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‘A Financial Assault’ – Khan to Expand ‘Low Emission Zone’ to All London

Leftist London mayor Sadiq Khan’s scheme to extend the low emission tax zone to the entirety of the British capital has been branded as an “assault” on ordinary working people. From August of next year, the Ultra Low Emissions Zone (ULEZ) that was introduced in 2019 in Central London will be extended throughout the rest of … Read more

Former Nykaa CFO Arvind Agarwal joins PayU India as chief financial officer

Days after the beauty e-retailer Nykaa announced the departure of its chief financial officer Arvind Agarwal, he has accepted a position as CFO at Prosus-owned PayU India. Confirming the development, PayU India said in a statement, “India is the largest market for PayU and we are witnessing unprecedented growth in this region. … Read more

M&M Financial Services’ board approves Diwakar Gupta’s appointment as Ind Director

Mahindra & Mahindra Financial Services on Friday said its board has approved the appointment of Diwakar Gupta as an Independent Director with effect from January 1, 2023. Gupta (69), a seasoned banker, have over 48 years of experience in banking and financial services sector. The company’s board on Friday “approved and … Read more

Michigan police hand out turkeys for Thanksgiving to ‘alleviate some financial strain’ amid the holidays

In honor of Thanksgiving 2022, law enforcement is helping residents complete their Thanksgiving dinner by handing out free turkeys. With inflation impacting holiday feasts this year, officers at the Jackson Police Department in Michigan are doing what they can to help their community. On Wednesday, Nov. 16, hundreds of individuals waited in line in hopes … Read more

Financial measures seek to stabilize real estate

A property project under construction in Fuzhou, Fujian province. (LYU MING/CHINA NEWS SERVICE) China unveiled 16 supportive financial measures on Wednesday to ensure steady development of the real estate sector, a key step for the country to stabilize market expectations for the sector’s health, experts said. Efforts should be made to stabilize lending to real … Read more

JM Financial ARC plans recoveries worth Rs 1,000 cr in 18 months

JM Asset Reconstruction Company Ltd (ARC) plans to make collections worth Rs 1,000 crore through recoveries from stressed assets in the next 18 months and get back to growth after that. The company added Rs 600 crore in assets in the last six months, but is still making recoveries from earlier acquisitions. … Read more

Popular tax prep software sent financial information to Meta: report

Meta (formerly Facebook) corporate headquarters is seen in Menlo Park, California on November 9, 2022. Josh Edelson | AFP | Getty Images Popular tax prep software including TaxAct, TaxSlayer and H&R Block sent sensitive financial information to Facebook parent company Meta through its widespread code, known as a pixel, that helps developers track user activity … Read more

Fidelity National Financial to acquire TitlePoint from Black Knight

Fidelity National Financial (FNF), a provider of title insurance and transaction services to the real estate and mortgage industries, has agreed to acquire TitlePoint from Black Knight for $225 million in cash. TitlePoint enables searches for detailed property information, images of documents and maps from hundreds of counties across the US. It has … Read more

Jio Financial Services could become fifth largest fintech firm: Report

Jio Financial Services (JFS), owned by Reliance Industries and set for demerger and listing, could become India’s fifth largest financial services firm, said a report by Macquarie Research on Tuesday. HDFC Bank, State Bank of India, ICICI Bank, and Axis Bank are the four top companies in the business. JFS has significant … Read more

Generali GC&C reveals global head of financial lines underwriting

International insurer Generali’s property-casualty unit, Global Corporate & Commercial (GC&C) has announced the appointment of Benedetta Marcato as global head of financial lines underwriting within the insurance department led by Hayden Seach, GC&C global head of insurance. Marcato has more than 10 years of experience in the insurance industry. Prior to taking her … Read more