FIVE Financial News

04.08 / 13:21

UPS FIVE Odyssey love concert Indian Cambridge University launches fellowship to study Indian indentured labour history

Selwyn College appointed Guyanese-American Professor Gaiutra Bahadur last week as the «Ramesh and Leela Narain visiting bye-fellow in Indentureship Studies». Bahadur is the author of 'Coolie Woman: The Odyssey of Indenture', a major study of the lives of Indian women who became indentured labourers to colonial plantations in the 19th century. «I am honoured and delighted to be the inaugural visiting bye-fellow in indentureship studies,» said Bahadur.

04.08 / 10:21

UPS Provident FIVE show exclusive MP, Haryana, TN, Bihar and Bengal top states with highest placement of skilled workers under PMKVY

Madhya Pradesh, Haryana, Tamil Nadu, Bihar and West Bengal have emerged as top five states with highest placement of skilled workers compared to other bigger states with higher number of certified candidates, suggesting greater demand for skilled workers in these states. As per the official data of the Pradhan Mantri Kaushal Vikas Yojana since the launch of the scheme in 2015, Madhya Pradesh provided jobs to 30.7% of its skill certified candidates under PMKVY followed by Haryana (29.6%), Tamil Nadu (27.6%), Bihar (25.4%) and West Bengal (24.7%).

04.08 / 09:29

FIVE Reuters VISA Strategy Mobile Qualcomm Warning Qualcomm India appoints Savi Soin as President amid warning of potential job cuts

Indian market. The statement said, “Qualcomm Incorporated today announced the appointment of Savi Soin as senior vice president and president of Qualcomm India," reported PTI. Savi Soin, who has been with Qualcomm for more than two decades, previously served as the head of strategy and business development at Qualcomm Technologies' semiconductor division.

04.08 / 09:29

COST FIVE Manufacturing Vodafone country Top 5 Smallcap Stocks to Watch Out for as India's 5G Revolution Begins

rollout of 5G networks in terms of districts. 5G networks have been rolled out in 717 districts across the country as of 7 July 2023. So far, Reliance Jio and Bharti Airtel have aggressively rolled out the network while Vodafone Idea has been struggling to raise funds.

04.08 / 07:49

FIVE Progressive Remark Discover 135Million Indians came out of poverty trap in five years | Mint Primer | Mint

Discover the remarkable progress India has made in... moreDiscover the remarkable progress India has made in reducing multidimensional poverty, with 135 million people lifted out of deprivation.

04.08 / 07:49

UPS FIVE Mobile Inside Haryana Violence: Gurugram mosques cancel Friday prayers amidst communal tension

Haryana, the Muslim community in Gurugram has been advised to observe Friday prayers at home. As reported by NDTV, the clashes, which began in Nuh on Monday and have since spread to Gurugram and other districts, have resulted in the deaths of six people, including two home guards and a cleric. The violence originated during a Vishwa Hindu Parishad (VHP) rally, where a mob attacked the procession with stones, leading the participants to seek refuge inside a temple, the report noted.

04.08 / 07:49

FIVE awards small-cap Small-cap to consider issuance of bonus shares. Sets board meeting on August 10

Bonus shares 2023: Lancer Container Lines shares are one of the small-cap stocks that will be in focus next week. Reason behind this is its board meeting scheduled on 10th August 2023 i.e. on Thursday next week.

04.08 / 07:33

UPS FIVE Chase Mosaic performer asset allocation What should be a good asset allocation, short, medium and long term? Maneesh Dangi answers

Maneesh Dangi, Founder, Macro Mosaic, says “investors should look to increase surface area, all sorts of investors. Those who are already fully invested in Indian equities and are anxious as to why prices are not going up, we should guide them to add at least two more assets – Indian bonds and US equities. ”Dangi also says that since “the markets are intrinsically cyclical, no story including that of India's is secular.

04.08 / 06:49

UPS Target FIVE NIC Fighting Southern Brolga rules could threaten more wind farms

Several other wind farms planned in western Victoria are in the firing line of rules being imposed to protect the iconic brolga waterbird, opening up the possibility that a big chunk of renewable power generation needed to help meet climate targets does not proceed.

04.08 / 06:31

FIVE Strategy Mobile Qualcomm Qualcomm India appoints Savi Soin as President

Savi Soin as president of Qualcomm India, to steer and lead the company's strategy for the Indian market. Rajen Vagadia, Qualcomm India president for the last five years, will relocate to Qualcomm headquarters in San Diego and transition to a new role as a Vice President to lead Global Distribution and Global Carrier Strategy.

04.08 / 06:31

COST UPS FIVE Booking stage We want to be the top few preferred brands in NCR in real estate: Sahil Vachani, Max Ventures

«So, Max Estates now directly gets listed. Of course, the name will change to reflect the nature of our business and as an offering, it is a pure play real estate development company focussed on the national capital region,» says Sahil Vachani, Max Ventures.Let us understand the thought behind this change. It is just a change of the name by merging it with a subsidiary. Was there a need to do this?Yes, so the idea was to be able to directly list Max Estates and take away the holding company structure.

04.08 / 05:43

FIVE CEO NIFTY SENSEX show Benchmarks FPI inflows hit 11-month high in July, lift benchmarks to fresh highs

FPIs) bought Indian shares worth 466.18 billion rupees ($5.63 billion) on a net basis in July, data from the National Securities Depository Ltd (NSDL) showed on Friday. This is the highest monthly FPI inflows since August 2022. Sustained FPI inflows have powered the uptick in the blue-chip Nifty 50 and S&P BSE Sensex, driving the benchmarks to record highs.

04.08 / 04:45

FIVE Manipur unrest: Mob loots AK, 'Ghaatak' rifles, other weapons from police armoury

Manipur violence: In the latest incidence of violence, a mob reportedly broke into a police armory in Bishnupur district and looked for weapons like AK and Ghaatak series of assault rifles and over 19,000 bullets of various caliber. According to a report by the PTI news agency, the mob broke into the armory at the battalion headquarters of the 2nd India Reserve Battalion (IRB) located at Naranseina.

04.08 / 03:41

UPS FIVE Assurant Shell Manipur HC orders status quo on mass burial site; 1 policeman dead, over 25 injured in violence

Manipur's ethnic violence, the state's high court on Thursday ordered that the status quo be maintained at the proposed burial site in Churachandpur district, while ITLF, an apex tribal body, said it was postponing the funeral service plans by seven days following requests from the Union home ministry. Meanwhile, over 25 people were injured in clashes as Army and RAF personnel fired tear gas shells in Kangvai and Phougakchao areas in Bishnupur district on Thursday to stop processions from proceeding to the proposed burial site violating restrictions on gatherings, officials said.

04.08 / 02:23

Lowe's FIVE Digital Disney Platform star cricket BCCI to charge more from digital platforms than TV for cricket matches telecast

OTT platforms, Board of Control for Cricket in India (BCCI) set a higher base price for digital rights compared with TV. It has also reduced the overall base price to ₹45 crore per match for upcoming media rights cycle. The base price stood at ₹61 crore per match for Disney star paid in the recent cycle.

04.08 / 01:45

FIVE Strategy Pool Matthews show country Australian Bank of America’s Australian investment bank morphs into regional hub

Bank of America has made two high-profile changes in its investment bank, building on a successful strategy of elevating Australian bankers into broader regional roles this year.

04.08 / 01:19

COST Lowe's FIVE Manufacturing country No merger, Sanghi to stay listed for now: Karan Adani

The Adani Group, which announced the acquisition of Gujarat-based cement maker Sanghi Industries on Thursday, plans to increase its overall cement manufacturing capacity to 140 million tonnes in the next five years. Karan Adani, director, Ambuja Cement, told ET's Deborshi Chaki and Nehal Chaliawala in an interview that the group is open to more acquisition opportunities. Edited excerpts:How did this deal come about? There are three unique things about this company.

04.08 / 00:59

UPS Provident FIVE BLOCK Digital Platform country penalty Rs 250 crore penalty for breaches in new data bill tabled in Parliament

Digital Personal Data Protection (DPDP) Bill, 2023 in the Parliament on Thursday. An older version of the Bill — which was five years in the making – had been withdrawn exactly a year ago. The new legislation aims to give people tighter control over the use of their personal information by businesses as it lays out strict conditions for data sharing, processing and storage.

04.08 / 00:59

UPS FIVE BLOCK Manufacturing Strategy performer Blackstone sets its sights on buying out Hamieds from Cipla

Blackstone, the world’s largest private equity fund, is set to submit a non-binding bid as early as next week to acquire the entire 33.47% promoter stake in Cipla, India’s third-largest generics company by revenues, said people in the know. This will formally start a process which could see the eventual exit of the Hamied family from the company they created in 1935, and which has often been seen as a crusader against Big Pharma’s pricing strategies in emerging markets on account of its championing of affordable drugs. The move by Blackstone, if it comes about, will also trigger an open offer for an additional 26% of the company.

04.08 / 00:59

FIVE Digital Disney Sony star cover BCCI sets digital base price higher than TV for bilateral matches

BCCI) has set a higher base price for digital rights compared with TV while lowering the overall base price to Rs 45 crore per match for the upcoming media rights cycle compared to Rs 61 crore per match that Disney Star paid in the recently concluded cycle. In cricket, the base price for digital rights has never been higher than TV rights in the past. As per the tender released by the BCCI on Wednesday, the board has set a base price of Rs 20 crore per match for Package A, which comprises the TV rights for the Indian subcontinent.

04.08 / 00:39

Provident FIVE CEO Telstra Fast internet provider GigaComm raising $100m; Morgan Stanley in

Four-year-old telco GigaComm, which is run and backed by former Macquarie Capital suits, is sounding investors for a chunky raising to bankroll the infrastructure it needs to get into a million Australian homes.

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