FIVE Financial News

06.08 / 18:37

COST FIVE Booking Enterprise show SC spikes Binny plea against Sebi probe

real estate sector spanning 2014 to 2021. Earlier, the company had moved the Bombay High Court, seeking a stay on the investigation and urging it to direct Sebi to reconsider its settlement application. However, the Bombay high court dismissed the petition and ordered the company to bear the cost of Rs2.5 lakh for filing an appeal.

06.08 / 18:37

Provident FIVE Cooper place You are at right place, but came very late, Amit Shah tells Ajit Pawar

Home Minister Amit Shah on Sunday told Deputy Chief Minister and president of his own faction of the Nationalist Congress Party, Ajit Pawar, that he was in the right place but added that he took 'too long' to join the government with the BJP. «Today is the first time that Ajit Pawar and myself are sharing a dais. I would like to tell Ajit Pawar that after a long time you are sitting in the right place.

06.08 / 18:37

Citi Target FIVE Aware 2024 NOT Congress may not hold Bengaluru civic polls before 2024 general election

Bengaluru may have to wait for an elected council until Lok Sabha polls are over since efforts are being made to somehow put off the elections, according to people aware of the thinking in the ruling Congress. Congress ministers have publicly said that the polls to the city's civic body, Bruhat Bengaluru Mahanagara Palike (BBMP), will be held by December, the latest being transport minister Ramalinga Reddy, who made a statement last Friday. However, after the delimitation, there will be an appeal period, when people who want to push the polls ahead will have an opportunity to do so.

06.08 / 18:37

FIVE Inside BJP MLAs from other states to assess ground situation in Rajasthan and MP

Rajasthan unit, the BJP's central leadership has deputed 200 MLAs from five states to assess the ground situation in all 200 assembly constituencies in the state, sources said. These MLAs have been asked to spend a week this month in constituencies assigned to them and figure out the factors working both in favor and against the BJP, winning prospects of candidates and also look for probable candidates, sources in the party said.

06.08 / 18:37

COST Lowe's FIVE CEO Strategy Hindustan Zinc Limited won't borrow to keep paying dividends, says CEO

HZL) won't borrow to keep paying dividends and its financial heft hasn't been undermined by a series of generous payouts over the past one year or so, the company's chief executive Arun Misra said. The government is keeping an eye on HZL's dividends, a senior official had told ET last month, adding it would raise a red flag when it feels the company is using its borrowing proceeds to extend dividend to parent Vedanta and other shareholders. In an interview to ET, Misra also made it clear that HZL doesn't intend to revive its now-lapsed January proposal to buy parent Vedanta's global zinc business.

06.08 / 17:03

UPS Citi FIVE Remark Highways track country 15 rail stations in Haryana to be revamped under Amrit Bharat Station Scheme

Railway Minister Ashwini Vaishnaw for selecting 15 Haryana stations for redevelopment under the 'Amrit Bharat Station Scheme'. Prime Minister Narendra Modi on Sunday laid the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing. These stations are spread across 27 states and union territories and also include 22 in Punjab.

06.08 / 17:03

UPS FIVE Man social Portal Kerala govt to launch 'Athidhi Portal' on Monday for registration of migrant workers

In the wake of two recent sexual crimes against children, which were allegedly carried out by migrant workers, the Kerala government has decided to speed up the registration of the «guest workers» — as they are addressed by the Left government. On July 28, a five-year-old girl abducted from Aluva in Ernakulam District was brutally raped and killed allegedly by a migrant worker from Bihar. The child's family too hails from the same state.

06.08 / 16:37

COST Provident FIVE country Previous Congress govt neglected development of rail infrastructure in MP, says CM Chouhan; hails Modi

Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Sunday said the previous Congress government neglected the development of railway infrastructure in the state by allotting meagre funds for it. The rail, road and air networks have grown by leaps and bounds under the leadership of Prime Minister Narendra Modi in the country, he said. Chouhan was addressing a function at Vidisha station in Madhya Pradesh.

06.08 / 16:29

UPS Provident FIVE country cover Mind Why India must mind the consumer credit trap

Pros and cons Between March 2014 and March this year, the share of non-agricultural bank loans to industry, services and trade declined by almost 20 percentage points to just under 50%. Over this period, the share of consumer loans rose from 18% to 32%, according to RBI data.

06.08 / 16:25

COST UPS FIVE Platform stage cover How Sebi’s new dispute redressal mechanism empowers investors

Why ODR? SCORES, which is largely used by investors seeking redressal of complaints against stock brokers, is a comprehensive redressal system, which allows investors to escalate their complaint (see graphic) in a time-bound manner. In the final stage, the complaint is reviewed directly by Sebi and an investor who is not satisfied by Sebi’s review can now opt for ODR. Earlier, the IGRC resolved disputes between stock brokers, depository participants, commodity brokers and their clients.

06.08 / 16:13

COST Provident FIVE Destiny country end Financial Kashmir-Kanyakumari rail connectivity by end of this financial year: J&K LG Manoj Sinha

Narendra Modi laid the foundation stone for the redevelopment of 508 railway stations across the country at a cost of ₹24,470 crore under Amrit Bharat Station Scheme. The LG expressed gratitude to the Prime Minister for including three stations of J&K Union Territory (UT)-- Jammu Tawi, Udhampur and Budgam--under the Amrit Bharat Station Scheme. Sinha said the redevelopment of railway stations in the J&K Union Territory will give huge boost to connectivity and ease of travel for passengers.

06.08 / 15:41

FIVE Support NDA partner KPA withdraws support from Biren Singh government in Manipur

N Biren Singh government in Manipur. In a letter to Governor Anusuiya Uikey, KPA president Tongmang Haokip informed about the party's decision to snap ties with the BJP-led government in Manipur, where ethnic rioting since the last three months has claimed more than 160 lives.

06.08 / 15:29

Provident FIVE Mobile show Time Banks, ATMs to reopen for limited time in Haryana's Nuh on trial basis from August 7

workplaces by showing their identity cards on August 7. The report said the government on Sunday provided a free bus service to candidates going for CET examination centres in Kurukshetra, Panchkula, Karnal, Hisar and Panipat.

06.08 / 14:59

FIVE BAY show performer audience classical Returns After 732 days, Simone Biles returns in dominant fashion at US Classic after 2-year break

Simone Biles made a triumphant return at the US Classic, displaying her signature dominance and skill. The 26-year-old gymnast had distanced herself from the challenges she faced during the Tokyo Olympics and the pressures that come with being considered the greatest of all time.

06.08 / 14:51

COST UPS FIVE Strategy show It’s raining dividends again for shareholders

₹4 trillion in the last fiscal year, registering a 28% rise from 2021-22, a Mint analysis showed. The analysis is based on 439 of the BSE 500 companies for which data was available. This includes proposed payouts, and uses both audited and unaudited numbers.

06.08 / 14:25

UPS FIVE NASDAQ show week Top 5 things to watch in markets in the week ahead

Investing.com — All eyes will be on the U.S. in the coming week as inflation data is released. GDP data out of the U.K. will show how the economy is holding up in the face of continued rate hikes. Data out of China could point to deflation risks in the world’s number two economy. Here’s what you need to know to start your week.

06.08 / 13:41

Provident FIVE Reliance Industries Reliance Industries seeks shareholders approval to appoint Mukesh Ambani as CMD for next 5 years at nil salary

Reliance Industries Ltd (RIL) has sought the nod of shareholders to appoint Mukesh Ambani as chairman and managing director of the company for another five years till 2029. During this period he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar, according to a PTI report.

06.08 / 13:11

MET FIVE show NOT Bipasha Basu reveals daughter Devi had 2 holes in her heart, says ‘did not sleep for 40 days and 40 nights’

A post shared by Bipasha Basu (@bipashabasu) Basu also added that her husband and Devi's father Karan Singh Grover had been hesitant about the surgery that doctors recommended. She said, "I remember the third month when we went for the scan, I pretty much did all the research, met surgeons, had been to hospitals, spoken to doctors, and I was kind of ready, Karan was not ready. I knew that she had to be okay and I knew that she will be okay.

06.08 / 13:11

UPS FIVE Extreme cover Bihar, UP likely see very heavy rainfall in next 4-5 days: IMD

Heavy to very heavy rainfall is likely along the foothills of the Himalayas – that is, in Uttarakhand, northern Uttar Pradesh, Bihar, sub-Himalayan West Bengal and Sikkim, and Northeast India – over the next four to five days, the India Meteorological Department said. This is due to a cyclonic circulation over south Bihar, and because the monsoon trough may change its normal position to north or along the foothills of Himalayas over the next three to four days, IMD added.

06.08 / 13:01

UPS Waves Target FIVE letter Karnataka: CM Siddaramaiah to meet with groups of Congress MLAs on Monday, the first after last month’s letter war

DK Shivakumar will hold their first meeting with a group of Congress MLAs in Bengaluru on Monday to hear out their grievances in a bid to stem any displeasure among the party’s lawmakers about the 10-week old government. The meeting comes in response to a promise the CM held to his party MLAs, last month, after about a dozen MLAs wrote to him demanding a Congress legislature party (CLP) meeting. He offered to meet MLAs district-wise every month.

06.08 / 13:01

UPS Provident FIVE Reliance seeks shareholder nod to appoint Ambani as head for another 5 years at nil salary

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar.

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