FIVE Financial News
09.08 / 11:13
UPS
FIVE
Parke
bail
Pakistani court takes up Imran Khan's appeal against corruption conviction, no immediate suggestion of release on bail
ANI, citing Geo News of Pakistan. Panjotha added that the PTI chief was in high morale despite all such difficulties and vowed to spend his lifetime in jail but wouldn't bow to slavery, reported Geo News. However, the sources said that the PTI chairman, during the meeting with his lawyer, conveyed his concerns regarding the environment at the prison with flies taking over his cell during the day and insects at night.
09.08 / 10:41
COST
UPS
FIVE
CEO
performer
Berger Paints Q1 Results: Cons PAT jumps 40% YoY to Rs 355 crore; revenue rises 9%
Berger Paints India on Wednesday reported a nearly 40% year-on-year (YoY) jump in its consolidated net profit for the quarter ended June 2023 at Rs 355 crore versus Rs 254 crore in the same quarter last year. The revenue from operations jumped 9.2% YoY to Rs 3,029 crore against Rs 2,773 crore reported in the year-ago period. The company's Board of Directors also approved a bonus issue of one bonus equity share against five equity shares.
09.08 / 10:41
Citi
FIVE
Manufacturing
Tata Realty buys 1.02 lakh sq metre land in Bengaluru from Graphite India for Rs 986 cr
Tata Realty and Infrastructure Ltd (TRIL) has bought over 1.02 lakh square metres of land in Bengaluru from Graphite India Ltd for Rs 986 crore. In a regulatory filing earlier this week, Graphite India said that a committee of directors approved a proposal to sell 1,02,349.33 square metres of land in Bengaluru for an aggregate consideration of Rs 986.13 crore to TRIL's two subsidiaries TRIL Bengaluru Real Estate Five Ltd and TRIL Bengaluru Real Estate Six Ltd. The land has been sold, along with the structures standing thereon having an aggregate built-up area of 12,674 square feet, the filing said.
09.08 / 09:49
09.08 / 09:33
UPS
FIVE
Parke
Premature redemption of sovereign gold bonds: How much you will get for Series I of SGB 2016-17
RBI has set up a price for early redemption of Series I of SGB 2016-17. This series opened for subscription from July 18 to 22 in 2016. The issue price of the Sovereign Gold Bond was fixed at ₹3119 per gram of gold.
09.08 / 09:05
09.08 / 09:05
09.08 / 08:37
FIVE
NIFTY
Bottomline
performer
country
PSU Banks Q1 results update: PNB, SBI lead as lenders on a strong footing, double the bottomline
₹34,418 crore as compared to a net profit of ₹15,307 crore recorded in the April-June quarter of FY23. The net interest margin of PSU banks during Q1FY24 grew at an average of more than 3%, lifted by the high interest rate regime. “PSU banks are witnessing late benefits of credit growth and improving asset quality.
09.08 / 08:37
FIVE
Action
Strategy
performer
stage
star
India vs Pakistan match today: When and how to watch; live-streaming details and more
leadership of Harmanpreet Singh, India's star performer with five goals under his belt, the team is poised for success. The stage is set for a blockbuster clash between these fierce adversaries, as they strive to make their mark and enter the upcoming Asian Games with a resounding victory.
09.08 / 08:03
FIVE
Art
Booking
show
Suicide
Nitin Desai suicide case: Edelweiss group chairman, others move Bombay HC seeking quashing of FIR
Edelweiss group chairman, Rashesh Shah, and the executives of ECL Finance Ltd Wednesday moved the Bombay High Court (HC) seeking quashing of the first information report (FIR) registered against them in the death by suicide case of art director, Nitin Desai. The HC will hear their plea on August 11. Senior counsel Amit Desai appeared before th HC for the applicants.
09.08 / 07:27
FIVE
Platform
Strategy
social
Indian
Indian influencers embrace X's revenue sharing scheme: Boosting engagement and content creation
Indian influencers as it introduces a pioneering revenue sharing initiative. This novel scheme involves X, under the stewardship of its owner Elon Musk, distributing a portion of its advertising revenue to select content creators on its platform. Underpinning this transformative program, X unveiled that content creators will receive a share of the revenue generated from advertisements showcased within their replies.
09.08 / 07:13
UPS
Provident
FIVE
Align
Know the Documents Required for a Personal Loan
list of documents required for a personal loan. Applying with these minimal and easy documentation will facilitate instant approval on your loan application. Bajaj Finance Personal Loans also come with several noteworthy benefits such as: With the Bajaj Finance Personal Loan, you gain access to a generous loan amount of up to Rs.
09.08 / 05:49
FIVE
Digital
Booking
Platform
Mobile
Software
track
Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, others
Debt collections platform Credgenics has raised $50 million in a series B round of funding. Venture investors Westbridge Capital, Accel, Tanglin Ventures, and Beams Fintech Fund led the round, the company said in a release on Wednesday. Most of these investors had participated in its previous funding round in 2021.
09.08 / 05:29
UPS
FIVE
Booking
Siemens
Manufacturing
performer
Is the comeback in pharma here to stay? Should you buy expensive capital goods stocks?
Dipan Mehta, Director, Elixir Equities, says the next three to five quarters are very interesting for Siemens, ABB, and other high tech capital goods manufacturing companies. They have largely restructured their businesses. They are focused only on products and services where they have a clear cut technology edge.
09.08 / 05:01
UPS
FIVE
Platform
Pool
country
Is ‘Esport’ next big thing for India? Zerodha co-founder Nikhil Kamath backs gaming industry. See post
GST on online games during the 50th Council meeting held in July. However, according to Zerodha co-founder Nikhil Kamath, the gaming industry is going to be the 'next big thing' for India. Backing his viewpoint about the online gaming industry, Kamath said wrote on X platform (formerly known as Twitter) that the gaming industry is doubled ($159.3 billion) the size of movie and music industries ($41.7 billion + 19.1 billion) combined.
09.08 / 05:01
COST
UPS
Provident
FIVE
Manufacturing
country
How America is failing to break up with China
Foxconn, the world’s largest contract manufacturer. This year the Taiwanese giant has built or expanded factories in India, Mexico, Thailand and Vietnam. The Chinese production sites once beloved by Western companies are firmly out of fashion.
09.08 / 04:33
UPS
FIVE
performer
Rahul Shah's 2 top bets in two-wheeler space
Rahul Shah, VP-Equity Advisory, MOFSL, says in the last two-three quarters, Hero numbers were disappointing plus the overall number, sales number, month on month sales are also not so exciting. My view is that with Harley's launch and the response, things should improve for Hero and that is reflecting right now in the stock price. But right now, if you have to buy any of the two-wheeler stocks, then Eicher and Bajaj remain our top bets in that space.”There is one space which has really been the massive outperformer of late and that is the hospital space. Why are hospitals doing well?In the last one year, year-and-a-half, a lot of defensives have gained.
09.08 / 04:09
FIVE
Williams
Compilation
Align
Duke
Royal Family
Prince Harry loses ‘His Royal Highness’ title: Royal Family website removes HRH; is he still fifth in line to throne?
Prince Harry's "His Royal Highness" title has been removed from his profile on the official Royal Family website. This alteration comes over three years after Prince Harry and Meghan Markle chose to step down from their roles as active members of the royal family. Prince Harry and Meghan Markle were no longer to be addressed by their "HRH" titles following their decision to distance themselves from official Royal responsibilities, as per the agreements reached between the couple and the Royal Family back in January 2020.
09.08 / 03:43
FIVE
Discover
Inside
500
Kerala News: Customs seize over 500 gram gold worth ₹25.75 lakhs at Cochin airport from passenger
₹25.75 lakhs, according to officials. The gold was discovered to be concealed beneath the inner soles of the passenger's shoes. The incident involved a passenger traveling from Bahrain to Cochin, Kerala, as reported by officials.
09.08 / 03:21
UPS
Target
FIVE
Reuters
band
country
India's July inflation likely breached RBI's 6% upper tolerance level: Poll
India's retail inflation likely accelerated to 6.40% in July on surging food prices, breaching the upper end of the Reserve Bank of India's 2%-6% tolerance band for the first time in five months, a Reuters poll of economists found. Food prices, which account for nearly half of the inflation basket, have soared in the last two months largely due to an erratic monsoon throughout the country, pushing tomato prices at wholesale markets up more than 1,400% in the past three months. That will hit the vast majority of India's population who make up the poor and middle classes.
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