Provident Financial News

Thе Indian rеal еstatе sеctor is gеaring up for a great comеback as thе fеstivе sеason of 2023 approachеs. Aftеr еnduring sеvеral challеnging yеars markеd by еconomic volatility and thе COVID-19 pandеmic, thе sеctor is now sеt to bask in thе radiancе of rеnеwеd optimism.

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Solana (SOL) has blasted-up +25% in an impressive pump, as crypto markets come alive following bullish Bitcoin price moves the $31,000 level - but with Solana rising, is it too late to buy SOL?

MUMBAI : Kaya Ltd, a skincare and haircare services provider, announced on Tuesday that its board has approved a rights issue to raise ₹300 crore. The issue will be offered to the existing shareholders of the company on a record date to be specified, according to an exchange filing. On 20 October, the company had said its board would consider and approve various fund-raising options.

NEW DELHI : The stock market regulator plans to run a pilot for an ASBA-like facility in the secondary market in December, under which money will be transferred only after the actual share transfer. Till then, the funds remain in the investor’s bank account, and continue to earn interest. ASBA, which stands for Application Supported by Blocked Amount, is currently available only for share purchases in the primary market.

Donald Trump's fixer-turned-foe, Michael Cohen, is poised to testify against his old boss as a key witness at the New York civil fraud trial that threatens to upend the former president's real estate empire and wealthy image

Malaysia’s government says it will allow Lynas Rare Earths to continue to import and process rare earths until March 2026

Ukraine President Volodymyr Zelenskyy claims that recent Ukrainian attacks have denied the Russian fleet safe bases and secure maritime corridors in the western part of the Black Sea

Chinese state media report that Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities

A Hong Kong court has upheld a ruling that favored the granting of equal inheritance rights to same-sex couples

Science and Technology Jitendra Singh on Tuesday said that India is now in a position to lead other nations in the space sector and is no longer viewed as a country that is being led by other nations. Union Minister Jitendra Singh on Tuesday unveiled Skyroot Aerospace's new headquarters 'MAX-Q' at GMR Aerospace and Industrial Park in Hyderabad. He is also expected to unveil the Vikram-1 Orbital Launch Vehicle. Speaking to at Skyroot Aerospace's new headquarters, Jitendra Singh said, «Today we are in a position where India is no longer seen as a country that is being led by the other countries. We are now giving leads to other countries, at least in the space sector.» When questioned if Singh sees the opportunity for the private sector in India to have the transfer of technology globally.

According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United States driving the lion's share of activity.

IIHL — the successful bidder for Reliance Capital under insolvency proceedings — cannot extinguish the employees stock options (ESOPs) and other incentive schemes for the Reliance General Insurance Company (RGIC) employees, a subsidiary of Reliance Capital, according to legal opinion taken by Reliance General Insurance. The legal opinion was necessitated as IIHL in its resolution plan for Reliance Capital has sought to extinguish all employees stock option plans, phantom stocks or similar incentive schemes of Reliance Capital and its subsidiaries, including RGIC, so that no additional cost is incurred after the takeover.

A federal automatic retirement savings program would undermine retirement plans offered by businesses to their employees, said critics of new federal legislation.

In terms of comfort and luxury, train coaches are evolving into hotel suites. Recently, the Rail Coach Factory (RCF), Kapurthala, showcased its newest creation, which has features that compete with business class of airlines. It has designed a new AC first class coach, an “interiors on demand” concept, which will be proposed to the Railway Board soon, TOI has reported. This type of coaches will make trains look luxurious and opulent as well as more confortable with their new-age technology while also providing amenities on demand on select routes. Just what the airlines are known for. With such additions, the Indian Railways is raising the bar for train travel as well as throwing a challenge to low-cost airlines, especially on shorter routes. So far, India has rolled out 34 Vande Bharat trains and plans to roll out 75 more by March next year and 500 in the next three years to further improve the railways network, particularly for short-distance travel.

As a broader resurgence in crypto markets sends prices skyrocketing, Oggy Inu (OGGY) has exploded +1,000% in the latest on-chain moon-shot.

malpractice among IAS coaching institutes in India. As per a TOI report, these institutes have been found to inflate their "success rates" in the UPSC examination by featuring students who only participated in mock interviews at their centers, rather than completing the full course. The CCPA's investigation revealed that a staggering number of coaching institutes made exaggerated claims.

₹25 crore over the next five years. The primary focus will be to identify and nurture budding talent and to facilitate the holistic development of players at all levels, the companies said. Rohit Pawar, president of the Maharashtra Cricket Association, said, “The deal will help us provide better facilities such as infrastructure development, welfare schemes, and grassroots development in remote pockets of the state.

₹50,000 in incremental tranches. As per the report around 70 lakh loans disbursed to date, benefiting over 53 lakh street vendors, with a total value exceeding ₹9,100 crore. The scheme provides loans in three tranches (1st Term loan up to ₹10,000; 2nd term loan up to ₹20,000 and 3rd term loan up to ₹50,000).

Blue Jet Healthcare IPO raised a capital of ₹252.08 crore through an anchor book process, where 22 investors took part in the anchor book offering, on Monday, October 23. Blue Jet Healthcare is an intermediary company that provides pharmaceutical and healthcare ingredients. In India, Blue Jet Healthcare was the pioneer in producing saccharin and its derivatives, or artificial sweeteners.

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