Provident Financial News

IPO) of Jamnagar-based Winsol Engineering has received bumper response from investors with an overall subscription of 460 times on the last day of the bidding process. The issue received bids for over 100 crore shares as against just 22 lakh shares on offer.

Mother's Day 2024: They mend scraped knees and broken hearts, celebrate triumphs big and small, and offer unwavering support through thick and thin. Mothers are the cornerstones of our lives, shaping us from tiny tots into the people we are today. This Mother's Day, we celebrate these incredible women. Here's all about the history of Mother's Day and the reasons why we take this special day to shower our moms with appreciation. Whether it's the mom who works tirelessly to provide, the single parent who juggles countless responsibilities, or the adoptive mother who opens her heart and home, motherhood comes in all shapes and sizes. This Mother's Day, we recognize the diverse experiences of mothers around the world. From grandmothers to stepmoms and foster moms, this day is a chance to honour the women who nurture and guide us, reminding them of the profound impact they have on our lives.

Kisanserv has announced a plan to open 250 new retail stores across Pune and Mumbai over the next three years, tripling its current footprint. According to the company, it's unique selling proposition lies in offering fresh, premium-packed fruits and vegetables at prices 15–25% lower than the market average. Niranjan Sharma, Founder and CEO of Kisanserv, said in a statement, «Our mission at Kisanserv is twofold: to provide consumers with affordable, high-quality produce and to support local farmers by ensuring fair prices and direct sourcing.»

Delhi Traffic Police notices/challans will get a one-time opportunity to settle it with some reduction or complete waiver. Delhi State Legal Services Authority in coordination with Delhi Traffic Police is organising a National Lok Adalat on May 11, 2024, to settle a large number of pending claims. In this type of special court (Adalat), you can present pending payment of Delhi Traffic Police challans/notices and either get it settled at a lower amount or dismiss it. As per a social media post by Delhi Traffic Police, National Lok Adalat will take up cases including the settlement of compoundable traffic challans (applicable for commercial vehicles as well) that have been pending on the Delhi Traffic Police portal till January 31, 2024. According to IPS Hargobinder Singh Dhaliwal, special commissioner of police Zone 2, Delhi Traffic Police, «The initiative of Lok Adalat has proven instrumental in providing a more accessible avenue for individuals to address their pending traffic challans and associated legal matters. By offering a streamlined and informal process, it not only eases the burden on the traditional legal system but also expedites the resolution process for those involved in traffic violations.»

EQT Partners, the global private equity fund, is all set to list its healthcare Business Process Management (BPM) portfolio Sagility LLC, formerly Hinduja Global Solutions Healthcare LLC, in Indian bourses, said multiple people aware of the development. EQT has hired investment bankers — ICICI Securities, IIFL, JP Morgan and Jefferies. This proposed IPO is likely to value Sagility at about $3 billion (Rs25,000 crore ) and EQT may raise about $400-500 million (Rs4000 cr), said sources.

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Exodus Movement, a prominent crypto wallet company, has announced a delay in its planned listing on NYSE American, the sibling market of the New York Stock Exchange.

NEW DELHI : The Export-Import Bank of India has predicted that India's total merchandise exports will reach $116.7 billion in the ongoing first financial quarter, growing 12.3% year-on-year on strong economic fundamentals and sustained manufacturing and services activity. The Exim Bank also projected non-oil exports to grow by 10.7% to reach $93.9 billion in the first quarter. Exim Bank's report underscored that an anticipated global easing of monetary tightening is expected to enhance global demand, which would provide further support to India's export growth.

Stock market today: Shares of One 97 Communications Ltd, aka Paytm, witnessed a strong rebound after touching a 52-week low in early morning sessions on Thursday. Paytm share price today opened downside and touched a 52-week low of ₹310 apiece, but the One 97 share price witnessed a strong rebound and touched an intraday high of ₹333.

Vodafone Idea, believes global brokerage house Citi Research. After an almost 87 percent jump in Vodafone Idea in the last one year, the brokerage expects another almost 100 percent potential upside in the telecom stock in its bull case scenario. In this scenario, it has a target price of ₹25 for the stock, indicating an upside of 97 percent from its current market price of ₹12.7.

₹131 to ₹138 per share. The IPO lot size for Energy Mission Machineries is 1,000 shares. The firm provides metal fabrication solutions to the industrial sector by designing and manufacturing CNC, NC, and traditional metal forming equipment.

Mint has reviewed a copy of the same. AAI, which operates and manages around 133 airports in the country, is expected to provide 2-5 day visits, workshops and a 4-20 week duration internship in various functioning areas of the operator.

Monitor is a superb choice for both home and office use, offering excellent visual performance with its IPS panel and 99% sRGB colour coverage. This monitor supports multitasking with Lenovo Smart Artery software that allows for scenario modes and split-screen options. Additionally, the built-in speakers provide decent sound for media consumption, and AMD FreeSync technology ensures smooth visuals during use.

Also Read: Mumbai Trans Harbour Link: Auto-rickshaw spotted on Atal Setu despite ban; netizens say 'has good contacts' The viral video, shared by an Instagram user showed the black and yellow auto-rickshaw in California. The visual of the black and yellow rickshaws plying in California streets was a surprise for many Indians who are used to finding the vehicle on busy and crowded Indian streets. Also Read: Ola Electric to launch electric autorickshaw ahead of planned IPO, says report The recent video, shared by an Instagram user Manohar Singh Rawat, has garnered 24,185 likes so far.A post shared by Manohar Singh Rawat (@manoharsrawat) "Auto Rikshaw in California.

Jupiter Wagons rallied 10 percent to hit its record high of ₹448.75 apiece after it posted a sharp jump in its net profit for the quarter ended March 2024 (Q4FY24). The company's standalone net profit surged 155 percent to ₹104.22 crore in the March quarter, on account of higher income. It had reported a net profit of ₹40.78 crore in the same quarter last year.

Ultra-processed foods, such as ready-to-eat meat, fizzy drinks, ice cream and sugary cereals are linked to a higher risk of early death, according to a new study.

Rafiq Choudhary, arrested from Rajasthan, had conducted reconnaissance not only at Salman Khan's residence but also at the homes of two other Bollywood actors, according to the Mumbai Crime Branch officials. Gangster Lawrence Bishnoi's brother, Anmol Vishnoi, played a key role in motivating the shooters. After receiving weapons delivery in Panvel on March 15, 2024, Anmol provided the shooters with the target's information, instructing them to carry out the firing at the actor's residence. According to the information obtained from the Crime Branch, Chaudhary had done a recce of the actor Salman Khan's apartment building on April 12 and had also made a video of it and sent it to Anmol.

remuneration of Tata Consultancy Services (TCS) CEO and MD K Krithivasan in FY24 was Rs 25.2 crore, slightly less than former CEO Rajesh Gopinathan’s at Rs 29.16 crore in FY23. However, it is to be stated that Krithivasan’s remuneration “includes compensation for the full year, i.e. as Global Head of Banking, Financial Services and Insurance (BFSI) for April 1, 2023 to May 31, 2023 and as CEO and MD from June 1, 2023 to March 31, 2024”, reads the annual report of TCS that the company filed with the BSE on Thursday.

ANI. Kausar Jahan further noted that as many as 16,500 pilgrims will leave for Haj pilgrimage this year from the Delhi embarkation point.

Joe Biden on Wednesday publicly warned Israel for the first time that the U.S. would stop supplying it weapons if Israeli forces make a major invasion of Rafah, a refugee-packed city in southern Gaza. «I made it clear that if they go into Rafah ..., I'm not supplying the weapons that have been used historically to deal with Rafah, to deal with the cities — that deal with that problem,» Biden said in an interview with CNN. Biden's comments represent his strongest public language to date in his effort to deter an Israeli assault on Rafah while underscoring a growing rift between the U.S. and its strongest ally in the Middle East.

As Bitcoin oscillates around $61,368 following a 2.60% decrease, market watchers are closely monitoring the impact of a new $1 billion liquidity fund for Hong Kong’s crypto ETFs. This fund aims to stabilize and perhaps catalyze a bull market in Asia, influencing Bitcoin price predictions across the region.