Provident Financial News

03.07 / 17:43
COST Provident Aware Assurant Costs Will my office policy cover maternity costs?
My husband and I both have a ₹10 lakh medical cover provided by our employers. I am pregnant and would like to know the amount that we can claim towards our hospital expenses for the delivery. Can we combine the covers from both the healthcare policies and get cashless facilities for both? —Name withheld on request Typically, group health insurance policies offered by employers carry a sub-limit for maternity delivery claims.
03.07 / 17:39
Provident Booking Enterprise QIC in $1.6bn green loan for smart metering acquisition, capex
All the pieces have fallen into place at Vector Metering, the smart metering play now half-owned by Queensland Investment Corporation.
03.07 / 16:51
UPS Provident Microsoft Platform Software Enterprise generative AI FOMO on Generative AI Breathes Life Into Listless Tech M&A
Booming demand for generative artificial intelligence is beginning to drive startup acquisitions in that space, as large technology providers vie for a piece of a suddenly captivating market. But the upswing could also help rekindle merger-and-acquisition business across the startup universe, analysts say.
03.07 / 16:51
Provident Aviat Mobile Enterprise Highways HANS Pawan Hans sale spiked after adverse court rulings surface
Mint had reported in February, and April, that the government found that a partner of the winning bidder consortium had adverse rulings issued by the National Company Law Tribunal’s Kolkata bench against it in another matter and that it had issued a show cause notice to the company concerned. Also, that the government intended to scrap the disinvestment process altogether.
03.07 / 16:51
UPS Provident Waters SUN Gap Sony To Beat the Heat, Personal Cooling That You Can Take With You
Some office workers in Tokyo and Hong Kong have a hidden weapon against blistering summer temperatures. Slipped discreetly into a pocket in the collar of special business shirts, Sony’s Reon Pocket 4 device rests a cool metal pad against the back of the neck.
03.07 / 16:51
Provident Remark BJP MP Sushil Modi advocates keeping tribals of northeast out of UCC ambit, says ‘all laws have exceptions’
Lok Sabha Elections, scheduled to be held in 2024.  Notably, the recommendations also come at a time when the incidences of violence refuses to die down in strife torn Manipur. Sushil Modi recommended that ‘tribals from North-east’ should be kept out of the ambit of UCC.  Last month, the law commission issued a public notice inviting views from the various stakeholders on the UCC under the "Review of Personal Laws" subject.
03.07 / 16:51
UPS Provident MET Citizens Gap NOT Right-based healthcare will not work without the infrastructure
Economic Survey 2022). This shows that the real issue is a demand-supply mismatch. One of the main reasons why healthcare has always been a longstanding issue is India’s lack of infrastructure capacity, both at the physical and human resource levels.
03.07 / 16:51
Provident Aviat Mobile Enterprise Highways HANS Govt scraps strategic disinvestment of Pawan Hans
New Delhi: The government Monday scrapped the strategic disinvestment of Pawan Hans Ltd, a public sector enterprise under the ministry of civil aviation, after it disqualified the successful bidder Star 9 Mobility Pvt Ltd on grounds of one of its consortium partners of being embroiled in a separate legal case where adverse rulings have been issued by the company law tribunal.  Mint had reported in February, and April, that the government found that a partner of the winning bidder consortium had adverse rulings issued by the National Company Law Tribunal's Kolkata bench against it in another matter and that it had issued a show cause notice to the company concerned. Also, that the government intended to scrap the disinvestment process altogether.   "Government has decided that successful bidding consortium M/s Star 9 Mobility Pvt Ltd is disqualified from the process of strategic disinvestment of Pawan Hans Ltd in terms of provisions of PIM and RFP," the department of investment and public asset management (DIPAM) said in a statement Monday.
03.07 / 16:51
Provident FIVE Action Compilation LG VK Saxena terminates 400 ‘specialists’ working in Delhi govt’s various departments
New Delhi: Lt Governor V K Saxena has terminated the services of around 400 'specialists' appointed by the AAP government in different departments, officials said on Monday, a decision that could trigger a fresh round of confrontation between the ruling party and the LG. They were engaged in a "non-transparent manner" and without the mandatory approvals of the competent authority, the LG office said in a statement while alleging several irregularities in the recruitment process.
03.07 / 16:05
Provident Waters What is water cremation?
Funeralcare has come out with a plan to offer its customers water cremation or resomation. It is quite popular in the U.S., Canada, and South Africa. South African archbishop and Nobel Laureate for Peace, Desmond Tutu was resomated. Now a U.K. provider has floated this idea in Britain.
03.07 / 16:05
Citi Provident Waters Power Torrent Power implementing green hydrogen pilot for blending in CGD
Torrent Power on Monday said it has started work on a Green Hydrogen pilot project for blending with natural gas in the city gas distribution (CGD) network. The pilot project, based on Alkaline Electrolyzer and expected to complete in 8 months, will blend ~2.5% GH2 into CGD network, marking an important milestone in the company's foray into GH2 business in India.
03.07 / 16:01
Provident BABA Centre PM to inaugurate Sai Hira Global Convention Centre in Puttaparthi on 4 July
New Delhi: Prime Minister Narendra Modi will inaugurate the Sai Hira Global Convention Centre in Puttaparthi, Andhra Pradesh on 4 July at 10:30 AM via video conferencing, the prime minister’s office said in a statement.  The inauguration ceremony will witness the presence of prominent dignitaries and devotees from around the world.
03.07 / 16:01
Provident Progressive Platform Mobile services RAPIDX, India’s first regional train service, to start services this month: Report
₹30,274 crore. Asian Development Bank (ADB), Asia Infrastructure Investment Bank (AIIB), and New Development Bank (NDB) are co- financing in the project.  RAPIDX will have a dedicated women’s coach on every train. "Moving in the direction to Meerut from Delhi, the second coach of the train set, i.e.
03.07 / 16:01
Provident Aviat Progressive Manufacturing Fighting Assurant Govt is committed to quality assurance in military aviation: Defence Secretary
New Delhi: The Central government is committed to ensure Quality Assurance (QA) in military aviation and taking appropriate measures to remove obstacles in indigenization of Defence manufacturing industry, defence secretary Giridhar Aramane said on Monday. Delivering keynote address at Workshop on “QA Reforms in Military Aviation for Promoting Indigenous R&D and Manufacturing," held in New Delhi, he added that the country is progressing in line with PM’s vision of Aatmnirbharata in defence.  “It is a challenge but systems are being put in place and measures are being taken to achieve it," he said.
03.07 / 16:01
COST UPS Provident Ford Tesla Tesla Gears Up for Battle With Gasoline Cars
Head-to-head competition with Tesla is a bullet that old-school automakers are still largely dodging in the U.S., but it is only a matter of time before they get hit. The electric-vehicle pioneer said Sunday that it delivered 466,140 Teslas in the second quarter, a record and around 24,000 more than analysts polled by FactSet forecast. The stock was up about 5% premarket as investors saw a sign that Chief Executive Elon Musk’s price cuts earlier this year are bearing fruit.
03.07 / 16:01
UPS Provident Digital ‘India, EU can redo int’l economic order’
New Delhi: A successful trade relationship between India and the European Union holds the potential to significantly reshape the global economic order, but the two entities need to find common ground on various issues first, a report presented in the European Parliament said. These issues include investor protection, tariffs, alcohol markets and digital frameworks, said the report from the Jacques Delors Institute titled ‘India and the European Union in 2023: Building A Closer Economic Relationship’.
03.07 / 15:33
Blockchain UPS Provident Amazon CEO Bitcoin Training Hive Blockchain to Allow AI Training, Cites Superior Privacy Over OpenAI
Hive Blockchain (HIVE), a major Bitcoin mining farm, intends to provide customers with access to its data centers, where they could train large language AI models. 
03.07 / 15:29
Citi Provident Waters Power Torrent Power ventures into green hydrogen blending project, eyes cleaner energy mix
New Delhi: Torrent Group’s integrated power utility, Torrent Power Limited has embarked on a path-breaking initiative aimed at a greener future by commencing work on a pilot project for blending green hydrogen (GH2) with natural gas in its city gas distribution (CGD) network.  The project, slated for completion within eight months, represents a significant stride in Torrent Power’s foray into the GH2 business in India, underlining its commitment to fostering a cleaner and more sustainable energy mix. “The ambitious pilot project, utilizing an Alkaline Electrolyzer, aims to blend approximately 2.5% GH2 into the CGD network, positioning it as one of the most substantial private sector blending initiatives in the country," the company said in a press release.
03.07 / 15:23
Provident Harley-Davidson Honda Pinnacle Harley-Davidson X440 debuts in India, price starts at ₹2,29,000
₹2,29,000 (ex-showroom)8 onwards. Denim, Vivid, and Pinnacle are three different models of the bike. Here's the variant and colour wise price of Harley Davidson X440: Harley Davidson X440: Colour variant wise prices Harley Davidson X440 Mustard Denim: ₹2,29,000 Harley Davidson X440 Metallic Dark Silver: ₹2,49,000 Harley Davidson X440 Metallic Thick Red: ₹2,49,000 Harley Davidson X440 Metallic Matte Black: ₹2,69,000 The Harley-Davidson X440 bike has been co-developed by Harley-Davidson and Hero MotoCorp.

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