Provident Financial News

By Mohi Narayan and Yuka Obayashi

The issue will close on February 20, Tuesday. The issue is at a fixed price of Rs 77 per equity share. The equity shares will be listed on the NSE Emerge platform.

Hyundai Motor India is taking a significant leap towards making electric vehicles more accessible across the country. The company has recently expanded its ultra-fast EV charging network by setting up 11 new charging stations in various cities and along major highways. These new charging stations are strategically placed to benefit cities like Mumbai, Pune, Ahmedabad, Hyderabad, Gurugram, and Bangalore. They are also located along highways such as Delhi-Chandigarh, Delhi-Jaipur, Hyderabad-Vijayawada, Mumbai-Surat, and Mumbai-Nashik. The aim of these charging stations is to provide quick and convenient charging options for electric vehicle owners. Most of them operate 24/7, catering to both city dwellers and long-distance travelers. The charging stations utilize advanced technology that enables vehicles to be charged rapidly and efficiently. For example, the Hyundai IONIQ 5, one of Hyundai's electric vehicle models, can be charged from 10% to 80% in just 21 minutes using these chargers. To make the charging process even more convenient, customers can use the MyHyundai app. The app allows users to discover charging stations, navigate to them, pre-book charging slots, make digital payments, and monitor the charging status. Looking ahead, Hyundai plans to further expand its ultra-fast charging network to 10 or more new locations by 2024. Additionally, as part of an agreement with the Government of Tamil Nadu, Hyundai aims to install 100 charging stations by 2027.

MintGenie, Himanshu Kohli, Co-Founder of Client Associates, talks about global citizenship, private equity and debt, among others. Click here to read the first part. Many families in India are also thinking about having a plan B, which means if tomorrow something goes wrong in India, they have a backup outside India, which is where their plan B comes into the picture.

Sovereign Gold Bond Scheme 2023-24: The new scheme of the Sovereign Gold Bond (SGB) 2023-24 which is popularly known as Sovereign Gold Bond 2024 opened on 12th February 2024. The new series of the SGB will remain open till 16th February 2024. This means investors have just one day in hand to apply for the Series IV of SGB. As per the Reserve Bank of India (RBI), the Sovereign Gold Bond Series IV price has been fixed at ₹6,263 per gram. However, an online applicant can save ₹50 per gram as the RBI has announced a ₹50 per gm discount for an online applicant.

PTI has reported. The next round of the talks is set to take place on Sunday i.e. on 18 February.

Supreme Court struck down the electoral bond scheme as unconstitutional and violative of the "right to information of voters" due largely to their anonymity in a far-reaching ruling on Thursday. Also scrapped were amendments made to the Income Tax Act, the Representation of People Act and the Companies Act to usher in the 2018 scheme. State Bank will stop issuing such bonds immediately and provide complete details on those issued since 2019 to the Election Commission of India, which will make this information public by March 13, the court said. Also, bonds issued and still within the 15-day validity period have to be returned and the money refunded to the purchaser. The ruling Bharatiya Janata Party (BJP) has been the leading beneficiary of the anonymous funding scheme and the court's decision comes just months before general elections set to be held in April-May. The scheme had been announced by then finance minister, the late Arun Jaitley, in the budget for FY18.

Republican lawmakers bashed and Democrats praised a Department of Labor investment advice proposal Thursday at the second congressional hearing on the measure since the beginning of the year.

Online seafood firm Captain Fresh has raised $25 million in a funding round led by UK government-backed British International Investment (BII) and Andhra Pradesh-based Nekkanti Seafoods Group. The funding was part of a larger $48 million extended funding round at a $500 million valuation, out of which $20 million had already been raised by the firm in September last year. That round had been led by Japan-based SBI Investment and Evolvence Capital, and had also seen participation from existing investors like Tiger Global, Prosus, Accel and Matrix Partners India.

Hot GambleFi token $TGC has flipped FUNToken (FUN) to become the second-largest gambling coin by market capitalization, as it bounds towards $70 million off the back of explosive growth throughout the month.

Procore Technologies , Inc. (NYSE:PCOR), a leading provider of construction management software, reported a robust fourth quarter, surpassing analysts' expectations with an adjusted EPS of $0.17, higher by 10 cents than the estimated $0.07.

Cetera has bolstered its wealth advisor network with the addition of a South Carolina-based financial planning practice.

The Bank of Canada says it’s watching core inflation closely as it weighs when to cut interest rates, but a mixed bag of measures gives it options on timing and clouds the outlook for markets and economists.

SOUTHLAKE, Texas – Sabre Corporation (NASDAQ:SABR), a leading software and technology provider for the travel industry, reported its fourth quarter financial results, revealing a revenue of $687 million, which fell short of the consensus estimate of $691.86 million.

₹15,000 crore for installing 4G sites across the country by BSNL in May last year. The consortium includes telecom gear maker Tejas Networks, which was majority acquired by the Tata Group in 2021 and government-backed C-DoT, which will provide the required radio sites, equipment and technology for the large scale 4G deployments. “We learn that the 4G equipment of the TCS have not completed the field trials till today.

₹1 lakh loan obtained from a non-banking firm at 18% interest and a tenure of 36 months. The APR in this case would come in at 20.16%, data from MyMoneyMantra shows (see graphic). This is because the lender will be levying a processing fee, insurance charges and other upfront charges, which would be included in the APR.

—Name withheld on request A content-only plan can cover different contents of your home, including electrical and electronic appliances like fridge, TV, AC, refrigerators etc. It also includes furniture and any fixtures you might have done in your rented apartment. You can also separately get coverage for valuables like jewellery, any expensive work of art, collectibles and any curios separately.

By Abigail Summerville

Paytm Payments Bank, and most recently, on business payment solutions providers (BPSPs, typically fintech companies). Even in October, RBI had fined the payments bank ₹5.39 crore for non-compliance with some provisions of KYC guidelines, cybersecurity framework, etc. Others have not been spared either.

unicorn companies in the country, according to a report published by Tracxn, a data intelligence platform. The Tracxn Geo Annual report stated that Karnataka's tech startup ecosystem received a total funding of $3.4 billion in 2023, which is a 72% plunge from the $12.2 billion raised in 2021, and an 83% decline from the $20.4 billion raised in 2021.

Young Sheldon," fans are eagerly awaiting the wedding of Georgie and Mandy, which is set to be a highlight of the show's seventh season. Steve Holland, the co-executive producer of «Young Sheldon,» recently provided an exciting update about the couple's nuptials, promising a memorable event for viewers.