FIVE Financial News

06.07 / 10:09
UPS Citi FIVE Landmark Discrimination committee California Committee passes landmark bill to prohibit caste discrimination
equality and social justice, the Assembly Judiciary Committee of California recently conducted a hearing for Senate Bill 403 (SB403), which aims to prohibit caste discrimination, according to a report published by ABC10.  If passed, California would become the first state in the United States to explicitly ban caste-based discrimination by including caste as a protected category under the state's Unruh Civil Rights Act, as well as fair housing and employment laws. The bill has been passed by the Assembly Judiciary Committee, and now it will move to the Appropriations Committee.
06.07 / 10:09
FIVE Enterprise Adani Green Energy shares edge higher as board approves raising ₹12,300 crore via QIP
Adani Green Energy Ltd will raise ₹12,300 crore by selling shares through qualified institutional placement, or QIP, or other permissible mode in accordance with the applicable laws, the renewable energy arm of the Adani Group said in a regulatory filing after its board meeting on July 6. The fundraising will likely ease concerns of billionaire Gautam Adani's port-to-power conglomerate ability to service its debt and help in instilling some confidence among investors.
06.07 / 10:09
FIVE Highways PM Narendra Modi to visit these 4 states on 7,8 July to inaugurate, lay foundation stone of projects; Details here
Narendra Modi is scheduled to visit four states on 7 and 8. July  On 7 July, he will visit Chhattisgarh and Uttar Pradesh, while on 8 July, he will visit Telangana and Rajasthan. In Raipur, Chhattisgarh, the Prime Minister will dedicate and lay the foundation stone for several development projects worth approximately ₹6,400 crores.
06.07 / 08:41
MET FIVE Action Fighting Strategy Rajasthan Election 2023: Mallikarjun Kharge, Rahul Gandhi deliberate poll strategy with leaders in Delhi
Ahead of the upcoming election in Rajasthan which is scheduled later this year, top Congress leaders on Thursday are holding deliberations with party leaders in Rajasthan in New Delhi on poll strategy and preparedness, as well as to resolve the ongoing tussle between Chief Minister Ashok Gehlot and his former deputy Sachin Pilot, reports PTI.
06.07 / 08:41
UPS Provident FIVE VISA MasterCard network Credit Card portability: Change from Visa to MasterCard to RuPay or any network soon – What RBI said
Credit Card portability rules 2023: From October 1, credit card, debit card and prepaid card customers will be able to port their networks. For example, card users would be able to port from Visa to MasterCard to RuPay or to any other network or vice-versa as per their choice.
06.07 / 08:41
FIVE Hyundai Tata Nexon, Hyundai Creta, Maruti Suzuki Brezza and 7 other top SUVs sold in June, 2023
Hyundai Creta that saw a 4.76% year-on-year increase in sales. The SUV found 14,447 homes in June 2023 as compared to 13,790 in the same month last year. Creta contributed to 14.21% of total SUV sales made in June this year.
06.07 / 08:41
Provident Lowe's FIVE Extreme Strategy NIFTY ‘Investing in undervalued asset classes is what makes you money’
Hybrid strategies help deliver better risk-adjusted returns as they have cash and can identify undervalued assets to invest in, says S Naren, ED and CIO of ICICI Prudential AMC. In an interview to Siddhant Mishra, he says bulk of the money coming through the SIP route shows investors have been extremely disciplined in how they use mutual funds to create long-term wealth. Excerpts:
06.07 / 08:17
UPS FIVE NIFTY SENSEX week These 3 midcap stock rose the most in this week. Do you own any?
Nifty 50 is heading towards levels of 19,500 after crossing the 19,450 mark. Sensex up nearly 200 points at 65,637, while the Nifty 50 above the mark of 19,450 at 19,453 and Nifty Bank up nearly 150 points, after being flat earlier.
06.07 / 08:17
MET FIVE Maharashtra Political Crisis: ‘When are you going to..,’ Ajit Pawar questions Sharad Pawar's retirement age
Nationalist Congress Party (NCP) in Mumbai, has reportedly submitted a petition to the Election Commission of India, asserting his right to the NCP and its election symbol. As per a report by The Wire, Jayant Patil, a supporter of Sharad Pawar, Ajit's uncle and the president of the NCP, has reportedly filed a separate note of caution with the Election Commission. The note highlights their intention to disqualify the nine party MLAs who joined the Maharashtra government led by the Bharatiya Janata Party (BJP).
06.07 / 08:17
COST Provident FIVE Airlines Parke TCS Bali IRCTC tourism offers 5 nights 6 days tour to Bali. Check dates, itinerary, package cost here
Indian Railways has announced Awesome Bali package for five night six days from Lucknow. The tour provided by IRCTC or Indian Railway Catering and Tourism Corporation will commence from Lucknow on 11 August. The package features sightseeing of the major Tourist attractions of BALI - Kintamani Tour, Ubud Village Tanah Lot Temple Tour, Cruise,etc.
06.07 / 08:17
IPO FIVE Booking Hallmark Senco Gold IPO Day 3: Issue subscribed over 18 times so far on last day; QIB portion booked 21x
Also Read: Senco Gold IPO Analysis: As pubic issue sails through, here are some interesting facts about the company The ₹405-crore Senco Gold IPO opened on Tuesday, July 4, and will remain open for public subscription till July 6. The company already raised ₹121.50 crore from 21 anchor investors ahead of the IPO.
06.07 / 08:17
FIVE Booking Manufacturing Strategy 2024 Kia set to launch fourth-generation Carnival and EV9 Electric SUV in 2024, suggests report
Utility Vehicles (UVs) slated for 2024. These highly anticipated vehicles are the fourth-generation Kia Carnival and the Kia EV9 electric SUV, reported India Cars News. Both models were introduced to the public at this year's Auto Expo.
06.07 / 07:17
UPS Citi IPO FIVE Senco Gold IPO subscribed 6.98 times so far on last day of bidding process
The retail portion of the issue was subscribed at 7.23 times. The non-institutional portion was subscribed 12.5 times, while the qualified institutional buyers' portion was subscribed 2.39 times. According to market analysts, the company's shares are trading at a premium of Rs 90-92 in the unlisted market.
06.07 / 07:05
FIVE MasterCard PwC PhonePe sets foot in Point-of-sale device market to raise heat on rival Paytm
PhonePe on Thursday announced the launch of its Point-of-sale (POS) device that enables merchants to accept payments via debit cards, credit cards and UPI. «The device comes preloaded with the PhonePe POS App and supports transactions through tap/swipe/dip and interoperable dynamic QR codes,» PhonePe said in a statement. The launch of one-stop POS solution by PhonePe will intensify the competition for strong rival Paytm, which has in recent months handed over their all-in-one POS machines to check-out counters across the country that was otherwise accustomed to using the devices from established banks. One97 Communications, the parent entity of Paytm, had last month reported a 118 % spike in payment devices subscribed by its merchants in the first two months of this fiscal year that started April 1. The number of merchants paying subscription for its payment devices including soundbox and PoS machines rose to 75 lakh during April and May from 34 lakh in the comparable year-earlier period. «With PhonePe’s extensive network of over 3.5 crore merchants nationwide, our goal is to expand this solution pan India and deploy 150,000 devices by next year,» said Vivek Lohcheb, Head of Offline Business at PhonePe.
06.07 / 07:05
Provident Lowe's FIVE Booking In election year, $75-80 crude price may pose concerns for OMCs down the line: Dayanand Mittal
Dayanand Mittal, Research Analyst, JM Financials, says “in an election year, high crude prices may not be the right thing for OMCs. Currently they are making good money. Our sense is that probably in a month or so, once they recoup last year’s losses, the government will ask them to pass this on to the end consumers to tame inflation.
06.07 / 06:57
Provident Twitter FIVE ITR filing: Five income tax refund rules you should know
ITR refund: Due date for income tax return (ITR) filing is 31st July 2023. Who is entitled to get a refund, what are the taxation rules of ITR? And how to claim your refund? In this article, I wish to discuss various aspects of income tax refund under the Income Tax Act.
06.07 / 06:55
UPS Provident Twitter FIVE CEO Platform Meta Ceo Threads, Meta's Twitter rival, attracts over 5 million users in just 4 hours, Mark Zuckerberg announces
Threads, the social media giant's new Twitter competitor, within a mere four hours of its launch. During the much-anticipated debut of his new app, Meta CEO Mark Zuckerberg, known by his handle "Zuck," took to the platform with a flurry of posts and replies while simultaneously announcing the staggering achievement of over five million user registrations for Threads, Meta's Twitter rival, within just four hours. "Just passed 5 million sign ups in the first four hours," wrote the Meta CEO.
06.07 / 06:05
UPS Twitter FIVE Tesla Mercury elon Elon Musk predicts Tesla self-driving cars may come 'later this year': Report
Tesla is at this stage, I think we are very close to achieving full self-driving without human supervision," Elon Musk said via video link at the opening ceremony of an artificial intelligence conference in Shanghai. "This is only speculation, but I think we'll achieve full self-driving, maybe what you would call four or five, I think later this year," the billionaire added, referring to two of the most advanced levels of autonomous driving technology. The mercurial entrepreneur and Twitter owner admitted that he had been wrong in previous predictions on this timeline, but added: "I feel like we're closer to it than we ever have been." The billionaire's latest forecast for the long-anticipated milestone comes after Musk missed his own deadlines for a fully autonomous vehicle.
06.07 / 05:33
COST FIVE Software COMPOSITE Chandrayaan 3: All you need to know about India's third lunar mission
Chandrayaan-3 is expected to be launched between July 13 to July 19. Ahead of the launch, India's premier space agency completed the mating of Chandrayaan-3 orbiter with the LVM3 launch vehicle at the Satish Dhawan Space Centre in Sriharikota on July 5. Built at a cost of around ₹615 crore, India's third lunar mission is aimed at achieving a successful landing of the lander on the moon's surface, followed by the deployment of a rover to carry out a range of experiments.
06.07 / 05:33
FIVE Career Compilation Remark HANS Suicide Lee Who was Coco Lee? Mulan voice actress who died by suicide at 48
Hong Kong-born American singer, songwriter, record producer, dancer, and actress, passed away at the age of 48. She died by suicide. Her untimely passing left a void in the music industry and among her fans worldwide. Coco Lee will be remembered for her incredible talent, captivating performances, and pioneering spirit. Coco left an indelible mark on the music industry with her powerful voice, versatile talent, and trailblazing career. Born on January 17, 1975, Coco Lee's journey began in Hong Kong and eventually expanded to Taiwan and the international stage. With 18 studio albums, two live albums, and five compilation albums, including her first English-language release, «Just No Other Way,» Lee captivated audiences around the world.

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