Provident Financial News

19.01 / 12:05

markets IPO Provident Platform security Research Trade In Dalal Street’s gold rush, some winners are selling the shovels

Subscribe to enjoy similar stories. New Delhi: His name never crops up in modern investment literature, and yet in a more clear-eyed world, Samuel Brannan would have been anointed the patron saint of market acumen. Or at least would have chapters dedicated to him in business school textbooks.

19.01 / 00:31

markets UPS Provident FIVE Digital security performer How HCLTech defied the gravity of India's four-year IT slump

Subscribe to enjoy similar stories. HCL Technologies Ltd has emerged as the sole bright spark in a four-year sombre stretch for India’s information technology (IT) investors, leveraging a stable leadership and an early pivot toward artificial intelligence (AI) to outpace its Big Five peers. While the broader IT sector grappled with a post-pandemic hangover and the growing threat of automation, Noida-based HCLTech has delivered a 29% return since early 2022.

18.01 / 12:17

markets Provident Manufacturing Sustainability wellness rock Interviews India is not at an absolute rock bottom valuation, but much better than 2024: Tata Mutual Fund's Rahul Singh

Subscribe to enjoy similar stories. India has reached a point where if emerging markets start getting flows, a possibility due to the uncertain macro environment, India will get its share of foreign institutional flows, said Rahul Singh, chief investment officer - Equities at Tata Mutual Fund. “If emerging markets as an asset class start to get sustainable flows, foreign portfolio investors (FPIs) need not have to sell India to buy China," Singh said in an interview with Mint.

18.01 / 07:47

markets COST Provident Booking security performer Steel prices hiked for the second time in two weeks as import curbs take effect

Subscribe to enjoy similar stories. MUMBAI : Domestic steelmakers raised prices twice in January, within weeks of New Delhi imposing a safeguard duty on steel imports, as stronger construction demand, low inventories and improving market sentiment gave mills room to push through hikes. Prices of hot-rolled coil (HRC) and cold-rolled coil (CRC) were increased by 4% to Rs.51,700 per tonne in the second week of January, after a 2-4% hike in early January 2026, according to Big Mint, a commodities market intelligence.

17.01 / 13:07

markets COST Provident Target Election President How the attacks on the Fed could backfire

Subscribe to enjoy similar stories. The Trump administration’s efforts to bludgeon the Federal Reserve into lowering its policy interest rates appear unlikely to have their desired effect. Indeed, they conceivably could backfire and forestall the rate cuts that the central bank officials and the markets anticipate for this year.

17.01 / 01:45

COST Provident FIVE Software information Indian IT’s Big Five face $500 million labour code hit to profitability

Subscribe to enjoy similar stories. India’s new labour codes eroded the profits of India’s five largest information technology (IT) services companies in the December quarter as they recorded ₹4,645 crore ($500 million) in upfront costs as higher contributions to employees' retirement benefits. The country’s largest software services provider Tata Consultancy Services Ltd (TCS) incurred incremental costs of $238 million, while second-placed Infosys Ltd disclosed a $143 million impact, according to their quarterly earnings disclosures.

17.01 / 01:45

Provident Platform BAY show electronic hospital prevention Rest easy: AI is now in charge of your health

Subscribe to enjoy similar stories. A toothbrush is just a toothbrush. At least that's been an indisputable truth since we first got to know toothbrushes centuries ago.

16.01 / 16:43

markets UPS Provident FIVE CEO performer reports Wipro, Tech Mahindra outshine TCS, Infosys in weak Q3 for IT

Subscribe to enjoy similar stories. Wipro and Tech Mahindra, which have trailed both larger and smaller peers in recent years, outperformed India's two largest information technology (IT) services firms Tata Consultancy Services (TCS) and Infosys in both revenue growth and profitability during a seasonally-weak third quarter. Wipro ended the October-December 2025 period with $2.64 billion in revenue, up 1.19% sequentially and 0.24% from a year ago.

16.01 / 14:27

Provident show cover Department Courts Tax trouble: The Indian Supreme Court’s Tiger Global judgement could potentially put foreign investors off

Subscribe to enjoy similar stories. The Supreme Court judgement in the case of Tiger Global’s tax liability has, contrary to expectations, gone against the assessee and in favour of India’s revenue authorities. The brief facts are as follows.

15.01 / 09:55

UPS Provident Manufacturing economy track country electronic FDI inflows into UP surge as electronics projects gain ground, says additional chief secretary Deepak Kumar

Subscribe to enjoy similar stories. NEW DELHI: Foreign direct investment into Uttar Pradesh rose to ₹5,963 crore ($660 million) during the April-September period of FY26 as India’s third-largest state economy aspires to become a $1 trillion economy with key policy incentives for high-growth sectors, a top official said.

15.01 / 07:27

markets IPO Provident FIVE security Experts stars Anil Agarwal named promoter, but holds no stake: Sebi asks IPO-bound Sterlite Electric to explain

Subscribe to enjoy similar stories. India's market regulator has asked minerals-to-energy Vedanta conglomerate's latest market-bound firm for more details on ownership structure and how it ultimately benefits the group's billionaire founder Anil Agarwal, three people aware of the matter told Mint. On paper, Anil Agarwal has zero direct holdings in the Sterlite Electric Ltd, which last year filed its draft red herring prospectus (DRHP) for an initial public offer.

15.01 / 07:27

markets IPO Provident FIVE Waters Manufacturing trends Four stocks where promoters see value despite market volatility

Subscribe to enjoy similar stories. If you’ve been tracking promoter activity over the past few years, you would have noticed that 2025 took the trend to a new extreme. Promoter selling crossed ₹1.5 trillion last year, setting a fresh all-time high and extending a three-year streak of over ₹1 trillion in annual sell-downs.

15.01 / 01:45

markets UPS Provident FIVE Aware security Sebi steps up checks on portfolio overlap in mutual fund schemes

Subscribe to enjoy similar stories. MUMBAI : India’s market regulator is closely scrutinizing new fund offers (NFOs) for portfolio overlap with existing schemes, even though its draft proposals on overlapping stocks in mutual fund schemes are yet to be notified.

15.01 / 01:45

UPS Provident wellness band Department recommendations gatherings India's 20k-crore emergency response plan hits spectrum hurdle

Subscribe to enjoy similar stories. NEW DELHI : When a police officer calls for backup, emergency crews respond to a disaster, or agencies coordinate during a riot, one thing must work: communication.

14.01 / 10:51

markets UPS Provident wellness President country China, wary of global unrest, is keeping the oil market afloat

Subscribe to enjoy similar stories. President Donald Trump’s control of Venezuela’s oil supply increases U.S. influence in the world oil market, but China is the major power that has been keeping prices steady.

14.01 / 10:33

Provident Citizens security Universities country peace International China’s creepiest export surge

Subscribe to enjoy similar stories. “I MET THE most lovable people on the streets of Serbia: Chinese police officers," gushes a Chinese tourist in an article released by one of his country’s police universities about joint patrols with Serbian police in Belgrade. “I felt so happy, safe and proud," he says.

14.01 / 07:37

markets Provident security Mobile Metro exclusive rowing Telcos allege ‘market failure’ at Navi Mumbai airport, ask Trai to cap infrastructure costs

Subscribe to enjoy similar stories. The Cellular Operators Association of India (COAI), which represents major telecom companies, has approached the telecom regulator, seeking a cap on charges for in-building mobile network infrastructure at public places such as airports.

14.01 / 04:05

markets Provident Research performer patient infection Courts The Centre plans to enforce strict safety standards for hair transplants

Subscribe to enjoy similar stories. NEW DELHI : Amid a rising number of complaints over botched hair transplants, the Centre plans to reclassify the procedure from the ‘cosmetic salon’ category to a strictly regulated ‘surgical practice' to rein in malpractices in the $252 million industry, according to three government officials and documents reviewed by Mint.

14.01 / 01:33

UPS Provident FIVE Manufacturing Metro electronic reports Three stocks to watch as Budget 2026 may roll out ₹23,000 crore incentives for capital goods manufacturing

Subscribe to enjoy similar stories. The government may roll out incentive packages worth up to ₹23,000 crore in the Union Budget 2026 to boost domestic manufacturing of high-value capital goods and reduce dependence on imports, according to an Economic Times report. The schemes are currently under preparation and could be announced in the upcoming budget.

14.01 / 01:33

UPS Provident security Mobile awards Highways 2020 Budget 2026-27: Road ministry outlay to remain flat in push for private capital

Subscribe to enjoy similar stories. NEW DELHI : The Centre may maintain the road ministry’s allocation at nearly the same level as ₹2.72 trillion in 2025-26 in the Union Budget 2026-27, aiming to shift focus towards attracting private investment, even amid slowing highway construction, according to two officials close to the discussions.

14.01 / 01:33

markets Provident Target Analysis trends Trade recommendations Stocks to buy: Raja Venkatraman recommends top picks for 14 January

Subscribe to enjoy similar stories. Large-scale volatility that continues to emanate at this juncture has made it quite difficult to decipher the trend. However, looking at the whole line of activity, we can definitely concur that the trends are not going to be linear and hence one should trade on both sides of the market.

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