Provident Financial News

29.12 / 13:01
COST Provident FIVE Manufacturing Strategy Mobile country EV financing no longer risky, says Shriram Finance's executive vice chairman Umesh Revankar
Subscribe to enjoy similar stories. Financing electric vehicle (EV) purchases is no longer risky compared to about five years ago, as more established players are now manufacturing such vehicles and the zero-emission mobility ecosystem has grown in the country, Shriram Finance's executive vice-chairman Umesh Revankar said. "I do not see a risk in lending for electric vehicles now because I feel technology is getting established and becoming more reliable because of the presence of large and established manufacturers.
28.12 / 12:05
markets Provident Strategy Research Experts social testing IN-SPACe link to experiments by startups in space
PSLV rocket, which will remain in orbit for some time after launching two satellites on Monday, will give an opportunity to startups and institutes to carry out experiments in outer space, with India's space regulator emerging as a common link in turning these projects to reality. A record 24 experiments — 14 by the Indian Space Research Organisation (ISRO) laboratories and 10 by non-government entities (NGEs) — will be carried onboard the PSLV Orbital Experiment Module (POEM), including a demonstration of seed germination in outer space, a robotic arm to catch the tethered debris there and the testing of green propulsion systems.
28.12 / 11:27
markets Provident Waters wellness social hospital J&K CM Omar Abdullah visits Ganderbal to assess situation after snowfall
Omar Abdullah visited his Assembly constituency, Ganderbal, on Saturday to take stock of the situation in the aftermath of snowfall, officials said. Abdullah visited his constituency to assess the situation first-hand and monitor the district administration's efforts to provide relief to people, they added.
28.12 / 11:27
Provident Analysis Research Healthcare Trade Experts hospital Reliance acquires Karkinos Healthcare for Rs 375 cr
Mukesh Ambani's Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a wholly-owned subsidiary of Mumbai-listed India's most valuable company, completed the acquisition of Karkinos Healthcare Pvt Ltd with allotment of requisite shares, the firm said in a stock exchange filing. Karkinos was incorporated in India on July 24, 2020, and is in the business of providing technology-driven innovative solutions for the early detection, diagnosis, and management of cancer. It had a turnover of about Rs 22 crore in the 2022-23 fiscal.
28.12 / 01:21
markets Provident Progressive Platform RPG Updates Surprise for Jujutsu Kaisen fans! Here's how you can redeem the latest Jujutsu Infinite codes, a complete guide
Jujutsu Infinite is a pretty exciting Roblox RPG that actually brings the world of Jujutsu Kaisen to life while offering players an immersive gaming experience where they can create and develop their own sorcerer character, reported Beebom.
27.12 / 18:09
markets COST UPS Provident Experts rights If interest rates remain 'higher for longer,' the winners are those with cash accounts
Many people, especially those with debt, will be discouraged by the recent Federal Reserve forecast of a slower pace of interest rate cuts than previously forecast.
27.12 / 17:17
Dogecoin markets Provident Digital MicroStrategy Trade Bitcoin Bitcoin rally fizzles as crypto token’s record-breaking year winds down
A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from U.S. President-elect Donald Trump’s embrace of the cryptocurrency sector.
27.12 / 13:35
COST Citi Provident Career security social Age 25, salary 20 LPA and still confused about buying or renting a flat? CA has the answer
buy or rent an apartment in a tier-1 city has gone viral, sparking widespread debate on social media. The question posed was about financial priorities and whether it makes sense to invest in property or opt for renting while focusing on savings. The tweet read, “25-year-old with 20 LPA job. Buy or Rent an apartment in Tier 1 city?” A Chartered Accountant reacted to the social media post and answered the question.
27.12 / 10:33
markets Provident Digital Strategy Mobile Experts UPI rule change: Use any UPI app to pay from your wallet as RBI allows interoperability for full-KYC PPI
Prepaid Payment Instruments (PPIs) through third-party UPI applications to provide more flexibility to customers.
27.12 / 10:33
markets Provident Target Reuters Sustainability Experts reports budget 2025 Budget 2025: Cut income tax rates! The clamour is getting louder for a reason
Budget 2025, Finance Minister Nirmala Sitharaman faces mounting pressure to reduce income tax rates, particularly for the middle class.
27.12 / 09:51
markets Provident Digital Strategy Mobile Experts PAM RBI allows UPI access for prepaid payment instruments via third-party applications
Reserve Bank of India (RBI) on Friday allowed UPI access for prepaid payment instruments (PPI) via third-party applications.
27.12 / 09:51
UPS IPO Provident security Analysis Trade Experts Gurgaon-based company Earthood Services files DRHP for IPO
The IPO, with a face value of Rs 10, combines a fresh issue of up to 36 lakh equity shares and an offer for the sale of up to 42 lakh equity shares by promoter-selling shareholders.
27.12 / 09:51
markets Provident security Analysis Research Trade Experts Cochin Shipyard shares hit 5% upper circuit as Adani gives big order
Cochin Shipyard share price jumped 5% to hit its upper circuit limit of Rs 1,532 on BSE on Friday after the defence PSU player got Rs 450 crore order from Adani Ports. The Adani Group company said it has given Rs 450 crore order to Cochin Shipyard's subsidiary Udupi Cochin Shipyard to make eight state-of-the-art harbour tugs.
27.12 / 09:51
markets IPO Provident Manufacturing Analysis Trade Experts Mamata Machinery delivers 2024's third biggest listing return. Should you buy now?
Mamata Machinery more than doubled investors' wealth on the listing, delivering a blockbuster debut — the third biggest debut return for any IPO this year — as 2024 draws to a close. The company manufactures and exports plastic bags and pouch-making machines, packaging machines, and extrusion equipment. It provides end-to-end manufacturing solutions for the packaging industry.
27.12 / 06:41
markets UPS Provident FIVE Aware Platform Gap Specialized Investment Funds: The next investment frontier for an affluent India
Subscribe to enjoy similar stories. India’s capital market participation has got a significant boost with the introduction of a new investment product category: Specialized Investment Funds (SIFs). Not long ago, the nation needed campaigns like Mutual Funds Sahi Hai and SIPs Sahi Hai to encourage awareness.
27.12 / 06:11
markets Provident Digital Strategy Experts social innovations 90% of startups don't survive beyond 5-years. NSRCEL’s Velocity cohort wants to change that
NSRCEL since its inception in 2000 has helped more than 1,400 ventures, providing critical support to both profit and social ventures, including a dedicated focus on women entrepreneurs. As India's entrepreneurial ecosystem evolved over the last 23 years, NSRCEL has also seen its role and focus change. In a conversation with ET Digital, Chaitali Pandey, Manager, Marketing, NSRCEL talks about the center's impact, trends in entrepreneurship and the idea behind starting Velocity Cohort.
27.12 / 03:47
markets Provident Align Sustainability trends Trade performer Time to allocate 20% of your capital to unlisted stocks in 2025: Raghav Iyengar, CEO, 360 ONE Asset
Sensex and Nifty are poised to end 2024 with 9-10% gains despite all the negative impact of geopolitical troubles, weak earnings in H1FY25 and fractured mandate in Lok Sabha elections. Would you expect double-digit gains in 2025? Despite challenges from geopolitical tensions, weak earnings in the first half of FY25, and a split political mandate, India’s equity markets have displayed remarkable resilience. This strength underscores the country’s robust long-term growth fundamentals, driven by strong domestic consumption, structural reforms, and an expanding investor base. <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-116673646»>Looking ahead at 2025, we remain cautiously optimistic. While double-digit gains are possible, the trajectory will depend on factors like global macroeconomic trends, corporate earnings recovery, the pace of domestic reforms, and geopolitical stability. Markets are inherently volatile, and we must be prepared for fluctuations. Our focus rema

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