Provident Financial News

Clients on Monday won another arbitration decision, this time for $246,000, stemming from a broker-dealer’s sale of bonds from GWG Holdings Inc., a defunct life settlement business that is now in bankruptcy.

Birlasoft, RITES, Great Eastern Shipping Company and Oberoi Realty are among stocks that will be in focus on Wednesday as they will trade ex-dividend today. A total of six stocks will turn ex-dividend today, as per the data from BSE. The board of directors of these companies have declared dividends for its eligible shareholders.

Reliance Industries: Billionaire Mukesh Ambani’s Reliance Industries Ltd. is seeking to raise as much as 200 billion rupees ($2.4 billion) via rupee-denominated bonds, according to filings seen by Bloomberg. The base size of the sale is 100 billion rupees with an option to retain subscriptions worth another 100 billion rupees.

₹700.28 crore in Indian stocks today.Oil fell to a three-month low as a forecast drop in US gasoline consumption added to a growing array of indicators suggesting the demand outlook is worsening.Aramco maintained its dividend to the Saudi government despite a drop in production and weaker oil prices as the kingdom tackles a widening budget deficit.The total payout of $29.4 billion to the state and other investors, including a special component, held at the previous quarter’s level even as lower output helped push net income 23% down year-on-year to $32.6 billion in the third quarter.The world’s biggest crude oil exporter provides much of the Saudi government’s income via generous dividends. (Read More)IndiGo, India's largest airline, anticipates grounding at least 35 planes in the upcoming March quarter due to powder metal issue with the Pratt & Whitney engines.This adds to the nearly 40 aircraft already grounded for other engine-related issues.

Aramco maintained its dividend to the Saudi government despite a drop in production and weaker oil prices as the kingdom tackles a widening budget deficit. The total payout of $29.4 billion to the state and other investors, including a special component, held at the previous quarter’s level even as lower output helped push net income 23% down year-on-year to $32.6 billion in the third quarter. The world’s biggest crude oil exporter provides much of the Saudi government’s income via generous dividends.

By Hari Kishan

By Svea Herbst-Bayliss

Adrienne Arsht Center for the Performing Arts of Miami-Dade County, with NBC News broadcasting the final GOP debate live. The event is scheduled to take place on Wednesday from 5 p.m. to 7 p.m. PT, or 8 p.m. to 10 p.m. ET. This marks the first time in the primary campaign that the debate will air on national television, but for those who have cut the cord, it's still possible to stream the entire event live.

Hub International Limited, the Chicago-based insurance brokerage and financial services firm, has purchased the assets of Renaissance Benefit Advisors Group, a retirement plan consulting firm that focuses on helping plan sponsors meet their fiduciary responsibilities, the company announced Monday.

By David Lawder

By Patricia Zengerle

Investing.com — U.S. stocks ended higher Tuesday, notching a seven-day win streak underpinned by strength in big tech as Treasury yields fell despite Federal Reserve members signaling that rate hikes remain on the table.  

Financial intelligence company Moody’s Analytics is launching a new AI service that can predict stablecoin depeggings while providing real-time insights about stablecoin issuers’ liquidity and stability.

CLAIM: Salzburg Airport in Austria has a help desk specifically for people who intended to fly to Australia.

The Circus' ' wraps up its eighth season, it signifies the end of an era. The show, led by hosts Mark McKinnon, John Heilemann, and Jennifer Palmieri, will air its final episode on Paramount+ via Showtime at 7 p.m. ET on Sunday. The decision to conclude «The Circus'' comes against the backdrop of the upcoming 2024 presidential cycle and changes within Showtime. .

'Live at the Apollo' is set to return in 2024, marking its 20th anniversary since its debut. BBC Two has confirmed the commissioning of a special celebratory series along with a new series for 2025, each consisting of six episodes and a Christmas special. The renowned show will be filmed at London's Hammersmith Apollo, a venue capable of accommodating up to 3,500 guests. «We are very proud that we will be making two more series of Live at the Apollo, which provides a platform for fresh and experienced comedians to showcase themselves.

BioWare to celebrate the Mass Effect series, as they have a new game in development. While no new artwork or trailer was released this year, there was a message from Mike Gamble, the director and executive producer of the Mass Effect franchise.

Netflix's much-anticipated sci-fi epic, 'Rebel Moon — Part One: A Child of Fire,' is set for a streaming release, marking a significant moment for filmmaker Zack Snyder and fans. However, it has now been revealed that this space-faring adventure will also grace the big screen in a special format. The streaming giant has decided to treat fans to a short theatrical run of 70mm screenings in select locations. 'Rebel Moon' will captivate audiences in four cities during a one-week limited engagement, just before its Netflix debut.

₹400 crore to buy the three aircraft but is staring at further headwinds as the aircraft grounded for over four years will require 8-12 months to become airworthy and flown out of India. It will take some more time to convert the passenger planes to freighters, the company said. “...the more you wait, or the more the aircraft is on ground, it loses value and eventually you reach a point when the value of the assets is zero or sometimes even minus.

₹7,215.83 crore on advertising, promotions and marketing in FY22, an Inc42 analysis said, adding such expenditure is seeing a double-digit growth. Still, it may be difficult for the companies to invoke such clause.

Proof Group is one of three bidders eyeing a potential acquisition of the fallen crypto exchange FTX according to multiple sources familiar with the matter.