Provident Financial News

03.03 / 06:45
UPS Provident economy Sustainability innovations Updates ADB to channel $1.2 bn into India’s clean transition in 2026
agriculture, with a significant intervention underway in Maharashtra. The state government has structured a large programme that brings in private sector participation on the generation side while farmers remain the primary beneficiaries.
03.03 / 00:57
markets Provident FIVE Digital Platform security information Sentiment around Indian IT stocks may be improving. Here are the best ones to watch.
Information technology services has been among the most talked-about sectors in the Indian market over the past few days, driven by sharp swings in sentiment and price action.On Tuesday the Nifty IT Index slipped nearly 4% to its lowest in about 10 months, highlighting the extent of the pressure on technology stocks. However, the trend seemed to reverse on 25 February, when Indian IT stocks staged a strong rebound.
02.03 / 00:25
UPS Provident FIVE CEO Software Daimler reports Cognizant’s Ravi Kumar snaps up a deal he once won for Infosys
A multi-year deal of more than $300 million from Daimler Trucks that Cognizant Technology Solutions Corp. snatched from Infosys Ltd last week has one common thread: Ravi Kumar.Kumar, Cognizant’s current chief executive, was also instrumental in securing the Infosys contract during his stint at India’s second-largest software services provider in 2020, according to a person familiar with the matter.
02.03 / 00:25
markets UPS Provident Manufacturing Trade Updates India-EU FTA draft clarifies textile origin rules, boosts export prospects
free trade pact, opening up markets to each other in an uncertain global trade landscape. From India’s perspective, the agreement delivers unprecedented market access, with over 99% of Indian exports by trade value set to receive preferential or duty-free entry into the EU market.The rules provide some flexibility while still requiring clear value addition in India.
01.03 / 10:07
COST UPS Citi Provident security Food politician New York under Mamdani is going welfarist in a big way but is the mayor playing with fiscal fire?
France is great. I visit a few times a year, and the food is fantastic, the museums are amazing and day care is free (or heavily subsidized) for toddlers aged 3 months or more. New York City, where I live, is also great, with pretty good food and architecture.
01.03 / 09:25
Provident CEO Assurant wellness Healthcare Instagram Updates Former Bira 91 employees protest outside founder Ankur Jain’s home over unpaid salaries, statutory dues
healthcare access, and household finances months after their exit from the company.However, employees noted that the CEO, Ankur Jain, was not at his residence during the demonstration.The group has also launched an Instagram page documenting employee grievances and the protest.The protest underscores the severity of the financial and governance crisis at B9 Beverages, once among India’s fastest-growing craft brewers. What began as delayed salary payments in late 2024 escalated into halted production, large-scale exits and mounting statutory disputes—raising broader questions around startup governance, employee protections, and accountability in venture-backed firms.Employees said repeated attempts to seek clarity on repayment timelines failed to yield firm commitments, prompting the decision to protest outside the promoter’s residence.“There is no other place for us to protest, except outside his house,” one employee said.Jain expressed regret over unpaid salaries.
01.03 / 06:11
Provident performer social Department patient donates Updates Mint Explainer | How Harvard Medical’s tie-up with AIIMS, Delhi for face transplants will help acid attack victims
Mint explains this breakthrough initiative for patients with severe facial disfigurement and who have exhausted conventional options to restore critical functions such as breathing, eating, and speaking, besides identity and social acceptance; along with accompanying legal and ethical issues.Face transplantation has transitioned from an experimental procedure to an established clinical practice. Successful procedures have been performed in France (the site of the first partial transplant), the US, China, and Turkey.
28.02 / 02:03
markets Provident Booking Waters wellness reports International Top four stocks with order book surpassing their market caps
order book can often speak louder than short-term price movements.It represents confirmed projects, assured revenue pipelines, and management’s ability to win and execute large contracts. When this order book outweighs the company’s own market capitalization, it signals a rare combination of strong demand and underappreciated scale.In this article, we spotlight the top four companies whose order books are larger than their market capitalization.The criteria: Return on equity (RoE) and return on capital employed (RoCE) above 12%, along with a debt-to-equity ratio below 1x.NBCC (India) Ltd is a Navratna Central Public Sector Enterprise under the aegis of the ministry of housing and urban affairs (MoHUA).The company provides value-added services in project management consultancy (PMC), engineering, procurement and construction (EPC) and real estate development.
27.02 / 08:17
markets COST UPS Provident security Enterprise reports Reports of SaaS’s death at the hands of AI have been greatly exaggerated
The AI scare has come knocking on the doors of Indian IT sooner than expected. Spooked by rapid advances in agentic AI, the Nifty IT has erased 20% of investor wealth this month, even as the broader market has remained flat.But as doomsday theories proliferate, the other side of the story is being ignored – that AI’s impact will be multi-layered and will depend on how India Inc adapts. Let’s discuss.
26.02 / 14:13
markets Provident security Sustainability Food Research cover States eye agroforestry to lift farm incomes, restore degraded land
Several Indian states plan to integrate trees into mainstream farming systems to improve soil health, capture atmospheric carbon, and diversify rural livelihoods, as crop yields drop due to climate change and land degradation.Haryana, Uttar Pradesh, Rajasthan, Tamil Nadu and Andhra Pradesh are in the process of launching state-specific agroforestry policies to include tree-based farming as a driver of sustainable economic growth, according to six people aware of the development.The proposed frameworks will ease timber and paper transit regulations, promote high-value tree species, facilitate access to quality planting material, and encourage private sector participation in value chains such as pulp, plywood, bioenergy, and fruit processing, the people said.Nearly 1.7 billion people globally live in regions where crop yields are declining due to human-induced land degradation, posing a direct threat to agricultural productivity and food security, according to The State of Food and Agriculture 2025. Agroforestry—cultivating trees alongside crops and livestock—is increasingly being viewed as a solution to rising input costs, erratic weather patterns, and land degradation.In India, trees outside forests (TOF) account for 8.65% of the total land area of 328.7 million hectares.
26.02 / 09:35
markets COST Provident security Trade Updates RBI broker funding rules could give foreign proprietary traders an edge
traders could back a bank guarantee with a small cash or cash-equivalent margin along with personal or corporate guarantees.Under the amended framework, both domestic and foreign proprietary traders must provide a 50% cash margin to secure a bank guarantee (BG). For the remaining collateral, RBI directions require customers to furnish eligible securities such as government bonds, sovereign gold bonds, and listed shares, among others.
26.02 / 01:11
markets Provident Target Sustainability trends performer recommendations Stocks to buy: Raja Venkatraman recommends two stocks for 26 February
A volatile start to the new series has dampened investor sentiment. The indices are struggling to maintain peaks, but steady performance in individual stocks suggests that market participation is shifting away from the benchmarks and toward specific stock-picking.Buy above ₹1770, stop ₹1705, target ₹1925 (multiday)Buy above ₹160, stop ₹153, target ₹174 (multiday)Buy above ₹1350, stop ₹1290, target ₹1480 (multiday)Why it’s recommended: Technical trends indicate that after a powerful rally driven by Q3 FY26 net profits jumping 37% to ₹813 crore, the stock entered a brief healthy consolidation.
26.02 / 01:11
COST Provident security Highways country testing Barrier-free tolling runs into a Chinese security bump
Commuters looking to zoom past toll plazas on India's 1,46,560 km highway network will have to wait longer. Security concerns about surveillance cameras imported from countries like China have delayed the rollout of the barrier-free tolling system.The National Highways Authority of India (NHAI) seeks to install the multi-lane free-flow (MLFF) system at around 1,150 toll plazas nationwide to allow vehicles to pass through at speeds of 100 km/h or more.
26.02 / 01:11
markets UPS Provident Digital security country Updates Synergy between renewable energy and data centers core to NIIF's Master Fund II
Mint. “That cross-sector perspective informed the design of the BOM campus from the outset.”The BOM campus is NIIF's initial investment in the data centre segment, which was through a joint venture with data centre platform company Digital Edge and global asset development company AGP Sustainable Real Assets back in 2023.
25.02 / 01:59
markets Provident Fighting country Updates Mint Quick Edit | India's counter-terror policy document is welcome but misses an important detail
Given India’s extended fight against terrorism, why a policy document on countering it took so long is hard to fathom. With Prahaar, though—an acronym that lays out India’s approach on the menace—we now have a clearly laid out policy.
24.02 / 09:15
markets UPS IPO Provident Trade rights Updates Mint Explainer: Is this the right time for Carlsberg to list in India?
Carlsberg AG, the Danish brewer, recently said it plans to list its India business on the domestic bourses. The move comes at a time when India’s beer market is benefiting from favourable regulatory shifts, growing retail access, and a potential cyclical recovery after a weak season. Yet, the market remains structurally spirits-dominated, intensely competitive, and heavily dependent on state-level excise policies.What explains the timing of the IPO, and how big are the opportunity and the risk? Mint explains.Chief executive Jacob Aarup-Andersen said in a February earnings call that the company is assessing an initial public offering (IPO) in India to “create shareholder value”.
24.02 / 00:39
markets Provident Target Sustainability performer classical recommendations Stocks to buy: Raja Venkatraman recommends two high-yield dividend stocks for 24 February
Subscribe to enjoy similar stories. Indian stocks with high dividend yields such as Vedanta and Coal India have acted as defensive anchors during the market volatility of 2025-2026. Despite global uncertainty and shifting domestic policies, these companies provided 4-6% yields, using their strong cash flows to protect investor capital from broader market declines.
24.02 / 00:39
markets UPS Provident Aware Food Experts Updates FSSAI's big coffee shake-up: Chicory content must be prominently displayed on front of pack from 1 July
New Delhi: How much chicory is in your coffee? If you’re not sure or don’t care, you will get to know starting in July, when the percentage of chicory will be displayed quite prominently on coffee powder packs.India’s apex food regulator wants to ensure that customers are aware of the volume of chicory in their preferred brew, according to two government officials and a document reviewed by Mint.In a major overhaul for beverage labelling, the Food Safety and Standards Authority of India (FSSAI) has finalized a new mandate requiring ‘prominent declarations’ on the front of the pack so that blended coffee is not mistaken for 100% pure coffee. Also, the font sizes of these declarations must be proportionate to the logo dimensions, with a 1 July enforcement date.Chicory is a popular additive that provides a darker colour and an earthy taste to the beverage.
23.02 / 07:25
Provident electronic Department prevention rights Updates Relationships Claiming HRA on rent paid to parents and relatives will be harder from 1 April
The new Income Tax rules have proposed a change for claiming house rent allowance (HRA) that may affect claims where the rent is paid to parents, siblings or any other relative. Effective 1 April, salaried employees may have to clearly state their relationship with their landlord while claiming HRA tax benefits.The aim is to prevent misuse of the exemption, especially in cases where rent is shown to be paid to family members to reduce tax liability, said Sandeepp Jhunjhunwala, partner at Nangia Global Advisors.
23.02 / 05:27
markets Provident Booking trends Trade Videos Headlines The fundraising tactic AI startups are using to juice valuations
Subscribe to enjoy similar stories. AI startup Serval closed a private deal with venture-capital giant Sequoia in December that valued it at less than $400 million. Days later, Serval announced a new milestone from another funding round.
23.02 / 01:19
markets IPO Provident performer stage reports Updates PE-VC backed Indian companies see their median IPO timelines shrink to a decade-low in 2025
Mumbai: India is increasingly seeing private equity and venture capital backed companies tap public markets at an earlier stage in their lifecycle, driven by factors such as greater predictability in business performance, liquidity needs, and conducive regulatory policies, making IPOs an attractive option.“Over the past few years, public markets have also become more willing to underwrite newer business models. That increases confidence for sponsors to view IPOs (initial public offerings) as a viable, attractive exit option earlier in the company lifecycle,” Gaurav Sood, managing director and head of equity capital markets of Avendus Capital.

frequently asked questions about Provident

What is Provident and why is it important?

Provident is a trending topic that interests a wide audience. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on Provident?

All new posts about Provident can be found in the dedicated section. We publish information as it becomes available.

How can I verify the accuracy of information on Provident?

We rely on trusted sources to ensure that the information about Provident is accurate and valuable for our readers.