This refers to a financial transaction wherein a company is acquired by another, predominantly through the use of debt. Leveraged buyouts, by allowing companies that lack sufficient investment capital to use borrowed capital to acquire other large businesses, are said to facilitate large financial transactions. Many leveraged buyouts, however, fail eventually when the cash earnings from the acquired business fail …
If you have ever felt anxious or stressed about money, then you are not alone. Most of us will have suffered financial anxiety at some point, albeit at differing degrees of severity. For many people, the idea of not having enough money at their disposal and having little control over this situation can be an absolutely terrifying prospect. Whether it’s …
The world’s fastest-expanding cities are now in the global South. Rural to urban migration, combined with the effects of urban population growth, could add another 2.5bn to the world’s urban population by 2050. According to the UN, close to 90 percent of this increase will be in Asia and Africa. At the same time, low-income countries are most affected by climate …
the Board of Directors of the Company, in their Board Meeting held on today, i.e. on November 13, 2017, at the Corporate office of the Company 19, 20, 21 Narayan Chambers, 3rd Floor, Behind Patang Hotel, Ashram Road, Ahmedabad – 380 009 Gujarat, which was commenced at 02:30 P.M. and concluded at 04:00 P.M., inter alia, has considered, approved and …
Indian School Finance Co. Pvt. Ltd (ISFC), which lends to companies in the education sector, is looking to raise around $30-35 million (approximately Rs200-230 crore) from private equity investors, said two people aware of the development. ISFC, a non-banking financial services company (NBFC), founded in 2008, lends to schools and education institutions. It lends to private schools, affordable schools, vocational …
Gold prices touched an over two – week low on Monday before paring losses as chart signals helped offset pressure from a stronger dollar and an early advance in equities. Gold prices were also under pressure from expectations that Japan’s ultra – loose monetary policy would stay in place after Prime Minister Shinzo Abe’s election victory at the weekend lifted …
Virgin Money boss Jayne-Anne Gadhia has told MPs that sexism was “pervasive” in the “very male culture” of finance. Ms Gadhia spoke of one example from her time at Royal Bank of Scotland when a senior woman was very upset because she was “expected to sleep with her boss”. She was speaking to MPs as part of their inquiry into …
Finance Minister Arun Jaitley will make a major announcement on Tuesday evening, possibly in connection with the recapitalisation plans for public sector banks, sources have told CNBC-TV18. At a press conference scheduled for 4pm, the minister is likely to decide the plan for increasing capital to the weak balance sheets of banks including United Bank of India, UCO bank, Corporation bank, Allahabad Bank, Indian Overseas Bank, …
Content marketing is hot in finance, but it’s a blog about airport lounge access rules and retired airliners that’s become the industry’s favorite way to go to market. It’s called The Points Guy, a blog started by a former Morgan Stanley recruiter when he started flying all over the country looking for new talent. Fast forward seven years and the …
Saving your money and investing it smartly is the key to building wealth. All you need to know is a few basics, then develop a plan, and stick to it. Even when you start with a small amount, you may be able to take advantage of several investment opportunities. Here are three ways in which you may check your financial …