Provident Financial News
02.01 / 08:57
Provident
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Experts
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Choice Broking initiates coverage on Concord Biotech with ‘Outperform’ rating; sees 16% upside
₹1,715 per share, implying an upside of 16% from Monday’s closing price. Also Read: Kotak 'downgrades' GAIL stock after a stellar nearly 70% run in 2023. Here are 3 major reasons why The brokerage firm is optimistic on Concord Biotech on the back of fermentation APIs gaining market share with expansion of API portfolio in the low-volume high value segment and formulations segment picking-up due to new launches and the addition of injectables portfolio.
02.01 / 08:04
Provident
Gap
Healthcare
stage
cover
strain
2024
4 ways in which zillenials can safeguard both health and wealth in 2024
mutual funds, equities and insurance play a vital role in financial planning. When it comes to health insurance, youngsters generally have a misconception that it is only for older people. This misconception is nothing new, it has been passed on to people for ages.
02.01 / 07:12
Provident
Waves
Racing
show
country
information
stars
Mint Explainer: Why black holes are on India’s radar
Interstellar, you would be familiar with the word black hole, even if you do not fully understand what it means. Released a decade ago, Interstellar achieved a high level of scientific accuracy in its portrayal of a black hole called Gargantua, with the help of Nobel laureate Kip Thorne, despite taking some artistic liberties.
02.01 / 06:36
Citi
Provident
Platform
Instagram
song
pop
travelers
Traffic
Mumbai
Billionaire business tycoon Niranjan Hiranandani ditches cars to 'save time & beat traffic,' travels in Mumbai local train
billionaire businessman Niranjan Hiranandani, the co-founder and managing director of the Hiranandani Group, recently opted for a Mumbai local train to beat the city's notorious traffic and save time. The 73-year-old real estate magnate shared his insightful journey from Mumbai to Ulhasnagar in an AC coach through a video on Instagram, which quickly went viral, accumulating over 37 million views and more than four lakh likes. In the video, Hiranandani can be seen waiting at the platform alongside other passengers, boarding the AC coach with a few members of his team, and engaging with fellow commuters during the 30-minute ride.
02.01 / 05:37
Citi
Provident
FIVE
Waters
Action
reports
Department
France, Germany to fund India's urban infra mission
Mint had earlier reported that KfW plans to finance India’s PM E-Bus Sewa scheme, which aims to introduce 10,000 electric buses in nearly 170 Indian cities. The scheme is expected to cost Rs. 57,613 crore with ₹20,000 crore being provided by the government.
02.01 / 05:36
Provident
Axis Bank My Zone Credit Card: Here are its rewards, benefits and more
Credit Card presents an ideal entry point into the bank's credit offerings. With a modest annual membership fee of just ₹500, cardholders are greeted with a complimentary premium subscription to SonyLiv, valued at ₹999. Despite its nominal fee, this card boasts an array of value-added perks.
02.01 / 05:32
Provident
Booking
economy
Metro
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Experts
country
Indian stock market has more upside potential despite fair valuations, says Motilal Oswal; ITC, SBI among top picks
Also Read: FPI flows into India may remain supportive for markets during 2024 feel expert Brokerage firm Motilal Oswal Financial Services believes the Indian markets have further upside potential which will be a function of US Federal Reserve’s stance on interest rates and continued earnings delivery versus expectations in the near term. Moreover, the market capitalization-to-GDP ratio is at 124% and the brokerage firm expects nominal GDP to increase 8.2% and 10.1% YoY in FY24 and FY25).
02.01 / 05:27
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Southern
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reports
Dhanlaxmi Bank shares surge over 6% on Q3 business update
₹24,657 crore for the quarter ending December. The bank's gross advances showed healthy growth, reaching ₹10,347 crore in Q3FY24, a notable increase of 11.93% compared to Q3FY23 gross advances of ₹9,244 crore. Additionally, the total deposits of the bank grew by 10.60% YoY to ₹14,310 crore in Q3FY24.
02.01 / 05:26
Provident
FIVE
Strategy
performer
track
2024
Mutual Funds: How to build wealth through systematic investment plans in 2024?
mutual funds through SIPs (Systematic Investment Plans) has become one of the most prevalent and successful strategies. SIPs give investors the ability to systematically accumulate wealth by allowing them to invest a certain amount into the mutual funds of their choice at frequent intervals, usually every month. This consistent approach harnesses the power of compounding and rupee-cost averaging, ensuring that even small, regular contributions can grow substantially over time.
02.01 / 03:17
Provident
Progressive
Action
economy
Remark
social
Department
Solow’s insights hold invaluable lessons for the Indian economy
Robert M. Solow, MIT Institute professor emeritus, a path-breaking economist whose work influenced generations of economists, died on 21 December, aged 99. Though popularly known for his characterization of technology and its role in economic growth, Solow’s profound influence on research in economics spanned numerous sets of issues both in macro and microeconomics.
02.01 / 02:33
Provident
Reuters
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Nestle
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Indian stock market: 6 things that changed for market overnight - Gift Nifty, rise in oil prices to steady dollar
Catch Live Market Updates here The Indian stock market indices ended flat on Monday, the first trading of the new year 2024, while the second rung midcap and smallcap indices clocked healthy gains. The Sensex gained 31.68 points, or 0.04%, to close at 72,271.9, while the Nifty 50 ended 10.50 points, or 0.05%, higher at 21,741.90. “Market exhibited strength led by optimism on rate cuts, easing global inflation, and softer bond yields.
02.01 / 01:46
Provident
FIVE
Fighting
Death
Bill
composer
reports
Updates
Israel-Hamas War Day 88: Israel's Top court overturns govt's plan to curtail judiciary power | Top 10 updates
The Times of Israel reported. This decision raises the possibility of escalating tensions in the nation while PM Benjamin Netanyahu fights Hamas in Gaza. With eight votes against seven, the court decided that the government's modification to the so-called reasonableness law should be rejected.
02.01 / 01:42
Provident
Nestle
reports
evacuation
Stocks to Watch: Vodafone Idea, Vedanta, TVS Motor, Nestle India, LIC, SJVN
Vodafone Idea: News reports claim that the government could sell its 33% stake in Vodafone Idea to tech-billionaire Elon Musk and his satellite internet venture Starlink collaborating with the carrier. Securities and Exchange Board of India (Sebi) has sought a clarification from India’s third-largest telecom service provider on the development. Vedanta Ltd: The London-based parent of India’s Vedanta Ltd has received between 20% and 40% investor votes in favour of its $3.8 billion bond restructuring exercise as of 29 December.
02.01 / 01:07
Provident
Booking
Action
Experts
performer
Sebi crackdown reinforces need for registration
stock market investments might do well to heed recent actions by the Securities and Exchange Board of India (Sebi). On November 22, the market regulator penalised and barred P Krishnakumar and Jagadeeshan S for a year for giving illegal investment advisory services and ordered them to refund over ₹30 lakh collected as fees through astrology-based prediction packages sold on the website www.ymforecast.com.
02.01 / 01:07
Provident
Cooper
Aware
Assurant
Experts
Department
prevention
Centre
Centre plans to restructure PM-AASHA with ₹28,100 crore corpus
NEW DELHI : Ahead of the general elections, the government is planning to consolidate marquee schemes to safeguard the interests of farmers and consumers, under the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA), with an allocation of ₹28,107 crore till 2025-26, three officials aware of the matter said. The plan is to merge the Union Consumer Affairs Department’s Price Stabilisation Fund (PSF) with the agriculture ministry’s Price Support Scheme (PSS), and bring the merged scheme under the PM-AASHA, along with the market intervention scheme (MIS).
02.01 / 01:06
Provident
Waters
Assurant
PINK
infection
Revamp of cotton farming to help boost production in India
NEW DELHI : In a move aimed at arresting the declining cotton production in India, the Union government plans to promote the shift of cotton cultivation from disease-infested fields to disease-free cultivatable and irrigated areas within Haryana, Rajasthan, Punjab, Maharashtra, and Telangana, according to two officials. Shifting of cultivation means farmers in identified disease-free districts will be encouraged to change from conventional crops to cotton and those in infected areas would be motivated to shift to other crops. The plan could double cotton production to 30 quintal per acre.
01.01 / 21:58
Provident
Mobile
Netflix
Browser
show
stage
Unlocking streaming services: A guide to watching Netflix, Prime Video, and more on Meta Quest 3 & 2
Meta Quest 3 and 2, providing a virtual escape to Netflix, Prime Video, and beyond. This guide unveils the steps to install these streaming apps, transforming your VR headset into a private cinema. Meta Quest 2 and 3 not only deliver captivating VR gaming experiences but also serve as an alternative space for enjoying movies and shows on a grand scale. Embrace cable-free standalone VR, liberating you from the need for a PC or mobile device.
01.01 / 21:55
Provident
Progressive
track
blues
2024
Pokemon Go's January 2024 PokeStop Showcase Schedule: This is what we know
Pokemon Go enthusiasts have a chance to showcase their favorite Pocket Monsters through the PokeStop Showcase feature, providing a break from the usual Pokemon-catching frenzy. The showcase is not centered around battles; instead, Pokemon are evaluated based on various factors, including their size. Successful participants stand a chance to earn rewards such as Stardust, XP, and Fast TMs.
01.01 / 21:54
Provident
Adventure
Warcraft
2024
World of Warcraft Trading Post: January 2024 Rewards and Prices Revealed
World of Warcraft (WoW) players anticipate the refreshed Trading Post, an in-game feature enabling the purchase of mounts, pets, and cosmetics with Trader’s Tender currency. Earning Trader’s Tender
01.01 / 19:50
Provident
Manufacturing
Mobile
show
cover
reports
The Musk factor driving the Vodafone Idea stock
Vodafone Idea Ltd’s stock rose to a 52-week high on New Year’s Day to ₹18.42, amid news reports claiming that the government could sell its 33% stake in Vodafone Idea to tech-billionaire Elon Musk and his satellite internet venture Starlink collaborating with the carrier. Securities and Exchange Board of India (Sebi) sought a clarification from India’s third-largest telecom service provider on the development. Though the stock saw huge delivery based buying over the two sessions , the Vodafone Idea futures contract didn’t witness much of a change in positions, indicating that traders in the futures segment might not have been as euphoric as those in the cash segment.
01.01 / 18:35
Provident
Waters
Ball
Racing
Parke
President
ESPN
Marathon
Disney Marathon: How to register and qualify? Check dates and entry fee
Walt Disney World offers you the perfect opportunity for that, giving vacation vibes at the same time. According to Adam Ball, the Vice president of Disney Water Parks and ESPN Wide World of Sports, runDisney, Walt Disney aims to create an enjoyable, memorable experience and a supportive environment. Everybody is there to provide care to each other, right from the cast to the participants.
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