Provident Financial News

11.08 / 10:03

Provident Target Reuters show country Private equity firm CVC bags $4.45 billion so far in sixth Asia-focused fund

private equity firm CVC Capital Partners has raised over $4.45 billion so far for its new Asia-focused fund, its latest regulatory disclosure showed.CVC is targeting to raise $6 billion for the fund, its sixth and largest to date for the region, people familiar with the situation told Reuters. The firm did not disclose when it will finalize the fundraising in the Tuesday filing to the U.S. Securities and Exchange Commission.

11.08 / 10:03

Provident CEO Platform Assurant performer country Ather Energy launches 450S electric scooter at Rs 1.29 lakh

Ather Energy on Friday launched an entry-level electric scooter model 450S in the country priced at Rs 1.29 lakh (ex-showroom Delhi). The Bengaluru-based company also unveiled its existing product range with additional features. The 450S comes with a battery capacity of 2.9 kWh, a range of 115 kilometres and a top speed of 90 km/hour, Ather Energy said in a statement. The existing model, 450X, now comes with the option to choose between 115-km and 145-km range variants priced at Rs 1.37 lakh and Rs 1.44 lakh, respectively, it added.

11.08 / 10:03

UPS Provident How to add, change nominee in PPF account online

Incase you want to add your wife's name or update it with another name, you can do so by filling out the required form, signing it, and submitting it to the bank or post office where your PPF account is being managed. If there are multiple nominees in the account, you must specify the percentage of shares to which each nominee is entitled in the event of the account holder's death. The Form F must be obtained from the bank or post office where the PPF account was opened as the initial step. Complete this form with the accurate information and submit it to the relevant bank or post office. After the form has been submitted, the nomination may be modified.PPF features

11.08 / 10:01

Provident CEO show performer star Mutual funds: Why investors are choosing small caps over large and mid-cap funds — explained

The small-cap Mutual Fund category has given impressive returns. Irrespective of the time horizon of an investor, small-cap mutual funds have grown investors' wealth many-folds. Market experts say that in the long term, this MF category is capable of giving the maximum return on one's money. This is because it moves faster than large-cap, and mid-cap mutual fund plans.

11.08 / 09:58

Provident Digital Platform Remark voice Who is Kalavati and her connection with Rahul Gandhi? What Amit Shah said about her in Parliament

Rahul Gandhi saying, "There is one member in this House who has been launched 13 times in politics. This member failed all 13 times. I have seen one launching when he went to meet a poor lady named Kalavati.

11.08 / 09:58

COST UPS Provident performer track EBITDA Apollo Hospitals Q1 Results: Consolidated profit falls 46% YoY, EBITDA rises 13%; check details

₹173.4 crore for the June quarter of the current financial year (Q1FY24) against a profit of ₹323.9 crore in the same quarter last year. Revenue from operations, however, rose 16.4 per cent YoY to ₹4,417.8 crore against ₹3,795.6 crore in Q1FY23. Consolidated EBITDA excluding 24/7 operating cost and ESOP charge stood at ₹712.9 crore, up 13 per cent YoY, the company said in a BSE filing.

11.08 / 09:58

Blockchain Provident Platform CAT Coherent Celebrity Arbitrage Meet CAT: Cryptocurrency Arbitrage Company Celebrates its 1-Year Anniversary

New Delhi (India), August 11: Blockchain and cryptocurrencies are shaping a new era of economics, and one player has quickly become a game-changer in the crypto arbitrage market within just one year since its creation on August 12, 2022. Meet CAT, short for Crypto Arbitrage Team, offering a safe way for people to make money from crypto arbitrage.

11.08 / 09:58

Provident Booking Strategy Parke Bajaj Finance Records Over 50,000 Cr in Fixed Deposits in July 2023

₹50,000 crores in fixed deposits (FDs) in July 2023, making it country’s largest deposit taking NBFC (non-banking financial company). This is a significant milestone for Bajaj Finance, which has been growing its FD book at a rapid pace in recent years. The company's fixed deposits book has grown by over 46% in the last year, and it now has over 5 lakh depositors.

11.08 / 09:57

Provident AXY Manufacturing NIFTY track index Max Life Insurance launches ‘Max Life NIFTY Smallcap Quality Index Fund’: 5 things to know

Life Insurance Company Ltd. (Max Life) has launched the ‘NIFTY Smallcap Quality Index Fund’ in the ULIP segment. This first Smallcap Index Fund of the Life Insurance industry is based on the NIFTY Smallcap 250 Quality 50 Index that has delivered a 22% 10-year CAGR + "We are launching our first-ever Smallcap Index Fund to offer investors a low-cost value proposition.

11.08 / 09:01

Provident Man NOC country medicines regulatory Import of vital medicines from India allowed: Pakistan's drug regulatory authority

India for their use, a media report said on Friday. The Drug Regulatory Authority of Pakistan (DRAP) said on Thursday that there was no restriction on hospitals or the common man on importing vital medicines (anti-cancer drugs and vaccines) from India for their own use under the Import Policy Order 2022 after obtaining no objection certificate (NOC) from the authority, The News International newspaper reported.

11.08 / 08:57

COST UPS Provident Booking Progressive Parke show services Childcare operator run by ex-Lib candidate forced to close services

An after-school childcare operator forced to shut down 74 services in NSW this year due to unspecified “risks to children” has separately reported an unusually high rate of absences at a Victorian school.

11.08 / 08:57

UPS Provident Target Strategy Oscar cover analysts small-cap Ord Minnett eyes bigger slice of small-cap equities, hires analysts

Ord Minnett wants to cover a greater slice of the small- and mid-cap stock market, and is growing its institutional equities and research team to do it.

11.08 / 08:57

COST Provident Target Progressive Customers TPG Telecom customers plan to switch after losing email accounts

Disgruntled TPG Telecom customers plan to disconnect and move to other broadband providers after being told they would lose access to emails unless they switched to another company that would charge fees for ad-free services.

11.08 / 08:44

UPS Provident UBS Rescue Swiss Takeover UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover

UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis

11.08 / 08:43

UPS Provident Hawaiian show social electronic How to help or donate in response to the deadly wildfire in Maui

Many people are looking for ways to help the response to the deadly wildfires that swept through the Hawaiian island of Maui even as emergency operations continue on Thursday

11.08 / 08:43

Provident CEO Merit Inside 49ers CEO Jed York is being sued over insider trading accusations

San Francisco 49ers chief executive Jed York is being sued over accusations of insider trading related to his role on the board of an online educational company

11.08 / 08:43

UPS Citi Provident Man Airlines Boeing Mexico's army-run airline to take off in September, but the flight attendants won't be soldiers

Mexico has announced its army-run airline will start up in September, but flight attendants won’t be soldiers

11.08 / 08:43

UPS Citi Provident Fried Sam Returns FTX founder Sam Bankman-Fried returns to New York as prosecutors push for his incarceration

FTX founder Sam Bankman-Fried is returning to New York City for a bail hearing

11.08 / 08:43

Provident Manufacturing CEO Southern SunPower Solar Singapore solar company plans major US manufacturing plant in New Mexico, pending federal loan

Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Energy

11.08 / 08:05

UPS Citi Provident UBS Rescue UBS ends state guarantee granted over Credit Suisse rescue

By Noele Illien

11.08 / 07:45

Provident CEO Align Discover show country star Anil Agarwal meets with Ryan Reynolds, discuss Vedanta's flagship program 'Nand Ghar'

Anil Agarwal, the founder and CEO of Vedanta Resources, had an intriguing encounter with Hollywood star Ryan Reynolds. During their meeting, Reynolds showed genuine interest in understanding "Nand Ghar," Vedanta's flagship program aimed at supporting children and women. Agarwal recognized a surprising alignment in their values after their conversation.

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