Provident Financial News

HCLTech's arm HCLSoftware plans to acquire 100 per cent stake in France-based software firm Zeenea SAS at a valuation of 24 million euros, in an effort to diversify its data and analytics business offerings. The all-cash deal is expected to be completed in September 2024, according to a regulatory filing by HCLTech. HCLSoftware Chief Product Officer Kalyan Kumar said the acquisition will enable the firm to offer a unified data intelligence solution that will power enterprises to discover, govern, connect, manage and better leverage data in their data engineering and GenAI journeys. «HCLSoftware Actian Data Platform has seen strong growth in Hybrid Data Management and Integration over the last few years. By adding metadata management, data catalog and governance capabilities, the customers would be able to consume these capabilities of the data platform,» the filing said.

Amazon Great Freedom Festival Sale Day 2 deals: Discounts up to 77% on furniture like, beds, sofa sets, tables and moreThe Amazon Freedom Sale brings you a chance to discover a new level of comfort with premium mattresses. Available in different types, these cater to every sleep style. Offering a range of materials from memory foam to hybrid options, these mattresses provide the right balance of support and softness.

fascinating documentary called Katiyabaaz at the Mumbai Film Festival (MAMI). At the time, I had no idea what it was about. Later, I learned that the title translates to "electricity thief," a fitting description for its subject matter.

With newer phones coming and higher camera resolution, the pictures and videos we take are bigger and better than ever. But that also means that no amount of storage on the device is good enough. That’s where cloud storage comes in. Not only does it offer convenience and accessibility, but also crucial security for our digital data. Here is how to get over 100 GB of free cloud storage:

In a stock exchange notice today (9 August), the platform said the offer price represents a 54.1% premium to its closing price of 740p as of 11 April 2024 – they day before the consortium initially approached HL's board. Hargreaves Lansdown takeover offer deadline extended for a third time The offer comprises a cash consideration of 1,110p per HL share and a dividend of 30p per HL share for the year ended 30 June 2024, which the platform said it will expect to pay by no later than the end of November 2024. The PE consortium has also provided an alternative offer to its cash conside...

₹22,000 crore, over five times its trailing twelve-month sales, which should help meet its guidance of 20-25% revenue growth for FY25. Increasing share of commercial ships, which now account for 25% of order book with the rest coming from defence, has helped improve Cochin Shipyard’s order book position. The company is gaining from its higher focus on the export market, primarily Europe.

Indian Racing Festival has announced a year-long partnership with FanCode to stream live motorsports events to fans across India. This partnership will feature the Indian Racing League and the FIA Formula 4 Indian Championship, starting with the IRL 2024 season opener at the Madras International Circuit on August 24. The festival, now in its third year, aims to bring high-speed racing action from eight city-based teams to viewers across the nation.The Indian Racing Festival will include teams from Delhi, Hyderabad, Bangalore, Chennai, Goa, Kochi, Ahmedabad, and Kolkata, competing for the championship title. A notable addition to this year’s festival is a groundbreaking night race on a street circuit in Chennai, a first for Indian motorsport. Prominent figures in Indian sports and entertainment, including Sourav Ganguly, Arjun Kapoor, and John Abraham, are also involved in the festival. Sourav Ganguly, who recently became the owner of the Kolkata Royal Tigers Racing team, Arjun Kapoor, who owns the Speed Demons Delhi team, and John Abraham, who owns the Goa Aces by JA Racing, will all participate in the event.

commercial real estate investment platform Property Share has received the Small and Medium Real Estate Investment Trust (SM REIT) license from the Securities and Exchange Board of India (SEBI) under the newly notified SM REIT regulations. The fractional ownership platform (FOP) has received the capital market regulator’s approval under the name of Property Share Investment Trust (PSIT) and has become the first entity to secure the same. Property Share will become the investment manager to PSIT. “Any regulated product comes with significant benefits for investors like high-net-worth requirements for the investment manager, compliance and reporting standards, transparency, investor protection mechanisms, and marketing restrictions. We look forward to continue working closely with SEBI in launching the IPO of the first SM REIT scheme in the weeks to come,” said Kunal Moktan, co-founder of Property Share

Global News has learned the identity of the young firefighter who lost his life fighting the wildfire in Jasper National Park.

new tax regime in the July 2024 Budget, increasing its attractiveness compared to the old tax regime. This was done by changing the income tax slabs to reduce tax payable, hiking the standard deduction to Rs 75,000 and increasing the deduction to 14% on employer's contribution to the NPS account under the new tax regime. However, these changes have been made in the new tax regime after almost 4 months of the financial year 2024-25 are already over. Salaried individuals have already informed, in April of this financial year, their employers about their individual choice of tax regime for deducting tax from their salaries. Employers use the tax regime chosen by the employees as the basis for calculating the TDS from each employee's salary. In the most cases, this choice has to be made in the first month of the FY as per employers' requirements. Each employee chose the tax regime favourable to him/her based on the income tax slabs under the old and new tax regimes existing at that point in time. Latest income tax slabs in old, new tax regime for FY 2024-25

In addition to the massive price drops, you can also enjoy an extra instant discount of 10% up to Rs. 3,000 with SBI credit card and EMI transactions, subject to certain terms and conditions, click here to know more. This limited-time Amazon offer is not to be missed. Read on to take advantage of these fantastic deals and enhance your cooking experience at the Amazon Sale.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

On August 8, blockchain-based game developer Illuvium announced a strategic partnership with Samsung. The collaboration, set to debut at the upcoming Gamescom 2024 event, will see Illuvium featured at the Samsung booth to showcase the future of next-generation gaming.

Coforge and Persistent Systems earned more than their counterparts in TCS and Infosys in the last financial year as some Indian midcap IT firms are paying top dollar to their CEOs who are growing their business despite headwinds from multiple directions. Coforge CEO Sudhir Singh’s annual remuneration jumped three times in FY24 to more than $12.5 million (Rs 105.12 crore), making him the second-highest paid Indian IT firm CEO last financial year, trailing only former Wipro CEO Thierry Delaporte. Other midcap IT firm CEOs like Nitin Rakesh of Mphasis and Sandeep Kalra of Persistent Systems earned Rs 44.13 crore ($5.2 million) and Rs 77.1 crore ($9.1 million), respectively, in FY24, according to the companies’ annual reports.

The average rate on a 30-year mortgage fell this week to its lowest level in more than a year

In the year since the Lahaina fires on Maui, the Council for Native Hawaiian Advancement has helped more than 6,000 families through a robust recovery project

One year after the Maui fires, thousands of residents struggle with grieving the losses of loved ones and generational homes

BSF) in co-ordination with Border Guard Bangladesh (BGB) facilitated the return of 17 Indian workers who were stranded in Bangladesh since the turmoil started. A BSF spokesperson said that the 17 workers, who were employed by Afcons Infrastructure Pvt Ltd for the construction of 52 km four-lane road from Akhaura to Kishoreganj in Bangladesh, returned to Tripura through the Agartala-Akhaura (Bangladesh) Integrated Check Post (ICP) on Wednesday night. The official said that BSF Tripura Frontier Inspector General Patel Piyush Purusottam Das received a call regarding stranded Indian workers in Bangladesh requiring assistance.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content