Provident Financial News

24.07 / 13:41

Provident FIVE Digital Manufacturing Platform Software Gilead Deal Cognizant extends partnership with biopharma firm Gilead, estimated deal size at $800 million

biopharmaceutical company Gilead Sciences for an additional five years, including renewal and expansion of Cognizant's services, for a total expected value of $800 million. Under the agreement, the NASDAQ-listed IT firm will manage Gilead’s global IT infrastructure, platforms, applications and advanced analytics, and lead initiatives to accelerate its digital transformation.

24.07 / 13:41

Provident Target Waters Platform country social WTO NOT Civil society, trade experts urge India not to ratify WTO's agreement on fisheries subsidies

India not to ratify the fisheries subsidies agreement agreed upon by the World Trade Organisation members in Geneva last year and instead commence talks for a comprehensive pact.Members of the Geneva-based WTO on June 17, 2022, secured a 'Geneva Package' which included agreements on curbing harmful fishing subsidies and temporary patent waivers for the production of COVID-19 vaccines. The fisheries agreement finalised would prohibit developed countries, engaged in distant water fishing, not to provide subsidies for illegal, unreported and unregulated fishing activities. However, the countries have to negotiate about the other issues of the agreement which include overfishing and overcapacity.

24.07 / 13:27

UPS Provident Target FIVE rights Seacoast Shipping Services’ Rights Issue: New shareholders can apply by acquiring Rights Entitlements

Ahmedabad: Seacoast Shipping Services Limited, a leading single-window logistics services provider headquartered in Ahmedabad, is providing an opportunity for both existing and non-existing shareholders to participate in the company’s growth by applying for shares in its ongoing Rights Issue. The Rights Issue of 20,20,05,000 fully paid-up equity shares commenced on July 21 and will remain open for subscription until August 2. Shareholders holding shares in the company on the record date of July 13 are entitled to three rights shares for every five shares held by them.

24.07 / 13:27

COST UPS Provident Waters Aware 500 Delhi government to install 500 water ATMs near slums, densely populated areas: Arvind Kejriwal

Delhi government has planned to install 500 water ATMs to provide drinking water treated using the Reverse Osmosis (RO) process to people in slums and other such densely populated areas, Chief Minister Arvind Kejriwal said on Monday. The chief minister, who inspected an RO plant and inaugurated a water ATM at Khajan Basti in the Mayapuri area, said four water ATMs have been installed and 500 are planned in the first phase. Every person will be provided with a card which will let them draw 20 litres of water per day from these ATMs free of cost, he said.

24.07 / 13:27

Provident Reuters Southern Deal Russian wheat export prices jump after Black Sea grain deal suspended

Russian wheat export prices jumped last week along with global prices after Russia's withdrawal from the Black Sea grain deal and amid restrictions on navigation in the Kerch Strait, analysts said. Last Monday Russia pulled out of the U.N.-backed deal that allowed the safe Black Sea export of Ukraine's grain, after saying for months that conditions for its extension had not been fulfilled. The passage of cargo ships through the Kerch Strait was closed from July 16 to 20, sources told Reuters.

24.07 / 13:27

Provident Platform Remark track country beautiful Inside De-licious insider scoop: These unicorn founders reveal the real investor-founder dynamic at Bertelsmann’s Brunch Labs

To demystify these secrets, Brunch Labs, a video series, brought to life by Bertelsmann India Investments (BII), a sector-agnostic venture capital fund that has proven to be a strong pillar for mentoring growth-stage companies into unicorns. In the past decade, BII has invested in category-defining companies including Eruditus, Licious, Shiprocket, Pepperfry, AgroStar, Bijak, Skeps and Vymo, among others. BII focuses on early growth-stage investments (Series A to D) in tech-driven startups.

24.07 / 13:15

Provident Digital show Most tax filers report zero income tax liability

New Delhi: Around 70% of people who filed income tax returns in FY23 reported no tax liability, data presented to the Parliament by finance minister Nirmala Sitharaman in a written response to a question showed. In FY23, 74 million persons filed income tax returns but 51.6 million reported zero tax liability, showed the data.

24.07 / 13:15

UPS Provident Software BMW performer 2024 BMW i5 set to launch in India by 2024: What we know so far

electric vehicle segment. With its global introduction, the pure electric version of the new BMW 5 Series sedan is eagerly anticipated to hit the Indian market next year. The much-anticipated EV has already commenced production at BMW's renowned plant in Dinglfing, Germany – the automaker's largest European production facility. BMW positions the midsize electric sedan, the i5, between the i4 and i7 models in its all-electric lineup.

24.07 / 13:13

UPS Provident Target Gap RBC performer ZoomInfo sinks as RBC downgrades on GenAI worries

Shares of ZoomInfo Technologies (NASDAQ:ZI) fell more than 3.7% in pre-open trading Monday after RBC Capital downgraded the stock citing GenAI and intensifying competition.

24.07 / 13:07

UPS Citi Provident Target Digital country Sam Sam Altman's Worldcoin project launches

OpenAI's Altman and Worldcoin co-founders Alex Blania and Max Novendstern, say that 4.4 billion people lack a legal, digitally-verifiable identity, hindering their ability to access the global economy and things like government aid, financial services and healthcare. Worldcoin has set itself the ambitious target of creating "universal access to the global economy regardless of country or background" and enabling "global democratic processes" in the age of AI.

24.07 / 12:47

Provident Art BMW Sony Celebrity Lexus How automobiles inspired artists to design their works on canvas

on the iconic Red Bull RB14. Cox is among a constellation of cartists like Andy Warhol, Banksy, Roy Lichtenstein and JonOne who have made automobiles a canvas for their work.

24.07 / 12:47

COST UPS Provident Action show performer week Commodities Week Ahead: Oil in Sleepwalk Mode, Awaiting Fed

The three-day comatose mode for markets ahead of the Federal Reserve’s rate decision is on, with oil prices barely moving Monday amid debate on what the central bank would say about — rather than immediately do — with rates when it meets Wednesday.

24.07 / 12:47

Provident Citizens Telegram USDT performer country star 15,000 Indians cheated of Rs 712 crore: How Chinese fraudsters lured victims into fake schemes

Hyderabad police has arrested nine people across the country in connection with an investment fraud of Rs 712 crore by Chinese operators. According to the cyber crime wing of Hyderabad Police, the gang has cheated an estimated 15,000 people to the tune of Rs 712 crore. The fraudsters used to lure gullible investors through fake investment apps and schemes and later laundered money to China via Dubai after converting rupee to crypto, according to the police.

24.07 / 12:37

Provident Aviat Career Gap Kingsview Partners expands on Texas Panhandle with $600M Edward Jones advisors

Kingsview Partners has enticed advisors from Edward Jones to open two new offices on the Texas Panhandle in the past two months.

24.07 / 12:34

Provident Twitter CEO Platform social blues elon Elon Musk bids adieu to Twitter; here's what X offers to subscribers…

Elon Musk has officially rebranded the microblogging platform he owns. Formerly known as Twitter, the platform has now been unveiled as "X." This development comes as no surprise, as Musk had previously engaged his followers by requesting them to design mockups for the new logo. He promised to select a "good enough" design to be adopted globally, and he has now fulfilled that commitment. As evident by the appearance of the X affiliate badge alongside the blue tick on Musk's profile, the change has been implemented and Twitter is now officially recognized as X.

24.07 / 12:33

UPS Provident country National Govt tables Nursing and Midwifery Commission Bill, National Dental Commission Bill in Parliament

New Delhi: The central government on Monday introduced the National Nursing and Midwifery Commission Bill, 2023, and the National Dental Commission Bill, 2023, in Lok Sabha. The National Nursing and Midwifery Commission Bill aims to set up National Nursing and Midwifery Commission (NNMC), and will repeal the Indian Nursing Council Act, 1947, to streamline nursing education in India.

24.07 / 12:33

IPO Provident FIVE Manufacturing band Yasons Chemex Care IPO opens: GMP, subscription status, and other key details

₹40 per equity share and the share will be listed on the NSE SME exchange Thursday, August 3. The Yasons Chemex Care IPO, which is worth ₹20.57 crore, is completely a fresh issue; there is no offer for sale (OFS) component. The fresh funds through the IPO will be put to use for general corporate needs and for the company's working capital requirements.

24.07 / 12:23

Provident Deal Directed banks to "sensitively" deal with loan collections, says Nirmala Sitharaman in Lok Sabha

Nirmala Sitharaman informed Parliament on Monday that instructions were given to banks, asking them to deal with sensitivity. «I have heard complaints how very mercilessly the paying back has been followed by some banks whether they are public sector banks or private sector banks,» Sitharaman said in Lok Sabha during the Question Hour. «The government has through the RBI also instruct(ed) such banks (that) such harsh steps should not be taken and they should approach this whole matter with humanity and sensitivity in mind.

24.07 / 12:23

Provident social pension Portal Process of applying for higher pension on unified portal simple, easy to understand: MoS Rameswar Teli

higher pension on the unified portal of EPFO is «simple and easy to understand» and as per the Supreme Court's order last year, Parliament was informed on Monday amid the criticism of unfeasible requirements on the portal. Following the Supreme Court order in November 2022, the Employees' Provident Fund Organisation (EPFO) had given option to subscribers and their employers to jointly opt for higher contributions as per the actual basic wages (higher than threshold of Rs 15,000 per month) on the unified portal.

24.07 / 11:45

UPS Provident Target Ripple XRP Platform Stellar Price Prediction as XLM Pumps Up 15% – Here's the Next XLM Target

The price of Stellar (XLM) has dropped by 4.5% in the past 24 hours, sliding to $0.148076 following a 1.5% fall for the cryptocurrency market as a whole.

24.07 / 11:11