Financial Financial News

Buying a piece of property can be a hassle at times especially when you are not aware of all the nuances you must know before striking a deal. Though there are many things to keep in mind while buying any property, one of the key things to check is the property ownership type. It could be freehold or leasehold.

A senior member of Magellan’s new-look investment team and a top shareholder has bowed out of the $1.5 billion listed global equity investment manager.

«Basis this new policy, there will be some impact and I am sure our teams, as well as the industry will work very closely to mitigate as much impact as we can over here,» says Nitish Mittersain, Nazara Tech.You have clarified that it us about 5.2% of your overall revenue on skill based gaming. So take us through the impact on Nazara. As you know, this has just been announced yesterday. And it us a bit early for us to be able to define impact on our skill based real money gaming business.

Having exhausted their savings, Canadians are now struggling on a series of financial fronts, according to latest reading from an ongoing poll that is being released on the eve of the Bank of Canada‘s interest rate decision.

Wealth management technology company InvestCloud is rebuilding its executive leadership team after a spring shakeup.

TORONTO — Intact Financial Corp. estimates its catastrophe losses for the second quarter were around $421 million on a pre-tax basis.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Bajaj Allianz Life Insurance has now come up with a term insurance plan specially designed for people who have diabetes. Touted as Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c, it is a pure term life insurance cover. In case of the death of the policyholder, the sum assured will be paid out to the nominee.

Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash with Wall Street over the amount of capital that they have to set aside to weather tumult.

SVB Financial Group, the parent holding company of failed Silicon Valley Bank, has filed a lawsuit against the Federal Deposit Insurance Corp. in an attempt to recover $1.9 billion in cash that the regulator has withheld since taking over the bank in March.

Another registered investment advisor (RIA) firm has been acquired by the growing nationwide Wealth Enhancement Group.

The Securities and Exchange Commission (SEC) says a former advisor to the families of U.S. Army heroes defrauded them by making unauthorized trades and inappropriate investment recommendations.

A penny saved is a penny earned. How many of us believe in this? We often tend to forget that our savings are our earnings and we can maximise this money to achieve our critical goals.

Indian stock market bulls during Monday morning deals as company has announced value unlocking via demerger of Jio Financial Services. Reliance share price today opened upside and went on to hit intraday high of ₹2756 apiece on NSE, breaching previous life-time high of ₹2755 per share.

Financial News is launching a new list celebrating individuals considered the Twenty Most Influential in Trading and Technology.

NEW DELHI : The Institute of Chartered Accountants of India (ICAI), which selected the financial statements of 101 companies for review in the 12 months to February 2023, will complete the process in a few months, said the chief of the accounting rule maker and audit self-regulator. The exercise will serve as a test of the robustness of statutory auditing at companies.

BBC presenter is facing allegations of inappropriate conduct, with reports suggesting that explicit photos were purchased for £35,000 over a three-year period. The Sun first reported these allegations on Friday, revealing that the payments allegedly began when the individual involved was 17 years old. The mother of the young person involved disclosed to The Sun that her child, now 20 years old, used the money received from the presenter to support a crack cocaine addiction. Expressing grave concern, she warned that her child's life may be at risk if the alleged payments were to continue.

Read more. IdeaForge Technology Ltd's IPO debut was met with a surge in stock prices as its shares listed on the exchanges at a premium. On the National Stock Exchange (NSE), the stock opened at ₹1,300 per share, marking a significant 93.5 percent increase over the issue price.

Sri Lanka's efforts for recovery from the worst economic crisis. Addressing the inauguration ceremony of the Construction, Power and Energy Expo 2023 in Colombo on Friday, India's Deputy High Commissioner Vinod K Jacob said that recent developments in India-Sri Lanka ties have strengthened the friendship and all-around cooperation between the two countries. «We were the first creditor nation in January this year to convey the financing assurances needed to kick start the IMF process. India will continue to play a constructive role as a Co-Chair of the Creditors Committee along with Japan and the Paris Club,» he said. India in January this year became the first country to hand over its letter of support for financing and debt restructuring of Sri Lanka to the International Monetary Fund (IMF). In May this year, 17 countries that have extended loans to Sri Lanka formed an official creditor committee' co-chaired by India, Japan, and France, to discuss Sri Lanka's request for debt treatment. Paris Club is a group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries.

Reliance Industries Ltd, the company said on 8 July. Earlier, Reliance announced its plans to demerge its financial services undertaking into Reliance Strategic Investments Limited (RSIL) and rename and list it as Jio Financial Services Limited (JFSL).

Jio Financial Services Ltd (JFSL), parent company Reliance Industries today announced that Mukesh Ambani's daughter Isha Ambani would join the financial services arm as a non-executive director. The 31-year scion, married to businessman Anand Piramal of the Piramal Group, is already a part of the executive leadership team at Reliance Retail and had also played a pivotal role in conceptualising and launching Jio in 2016.