Provident Financial News

This accolade uniquely places MullenLowe Lintas Group as the only advertising agency from India, in the company of other admired corporations like Bayer, Aditya Birla Group, HP, Mondelez and Accenture. All these corporations, share a commitment to advancing gender diversity in the workplace, and some of them who also happen to be the agency’s clients. Congratulating the agency on this big moment, Kristen Cavallo, CEO, MullenLowe Global said, “It’s no surprise the team in India has been recognized as one of the Best Companies for Women. It’s a place where smart thinking is highly regarded, creativity thrives, and people feel valued. I’m really proud of the leadership in India and it’s an honor to share this acknowledgment with other great companies."Avtar, India’s premier Diversity, Equity, & Inclusion solutions firm along with Seramount, a strategic professional services and research firm dedicated to supporting high-performing, inclusive workplaces in the United States, conducted the eighth successive edition of the Best Companies for Women in India (BCWI) study in 2023.

Flipkart Health+, the digital healthcare marketplace platform of India’s homegrown Flipkart Group, has come up with a groundbreaking initiative, "Diabetes Free Days," aimed at raising awareness about diabetes management and medication. This World Diabetes Day, Flipkart Health+ is celebrating the resilience and self-discipline of individuals managing diabetes.

Threads via a mobile browser is now an option. I prefer accessing social media services through the mobile web rather than downloading an app." As per HT Tech, the introduction of a mobile web version is a significant relief for numerous Threads users who have voiced their frustration about the lack of such functionality. Until this recent update, manually navigating to a particular user's profile was feasible, but engaging in activities like browsing feeds, posting, replying, or logging in from browsers proved to be elusive.

From cutting-edge surveillance solutions to reliable door and window locks, we've curated a selection that prioritizes your peace of mind. Upgrade your home security today with premium products at unbeatable prices. Shop now and fortify your home with confidence.

U.S. Treasury funds recorded their first outflow since February in the week to Wednesday, as global investors shed $1 billion of the government bonds and piled into stocks, according to Bank of America and data provider EPFR on Friday.

India (RBI) on Friday permitted banks to open additional current account for exports proceeds in addition to special rupee vostro accounts with a view to provide greater operational flexibility to exporters. To provide greater operational flexibility to exporters, banks maintaining special rupee vostro account as per the provisions of the RBI circular dated July 11, 2022 are permitted to open an additional special current account for its exporter constituent exclusively for settlement of their export transactions, RBI said in a notification.

State Bank of India’s chairman Dinesh Kumar Khara on Friday said the Reserve Bank of India’s move on consumer loans would not affect the lender’s ability to grow. “I think overall, we are not really impacted as much in terms of our ability to grow and support the book which we have. But yes, of course, there could be certain other entities which might experience some kind of a pressure as far as supporting this kind of book is concerned,” Khara said in an interview with ET Now. The impact of the increased risk weight on personal loans, including credit cards, will be 55-60 bps, said the SBI chairman. Further, Khara said that SBI's capital adequacy ratio stood at 14.28% as of September end.

funding climate for Indian technology startups deteriorated year-over-year, with $29.7 million deployed across 6 funding rounds in the week from November 13 to 17. In the comparable week in 2022, startups had raised $189 million across 34 funding rounds. The deals in the 2023 week averaged at about $4.95 million per deal, versus $5.6 million per deal in 2022.

Punjab and Haryana High Court on Friday nullified the Haryana law that mandated a 75% reservation in private sector jobs. The court's decision has far-reaching implications for the employment landscape in the state. More to come.

RBI) and others to smoothen out various issues faced by the sector. "We (DGFT) are working with the RBI, and Indian banking association to streamline the process of export credit availability," Sarangi said.

smart TVs encompasses a spectrum of technologies, from LED to OLED, 4K to 4K Ultra HD, catering to diverse preferences. The brand's dedication to staying ahead in technological advancements ensures users have access to the latest features for an unmatched viewing experience. Choosing a Samsung smart TV comes with the assurance of quality craftsmanship.

₹700 billion, from ₹1.3 trillion in June 2022, when LPS was launched. “We expect receivable days for Fitch-rated gencos to further shorten in the near term, although at a slower rate than the sharp improvement in FY23," it said.

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On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This license will empower XREX to provide digital payment token products and services in Singapore, solidifying its position as a compliant and regulated player in the digital asset space.

work culture often push individuals towards accepting or rejecting job offers. But how should early career professionals, especially someone just starting out, choose the best company possible while starting their careers? Let’s closely weigh the three factors — work culture, pay and brand image — against each other while answering this question.

The last six months have seen a sharp run-up in broader financial markets, with a surge in investor enthusiasm driving up stock prices. However, with this meteoric rise, several mid and small-cap stocks now find themselves trading at expensive valuations. As a result, we’ve already witnessed upwards of a 7-8% correction in index levels, and some individual stocks have experienced even higher declines. The benchmark Nifty 50 lost nearly 3 per cent in October, recording its worst month in 2023 so far. So investors should be cautious about hiking allocations into small-caps, given the recent rally and volatility in markets.

The Indian stock market has witnessed a significant shift in recent years in the way companies reward their shareholders. Share buybacks are now becoming the preferred choice over traditional dividends, according to Rahul Bhutoria, Director and Founder of Valtrust, a company providing asset management solutions to families, institutions and individuals.

The e-commerce industry has suggested the government permit foreign direct investment (FDI) in inventory-based model of online trade only for export purposes, a senior government official said on Friday. 

The festive quarter brings a significant shift in financial focus, with the real estate sector emerging as a prominent highlight. Real estate investments are seen as a robust and enduring asset class, often overshadowing traditional investment options. Several factors contributing to the increased appeal of real estate investments include increased financial liquidity, heightened market activity, and the opportunity to acquire property at an opportune moment.