Provident Financial News
04.03 / 07:25
markets
IPO
Provident
Trade
band
Pratham EPC Projects IPO price band set at ₹71 - 75 per share; SME IPO to open on March 11
₹71 to ₹75 per share. At the upper end of the price band, the company plans to raise ₹36 crore from the offer which is entirely a fresh issue of 48 lakh equity shares. Pratham EPC Projects IPO lot size is 1,600 shares and the minimum investment amount required by retail investors is ₹120,000.
04.03 / 06:55
markets
IPO
Provident
Digital
Booking
band
Interviews
RK Swamy IPO: Retail portion fully subscribed in less than an hour of opening; check GMP, subscription status, more.
BSE data. RK Swamy IPO retail investors portion has been subscribed 2.26 times, Non Institutional Investors (NII) portion is booked 52%, and Qualified Institutional Buyers (QIB) portion is yet to be booked. The employee portion has been subscribed 16%.
04.03 / 06:55
Provident
Trade
show
country
Vaccines
EAM Jaishankar takes dig at Maldives amid ‘big bully’ claims, says, ‘Big bullies don't provide $4.5 bn to neighbours’
ANI, Jaishankar emphasized that “big bullies" do not extend aid amounting to USD 4.5 billion when neighbouring countries face distress. EAM Jaishankar at the event on Sunday, “The big change today in this part of the world is what has happened between India and its neighbours.
04.03 / 06:55
UPS
Provident
Micron
Trade
Justice
Department
U.S. Defeat in Micron Trade-Secrets Case Reveals Struggle Countering Beijing
U.S. officials across the political spectrum have described Chinese corporate theft as a defining threat of our times. A Justice Department loss last week underscores the challenges in addressing it.
04.03 / 06:35
Provident
Citizens
economy
Dreams
Healthcare
Schools
Delhi Budget 2024 highlights: Every woman to get Rs 1,000/month for study, or for watching movies, says Atishi
Delhi Budget 2024 highlights: Delhi Finance Minster Atishi today presented the budget for the financial year 2024-25, centered around the concept of «Ram Rajya.» Delhi government is trying to realise the dream of Ram Rajya, Finance minister Atishi said in her maiden budget speech in Delhi assembly. Chief Minister Arvind Kejriwal had previously emphasized the principles of «Ram Rajya,» highlighting the government's efforts to improve the lives of Delhi residents through various initiatives. The AAP party sees «Ram Rajya» as a governance model that prioritizes the welfare of the poor, providing them with free and high-quality healthcare, education, and other essential services. Here are all the key highlights from Delhi Budget 2024:
04.03 / 06:35
UPS
Provident
Manufacturing
electronic
reports
testing
Tata Investment Corporation shares jump 21% in 4 days after approval for semiconductor plants
Tata Electronics will set up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC), Taiwan. This unit will be constructed in Dholera, Gujarat. The plant will attract Rs 91,000 crore investment.
04.03 / 05:43
Provident
Google
Fighting
Strategy
reports
Courts
Google calls off contract with YouTube Music team members protesting for better pay
the Vergereported. Google contractor Cognizant was responsible for approving music content for YouTube Music. Over 40 employees of YouTube Music went on a strike in February last year, demanding changes to Google’s return-to-work policy.
04.03 / 05:17
Provident
Google
Platform
Gemini
information
reports
testing
Google apologises to India over Gemini's results on Modi, calls its own AI platform 'unreliable'
Gemini caused a major controversy, Google has said sorry to the Indian Prime Minister and called its platform 'unreliable', ToI reported on February 4 quoting minister of state for IT & Electronics Rajeev Chandrasekhar. Chandrasekhar told the newspaper that the govt had sent Google a notice seeking an explanation on «unsubstantiated» results returned by Gemini in response to a particular query on PM Modi. Google replied and said, «Sorry, the platform is unreliable,» the minister added. The government has announced that AI platforms will now require a permit to operate in India. India should not be used as a testing ground for AI platforms, especially considering the criticism they have faced worldwide for providing unsubstantiated, biased, misinformed, or unverified results, it said.
04.03 / 05:17
Provident
Reuters
Gap
economy
Moodys
trends
reports
Moody's raises India's 2024 GDP forecast to 6.8% from 6.1%
Moody's on Monday raised India's GDP growth estimate to 6.8 per cent from 6.1 per cent for 2024. India's economic growth in the three months through December was much higher than most estimates. This was attributed to a sharp fall in key subsidies which provided a boost to GDP, reported Reuters, citing two government officials. India's economy grew 8.4 per cent during the October-December quarter, its fastest pace in one-and-half years, and much faster than the 6.6 per cent estimated by economists polled by Reuters.
04.03 / 04:43
Provident
Digital
Platform
security
Mobile
economy
Features
Customers
ONDC ensures seamless and secure transactions for customers across platforms, says Anup Nayar of ISG
MintGenie, Nayar said that SoftPOS technology transforms regular smartphones or tablets into payment terminals, eliminating the need for separate hardware. Payment service providers are utilizing the Open Network for Digital Commerce (ONDC) to streamline customer experiences by integrating with its infrastructure. Through ONDC, providers can access a standardized platform, facilitating interoperability among various digital commerce players.
04.03 / 04:35
04.03 / 04:35
markets
Provident
security
Trade
performer
Destinations
Beyond basics: 5 lesser-known terminologies in the mutual fund landscape
mutual funds. Here are the following: Coupon payments are associated with bonds. Bonds are a kind of debt instrument issued by the government, corporations and banks when they want to borrow money from investors to finance big projects.
04.03 / 04:03
markets
Provident
Target
economy
Sustainability
wellness
track
Powell to lean hawkish during Senate testimony this week- ANZ
Investing.com-- Federal Reserve Chair Jerome Powell is likely to reiterate his hawkish stance on interest rates and inflation when testifying before Congress this week, analysts at ANZ Group said in a note on Monday.
04.03 / 03:28
04.03 / 03:28
04.03 / 03:28
Provident
Manufacturing
Sustainability
Bill
pandemic
President
peace
Legislation to legalize, tax skill games in Virginia heads to governor
Virginia lawmakers have passed legislation that would legalize skill games, the slots-like betting machines that proliferated in businesses around the state before an on-again, off-again ban took effect
04.03 / 03:28
markets
Provident
economy
HANS
President
audience
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Chinese Vice President Han Zheng has pledged to provide more opportunities for foreign companies in China as the government tries to restore confidence in the world’s second largest economy
04.03 / 03:28
04.03 / 03:27
UPS
Provident
information
Department
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
Arkhouse Management and Brigade Capital Management are upping their offer.
04.03 / 02:49
Provident
BLOCK
Manufacturing
economy
Microchip
electronic
testing
India's microchip leap: The tough part lies ahead
₹1.5 trillion providing the building blocks for the critical semiconductor value chain of design, fabrication, assembly, testing, marking and packaging. Key among these proposals is the partnership between Tata Electronics and Taiwan’s Powerchip Semiconductor Manufacturing Corporation for a ₹91,000-crore fabrication plant with a capacity of 50,000 wafer starts per month. This chip capacity will grant traction at last to India’s long-standing quest for self-sufficiency in semiconductors, or near freedom from reliance on overseas suppliers.
04.03 / 01:43
markets
Provident
FIVE
Manufacturing
Platform
Apple
Trade
Apples, freight, and weather, coming soon to a derivatives contract near you
MUMBAI : Apples, cashews or the weather? You may soon be able to trade on the prices of these and several more on an exchange platform, with the finance ministry expanding the list of commodity derivatives that can be offered on national stock exchanges. The finance ministry has notified 13 new commodities for derivatives trading, including manganese, freight (road, shipping and airways), weather, cement, bitumen, apple, cashew, garlic, skimmed milk powder, white butter, timber, bamboo and palladium.
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