Provident Financial News

Ms Monika Garware, Vice Chairman and Joint Managing Director of the Company chaired the meeting in accordance with the provisions of the Companies Act, 2013. At the said AGM, the shareholders of the Company passed the following resolutions by the requisite majority in respect of: During the meeting, Ms Monika Garware informed about the re-launch of the 'Safety Glazing' window film for the domestic market driven by strong demand. This innovative product seamlessly integrates effective solar control with advanced safety features in line with government regulations on light transmission.

Bidhuri over the latter's communal remarks on the floor of Lok Sabha. BSP MP Danish Ali on Friday urged Prime Minister Narendra Modi to make a public statement condemning Bidhuri's behavior. In a letter to the prime minister, Ali also demanded that he be provided enhanced security in view of an "escalation of threats" against him.

Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here! Tata Power's takeover of distribution companies in Odisha and the subsequent improvement in its operations, underpinned by declining electricity losses, have strengthened its business profile, the ratings agency said in the report.

TEL AVIV—Israeli Prime Minister Benjamin Netanyahu’s big bet on sealing a landmark rapprochement with Saudi Arabia is running into a familiar problem: The Palestinians want land for giving their blessing to a deal, but Netanyahu’s coalition partners are adamantly against the idea. Talks have been in flux over economic incentives for the Palestinians to get on board with what would be a historic realignment in the Middle East.

work-from-office model for a while now. In its FY23 annual report, the company stressed the importance of physical interaction among employees.

Philadelphia schools are coping with a bus-driver shortage by paying parents to drive their children to class. The School District of Philadelphia is paying families $300 a month to opt out of the school bus system and transport their children to and from school. More than 8,500 families have signed up for the program for the current school year, said Monique Braxton, a spokeswoman for the district.

completed its merger move with UK-headquartered satellite operator OneWeb in which domestic conglomerate Bharti Enterprises is a stakeholder. Shares of the newly-formed Eutelsat Group, in which OneWeb holds a 50% stake, were listed on the LSE at 8 AM GMT on Friday.

How much would you need to be paid to cover the risk of the next massive hurricane or earthquake? Investors in the insurance market have a new answer: Way more than they were before. That is the message coming from a key part of that market, catastrophe bonds. “Cat bonds" emerged roughly a quarter century ago as insurance companies scrambled for ways to manage their most extreme risks after Hurricane Andrew’s shocking losses put several out of business.

Home Minister Amit Shah said on Friday that the time has come to change both the size and scale of the Indian industry and the need of the hour is companies should go multinational. Addressing the 118th annual session of the PHD Chamber of Commerce and Industry (PHDCCI), he said the network of small industries along with big industries will have to be strengthened, and the chamber will have to come forward strongly to provide guidance and infrastructure in this.

2023, online sellers expect to see at least a 15 per cent jump in festive sales year-on-year, according to a report by Redseer Strategy Consultants that underlined market readiness and bullish sentiments for a profitable festive season up ahead. The latest report of Redseer which surveyed a few hundred sellers (primarily the smaller sellers) prior to the festive sales 2023, said anticipation for a festive sales boost among the sellers is «high across categories».

Air India flight from the national capital to San Francisco earlier this month suffered burns after a cabin crew member accidentally spilled coffee on her, and the airline has apologised for the incident. The passenger took to social media to narrate her experience, saying «Air India delivered distressing experience that took a harrowing turn when flight attendant spilled hot water on my leg». «I was travelling from New Delhi to SFO on Flight AI 173 with my 4-yr-old son and 83-yr-old mother-in-law.

government shutdown, with the clock ticking down to a midnight deadline on Saturday for Congress to pass a new budget. The potential impasse has raised concerns about thousands of federal employees facing unpaid leave. Here's a closer look at the evolving situation and the efforts to strike a last-minute deal.

True North on Friday said that it has agreed to sell 20% of its stake in Niva Bupa, a health insurance company, to its joint venture partner Bupa, a UK-based healthcare services and insurance provider. ET first reported on 23 June that Bupa was looking to pick up as much as 15-20% stake from True North. True North is selling the 20% stake at a valuation of Rs2,700 crore, the PE firm said in a statement. The transaction is subject to insurance regulator IRDAI’s approval. This transaction will mean Bupa becomes Niva Bupa’s majority shareholder, with its shareholding set to increase to approximately 63%.

The government raised the interest rate on five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the October-December quarter and retained the rates for all other small savings schemes on Friday, September 29. According to a finance ministry circular, the interest rate on savings deposit has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent. The rates were the same during the July-September quarter. 

Iceland is responding to the exponential growth of tourism and its impact on the country's pristine wilderness by turning to tax measures, according to Prime Minister Katrin Jakobsdottir. In an interview with Shery Ahn on Bloomberg Television from New York, Prime Minister Jakobsdottir acknowledged the significant and rapid expansion of tourism in Iceland over the past decade. This growth not only affects the environment but also exerts pressure on the unspoiled natural landscapes that draw visitors to the island. To address the climate impact of increased travel, Iceland is considering the introduction of taxes for tourists staying in the country.

Arvind Kejriwal on Friday said all district hospitals in Punjab will be renovated and the first revamped hospital will be inaugurated on the occasion of Gandhi Jayanti on October 2. The Delhi chief minister hoped that the party would strengthen the healthcare system in Punjab just like the national capital.

Ladakh near Pangong Lake. This development comes amidst the ongoing border standoff with China, which has persisted for four years.

Raymond CEO — Lifestyle Business Sunil Kataria was re-elected as the India Society of Advertisers (ISA) Chairman for 2023-24 at the newly elected Executive Council meeting on September 28. Kataria has led the ISA over the past seven years to greater heights, garnering support from fellow Executive Council members, the ISA members, and other industry bodies. On his re-election, Kataria said, “In our journey towards creating a greater value proposition for the ISA in the industry, the focus will be to make this unique body even stronger in the future to provide value-added support to our members for the new normal and beyond.

small savings schemes for the October-December 2023 quarter. The interest rates of certain small savings schemes or post office schemes for the quarter ending December 31, 2023 have been increased by the government. The interest rates of all schemes expect the recurring deposit rate have been kept unchanged. The finance ministry made this announcement via a circular issued on September 30, 2023. (One percentage point is equivalent to 100 basis points.) The interest rate of the 5-year post office recurring deposit (RD) has been hiked by 0.2% and will now earn 6.7%. The interest rate on the Public Provident Fund (PPF) has yet again been kept unchanged at 7.1 per cent. Here is a look at the interest rates on various small savings schemes for the third quarter of FY 2023-24.

Recently, Dr. Deepak Krishnamurthy addressed a crucial query on Twitter regarding the proper use of aspirin in the event of a heart attack. Aspirin is widely recognized for its potential to protect against heart attacks. A recent study, presented at the ESC Congress 2023, sheds light on the importance of aspirin. The study, which examined over 40,000 individuals aged 40 and older who had experienced their first heart attack between 2004 and 2017, revealed a significant finding: those who had suffered a heart attack previously and did not take daily aspirin were at a higher risk of experiencing another heart attack. Dr. Krishnamurthy, responding to the query, provided the following guidance:

House Speaker Kevin McCarthy is digging in on his refusal to take up Senate legislation designed to keep the federal government fully running beyond midnight Saturday