FIVE Financial News
27.07 / 02:21
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Man
country
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Mutinous Niger soldiers claim to have overthrown president
Niger government on Wednesday following an apparent coup in the fragile state. Disgruntled members of the elite Presidential Guard sealed off access to President Mohamed Bazoum's residence and offices in the capital Niamey, and after talks broke down «refused to release» him, a presidential source said.
27.07 / 02:13
COST
UPS
FIVE
Patrick
At $250k a day, battle of Perth billionaires is ultimate lawyers’ picnic
The showdown between the Wrights and Rineharts over billions of dollars of mining royalties has attracted a galaxy of legal talent to the West Australian Supreme Court at a cost of at least $250,000 a day.
27.07 / 02:13
Target
FIVE
NIFTY
SENSEX
show
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 27th July
Buy or sell stocks for today: After showing weakness in the last few sessions, Indian stock market shifted into an upside bounce with volatility on Wednesday and closed in green territory. NSE Nifty gained 97 points and closed at 19,778 levels, BSE Sensex surged 351 points and ended at 66,707 whereas Bank Nifty index added 217 points and finished at 46,062 mark.
27.07 / 02:09
Citi
FIVE
BLOCK
Booking
Williams
Airlines
JetBlue
American Airlines
Judge rejects US bid to restrict American Airlines, JetBlue deals
By Nate Raymond and David Shepardson
27.07 / 02:01
Provident
FIVE
Software
TCS
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performer
Will Tech Mahindra bounce back in the next quarter? Sandip Agarwal answers
«So, I will just say that there are lot of things which are happening, lot of moving parts happening, lot of leadership change and all, so obviously weak set of numbers,» says Sandip Agarwal, Independent Market Expert.I do not remember the last time we saw a margin profile of around sub-7% for Tech Mahindra. Last year or in FY21, the EBIT margin number used to be well above 16%, now 6.8.Yes, so this is obviously a very weak set of numbers and as you rightly mentioned these things happen once in a decade type and we have seen this last quarter in one of the companies and then that company bounced back substantially in the margin and so the stock price.
27.07 / 00:37
UPS
Provident
FIVE
Platform
Enterprise
social
Customer
Customer experience platform Kapture CX raises $4 million in funding
Kapture CX said that it has raised $4 million as a part of its latest round of funding led by venture capital firm Cactus Venture Partners (CVP). According to the company, it will utilise the capital to expand its presence across international markets, enhance its product offerings as well as strengthen its team. Founded in 2014, Kapture CX provides a customer support automation platform to enterprise customers helping brands improve their customer experience.
26.07 / 23:02
Provident
Target
FIVE
Digital
Extreme
voice
LS okays Forest bill amid Manipur row
NEW DELHI : Six bills were introduced in the Lok Sabha on Wednesday, of which the key Forest (Conservation) Amendment Bill, 2023, was approved, amid continued protests by Opposition parties over the violence in Manipur and adjournments since the monsoon session started. The forest conservation bill is part of two key bills dealing with forests and biodiversity making their way through the Parliament in the monsoon session.
26.07 / 21:39
FIVE
Compilation
Discover
love
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song
Taylor Swift fans can show off their Top 5 eras; Here’s what you need to know about Spotify’s new feature for Swifties
Swifties on Spotify, the moment you've been eagerly anticipating has arrived. Spotify has introduced an exciting new interactive feature where users can officially select their top five favourite Taylor Swift albums, also known as «Eras» within the fandom. Spotify’s new feature called 'My Top 5: Taylor Swift's Eras,' allows fans to discover their most-listened Taylor Swift era in addition to their top songs and artists in Spotify Wrapped. As Taylor discusses her potential feminist version of Succession for her next project, her fans can now discover their most beloved Era.
26.07 / 20:55
UPS
FIVE
Career
Strategy
$425 million advisory team jumps to LPL from Merrill
Terri L. Conger and her team have made a break from Merrill Lynch and joined LPL Financial to set up an independent practice, Pacific Legacy Wealth Partners.
26.07 / 20:05
26.07 / 18:25
COST
UPS
FIVE
Platform
country
Whyte & Mackay single malt whisky finds key mkt in India
₹5,000 to ₹12,000 in Delhi and West Bengal, and is now looking to add two new variants in India with its local partner VBev, owned by Vinspri Distributors Pvt. Ltd, which posted revenue of ₹9.2 crore in FY22 from ₹6 crore in the previous fiscal year. VBev’s profit after tax was at ₹96 lakh in FY22, from a loss of ₹1.8 crore in FY21, according to filings with the ministry of corporate affairs, and accessed via business intelligence platform Tofler.
26.07 / 17:05
UPS
FIVE
Aware
Manufacturing
Airlines
5 IndiGo aircraft will need engine change by September due to Pratt & Whitney issue: Sources
IndiGo aircraft will need immediate examination due to a technical issue that has cropped up with Pratt and Whitney’s (P&W) geared turbofan engines. People aware of the development said that while 11 aircraft of the airline have been identified for examination by September, six are already grounded due to lack of spares. While the airline has 136 aircraft in its fleet fitted with P&W engines, 47 aircraft are grounded due to maintenance work, and shortage of engines and spares.
26.07 / 17:05
UPS
Provident
FIVE
Extreme
stage
Study finds details of investment projects in Mizoram
Mizoram has announced during the last five years (2018-19 to 2022-23) new investment projects in the state worth Rs.7118 crore and completed projects worth Rs.320 crore and the projects under implementation and or are at various stages of completion of Rs,1,33,078 crore according to the just concluded study conducted by the MSME Export Promotion Council and the Confederation of Organic Food Producers and Marketing Agencies (COII). The study was released by MSME EPC chairman Dr D S Rawat.
26.07 / 16:29
UPS
FIVE
Fighting
Strategy
Chase
Where to Put Your Cash After the Fed Raises Interest Rates
All the boring old ways to save money made a comeback the past 18 months as the Federal Reserve increased interest rates to fight inflation. Savers piled into government I bonds, high-yield savings accounts and staid bank certificates of deposits chasing better returns on their money. Fortunately for those who never bothered to move their cash to greener pastures, there is still time to give your savings a boost, financial advisers said.
26.07 / 15:31
FIVE
country
GST Council to clear online gaming taxation law changes on 2 August
₹23,100 crore, according to the agency. India has the largest fantasy sports market, with a user base of 180 million, according to Invest India.
26.07 / 15:29
Provident
FIVE
Align
BlackRock
show
performer
track
“Our glass is half empty” — why your clients are worried
A recent study conducted by BlackRock, the global money manager with $9.4 trillion in assets, has revealed a concerning trend among participants in U.S. retirement plans. Over the past two years, there has been a significant increase in pessimism regarding their ability to save for retirement. Economic anxiety is on the rise due to factors like high inflation and volatile markets.
26.07 / 15:01
FIVE
PM to dedicate 1.25 lakh Kisan Samridhi Kendras to nation from Sikar on 27 July
₹17,000 crore under PM-KISAN, which will directly benefit more than 8.5 crore farmers. To strengthen the state’s health facilities, PM Modi will also inaugurate five new medical colleges at Chittorgarh, Dholpur, Sirohi, Sikar, and Sri Ganganagar.
26.07 / 15:01
UPS
Provident
FIVE
Digital
CEO
performer
Strong US sales growth, sustained domestic momentum helps Cipla Q1 net profit beat estimates
₹996 crore that grew 45.1% year-on-year (YoY) beat Bloomberg consensus analysts' estimates of ₹860.4 crore. The company's income from operations at ₹6,329 crore was up 17.7% YoY. The reported Ebitda at ₹1,494 crore also grew 30.7% YoY.
26.07 / 14:18
UPS
Target
FIVE
VISA
Enterprise
Adani Group stocks gain ₹57,201 crore m-cap in two sessions; Adani Green biggest contributor
₹57,201 crore. The majority of the gains came from Adani Green Energy Ltd, which contributed ₹23,618 crore, Adani Power Ltd, which added ₹6,738 crore, and Adani Enterprises Ltd, which chipped in ₹5,728 crore. Due to rising interest from domestic investors, the majority of market cap gains were seen during Tuesday's trading session, according to analysts.
26.07 / 14:18
IPO
Lowe's
FIVE
Digital
Manufacturing
PAM
show
Flair IPO: Rewriting the pen sector’s growth story?
₹745-crore initial public offer (IPO) by leading pen manufacturer Flair Writing Industries has put the spotlight on the sector’s prospects in today’s times. Various studies around the world have suggested better learning and stronger brain activity using traditional writing tools compared to smart digital writing devices. A 2014 study by US researchers Pam Mueller and Daniel Oppenheimer showed that longhand notes lead to better learning against typing out on a laptop.
26.07 / 13:25
Citi
Twitter
FIVE
Parke
show
cover
social
collapses
New York City: Construction crane partially collapses after catching fire; 2 injured
New York City authorities are cautioning the public to stay away from a specific section of Manhattan on Wednesday morning. Social media users are sharing videos and pictures of a construction crane that caught fire after partially collapsing. The New York City Police Department posted a tweet advising people to avoid the vicinity of 10th Avenue and 11th Avenue, stretching from West 41 Street to West 42 Street, due to the crane collapse.
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