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Featured

Consulting firm Sionic hires Monahan to run asset servicing unit

The editor Oct 8, 2019
NEW YORK (Reuters)<?xml version=”1.0” encoding=”utf-16”?> - Sionic has hired James Monahan from Morgan Stanley to run the consulting firm’s new global asset servicing team, according to a statement on Tuesday. Monahan was…
Industry

Bloom Energy, EnergyPower to produce electricity from biogas

The editor Oct 8, 2019
Anaerobic digesters will be used to breakdown and clean biowaste to produce biomethane, which will fuel Bloom Energy Servers. (Reuters)US-listed Bloom Energy and EnergyPower announced a joint effort to deploy an integrated solution for…
Personal finance

Fintech start-up Subh Loans gets NBFC licence from RBI

The editor Oct 8, 2019
Shubh Loans said it has already raised series A2 funding of Rs 34 crore (USD 4.8 million) from Omidyar Network India.Fintech start-up Shubh Loans on Tuesday said it has received a licence from the Reserve Bank of India to set up a…
Job Market

Despite BPCL privatisation move, not much on table for investors, says CLSA; check target stock…

The editor Oct 8, 2019
CLSA has a target stock price of Rs 300 on the shares.After the Narendra Modiled government moved swiftly to remove legal hurdles in a bid to privatise state-owned BPCL (Bharat Petroleum), global brokerage firm CLSA said that the recent…
Companies

SEC sues Elon Musk for his allegedly misleading tweets

The editor Oct 8, 2019
Elon Musk has tweeted himself into serious trouble. The Securities and Exchange Commission sued Tesla's CEO on Thursday for making "false and misleading" statementsto investors. It's asking a federal judge to prevent Musk…
Economy

Corporate America is spending more on buybacks than anything else

The editor Oct 8, 2019
For the first time in a decade, Corporate America is steering more money into stock buybacks than investing in the future. S&P 500 companies rewarded shareholders with $384 billion worth of buybacks during the first…
Featured

Investors are loading up on cash. That’s not a good sign.

The editor Oct 8, 2019
…
Featured

Germany’s Aareal conducts strategic review following calls from investor

The editor Oct 8, 2019
FRANKFURT (Reuters) - German real estate lender Aareal said on Monday it had embarked on a strategic review following calls from an activist investor to consider the sale of its software unit Aareon. Hermann Merkens, Aareal’s chief…
Industry

3 upcoming Google features aimed at making internet safer for you

The editor Oct 8, 2019
Google is also providing more options to users to handle their data and privacy settings by offering the option of controlling privacy options on Google Assistant through voice commands.As the privacy issues and vulnerabilities that the…
Personal finance

RBI asks state level bankers to expand digital payments ecosystem

The editor Oct 7, 2019
The State Level Bankers’ Committee has been constituted in April 1977, as an apex inter-institutional forum to create adequate coordination machinery in all states, on a uniform basis for development of the state.The Reserve Bank of…
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