Provident Financial News

demat or dematerialised account. A Demat account serves as a secure storage facility for all your shares and securities. Unlike the traditional method of holding physical share certificates, which posed risks such as theft, demat accounts store securities electronically, mitigating such concerns.

demat account. A dematerialised (demat) account serves as a digital repository for the financial securities purchased by an investor, storing them in electronic format. This account streamlines the storage and management of financial securities, offering convenience and accessibility to investors.

1. Bajaj PX97 Torque Personal Air Cooler The Bajaj PX97 Torque New 36L Personal Air Cooler is designed for your room’s cooling needs. This Bajaj air cooler comes with a Duramarine Pump that’s also backed by a 2-year warranty from Bajaj.

In a stock exchange notice today (4 March), CREI laid out what it said are the «key factors» abrdn Property Income shareholders should consider when assessing the credibility of Urban Logistics' indicative offer and API's future. According to the trust, its bid provides «a superior offer» and a premium to the Urban Logistics indicative offer on both an undisturbed (+5%) and current share price (+6%) valuation. The trust also argued that CREI and API have complementary portfolios and the merger would not require shareholders in either fund to undertake a shift in investment strategy or...

In a stock exchange notice today (4 March), the board said the preliminary valuation report provided by music rights specialist Shot Tower Capital, indicates a 26.3% reduction to the valuation provided by former independent valuer Citrin Cooperman in December 2023. The report suggests a fair market value range for the portfolio between $1.8bn and $2.06bn, or $1.74bn and $2bn after factoring in contingent catalogue bonuses amounting to $59.9m.  This contrasts with the previously disclosed fair value recorded as of 30 September 2023 of $2.62bn, and $2.55bn after accounting for the catal...

fintech startup Wagely has raised $23 million, in a mix of equity and debt, as a part of its latest funding round. The equity portion of the round is led by Capria Ventures, which has invested in the likes of social networking platform, ShareChat, edtech Masai School and Cuemath in India.

By Ross Kerber

1. Bajaj PX97 Torque New 36L Personal Air Cooler The Bajaj PX97 Torque New 36L Personal Air Cooler offers efficient cooling with its Turbofan Technology and powerful air throw. It has a 36-litre water tank capacity and can throw air up to 30 feet.

Mujhe Bengaluru se Mumbai ka return ticket chahiye (I need a return ticket from Bengaluru to Mumbai)." The bot, which can understand both text and voice inputs, responded by asking for my mobile number, following which it provided me with a one-time password (OTP), asked for my name, travel dates, gender, and coach requirements. It almost lured me into buying a ticket. I figured out that Ask Disha, which can answer questions in English, Hindi and Gujarati, is a next generation bot, one that uses generative artificial intelligence (GenAI).

1. JBL Professional 305PMKII-EU The JBL Professional 305P MkII is a powered studio monitor and JBL party speaker. It delivers accurate and clear audio reproduction with a balanced frequency response.

MG Hector has captured the hearts of SUV enthusiasts, emerging as the brand's flagship model in the country. With the introduction of the Shine Pro and Select Pro variants, MG Motor aims to further solidify its position in the competitive SUV segment.

Onramp Invest, the turnkey asset management platform dedicated to providing blockchain-based investments for RIAs, is giving advisors a new opening to invest in the world of cryptocurrencies.

Osaic is starting March on a strong note as it welcomes more than $240 million in assets from two former LPL advisors.

Tata Motors, on Monday, said that the board of directors has approved the proposal of demerger of Tata Motors Ltd into two separate listed companies housing. One entity will encompass the Commercial Vehicles business along with its associated investments, while the other will include the Passenger Vehicles businesses, comprising PV, EV, JLR, and their associated investments. This demerger will be executed through an NCLT scheme of arrangement.

score which can help you monitor your financial health. One can check their CIBIL score on the CIBIL website once a year without having to pay any charge. In order to do this, one has to follow these steps.

A CIBIL score is a numeric representation of creditworthiness of borrower or investor. It is based on the individual’s credit history and repayment behaviour. 

EU antitrust chief Margrethe Vestager will hold a press conference on a competition case at 1200 GMT, the European Commission said on Monday without providing details. She is likely to announce a fine and an order to iPhone maker Apple to allow Spotify and other music streaming services inform users of options outside Apple's App Store, sources close to the matter said.

demat account serves as the initial step before entering the stock market. Understanding what a demat account is serves as a fundamental prerequisite to grasping its functionality. The term 'Demat' stands for dematerialisation, a process wherein physical securities are transformed into electronic form.

In a stock exchange notice today (4 March), the board said the preliminary valuation report provided by music rights specialist Shot Tower Capital, indicates a 26.3% reduction to the valuation provided by former independent valuer Citrin Cooperman in December 2023. The report suggests a fair market value range for the portfolio between $1.8bn and $2.06bn, or $1.74bn and $2bn after factoring in contingent catalogue bonuses amounting to $59.9m. This contrasts with the previously disclosed fair value recorded as of 30 September 2023 of $2.62bn, and $2.55bn after accounting for the catalogue...

Nokia on Monday said it has partnered with Sterlite Technologies (STL), an optical and digital solutions company, to enhance networking and digital solutions for government institutions and enterprises. The partnership will also focus on government-driven connectivity projects to offer connectivity and networking solutions, Noika said in a statement. «The collaboration will accelerate the Industry 4.0 revolution. By leveraging these solutions, businesses can gain a competitive edge and drive transformation with disruptive technologies,» the statement said. Both companies will strengthen enterprise networks, providing high-speed, high availability, low-latency connections for applications such as 5G, IoT ( Internet of Things), data centre interconnect, supply chain efficiency, real-time data analytics, and generative AI use cases, according to the statement.

Galaxy F15 5G, powered by the MediaTek 6100+ processor and with support for 4 years of OS updates. The F15 5G is likely to reignite competition in the budget smartphone segment, giving tough competition to smartphones from rival companies such as Redmi, Realme and Motorola, among others.