FIVE Financial News
03.10 / 18:53
markets
FIVE
students
hospital
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Schools
Colleges
CBI arrests RG Kar house staff doctor, taking total to 5
RG Kar Medical College in connection with the financial irregularities at the hospital. The aide, Asish Pandey, was a house staff doctor at RG Kar Hospital and was associated with the Trinamool students' wing. This takes the total number of arrests made so far to five. Meanwhile, the West Bengal Junior Doctor's Front (WBJDF) held a general body meeting after holding discussions with senior doctors of RG Kar Medical College & Hospital, to take a final call on their «cease work» agitation, which they resumed recently. The senior doctors advised their junior colleagues to consider partial withdrawal of their cease work protest. Senior doctors, professors and faculty members were of the opinion that «since it is a common people's movement, junior doctors should continue their protests and movement simultaneously, but at the same time partially resume work to serve the poor, who largely depend on state government-run hospitals».
03.10 / 17:51
FIVE
Extreme
Food
Research
country
reports
International
In India, warming climate pressures scientists to keep developing tougher seeds
India is one of the world’s largest producers and consumers of wheat and rice, but extreme weather is taking a toll on these vital crops
03.10 / 17:51
03.10 / 17:29
markets
FIVE
Apple
James Anderson: First $10trn company will come from AI space
Speaking at the annual Quality Growth Investors Conference, Anderson said he would be «pretty surprised» if in five years time there was not a double-digit trillion dollar company. As of September 2024, Apple is the most valuable company in the world, with a market cap of $3.4trn, and was the first to ever cross the $1trn threshold back in 2018. The collective group of US stocks occupying the highest valuation spaces, including Apple, has been likened to the 1990s tech bubble, which Anderson said was «completely wrong». Investors split on whether AI investment case can justify Magn...
03.10 / 08:19
FIVE
DiRT
film
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show
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3 youths arrested in swarming attack of Kelowna, B.C. girl filmed by bystanders
WARNING: This story may be upsetting to some readers. Discretion is advised.
03.10 / 06:05
FIVE
Election
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Diversity
voice
reports
International
Donald Trump Vows to ‘Save’ Ross Ulbricht as Silk Road Creator Begins 12th Year in Prison
Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.
03.10 / 04:25
FIVE
Action
Racing
Justice
Pride
rights
Former Singapore minister sentenced to a year in prison for receiving illegal gifts
A former Singaporean cabinet minister has been sentenced to a year in prison after he pleaded guilty to charges of receiving illegal gifts, in a rare criminal case involving a minister in the Asian financial hub
03.10 / 02:57
markets
FIVE
Reuters
Enterprise
reports
Schools
OpenAI asks investors to avoid five AI startups including Ilya Sutskever's SSI
investors such as Thrive Capital and Tiger Global invest $6.6 billion in OpenAI, the ChatGPT-maker sought a commitment beyond just capital — they also wanted investors to refrain from funding five companies they perceive as close competitors, sources told Reuters. The list of companies includes rivals developing large language models such as Anthropic and Elon Musk's xAI. OpenAI's co-founder Ilya Sutskever's new company, Safe Superintelligence (SSI), is also on the list. These companies are racing against OpenAI to build large language models, which requires billions in funding. Two AI applications firms, including AI search startup Perplexity and enterprise search firm Glean, were also named in OpenAI's conversation with investors, suggesting OpenAI plans to sell more of its tools to enterprises and end users as it makes ambitious revenue growth projection to $11.6 billion in 2025 from $3.7 billion this year. OpenAI, Perplexity and SSI declined to comment. Anthropic and Glean did not immediately respond. XAI could not be reached for a comment.
03.10 / 02:47
COST
FIVE
CEO
security
Software
performer
reports
Infosys may lead Indian IT pack this festive season
Subscribe to enjoy similar stories. Observers of the Indian information technology (IT) services space expect Infosys Ltd to post the fastest revenue growth among the industry’s top five for the quarter ended September 2024. Brokerages Axis Capital and Nomura in their notes predicted sequential revenue growth upwards of 4% for Infosys, whereas HDFC Securities projected 3% jump in revenue.
02.10 / 17:17
FIVE
Aviat
Progressive
Manufacturing
CEO
Equality
Relationships
Toyota boosts its investment in air taxi company Joby Aviation by another $500 million
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company’s commercial business off the ground
02.10 / 17:17
Provident
FIVE
economy
Experts
reports
recommendations
Features
Edmunds: The most reliable used vehicles under $15,000
When you’re shopping for a used car, truck or SUV on a tight budget, reliability is critical because you don’t have much money to spend on repairs
02.10 / 16:25
FIVE
inclusion
MPs will vote on capital gains tax changes in confidence measure
For the third time in seven days the House of Commons will vote on a confidence measure on Wednesday, but this one comes from the government itself.
02.10 / 01:51
markets
FIVE
Digital
performer
country
exclusive
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Titan’s Helios to launch exclusive luxury watch stores as demand surges
Subscribe to enjoy similar stories. Helios—The Watch Store, a multi-brand retailer of premium watches owned by Titan Co. Ltd, plans to launch exclusive outlets for luxury timepieces to cater to demand in the world’s fastest-growing market.
02.10 / 00:03
02.10 / 00:03
FIVE
awards
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students
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This year's MacArthur 'genius' fellows include more writers, artists and storytellers
The 2024 class of the John D
01.10 / 21:05
01.10 / 19:45
markets
UPS
FIVE
Aware
Align
Schools
Tata Motors to accelerate maintenance shutdown amid rising stockpiles, declining sales
Tata Motors is set to advance the annual maintenance shutdown of its passenger vehicle plants due to mounting stockpiles-equivalent to up to two months of sales-amid slowing sales across its petrol, CNG and electric cars, multiple people aware of the company's plans said. This is to align production with demand and correct the stock before the calendar year ends, they said. Typically, auto companies take annual maintenance shutdowns in December to correct stock levels of the ongoing calendar year and make way for the new calendar year models. Tata Motors would be the first passenger vehicle maker to pare output amid slowing sales this year, people cited above said. Other automakers are likely to take a call on paring their output post the festive season, they added. After a scorching pace of growth for three years, passenger vehicle sales in India hit the slow lane this year. Sales are estimated to have declined in September over the year-ago period, marking a third consecutive month of decline.
01.10 / 19:45
markets
FIVE
Mobile
information
reports
Schools
Investigations
NIA conducts raids at 12 places in West Bengal over Maoist links
NIA) on Tuesday conducted raids at 12 places in West Bengal, including one in Kolkata in connection with alleged Maoist funding links. The raids were conducted in Kolkata's Netaji Nagar, North 24 Parganas district's Panihati, Barrackpore, Sodepur, Asansol and several other locations. The NIA along with the West Bengal Special Task Force (STF) conducted the raids. Two women, who worked with an NGO in the past, were quizzed in connection with the case by the NIA. Several documents were seized during the raids, people in the know said.
01.10 / 15:43
UPS
FIVE
BLOCK
Research
Universities
testing
prevention
Teeth-cleaning robots, red-light therapy: What’s ahead for dental health
Subscribe to enjoy similar stories. Imagine a world where you could regenerate a missing tooth with a single drug, and microrobots clean your teeth every night. That future is getting closer, scientists say.
01.10 / 11:07
markets
FIVE
show
reports
Schools
Ola Electric's dominance fades as Indian e-scooter battle intensifies
Ola Electric logged its lowest monthly sales this year in September, government data showed, as the SoftBank-backed firm sees its dominance eroded by smaller competitors and servicing network challenges. Ola Electric, which made its stock market debut about two months ago, sold 23,965 vehicles in September, recording a month-on-month decline for the second consecutive month. Its falling month-on-month sales has seen its market share decline for five straight months to 27% in September, from over 50% in April, the data showed.
01.10 / 03:01
markets
FIVE
wellness
trends
Trade
Cycling
reports
Pawan Parakh on 4 sectors that promise very high earnings in coming quarters
Pawan Parakh, Fund Manager, Geojit Financial Services, says the earning season, which is about to begin in the next 7-10 days, will see a lot of consumer companies giving out better outlook for Q3 and Q4 and that will set the tone for this sector. Apart from the consumer sector, another sector that investors should look into is sectors wherein there is very high earnings visibility. Power and capital goods is one such sector. Apart from that, he also finds pharma and real estate very interesting. Is anything looking interesting in the market, both in terms of values and earnings visibility, that you would recommend buying should the market fall further? Pawan Parakh: It is a tricky market, but honestly speaking, I am in the camp that believes that it is good to see some correction after all. Honestly, we are in the midst of a rally wherein clearly we can see some transition happening. So, in the last one or two months, we see that the rally is moving more from BFSI or auto names into consumer and consumer discretionary related sectors and we think this trend is here to continue as we just enter the festive season.
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