Provident Financial News
20.09 / 11:23
20.09 / 11:23
UPS
Citi
Provident
Target
Digital
Entertainment
Mobile
Jio AirFiber could be $4 billion-$9 billion in annual revenue opportunity for Reliance: Analysts
Jio AirFiber – could create a whopping $4 billion to $9 billion annual revenue opportunity if it sees wide acceptance of around 50-to-100 million homes, say analysts. They added that the current pricing of Jio AirFiber is not disruptive versus competition as rival Bharti Airtel’s comparable 100 Mbps 5G-FWA offering is at a 12% discount, albeit without digital channels and OTT apps. While Airtel’s FWA service is at a 33% premium to Jio AirFiber’s base plan of Rs 599 a month, it offers faster speeds of 100 Mbps compared to 30 Mbps on Jio’s. “Jio has ambitious plans with Jio AirFiber, with a target of 200 million homes…if there is wide acceptance of 5G FWA with bundled home entertainment services, it could be a significant revenue opportunity, especially as (home) broadband average revenue per user (ARPU) at Rs 600, is 3-4x higher vs mobile,” brokerage CLSA said in a note. A 5G-based FWA service uses airwaves instead of cables/fibre to provide fixed broadband access, using a next-gen mobile broadband technology.
20.09 / 11:23
Provident
Waves
Target
Citizens
SEC
Southern
performer
New York firm accused of $7B unregistered trading for Russian
A New York firm that managed billions of dollars for sanctioned Russian oligarch Roman Abramovich was sued by the Securities and Exchange Commission for not registering as an investment adviser.
20.09 / 11:11
UPS
ETH
Provident
BTC
Extreme
Strategy
Bitcoin
Cross margin and isolated margin in crypto trading, explained
In contrast to isolated margin, which offers greater control and diversification but necessitates more active management, cross-margin trading simplifies risk management while increasing overall risk.
20.09 / 10:39
UPS
Provident
Waters
Manufacturing
performer
voice
star
Best geysers under ₹20,000: 9 options to consider in September 2023
₹20,000 that suits your needs can be a daunting task. That's where our guide comes to the rescue. In September 2023, we've scoured the market to bring you the 9 best geysers ₹20,000, combining performance, durability, energy efficiency, and value for money.
20.09 / 10:39
COST
IPO
Provident
FIVE
band
Chavda Infra IPO allotment today: Latest GMP, here's how to check allotment status
Kfin Technologies Ltd. Investors can find out if and how many shares they have been given through the basis of allotment. The initiation of the refund process will start on Thursday, September 21, for individuals not given shares.
20.09 / 10:39
Provident
FIVE
Mobile
Metro
Vodafone
voice
cover
Mint Explainer: Why Trai wants to cut the entry fees for various licences
₹15 crore, while a virtual network operator’s entry fee is ₹7.5 crore. While some telecom service providers have called for the entry fee to be abolished, the telecom regulator has suggested a 50% reduction, saying it could cause more companies to enter the market as service providers, enhancing competition. A reasonable entry fee would maintain a balance between deterring non-serious players and ensuring adequate competition.
20.09 / 10:03
COST
Provident
Art
Extreme
NIFTY
performer
India's mid and smallcaps still have room for growth; here's why
semiconductors, IT hardware, chemicals, renewables, ethanol, and more. While each mid and small-cap stock's trajectory is distinct, driven by its unique strengths and circumstances, the art of selecting the right stock is of paramount importance. If your stock is fundamentally solid with a narrative business outlook, you don’t need to panic.
20.09 / 09:57
Provident
Binance
Platform
Strategy
Luna
Pride
classical
Terra Luna Classic Price Prediction as Bears Push LUNC Down 0.4% – Is the Sell-Off Over Now?
The price of Terra Luna Classic (LUNC) has dipped by 0.5% this morning, with its fall to $0.00005748 representing a similar fall in the past week and a 14% drop in the last 30 days.
20.09 / 09:36
20.09 / 09:25
Provident
Waves
BTC
Digital
Align
Remark
Bitcoin
surges
Grab
Bitcoin Price Prediction: BTC Surges 5% as FOMC Insights & Fed Fund Rate Grab the Spotlight
In a remarkable turn of events, Bitcoin (BTC) witnessed a significant 5% upswing, aligning with growing anticipation surrounding the Federal Open Market Committee (FOMC) announcements and the Federal Fund Rate.
20.09 / 09:25
20.09 / 09:02
IPO
Provident
Booking
Mobile
Software
Enterprise
band
Kody Technolab IPO: Issue subscribed over 32 times so far on last day; check latest GMP today, other details
₹27.52 crore. Kody Technolab IPO price band has been fixed at ₹160 per share. The IPO lot size is 800 shares and the minimum investment amount required for retail investors is ₹128,000.
20.09 / 09:02
Provident
Assam: Over 2 lakh youth to get ₹2 lakh under new self-employment scheme, says CM Sarma
₹2 lakh to youth for their self-employment, said Chief Minister Himanta Biswa Sarma on Wednesday, adding that the registration for 'Mukhya Mantri Atmanirbhar Asom' will begin from September 23-24. This was announced in a video conference held by Sarma with the Chief Secretary and senior officials from the conference hall of Assam House in New Delhi on Wednesday, according to a report published by the news agency ANI. In an official statement, Assam CMO said, “The Chief Minister later told media persons that the new scheme would provide financial assistance for ₹2 lakh each to two lakh youth for making them self-independent." Rajya Sabha MP Pabitra Margherita, Additional Chief Secretary, Home and Political, Ravi Kota, and Resident Commissioner, MS Manivannan attended the meeting which lasted for almost 40 minutes.
20.09 / 09:01
Provident
GSTN enables geocoding of GST address for all states and UTs
goods and services tax network (GSTN), the technology support for goods and services tax (GST), has enabled geocoding for businesses across all states and union territories, a move which will make it easier to eliminate fake registration or to locate a tax evader. «GSTN is pleased to inform that the geocoding functionality for the „Additional Place of Business“ address is now active across all States and Union Territories,» GSTN said in an advisory issued on Wednesday. Launched in February this functionality was running on a pilot basis in Delhi and Haryana. This technology enables tax agencies to accurately identify the geographical coordinates of properties, businesses, and taxpayers and will help them identify the exact location of the taxpayers addresses. Also this will allow the determination of the exact location of registered entities and will ensure address details in GSTN records are streamlined leaving less scope for fake GST address and registration. Heat maps and spatial analysis tools can reveal clusters of tax irregularities, helping enforcement agencies allocate their resources more effectively «Geocoding functionality plays a crucial role in apprehending tax cheats by providing tax authorities with precise location data,» Rajat Mohan, Senior Partner, AMRG and Associates said. «By leveraging geocoding, tax authorities can enhance their auditing and enforcement efforts, ultimately contributing to fairer and more efficient tax collection processes,» Mohan added. So far GST Network has geocoded 2.05 crore addresses of registered businesses to verify genuine registrations and provide accurate data in GSTN records.
20.09 / 09:01
Provident
Digital
McDonald's
Platform
Backed
NoBrokerHood joins govt-backed ONDC to enhance shopping experience for residents
NoBrokerHood, the visitor, society and payment management app by NoBroker, has said that it has joined the government-backed Open Network for Digital Commerce (ONDC) in order to transform daily shopping experience for residents. As per the company's statement, this will help society residents avail everything from food, groceries, daily essentials, etc. on one app.
20.09 / 08:41
Provident
Lowe's
Waters
Discover
cover
8 Best Rubber Hot Water Bottles in India For Maximum Pain Relief (2023)
Explore our selected list of the 8 Best Rubber Hot Water Bottles From muscle soreness and cramps to cozy cuddles, these hot water bottles offer versatile benefits. Whether you're seeking a leak-proof design, extra-large capacity, or a stylish cover, our carefully curated selection caters to diverse preferences and needs. Join us on a journey through the world of rubber hot water bottles, and discover the perfect one to keep you warm and alleviate your discomfort throughout the year.
20.09 / 08:41
Citi
Provident
Digital
Google
Platform
Action
Honeywell
Climate tech startup Aurassure raises Rs 4 crore in funding
climate tech startup Aurassure has raised Rs 4 crore in a seed round led by Unicorn India Ventures. The funds will be deployed to strengthen product capabilities by creating a data analytics team, acquiring product certifications for international scaling, and sales team expansion for growing reach to multiple cities, it said in a statement.
20.09 / 08:37
UPS
Provident
Lowe's
Digital
Citizens
electronic
Data Protection Board to be set up within 30 days: MoS IT Rajeev Chandrasekhar
Data Protection Board (DPB) under the Digital Personal Data Protection (DPDP) Act, 2023, will be in place in the next 30 days, minister of state for electronics and IT, Rajeev Chandrasekhar said here on Wednesday. «This window between now and the DPB’s constitution is not a holiday… The law is in effect (already),» Chandrasekhar said at an industry consultation on the Rules for the DPDP Act, which became a law in August. He added that breaches that come up during the intervening period will be taken up by the Board once it is constituted.
20.09 / 08:37
Provident
country
song
Women's reservation bill most transformative revolution in our times for gender justice: President Murmu
Lok Sabha and state assemblies, President Droupadi Murmu on Wednesday said it will be the most «transformative revolution in our times» for gender justice. Murmu was addressing a gathering after inaugurating the biennial conference of the national human rights institutions (NHRIs) of Asia Pacific held at the Vigyan Bhawan here. The Women's Reservation Bill was the first bill to be introduced in the new Parliament building on Tuesday. «We have ensured a minimum of 33 per cent reservation for women in local bodies' election… In a more pleasant coincidence, a proposal to provide a similar reservation for women in state assemblies and national Parliament is taking shape now. It will be the most transformative revolution in our times for gender justice,» the President said. The event is being organised by the National Human Rights Commission (NHRC) in collaboration with the Asia Pacific Forum (APF) from September 20-21. Amina Bouayach, secretary of Global Alliance of National Human Rights Institutions (GANHRI), and Doo-Hwan Song, chairperson, APF, and NHRC chairperson justice (retd) Arun Kumar Mishra were also present on the occasion. The APF will also hold its 28th Annual General Meeting (AGM) on Wednesday to discuss the issues of common interest to member countries.
20.09 / 08:31
Provident
Chevron
Eaton
performer
play
Alcoa questions McGowan government’s exemption for Stokes gas play
Western Australia’s largest gas consumer Alcoa has questioned aspects of the state government’s controversial decision to provide the Kerry Stokes-backed Waitsia gas project with an exemption to an international export ban.
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