Provident Financial News
02.04 / 07:11
markets
Provident
security
Experts
Updates
NFO Update: Kotak Mutual Fund launches energy opportunities fund
Kotak Mutual Fund has announced the launch of Kotak Energy Opportunities Fund, an open-ended equity scheme following the energy theme. The new fund offer or NFO of the scheme will open for subscription on April 3 and will close on April 17. Also Read | Top 10 mutual funds to invest in April 2025
02.04 / 05:13
Provident
Waters
CEO
Sustainability
community
travelers
sanitizer
SHGs play a vital role in securing a safe water future in India’s hinterlands: Mark Duey, CEO, Water For People
Bharat. Mark Duey, CEO, Water For People, and Bishwadeep Ghose, Country Director, India, talk to ET Digital, explaining the role of SHGs in promoting water sustainability and a healthier water future in India. Water For People is a US-based NGO that has been working in India for the past 15 years to ensure access to safe water. Economic Times (ET): Tell us about your Jalbandhu initiative. How is it driving employment in rural communities?
02.04 / 04:13
02.04 / 02:45
Provident
WhatsApp
Universities
Divinity
Celebrity
audience
Chaitra Navratri day 4: Who is Maa Kushmanda, the goddess worshiped on this day? What is offered as bhog today? Check key details
Mata Kushmanda and Mata Skandamata. Mata Kushmanda is revered as the supreme divinity governing the solar system in Hindu philosophy. Devotees believe that worshipping her bestows strength to overcome illnesses, sorrows, and imperfections. Mata Skandamata, the fifth manifestation of Goddess Durga, is closely associated with Goddess Parvati, who trained her. It is believed that worshipping Skandamata fulfills devotees' wishes, brings happiness, and grants the blessing of children. Navratri, meaning «nine nights» in Sanskrit, is a significant Hindu festival dedicated to Goddess Durga and her nine divine forms, collectively known as Navdurga.
02.04 / 01:07
Provident
security
Sustainability
WhatsApp
Research
President
Investors dial into Vi after government takes call
Vodafone Idea jumped over 20% on Tuesday as the government's decision to convert spectrum dues into equity eased investor concerns about the company's prospects. Analysts said the likelihood of the stock logging more gains soon makes it a strong pick for punters, but investors would want to see more signs of a revival in business prospects to add it to their long-term portfolio.
02.04 / 01:07
Provident
FIVE
Aware
WhatsApp
prevention
Treasury heads urge RBI to lower CRR, ensure surplus liquidity
systemic liquidity to enable smoother transmission of policy rate decisions. This was conveyed by the executives to Reserve Bank of India (RBI) officials at a pre-policy review consultation meeting Monday in Mumbai, sources told ET. «During the meeting, the consensus was that RBI should provide more durable liquidity in the system and that the interest rates should come down,» a person aware of the development said.
01.04 / 23:39
Provident
CEO
Airlines
security
country
information
Department
Mint Primer: Do AIF investors need easier accreditation?
Subscribe to enjoy similar stories. In India, CDSL Ventures Ltd (CVL) is granted recognition by Sebi to act as an accreditation agency for investors. The person will have to carry out the accreditation process on his own, visit the CVL portal, and submit proof of identity, such as PAN, Aadhaar card or passport.
01.04 / 20:25
Provident
Digital
Apple
McDonald’s
Minecraft
Features
Videos
McDonald's special limited edition meals add to 'A Minecraft Movie' fever
A Minecraft Movie' just days away, special meals inspired by the highly popular Minecraft video game were introduced to McDonald's menu on Tuesday (April 1). The collaboration gives Minecraft fans a choice to select between two entrees for their meal: a Big Mac or a 10-piece Chicken McNuggets. The McNuggets version comes with the limited-edition sweet-and-spicy Nether Flame Sauce.
01.04 / 15:21
01.04 / 14:49
markets
UPS
IPO
Provident
International
Destinations
Third-Party logistics provider Om Freight Forwarders files IPO papers with Sebi
Third-party logistics services provider Om Freight Forwarders Ltd has filed draft papers with capital market regulator Sebi to raise funds through an initial public offering (IPO). The IPO involves a fresh issuance of shares worth Rs 25 crore with an offer for sale of up to 72.50 lakh equity shares by the promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Monday. Proceeds from its fresh issuance to the extent of Rs 16.64 crore will be used funding of the capital expenditure requirements of the company related to the acquisition of commercial vehicles and heavy equipment, and a portion will be utilised for general corporate purposes.
01.04 / 13:33
UPS
Provident
FIVE
economy
performer
reports
Govt’s capex appetite in Q4 fails to lift FY25 investment performance
Subscribe to enjoy similar stories. India’s investment report card received a significant boost from high-cost government projects in the March-ended quarter, providing a potential last-minute push after a slow year, even as private sector appetite remained subdued. However, despite the upbeat performance in the final quarter, the momentum was not enough to shift the overall sentiment for the full year.
01.04 / 12:59
markets
UPS
Provident
Google
Instagram
Biogen
country
The next big thing in carbon capture? Trash.
Subscribe to enjoy similar stories. A group of technology companies is investing in a new form of carbon capture that aims to cut emissions from household waste in an effort to reduce landfill usage and to lower the amount of greenhouse gas emissions that are emitted into the atmosphere. Frontier, an umbrella group of tech companies including payments firm Stripe, internet giant Google and Instagram parent Meta is investing just under $32 million in a carbon-capture-and-storage project in Norway in the hope of removing 100,000 metric tons of carbon from the atmosphere between 2029 and 2030.
01.04 / 10:49
COST
UPS
Provident
Target
Digital
economy
country
Time for the Global South to leverage DPI for climate action
Subscribe to enjoy similar stories. It is unreasonable to expect developing countries to commit to costly climate mitigation strategies when the only reason developed nations are where they are is that they used cheap polluting technologies to get there. Having said that, global warming is real, and unless all countries commit to a more climate-friendly approach, we will have no hope of fighting it.
01.04 / 10:37
COST
Provident
Align
performer
country
rock
Cairn Oil & Gas signs contract to hire Parker Wellbore's drilling rig
Vedanta Group and India's largest private oil and gas exploration and production company, has entered into an agreement to hire a high performance 2000 horsepower drilling rig from Parker Wellbore, recently acquired by Nabors Industries — a global technology provider. The pact will help expand the company's oil and gas exploration and production operations in India, the firm said in a statement. Cairn «will deploy this state-of-the-art rig in Barmer, Rajasthan — the company's largest onshore producing asset in India, this month,» it said. «This deployment aligns with Cairn's ongoing efforts to increase production and support its exploration initiatives in the region.» Recently at CERAWeek 2025, Vedanta chairman Anil Agarwal shared the company's plan for India's energy sector growth. The company will be investing in brownfield projects to add 5 billion barrels of oil equivalent reserves, and produce 500,000 barrels per day at a cost of USD 5 per barrel, the statement said without giving timelines.
01.04 / 08:33
Provident
Cooper
CEO
performer
information
reports
Investigations
Fashion startup CaaStle CEO Hunsicker resigns over fraud claim as firm teeters
Christine Hunsicker has resigned from her position as chief executive officer of CaaStle after the fashion-technology startup’s board of directors alleged she misrepresented the company’s performance to investors, according to a March 29 letter to shareholders seen by Bloomberg News. CaaStle faces “a severe and immediate liquidity problem,” and the board is considering options including a possible wind down, liquidation or strategic transaction, according to the letter. The company is planning a two-week-long furlough for its employees. Law enforcement authorities are also investigating the matter and the company is cooperating, the letter said. Hunsicker didn’t respond to calls and emails seeking comment.
01.04 / 08:23
Provident
CEO
Equality
rights
Amundi finalises Victory Capital deal
Initially announced back in 2024, Amundi will supply non-US products for Victory Capital's distribution in the US as part of the deal, while Victory Capital will provide American active asset management products for Amundi's distribution outside of the US. Amundi appoints Eric Bramoullé as UK CEO In exchange for the partnership, Amundi received 21.2% of equity in Victory Capital, or 17.6 million shares at closing, which equals 4.9% of voting rights in the company. According to Amundi, the firm expects its total equity interest to hit 26.1% in the next following months. Davi...
01.04 / 06:43
markets
UPS
Provident
security
economy
Trade
country
The Great Escape: As investors abandon US for greener pastures, Indian stocks stand to benefit
Subscribe to enjoy similar stories. US equity indices have been in the red for the past month as recession fears take centre-stage. Add to that the US President’s steep spending cuts and tariff hikes and it’s no wonder investors are getting jittery, preferring to shift their stock bets to other countries.
01.04 / 05:39
UPS
Provident
security
show
reports
Scandals
Signal downloads double after US defence leak scandal; 42% surge in Yemen
The Atlantic magazine being inadvertently added to a private group chat with high-level officials of the Donald Trump administration. The officials, including Defence Secretary Pete Hegseth and National Security Advisor Mike Waltz, were discussing a strike on Yemen in bare bones detail on the chat, revealing crucial operational details. The media blitz around the scandal has driven people to download the app for the first time.
01.04 / 02:57
Provident
Matthews
Election
President
Universities
reports
prevention
Could Trump serve a third term as president?
Subscribe to enjoy similar stories. President Trump says he isn’t joking about considering a third term in office. The Constitution forbids him from running again, but the notion that he could legally extend his presidency isn’t entirely laughable either, according to some legal scholars.
01.04 / 02:57
01.04 / 02:21
Provident
Align
WhatsApp
travelers
Department
prevention
H-1B visa lottery for FY26 completed, petition filing begins April 1
Prospective petitioners with selected beneficiaries have been notified and are now eligible to file H-1B cap-subject petitions. The status of each registration can be checked in the registrants’ online accounts, USCIS said in a statement. The filing period for FY 2026 H-1B cap-subject petitions begins on April 1, 2025. Only those with selected beneficiaries and a valid registration may submit petitions. Applications must be filed at the correct location or online through my.uscis.gov within the designated filing window, which will last at least 90 days.
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