Finance news

Shriram Transport Finance net profit rises 11% to Rs 634 cr in Q1  MoneycontrolNBFC firm Shriram Transport Finance Co Ltd on July 24 reported nearly 11 per cent rise in its net profit to Rs 634.25 crore for the first quarter ended June 30.

Subhash Chandra Garg Shifted Out of Finance Ministry as part of Bureaucratic Reshuffle  The WireGarg, who was leading the government's fight in securing a bigger portion of the RBI's reserves, was among the changes announced across twelve major ...

The bank had reported its maiden loss of Rs 1,506 crore in March quarter and but managed to return to the black in the June quarter with a paltry Rs 96 crore of net income, which was down a massive 92 percent.

Kenyan president replaces finance minister after graft charges  Al Jazeera EnglishKenya's president has replaced the country's finance minister who was charged with fraud over his handling of multimillion-dollar contracts for the construction of ...

World Bank Mobilizes US$300 Million to Finance the Ebola Response in Democratic Republic of Congo  World Bank GroupThe World Bank Group today announced that it is mobilizing up to US$300 million to scale up support for the global response to the Ebola epidemic in the ...

Accel invests more money in trade finance firm Drip Capital  VCCircleCalifornia-based trade finance firm Drip Capital Inc. on Wednesday said it has raised $25 million (Rs 172 crore) in its Series.

UK's Hammond quits as finance minister before Johnson becomes PM  Yahoo FinanceLONDON, July 24 (Reuters) - British finance minister Philip Hammond resigned from the government on Wednesday, following through on a promise to leave ...

'That will leave the U.S. behind': Huawei CEO Ren Zhengfei speaks with Yahoo Finance  Yahoo NewsHuawei CEO Ren Zhengfei sat down with Yahoo Finance's Akiko Fujita in an exclusive interview from his company's headquarters in Shenzhen. This is the ...

Huawei CEO Ren Zhengfei speaks with Yahoo Finance: Full video and transcript  Yahoo FinanceHuawei Chairman Ren Zhengfei sat down with Yahoo Finance's Akiko Fujita in an exclusive interview from his company's headquarters in Shenzen. This is the ...

Finance Minister introduces IBC bill for faster bad loan resolution; key things to know  The Financial ExpressThe bill seeks timely completion of debt resolution process under IBC and provides more clarity on the rights of stakeholders.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index  Yahoo FinanceThe Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies ...

Sajid Javid to be Britain's finance minister, says ITV reporter  ReutersLONDON (Reuters) - Sajid Javid will be appointed finance minister by incoming British Prime Minister Boris Johnson, an ITV reporter said on Wednesday.

Mozambique Ex-Finance Minister Paves Way for Charges at Home  BloombergMozambique's former finance minister has resigned as a lawmaker, potentially paving the way for him to face charges in his home country in relation to a $2 ...

US Personal Finance Software Market to Reach $343 Mn, by 2026, at 5.0% CAGR: Allied Market Research  PRNewswirePORTLAND, Oregon, July 24, 2019 /PRNewswire/ -- Allied Market Research published a report, titled, "U.S. Personal Finance Software Market by Product ...

Commercial Finance Association Is Now Secured Finance Network  Yahoo FinanceNEW YORK, July 24, 2019 /PRNewswire/ -- The Commercial Finance Association has rebranded as Secured Finance Network (SFNet) in time for its 75th ...

FIFA bans African official Musa Bility for 10 years for finance offences  The HinduMusa Bility banned for 10 years and fined 500000 Swiss francs ($507200).

Finance Bill 2019 amends to give more powers to RBI to regulate NBFCs  Business StandardAmendments to give more powers to RBI to regulate NBFCs form part of Finance Bill, 2019, which has been introduced in the ongoing Budget Session 2019 of ...

UK mortgage approvals near two-year high in June - UK Finance  EuronewsLONDON (Reuters) – The number of mortgages approved for British house purchases edged up to one of its highest levels in the past two years.

From finance through to aviation: Eleni Kaloyirou's journey to CEO  International Airport ReviewOur Editor explored the career path of Hermes Airports Ltd.'s CEO, investigating her time as a female in aviation, and her perception of the industry now.

Direct tax collection doubles in last 5-years: Finance Minister  All India RadioIncome tax day was celebrated today. Smt. Nirmala Sitharaman, minister for finance and corporate affairs was the chief guest.

Parliament passes Finance Bill, 2019  Jagran JoshFinance Bill: The Finance Bill seeks to give effect to the financial proposals of the Central Government for the financial year 2019-20.

Mahindra Finance’s Q1 results and uncertain outlook spook investors  LivemintQ1 is typically weak on asset quality, but the extent of the pain seems to be more this time for Mahindra Finance.The company's shares fell over 10% on ...

Subhash Chandra Garg: The man who started many fires for Finance Ministry  Business StandardThe notification formalising the first major bureaucratic reshuffle under the present government on Wednesday evening was a surprise. However, Finance ...

Share market update: Nifty Financial Services index down; M&M Finance plunges 9%  Economic TimesThe Nifty Financial Services index was trading 0.33 per cent down at 12762.25 around 12:22 pm.

Benevolent finance department likely aided teachers to con maternity leave rules  OnmanoramaPathanamthitta: As a probe revealed that government school teachers in Kerala are resorting to unfair practices to benefit from maternity leaves, it has also come ...

What's News: Business & Finance — WSJ  Morningstar.comThis article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (July ...

[Funding alert] Sachin Bansal invests Rs 25 Cr in Chaitanya India Finance  YourStoryFlipkart Co-founder Sachin Bansal has invested Rs 25 crore in Chaitanya India Finance, according to the Registrar of Companies (RoC) filings accessed by ...

Sachin Bansal invests Rs 25 cr in Chaitanya India Finance  Economic TimesBENGALURU: Flipkart co-founder Sachin Bansal invested Rs 25 crore in Chaitanya India Finance, a micro-finance company run by Chaitanya Rural ...

Saudi Finance Ministry welcomes positive IMF report on Kingdom's economic health  Arab NewsRIYADH: The Saudi Ministry of Finance on Tuesday welcomed a statement issued by the executive board of the International Monetary Fund in which it ...

Starwood, Apollo bid for $4 billion GE air-finance unit - Bloomberg  Euronews(Reuters) – Starwood Capital Group and Apollo Global Management have submitted offers to buy an aircraft-financing business owned by General Electric Co ...