Provident Financial News

By Chavi Mehta

Alta Capital has acquired Goldman Sachs' and Warburg Pincus' 100% stake in the country's largest student housing platform, Good Host Spaces, for $320 million, or nearly Rs 2,700 crore, said persons with direct knowledge of the development. Goldman held around 70% in the company that owns and operates third-party purpose-built, on-campus student housing assets across key universities including Manipal University, OP Jindal Global University and Shoolini University. «The deal with Alta Capital marks the complete exit of both Goldman Sachs and Warburg Pincus. While the talks were on for the last few months, the transaction was concluded last week,» said one of the persons mentioned above. Prior to this investment, Alta Capital, founded by Siddhartha Gupta, former managing director of Blackstone India, has invested $325 million in India's largest managed office spaces operator, Table Space, and $200 million in Pragati Warehousing.

The examination fee is Rs. 600 for general category candidates and Rs 300 for those who belong to SC, SCA, ST, and differently-abled categories who wants to apply for the Graduate Teacher/Block Resource Teacher Educators (BRTE) job. Vacancy Details

GoI has announced that it will raise green bonds worth ₹20,000 crore this financial year. Earlier, RBI published a paper on green deposits outlining a framework. While the purposes are clear, three aspects must be examined: the product's price, the deployment of funds, and the system of incentives provided to enable successful issuances. Pricing: This is foremost for a successful issue.

Israel is preparing a ground invasion of Gaza, Prime Minister Benjamin Netanyahu said in a televised statement on Wednesday, but he declined to provide any details on the timing or other information about the operation. He said the decision on when forces would go into the Palestinian enclave, controlled by the Islamist movement Hamas, would be taken by the government's special war cabinet, which includes the leader of one of the centrist opposition parties. «We have already killed thousands of terrorists and this is only the beginning,» Netanyahu said. «Simultaneously, we are preparing for a ground invasion.

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NEW DELHI : The Union cabinet on Wednesday cleared a ₹22,303-crore subsidy for phosphatic and potassic fertilizers for the rabi season that runs till the end of March. While the amount is sharply lower than the previous year, the government assured that farmers will remain protected since international fertilizer prices have fallen, reducing the need for hefty support. The cabinet also approved fresh rates under the nutrient-based subsidy (NBS) scheme for NPK (nitrogen, phosphorus, potassium) fertilizers.

Erik Jensen, known for his role in «The Walking Dead” Season 5 is facing a challenging health battle as he has been diagnosed with stage 4 cancer. The Jensen family shed light on this dire situation through a GoFundMe post, sharing, Erik Jensen, who had earlier overcome a brain aneurysm about 18 months prior, has now been diagnosed with Stage IV colorectal cancer that has spread to his liver. Despite his condition, Erik remains resilient, continuing his work in film and as a writer and director. The medical team remains optimistic about potentially reducing the tumor size to make surgical removal possible.

festive season in full swing, there is plenty to gorge on. For those who follow a strict diet regimen, indulging in a cheat meal is delicious guilty pleasure.

NRMA Insurance will start offering home loans to its 3 million customers in a distribution deal that will disturb major banks given it involves mortgages being sold directly to customers of highly trusted non-bank brands.

More than 40 interested buyers have lined up for iconic frozen baked goods and desserts brand Sara Lee, which buckled after it struggled to pass through price increases to its customers from the higher cost of doing business.

audio products, it becomes evident that these devices are not mere gadgets but gateways to experiences that define our moments. Headphones that reveal the subtle nuances of your favourite tracks, earbuds that seamlessly connect you with colleagues during virtual meetings, and speakers that transform your living room into a concert hall—all these innovations have the power to elevate your daily life to new heights. Amazon Sale 2023 is the arena where the old meets the new, where trusted brands offer cutting-edge technologies, and where affordability intertwines with excellence.

Vodafone Idea has partnered with the state-backed Centre for Development of Telematics (C-DOT) to offer a laboratory to promote standardization and interoperability in the IoT ecosystem. The lab will offer device testing and certification as per oneM2M standards and 3GPP standards for interoperability, which has been adopted as national standard for IoT solution design by the Bureau of Indian Standards (BIS). The lab is an initiative of Vi Business, the enterprise arm of Vodafone Idea, and is equipped to test more than 175 scenarios including network and functional testing, field testing, application testing, compatibility testing, oneM2M standard testing and more.

Mumbai: It is difficult to run the Indian Institutes of Management (IIMs) from Delhi," Prakash Javadekar, the former human resource development minister, told the Lok Sabha in 2017. The IIMs, India’s premier management schools, are centrally-funded. But for decades, many of them had been clamouring for more autonomy.

₹1 crore was booked and allotted in 2008-09, and payment for the property was made in instalments of ₹20 lakh each year, over the period of five years from 2008-09 to 2012-13, in which year the property was built and transferred. If the property is being sold in the current year, the entire cost of acquisition of ₹1 crore should be indexed from 2008-09 till 2023-24.

Bank of India reported last week. China has seen an even steeper fall as the country turns inward. In a recent blog co-authored by Gill and M.

Kindles provide a sanctuary for book lovers. The Amazon Great Indian Festival Sale is the perfect opportunity to embark on a literary journey like never before, and at an unbeatable price. Whether you're a seasoned e-reader or a novice, the Kindle's charm is hard to resist.

Narayana Murthy had established Infosys in 1981 with six other engineers with the idea that the firm is an “experiment in entrepreneurship" – a company of the professionals, for the professionals and by the professionals. Infosys was founded in Pune and is headquartered in Bangalore.

Empathy is the ability to understand and share the feelings and perspectives of others. In a leadership context, it means recognizing the emotions, needs, and concerns of team members and responding with compassion and understanding. Empathetic leaders are attuned to the human side of leadership, acknowledging that their team members are more than just employees—they are individuals with unique experiences, challenges, and aspirations. Best Professional Courses on Leadership