FIVE Financial News
09.08 / 01:51
COST
FIVE
awards
Patrick
show
Kylian Mbappe contract dispute overshadows start of Ligue 1 season
Mbappe hangs over French football ahead of the new Ligue 1 season, which starts this weekend. The Paris Saint-Germain superstar has won France's player of the year award four times in a row and been Ligue 1's top scorer in five straight seasons, but his contract dispute with the champions has dominated headlines all summer. Mbappe has refused to sign an extension to his PSG deal, meaning he can leave for free next year, with Real Madrid long seen as his preferred destination.
09.08 / 01:33
09.08 / 00:47
COST
FIVE
Booking
Gap
Software
Cognizant retaining market share post the change of guard
Infosys was expected to pull ahead of Cognizant this year in the revenue sweepstakes, building on the 15% annual growth logged over past two years, but a pronounced tempering in sales guidance by India’s second-biggest software exporter will likely allow its Nasdaq-listed rival to widen the gap. While Infosys clocked $18.2 billion for the fiscal year-ended 2023,Cognizant reported a revenue of $19.4 billion for calendar year 2022. According to ET’s calculations, the New Jersey-based firm’s revenue for the comparable FY23 period too came in at $19.4 billion.
08.08 / 23:39
08.08 / 20:49
Citi
Lowe's
FIVE
Parke
park
NYC’s Rockaway Beach Park closed after shark bite incident. See what happened
Rockaway Beach Park in Queens, New York, has been temporarily closed for swimming and surfing following an incident where a woman suffered an apparent shark bite. The closure comes as a precaution due to recent shark activity, according to NYC Parks. The incident occurred around 6 p.m. on Monday, prompting an immediate response from emergency personnel. The woman, who remains unidentified, sustained a serious leg injury consistent with a shark bite, the New York City Fire Department said. “All indications appear to be a shark bite,” the fire department said. She was transported to Jamaica Hospital Medical Center and is reported to be in stable condition. This occurrence follows a series of similar incidents in the region. Just a month ago, five non-life-threatening shark bites were reported off Long Island, raising concerns among local officials and beachgoers. In response, shark patrols were intensified to ensure safety. Experts recommend certain precautions for swimmers to minimize the risk of shark encounters. Swimming in groups, staying relatively close to the shore, and avoiding areas with bait fish are advised by Gavin Naylor, director of the Florida Program for Shark Research. Statistics reveal that the likelihood of a shark attack remains low. The Florida Museum of Natural History reported only 57 confirmed, unprovoked shark attacks worldwide last year, with 41 of them occurring in the United States. New York experienced eight nonfatal incidents.
08.08 / 20:35
FIVE
Time
NOT
Manipur has not seen violence for the first time: Assam chief minister Himanta Biswa Sarma
Himanta Biswa Sarma Manipur has not seen violence for the first time and that state has witnessed killing of civilians, police and army personnel since last 75 years and throughout this time Congress party was in power. Sarma while speaking in Guwahati said that in 1990, 300 people were killed and it was the congress government then. “In 1993, 1100 people died, in 1997 400 people were killed, in 2001, 95 people died.
08.08 / 19:31
COST
UPS
FIVE
Digital
TCS
dividend
Tata Sons FY23 revenue soars 45% on dividend income, profit up 29%
Tata Group, jumped 45% in the financial year ended March to Rs 35,058 crore, boosted by dividends from group companies. Profit rose 29% to Rs 22,132 crore, Tata Sons said in its annual report. Tata Sons got a dividend of Rs 33,252 crore in FY23 compared with Rs 11,499 crore in FY22.
08.08 / 19:19
UPS
FIVE
Metro
Macquarie
Ex-Macquarie operator rules off $65m raise for non-bank lender Metro
Sydney’s Metro Finance is eyeing its next phase of growth after ruling off a $65 million institutional equity placement.
08.08 / 18:21
08.08 / 18:21
UPS
FIVE
Manufacturing
stage
track
NOT
Maruti to buy Suzuki plant in Gujarat with shares, not cash
₹12,755 crore. Consequently, the unit will become a wholly-owned subsidiary of Maruti Suzuki, and its key management positions, some of which are currently held by Suzuki employees from Japan, will be taken over by the Indian team. With this deal, Maruti Suzuki will aim to enhance its operational and organizational efficiencies, and double its manufacturing capacity by consolidating production within a single management entity.
08.08 / 17:21
UPS
FIVE
Enterprise
stage
Adani Enterprises weighs exiting $6 billion Wilmar venture
Adani Enterprises Ltd. is exploring selling its stake in its Mumbai-listed consumer-staple joint venture with Wilmar International Ltd., freeing up capital for their core business, according to people familiar with the matter. The conglomerate has been considering a potential sale of its 44% stake in Adani Wilmar Ltd.
08.08 / 17:21
Citi
FIVE
Action
Mobile
social
NOT
Situation in Nuh not assessed properly: Deputy CM Chautala; internet ban extended till Aug 11
Nuh, where a communal violence erupted on July 31 during a religious procession. The state government has extended the suspension of mobile internet and SMS services in the district till August 11, where conditions are «still critical and tense».
08.08 / 17:21
UPS
FIVE
Parke
Pakistan's top election body disqualifies Imran Khan for five years following his conviction in corruption case
Pakistan's top election body on Tuesday disqualified jailed former prime minister Imran Khan for five years following his conviction in a corruption case. An Islamabad trial court on Saturday sentenced 70-year-old Khan to three years in prison in the Toshakhana corruption case in which the embattled former prime minister is accused of profiting from selling expensive state gifts when he was in power.
08.08 / 16:09
UPS
FIVE
Oil falls over 1.5% after weak data from Asian refiners offsets tightening supply; WTI briefly slips below $80/bbl-mark
₹6,755 per bbl, having swung between ₹6,629 and ₹6,805 per bbl during the session so far, against a previous close of ₹6,806 per barrel. China's July oil imports were down 18.8 per cent from the previous month to the lowest daily rate since January, but still up 17 per cent from a year earlier.
08.08 / 15:09
UPS
Citi
FIVE
BLOCK
Booking
CEO
KKR
Simon & Schuster purchased by private equity firm KKR for $1.62 billion
Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market
08.08 / 14:53
08.08 / 14:47
FIVE
debate
'Eager to listen to him': Pralhad Joshi takes dig at Rahul Gandhi for opting out of no-confidence debate
Rahul Gandhi asking why the Congress leader did not open the debate and said the treasury benches were 'very enthusiastically' waiting for his speech. Soon after Lok Sabha Speaker Om Birla called on Congress leader Gaurav Gogoi to begin the debate on the motion at noon, Joshi raised his objection and said that the government received a letter at 11.55 am that Gandhi would be speaking in place of Lok Sabha MP from Kalibor Gaurav Gogoi.
08.08 / 14:07
FIVE
Aviat
Airlines
Boeing
ICE
Discover
FAA warns of safety hazard from overheating engine housing on Boeing Max jets during anti-icing
Boeing 737 Max jets in dry air to avoid overheating engine-housing parts, which could cause them to break away from the plane. The Federal Aviation Administration says the risk to the flying public is serious enough that it will put the order into effect in just 15 days, and without allowing public comment first. The FAA said if the engine inlet gets too hot, parts of the housing could come off and strike a window, causing decompression and a hazard to passengers in window seats.
08.08 / 13:27
FIVE
Highways
country
NOT
Inflationary pressure is not strong, despite weather, says Sanjeev Sanyal
economic advisory council to the Prime Minister, Sanjeev Sanyal said Tuesday, two days before the Reserve Bank of India's August monetary policy announcement. The six-member monetary policy committee of the central bank began its meeting Tuesday. The committee members are expected to focus this time more on tomato and green chilli prices, which surged last month, leading to a rise in consumer price index (CPI) for the first time in five months.
08.08 / 12:29
UPS
Twitter
FIVE
Remark
We challenge you to furnish details of Union ministers' visit to Manipur in last 97 days: Congress slams Rijiju
Congress on Tuesday hit out at Union Minister Kiren Rijiju over his remark that the prime minister has directed ministers to visit the Northeast every 15 days, challenging him to furnish details of the visits of Union ministers to Manipur in the last 97 days. Intervening in the debate on the no-confidence motion against the government, Rijiju said, «When our government was formed, in the first cabinet meeting, (Prime Minister Narendra) Modi ji made a group and said that every 15 days, five cabinet ministers and seven ministers of state must tour the Northeast. It is still going on, all the ministers sitting here have toured the northeast.» «PM Modi has also given directives to officials to visit the Northeast and meet people.
08.08 / 12:29
FIVE
show
country
Tata Realty & Infra buys 25-acre land parcel in Bengaluru for Rs 986 crore
Tata Realty and Infrastructure Ltd (TRIL), the real estate development arm of Tata Group, has acquired a land parcel spread over 25.3 acres in Doddanekundi near Whitefield locality in Bengaluru for over Rs 986 crore. The company has bought the land parcel from Graphite India through its wholly owned subsidiaries TRIL Bengaluru Real Estate Five Ltd and TRIL Bengaluru Real Estate Six Ltd.
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