’s tax collections in the first five months of FY24. Acharya has for the first time publicly disclosed in his prelude the series of events that led to the differences between RBI and the government that he had first hinted while delivering his speech at the A.D.
04.09 / 17:39
UPS
FIVE
Booking
Williams
CEO
Xerox
performer
exit
Walgreens CEO’s exit has left America Inc weak on diversity
Alliance Inc announced Friday that its chief executive, Rosalind Brewer, had resigned the day before. Brewer was the only African-American female CEO to run an S&P 500 company. With so few African-American women ever having gotten to the top of big US companies—other notables include former Xerox CEO Ursula Burns and Mary Winston as interim chief of Bed Bath & Beyond—Brewer’s departure deserves attention.
04.09 / 17:31
UPS
Provident
FIVE
Digital
Platform
open
Dubai's five most expensive car number plates in the 113th open auction
In the auction, according to Dubai’s Roads and Transport Authority, Plate (AA 70) was the most expensive at AED3.82 million, followed by Plate (X 7777) for AED3.80 million, Plate (Z 43) for AED2.85 million. The number plate (Y 96) and Plate (S 888) were sold for AED2.66 million and sold for AED2.3 million respectively. Dubai’s Roads and Transport Authority put up 90 fancy plates at this auction comprising of two, three, four and five-digits bearing (AA-I-J-K-L-M-N-O-P-Q-R-S-T-U-V-W-X-Y-Z) codes. «By offering distinctive licensing plates at open or online auctions, RTA (Roads and Transport Authority) seeks to provide a neutral and transparent platform that bidders can avail of.
04.09 / 17:31
UPS
Target
FIVE
Assurant
country
25% target for state debt levels for the short-term; Punjab most pressurized: BoB study
debt levels and bring them closer to the Fiscal Responsibility and Budget Management goal of 20%, a recent study by economists at Bank of Baroda stated. The study suggested debt to GDP ratio at 25% as a short-term goal and the interest to revenue receipts ratio targeted at around 15%. “This can be a good beginning with roadmaps drawn up for various states,” the research stated. Four states will allocate more than 15% of their revenue towards interest payments in FY24, with Punjab contributing nearly a quarter of its revenue to interest payments, the research found. The study, analysing budget data for FY24 for 27 states, pointed that only three states in the country were closer to their FRBM target of 20% debt to Gross State Domestic Product ratio, whereas 15 were over 30%. “The problem is that when debt levels are high interest payments increase, which strains the revenue budget,” said Madan Sabnavis, chief economist, Bank of Baroda. While the study placed Odisha as the best state having controlled its debt, fiscal deficit and interest payment levels. It placed Punjab as the worst, with high levels of debt, fiscal deficit, interest payment ratios and outstanding guarantees. “Himachal Pradesh is however more vulnerable as the debt servicing ratio is high.
04.09 / 17:15
UPS
FIVE
Reuters
Airlines
Remark
Enterprise
Pakistan's interim PM says Saudi Arabia to invest $25 billion over next five years
By Gibran Naiyyar Peshimam
04.09 / 16:57
FIVE
Fighting
star
Time
UFC 293 date, time, live streaming, fight card, main card, main event
UFC is making its return to Australia with UFC 293 in Sydney, set to take place on Saturday. In the middleweight division, Israel Adesanya is finding himself with limited opponents to face. Although Dricus Du Plessis was briefly considered, plans have since changed. As a result, Adesanya is now slated to defend his championship belt against Sean Strickland at UFC 293, scheduled for September 9. This exciting event will be hosted at the Qudos Bank Arena in Australia and will be broadcast on ESPN+ in the United States. UFC 293 boasts an enticing main card that kicks off at 10 pm (ET) and is available on pay-per-view ($79.99, via ESPN+). Additionally, two sets of preliminaries will be aired on ESPNews and streamed on ESPN+ starting at 6:30 pm (ET). It's important to note that there is a significant time difference of 14 hours between Sydney and Eastern Standard Time. Israel Adesanya (24-2 MMA, 13-2 UFC) is set to defend his middleweight title for the first time during his second reign as the UFC middleweight champion when he faces off against Sean Strickland. Adesanya initially claimed the title in 2019 and successfully defended it five times before losing it to his kickboxing rival, Alex Pereira, in November 2022. However, in April, Adesanya avenged that defeat with a second-round knockout, regaining the championship belt. The star fighter, who is based in New Zealand, has long been anticipated to headline the UFC's return to Australia.
04.09 / 16:41
04.09 / 16:41
04.09 / 16:41
04.09 / 16:41
04.09 / 14:23
FIVE
Remark
Sony
film
Warner Bros
performer
country
Labor Day 2023 boosts 'The Equalizer 3' box office, Christopher Nolan's 'Oppenheimer', Barbie continue glorious run
Labor Day 2023 in the US seems to have become fruitful for Sony and Escape Artists' «The Equalizer 3» as the movie made a spectacular global debut, raking in $60.6 million, marking the franchise's most impressive opening to date. Notably, the film's international box office performance, which amounted to $26.1 million across 49 markets, set a new record for the Denzel Washington-led series, as per a report. Among the initial suite of releases, the top five markets contributing to this success are the UK ($3.5 million), France ($2.8 million), Germany ($2.4 million), Spain ($1.7 million), and Saudi Arabia ($1.6 million), according to a report by Deadline.
04.09 / 14:11
FIVE
stage
cover
blues
Indian
Asia Cup: Butter Fingers! Indian players drop three catches in first five overs against Nepal |Watch
Kushal Bhurtel. The second instance involved Virat Kohli who was positioned at the cover-point and failed to hold on to a catch giving the other Nepal batter Aasif Sheikh a reprive. Next, it was wicket-keeper Ishan Kishan who missed another easy chance in the fifth over of the match.
04.09 / 14:11
Target
FIVE
Booking
CEO
Honda
Honda Elevate SUV goes electric by 2026, with four more SUVs in the pipeline by 2030
Honda Cars India has unveiled its plans to introduce an all-electric variant of the recently launched Elevate mid-size SUV by 2026. The company disclosed the pricing for the Honda Elevate SUV on Monday, with a price range starting from ₹10.99 lakh to ₹15.99 lakh (ex-showroom). Honda is now focused on delivering a pure electric version of the Elevate within the next three years.
04.09 / 13:21
UPS
FIVE
Digital
Platform
Sony
star
Explainer
rights
Mint Explainer: BCCI and media rights - an affair since 1992
₹100 crore. But this jump in the valuation of media rights for the game in India took flight only after the birth of IPL – twenty-over cricket matches (T20) played by the best in the business for privately owned teams, all set against the backdrop of Bollywood spice.
04.09 / 13:05
IPO
Provident
FIVE
band
Mono Pharmacare IPO allotment today: GMP, here's how to check allotment status
Also Read: Ratnaveer IPO gets fully subscribed. GMP, subscription status, review, other details. Apply or not? You can check the Mono Pharmacare IPO allotment status of your application on this link - https://ipo.bigshareonline.com/ipo_status.html Login at direct Bigshare link — https://ipo.bigshareonline.com/ipo_status.html Select "Mono Pharmacare IPO" in company name section.
04.09 / 13:05
Lowe's
Target
FIVE
Man
stage
cover
When Screening for Prostate Cancer Comes Too Late
Prostate cancer loomed over David Weigand’s family: His uncle had the disease, and his father died of it. Yet widely followed recommendations for prostate-cancer screening didn’t consider him eligible for a test. In 2021, he got tested anyway at his partner Cody Green’s urging.
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