Sunday , 22 October 2017
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Finance

Uber finance head Gautam Gupta quits; Jan-March loss narrows

Uber Technologies Inc said its head of finance is leaving, and the privately held ride-hailing company also said that its first-quarter loss narrowed substantially from the prior quarter, putting it on a path toward profitability. Head of finance Gautam Gupta is leaving in July to join another startup in San Francisco, the company said, making Gupta the latest high-profile executive ... Read More »

Trading Calls: Buy Muthoot Finance, Cipla; Sell Vedanta, Say Experts

Aditya Agarwal, Ruchit Jain and Lovelesh Sharma share their trading/short-term picks Indian markets struggled in early trade today but Nifty managed to hold the crucial 9,600 levels. Despite Nifty and Sensex trading flat, there was action aplenty in broader markets. The midcap and smallcap indices saw strong gains. The Asian stocks were mostly lower today following a subdued lead from ... Read More »

Saurabh Agrawal is the Tata Sons’ Chief Finance Officer

Saurabh Agarwal, a veteran investment banker, was the strategy head of Aditya Birla Group. 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 ... Read More »

China’s Xi Says Silk Road Plan Boosts Finance, Security Ties

Russian President Vladimir Putin, right, and Chinese President Xi Jinping, left, walk prior to the opening ceremony of the Belt and Road Forum in Beijing, Sunday, May 14, 2017. (Alexei Nikolsky, Sputnik, Kremlin Pool Photo via AP) (Alexei Nikolsky, Sputnik, Kremlin Pool Photo via AP) BEIJING (AP) — Pledging more than $100 billion in financing, Chinese President Xi Jinping called ... Read More »

Separating Your Personal and Business Finances: Why and How

New business owners may seek to keep things simple and co-mingle their business and personal finances. This is a BIG mistake. Here’s why, and what you can to do to appropriately separate your financial activities. Why and How to Separate Your Personal and Business Finances Why Keep Finances Separate? There are important financial, legal and tax reasons to separate your ... Read More »

Is Britain’s car finance market heading for a mis-selling scandal?

THOUSANDS of British drivers could have been mis-sold loans to purchase their cars, causing them to pay over the odds for their motors. The UK’s £40billion car finance industry may be heading towards a mis-selling scandal if it’s found the terms have not been properly explained to drivers, according to reports. PA:PRESS ASSOCIATION ARCHIVE 2 Claims that loans were being mis-sold to ... Read More »

Digital tax among finance bill measures shelved

More than half of the finance bill has been put on hold until after the general election to allow more debate on dozens of controversial measures, including plans to force landlords and small businesses to keep digital records. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the ... Read More »

French presidential poll a bellwether for Europe

France voted on Sunday in the first round of a bitterly fought presidential election that is crucial to the future of Europe and a closely-watched test of voters’ anger with the political establishment. Over 50,000 police backed by elite units of the French security services patrolled the streets less than three days after a suspected Islamist gunman shot dead a ... Read More »

Alt finance takes the unicorn lead

BI Intelligence This story was delivered to BI Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here. Billion-dollar valuations are broadly considered to be an important marker of a young company’s viability, and a key indicator of potential future returns for investors. However, in many geographies, VC investment in fintech has been slowing recently, and such valuations ... Read More »

Turkey’s Erdogan declares referendum victory, opponents plan challenge

President Tayyip Erdogan declared victory in a referendum on Sunday to grant him sweeping powers in the biggest overhaul of modern Turkish politics, but opponents said the vote was marred by irregularities and they would challenge its result. Turkey’s mainly Kurdish southeast and its three main cities, including the capital Ankara and the largest city Istanbul, looked set to vote ... Read More »