Provident Financial News

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PwC Australia provided Google confidential information about the start date of a new tax law leaked from Australian government tax briefings, according to two sources familiar with the matter. This is the first time a company has been directly linked to the national scandal involving the «big four» accounting firm that was first revealed in January. PwC is under fire because several years ago a former partner, Peter Collins, who advised the Australian government on anti-tax avoidance laws shared confidential drafts with colleagues about the government's plans that were then used to drum up business with multinational companies.

Certification to the Antibiotic Manufacturing Standard will be a clear sign that manufacturers in the global antibiotic supply chain are taking necessary steps to ensure antibiotics are made responsibly, helping to minimize the risk of releasing antibiotic waste emissions into the environment.This follows the publication of the globally applicable industry standard in June 2022. The standard was facilitated by BSI for the AMR Industry Alliance, an organization made up of over 100 companies and associations from across the life-sciences industry with the shared goal of providing sustainable solutions to curb AMR.The new certification, developed by BSI to support the Standard, will offer independent third-party verification that waste streams containing antibiotic active pharmaceutical ingredient (API) and drug products are appropriately controlled during manufacturing by pharmaceutical companies.

Mufin Green Finance will trade ex-bonus on Friday after announcing a bonus issue to equity investors in the proportion of 2:1. For every share investors hold, they will get additional two bonus shares as proposed by the company. The bonus issue from the company came just a month after the stock split in the proportion of 1:2.

cryptocurrency exchanges, and its founder, Changpeng Zhao, for illegal activities have put commoners’ and businesses’ thinking about the legitimacy and security that was initially promised by cryptocurrencies, non-fungible tokens (NFT) and virtual asset service providers (VASP). Cryptocurrency is a modern-day juggernaut. Its global market was valued at $2,191.25 million in 2022 in the Cryptocurrency Market Report by Polaris Market Research, with an expected Compound Annual Growth Rate (CAGR) of 11.6 per cent from 2023 to 2032.

Insurance giant IAG’s staff raised doubts internally about a discounting algorithm six years before the board heard of the problems that the business was having in pricing premiums, which have since cost it more than $500 million.

A dispute between two ex-KPMG partners who advised NSW government officials over a controversial transport entity has gone public, after one accused the other of using a federal parliamentary inquiry to take “revenge” on her by making a submission full of “unfounded assertions”.

Genus Power Infrastructures Ltd (Genus Power) experienced a significant surge on Wednesday's trading session. The small-cap stock has hit a 20% upper circuit on BSE.

India, July 5, 2023: Goa, known for its picturesque landscapes and vibrant culture, has become the latest addition to the Housewise family as the property management startup extends its operations to this popular tourist destination. With a successful launch in Pune and Bengaluru back in 2017, Housewise has steadily expanded its presence to several major cities across India, including Hyderabad, Chennai, Delhi, Noida, Gurugram, Mumbai, Thane, Ahmedabad, Kolkata, and now Goa.

New Delhi: Godrej Consumer Products Limited (GCPL) reported double-digit volume growth in its India business in the June quarter with double-digit volume growth recorded in home care segment and higher than mid-single digit volume growth in personal care, the company said in its quarterly update on Wednesday. The update provides a summary of the company’s operating performance and demand trends during the quarter ended June 30, 2023. GCPL is yet to announce its 1Q FY24 financial results.

National Highway 29 in Chumoukedima district, Nagaland, two lives were tragically lost as massive boulders cascaded down a hillside, obliterating two cars. Three individuals also sustained severe injuries during the calamity which transpired around 5 pm this evening. But the victims' identities are not known at this time.

Ahluwalia Contracts, Anand Rathi Wealth, and Angel One, among others, as these companies soared to new heights. The data was sourced from BSE at 3 pm, and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.1. Ahluwalia Contracts Ahluwalia Contracts hit a new 52-week high of Rs 682.3 on July 5.

Proxgy, a leading IoT (Internet of Things) technology start-up from India, has forayed into the Fintech space with the launch of its latest product line named AudioCube, a multi-lingual payment alert audio mechanism with ad network integration for merchants and retailers, that acts as a real time transaction settlement system irrespective of the payment gateway.

In order to widen the reach of Mahila Samman Savings Certificate (MSSC), the ministry of finance has now permitted public and private sector banks to implement and operationalise it. The one-time scheme for women, which is available for subscription in post offices, has a fixed tenure of two years and the maximum amount of investment is `2 lakh. The interest rate offered on MSSC is 7.5% per annum, compounded quarterly. As a result, the effective interest rate is 7.7%, which is much higher than most bank fixed deposits and even post office time deposits of similar tenure. An investor can apply for the scheme on or before March 31, 2025.

Investing in real estate has long been recognized as a stable and profitable venture. Among the various options available, plotted developments have emerged as an increasingly popular choice for investors seeking lucrative and high-potential returns.

In the present scenario, people search for a developed housing society as they desire a quiet, comfortable and serene environment to have a luxurious yet carefree living experience. Choosing an ideal housing society that is reputable, trustworthy and provides an exclusive lifestyle could be a daunting task. Everyone aspires to live in an ideal housing society as it plays a vital role in shaping the quality of life, provides comfort and is also responsible for the overall well-being of residents.

In recent years, India has made significant strides in expanding its influence in Africa, emerging as the second-largest provider of credit to the continent. With a focus on infrastructure development, healthcare, and other key sectors, India’s efforts aim to catch up with China, which has long been a dominant player in Africa.

Saving money is important for financial security and freedom, but the key thing is to know the purpose of your saving and how do you want to cater to your goals. It is not advisable to focus on just one thing or goal. You must look at your life span and break your investments to ensure you have sufficient funds for every phase of your life. Let us focus on short-term savings and understand how we can do it.

Bitcoin, the leading cryptocurrency, is currently trading at $30,869, experiencing a 1.10% decrease on Wednesday. 

Narendra Modi will flag off two Vande Bharat Express trains from Gorakhpur city of Uttar Pradesh on 7 July. This inauguration will be part of PM Modi's two-day visit of four states. The two Vande Bharat train that will be inaugurated will be Gorakhpur-Lucknow Vande Bharat Express and Jodhpur-Sabarmati Vande Bharat Express.

Rupal Shah Hollenbeck, President at Check Point Software Technologies, a leading provider of cyber security solutions to governments and enterprises globally. In an exclusive interview to ET’s Rica Bhattacharyya, Hollenbeck, talks about the increasing importance of cyber security in the post pandemic world that calls for a much closer attention to the user and remote access. She also talks about the greater emphasis on cyber security among top Indian corporations and boardrooms.