Category: Finance

GREEN BAY – Vowing to “protect and ensure” Wisconsin’s infrastructure, Gov. Tony Evers Tuesday pledged $1.2 million of state money to fix the beleaguered Ray Nitschke Memorial Bridge in downtown Green Bay. The $1.2 million allocation requires the approval of the Legislature’s Joint Finance Committee. Evers also included $1.2 million in his previous budget, but […]

Anurag Jain reiterated that startups recognised by the DPIIT are out of the purview of the Angel Tax Angel Tax, a tax that unlisted startups are required to pay on the capital they raise through the issue of shares, was reintroduced in Finance Bill 2023 While funding raised by Indian startups declined in 2022 compared […]

Agriculture giant Cargill Inc. has named two women to steer finance and global strategy for the company. Joanne Knight, currently the acting chief financial officer, will step into the role on a permanent basis. She replaces Jamie Miller, the 157-year-old company’s first-ever female CFO, who held the position for 19 months prior to her departure […]

Business leaders took to the stage at Oracle NetSuite’s user conference in London to discuss the obstacles ahead – and how they’re battling them headfirst Despite widespread optimism in the UK business landscape, rising interest rates, inflation and a cost-of-living crisis are forcing businesses to strategise and mitigate the challenges ahead in 2023. Established UK […]

Kerala-based gold loan major Muthoot Finance has said the share of its non-gold business may reach 20% to 25% of the total assets under management in next five years from the current 12%. The contribution of its subsidiaries to the overall consolidated assets under management (AUM) improved slightly to 12% in the third quarter of […]

The Wisconsin School of Business launched a campaign highlighting the unique paths students may take while pursuing their business degrees. While each student’s experience differs slightly, a commonality amongst all University of Wisconsin business students is their ability to lead. The campaign featured twenty students who were selected based on their unique backgrounds and paths, […]

ISLAMABAD :Pakistan expects to conclude talks with the International Monetary Fund over a staff level agreement as soon as this week, the country’s finance secretary said, in a crucial step towards unlocking funds to battle an economic crisis. An IMF mission spent more than a week in Islamabad earlier this month to discuss a policy […]

ASK Finance, the NBFC vertical of ASK Group, has closed a debt transaction of Rs 40 crore with Sowparnika Projects & Infrastructure, an affordable housing builder in Bangalore. The investment has been made in Sowparnika Ashiyana, a mid-income affordable project near Whitefield, Bangalore, with over 750 homes. According to the sources the raised capital will […]

Virginia Beach’s Central Business District Association’s board of directors elected the following individuals to serve as officers for 2023-24: Steve McNulty, executive vice president of Towne Bank, is president. Dan Heatwole, senior vice president and a partner in Ripley Heatwole Company Inc., is vice president. Dave France, vice president at Kimley-Horn and Associates, is secretary. […]

The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the G20 Indian presidency will commence on Wednesday in Bengaluru. Economic Affairs Secretary Ajay Seth and Chief Economic Adviser Anantha Nageswaran told mediapersons in Bengaluru that Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das will jointly chair this meeting. Seth said that […]