Provident Financial News

₹375 apiece, SSL said in a release. Transworld Holdings had received in-principle approval for the proposed delisting of SSL from Indian stock market exchanges BSE and NSE on September 7. The proposed delisting was approved by the board of directors on May 24, 2023, and by shareholders of Shreyas Shipping & Logistics vide special resolution on July 03, 2023.

Life Insurance Corp. of India (LIC), such as increase in gratuity limit, eligibility for renewal commission, term insurance cover and a uniform rate of family pension.

To expand its consumer base and reach, Delhi's iconic market places including Chandni Chowk will now be available online for shopping at ‘Delhi Bazaar’. Delhi Bazaar is a virtual marketplace for Delhi's signature markets. It will provide them global exposure by bringing together their popular stores on a virtual platform.

1:1 bonus share, 1:10 stock split: A long term investor not just earns from the stock price appreciation but from other rewards as well that a listed company declares from its reserved capital. This reward could be dividend, bonus shares, stock split, etc. These rewards may not look big in short term but over a period of years, these rewards multifold one's return that leads to whopping return for a long term investors.

Midcap sector (SMIDs) have consistently provided higher investor returns. While challengers have continued to be in their respective categories as challenges, their sizes have increased over time, making them considerably more relevant in their ecosystems. In some SMID sectors, the brokerage thinks that the leadership definition may be expanding right now, and over time, the challenger's valuation discount to its market leader may be reducing.

renewable energy company. It notes that Greenko and the Adani Group have been in a close partnership since March 2022 to provide energy to Adani's facilities in India. K V Kamath, another member of the committee, was Chairman of ICICI Bank from 1996 to 2009 and was mentioned in a CBI FIR related to the ICICI Bank fraud case.

Jupiter Life Line Hospitals debuted at a premium of 31% on the exchanges on Monday, in line with expectations. Post the listing, the shares rallied further to Rs 1087, up 47% over the IPO price. The IPO was well-received by investors, with the issue being subscribed 64.8 times, leading to healthy listing gains. The company is a well-established multi-speciality healthcare provider in the western region of India, and it is planning to expand its operations in the future. Analysts said investors who participated in the IPO can book profits. «We advise investors to book profits now, while those who want to hold it for long term, may maintain a stop loss at around Rs 875,» said Anubhuti Mishra, Equity Research Analyst at Swastika Investmart. The hospital began as a single hospital in Thane in 2007 and has been operating for over 15 years as a corporate quaternary care healthcare service provider in the western regions of India.

Rishikesh offers rafting facilities at five distinct locations, namely Brahmpuri, Phoolchatti, Shivpuri, Marine Drive, and Kaudiyala, a TOI report stated. Among these options, Kaudiyala stands out as it offers the longest rafting route, spanning an entire day of exhilarating rafting experiences. On the other hand, Brahmpuri, Shivpuri, and Marine Drive provide adventures lasting three, four, and five hours, respectively.

Railway Board has stressed on the need for dedicated coal corridors to meet the growing power demand in the country. The majority of the coal flows from the states of Odisha, Jharkhand, and Chhattisgarh to the north, west, and southeast of the country, there is a need to develop tracks exclusively for coal movement on these routes, the report on estimation of coal transportation by Rail-2030 said. “It is necessary to create coal corridors in these routes in line with Dedicated Freight Corridors (DFC),” the report said adding that the East-Coast DFC corridors as well as the eastern part of the East-West DFC corridors have to be developed on priority to provide access to coal mainly from Talacher to Ports dotting the eastern coastline. According to the estimation, energy requirements of India will annually increase to approximately 3000 billion units (BU) by 2030.

Special Parliament Session which started on September 18 and will continue for five days.Eight Bills Listed by Government for Special Parliament Session:

Association of Mutual Funds in India (Amfi) showed. Apart from inflow, the asset base of Gold ETFs and investors' account or folio numbers increased in the period under review. According to data, gold-linked ETFs have seen an inflow of Rs 1,028 crore in August. This came following an inflow of Rs 456 crore in the segment in July.

India (SBI) has introduced a digital facility for Non-Resident Indians (NRIs) to effortlessly open NRE and NRO accounts (both savings and current accounts) through its mobile app YONO. This service is designed for NTB or 'new to bank' customers, providing them with ease and efficiency in the account opening process, SBI said in a statement on Monday. This initiative fulfils a long-standing demand from NRI customers for a hassle-free way to open and manage their accounts in India, it said. An Non-Residential External (NRE) account is a bank account opened in India in the name of an NRI, to park his foreign earnings; whereas, an Non-Resident Ordinary (NRO) account is opened in India in the name of an NRI, to manage the income earned by him/her in India.

The XRP price has dipped by 0.5% in the past 24 hours, taking it below its all-important $0.50 support level as the market remains largely flat today.

Indeed. Production/manufacturing, sales and marketing roles were the other preferred options, said employment specialist firm Indeed in its recently released hiring tracker, which has insights on hiring trends. The data showed that 61% of the surveyed employers engaged in hiring between April and June quarter, which resulted in an 8% increase in white-collar hiring. The survey included data from 1,109 employers and 2,517 jobseekers or employees. The data covered many cities, sectors and big and small organisations. Irrespective of the sector, there was an increase in demand for skills such as critical thinking, problem solving and communication, along with technical skills, in the changing workplace. Given the spate of layoffs recently, Indeed’s data showed that 62% of those surveyed either were laid off or witnessed it among their peers, leading to more job competition and financial insecurity.

BHP has warned investors dividends will suffer under the Albanese government’s “same job same pay” agenda, which the miner expects will strip more than $1.3 billion from its annual earnings based on a conservative reading of the bill, equivalent to 5000 jobs.

As floater funds mitigate interest rate risks and adjust the duration based on prevailing interest rates, investors are finding them attractive. In August, when most debt-oriented schemes saw net outflows, floater funds attracted net inflows of `2,325 crore, data from Association of Mutual Funds in India show.

Faridabad, a vibrant city located in the northern Indian state of Haryana, has undergone a remarkable transformation in recent years. While it was traditionally known for its strong industrial and manufacturing sectors, it has now evolved into a thriving hub for luxury housing.

Several bank fixed deposit schemes are now offering higher than SCSS interest rate to senior citizens. For the July-September quarter of FY 2023-24, the Government has kept the SCSS interest rate at 8.2%. Following is a list of banks offering higher than SCSS interest rate on their fixed deposits to senior citizens in September, according to BankBazaar data.

Deakin University and Symbiosis International (Deemed University) SIU, a institute of higher education aims to enhance their collaboration to provide more opportunities for Indian students in liberal arts and business administration/analytics. They’re introducing dual degree and accelerated master’s programmes to offer a more global educational experience, according to an official statement.

Inflation is like a quiet but strong wind that changes the financial world around us. It’s when the cost of things we buy, like goods and services, goes up over time. This unassuming economic factor wields a significant impact on personal finance and investments.

bread toaster is heating components that produce regulated heat to brown the bread's surface, giving it the desired crunch and golden colour. To suit a variety of tastes, modern bread toasters come with a number of functions. The intensity of toasting may be changed using the adjustable browning settings, which range from gently golden to deep brown.