FIVE Financial News

01.08 / 12:51

FIVE Compilation Porsche Instagram Actor Celebrity social R Madhavan's son Vedaant learns to drive in a white Porsche after passing theory exam; netizens remember their Maruti 800 days

Vedaant Madhavan, who has won many medals for India, is now taking the next step towards adulthood as he gets enrolled for driving lessons. But, this phase of adulting isn't the usual one. It involves driving a classy set of wheels — the Porsche.

01.08 / 12:51

UPS Provident FIVE Align Chase Financial Cyber Cyber fraud victims should be immediately compensated by financial institutions: Parliamentary panel

New Delhi: A parliamentary panel has called for immediate compensation to cyber fraud victims by financial institutions, saying this will go a long way in demonstrating steadfast commitment to consumer protection and will push these firm to bolster their security measures. The committee strongly believes that there should be an «automatic compensation system as devised by the RBI and it should be the financial institution's sole responsibility to immediately compensate the hapless customer, pending further investigation and final traceability of funds», the Standing Committee on Finance headed by BJP MP Jayant Sinha has recommended in its report.

01.08 / 12:45

UPS Citi FIVE show country E-commerce industry to create 7 lakh gig jobs in second half of 2023: TeamLease

e-commerce industry is likely to create 7,00,000 gig jobs in the second half of this year as businesses are recruiting temporary workers to ensure best customer experience during the festive period, according to a TeamLease report. The country's e-commerce companies are gearing up to meet consumer demands during the annual shopping frenzy in the run-up to the festive season, and this surge is projected to generate almost 7,00,000 gig jobs in the second half of 2023, the staffing company said in its report on Tuesday.

01.08 / 11:39

UPS Target FIVE Compilation BlackRock MSCI BlackRock, MSCI Face Congressional Probes for Facilitating China Investments

The world’s largest asset manager and a top stock-market-index compiler are being investigated by a congressional committee for facilitating American investment in Chinese companies the U.S. government has accused of bolstering China’s military and violating human rights. The House of Representatives’ Select Committee on the Chinese Communist Party notified BlackRock and MSCI on Monday of the probes into their activities, according to letters viewed by The Wall Street Journal.

01.08 / 09:53

UPS FIVE Align Browser performer country Best of British – 3 fund ideas investing in our home market

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01.08 / 09:43

UPS Citi FIVE Morgan Stanley Emea boss Clare Woodman to chair FCA advisory panel

Morgan Stanley's Emea head Clare Woodman has been appointed to chair a panel of City grandees that advises the Financial Conduct Authority.

01.08 / 09:39

UPS FIVE Digital Extreme Aware CEO Align Add diversified multi-cap and flexi-cap funds over next 3-5 years: Anthony Heredia

«From a longer term perspective I think there is a larger degree of comfort. So for investors like us who tend to think in terms of three and five years when we look at buying a stock we find enough opportunities where valuation is not really a concern,» says Anthony Heredia, MD & CEO, Mahindra Manulife Investment Management.Let me start our discussion with the broad view on the market because market seems to be getting pretty divided on where the valuations are right now. What phase of the market cycle are we right now, some are saying mildly profit, others are saying long way to go, where do you stand on valuations?I think our view would be that it is a long way to go if you have a long time frame in mind right.

01.08 / 09:07

Citi FIVE Airlines Boeing show Akasa Air welcomes new Boeing 737 MAX 8-200, becomes first airline in Asia to do so

A post shared by Akasa Air (@akasaair) Akasa initially placed an order of 76 aircraft with American OEM Boeing. However, at the Paris Air Show 2023, the airline placed another order of four more Boeing 737-8, as per international expansion plans.

01.08 / 09:07

Citi FIVE ousted Myanmar's ousted leader Aung San Suu Kyi pardoned, now under house arrest

WION quoted state media reports on 1 August. As per a junta spokesperson, the popular Myanmar ousted leader's sentence has been reduced by six years in total. She was arrested two years ago in a daytime coup, following which a military junta took over the reins of Myanmar.

01.08 / 09:07

FIVE Berger Paints to declare bonus shares, Q1 results 2023 this month. Details here

Indian stock market bourses that its board will consider and approve the bonus share proposal while discussing its Q1 results 2023. Hence, Berger Paints shareholders are suggested to wait for declaration of Berger Paints bonus shares along with Q1 results for the financial year 2023-24.

01.08 / 07:55

FIVE Remark Parke love performer Indian Time NOT Kapil Dev asks BCCI to buy chartered flights for Indian team; and this is not the first time

Kapil Dev was asked whether India had the right board (BCCI) now, to which he replied that he wasn't sure. When the team performs exceptionally well, it appears to be the right board with nothing wrong, as per the veteran cricketer who spoke to The Week. Dev also mentioned that the right board should strive for improvement.

01.08 / 07:55

FIVE Waters CEO Inside After Titanic submersible tragedy, OceanGate cofounder Guillermo Sohnlein now aims to send 1,000 humans to Venus by 2050

Business Insider. Despite the death of Titan passengers, Sohnlein said that this should not stop humans, further adding that humanity must push the limits of innovation, the report added. His aim to send humans to Venus is not part of OceanGate, but his another company Humans2Venus of which he is a Founder and Chairman.

01.08 / 07:48

UPS FIVE ETF Manufacturing HSBC NIFTY Mutual fund houses launches 36 active, 30 passive NFOs in 2023

The thematic funds — other category had around 10 new fund offers during January to July 2023. The new schemes were from business cycle, innovation fund, defence, active momentum, non-cyclical consumer, quant, manufacturing, and transportation and logistics theme. The multi cap category had five new fund offers in the first seven months of 2023. Mutual fund houses such as HSBC Mutual Fund, Mirae Asset Mutual Fund, Tata Mutual Fund, Bank of India Mutual Fund, and Canara Robeco Mutual Fund came up with new fund offerings of multi cap schemes.

01.08 / 06:55

UPS FIVE Digital Hallmark performer Jewellery share price Why Thangamayil Jewellery Share Price is Rising

Thangamayil Jewellery, one of the top jewellery companies in India by growth, has seen a spectacular rise in the past two months. Shares of the company have witnessed a bullish breakout and are trading at their all-time high levels. Let’s find out why.

01.08 / 06:26

UPS FIVE country Exports are driving the total volumes: RC Bhargava, Maruti Suzuki

«The number of models may double from what we had at that time. We have now SUVs, we have electric vehicles, we have CNG, we have ethanol, we have hybrids, none of which were of much consequence in those days,» says RC Bhargava, Chairman, Maruti Suzuki.What are the changes that you have seen in the past few years? How are you dealing with the changing economic scenarios? The circumstances have changed substantially from 2014. And those circumstances now are different in the sense that the volumes of production which we have now and in the coming five, seven, eight years are going to be maybe three to four times higher than what they were when we started in 2014.

01.08 / 06:25

FIVE Platform Mobile show country social Over 3 lakh 5G sites installed within 10 months of service launch: Vaishnaw

Telecom operators have installed over 3 lakh 5G mobile sites within 10 months of launch of the service, Union Telecom Minister Ashwini Vaishnaw said on Tuesday. The 5G sites have been installed across 714 districts.

01.08 / 05:53

Provident Twitter FIVE Explained: Income tax implication of the sale of a flat within three years funded by a home loan

home loan. I have been availing income tax benefits in respect of repayment of a loan under Section 80C and interest under Section 24b on the home loan. Now I want to sell out this flat to buy a bigger flat.

01.08 / 04:33

FIVE Mobile Highways Maharashtra crane accident: PM expresses grief, announces Rs two lakh ex-gratia for kin of deceased

Narendra Modi on Tuesday condoled the loss of lives in the tragic accident at Shahapur in Maharashtra and announced an ex-gratia of Rs 2 lakh for the next of kin of each of the deceased and an assistance of Rs 50,000 for the injured persons.Sixteen workers were killed and three injured as a crane fell on a bridge slab during construction of the third phase of Samruddhi Expressway in Shahapur tehsil of Thane district on Tuesday, an official said. «Three to five persons are still feared trapped and efforts are on to rescue them,» an NDRF official said. The injured have been shifted to nearby hospital, he added.

01.08 / 04:32

COST UPS Citi FIVE Manufacturing country Global Trade War, AI and climate change shake up $32 trillion in global trade

These moments, which might seem unrelated, represent a transformation in world trade. US-China tensions and Russia’s invasion of Ukraine are leading companies to bring supply chains closer to home. A shift from fossil fuels is spurring demand for materials essential for electrification.

01.08 / 04:31

UPS FIVE Strategy Metro Discover Nestle Nescafe Bharat is discovering Nestle brands, there is secular growth: Suresh Narayanan

Suresh Narayanan, Chairman & MD, Nestle India, in conversation with Nikunj Dalmia of ET Now. Narayanan says, “Bharat is discovering the brands of Nestle. So earlier, as you would recall, we were largely a metro and a mega city company.

01.08 / 04:15

UPS Citi FIVE Pfizer track symptoms New study to focus on treatment for long Covid that causes symptoms like brain fog, sleep disorder

long COVID, an anxiously awaited step in U.S. efforts against the mysterious condition that afflicts millions. Monday's announcement from the NIH's USD 1.15 billion RECOVER project comes amid frustration from patients who've struggled for months or even years with sometimes-disabling health problems — with no proven treatments and only a smattering of rigorous studies to test potential ones.

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