Provident Financial News

09.08 / 02:25
Provident country India’s first bank to provide 24x7 video banking service. Check details
Savings Account, Current Accounts,s and Credit Card relationships; getting all service-related resolutions; financial transactions; and end-to-end relationship management, drawing in a dedicated cohort of Lakhs of active users. Bolstered by an unwavering commitment to excellence, AU Small Finance Bank continuously augments and enriches its offerings, extending a multitude of benefits to its esteemed clientele.
09.08 / 02:25
COST Provident Income tax: Taxation of shares and fractional shares received on the merger
HDFC Bank, I am entitled to some fractional shares of HDFC Bank Limited. When and how the transaction will get taxed? How do I report fractional entitlement in Schedule 112A of ITR which does not accept fractional quantities of shares? As per the provisions of Section 47 of the Income Tax Act, allotment of shares on the merger of two companies is not treated as a transfer and therefore there are no tax implications in respect of shares of HDFC Bank Ltd. allotted to you in respect of shares held by you in HDFC Ltd.
09.08 / 01:33
UPS Provident Aware star Northern Star warns WA against mint sell-off
Kalgoorlie | Northern Star Resources has lambasted moves to privatise The Perth Mint as the WA taxpayer-owned entity is hobbled by a series of scandals and poor financial returns.
09.08 / 01:33
Provident Airlines Chase show exclusive TPG snares funerals group InvoCare in $1.8b win for private equity
Private equity group TPG has won out in its five-month pursuit of InvoCare, after the board of Australia’s biggest funerals and crematoria operator endorsed a trimmed back offer of $1.8 billion.
09.08 / 01:25
UPS Provident Target Reuters exclusive Australia's InvoCare agrees to revised $1.2 billion buyout offer from TPG
(Reuters) -Australia's InvoCare Ltd said on Wednesday it has agreed to a lower takeover offer from U.S. private-equity firm TPG Global, valuing the funeral service provider at A$1.8 billion ($1.18 billion) following exclusive due diligence.
09.08 / 01:11
UPS Provident Target Enterprise NIFTY SENSEX Day trading guide for today: Six buy or sell stocks for Wednesday —August 9
Day trading guide for today: Domestic equity benchmarks Sensex and Nifty ended lower during Tuesday’s session on weak global cues, even as the second-rung midcap and smallcap indices scored gains during the session. China's weak economic data weighed on the overall sentiment in a sign of sluggish post-COVID recovery. Sensex opened 95 points higher at 66,048.81 against the previous close of 65,953.48 but failed to hold altitude, falling about 201 points to hit the intraday low of 65,752.63.
09.08 / 00:47
COST UPS Provident Digital Citizens country Operations cost may go up for global firms under new data regime
The Digital Personal Data Protection (DPDP) Bill, which was passed in the Lok Sabha on Monday, provides for an easy cross-border movement and processing of personal data in all geographies, except those barred by the government from time to time. The bill, however, also stipulates that this provision shall not restrict any other laws which mandate and provide “for a higher degree of protection for or restriction” on the transfer of personal data outside India by a data fiduciary. The sectoral laws by various regulators will supersede the provisions of the DPDP Bill when it comes to mandates for data localisation, a senior government official told ET.
09.08 / 00:05
UPS Provident Target Progressive NMC country cover Australian Australian firms could suffer under Albanese carbon policy: Glencore
Glencore chief executive Gary Nagle says the Albanese government’s new carbon policy is progressive by global standards and could do Australia more harm than good.
08.08 / 23:37
Provident CEO Action Exodus WeWork raises going-concern doubt, shares tank
(Reuters) -WeWork Inc on Tuesday raised «substantial» doubt about its ability to continue as a going concern and said three board members had stepped down, sending its shares down 27% in extended trading.
08.08 / 22:39
Provident Strategy Align Celebrity track Trump Vave Celebrates Partnership with Snooker Legend Judd Trump
Trump brings his "Ace in the Pack" spirit to Vave, one of the fastest-growing crypto brands, promising an exciting collaboration.
08.08 / 21:59
Provident Digital band performer exclusive Trai recommends creation of new category of license for digital connectivity infra providers
New Delhi: The Telecom Regulatory Authority of India has recommended creation of a new category of license called the Digital Connectivity Infrastructure Provider (DCIP) which will be allowed to create active as well as passive digital connectivity infrastructure. The license category will be an authorisation under the unified license and would not be levied any license fees, but a one-time entry fee of ₹2 lakh and processing fee at ₹15,000 will be charged.
08.08 / 21:33
UPS Provident Booking Progressive Patrick Fulton Time NOT Tim Hortons quarterly sales hit $2 billion for first time, but franchisee profits not where they need to be, exec says
Tim Hortons’ global quarterly sales surpassed US$2 billion for the first time in its history, but the coffee chain’s parent company said its franchisees’ profits still aren’t good enough.
08.08 / 21:33
UPS Provident Target Manufacturing Glacier trudeau pricing Trudeau urged to move quickly on carbon pricing backstop or risk climate capital investment
Business and environmental groups are pushing Prime Minister Justin Trudeau’s government to quickly enact a program to guarantee carbon pricing revenue, or else lose out on the investments needed to reach Canada’s climate goals.
08.08 / 21:17
Provident Disney Entertainment ESPN Deal Disney's ESPN, Penn Entertainment ink $1.5 billion deal to launch sports betting business
(Reuters) — Walt Disney (NYSE:DIS)'s ESPN and PENN Entertainment have partnered to launch a sports betting business under the brand ESPN Bet, the two companies said on Tuesday.
08.08 / 20:41
Provident Digital Career CEO Strategy Align BNI RIA with $3.1B leaving Schwab’s custodian for Axos
As Charles Schwab nears the completion of its merger with TD Ameritrade, a large registered investment advisor is instead moving to another custodian.
08.08 / 20:35
Provident Digital Platform DISH NXT TRAI seeks views on regulating DD Free Dish
TRAI) has kicked off a consultation exercise on issues related to the TV broadcasting sector, in which it has also asked the stakeholders if DD Free Dish, the free direct-to-home (DTH) platform owned by Prasar Bharati, needs to be brought under the regulatory framework. The regulator has asked the TV broadcast industry to give their views on upgrading DD Free Dish to an addressable platform. The TRAI has also requested input from stakeholders about the migration process for DD Free Dish to become an addressable platform as well as the timeline for implementing the proposed migration plan. Currently, DD Free Dish is a non-addressable platform as the majority of the set-top boxes (STBs) through which its service is accessed are unencrypted. The TRAI's tariff and regulations don't apply to DD Free Dish since it is a free platform. The distribution platform operators (DPOs) have been lobbying for years with the government to regulate DD Free Dish, which has become a distribution giant and is estimated to reach over 40 million TV homes.During the recent auction, Prasar Bharati earned over Rs 1000 crore in annual carriage fees from the sale of 65 slots of DD Free Dish to the broadcasters.
08.08 / 19:19
UPS Provident letter Hancock letter reveals mining magnate sought to avoid heir dispute
Mining magnate Lang Hancock wrote to the family of his business partner Peter Wright prophetically stating he wanted a clean division of their partnership’s assets to avoid “grey areas for our respective heirs to argue about”.
08.08 / 18:59
UPS Provident track PLI 2.0 in works for steel, to focus on import substitution
performance-linked incentive (PLI) programme for the steel sector, focused on import substitution. «The steel ministry is likely to come up with PLI-2 which will further take care of the requirements of the Indian Railways and various other segments,» steel secretary Nagendra Nath Sinha told ET.
08.08 / 18:53
Blockchain Provident privacy Platform Action KYC Bitcoin compliance Identity Verification in Crypto: Addressing the Clash Between Blockchain Anonymity and KYC Compliance
Financial privacy and anonymity online have been among the key principles of blockchains since Satoshi Nakamoto first unveiled the Bitcoin white paper, but recent actions from regulators have put this principle under pressure.
08.08 / 18:29
Provident country WTO India, US mutually resolve 2 trade disputes: WTO
World Trade Organization (WTO) on Tuesday said that two separate dispute settlement panels have stated that India and the US have mutually resolved disputes with regard to certain measures on steel and aluminium products, and additional duties on certain products from the US. On July 13, the two countries notified that they had reached a mutually agreed solution to the matters raised in the two disputes.
08.08 / 18:29
Provident Infinity Moss services Financial CCI clears proposed acquisition of HDFC Credila Financial Services
CCI on Tuesday cleared the proposed purchase of 90 per cent equity stake in HDFC Credila Financial Services by a private equity consortium of BPEA EQT and ChrysCapital. The buyers are Kopvoorn, part of the BPEA EQT group, and three ChrysCapital group entities — Moss Investments, Infinity Partners and Defati Investments Holding.

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