Client referrals and pension transfers were seen as the biggest opportunity areas by financial advisers in 2019, according to a survey by fintech Intelliflo. For 2020 recruiting new staff has replaced pension transfers as the second most popular opportunity for companies, with pension transfers slipping to third place. Existing clients recommending new clients and pension […]
Archives for 2020
More than 600 convicted in 2019 for tax crimes
HMRC convicted more than 600 individuals for tax crimes in 2019 and started more than 610 new investigations. The tax authority says that its Fraud Investigation Service brought in £5bn during the year through civil and criminal investigations, in line with previous years. Convictions and probes covered every type of financial crime including tax […]
XpressBees secures $10M funding from Alibaba
Logistics startup XpressBees has raised Rs 71.2 crore ($10 million) in fresh funding from existing investor Alibaba, regulatory documents filed by the company showed. This is the latest investment by the Chinese e-commerce firm, whose funding activity in India has slowed sharply in the past one year. Busybees Logistics Solutions, which runs XpressBees, issued 9,317 […]
Other people’s money was the tech innovation of the decade
By Shira Ovide Technology changed every molecule of life in the 2010s. Airbnb, Uber and other young companies morphed the physical complexion of cities and how they work. The growing prevalence of e-commerce, fast internet connections and smartphones in everyone’s pockets shifted how we shop, behave and are entertained — with both good and bad […]
8.70% Tata Capital Housing Finance Ltd NCD – January 2020 – Should you Invest?
Tata Capital Housing Finance Ltd. has come out with public issue of non-convertible debentures (NCD) offering up to 8.70% interest rate. The issue opens on January 7 and closes on January 17, 2020. Tata Capital Housing Finance NCD – Significant Points: Offer Period: January 7 to 17, 2020 Annual Interest Rates for Retail Investors: 8.01% […]
At SoftBank’s jewel, Oyo, a ‘toxic’ culture and troubling incidents
By Vindu Goel and Karan Deep Singh Oyo, a startup that offers budget hotel rooms, has grown into one of India’s most valuable private companies and aims to be the world’s largest hotel chain by 2023. But at least part of Oyo’s rise in India was built on practices that raise questions about the health […]
9.10% Shriram Transport Finance NCD – Jan’20 – Should you Invest?
Shriram Transport Finance Company Ltd, one of the largest asset financing non-banking finance companies for commercial vehicles has come out with public issue of non-convertible debentures (NCD) offering up to 9.10% interest rate. The issue opens on January 6 and closes on January 22, 2020. Shriram Transport Finance NCD – Significant Points: Offer Period: January […]
Amazon finds a way around a West African muddle
In a building on West 147th Street in Upper Manhattan, the mail carriers know apartment 1A. Boxes arrive at all hours, ordered from websites around the world. Throw pillows, diapers, car parts, cellphones, high heels and AirPods pile up in the foyer, but none of the items were bought by the person to whom they […]
Internet suspension takes a toll on online transactions
(Representative Image) Ajay Pandey, a Lucknow-based photographer who runs a micro ATM within the premises of his small studio in the city, is a distraught man. Almost six days of internet suspension in the state capital from December 19 has left a huge dent in his monthly commissions from falling financial transactions. “It so happened […]
Alexa, tell the kids to ‘eat right’: FSSAI
In a first, the national food regulator has tied up with e-commerce giant Amazon’s virtual assistant Alexa and is setting up ‘eat right’ labs in schools, looking to include children in the dialogue on healthy and safe eating. “A key constituent of the ‘eat right’ campaign is towards children and to address this audience, there […]