FIVE Financial News

Gov. Ron DeSantis’ appointees to a board that oversees Walt Disney World say a Florida judge should rule without trial against Disney as the company fights Gov. Ron DeSantis’ takeover of the governing district

Researchers in heavily drilled Pennsylvania are adding to a body of evidence suggesting links between the natural gas industry and certain health problems

A jump in socialising at Endeavour Group’s pubs helped the company post a 2.5 per cent rise in sales to $11.9 billion last year, as a strong hotels unit underpinned higher profit at the group.

KPMG Australia chief executive Andrew Yates had his pay cut by $600,000 to $2.2 million in fiscal 2023 because of a slowdown in consulting work and deals in the second half of the financial year.

SBI Youth of India, she was shocked to see the farm waste being generated and the practice of stubble burning. “So much of renewable resources were being wasted. There was a surplus of it,” she says.

Feroze Azeez, Deputy CEO, Anand Rathi Financial Service, says, “there should be no real estate investment. Debt could be 10%, 20%, 30% and 60%, 70% equity. India will do very well for the next 10 years.

moon mission completed a key task today as the Indian Space Research Organisation said that Chandrayaan-3 spacecraft has successfully undergone fifth and final lunar orbit manoeuvre. This achievement marks a pivotal step towards the imminent separation of the landing module, housing Vikram, the lander, and Pragyan, the rover, from the propulsion module. «Today’s successful firing, needed for a short duration, has put Chandrayaan-3 into an orbit of 153 km x 163 km, as intended,» ISRO wrote on Twitter.

«The mergers between two entities and the matters related to Mr Goenka family only, not related to the merger. And now that they have got a very clean chit, NCLT approval without any kind of conditions around creditors or any condition around the SEBI SAT issue, I think the merger will eventually go through without him,» says Karan Taurani, Senior VP, Elara Securities.Just going as per your last note, you had said that there is not going to be too much of an adverse impact on the merger with respect to the SEBI order because Punit Goenka has already stepped down from the board. But just wanted to get in your thoughts on the fresh set of news.So, if you look at this I think the last time when SEBI SAT came up with the statement I think they had given a timelines of almost about five weeks to complete the process.

N Jayakumar, MD, Prime Securities, says: “Coming to next year’s election, I feel a change will not be seen positively. We need continuity. Numbers can vary.

Deepak Shenoy, Founder, Capital Mind, says “we thought it would be a washout year for most of pharma. But this quarter seems to be more interesting from the earnings perspective and from a commentary perspective. I do not have much more specifics.

Gadar 2 has stormed the Indian Box Office, leaving a trail of impressive collections in its wake. The film, released on August 11, has managed to captivate audiences across the nation, showcasing its undeniable box office prowess. The journey began on a remarkable note as Gadar 2 raked in an astounding ₹40.1 crore on its opening day.

Digital payment systems, bitcoin and other cryptocurrencies as well as mobile wallets are reshaping the way people think about simplicity, safety, and managing their money. “Adopting such tools simplifies budgeting, and improves accountability for finances, and fits perfectly into the frantic digital economy," said Gupta.

ET Intelligence Group: If the diktat of the National Medical Commission (NMC) mandating doctors to prescribe only generic drugs indeed gets implemented, drug marketing in India is likely to witness five major changes.1.

Balaji Amines in declaring its June quarter results following the en masse resignation of five independent directors in May has raised concerns among market participants about the company's prospects. The company, once a darling of Dalal Street, informed stock exchanges on Monday about the delay. «In accordance with the Sebi master circular, we would like to submit that there has been a delay in the preparation of the consolidated financial results on account of the unavailability of the management,» said Balaji Amines in an exchange filing.

Bank of India is shifting its focus on lending with higher profitability even if it means giving up some opportunities where earnings are next to nothing, said CEO Rajneesh Karnatak. In an interview with Joel Rebello, he said although there are risks building up in some segments of retail loans, they are just transitory and banking can only get better as economic prospects improve. Edited excerpts:Bank of India has just gotten out of its worst phase with the return of profits and falling bad loans. Where does it go from here? In any transaction, or business we are doing, we are trying to make commercial sense out of it, whether it is on the credit side or while taking deposits.

HONG KONG (Reuters) -Law firms in China are scrambling to comply with Beijing's new guidance to tone down the language used to describe China-related business risks in companies' offshore listing documents, five people familiar with the matter said.

By Carolina Mandl

Binance published a blog post on Monday teaching readers how to dispel commonly cited blockchain FUD related to the industry’s energy footprint and supposed environmental harm.

Transurban chief financial officer Michelle Jablko will succeed Scott Charlton as chief executive of the $43 billion tollroad group, which delivered a five-fold increase in annual net profit to $92 million.

NEW DELHI : EBay, an online marketplace for buyers and sellers, generates 50% of its revenue from markets outside the US. India, which is classified under emerging markets, has remained an important market for eBay despite the company exiting the market in 2017. In an interview, Vidmay Naini, eBay’s general manager for global emerging markets, which include India and Southeast Asia, spoke about the challenges faced by India’s e-commerce exporters and the role of generative artificial intelligence (AI) in e-commerce ventures.

NEW DELHI : Prime Venture Partners is one of the few venture capital firms that has continued to invest in early-stage startups despite challenges in the past year that saw even larger investors turn cautious. Founded in 2012 by Sanjay Swamy, Shripati Acharya and Amit Somani, the homegrown VC fund (formerly known as AngelPrime) floated its first fund with a corpus of $8 million. The firm is currently deploying its $120 million fourth fund that closed in 2022.