Sun, December 1, 2024

by: Bill Williamson

Will develop state by creating wealth, benefiting poor: Andhra CM Naidu

Addressing the local public, the CM promised to transform Rayalaseema into a horticulture hub, adding that special funds would be allocated for Rayadurgam municipality after formulating an action plan

by: Bill Williamson

Where Will Block Be in 5 Years?

by: Bill Williamson

Temasek among cornerstone investors for LeapFrog's latest fund

TEMASEK is among the cornerstone investors for the latest fund from LeapFrog Investments, a private equity firm that focuses on sustainability-related investments in emerging markets. Read more at The Business Times.

by: Bill Williamson

The grim ghost of crypto future

by: Bill Williamson

Two-pot retirement system: keep your hands out of this cookie jar!

A few extra rands to spend over the festive season should not come from your savings pot under the two-pot retirement system.

by: Bill Williamson

What days will the SSDI payment be made for December 2024? These days you will receive disability benefits

by: Bill Williamson

Warning over cybercrime surge in South Africa this holiday season

Cybersecurity experts are warning of a rise of Business Email Compromise schemes as the year draws to a close.

by: Bill Williamson

40 per cent of Ugandans live below the poverty line

Despite various poverty alleviation efforts, challenges such as corruption, inadequate financial literacy, and dependency continue to hinder progress

by: Bill Williamson

The BIBF and Tamkeen launch Sales Graduate Development Programme for Bahraini job seekers

by: Bill Williamson

RevFin eyes financing 2 mn vehicles, Rs 20k cr loan payment in 5 yrs: CEO

Electric vehicle financing digital platform RevFin is aiming to finance 20 lakh vehicles in the next five years, translating to loan disbursements of nearly Rs 20,000 crore, according to the company's founder and CEO Sameer Aggarwal.

by: Bill Williamson

5-Day Working Week For All Bank Employees Likely From December

The long-standing demand for a 5-day work week in India's banking sector is nearing fruition. Currently, bank branches remain closed on second and fourth Saturdays, along with all Sundays. However, under the proposed system,

by: Bill Williamson

Can you exceed your credit card limit? Pros, cons, and tips to manage it

Sat, November 30, 2024

by: Bill Williamson

Universal healthcare - lessons from the past

My husband and I have begun to do our research to determine where we would like to retire. Bermuda is definitely high on the list, but there are several factors that are not ideal for retirees, one

by: Bill Williamson

'Not exactly a political powerhouse': Conservatives left scratching their heads at Trump's labor pick

by: Bill Williamson

Tax Software vs a Tax Professional: Which Should You Choose?

How complex are your taxes? Here's how you can decide whether you can go the easy route or need the help of a pro.

by: Bill Williamson

Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city

by: Bill Williamson

India Inc thrilled over FinMin's proposal to hike FDI limit in insurance sector to 100%

by: Bill Williamson

French finance minister says budget can still be improved

French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions.

by: Bill Williamson

Unlocking Africa's Economic Potential: Sean Michael Brehm On The Role Of Decentralized Edge And Quantum Computing

Africa, rich in natural resources yet hindered by infrastructure challenges, is poised for a technological revolution that could transform its role in the global economy. With the global commodities market set to grow significantly in the coming years,

by: Bill Williamson

TVS Holdings receives RBI approval for acquisition and change in management of Home Credit India Finance

by: Bill Williamson

FM Sitharaman urges regional rural banks to onboard customers to digital services like mobile banking by Dec 2024

by: Bill Williamson

JSW MG surges in sales: Is this the disruption electric car market needs?

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

by: Bill Williamson

Real estate query: Leasehold vs Freehold Property - What's the difference and which is more beneficial?

A leasehold property is essentially a property that a lessee or tenant agrees to rent from a lessor for a predetermined period, while in freehold property, the owner has absolute and permanent ownership of both the land and the building.

by: Bill Williamson

Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market

The approval by the New York Department of Financial Services means that Ripple will be allowed to legally offer its stablecoin through a so-called limited purpose trust charter.

by: Bill Williamson

Cyprus Business Now: tourism performance, government surplus, SME funding

Tourism revenue in Cyprus reached €454.1 million in September 2024, according to the statistical service's passenger survey. This marks a 6 per cent increase compared to September 2023, when tourism revenue stood at €428.

by: Bill Williamson

Tax Query: Long and short of residential capital gains tax

by: Bill Williamson

Meet 9 influential Africans - Report

Africa is home to some of the brightest minds who have not only excelled in their respective fields but have also made

by: Bill Williamson

Lombard Odier indicted in Switzerland for money laundering

Swiss prosecutors on Friday indicted private bank Lombard Odier and one of the firm's former employees for "aggravated money laundering", in a rare charge of such magnitude against one of Switzerland's biggest and oldest wealth managers.

by: Bill Williamson

Help! I have a job and side hustle making Sh82,000 per month, yet I live hand-to-mouth

In the meantime, focus on expanding your business for higher returns ... Invest in improving your skillset and learn more about personal finance to manage your money effectively. Got money questions?Send us an email at [email protected] and leave ...

by: Bill Williamson

18 Indian billionaires who built their wealth in Africa

Here are 18 Indian billionaires who turned Africa into their land of opportunity: Naushad Merali, Sunil Vaswani, Narendra Raval
Fri, November 29, 2024

by: Bill Williamson

India Inc thrilled over Finance Ministry's proposal to hike FDI Limit in insurance sector to 100%

Insurance industry welcomes Finance Ministry's reform proposals, including raising FDI limit to 100%, seeking stakeholder feedback for amendments.

by: Bill Williamson

ChatGPT Operator: How Contextual And Specialized AI Transform Work?

By integrating seamlessly with external tools and providing targeted solutions, these AI agents are set to redefine productivity and problem-solving across industries.

by: Bill Williamson

Zenith Bank expand global footprints with official commissioning of Paris Branch

by: Bill Williamson

Santander's European Co-Head of Leveraged Finance Leaves Bank

Louis L'Heureux, co-head of Banco Santander SA's leveraged finance team in Europe, has left the firm, according to people with knowledge of the move.

by: Bill Williamson

Uganda government to wholly finance $4 billion oil refinery through equity

At the end of the PFA, the government abandoned the private companies and sought public partners for the refinery.

by: Bill Williamson

No TDS on cash withdrawal by foreign representations from Dec 1: Income Tax department

As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in cash during a fiscal year without having filed income tax returns for the previous three Assessment Years.

by: Bill Williamson

Meet Top 10 Companies Revolutionizing the Market and Transforming Their Sectors

In a dynamic and ever-evolving business landscape, 2024 is witnessing the rise of innovative companies shaping the future across diverse industries. From tech-driven solutions to creative storytelling,

by: Bill Williamson

Jack Ma returns to Alibaba campus, as China moves to boost business confidence

Jack Ma, founder of Alibaba Group Holding, on Friday visited the company's campus in Hangzhou, capital of eastern Zhejiang province, in a show of support for the e-commerce empire he created a quarter of a century ago,

by: Bill Williamson

Turnarounds uncertain at Macy's, Kohl's, Nordstrom as department stores enter the holiday season

Plus, off-price retailers such as Ross Stores (ROST) and TJX Companies (TJX) owned TJ Maxx and Marshall's, "are taking sales away from department stores constantly," Swartz added. But, the legacy department stores have still fallen behind digitally and questions surround whether they'll remain public companies in the future amid evolving shopper patterns and high operating costs.

by: Bill Williamson

Nigeria and France sign infrastructure and finance deals

Nigeria and France have signed two agreements to boost infrastructure development and food security while Nigerian lenders Zenith Bank and United Bank for Africa (UBA) expanded their operations into France.

by: Bill Williamson

Dubai unveils major new strategies for innovation, resilience and food security

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, approved the series of new initiatives to enhance Dubai's innovation ecosystem and strengthen its preparedness for future challenges.

by: Bill Williamson

India Q2 FY25 GDP Growth Data 2024 updates Live: Economic growth slows to 5.4%

Get all real-time and latest live news on India's Gross Domestic Product (GDP) growth in 2nd quarter of the 2024-25 Financial Year.

by: Bill Williamson

Adani saga a week on: market cap loss, negative outlook, cancelled deals & a fightback by group

US indictments landed a blow on Adani Group, with international deals being reviewed and ratings agencies changing outlook. But recent efforts have helped it claw back market cap.

by: Bill Williamson

GDP report: international business powers island's economy

Bermuda's international business sector accounted for almost a third of the island's gross domestic product last year, the economy minister said yesterday. Outlining the 2023 GDP report, Jason

by: Bill Williamson

NBK-Egypt reports $104.8mln in net profit by the end of Q3 2024

by: Bill Williamson

US business community calls for deeper China-US economic ties

by: Bill Williamson

Breaking barriers in finance: How ATME is set to reimagine regional capital markets with RWA tokenisation

Bahrain's regulated digital exchange dedicated to tokenised RWAs. Licensed by the Central Bank of Bahrain (CBB), ATME seamlessly integrates blockchain technology with traditional financial instruments to offer a secure and compliant digital marketplace that connects businesses seeking efficient funding pathways to fuel growth with investors exploring unique portfolio diversification opportunities.

by: Bill Williamson

15 up-and-coming AI-powered fintech startups, according to top VCs

Find out which AI-focused fintech startups are capturing VC attention, offering innovative solutions in finance.

TVS Holdings receives RBI approval for acquisition and change in management of Home Credit India Finance

- appointment of K Gopala Desikan as Non-Executive Director and B Sriram and Dr. Deepali Pant Joshi as Independent Directors of Home Credit. Disclaimer: No Business Standard Journalist was involved in creation of this content

TVS Holdings has received approval from the Reserve Bank of India (RBI) for the acquisition and change in management of Home Credit India Finance. This approval allows TVS Holdings to proceed with its acquisition plans, marking a significant step in its expansion strategy within the financial services sector. The acquisition is part of a broader trend where Indian conglomerates are increasingly investing in financial services to diversify their portfolios and leverage the growing consumer credit market in India. The deal, once completed, will enable TVS Holdings to enhance its presence in the consumer finance space, potentially integrating Home Credit's extensive network and expertise in consumer lending.

Read the Full Business Standard Article at:
https://www.business-standard.com/markets/capital-market-news/tvs-holdings-receives-rbi-approval-for-acquisition-and-change-in-management-of-home-credit-india-finance-124113000371_1.html