Provident Financial News
29.08 / 08:26
29.08 / 08:22
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PM Modi speaks to Gujarat CM Bhupendra Patel, enquires about flood situation and relief measures
In a post on X, CM Patel said that the PM guided him on matters including restoring public life quickly. «As it has been raining heavily for the last three days across Gujarat, Prime Minister Narendra Modi ji once again had a telephonic conversation with me this morning to get information about the situation. He learned about the relief measures for the affected people of various districts of the state. Expressing concern over the flooding of the Vishwamitri river in Vadodara, he sought details of the relief and assistance being provided to the affected people,» he said.
29.08 / 08:10
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AI solution comes to the rescue of urban poor looking for a job
Vahan.ai to provide jobs to the blue-collar workforce. Madhav Krishna, CEO & Founder of Vahan.ai, says the company assists the urban poor in finding gig jobs, often within 48 hours of registration on their app. The Vahan app offers solutions through its AI-powered bot. “Once the job seeker has applied via the app, the AI recruiter calls them and helps them through the application process, helping them seamlessly onboard the platform. In some cases, individuals have managed to even secure a job within 8 hours of downloading the mobile application,” he says. Krishna gives an example of a man named Prasad who lost his job and found Vahan.ai through a WhatsApp job post shared by a friend. “He was onboarded on Vahan.ai and placed in Zepto, a grocery delivery platform, within a day of reaching out. He began working as a full-time delivery executive,” he says.
29.08 / 07:40
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Here's how you can read different mutual fund ratios when picking a fund
measures a funds risk adjusted returns and shows how much risk a fund manager takes to deliver a return. A higher sharpe ratio means a fund manager is able to deliver better risk-adjust return. But compare these ratios with other funds in the same category to ensure the comparison is like-to-like.
29.08 / 07:39
markets
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Urban Vault leases 1 lakh sq ft of prime office space in Brigade Summit, Whitefield, Bengaluru
Urban Vault, a managed co-working firm, has leased 100,000 sq ft of office space at Brigade Summit, a mixed-use project by Brigade Group in Whitefield, Bengaluru as the firm plans to expand the business to meet the increasing demand for managed workspaces. The new facility will include more than 2,000 desks and will see Urban Vault—a self-funded, bottom-line-driven company enter the Whitefield micro market that is witnessing many flexible operators expand operation. «The demand for prime office space has significantly revived. Large and medium-sized corporations are now preferring hassle-free managed office space from operators,» Urban Vault, Co-founder and CEO, Amal Mishra said.
29.08 / 07:24
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Investor’s $1M MBAPPE Bet Crashes in an Hour After Kylian Mbappé X Account Hack
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
29.08 / 07:20
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JM Financial raises Nykaa's target price to Rs 250 on growth prospects and profitability improvements
JM Financial has reiterated its 'Buy' rating on Nykaa and revised its target price to Rs 250, suggesting an upside potential of 15% from the previous day's closing price of Rs 217. The revision is driven by Nykaa’s robust performance in FY24 and its strategic positioning in key market segments. JM Financial states, “Nykaa’s strong performance in its FY24 Annual Report and its strategic positioning across key market segments provide a solid foundation for future growth.” The brokerage’s optimism is based on Nykaa's robust market share and its potential to benefit from rising consumer spending in the beauty and fashion segments.
29.08 / 06:16
UPS
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PFC, REC shares up 3% after UBS initiates coverage on the 2 PSU stocks
REC rallied 2% to Rs 552.35 and 3% to Rs 636.15, respectively, as global brokerage UBS initiated coverage on the stocks, viewing them as key financiers for high-growth renewable power generation and infrastructure capex. UBS has given both stocks a buy rating, with a target price of Rs 670 for PFC and Rs 720 for REC.
29.08 / 05:28
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Best computer desks for your home office in 2024: Top 9 picks that are ergonomic, stylish and functional
Reasons to buyReasons to avoidThe LAD Workspaces Engineered Wood Laptop Desk is a compact and functional desk that is perfect for small spaces. It features a minimalist design with a dedicated space for a laptop or computer.
29.08 / 04:39
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Wills and trusts: How blended families can navigate succession planning
MUMBAI: Raj went through a divorce five years ago and is now remarried to Anita (who is also divorced from her husband). Raj has two children from his previous marriage and one from his new marriage. Anita has one child from her previous marriage as well. Raj hasn’t formally adopted the child of Anita’s previous marriage.
29.08 / 04:17
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Here is what to keep in mind when investing with a new fund house
MUMBAI: Capitalmind, a PMS (portfolio management services) provider, became the latest entity to receive the Securities and Exchange Board of India's (Sebi's) in-principle approval to launch a fund house. Once launched, it will be India's 45th fund house.
29.08 / 01:27
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International
India puts space station on priority eyeing geopolitical gains
New Delhi: The Bharatiya Antariksha Station (BAS), India’s own space station currently at its final approval and engineering stages, is now a top priority for the Department of Space (DoS), according to two senior officials. With a launch date of 2028 and operational target of 2035 set by the government, the space station can give India global leverage as the International Space Station seems set to be decommissioned by the end of 2030.
29.08 / 01:07
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Approval for railway projects worth Rs 6.4k cr
The three projects cover seven districts in Odisha, Jharkhand, West Bengal, and Chhattisgarh. They will increase the existing network of Indian Railways by about 300 kms. The routes are considered essential for the transport of agricultural products, fertiliser, coal, iron ore, steel, cement, and limestone among others. The capacity augmentation will result in 45 million tonnes per annum (MTPA) of additional freight traffic.
29.08 / 01:05
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Amid cautious hiring, internship becomes mandatory and extended
companies are increasingly insisting that freshers undergo mandatory internships with them for an extended period before they make the final offers, delaying the hiring process that has just started seeing some activity after a washout year. Placement officers in several tier-1 and -2 engineering colleges that ET spoke to said internships, which used to be six months, have now been extended by another four-six months. “Employers are increasingly seeking fresh graduates with internship experience in AI/ML, data roles, model development and analytics,” said Munira Loliwala, vice president, strategy and growth, at staffing services firm TeamLease Digital. “The shortage of skilled entry-level talent has led companies to offer extended internships, enhancing the likelihood of hiring through management trainee programs later.”
28.08 / 23:22
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Terminator Zero: Watch sneak peek of new show, and see release date and where to stream
Terminator franchise, bringing fans a new animated series. Set between two key time periods, the series will explore familiar themes with a modern twist. This article provides essential information about the release date, where to watch and episode details.
28.08 / 22:27
COST
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Courts
Supreme Court rebuffs Biden administration plea to restore multibillion-dollar student debt plan
The Supreme Court is keeping on hold the latest multibillion-dollar student debt relief plan from the Biden administration, while multiple lawsuits make their way through lower courts
28.08 / 21:59
UPS
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Matrix
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Mark Matson discusses investing, wealth management in new book
In 1991 Mark Matson took a major step on the way to experiencing his own personal American dream when he founded Matrix Asset Allocation, later to be renamed Matson Money, on a shoestring budget.
28.08 / 17:28
UPS
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Reliance Jio
Reliance Jio hikes prices for prepaid plans with Netflix subscriptions: Check new rate list
₹1,299 and ₹1,799. Previously, these plans were listed at ₹1,099 and ₹1,499, respectively.
28.08 / 17:19
28.08 / 16:58
Blockchain
Provident
XRP
security
Intuit
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XRP Ledger and Web3Auth Launch 30-Second Onboarding with New MPC Wallet
Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...
28.08 / 16:19
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Bitcoin
Bitfarms Closes In on 110 MW, Takes Ownership of New US Data Center
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
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