FIVE Financial News

Stock market today: Exxaro Tiles share price has been in uptrend after ushering in the new financial year 2023-24. In FY24, Exxaro Tiles shares have risen from around ₹100 to ₹149.45 apiece levels, delivering to the tune of near 49.50 per cent return to its positional shareholders in near five months time. However, it seems that there is still some steam left in this small-cap stock.

The chairman and chief executive of Australia’s biggest smash repair chain, AMA Group, are leaving after a tumultuous period of pressure on earnings and the balance sheet.

Nilesh Gupta, MD, Vijay Sales.I have to say that it has been a bit unexciting maybe when it comes to the summer season so far. It has been unseasonal rains. How has Onam panned out for you and we are stepping into September already, got a huge festive season lined up. What are you anticipating by way of demand?You are absolutely bang on that this time of the summer season was not as good because of the erratic rains which came in. But at the end of the day, when we see the first half of the year, Jan to June, we did cover up the AC sales. Yes, there was no growth in air conditioners, but we did not lose out much. There was only a negligible 1 or 2% de-growth which happened. So that clearly shows that the sentiment is good. Although we are not present in the Onam market of Kerala but whatever feedback I have got from the market, Onam has been reasonably very good. But I think the biggest silver lining for us has been the 15th August.

Wordle is a globally popular web based game owned by The New York Times and designed by Engineer Josh Wardle. Josh Wardle earlier designed the puzzle for his wife who loved word games. Later on, it was made publically accessible when NYT bought it for six figures. Wordle is a word puzzle game with limited chances to crack the puzzle. It resets every midnight and brings new word puzzle challenges every day. Wordle is globally accessible and is free to play. It is available at The NYT website. It does not require any fishy log ins or sign up formalities. Earlier, a previously played Wordle dictionary was available at the website. However, it has been taken down lately. Wordle is loved by millions of people for its unique play of words. People across the globe play Wordle and maitain their winning streaks.

Supreme Court judge P K Mishra on Friday recused himself from hearing the bail plea of former Delhi minister Satyendar Jain in a money laundering case. The Enforcement Directorate (ED) had arrested Jain on May 30 last year on the charge of laundering money through four companies allegedly linked to him. As the matter came before the bench headed by Justice A S Bopanna, he told senior advocate Abhishek Singhvi, appearing for Jain, that it would not be able to take up the matter. «We are unable to take it up before this bench,» Justice Bopanna said. The bench directed that the matter be placed before Chief Justice D Y Chandrachud to get appropriate orders for reassignment to a bench. «Obtain orders from the Chief Justice to place it before a bench of which one of us (Justice Mishra) is not a part,» Justice Bopanna said.

PTI. The report of the committee has come a day Parliamentary Affairs Minister Pralhad Joshi said that the government has convened a special session of Parliament for five days between 18-22 September 2023. In the announcement, there was no official word on the agenda behind the special session which will be held days after the G20 Summit.

railway sectors. With their eye on the big game and general elections just around the corner, the Modi government is leaving no stones unturned and gearing up PSU companies. Just take the event that transpired earlier this month on 10 August 2023 in the parliament.

The announcement comes a day after the government scheduled a special session of Parliament from September 18 to 22. There are rumuors that government is plannig to introduce a bill for unified elections. Assembly elections are scheduled for five states in November-December, followed by Lok Sabha elections in May-June of following year.What's 'One Nation, One Election'The concept of 'One Nation, One Election' centers around the idea of conducting simultaneous elections throughout the country for both Lok Sabha and State Assemblies. This means holding elections for both the Lok Sabha and all state assemblies simultaneously, with voting likely taking place concurrently. Prime Minister Narendra Modi has long advocated for simultaneous Lok Sabha and state assembly elections.

venture capital fund gradCapital has launched its second fund of $6 million (about Rs 49 crore) to invest in students' startups. The VC fund on Friday said it will offer a standard cheque of $40,000 (Rs 33 lakh) at 4 per cent equity in companies set up by students. gradCapital co-founder and CEO Abhishek Sethi said, «We are not in the business of finding and investing in deals, we are in the business of letting students be more ambitious and build a future, despite having a challenging education system. Students are more likely to start a D2C company instead of a quantum computer, and we need more of the latter.»

The Queensland government has been urged to dump its controversial coal royalty regime after a new report showed mining investment and jobs would plummet in the Sunshine State over the next five years.

BHEL) jumped nearly 8% to hit their 52-week high of Rs 130.55 on the NSE in Friday's trade after the state-run bagged an order from NTPC for setting up a thermal power project in Chhattisgarh. The stock has remained undefeated over the past five trading sessions and gained over 24% in this rally. Today’s price action was accompanied by strong volumes as more than 4 crore shares traded on the NSE. The traded value of the shares stood at Rs 5,136.80 crore. The stock was trading in an overbought zone with day’s RSI and MFI at 73.6 and 81.8 according to Trendlyne data.

Narendra Modi. Speculation has heightened about a possible rescheduling of electoral timelines, both for the Lok Sabha and various state assemblies. This comes on the heels of an upcoming special session of Parliament, slated for September 18-22.

G20 Summit in the national capital on September 9 and 10. Amid Amrit Kaal looking forward to having fruitful discussions and debate in Parliament," Pralhad Joshi said on X (formerly Twitter). The announcement of the Special Session came as a surprise in political circles with the parties gearing up for assembly polls in five states later this year.

2019 MacBook Pro, featuring a Magic Keyboard, an enlarged Touch Bar, and enhanced processors. The divisive Touch Bar feature was replaced in subsequent years, ultimately being phased out by Apple. To recall, in June 2017, the initial launch of the MacBook Pro with Touch Bar took place.

Zimmerman has a new owner; so too does Seafolly. Bondi Sands was snapped up by a Japanese conglomerate for $450 million, and Aesop was sold for a record eight times that sum. Now the deal-making frenzy is pushing deeper into Australia’s consumer goods sector with smaller brands hoping to cash in on their businesses.

Spring has sprung, and so has a new buyout fund.

The Appointments Committee of the Cabinet has approved the appointment of Umang Narula as the parliamentary affairs, according to a government statement. Narula will be replacing Gudey Srinivas, who will move to take up the role of secretary at National Commission for Scheduled Castes under the Ministry of Social Justice and Empowement. This comes after the government has called for a special session of Parliament for five days starting September 18.

China released the 2023 edition of its 'standard map' on August 28, showing India's Arunachal Pradesh and Aksai Chin as part of its territory. The map also shows China's claims in the South China Sea over the exclusive maritime zones of countries such as Malaysia, Brunei, the Philippines, Indonesia and Vietnam.

Samir Arora, Founder & Fund Manager, Helios Capital, says “one story that has failed is that there is no limit to the valuation of a good company. I have mostly shorted all of them. Even now I am short half of them in another fund. All these 70-80 PE are growing at 10-12% for the last 10 years but they are very good quality companies. “What is looking good from a one-year perspective and what is looking good from a three-year perspective?No, one year, three years do not literally mean one year or 3 years but broadly medium, short, whatever you want to call it.

However, no further details were provided so far. This comes after the government has called for a special session of Parliament for five days starting September 18. However, no official announcement has been made regarding the agenda of the session which will be held days after the G20 Summit in the national capital, Delhi, on September 8 to 10, 2023. With the BJP government calling for a special session of the Parliament in September, speculation is rife about the purpose of the sitting.

OTT platforms this week. Let's dive into what's new as we check OTT releases this week for movies and web series. This is a Netflix interactive movie starring Laura Marano, Avan Jogia and Scott Michael Foster.