Provident Financial News

European Union antitrust regulators' investigation into Photoshop maker Adobe's $20 billion bid for cloud-based designer platform Figma has been put on hold while they wait for requested information from the companies. The European Commission said it stopped the clock effective Sept. 19 and will set a new deadline once the companies provide the data.

NEW DELHI : India will have a wide network of fenced-off highways and expressways in the next 10-15 years that will allow commuters to get on to them by travelling no more than 100 km from wherever they begin their journey, a top road ministry official said. According to road transport and highways secretary Anuraj Jain, the ministry is finalizing a new Vision 2047 programme, with a focus on building an extensive network of greenfield “access-controlled" expressways. The network of roads will provide smoother and faster connectivity, especially along the economic corridors, border regions and far-flung areas, and help reduce the logistics cost in the country.

By David Shepardson

Air India is set to give its crew a fresh new look as it prepares to welcome its first wide-body A350 aircraft this year, according to sources. This development coincides with the airline's ongoing rebranding efforts and the merger of Vistara into its operations. Details regarding the new crew uniforms are still under discussion, as insiders are actively involved in the planning process.

Indo-Pacific region has emerged as a focal point. Indian Army Chief General Manoj Pande, addressing the Indo-Pacific Army Chiefs’ Conference (IPACC), reaffirmed India’s dedication to upholding peace and stability in this vital area.

air purifiers, a technological solution to combat indoor air pollution and safeguard our well-being. The advent of air purifiers gained significant traction, especially in the wake of the Covid-19 pandemic. These devices not only help shield us from harmful viruses but also address the everyday challenge of airborne dust particles and pollution.

Mainboard vs SME IPOs The mainboard typically demands a minimum of 1,000 subscribers or allottees for an IPO, with application amounts ranging from ₹13,000 to ₹15,000. These offerings undergo rigorous scrutiny as their Draft Red Herring Prospectuses (DRHP) are thoroughly vetted by Sebi. Moreover, companies aiming for the mainboard listing must have a post-issue paid-up capital exceeding ₹10 crore.

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Canada's Conservative Party, the main opposition party led by Pierre Poilievre, to avoid defending Hardeep Singh Nijjar, the Khalistani terrorist murdered in June, but now the party has openly supported him. Though Canadian Prime Minister Justin Trudeau and now even the opposition Conservative Party believe that Nijjar was a peaceful activist, he was wanted in India in several cases of terror. Trudeau kicked up a storm by claiming there are «credible allegations» of India's «potential link» to Nijjar's murder at a gurdwara in Canada.

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong

The European Union’s executive arm is blocking leading U.S. online travel agency Booking from acquiring Sweden’s flight booking provider Etraveli Group

online casinos in Canada for 2023. You’ll find thousands of new real money games ranging from slots and table games to live dealer games and shows, new casino bonuses with hundreds of free spins and 200% extra on your deposits, a modern mobile gaming experience, super fast payouts, plus efficient 24/7 customer support service.

New York-listed Albemarle has had its teams out on-site running the rule over Liontown Resources’ flagship lithium project and raised no red flags, according to sources close to a $6.6 billion takeover deal.

By Brenda Goh

Congress MP Gaurav Gogoi has sent a letter to Prime Minister Narendra Modi seeking intervention on the issue of allocation of Pradhan Mantri Kisan Sampada Yojana (PMKSY) subsidy, implemented by the Ministry of Food Processing Industries to the family member of Assam Chief Minister. Riniki Bhuyan Sarma, the wife of Assam Chief Minister Himanta Biswa Sarma and chairperson and Managing Director of Pride East had filed a Rs 10 crore defamation suit against Gogoi. Earlier Gogoi had sent a letter to Union Minister of Commerce & Industry Piyush Goyal seeking to know if the Pride East Entertainment Private Limited has received Rs 10 Crore subsidy from the Pradhan Mantri Kisan Sampada Yojana (PMKSY). In the letter to Modi, Gogoi stated, “It has come to notice that the Ministry of Food Processing Industries, Gol under the Pradhan Mantri Kisan Sampada Yojana (PMKSY) and Scheme for Creation of Infrastructure for Agro Clusters has allocated an amount of Rs 10 Crores to Pride East Entertainments Private Limited, the promoter of which is Riniki Bhuyan Sharma, the wife ofChief Minister of Assam, Shri Himanta Biswa Sarma." He added, «On the 22nd of March, 2023, Piyush Goyal,Minister of Commerce and Industry while replying to questions in Lok Sabha as to whether the Government has taken initiative to invest in Assam in order support the promotion of industries, has given a list of Food Processing Projects supported under component of PMKSY in the North Eastern States as on 31 .01 2022 vis a vis the State of Assam”. Gogoi stated, “At Serial No.7 of the list, the name of Pride East Entertainments Private Limited has been mentioned. Pertinently, the amount of approved Grant-in-Aid is mentioned as Rs.

demat account holders to provide a choice of nomination by another three months to December 31, 2023. Earlier, the deadline for existing eligible trading and demat account holders to provide a choice of nomination was on or before September 30.

Jaishankar on Tuesday said that the days when a few nations set the agenda and expected others to fall in line are over. India fully support UNGA's theme of rebuilding trust and reigniting global solidarity and this is an occasion to take stock of our achievements and challenges even while sharing our aspirations and goals and there is much that India has to share, EAM said.

A few weeks ago, in light of Powell’s Jackson Hole speech, I noted that the Fed was focusing its monetary policy on preventing the bond vigilantes from taking control of the rates market, thus spoiling the soft-landing party many (the Fed included) have been betting on.

It's a historic moment for the renewable energy sector as WattPower introduces its cutting-edge factory in the heart of Chennai, India, offering advanced Smart PV solutions that will reshape the renewable energy landscape in the subcontinent. New Delhi, 03 June 2023: The future's looking brighter than ever as WattPower, Solar Photovoltaic solutions provider based with its roots in Germany, proudly announces the grand opening of its state-of-the-art facility in Chennai, Tamil Nadu, India. This exciting move comes in response to India's soaring appetite for green energy solutions.

SEBI) has relaxed the rules with regards to adding a nomination for the trading accounts by making it a voluntary requirement. Earlier, the regulator said all trading accounts and dematerialised accounts, which do not have ‘choice of nomination’ by September 30, will be frozen. However, the regulator relaxed the rule as a step towards ease of doing business, following representations from the exchanges, depositories, and brokers’ associations.

Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services. “Both organizations are bringing together their respective artificial intelligence (AI) capabilities to enhance enterprise functions with AI-enabled solutions across multiple industries, Infosys said in a statement to the stock exchanges.