Tag Archives: in

Profiles In Innovation: Leading At The Edge Of Education

Innovation requires adding method to creativity, and innovation in the education sector particularly demands this. In our last piece we discussed the massive complexities of the sector including the fact that innovation takes place in 132,000 separate localities and that it necessitates changes in the interrelated parts that make up the core design of schools. In this piece we would like ... Read More »

Hero Corp could buy 10-15% stake in Max Financial Services Ltd

NEW DELHI: Sunil Kant Munjal’s Hero Corp is set to buy a significant minority stake from Analjit Singh in Max Financial Services LtdNSE -1.35 %, said two people familiar with the development. The listed Max Financial houses Max Life Insurance, the largest non-bank private life insurer in the country. Singh, who has pledged more than 90% of the promoter stake in Max Financial, ... Read More »

Nissan names new finance chief, some managers to leave in latest shake-up

TOKYO- Nissan Motor Co on Friday appointed American Stephen Ma as its next chief financial officer and said Hitoshi Kawaguchi and other veteran executives were stepping down, a shake-up that one source said marked a “generational change” at the automaker. The announcement comes just weeks after the Japanese company named the head of its China business, Makoto Uchida, as its next chief executive. Following the ... Read More »

No spending increase on education in Alberta budget

. These are the draft plans for the new Paul Kane School. The province plans to maintain its capital commitments for new and modernized schools. This is a developing story and will be updated as information and reaction from stakeholder groups becomes available. Spending on education in Alberta won’t increase for the next four years as the provincial government works ... Read More »

Morocco to issue international bond in November: Finance Minister

RABAT (Reuters) – Morocco plans a first international bond in four years in November, worth about $1 billion, but will wait before deciding on the exact amount, the currency and the date of issue, the Finance Minister said on Tuesday. Moroccan Minister of Finance Mohamed Benchaaboun speaks during a news conference in Rabat, Morocco October 22, 2019. REUTERS/Youssef Boudlal “We ... Read More »

Overseas firms looking to invest in Ujjivan Small Finance Bank via IPO

Overseas investment firms such as Elevar Equity Mauritius and NewQuest Asia Investments may be looking to invest in Ujjivan Small Finance Bank through its Rs 1,200-crore initial public offering, which is likely before November. The two are existing investors in Ujjivan Financial Services–the publicly listed holding company of the bank–along with International Finance Corporation and CX Partners. “Many existing investors of Ujjivan are showing interest ... Read More »

Quantum computer bests all conventional computers in first claim of ‘supremacy’

The age of quantum computing may have begun not with a flashy press conference but with an internet leak. According to a paper posted briefly–and presumably mistakenly–to a lab site, physicists at Google have used a quantum computer to perform a calculation that would overwhelm the world’s best conventional supercomputer. Although the specific computation has no known use, the result ... Read More »

Top MBA Colleges In Europe For Banking, Finance, And Economics, 2019

Every country works with a strong economy and the scope for it has become one of the important aspects to study in management. Managing finance and having a thorough understanding of economics is one of the sough-after fields in the MBA. Moreover, every firm in the world requires a strong financial manager for sure. As a result, the demand for ... Read More »

Space Startup Raises $7 Million In Quest To Harness Internet Of Things

Fleet Space Technologies was among the customers on this Rocket Lab launcher that flew into space in November 2018. ROCKET LAB An Australian startup’s new round of funding will help it grow its satellite network quickly to keep up with the growing need to support devices connected to the Internet of Things, its CEO said. Fleet Space Technologies recently raised ... Read More »

Small finance banks need minimum ₹200 crore capital in on-tap licence regime

Mumbai: The Reserve Bank of India on Friday allowed payments banks to apply for small finance bank (SFB) licences, provided they meet the criteria. According to the new draft guidelines for on-tap licencing of private sector SFBs, the promoter of a payments bank is eligible to set up an SFB, provided both banks come under the non-operating financial holding company (NOFHC) structure. Existing rules do ... Read More »