Provident Financial News

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Rs. 1,050 Crores is a testament to the success of its unique trading model. However, it's not just about the numbers; OneUpTrade's remarkable client retention rate, hovering around 100%, speaks volumes about the trust it has garnered from its clients.

home loan is a better long-term option than renting due to equity growth, stability, tax benefits, and investment potential. However the rule may not apply to everyone, and depending upon certain personal, and professional factors, individuals may decide to go with either of the options. Some individuals prefer to buy their own space and get rid of the burden of paying rent every month.

MILAN (Reuters) — Italy's Treasury can take full ownership of Telecom Italia (BIT:TLIT)'s (TIM) submarine cable unit Sparkle as part of an agreement with U.S. fund KKR to jointly bid for the group's landline grid, a draft government decree showed on Tuesday.

Investing.com — The U.S. dollar edged lower in early European trade Tuesday, retreating from near three-month highs ahead of the release of a slew of key economic data this week. 

European shares opened higher on Tuesday, with mining stocks leading gains tracking strength in metal prices, while NN Group soared after reporting first-half results. By 0710 GMT, the pan-European STOXX 600 gained 0.6%, its highest in two weeks. European miners added 1.7% as copper prices rose on a softer dollar and policy support from top consumer China. China's finance ministry said in a brief statement on Sunday that it was reducing the 0.1% duty on stock trades. NN Group advanced 8.4% after the Dutch insurer said its capital position had improved in the first six months of 2023. Real-estate stocks jumped 1.7% in early trade. UK's FTSE 100 rose 1.3% as London investors returned after a public holiday on Monday.

Shriram Housing Finance Limited (SHFL) and International Finance Corporation (IFC), a member of the World Bank, have entered into a partnership to launch an affordable green housing lending product for self-constructed homes. The project will deploy IFC’s excellence in design for greater efficiency (EDGE) certification tool for the affordable self-construction segment customers and impact monitoring tool (CAFI) for reporting of green affordable housing. IFC will provide training and capacity building for SHFL teams on the principles and applications of the EDGE software, standards, and certification system. The training will support SHFL in promoting construction of green self-built houses among its potential customers and assessing green components in constructed units for green certification. Ravi Subramanian, Managing Director & CEO, SHFL said, “Who better than to partner with for our affordable green homes financing initiative than IFC.

₹5: Small-cap stock Godha Cabcon has been in strong uptrend for the last five straight sessions. This circuit to circuit stock has been finding no seller for the last five days after the small-cap stock under ₹5 informed Indian stock market exchanges about receiving an order worth ₹56.60 crore.

Reliance Industries Limited (RIL) Chairman Mukesh Ambani announced that RIL's Jio would introduce new AI systems, similar to OpenAI's ChatGPT, for India. Ambani expressed a commitment to provide AI accessibility to all Indians and lead in creating India-specific AI models and solutions. Interestingly, this announcement seems to follow OpenAI CEO Sam Altman's comments about India's AI efforts being "hopeless," which he later clarified as being taken out of context.

₹150 or annual fee of Rs1650. “We have been continuously working on innovation-led models to re-define the role we can play in the life of our customers, by elevating digital banking to new domains of customer engagement. By incorporating the principles of subscription-based models, we aim to provide our customers with a transformative banking experience, aligning with the evolving preferences and expectations of today's consumers," Ravi Narayanan - Group Executive & Head – Branch Banking, Retail Liabilities and Products, Axis Bank, said.

₹10 crores. Also read: Rajasthan vendor lodges FIR against 4B Network's Rahul Yadav alleging fraud: Report The Mumbai Police's Economic Offences Wing (EOW) previously filed a First Information Report (FIR) in this case and issued a look-out notice for Yadav and Saini. The complaint, filed by Omprakash Nowal of Interspace, alleges that the accused engaged his firm to install billboards in Pune.

The most recent monetary policy report highlighted a 6.5% growth forecast for FY24, one of the strongest amongst regional peers and expected to come on the back of 7.2% growth in FY23. The Rupee has also remained largely resilient against a backdrop of volatile emerging market currencies.

In a bid to ensure the security of the G20 Summit in Delhi, insiders have revealed that a discreet measure, "House Intervention Teams" (HIT squads), will be stationed within city hotels housing G20 delegates. The primary objective of these teams will be to address potential hostage crises that might emerge during the summit.

Tata Power Renewable Energy Limited (TPREL), renewable energy subsidiary of Tata Power, signed a group captive power delivery agreement (PDA) for 4.4 MW AC with the Anand Group, a global automotive systems and parts industry leader. Under this agreement, TPREL will facilitate the generation of 10 million units of clean energy through renewable sources. The project is expected to eliminate 5500 tonnes of carbon emissions annually, aligning with TPREL's mission to create a greener and cleaner future for its Commercial and Industrial (C&I) customers.

Advertising Standards Council of India (ASCI)—a self regulatory organisation whose directives are not legally binding—launched ASCI academy, an initiative to ensure responsible advertising campaigns, on Monday. The ASCI academy will provide courses for a range of people from students to influencers, in line with advertising regulations and ethical practices. The courses will be offered online, in person and in hybrid models, through e-learning modules, masterclasses and faculty development programmes. While ASCI normally plays a role post ad publication or broadcast, this initiative is aimed at intervening at the time of creation to ensure guidelines awareness are followed at the time of ideation and approval of an ad. “With short campaign durations, it is important that attention is directed at the point of creation of ads, not just after they are published.

SoftBank-backed British semiconductor and chip manufacturer Arm will start investor meetings next week, ahead of what is slated to be the year’s biggest initial public offering.

Apple says the fees it charges Australian banks for using Apple Pay are not a money making exercise, and should be regarded as good value given the tech giant’s digital wallet reduces fraud rates and improves payment experiences for people who transact on iPhones.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

Gulf Oil Lubricants is on a lookout for more acquisitions in India and globally within the charging EV ecosystem as it seeks to strengthen its presence in the electric mobility segment where it’s a new entrant. This is even as the company plans to continue to focus on its core lube business. The Hinduja Group company announced acquiring a controlling stake in Tirex Transmission for Rs 103 crore on Monday.