Tue, December 3, 2024

by: Bill Williamson

HELB, National Treasury Advertise Top Managerial Job Openings for Kenyans, Monthly Salary

The Higher Education Loans Board (HELB) and the National Treasury invited applicants for the position of Chief Executive Officer and Director General, respectively.

by: Bill Williamson

Average Net Worth by Age: How Do You Measure Up?

Have you surpassed the average net worth of your peers? Get tips from financial advisers on how to grow you wealth over time.

by: Bill Williamson

Pat Gelsinger and Carlos Tavares had the same big problem: Morning Brief

So far, 2024 is pacing to have a record number of CEOs out of a job. This week, two big ones — from Intel and Stellantis — illustrated a key point: It's hard to keep your job when your stock is down big.

by: Bill Williamson

Palestinians File German Complaint on Media Giant Axel Springer's Business in Israeli Settlements

German media giant Axel Springer is facing regulatory complaint by Palestinians about its business in Israeli settlements in the West Bank.

by: Bill Williamson

30 Under 30 Finance 2025: From Fintech's Top Founders To Wall Street's Best Dealmakers

These entrepreneurs, traders and investors are making an outsized impact in fintech, crypto and traditional financial services.

by: Bill Williamson

Qatar-Kazakhstan investment projects exceed $20bln

by: Bill Williamson

Google Worried Israeli Contract Could Enable Human Rights Violations

The tech giant, which has defended the deal to employees who oppose supplying Israel's military with technology, feared the project might damage its reputation.

by: Bill Williamson

EPFO claim rejected or 'returned': Know why and how to fix errors

Correct deficiencies: For returned claims, EPFO will indicate the errors or missing information. These could include incorrect details, missing documents, or discrepancies in personal information. Make necessary corrections by updating your details, documents, or any required information through the EPFO portal.

by: Bill Williamson

GDP declines by 0.3% in third quarter

South Africa's economy has unexpectedly shrunk by 0.3 percent in the third quarter. Agriculture, forestry and fishing industries decreased by 28.8 percent. The transport, storage and communication industry also decreased by 1.

by: Bill Williamson

Will Luxury & Sin Goods See A Tax Hike In December, 35% GST On Tobacco, Aerated Drinks?

The Group of Ministers (GoM) on Rate Rationalisation, has proposed a "different tax treatment" for sin goods such as cigarettes, tobacco, and pan masala, according to finance ministry sources. Sources Say GoM proposes a hike in GST on aerated drinks,

by: Bill Williamson

Be the Future: Malaysia's First Philosophy, Politics & Economics Degree

As the world becomes increasingly interconnected, future leaders must tackle complex challenges in geopolitics, economics, and ethics with a multidisciplinary mindset.

by: Bill Williamson

Stellantis considers Picat and Filosa for CEO, says source

The board of Stellantis is considering its head of North American operations, Antonio Filosa, and procurement chief Maxime Picat as internal candidates for the CEO position, a source close to the matter said on Monday.

by: Bill Williamson

Jack Nathan Health Closes Sale of Canadian Business and Positions for Global Growth

by: Bill Williamson

France faces 'moment of truth' with government on brink of collapse

PRIME Minister Michel Barnier warned that France has reached its "moment of truth," as far-right leader Marine Le Pen is set to join a left-wing coalition to topple his government as soon as this week.

by: Bill Williamson

Lighthouse Canton Releases Venture Debt Report, Highlighting Growth of Non-Dilutive Financing for Startups in India

Lighthouse Canton has released an in-depth report titled "Silent Bloom: Venture Debt's Growing Influence." on India's startup ecosystem and its venture debt funding landscape. The global investment institution's report highlights the growing importance of venture debt as a financing tool in India's startup ecosystem.

by: Bill Williamson

REITs in India: 24% returns and 60% of office space ready for investment

Embassy REIT, Mindspace REIT, Brookfield India REIT, and Nexus Select Trust REIT generated returns of 24%, 18%, 6%, and 39% respectively since their inception

by: Bill Williamson

Upper Crust owner SSP posts 23% rise in annual profit

by: Bill Williamson

Egypt's non-banking finance hit $13bln in 9 months: FRA

by: Bill Williamson

Indonesia offers six oil and gas blocks in second 2024 auction

by: Bill Williamson

Buy 'Magnificent Seven' on Corrections, NYU's Damodaran Says

The "Magnificent Seven" stocks are a buy during corrections as most of them will keep generating money, according to a New York University professor known for his expertise on valuations.

by: Bill Williamson

Commonwealth bank announces major changes to everyday accounts and additional cash withdrawal fees

Commonwealth bank customers will now be subject to a $3 fee when withdrawing their cash with major new changes approaching in the new year. Customers of Commonwealth Bank Australia will now be subject to a $3 fee when simply withdrawing cash.

by: Bill Williamson

Will RBI announce a rate cut? MPC meet date, time, and what to expect

The December MPC will convene from 4 to 6 December, with the decisions announced live by Governor Shaktikanta Das at 10 AM on December 6. The announcement can be streamed live on the RBI's YouTube, Facebook, and X platforms. Updates will also be available on the Business Standard website and social media platforms.

by: Bill Williamson

Prosus invests $100 million in Vastu Housing Finance, acquires minority stake

by: Bill Williamson

Exclusive: Netflix star Ryan Serhant raises $45 million to disrupt the real estate brokerage business

The reality TV personality is starting his next act as a tech entrepreneur with backing from Camber Creek and Left Lane Capital.
Mon, December 2, 2024

by: Bill Williamson

Banks behind troubled Brazil coffee traders could take $181 mln hit

Banks which financed two Brazilian coffee traders that last week sought court-supervised debt restructuring have a total of 1.1 billion reais ($181.6 million) in credit with the firms, court documents seen by Reuters showed on Monday.

by: Bill Williamson

Research shows business outlook in Wales is recovering

by: Bill Williamson

Planet Partners with Laconic to Deliver AI-Powered Forest Carbon Insights, Aiming to Enable Informed Carbon Credit Trading

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that they have signed a multi-year, seven-figure deal with Laconic, a company leading a global shift in climate finance,

by: Bill Williamson

Budgeting isn't for everyone, but 'intuitive spending' has its problems too

Financial pros discuss whether strict budgets are toxic or if flexible financial habits, like "intuitive spending," offer better long-term results.

by: Bill Williamson

How Dick's Sporting Goods Is Succeeding

We also chat with Christine Benz, the author of "How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement."

by: Bill Williamson

Macy's Multimillion-Dollar Error

by: Bill Williamson

Tax hikes push wealthy individuals to exit the UK - what are the risks of relocating?

Increasing numbers of wealthy individuals are exiting the UK in the aftermath of the Autumn Budget. Chancellor Rachel Reeves unveiled £40 billion of tax rises in her first Autumn Budget in October.

by: Bill Williamson

Stock market today: S&P 500, Nasdaq close at record highs as tech surges to kick off December

by: Bill Williamson

Govt lowers FY25 GDP growth forecast to 5.25%, estimates inflation at 9%

by: Bill Williamson

2024 Tech And IT Recap: Transformations, Trials, And Triumphs

Explore 2024's pivotal tech moments, from AI advancements to cybersecurity crises, cloud innovations, and workforce shifts. Key lessons shaping 2025 and beyond!

by: Bill Williamson

$3.5B in Liberals' COVID business loans went to ineligible recipients, auditor general finds

The audit found that the program disbursed loans quickly and in a timely manner during the pandemic. It also found that the vast majority (91 per cent) of loan recipients audited were eligible, though the remaining nine per cent of ineligible recipients represented a $3.5 billion expenditure.

by: Bill Williamson

The Most-Searched Tax Deductions of 2024

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Searching for tax deductions is a way to learn how to save money.

by: Bill Williamson

'Moneyball' and 'Big Short' author Michael Lewis says elite rich Americans often overlook these factors that are key to their success

"There's a natural tendency for people to tell the story of their lives, of their success, forgetting all the accident that was involved, all the help they got, all the gratitude they should feel," said "Moneyball" and "The Big Short" author Michael Lewis on an episode of the Emmy-nominated interview series, "Brief But Spectacular."

by: Bill Williamson

Forget Cyber Monday, Stocks Are On Sale Today

While I'm a frugal person by nature, even I am struggling to avoid the siren call of the Cyber Monday deals. At moments like this, I try to remember that the greatest gift you can give yourself is financial stability—today and for the future.

by: Bill Williamson

Exclusive: Worldline attracts early stage interest from private equity firms, sources say

by: Bill Williamson

GoM proposes fresh band: 35% GST slab likely for tobacco, aerated drinks

"The GoM on rate rationalisation has completed its report, which proposes major adjustments to tax rates on 148 items, with a particular focus on the textile industry"

by: Bill Williamson

ADFW unveils full agenda for 2024 edition, one of the most impactful financial gatherings of the year

Under the esteemed patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, and Chairman of the Executive Council, Abu Dhabi Finance Week (ADFW) has unve

by: Bill Williamson

Costco to end book sales in hundreds of stores. Will Michigan stores see changes?

Book sections at 500 of Costco's 600 stores will be removed, according to Yahoo Finance. Instead of selling the books year-round, shoppers may only spot them at Costco during the holiday season, from September to December, the New York Times reported in June.

by: Bill Williamson

Unlocking Geothermal Energy: Financial Risks and Community Pushback Slow Progress

by: Bill Williamson

Ottawa gave Accenture too much control over $313-million in CEBA sole-source contracts, auditor finds

Much of the responsibility for the pandemic business loan program was outsourced to consulting firm Accenture, Canada's auditor-general has found, and not enough was done to manage the contracts

by: Bill Williamson

Volkswagen is facing its first major strike in years. Here's what to know

Volkswagen (VWAGY) workers across the automaker's home country have gone on strike to protest the company's decision to change labor agreements and — potentially — close factories. Here's what you need to know.

by: Bill Williamson

Aquarius Daily Horoscope Today (Jan 20- Feb 18), December 2, 2024: Positivity will drive you forward!

Aquarius Money Horoscope Today Profits will increase, and plans will bear fruit. Avoid greed and temptation, and keep up the pace. Aquarius Career Horoscope Today In your career and business, you will maintain cooperation from all sides.

by: Bill Williamson

Hurdles slow geothermal energy projects in SE Asia

Providing round-the-clock energy, using minimal space and considered a clean source of power — geothermal energy seems like an ideal option for countries like Indonesia and the Philippines, where the potential is high,

by: Bill Williamson

Stock market today: Nasdaq touches all-time high, S&P 500 holds near record to kick off final month of banner 2024

Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/90.BMDkfsfZ.js

Lighthouse Canton Releases Venture Debt Report, Highlighting Growth of Non-Dilutive Financing for Startups in India

Lighthouse Canton has released an in-depth report titled "Silent Bloom: Venture Debt's Growing Influence." on India's startup ecosystem and its venture debt funding landscape. The global investment institution's report highlights the growing importance of venture debt as a financing tool in India's startup ecosystem.

The article from Business Standard discusses a report by Lighthouse Canton titled "Venture Debt Report: India," which highlights the increasing significance of venture debt as a non-dilutive financing option for startups in India. The report notes that venture debt has become crucial for startups looking to scale without diluting equity, especially in a market where traditional venture capital funding has become more cautious. It details how venture debt provides startups with the necessary capital to extend their runway, finance growth, and manage cash flows effectively. The report also covers the evolution of the venture debt market in India, the key players involved, and the benefits such as lower cost of capital compared to equity, flexibility in repayment, and the preservation of ownership. Additionally, it mentions the challenges and risks associated with venture debt, including the need for startups to have a clear path to profitability or subsequent funding rounds to manage debt obligations.

Read the Full Business Standard Article at:
https://www.business-standard.com/content/press-releases-ani/lighthouse-canton-releases-venture-debt-report-highlighting-growth-of-non-dilutive-financing-for-startups-in-india-124120300295_1.html


Similar Business and Finance Publications
Despite 2023 marking the first decline in the volume and value of venture capital investment in Africa after a decade of growth, a