Provident Financial News

01.12 / 11:27
Provident security Universities War country A new “quartet of chaos” threatens America
Subscribe to enjoy similar stories. Antony Blinken, America’s secretary of state, was unusually blunt on a recent visit to Europe: “One of the reasons that [Vladimir] Putin is able to continue this aggression is because of the provision of support from the People’s Republic of China," he said. China was, he added, “the biggest supplier of machine tools, the biggest supplier of microelectronics, all of which are helping Russia sustain its defence industrial base".
01.12 / 10:49
markets Provident Mobile Sustainability Research Diversity innovations Hinduja Tech completes acquisition of TECOSIM Group
Hinduja Tech Ltd has completed the acquisition of Germany-based engineering services provider TECOSIM Group, marking a significant milestone in its vision to be among the top 10 global mobility engineering companies. Hinduja Tech Ltd, a subsidiary of heavy commercial vehicle maker Ashok Leyland, is a mobility-focused global engineering, research and development technology company. The strategic move highlights Hinduja Tech Ltd's ongoing commitment to enhancing its global automotive engineering market leadership. The acquisition would provide operational efficiencies, increased competitiveness, and a stronger global market presence, Hinduja Tech Ltd said in a company statement. «This acquisition reinforces Hinduja Tech Ltd's vision of becoming a global leader in sustainable mobility solutions,» the statement said on Sunday.
01.12 / 06:21
markets Provident Target Digital Strategy awards information Nearly 3,500 projects completed under PMGSY in J&K
Pradhan Mantri Gram Sadak Yojana (PMGSY) over the past two decades in Jammu and Kashmir, officials said on Sunday. The information was given at a meeting chaired by Joint Secretary, Ministry of Rural Development, Amit Shukla here to conduct a comprehensive review of the implementation of the PMGSY in the Union territory. The review focused on expediting project completion, ensuring adherence to quality standards and enhancing rural connectivity across the region, the officials said. The PMGSY was launched in Jammu and Kashmir during 2001-02 with the aim to provide all-weather connectivity to unconnected habitations in rural areas with a population of more than 250 as per the 2001 Census.
01.12 / 05:57
UPS Provident Action Banner country rights Amazon workers in India join Black Friday strike action for better wages and working conditions
Amazon staff in India have joined strike action calling for better wages
01.12 / 05:05
markets Provident Digital Strategy PAM AVP Courts Sambhal mosque: ASI files response in court, seeks control, management of Mughal-era structure
Archaeological Survey of India (ASI) has submitted its response in a court — which had allowed a survey of the Shahi Jama Masjid here — seeking control and management of the Mughal-era mosque as it is a protected heritage structure. Representing the ASI, lawyer Vishnu Sharma said the agency submitted its counterargument in the court on Friday, stating that it faced resistance from the mosque's management committee and locals in conducting surveys of the site. He said the ASI also highlighted an incident from January 19, 2018, when an FIR was filed against the mosque's management committee for installing steel railings on the mosque's steps without proper authorisation. The mosque, notified as an ASI-protected monument in 1920, is under the purview of the agency and as such, public access to the structure should be permitted, provided it adheres to ASI regulations, Sharma said.
01.12 / 03:39
UPS Provident Apple electronic boating Amazon Black Friday Sale is LIVE: Laptops, smartphones, headphones and more at up to 80% discount
Also read: Samsung Galaxy S24 Ultra available at 25% discount on Amazon: Check deals and offersThe e-commerce giant Amazon is hosting its Black Friday Sale 2024 during which several electronic items have been discounted. According to the website, Amazon is offering up to Rs.40,000 off on best-selling laptops Acer Aspire i3, Asus TUF A15, HP 15s i5, and more.
30.11 / 17:43
markets UPS Provident awards Celebrity social rock Indian celebs should attend B-School to succeed in business: Why celebrity brands struggle after initial hype
Lomani Amitabh B Pour Homme Perfume sells on Amazon for Rs 1,299 for a 100 ml pack. Legend 1942 also sells an Amitabh Bachchan range of men’s perfumes—Heritage White and Flamboyance Black. The price is steeper at Rs 3,750 for a 100 ml bottle. The “1942” in the brand name, in case you did not make the connection, is Bachchan’s year of birth. A new range was launched a couple of years ago, on his 80th birthday. Unfortunately, the perfumes don’t seem to be anywhere close to being the hot sellers that one would expect from Big B. They exist, but without much fanfare or franchise —a pale shadow of the legend they represent. I visited Nueva, Virat Kohli’s restaurant in Delhi. It was nice but it wasn’t exceptional. There is also One8 Commune now open in multiple locations. I have read mixed reviews of the restaurant, and those that have been there have provided only lukewarm feedback.
30.11 / 13:33
Citi Provident Strategy RAI Updates At 346, Delhi's air quality remains 'very poor'; likely to persist for 3 more days
Air Quality Index (AQI) of 346, officials said. The city's air quality is likely to remain in the «very poor» category for the next three days due to unfavourable weather conditions, they added. Delhi's 24-hour average AQI was recorded at 346 at 4 pm on Saturday, marking a slight rise from 331 recorded on Friday, according to the Central Pollution Control Board (CPCB). Out of the 38 monitoring stations across the national capital, only Shadipur recorded AQI in the «severe» category, while 34 stations recorded «very poor» AQI, according to the Sameer app that provides hourly updates of national AQI published by the CPCB.
30.11 / 13:11
markets UPS Provident CEO JPMorgan reports JPMorgan wants some juniors to help it value private equity investments
Are private equity firms sitting on massive writedowns that could destabilize the global financial system? It's a question for regulators like the Bank of England. It's also a question for analysts and associates at JPMorgan. 
30.11 / 12:35
markets Provident reports testing WI vs Ban 2nd Test: Live streaming, playing 11, weather, pitch report for West Indies vs Bangladesh Test
West Indies won by a comprehensive margin of 201 runs in Antigua and ended a 30-month winless streak at home. They will now look to seal a much needed series win against a demoralised Bangladesh side. The first Test exposed Bangladesh's batting as the team collapsed dramatically in both innings. West Indies pace tri led by Alzarri Joseph, Kemar Roach, and Shamar Joseph dismantled the visitors' lineup, exploiting technical vulnerabilities and mental pressure.
30.11 / 10:29
markets Provident Digital Extreme Strategy Research Department Republicans would regret letting Elon Musk axe weather forecasting
weather forecasting. Republicans have the chance to make it better. One way Donald Trump may try to differentiate his second term from his first is by slashing the federal work force and budget and consolidating and restructuring a host of government agencies. For people who care about weather and climate, one of the most concerning proposals on the table is to dismantle the National Oceanic and Atmospheric Administration. The authors of Project 2025, a blueprint for the administration crafted by conservative organizations, claim erroneously that NOAA is «one of the main drivers of the climate change alarm industry» and should be «broken down and downsized.» An arm of Mr. Trump's team, the Department of Government Efficiency, to be led by Elon Musk and Vivek Ramaswamy, wants to eliminate $500 billion in spending by cutting programs whose funding has expired. That could include NOAA.
30.11 / 09:51
markets UPS Provident security Schools Nazara subsidiary Nodwin Gaming acquires Trinity Gaming for Rs 24 crore
Gaming and esports company Nodwin Gaming on Friday said it has acquired Trinity Gaming at a valuation of Rs 24 crore. Trinity Gaming serves as a Creator Service Provider (CSP) for Meta and gaming Multi-channel Network (MCN) for YouTube in India. It manages over 1,000 creators nationwide and has established partnerships with the likes of Samsung, Realme, iQOO, and Krafton. «The acquisition of 100 per cent of the share capital of Trinity will be a combination of secondary sale and stock swap of Nodwin Gaming shares for a total consideration of up to Rs 24 crore,» a company statement said. The consideration would be payable partly by way of cash consideration of up to Rs 4.8 crore and balance Rs 19.2 crore by way of swap of equity shares of Nodwin Gaming, it added.
30.11 / 08:53
markets Provident Action Strategy Research prevention Stephen Hawking’s ‘end of the world’ prediction: Is it closer than we think?
NASA has recently raised alarms about the existential threats facing Earth, bringing into focus the predictions made by physicist Stephen Hawking prior to his death in 2018. Though the space agency has not endorsed Hawking’s specific timeline of Earth’s demise, it has echoed concerns about the dangers of global warming, overconsumption of energy, and other threats to humanity’s survival. As the climate crisis worsens, the world is left wondering: how close are we to the catastrophic fate Hawking envisioned?
30.11 / 07:39
COST Provident Target Platform Strategy testing Stealth destroyer to be home for 1st hypersonic weapon on US warship
US Navy is transforming a costly flub into a potent weapon with the first shipborne hypersonic weapon, which is being retrofitted aboard the first of its three stealthy destroyers. The USS Zumwalt is at a Mississippi shipyard where workers have installed missile tubes that replace twin turrets from a gun system that was never activated because it was too expensive. Once the system is complete, the Zumwalt will provide a platform for conducting fast, precision strikes from greater distances, adding to the usefulness of the warship. «It was a costly blunder but the Navy could take victory from the jaws of defeat here, and get some utility out of them by making them into a hypersonic platform,» said Bryan Clark, a defense analyst at the Hudson Institute. The US has had several types of hypersonic weapons in development for the past two decades, but recent tests by both Russia and China have added pressure to the US military to hasten their production.
30.11 / 06:37
UPS Provident Analysis Research wellness Trade information Invest in banking like Warren Buffett: Own a ‘castle’
Subscribe to enjoy similar stories. Warren Buffett has said he looks for businesses that are like castles, protected by moats. Some of today’s best moats aren’t filled with sharks, though—they are packed with data and analysis.
30.11 / 02:53
UPS Provident Progressive Food rights Sporting chess Viswanathan Anand is creating an academy of grandmasters
Subscribe to enjoy similar stories. One of the things that has surprised Viswanathan Anand about young chess players now is they order everything, including food, online. As a touring chess pro for about four decades, he looked forward to going out at meal times during competitions, which provided a relief from the intensity of being bent over a chess board for hours.
30.11 / 02:47
markets Provident Digital Cooper Simulation Schools India to provide powerplant control centre to South African electricity supplier Eskom
Eskom with a Powerplant Control Room simulator to train locals in Eskom's plans to renew and repurpose its power stations across the country, an official has said. The announcement was made on Friday after representatives of a dozen Indian energy companies met Eskom executives on the sidelines of the Urja Matla Energy Conference. The conference was hosted by the Indian Consulate General and the Wits Business School. Harish Kumar, Commercial Representative and Head of Chancery at the Indian Consulate in Johannesburg, said at the meeting that India was ready to help Eskom in renovation and modernisation, equipping them with efficient systems through supercritical and ultra supercritical sets, emission control, and latest technologies in transmission and distribution.
29.11 / 20:29
markets Citi Provident Action Experts reports rights Blood spatter on his prison garb, clothes not washed for weeks: Harvey Weinstein's lawyers claim deplorable condition in jail
Harvey Weinstein has eventually filed a lawsuit against New York City while seeking at least $5 million in damages due to alleged medical negligence and unsanitary conditions while incarcerated at Rikers Island, reported Deadline. According to Deadline, the lawsuit which was submitted during the month of November claims that the city and its correctional facilities have failed to provide adequate medical care for Harvey Weinstein's serious health issues which includes chronic myeloid leukemia and diabetes. His attorney named Imran H. Ansari described that the conditions at Rikers as 'deplorable’ while likening the facility to a ‘gulag’ where inmates are treated poorly. Also Read :Manchester City vs Liverpool live streaming: Prediction, kick off time, where to watch
29.11 / 20:07
markets Provident economy social dance Schools China's aging population fuels 'silver economy' boom, but profits can prove elusive
Many older Chinese are looking beyond traditional care homes, worried about abandonment and quality issues
29.11 / 18:13
COST Provident Harmonic cover Department ‘Tax holiday’: From Christmas trees to Pokémon cards, what it includes
“tax holiday” on dozens of items as a Liberal bill inches closer to becoming law.Bill C-78, titled the “Tax Break for All Canadians Act,” passed in the House of Commons Thursday night, with the help of support from the New Democratic Party.It will now be considered by the Senate and if passed there, will go on to receive royal assent.A two-month break on the goods and services tax or harmonized sales tax will apply on certain groceries, alcoholic beverages and children’s clothing, among other items.This change would take effect on Dec. 14 and end on Feb.
29.11 / 17:15
markets Provident Extreme security country International Security agencies should focus on emerging security challenges along eastern border: Amit Shah
The focus should be on emerging security challenges along the eastern border, immigration and trends in urban policing, Shah was quoted as saying in an official release. The home minister's statement bears significance as India's eastern neighbour Bangladesh has seen unrest following the ouster of its then prime minister Sheikh Hasina and an interim administration taking charge in August.

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