Provident Financial News

Wipro are muted. Secular growth is on the wane and the companies have been talking about low visibility on top-line growth. Their share prices are off their peaks by between 10% and almost 40% as I write this.

₹20 lakh and that of a goods manufacturer or vendor exceeds ₹40 lakh. A services business is one where nothing tangible is sold. In goods business (read as goods manufacturers and vendors), a tangible good is sold permanently.

Leading New Mexico lawmakers are recommending a 5.9% increase in general fund spending for the coming fiscal year amid a windfall in oil-related income

Making decisions when you’re grieving isn’t ideal, but some money tasks are time-sensitive

A moon landing attept by a private US company appears doomed because of a fuel leak on the newly launched spacecraft

Congressional leaders have reached an agreement on overall spending levels for the current fiscal year that could help avoid a partial government shutdown later this month

An emergency landing by an Alaska Airlines jetliner has prompted U.S. federal authorities to ground some Boeing 737 Max aircraft, adding another episode to the troubled history of Boeing’s Max lineup of jets

Like a Dragon: Infinite Wealth is set to continue Ichiban Kasuga’s journey, this time leading the crew to Hawaii in search of his biological mother. With a sprawling map covering Hawaii and various Japanese locations, Yakuza 8 promises an expansive gaming experience.

Japanese Foreign Minister Yoko Kamikawa has paid a visit to Poland in an attempt to strengthen ties with the NATO nation which borders Ukraine

Few people thought much about “plugs” that seal unused exits on planes until one of them failed and blew a hole in an Alaska Airlines jet

In the last week alone, an Israeli airstrike has killed a Hezbollah commander in Lebanon, Hezbollah struck a sensitive Israeli base with rockets and Israel killed a senior Hamas militant with an airstrike in Beirut

One of the most prominent information technology service providers, Infosys, was dealt a huge blow when a multinational corporation made the decision to cancel a Memorandum of Understanding (MoU) worth $1.5 billion that was centered on artificial intelligence solutions. This arrangement, which was first negotiated as a 15-year agreement in September 2023, has been terminated, which represents a significant change in the way that Infosys' company is headed. A shift in the technology budgets and demand environment in the information technology services industry was indicated by the company's disclosure of this event in an exchange filing on December 23.

lunar lander in more than 50 years rocketed to space on Monday, launching a race for private companies to deliver experiments and other items to the moon. But about seven hours after liftoff, Astrobotic Technology reported the solar panel on the lander wasn't properly pointed toward the sun to generate and store power and it was investigating the issue. The Pittsburgh company's lander caught a ride on a brand new rocket, United Launch Alliance's Vulcan.

Envestnet CEO Bill Crager is stepping down from his role at the end of March, the company announced Monday morning.

Sundaram Mutual Fund, said, “Sundaram Multi Asset Allocation Fund is an ideal vehicle for long-term risk-adjusted capital appreciation. In addition to the potential of Equity combating inflation in the medium term, Gold also provides a hedge against currency depreciation. Besides, given the inevitability of business cycles, there are always times when the economy goes through a slowdown following rapid expansion – a period in which Gold generally turns out to be the best-performing asset class.

Quant Mutual Fund announced the launch of Quant Consumption Fund, an open-ended equity scheme following the consumption theme. The scheme opened for public subscription on January 05, 2024, and will close on January 18, 2024.

smartphones that pack a lot of power in the handheld form, buyers can now play heavy-duty video games on-the-go; whether it is while travelling to work, on a long plane journey, or simply because smartphones offer portability that consoles don't. With our best gaming phones guide, you can find the gaming companion of your dreams in less than ₹30,000. Gone are the days of needing to buy a high-end gaming console like the PlayStation or Xbox to qualify as a gamer.

₹1,000 crore through maiden public issue of secured, rated, listed, redeemable Non-Convertible Debentures (NCDs). The first tranche of the issue is set to be listed on the BSE, which is scheduled for subscription starting January 11, featuring a base issue size of ₹200 crore and the flexibility to retain oversubscription of up to ₹800 crore, as stated by the company.

Tamil Nadu have been promised by various companies during the Global Investors' Meet 2024 organised by the DMK government in the state, Chief Minister M K Stalin said on Monday. Delivering his valedictory address at the GIM 2024 organised by the Industries department, Guidance Tamil Nadu and Confederation of Indian Industry, the chief minister said companies have committed to investing a total of Rs 6,64,180 crore in Tamil Nadu and added that it would create as many as 26,90,657 lakh direct and indirect jobs in the state. In his address in the presence of party cabinet colleagues and business leaders, including the chairman of diversified conglomerate Mahindra Group, Anand Mahindra and TAFE Ltd Chief Mallika Srinivasan, Stalin assured the industrialists that all the necessary clearances for the new investments would be issued through single window clearance. «I am happy and proud to inform this august gathering that due to our tireless efforts and your participation during this Global Investors' Meet we have attracted an unprecedented Rs 6,64,180 crore of investments, » Stalin said. «A total of 26,90,657 jobs is expected to be generated from these investments that includes direct employment for 14,54,712 persons and indirect employment for 12,35,945 persons,» he said. «We have set ourselves an ambitious target to make Tamil Nadu a USD 1 trillion economy by 2030 and to play a key role in India's economic growth.

FINER) will hold Northeast Renewable Energy & Electric Vehicle Expo-2024. Scheduled from the 19th to the 21st of January 2024, the event will take place at the Sarusajai Stadium in Guwahati, Assam. FINER said the Northeast Renewable Energy & Electric Vehicle Expo-2024 will serve as a significant platform strategically designed to highlight and showcase the latest advancements and innovations in the field of renewable energy and electric vehicles. Featuring more than 100 stalls, the exposition promises to showcase cutting-edge technologies, products, and services in renewable energy and electric vehicles, providing a comprehensive display of transformative technologies, from solar panels to electric vehicles and charging infrastructure. The expo will bring together manufacturers, developers, and service providers to showcase technologies, products, and services related to renewable energy and electric vehicles.

Bloomberg Index Services has proposed to include Indian bonds under the fully accessible route (FAR) in its emerging market local currency index. This comes four months after JPMorgan said it would include India bonds in its Global Bond Index — Emerging Markets, starting June this year.