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Home Tag Archives: Finance (page 2)

Tag Archives: Finance

Hyundai launches five finance schemes to bolster customer confidence

By Loknath Das
May 9, 2020
in :  Finance
Comments Off on Hyundai launches five finance schemes to bolster customer confidence

At a time when demand has fallen to a trickle amid the Covid-19 pandemic and the ensuing national lockdown in India, Hyundai has come up with several finance schemes to ensure that customers are encouraged to make purchases without much worry regarding the prevailing uncertainties. On Friday, the Korean car maker announced five finance schemes which it claims will help …

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Coronavirus | 3 personal finance authors on how to cope with this market chaos

By Loknath Das
April 17, 2020
in :  Finance
Comments Off on Coronavirus | 3 personal finance authors on how to cope with this market chaos

I believe the technical term for what we have been experiencing in the financial markets is: Aargh! (‘Bloodsuckingly bad’ also works.) I’m not sure how much it helps, but I’ve been through something like this before, during the market meltdown of 2008, when the S& P 500 fell more than 38 percent in just that year. But most millennials, the …

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Tata Motors, two group finance firms accused of antitrust violations in India: Sources

By Loknath Das
March 1, 2020
in :  Finance
Comments Off on Tata Motors, two group finance firms accused of antitrust violations in India: Sources

India’s competition regulator is examining allegations that Tata Motors and two finance firms of its $100 billion parent group abused their market position while selling commercial vehicles, according to three sources and legal documents seen by Reuters. The Competition Commission of India (CCI) is reviewing a complaint which alleges the country’s biggest seller of trucks dictated terms around the quantity and type …

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Muthoot Finance shares jump over 7% on strong Q3 results; NIM at 17.1% highest in 12 quarters

By Loknath Das
February 17, 2020
in :  Finance
Comments Off on Muthoot Finance shares jump over 7% on strong Q3 results; NIM at 17.1% highest in 12 quarters

Shares of Muthoot Finance ltd jumped over 7 percent on Monday, buoyed by a strong third quarter performance. The gold finance company’s shares quoted at Rs 792.35 apiece, up 6.3 percent on BSE at 9.36 am. The stock opened at Rs 774, up over 3.5 percent from its Friday’s close of Rs 746.60. The stock surged to a new 52-week …

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Copilot is a subscription personal finance tracker aiming to kill Mint

By Loknath Das
January 18, 2020
in :  Finance
Comments Off on Copilot is a subscription personal finance tracker aiming to kill Mint

When Intuit acquired Mint more than a decade ago, mobile was in a different place — as were tech-enabled financial services. There hasn’t been much progress for the personal finance tracker app category in the meantime. Mint has stumbled along with integration issues and tiresome data misclassifications. For many, the best alternative has been firing up a spreadsheet. Copilot is a …

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Finance ministry asks tax officials to identify evaders through data analytics

By Loknath Das
December 21, 2019
in :  Finance
Comments Off on Finance ministry asks tax officials to identify evaders through data analytics

Union Finance Minister Nirmala Sitharaman. (Photo: Reuters) In a bid to meet ambitious tax target, the finance ministry on Friday held a review meeting with tax officials directing them to make special efforts to identify and book tax evaders through data analytics and information sharing. The meeting chaired by Revenue Secretary Ajay Bhushan Pandey. He was accompanied by the Goods …

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Finance Minister Nirmala Sitharaman rules out quick recovery for economy

By Loknath Das
November 19, 2019
in :  Finance
Comments Off on Finance Minister Nirmala Sitharaman rules out quick recovery for economy

NEW DELHI : India’s Finance Minister Nirmala Sitharaman said it was too early to say if the slowdown in the economy had bottomed out. Companies are planning new investments after $20 billion worth of corporate tax cuts announced in September, Sitharaman told reporters in New Delhi Friday. Actual investments may take some time to materialize, she said. Prime Minister Narendra Modi’s government has unveiled several …

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KPMG, NIIT launch finance academy

By Loknath Das
November 15, 2019
in :  Finance
Comments Off on KPMG, NIIT launch finance academy

NEW DELHI : KPMG in India and NIIT Limited announced on Thursday the launch of the KPMG NIIT Finance Academy in India to build new skills and talent in the finance sector. The academy proposes to offer programs in finance to fresh graduates and experienced finance professionals, to address new skill requirements that digital transformation has brought about in the finance …

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9 Finance Personality Types — Which Is Yours?

By Loknath Das
October 18, 2019
in :  Finance
Comments Off on 9 Finance Personality Types — Which Is Yours?

If you work with a financial advisor, do you two have a personal connection? Does he or she “get” you? Do they have a deep understanding of what success means to you and what you want your wealth to accomplish? If not, it may be time to move on. In my experience working with top professionals such as wealth managers and …

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Finance Ministry ready to do more for NBFCs, says Nirmala Sitharaman

By Loknath Das
October 12, 2019
in :  Finance
Comments Off on Finance Ministry ready to do more for NBFCs, says Nirmala Sitharaman

Will seek details from PSBs on funding to NBFCs, retail customers on Oct 14 Finance Minister Nirmala Sitharaman, on Thursday, said she is “not sitting back” after the recent spate of measures, and will take more steps if required for non-banking finance companies and other sectors. The minister will be meeting the chiefs of public sector banks on October 14, …

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