Provident Financial News

A hollowing out of staff at Alister Coleman’s Folklore Ventures has tongues wagging in Australia’s tight-knit venture capital scene.

GenesisCare’s troubled business in the United States, which collapsed into bankruptcy in June, is performing better than expected, helped by cost-cutting ahead of a sales process that will involve splitting its assets.

Four mainstream Australian insurers say they avoid deliberately inflating premiums for customers predicted to be more likely to tolerate higher price renewals, contrasting with allegations levelled against major provider IAG.

Arvind Kejriwal on Sunday questioned the rationale behind the 'One nation, One election' concept, wondering what the common man will get from such an arrangement. «What is important for the country? One Nation One Election Or One Nation One Education (Rich or poor, equal good education for all).

G20 Summit, the Delhi Metro will sell 'Tourist Smart Cards' through dedicated counters at 36 stations from September 4-13, officials said. These cards will be available in two categories — one-day and three-day validity — offering «unlimited rides» in the metro network. The Tourist Smart Cards are available on regular days too but, in view of the G20 Summit, dedicated counters have been opened to sell these cards for a period of 10 days from Monday, a senior official said. The G20 Leaders' Summit is slated to take place in New Delhi from September 9-10. The dedicated counters have been provided to «facilitate G20 delegates and international visitors who might be interested in exploring the prominent tourist places of the capital city as they arrive in Delhi, owing to the upcoming G20 Summit,» the official said. The one-day card will be available for Rs 200 while the three-day card will cost Rs 500. This amount also includes a refundable security deposit of Rs 50, the Delhi Metro Rail Corporation (DMRC) said.

India's rich agricultural heritage and taste a millet-based feast prepared by renowned celebrity chefs. A majority of G20 leaders, including US President Joe Biden, French President Emmanuel Macron, Australian Prime Minister Anthony Albanese, German Chancellor Olaf Scholz, UK Prime Minister Rishi Sunak and Japanese PM Fumio Kishida, have already confirmed their participation at the summit. According to official sources, the first ladies and spouses of the dignitaries will be guarded by the specially-trained men and women commandos of another paramilitary force — Sashastra Seema Bal (SSB). The first ladies and spouses of the participating heads of G20 countries have been extended a special invitation to an agriculture exhibition, said a senior government official associated with preparations. They will have a unique opportunity to savour a millet-based feast prepared live by renowned celebrity chefs, including Kunal Kapur, Ajay Chopra and Anahita Dhondy. Joining these chefs will be two culinary experts from the ITC group — Kusha Mathur and Nikita Mehra. In the 'Live Cooking Area', the chefs will prepare a 'full course meal' with a focus on millets. From appetisers, salads, and main courses to desserts, the magic of millets will be showcased in its full glory. The special guests will also get a first-hand experience of making rangoli using millets with two distinct themes — «Harmony of Harvest» and «Unity in Sustenance». «The Ministry of Agriculture is adding a vibrant touch to the G20 Spouses Program at the NASC Complex with two exquisite millets based rangolis,» the official said. These artistic creations will not only showcase India's expertise in integrated farming systems but will also highlight its significant role

Burning Man festival, held in the Nevada desert, faced unexpected challenges as heavy rains transformed the event site into a muddy quagmire. The festival, known for its art installations and sense of community, took an unexpected turn as a rainstorm hit, prompting organizers to call for sheltering in place and conservation of essential supplies.

Manipur government has shifted the last of 10 Kuki families comprising 24 members from Imphal's New Lambulane area where they had been living for decades and did not move elsewhere even after the ethnic violence broke out in Manipur four months ago. These families were taken to the Kuki-dominated Kangpokpi district on the northern side of Imphal Valley early on Saturday, as they had become «vulnerable targets», an official said. The last of 10 Kuki families were provided «safe passage» to Motbung, in Kangpokpi district, some 25 km from Imphal, he said. But Kuki families alleged that they were forcibly evicted from their residences in the New Lambulane area to Motbung. S Prim Vaiphei, one of the volunteers guarding the Kuki locality in the heart of Imphal, said that a «team of uniformed armed personnel claiming to be acting under directions from the Home Department came to New Lambulane, Imphal in the intervening night of September 1 and 2 and forcibly evicted the last remaining residents of the Kuki locality in Imphal from their homes». Around 300 tribal families, who were living in the New Lambulane area, had earlier left the place in phases since the ethnic violence began on May 3. «Twenty-four of us were not given time to even pack our belongings and we were herded into vehicles with only the clothes we were wearing,» Vaiphei said in a statement. Expressing strong displeasure over the «forcible eviction», Kuki Inpi Manipur, the apex body of the Kuki tribes, in two statements, said, they stood «aghast at the dastardly attack against the last of the Kuki Zo volunteers (numbering about 24 men) who have been guarding the houses and properties of the Kukis at New Lambulane.

₹10,000 has given him crores of returns. In a post on X platform (formerly Twitter), Kotak wrote, "We are now a pre-eminent bank & financial institution, created on the basic tenets of trust and transparency. We have created value for our stakeholders and provide over 1 lakh direct jobs.

A day after the launch of Aditya L1 to the Earth's orbit, ISRO successfully completed the first orbit manoeuvring exercise on Sunday. “The satellite is healthy and operating nominally," said ISRO after the satellite was upgraded to a higher orbit and with increased velocity. “The first Earth-bound maneuvre (EBN#1) is performed successfully from ISTRAC, Bengaluru.

Narendra Modi extended his congratulations to the Indian Men's Hockey team for their triumphant performance in the Hockey5s Asia Cup. India's men's hockey team secured the championship title in the first-ever Men's Hockey5s Asia Cup by clinching a penalty shootout victory over Pakistan in the final. The match ended in a 4-4 tie at the final whistle, with India ultimately prevailing 2-0 in the penalty shootout.

In the current week, IPOs of three companies including Ratnaveer Precision Engineering, Jupiter Life Line Hospitals, and EMS Ltd, will open for subscription.Ratnaveer Precision Engineering IPO, which opens on September 4 and closes on September 6, comprises a fresh equity issue of 1.38 crore shares and an offer for sale (OFS) of 30.4 lakh shares. The total mop-up through the issue will be Rs 165 crore. The company is a stainless steel product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes, and tubes.

Spouses of heads of state from around the world, who will gather for the upcoming G20 Summit, are in for a treat as they will be hosted to a special lunch at the historic Jaipur House. This exclusive event is set to take place on the sidelines of the main summit, providing a unique cultural and culinary experience. The G20 Leaders' Summit, a pivotal global event, is scheduled for September 9-10 at the newly-constructed Bharat Mandapam, located within the Pragati Maidan complex.

Indian Air Force aircraft performed air-to-air refuelling of Egyptian Air Force Aircraft on Sunday. The IAF IL-78 air-to-air refuelling aircraft took part in the ongoing Bright Star-23 Exercise in Egypt. Sharing the photos of the air-to-air refuelling on X, formerly Twitter, IAF said, “Showcasing the bonds of friendship in the skies over Egypt during Exercise Bright Star, where the Indian Air Force IL-78 air-to-air refuelling aircraft refuelled aircraft from the Egyptian Air Force".

Australia's Covid-era visa will be stopped from the beginning February 2024, the government announced recently. Announcing the same in a statement, Home Affairs Minister Clare O'Neil and Immigration Minister Andrew Giles said, "From February 2024, the visa will be closed to all applicants. This will provide certainty to our visa system now that the circumstances that drove the operation of the visa no longer exist." In 2020, Australia introduced the Pandemic Event visa (subclass 408) to aid stranded international students and address labor shortages amid pandemic-induced border closures.

App. The level of knowledge, in language and mathematics, of students from Classes 1 to 5 and that of mathematics and science subjects of students from Classes 6 to 8 will be tested. Printing of question papers and OMR sheets for evaluation is being done by the state project office through GeM portal. Selected printers will supply question papers and OMR sheets in the districts and later the same will be taken to schools. For students of Classes 1 to 3, one question paper will be provided for every five children.

Narendra Modi will visit Indonesia's capital Jakarta on September 6 and 7 to attend the ASEAN-India and East Asia summits, said the Ministry of External Affairs in an official statement on Saturday. Shoring up India's trade and security ties with the 10-nation Association of Southeast Asian Nations (ASEAN) is likely to be the focus of Modi's engagement with leaders of the bloc, according to PTI reports.

PTI, while allowing a bail plea of a person accused of raping his live-in partner, Justice Siddharth noted that “In the majority of cases, breakups take place between the couple. After a breakup, it becomes difficult for the female partner to face society." "The middle-class society does not look upon such separated female as normal.

ANI. The remarks sparked a significant backlash on social media, with numerous individuals urging for legal action to be taken against the Tamil Nadu minister. BJP's Amit Malviya took to X and slammed MK Stalin adding, “Rahul Gandhi speaks of 'Mohabbat ki dukaan' but Congress ally DMK's scion talks about eradicating Sanatana Dharma.

Amazon.com Inc. has added three executives to Chief Executive Officer Andy Jassy’s senior leadership team, two from the cloud-computing unit and one who leads the company’s robotaxi subsidiary. Dave Brown, Aicha Evans and Swami Sivasubramanian are joining what Amazon calls the S-team, Jassy said in a note to employees on Friday, which was also posted on the company’s corporate blog.