Tag Archives: firms:

Should firms that finance the pot industry really be drug-testing employees?

There’s nothing like a growth industry to excite investors and financiers. Just look at the cannabis business, which is expected to generate hundreds of billions of dollars worldwide in the coming years and is already on a streak in the stock market. Financing companies that grow weed or make related products should be a no-brainer for banks. Yet doing so in the US is risky. Not ... Read More »

After IL&FS Episode, Govt Fears Default from NBFCs, Housing Finance Firms: Report

Department of Economic Affairs (DEA) fears significant default from large non-banking finance companies (NBFC) and housing finance companies in the next six weeks if no additional liquidity support is provided to these firms, MoneyControl said on Friday. The DEA, in a letter to the Ministry of Corporate Affairs, described the financial situation as “still fragile” when discussing the financial stability ... Read More »

As cyber risks grow, insurance firms tap business opportunity

A total of 13,083, 16,468 and 13,653 instances of frauds involving credit cards, debit cards and internet banking during the year 2014-15, 2015-16 and 2016- 17, respectively, were discovered, according to the Reserve Bank of India. Photo: iStockphoto New Delhi: Natwar Sharma, 43, woke up to nine text messages from his bank in December. The messages informed the Delhi-based executive that ... Read More »

How technology is adding value for firms

Cloud computing technology is the No.1 priority for accounting firms and their clients for 2018 and beyond, based on data provided to Fairfax Media. An astonishing 83 per cent of Australian chartered accounting firms are investing in cloud computing technology for their clients, with 81 per cent investing in the same technology for themselves. “Cloud computing presents many benefits for us,” ... Read More »

Google Glass Enterprise Edition Officially Unveiled, Now Available to More Firms

HIGHLIGHTS The new wearable features several improvements Google Glass 2.0 is lighter and more comfortable It features more power and better battery life Google Glass 2.0 or Google Glass Enterprise Edition has been tipped for a while, and on Tuesday, the search giant finally made the wearables official. Called Google Glass Enterprise Edition, the new glasses have seen improvements to the design and ... Read More »

New housing finance firms eye affordable housing space

Lodha Ventures, Centrum Housing Finance, JM Financial and Piramal Finance have either started giving out home loans this year or are awaiting licences to begin operations. Photo: Mint Bengaluru: New entrants in the mortgage lending space are focusing on providing small home loans to customers in cities and small towns, aided by government schemes and initiatives to promote affordable housing. New ... Read More »

Expect M&A from all big oil firms: Evercore’s Terreson

When it comes to dealmaking among big, integrated oil companies, it’s not a question of who will do deals this year, but when, according to top-rated energy analyst Doug Terreson of Evercore ISI. Mergers and acquisitions activity in the U.S. energy patch fell to a five-year low in the final quarter of 2015 as oil and gas companies preserved cash ... Read More »