Provident Financial News
13.08 / 18:13
Provident
FIVE
Aware
Assurant
Deloitte
performer
exit
Deloitte’s Adani Ports exit reveals a Hindenburg link
₹1.75 trillion Gautam Adani-led company’s resistance to conduct an independent external evaluation. As a “material weakness" identified as at 31 March, Deloitte said, “The company (Adani Ports) did not have an appropriate internal control system in respect of conducting an external examination of allegations made on the company." Deloitte said Adani Ports did not have adequate internal control system to even examine veracity of allegations ( made by Hindenburg) on related party relationships, which could potentially result in possible adjustments or disclosures of related party relationships, balances and transactions in the standalone financial statements.
13.08 / 18:11
Provident
Cooper
Celebrity
country
500
NCCF sells 71,500 kg of tomatoes in Delhi in two-day mega sale
NCCF) on Sunday said it sold 71,500 kg of tomatoes at a subsidised rate in the national capital in the two-day mega sale held ahead of the Independence Day celebration in order to provide relief to consumers from high prices. The mega sale was conducted in 70 different locations like Seelampur and R K Puram in Delhi, the cooperative said in a statement.
13.08 / 18:11
Provident
Aviat
Mobile
Duke
plane
Power
Plane crash at Lake Hickory leaves over 18,000 without power in Caldwell and Catawba Counties; Details here
Plane Crash at Lake Hickory Causes Power Outage for 18,000 Residents in Caldwell and Catawba Counties Early Sunday morning, an unfortunate plane crash near Lake Hickory has led to a significant power outage affecting approximately 18,000 residents in both Caldwell and Catawba counties. The aircraft incident occurred off 32nd Avenue Drive NW, according to initial reports. Catawba County Communications indicated that the plane had made contact with powerlines during the crash.
13.08 / 17:31
Provident
Digital
Cooper
Platform
track
country
India plans own certification for digital public infra, goods
NEW DELHI : India is working with multilateral forums, including the UN and the G20, to create collaborations that would certify, register, test and benchmark Indian digital public infrastructure (DPIs) and public goods (DPGs), two people with direct knowledge of the matter said. The success of some of the government’s popular DPI programmes like CoWin, UPI, Digilocker and Diksha (national digital infrastructure for teachers) has prompted New Delhi to seek its own rating and testing mechanism for DPIs and DPGs, the people mentioned above said.
13.08 / 17:31
13.08 / 17:31
UPS
Citi
Provident
Deal
NOT
‘Leela deal worth the price; such assets not built quickly’
real estate, Ankur Gupta, and the hotel business’s chief executive officer Anuraag Bhatnagar, said the business has doubled in terms of earnings before interest, taxes, depreciation and amortization (Ebitda), commercial growth and overall revenue. Besides, it has expanded its presence from 8 to 12 operational hotels post-pandemic, including in Gandhinagar and Bengaluru. Edited excerpts: Gupta: Yes, it is a unique investment for Brookfield.
13.08 / 17:31
UPS
Provident
Digital
Platform
Gap
Enterprise
AI offers a rare opportunity to transform our economy
air pollution mitigation, the use cases for AI in governance are endless. New Delhi plans to use AI to synchronise traffic signals so that there’s less congestion. Tamil Nadu expects to roll out a system of smart street monitoring to detect street light failures in real time.
13.08 / 16:17
Provident
Waters
Aware
Emerson
Destiny
Premier League
Tottenham Hotspur
Brentford vs Tottenham Hotspur: Why was the kick-off delayed in the Premier League clash which ended in 2-2 draw? Here’s the reason
Premier League game between Brentford and Tottenham was scheduled to commence at 2 pm, but the match began almost 10 minutes after its intended start time.
13.08 / 16:17
Citi
Provident
Rhythm
Celebrity
Pride
performer
Dominican Day Parade 2023: When is it and where can you watch it live? Here are all the key details
National Dominican Day Parade, a prominent showcase of Latino pride, will illuminate the streets of Midtown Manhattan on Sixth Avenue. This annual event promises to immerse the city in the captivating colors and rhythms of the Dominican Republic. In an unprecedented turn of events, this year marks a historic occasion as the President of the Dominican Republic graces the parade as the Grand Marshal. This notable presence adds a special touch to the 41-year legacy of the celebration.’
13.08 / 16:17
UPS
Provident
COP
Celebrity
10,000 cops, facial recognition cameras part of I-Day security at Red Fort
facial recognition cameras, anti-drone systems, and over 10,000 police personnel keeping vigil are part of the security measures in place at the Mughal-era Red Fort here, from where Prime Minister Narendra Modi will address the nation on August 15. As the national capital gears up to celebrate the 77th Independence Day on Tuesday, robust arrangements have been made as a large gathering is expected at the event, which has no COVID-19 restrictions after a span of two years. Police said that keeping in mind the recent violence in Haryana's Nuh and adjoining areas, a strict vigil is being ensured.
13.08 / 16:13
COST
UPS
Provident
Fox
Manufacturing
country
US manufacturing sector reaping benefits of reshoring
FOX Business’ Lydia Hu discusses the Reshoring Initiatives efforts to encourage companies to return manufacturing to the U.S.
13.08 / 16:07
Provident
Platform
Enterprise
Time
It’s now time to regulate invoice discounting
₹10 lakh on a seemingly safe asset, i.e., invoice discounting. She has a finance background and is unlike most retail investors who do not understand the risks of exotic financial products. She had invested via an online platform towards discounting an invoice payable by a leading e-commerce company.
13.08 / 15:55
13.08 / 15:43
Provident
Citizens
Progressive
Assurant
Marvell
country
social
Bridging hearts is as vital as ending curse of poverty
barf ka gola (snow cones). Though currency was used at the time, the ancient barter system dominated. When I told this story to my village’s third-generation youngsters, they laughed in disbelief.
13.08 / 15:27
IPO
Provident
NASDAQ
SoftBank
T-Mobile
stake
SoftBank in talks to buy Vision Fund’s 25% stake in Arm
SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund it raised in 2017, according to people familiar with the matter, potentially delivering a win for investors who have waited years for strong returns. The discussions come as Softbank is preparing to list the chip designer on Nasdaq next month at a valuation of $60 billion to $70 billion. If the negotiations lead to a deal, the Japanese tech investor would be delivering a major, immediate windfall to VF1 investors, including Saudi Arabia's Public Investment Fund and Abu Dhabi's Mubadala.
13.08 / 15:27
Provident
Digital
Booking
Google
Software
show
Don't expect quick fixes in ‘red-teaming’ of AI models, security was an afterthought
Some 3,500 competitors have tapped on laptops seeking to expose flaws in eight leading large-language models representative of technology's next big thing. But don't expect quick results from this first-ever independent «red-teaming» of multiple models. Findings won't be made public until about February.
13.08 / 15:03
Provident
FIVE
Dreams
show
track
Making sense of India’s GDP growth promises
Narendra Modi says India will become the third largest economy during his “third" term. Standard Chartered sees India’s gross domestic product (GDP) at $6 trillion by 2030 and per capita income at $4,000 by then. Several other projections put India on a similar track over the next 10 years.
13.08 / 13:33
UPS
Provident
Manufacturing
Align
Enterprise
performer
Netweb Technologies Q1 Results: Profit declines 9% YoY to Rs 5 crore, revenue drops 13%
Netweb Technologies on Sunday reported a profit after tax of Rs 5.1 crore for the June quarter of the financial year 2023-24. This is a decline of 9.2% from Rs 5.6 crore clocked in the corresponding quarter of last year. On a quarter-to-quarter (QoQ) basis, Netweb Technologies posted a 51.6% decline in profit after tax at Rs 5.1 crore in Q1 FY24 compared to Rs 10.5 crore in Q4 FY23.
13.08 / 13:15
13.08 / 13:11
Provident
Parke
CAT
track
cover
Inside
MP: Female cheetah that went untraceable in KNP due to radio collar issue captured after 22 days
Kuno National Park in Madhya Pradesh's Sheopur district since her radio collar stopped working on July 21, was captured on Sunday after a 22-day search operation, officials said. The cheetah, Nirva, was caught at around 10 am in Dhoret range of the Kuno National Park (KNP), after which a health check-up was conducted on her, they said. An intense search for the female feline was on for the last 22 days after her radio collar stopped functioning on July 21, a release issued by the Chief Wildlife Warden of the Madhya Pradesh forest department said. More than 100 field staff, including officers, veterinarians and cheetah trackers were searching for the spotted cat day and night, it said. Besides the team on ground, two drone teams, one dog squad and available elephants were deployed in the search operation. An area of 15-20 square kilometres was being searched, it said. In addition to this, local villagers were informed about Nirva and any information received about the feline from villagers was being checked and verified immediately, the release said. On August 12, information about the cheetah's location was received from the satellite. It gave information about her location on August 11 evening, it stated.
13.08 / 12:11
Provident
DRI busts leopard skin trade in Srinagar
New Delhi: The Directorate of Revenue Intelligence (DRI) has seized four leopard skins in an operation against gangs involved in the wildlife trade in Srinagar, according to an official statement. The DRI said that an operation was launched based on specific intelligence that a few gangs in Srinagar were seeking prospective buyers for leopard skins. DRI officers then posed as buyers.
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