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, and she said will seek details of funding to NBFCs and retail customers. “I am not sitting back saying I have given some solutions for NBFCs. There may be more…

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A Tiny Technology Stock Ready To Explode On The Upside

Investors focusing too much attention on large technology stocks like Apple, Google, and Microsoft have perhaps missed a tiny technology company ready to explode on the upside, Universal Display, as Qualcomm’s stock did back in the 1990s and the early 2000s. Universal Display is up 582% over the last five years. And that may be just the beginning. Universal Display and Qualcomm are in different segments of the technology industry. Universal is a developer and manufacturer of organic light-emitting diode technologies and materials. It also provides services to the display and lighting industries.…

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MWC 2016: Visa Ready Program extended to more connected devices

At the MWC 2016, Visa announced that it is expanding its Visa Ready Program to encompass manufacturers of wearables, cars, home appliances, clothing and other Internet of Things (IoT companies. The programme allows partners to incorporate secure payments into their products and services. To start with, this programme will focus on payments for wearables and automobiles. It is already in conversation with Accenture, Coin, Giesecke & Devrient, Fit Pay, and Samsung, who will work with device manufacturers including Chronos and Pebble, to help embed secure payments into their connected devices.…

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