Provident Financial News
04.08 / 18:19
Provident
Target
Cooper
Action
Assurant
cover
Over 200 arrested, 102 FIRs lodged in Nuh violence: Haryana minister Vij
Haryana Home Minister Anil Vij on Friday said 202 people have been arrested so far and 80 taken into preventive detention in connection with the communal clashes in Nuh. He also said the way bullets were fired from hillocks and stones collected on rooftops of buildings indicates that Nuh violence was pre-planned. In all, police have so far filed 102 FIRs in the matter.
04.08 / 18:19
COST
UPS
Provident
Manufacturing
RAI
electronic
Govt decision on IT hardware to create multi-billion dollar local production capacity: Industry experts
PCs, along with Rs 17,000-crore IT hardware PLI, will create multi-billion dollar local production capacity and import dependency will nosedive in the next 2-3 years, industry players said on Friday. The government has made it mandatory for importers of laptops, tablets and certain types of computers to get a valid licence, with immediate effect for security reasons and to promote domestic manufacturing.
04.08 / 18:15
Provident
Aviat
Airlines
Boeing
electronic
blues
Air cargo in flux after covid, war: Blue Dart
NEW DELHI : The air freight sector is navigating a transition at a time the world is recovering from the covid pandemic and the intensified Russia-Ukraine conflict, Blue Dart Express Ltd managing director Balfour Manuel said. Unpredictable demand from the US and Europe, compounded by domestic disturbances, has posed difficulties for India’s air cargo sector, Manuel said in an interview, adding the company’s outlook remains buoyant for a bounceback in freight volumes. “Air cargo trade from India is facing challenges due to demand fluctuations from the US and Europe, along with certain domestic disruptions.
04.08 / 17:56
Provident
Digital
Google
Platform
Mobile
country
HC dismisses pleas by startups against Google billing policy
NEW DELHI : The Madras High Court on Thursday dismissed 14 of 16 petitions against Alphabet Inc.’s Google for its in-app payment billing policy on the Play Store mobile app marketplace. Responding to appeals by startups such as Bharat Matrimony, audiobook platform Pratilipi, and ed-tech platform Unacademy, the high court ruled that the issue falls under the jurisdiction of the Competition Commission of India (CCI), and as such, any decision taken by the antitrust watchdog will be binding upon all parties.
04.08 / 17:55
UPS
Provident
voice
social
services
Cabinet clears new telecom bill and postal services bill
OTT), internet-based and satellite-based communication services, broadcasting, internet and broadband services within its ambit, which has been red flagged by social media and technology companies in the messaging space as it could lead to regulation of OTT communication apps. The bill is likely to address the issue of regulation of OTTs. While the government has specified that it would engage in light-touch regulation, affected companies are continuing to oppose this proposal.
04.08 / 17:23
UPS
Provident
Digital
Progressive
Kaiser
country
Financial
Lithuanian Financial Intelligence Arm Lists Several Crypto Firms as New AML Violators
The Financial Intelligence Unit (FNTT) of Lithuania has released a new list of anti-money laundering (AML) violators, featuring several crypto service providers in the country.
04.08 / 17:23
IPO
Provident
CEO
track
Fortis board gives nod for diagnostic arm IPO, net profit drops 9% in Q1FY24
Fortis Healthcare board on Friday approved its diagnostic arm Agilus to initiate an initial public offer process, by way of an offer of sale by the latter's existing and eligible shareholders in the IPO. Agilus was earlier called SRL Diagnostics, which was rebranded in May this year. «The actual timing and implementation of the IPO will be subject to the determination of the Company’s and Agilus’s respective boards, after considering the prevailing market conditions and other relevant factors,» Forits said in a statement to stock exchanges.
04.08 / 17:23
COST
Citi
Provident
Examine pending ration card applications for payment of allowance: HC to Delhi Govt
Delhi High Court has directed the city government to conduct a survey of all pending ration card applications to see if the applicants were entitled to receiving an allowance under the food security law.Delhi government counsel, in response to petitions seeking approval of applications for issuance of ration cards, said about three lakh people are in the waiting list to get a ration card. Justice Subramonium Prasad noted that under section 8 of the National Food Security Act, 2013, any person who is entitled to a ration card is also entitled to receive such food security allowance from the state government in terms of the rules and asked the authorities to assess if the petitioners had such entitlement. The food security law provides for monetary allowance to the beneficiaries who don't have a ration card. It is computed on the basis of a formula that takes into account the minimum support price of foodgrains in a particular market season. «It is well settled that if a person comes to a Court and gets a declaration of law in his favour, it is expected that the State shall extend the benefit to all similarly placed persons without them having to approach the Court,» the court said in a recent order.
04.08 / 17:21
04.08 / 17:21
Provident
MET
Fighting
Trump
Trump presidential rival Christie visits Ukraine, meets with Zelenskiy
(Reuters) — Republican presidential candidate Chris Christie visited Ukraine on Friday and met with President Volodymyr Zelenskiy as he underscored strong U.S. support for Kyiv's fight against Russia.
04.08 / 17:10
UPS
Provident
Target
Citizens
Strategy
Matthews
Matthew Lau: Canadian governments are spending us into misery
Two statistics illustrate Canada’s disastrous economic outcomes in recent years and the bleak outlook. First, as Fraser Institute senior fellow and former Statistics Canada chief economic analyst Philip Cross observes in a recent study, Canada’s 10-year average real GDP growth per capita was its lowest since the Great Depression. And it’s not a problem we’ve imported: from the fourth quarter of 2015 to the fourth quarter of last year cumulative growth was about two per cent in Canada versus 12 per cent in the United States.
04.08 / 17:10
UPS
Provident
Lowe's
Target
country
Canada has no plans to decrease immigration amid housing criticism, new minister says
Canada’s new immigration minister said he is open to “having a conversation” on concerns raised by some economists and groups on rising immigration targets amid a housing shortage, but said he still has no plans to lower them in the near future.
04.08 / 17:10
Provident
FIVE
Booking
Canaccord to take restructuring charge after North American job cuts
Canaccord Genuity Group Inc. will take a restructuring charge after it let go of seven per cent of its North American staff, a response to its worst period in years for deal revenue.
04.08 / 16:45
Provident
Binance
Digital
Career
CEO
HSBC
compliance
Binance Appoints New Deputy Chief Compliance Officer and Global Money Laundering Reporting Officer
On Thursday, Binance announced Kristen Hecht as the new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO), a new role amid potential fraud charges from U.S. regulators.
04.08 / 16:13
Provident
Remark
awards
Lawyer
'Rahul Gandhi is still a convict': Modi surname case complainant lawyer Mahesh Jethmalani on SC stay order
ANI that ‘though the Court stayed the conviction today, in the eyes of law he (Rahul Gandhi) is still a convict.’ A three-judge bench of Justices B R Gavai, P S Narasimha and Sanjay Kumar, while granting Gandhi the relief, said no reason was given by the trial court judge while convicting him except that he was admonished by the apex court in a contempt case. “...Today the Court stayed the conviction.
04.08 / 16:13
UPS
Provident
Manufacturing
Entertainment
country
star
From the outside looking in
report about that meeting. And for perspective on why India stands to gain from better relations with Sri Lanka, here's a sharp Snapview. The little else that I have to report back is that the food and tea continue to be sublime.
04.08 / 16:13
UPS
Provident
Platform
track
WhatsApp working on feature to allow users to verify accounts via email: Report
Indian Express on 4 August. Citing a report from WAbetaInfo, a website that tracks WhatsApp updates, IE said that WhatsApp is most likely to allow users to use their email addresses as an alternative login method. As per details, to login to their accounts on a new device, users need to enter their phone numbers and receive a verification code via SMS or phone call.
04.08 / 16:03
Provident
Reuters
Manufacturing
Landmark
awards
show
country
Lobby
US should extend EV tax benefits to Vietnam, says business lobby
By Simon Lewis and David Brunnstrom
04.08 / 16:03
04.08 / 15:55
Provident
Target
FIVE
Parke
film
Actor
star
UK-Ireland Box office prediction: Will Jason Statham’s Meg 2: The Trench beat Barbenheimer?
Oppenheimer have caused at the box office worldwide is disruptive. Hashtag ‘Barbenheimer’, as the two movies that released on July 21 are called together, continues to rule the ticket windows. So, who will even attempt to beat Barbenheimer? Let’s take a look.Meg 2: The Trench, a sequel to the 2018 movie The Meg, releases on August 4, 2023, and will hope to challenge some of the ticket sales of Barbie and Oppenheimer from Friday. Five years ago, The Meg had opened with £3.7 million in early August 2018, ending with total collections of £15.9 million. Actor Jason Statham reprises his role in the sequel to the shark movie. Other cast members include Cliff Curtis, Sienna Guillory, Shuya Sophia Cai, and Skyler Samuels. Meg 2 is predicted to have an opening weekend range from $22 million to$27 million.
04.08 / 15:11
Provident
Target
Coca-Cola
Manufacturing
Apple
performer
track
Holdings
Berkshire Hathaway Earnings: Buffett's Top Holdings Hint Positive Q2 Performance
Warren Buffett and Charlie Munger's legendary investment behemoth Berkshire Hathaway (NYSE: BRKa) (BRKb) is poised to reveal its second-quarter 2023 earnings performance during the upcoming weekend, potentially shaping the overall market performance next Monday.
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