Provident Financial News
27.11 / 04:29
UPS
Provident
Gap
Software
track
blues
Ransomware attack on software supplier disrupts operations for Starbucks and other retailers
A ransomware attack that hit a major software provider last week caused disruptions for a handful of companies over recent days, from Starbucks to U.K. grocery giant Morrisons
27.11 / 04:29
27.11 / 04:29
Provident
Target
economy
CME
wellness
show
Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves
27.11 / 00:05
markets
Provident
CEO
Software
Inside
reports
International
Wipro tasks insider to revive fortunes in its No. 2 market
Subscribe to enjoy similar stories. Wipro Ltd has named a new Europe head as the software services provider looks to revive business in this second biggest market. On Monday evening, India’s fourth largest software services company appointed Omkar Nisal as the chief executive of its Europe business.
27.11 / 00:03
26.11 / 21:39
Provident
Target
Extreme
economy
Remark
Cycling
information
Bank of Canada deputy warns pushing inflation below 2% comes with big risks
The Bank of Canada is warning against inflation falling below the central bank’s two per cent target, which could lead to a deflationary cycle and pose a big risk to the economy.
26.11 / 21:39
Provident
Williams
Courts
CI Financial signs $4.7 billion deal to be taken private by arm of UAE sovereign wealth fund
TORONTO — CI Financial Corp. has signed a deal to be taken private by Mubadala Capital in an agreement valued at $4.7 billion.
26.11 / 18:13
Citi
Provident
Progressive
Waters
CEO
community
Neat neighbourhood, higher property price
Nithin Kamath has proposed a novel idea: linking air and water quality to property rates. Such a correlation-and how this approach could extend the sense of ownership beyond individual properties to neighbourhoods-would actually nudge homeowners and communities to prioritise clean air policies and act against pollution. The Zerodha CEO shared data highlighting the impact of air pollution on public health, also pointing out that while Delhi garners most attention, poor air quality plagues many cities. Kamath's proposal draws inspiration from a long-standing argument made by many economists and environmentalists: to make people value nature and protect it, they must pay for the services it provides, and a nation's progress must account for its natural capital base.
26.11 / 17:27
markets
Provident
Target
Digital
Progressive
Cybercrime
country
Interpol clamps down on cybercrime and arrests over 1,000 suspects in Africa
Interpol says it arrested 1,006 suspects in Africa during a massive two-month operation, clamping down on cybercrime that left tens of thousands of victims, including some who were trafficked, and produced millions in financial damages
26.11 / 16:01
markets
Provident
security
Analysis
Trade
Experts
cover
Sebi modifies interim directions for Axis Capital in merchant banker norms violation case
Sebi on Tuesday modified its interim order prohibiting Axis Capital Ltd from engaging in any transactions in the debt segment that involve providing credit risk cover, guarantees and indemnities for the purchase of pledged shares until further notice. Sebi, in its interim order in September, prohibited Axis Capital from undertaking new assignments as a merchant banker, arranger, or underwriter for debt securities until further notice. The matter pertains to Axis Capital Limited (ACL) allegedly violating Merchant Bankers (MB) Regulations in connection with non-convertible debentures (NCDs) issued by Sojo Infotel Pvt. Ltd.
26.11 / 15:15
COST
Provident
security
Healthcare
President
social
Department
Musk wants $2 trillion of spending cuts. Here’s why that’s hard.
Subscribe to enjoy similar stories. The U.S. federal government spent $6.75 trillion in the most recent fiscal year ended Sept.
26.11 / 14:09
markets
Provident
Strategy
Parke
Experts
track
Features
NCRTC launches live train tracking, parking status features on RRTS Connect App
NCRTC has launched real-time train tracking and live parking status features on its RRTS Connect application, a statement said on Tuesday. The commuters of the Namo Bharat trains can now benefit from these features which will make their travel experience smoother and more efficient, it said. The live train tracking feature offers commuters up-to-the-minute updates on train arrivals, showing the exact status and location of the Namo Bharat trains. This feature also provides information on the next station along with the distance and estimated arrival time, it said.
26.11 / 14:07
UPS
Provident
Waters
Manufacturing
guidelines
Features
These are 6 biggest myths about room heaters that could be wasting your money, plus quick safety tips
Check out oil-filled heaters on AmazonInfrared heaters are often labelled as unsafe, mainly due to their ability to produce intense heat. However, modern infrared heaters are designed with multiple safety features, making them as safe as any other room heater. These include automatic shut-off mechanisms, cool-to-touch exteriors, and tip-over protection.
26.11 / 13:21
markets
Provident
Digital
Gap
Strategy
awards
prevention
Gold loan providers see opportunity as micro loans falter
These lenders are simply taking the advantage of a demand and supply gap created in the credit market ever since microfinance lenders have slowed down loan disbursement to prevent erosion of their asset quality. Muthoot Finance, the country's largest gold loan provider, for instance, has revised its annual growth projection to as high as 25% from a 15% target set earlier in the year as the demand has suddenly surged in the absence of easier availability of collateral free loans.
26.11 / 12:45
Provident
Charity
awards
Indus
country
stars
On the night gallery: Investment Company of the Year Awards 2024
The awards were hosted by presenter Declan Curry and brought together key players from across the investment company sector. Our charity for the evening was RedSTART, which works to provide financial education to transform the life chances of young people across the country. During the awards ceremony, we presented our Rising Star of the Year Award, which this year went to Dominic Woodcock from St James's Place. Meanwhile, this year's Group of the Year Award was presented to J.P. Morgan Asset Management. Finally, the Jackie Beard Award for Outstanding Contribution to the Indus...
26.11 / 12:09
UPS
Provident
Entertainment
Netflix
AMD
performer
Features
Amazon special sale on Samsung monitors: Get up to 45% off on the top picks, offer ends November 28
Best PC monitors: Top 7 options from LG, Samsung, Acer and others for stunning clarity and reliable performanceThe Samsung 27-Inch FHD Curved Monitor merges sophisticated design with immersive visual performance. Its 1800R curved VA panel produces vivid colors and deep contrasts, while the 75Hz refresh rate ensures a seamless experience.
26.11 / 10:33
UPS
Provident
Manufacturing
President
country
Department
Commerce Department to reduce Intel's funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on the condition of anonymity to discuss private convers...
26.11 / 10:13
markets
Provident
Sustainability
wellness
Healthcare
Trade
performer
Why quality investing outshines value over the long term
Subscribe to enjoy similar stories. Investing with a focus on the quality factor involves identifying companies that demonstrate strong financial health, sustainable competitive advantages, and consistent earnings growth. Quality and value are two of the oldest and most widely recognised factors in investing.
26.11 / 10:07
markets
COST
Provident
Digital
WhatsApp
Experts
PAN 2.0 rolled out: What it means for NRIs
PAN 2.0 initiative on 25 November. The government has allocated Rs 1,435 crore for this project, aimed at overhauling the current PAN/TAN system to improve efficiency and taxpayer convenience. At the time of the announcement, Union Minister Ashwini Vaishnaw said that the upgrade of PAN includes adding a QR code. This will be rolled out free of cost to all taxpayers. Non-Resident Indians (NRIs) who are required to file a return of income or intend to enter into an economic or financial transaction where quoting of PAN is mandatory must have this identity proof.
26.11 / 10:07
markets
Provident
Digital
Experts
voice
information
Features
Meesho launches GenAI-powered voice bot to provide 24x7 customer support
Meesho on Tuesday announced the launch of its GenAI-powered voice bot to improve user experience and ensure round-the-clock customer support. The voice bot, which started operating about a month back, is currently available in English and Hindi, and is likely to expand to six additional regional languages — Bengali, Gujarati, Kannada, Marathi, Telugu, and Tamil. Designed to autonomously handle a wide range of customer interactions, the voice bot currently handles about 60,000 calls daily, providing fast and efficient resolutions. With an impressive 95% resolution rate, it significantly reduces the need for human intervention, streamlining support and minimising escalations. «This efficiency has also contributed to a nearly 50% improvement in Average Handle Time (AHT), resulting in quicker and more effective customer service,» a company statement said.
26.11 / 09:33
UPS
Provident
Landmark
performer
reports
Department
Bank guarantee waiver to help Vodafone Idea's debt funding plans, reduce financial burden
Subscribe to enjoy similar stories. Vodafone Idea's plan to raise ₹35,000 crore may get a shot in the arm from the Union Cabinet's decision to waive bank guarantees from telecom operators for airwaves bought in auctions till 2022. The company had indicated earlier this month that the demand for bank guarantees had acted as a deterrent to raising funds.
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