Category: Finance

PNB Housing Finance issues shares worth Rs 3.09 lakh to employees as stock options | PNB Housing Finance Limited allotted 30,904 shares worth Rs 3,09,040 to employees as stock options. The shares, worth Rs 10 each, will be allotted to employees under distinctive numbers 16,87,93,265 to 16,88,24,168 under the ESOP Scheme 2016 and RSU Scheme […]

The rapid adoption of digital payments has become a great challenge for finance teams. According to one report, teams spend as much as 40% of their time processing transactions. To blame is disparate, unstructured data, they say. In a separate survey, 48% of teams peg fragmented data as the largest impediment to closing their books. […]

LAHORE: Deputy Commissioner Lahore Rafia Haider has said the business community is the engine of growth as it generates employment opportunities and revenue for the government. The issues being faced by the business community will be resolved in collaboration with the Lahore Chamber of Commerce and Industry. She was speaking at the Lahore Chamber of […]

ET Global Business Summit 2023 News Live: India has entered the ‘Amrit Kaal’ of its independence. The next 25 years will not only be a period of national development and glory but also an occasion when the country will play an important role in giving direction to the rest of the world. To further the […]

By Gloria Methri Today Business loan Credit Scoring Europe FinTech Froda, digital challenger bank Lunar, and Visa have teamed up to launch a new lending solution to help businesses access financing for their growth initiatives. The solution, which utilizes push-payment functionality for financing, aims to reduce transaction times to mere seconds that would typically have taken months. Under the partnership, […]

WASHINGTON : U.S. Treasury Secretary Janet Yellen will travel to India next week for G20 finance meetings that will focus on unblocking distressed-country debt restructuring, boosting support for Ukraine and reforming multilateral development banks, a Treasury official said. Yellen will join fellow G20 finance ministers and central bank governors in Bengaluru on Feb. 23-25, spanning […]

SK Lubricants changed its name to SK Enmove on Dec. 1, 2022. The name change reflected the company’s push for a transformation from a lubricant producer to an “energy saving company.” The following is an interview that the company’s new CEO Park Sang-kyu recently had with SKinno News, the news website of SK Innovation, the parent […]

Both funders and clients need to be able to measure the impact of their credit activities While its contribution to GDP may have declined, the South African mining and resources sector is a systemically important part of the domestic economy. As such, continued innovation from operators, explorers and financiers will be key in driving the […]

DUBAI—The United Arab Emirates’ national energy company plans to sell a stake of about 4% of its natural-gas business in an initial public offering that it hopes will raise $2 billion, as Middle East petrostates increase plans to supply Europe. The Abu Dhabi National Oil Co., or Adnoc , will sell more than 3 billion […]

[SM ENTERTAINMENT]   SM Entertainment is considering selling its subsidiaries in order to concentrate on its core music businesses amid the conflict between its founder and CEOs.   “We are currently reviewing whether to sell our non-primary assets, which was one of the terms of agreement we had with Align Partners Capital Management on Jan. […]