Tag Archives: finance:

‘Bill to Address Bankruptcy in Finance Sector in Next Parliament Session’

New Delhi: The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs. The proposed bill will cover all financial service providers that include banks, NBFCs and microfinance institutions which have money deposited, a senior finance ministry official has said. New Delhi: ... Read More »

Saurabh Agrawal is the Tata Sons’ Chief Finance Officer

Tata Sons has roped in Aditya Birla Group strategy head Saurabh Agrawal as Group Chief Financial Officer of the salt-to-software conglomerate. Mr. Agarwal, a veteran investment banker with two decades of capital markets experience, will join Tata Sons with effect from July 2017, has worked on the multi-billion dollar Vodafone merger with Idea Cellular and the acquisition of Jaypee Group ... Read More »

MoS Finance confirms July 1 roll out of ‘all-inclusive’ GST

BAREILLY (UTTAR PRADESH): Following up from the meeting of the Goods and Services Tax (GST) council on May 18 and 19, Minister of State for Finance Santosh Gangwar said the stage is set for the scheduled roll out of the GST Bill on July 1st. “After the meeting which took place in Srinagar last week, it is safe to say ... Read More »

The week ahead in business and finance

Low-cost carrier easyJet will release its latest trading update on Tuesday.  CREDIT: SIMON DAWSON/BLOOMBERG Monday May 15 After Dignity, the UK’s only listed funeral company, cut its earnings guidance just two months ago, it is expected to enjoy a robust first quarter. Earnings before interest and tax are forecast to increase by around 8pc in quarter one to £33.5m, while ... Read More »

Xander finance invests 130 crore in Adarsh developers ‘residential project’

Xander Finance, the non-banking finance arm of Xander Group, had invested Rs 130 crore in Adarsh Developers’ residential project in Bengaluru.”We have already funded more than half of the total commitment of Rs 130 crore provided to Adarsh. This facility is for project development for their villa projects in and around south-east Bengaluru,” said Amar Merani, the CEO of Xander ... Read More »

Belgian finance minister warns EU: change or die

Mr Van Overtveldt said a “different” and “better” EU, that focused on key areas such as security, migration, jobs and trade instead of policing trivial policies would help to boost prosperity in the bloc CREDIT: AFP Brexit has “shattered” the principle of ever closer union in the EU, according to the Belgian finance minister, who warned that the bloc had ... Read More »

Stamford school board blasts finance panel for budget cut

FILE — Nicola Tarzia answers questions as the Parent-Teacher Council of Stamford hosts a forum with the Board of Education candidates at the Government Center in Stamford, Conn., Oct. 27, 2016. STAMFORD — Frustrated school board members have lashed out at the city’s Board of Finance for cutting $1.7 million from the district’s budget request last week. “The budget that ... Read More »

Zoho launches finance suite for GST regime

CHENNAI, APRIL 20:   Software company Zoho on Wednesday launched its GST-compliant finance suite, Zoho Finance Plus, even as the country prepares for the Goods and Services Tax (GST) regime from July 1. Zoho’s finance suite will help companies make a smooth transition to GST regime by offering end-to-end integrated Cloud-based platform for businesses to manage their finances and operations, including ... Read More »

New Milford finance board cuts budget yet again

NEW MILFORD — The Board of Finance, in a series of budget amendments adopted Thursday night, rejected Mayor David Gronbach’s plan to offset a $1.5 million revenue miscalculation with measures including the sale of town properties. Instead, the board cut $968,000 from the town budget and $532,000 from the schools budget. The overall budget now stands at nearly $101 million, ... Read More »

How finance brands use Instagram

  A mountain top view. A close-up of a hand-rolled pastry. These images, while almost pedestrian on Instagram, are hardly what you’d expect out of a finance brand. But that’s exactly what American Express’ presence on the platform is all about: An effort to connect with an experience rather than a product. “Instagram is really about engaging — it’s so ... Read More »