Provident Financial News

A wealth advisor who started his firm when he was just out of college is looking ahead to the next phase of his business’ evolution.

Wealth management technology company InvestCloud is rebuilding its executive leadership team after a spring shakeup.

automobile industry is expected to log a 17 per cent year-on-year revenue growth in the June quarter of FY24, a report said on Tuesday. This estimated growth will be led by healthy growth across segments, barring muted growth in battery companies, brokerage firm Emkay Global said in its report.

Attitudist, a direct to consumer (D2C) footwear brand, aims to generate Rs 100 crore in annual sales by 2025, helped by surging demand for handcrafted vegan products. The company, launched during the peak pandemic period in July 2020, clocked Rs 25 crore in two years after operations, and sources products from small handcrafted manufacturers.

Manipur government will start capturing biographic and biometric details of illegal immigrants as the situation becomes normal in the state. Manipur has been caught in a series of ethnic strife since May 3. Earlier the government of India has asked the government of Manipur and Mizoram to carry out the exercise and warp the same by September this year.

Manipur police on Tuesday stated the situation is normal in most districts, however, in some places the situation is a bit tense with sporadic incident of firing and congregation of unruly mob during the last 24 hours.State Police and Central forces conducted search operation in both Hill and Valley Districts and two bunkers were destroyed. A total of six arms were recovered from Imphal East District.

It is impossible to consider the ordinary course of affairs in the United States without perceiving that the desire to be re-elected is the chief aim of the President... and that especially as [this election] approaches, his personal interest takes the place of his interest in the public good," observed Alexis de Tocqueville in his classic Democracy in America.

Data protection is a cross-cutting legal regime. Since it applies to every entity that collects and processes personal data, its principles tend to superimpose themselves on top of other legislative frameworks—increasingly so, as more and more businesses go digital. The unavoidable outcome of all of this is that traditional regulators are beginning to engage with data protection issues in ways that they previously never had cause to.

India was internally reorganized when the system of linguistic states was created in the first two decades after Independence. B.R. Ambedkar gave a succinct summary of the underlying principles: every state would have one dominant language, but every linguistic group need not be consolidated into a single state, which is why there are multiple Hindi-speaking states or why we have two Telugu states today.

Check out the companies making headlines in midday trading.

Arvind Kejriwal government in the national capital to help them tide over the crisis. Kiran, in her mid-30s, whose family had a small farm in the floodplain, said, all of it got destroyed in the flooding, and her family members had to rush out to safety in the early hours of Tuesday, reported PTI. "All our vegetables have been destroyed in the flooding.

India’s stock market regulator was drawn into an unseemly swirl of suspicions raised by US-based Hindenburg’s report of 24 January that alleged the Adani Group was a “corporate con" while accusing it of share-price manipulation for dubious gains, among other things, all flatly denied by Adani. The Securities and Exchange Board of India (Sebi) recently proposed tighter ownership disclosure norms for foreign portfolio investors (FPIs), calibrated by risks entailed by concentrated holdings in very few firms—as some FPIs have had in Adani companies, placing them in the eye of this storm.

₹1.97 trillion, Industrial Corridor Development Programme and National Logistics Policy, among others, have been successful in achieving their respective goals. The fact that rapid growth in services preceded quick expansion of India’s manufacturing sector, unlike what tends to be the case in most other countries, is an oft-repeated observation. Given this scenario, India’s vigorous manufacturing push is timely and well needed.

Each year, the amount of data generated across the globe is growing exponentially. From the explosion in the use of digital tools in the workplace to the ever-growing use of Internet of Things devices, social media, online gaming, e-commerce and other digital platforms, each day sees the creation of a massive amount of data that needs to be stored securely and efficiently. 

The Kuno National Park in Madhya Pradesh witnessed the death of another cheetah, the seventh casualty in the span of just three months. The forest officials saw injuries on the neck of the male cheetah who was then sedated for the treatment, succumbed to the injuries. The department is probing the cause of injuries.

The chief executive officer (CEO) and the managing director (MD) of Bengaluru based Aeronics Internet Company were murdered allegedly by a former employee of the firm on Tuesday The deceased have been identified as Phanindra Subramanya, MD and Vinu Kumar, CEO of the private company, the Bengaluru police said. Aeronics Internet is an internet service provider company.  The incident occurred at a residence on the 6th cross of Pampa extension in Amruthahalli, north Bengaluru, the police said.

Solar Energy Corporation of India (SECI) has floated a tender for setting up a production facility of 4.5 lakh tonne of green hydrogen in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme. SECI is a Government of India enterprise under the administrative control of Ministry of New & Renewable Energy (MNRE). It is a nodal agency for implementing various schemes for renewable energy in the country.

Bloomberg reported quoting people aware of the matter. Adani Group may face intense competition for Vidarbha Industries Power Ltd which operates 600-megawatt generation facilities in central India, the report added. Adani Group's successful bid for the power plant would add to its expanding portfolio of coal power projects.

TISS and Dayalbagh Educational Institute, will now be appointed by the central government and not their sponsoring trusts or societies, officials said. The change in appointments comes following new norms notified by the University Grants Commission (UGC) called the UGC (Institutions Deemed to be Universities) Regulations. According to the new regulations, heads of deemed universities that receive 50 per cent more funds from the government than their own annual earnings will be appointed by the Centre. The first set of these regulations was notified in 2010, which was revised in 2016 and 2019. In rest of the cases, the vice chancellors shall be appointed by the chancellor from a panel of three names suggested by a search-cum-selection committee. The move, however, has been questioned by Congress leader Jairam Ramesh who raised apprehensions about the autonomy of these institutions.

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Red Hot Chili Peppers, Ms. Lauryn Hill and Megan Thee Stallion will headline this year’s Global Citizen Festival, as the anti-poverty nonprofit looks to focus attention on increasing inequality for girls and young women around the world