FIVE Financial News

25.07 / 19:03
UPS Provident FIVE Annuities selling at record level as clients look for growth and buffers
Annuity sales have rocketed to record levels this year, fueled by demand for products that give contract owners stock exposure but provide limits that keep them from getting burned too severely by market drops.
25.07 / 18:37
UPS FIVE J&K elections likely to be held along with Lok Sabha polls next year
While a November 2023 option for J&K assembly polls was being considered earlier, that possibility is growing increasingly dim. ET gathers that availability of adequate security personnel is the key concern at the poll panel's end given five other state elections are also lined up for year end. Therefore, polls in the Union territory could instead be phased alone or along with adjoining north Indian states in the Lok Sabha election calendar to ensure overall adequate availability of personnel in the region.
25.07 / 18:37
UPS Citi MET FIVE Waters Extreme Low Telangana rains: Two girls washed away in Mahabubnagar district; low-lying areas inundated at several places in state
Mahabubnagar district in Telangana following downpour as heavy rain continued to lash the state leading to inundation of low-lying areas and disruption of road links at several places in the state on Tuesday. The two teenaged girls, who were crossing the stream, did not realise the current of water and got swept away, police said. Their bodies were found by local people later, they said.
25.07 / 17:47
FIVE SUN Canara Bank, Sun TV, 3 others placed under F&O ban on NSE for July 26; check details
Canara Bank, Delta Corp, Indiabulls Housing Finance, RBL Bank, and Sun TV Network Limited are the five stocks that are a part of the F&O ban list by the stock exchange for Wednesday. The NSE updates the list of securities in F&O ban for trade everyday.
25.07 / 17:21
Lowe's MET FIVE DNA How HDFC’s mutual fund, ICS give succour to cancer patients
Santosh Sahu was just 25 years old when he was told that he had cancer. The news stunned him. Sahu, a resident of a small town in Odisha, was initially perplexed as he did not use either tobacco or alcohol. He was also fussy about his diet to the extent that he even avoided tea or coffee. Doctors then confirmed that he had blood cancer. It is caused by mutations in the DNA within one’s blood cells, which start behaving abnormally. The changes are not genetic faults that pass down to children.
25.07 / 15:47
UPS Provident FIVE Pool MCD country Arvind Kejriwal writes to Nirmala Sitharaman, points to Delhi's 'frozen' share in central taxes
Finance Commission, Chief Minister Arvind Kejriwal has written to Union Finance Minister Nirmala Sitharaman, pointing to Delhi's «frozen» share in central pool of taxes even as he demanded that Delhi be treated as a «unique case». Alleging «stepmotherly and unfair» treatment by the Centre, Kejriwal said Delhi's share in central pool of taxes was «frozen at astonishingly low» amount of Rs 350 crore for the last 23 years.
25.07 / 15:47
UPS FIVE Aviat Mobile HANS Jyotiraditya Scindia unveils UDAN 5.2, says aviation sector fleet size has expanded 75 pc since 2013
Jyotiraditya Scindia on Tuesday said the aviation sector has seen an exponential growth in the last few years with the fleet size expanding from 400 aircraft in 2013 to 700 now and this number is likely to rise up to 1,500 in five years. Attending a summit here, Scindia launched UDAN (Ude Desh ka Aam Naagrik) 5.2 programme for small aircraft, aimed at enhancing air connectivity to remote areas of the country, and a mobile application for chopper operators to seek approvals from government authorities. The UDAN 5.2 programme and the HeliSewa app were launched by the minister in Khajuraho in Madhya Pradesh while inaugurating the 5th Helicopter & Small Aircraft Summit (Heli Summit 2023) and three Flight Training Organizations (FTOs). «We today started UDAN 5.2 programme for small aircraft. We have awarded 22 routes, which underlines the fact that air travel facilities are being made available to citizens living in remote areas under the leadership of Prime Minister Narendra Modi,» Scindia said at the event. Speaking about HeliSewa, the minister said it is a single window service platform for helicopter operators who will be able to get all approvals from ATC (air traffic control) on mobile phone.
25.07 / 14:59
UPS FIVE CEO Remark Inside open Former staff of Canadian fashion giant Aritzia open up about ‘culture of fear’. 4 toxic workplace red flags you should never ignore
Aritzia have spoken about the toxic company culture. In an interview with Insider, the former employees described in vivid detail the “exploitative” culture at Aritzia. Besides the inhuman amount of work pressure, the employees were also subjected to various sorts of psychological abuse and microaggressions.
25.07 / 14:39
Twitter FIVE EBAY CEO Action settlement Goodyear Tire to expand board in settlement with Elliott
(Reuters) -Goodyear Tire & Rubber Co said it would add three directors in agreement with Elliott Investment Management, months after the activist investor disclosed a stake and called for changes to strengthen the company's financial position.
25.07 / 13:16
FIVE Manufacturing L&T Q1 Results: L&T board approves investment of ₹506 crore in L&T Energy Green Tech. Check details
₹2,493 crore which was 46% more than ₹1,702 crore reported during the corresponding quarter in the previous fiscal year. The L&T board also approved an “additional investment of an amount upto ₹506 crore (Rupees Five Hundred and Six Crore only) in L&T Energy Green Tech Limited, existing subsidiary of the company." The investment amount will not exceeding ₹506 crore, the company said. The proposed investment will be made either by subscribing to equity or preference shares or by way of Inter Corporate Deposits or company guaranteed debt or a combination of these and will be done at "arm's length".
25.07 / 13:15
IPO Provident FIVE Booking Entertainment Celebrity band Innovatus Entertainment IPO: GMP, subscription status on day 1, and other key details here
₹50 per equity share and the share will be listed on the BSE SME exchange Friday, 4 August. The Innovatus Entertainment IPO has a total issue size of ₹774.00 lakh, which consists of freshly issued equity shares. The company plans to use the net proceeds from the offering to finance several objectives, including meeting extra working capital needs, buying exhibition-related merchandise, and basic business needs.
25.07 / 13:09
Provident FIVE country cover Over 8.75 lakh HUFs claimed Rs 3,803 cr tax deductions in 2022-23: Finance Ministry
Hindu Undivided Families (HUFs) have filed income tax returns (ITRs) and claimed deductions worth Rs 3,803 crore during 2022-23, the Finance Ministry said on Tuesday. Minister of State for Finance Pankaj Chaudhary in a reply to the Rajya Sabha provided details of the number of Hindu Undivided Families (HUF) availing tax benefits (in the form of deduction under Chapter VIA of the Income-tax Act) during the last five years. To a question on whether the government has assessed the impact of the Uniform Civil Code on tax benefits to HUFs in the country, the minister said: «No such assessment has been made as there is no such Code at present».
25.07 / 11:45
UPS FIVE Digital Tata Motors appoints Rajesh Kannan as President and CDIO
Tata Motors have announced the appointment of Rajesh Kannan as President and Chief Digital and Information Officer. The appointment will be effective from 1 August, 2023, the firm said in a stock regulatory filing on 25 July.
25.07 / 11:19
UPS FIVE Rhythm song fun These Chirping Sounds Can Soothe Your Anxiety
Bertha Masuda has a new self-help guru: a dark-eyed junco bird. She watched a pair of the birds feed their young in her geranium planter for weeks this spring. Then one day, Masuda realized that the chicks had flown the nest.
25.07 / 11:19
UPS Provident FIVE Booking Mobile blues Enigma Ambier N8 electric scooter with up to 200km range launched, price starts at ₹1.05 lakh
Enigma Ambier N8 is competitively priced, with a range starting from ₹1,05,000 to ₹1,10,000 (ex-showroom) depending on the buyer's location. Enigma Automobiles has already commenced online bookings for this new electric scooter. The N8 Thunderstorm model is available in five attractive colors, including Grey, White, Blue, Matte Black, and Silver.
25.07 / 10:12
UPS Target FIVE Manufacturing electronic Consumer electronics brand Skyball to generate Rs 40 crore revenue from smartwatch category
Skyball is expected to generate Rs 40 crore in revenue this year from the smartwatch category, a senior executive said. The brand currently focus on home audio and smart accessories plans to come up with five new smartwatch models this year.
25.07 / 09:47
COST Citi FIVE Dreams Browser show Costs Boom in ultra-long mortgages that mean a £500k house costs £1m
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25.07 / 09:45
UPS Citi Provident FIVE Highways Bengaluru-Mysuru Expressway: Six categories of vehicles banned from next month
Bengaluru-Mysuru Expressway, Times of India reported. The report cited a notification from NHAI which states that the movement of high speed vehicles may pose risk to the safety of certain classes of comparatively slow moving vehicles such as bikes, autos, tractors, non-motorized vehicles and others. So NHAI has prohibited six categories of vehicles such as motor cycles (including scooters), three wheelers (including e-carts and e-rickshaws), non-motorized vehicles, tractors with or without trailers, multi-axle hydraulic trailer vehicles and quadri-cycles on the Bengaluru-Mysuru Expressway.
25.07 / 09:37
UPS IPO Lowe's FIVE 5:2 bonus shares: Multibagger SME IPO turns ₹1.44 lakh to ₹25.20 lakh in five years
Multibagger IPO: The initial public offerings (IPO) of Iris Clothings Ltd was launched in October 2018 and the fixed price issue was proposed for listing on NSE SME exchange. the public offer was offered at ₹90 apiece and one lot of the NSE SME IPO comprised 1,600 company shares. The SME stock had a muted debut on NSE SNE exchange as the stock listed at ₹92 per share levels, delivering ₹2 per share listing gain to its allottees.
25.07 / 09:37
UPS Citi FIVE CEO Remark Metro Pride Royal Enfield Hunter 350 bike achieves 2 lakh sales milestone in less than one year
Royal Enfield announced on Tuesday that its Hunter 350 model has achieved a remarkable milestone, surpassing cumulative sales of 2 lakh units in less than a year since its launch. The Hunter 350 was introduced in August 2022 and reached the 1-lakh sales mark in February 2023. Within just five months since then, it accomplished the next 1 lakh units in sales, as stated by Royal Enfield.
25.07 / 08:03
UPS Lowe's FIVE Aware Action show Have burgers & chips for lunch? Eating junk food can worsen your asthma that afternoon
asthma. Others may make it worse. Depending on what you've eaten, you can see the effects in hours. Food can affect how well your lungs function, how often you have asthma attacks and how well your puffer works. Here's what we know about which foods to eat more of, and which are best to eat in smaller amounts, if you have asthma.

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