Tag Archives: In

WeWork could burn through $10 billion rescue finance in 10 months without major costs cuts – AArete

Office-share startup WeWork could blow through its near $10 billion rescue financing package from SoftBank Group Corp in about 10 months unless it quickly implements significant cost cuts, according to Loren Trimble, chief executive officer of AArete, a global consulting firm. “One thing they have to do is get more revenue out of its footprint,” said Trimble, who has combed ... Read More »

10 Powerful Women in Finance Share Their Ideas on Achieving on Gender Parity

Wall Street and the finance industry as a whole used to be an all-white “boys’ club.” We’ve made some progress, but there’s still a lot more work to do to achieve parity. In our series about Women Leading the Finance Industry, we talked to a number of women who are leaders in finance, asking them: “In your opinion or experience, which 3 ... Read More »

Volkswagen Finance picks up 25% stake in Kuwy Technology

Volkswagen Finance on Wednesday said it has picked up 25 percent stake in Chennai-based instant lending digital platform Kuwy Technology Service. As part of the deal, the company, which supports Volkswagen Group customers in India by facilitating financing and insurance solutions, will now have access to Kuwy’s pan-country network related to car financing. “At Volkswagen Finance, we always try to ... Read More »

15th Finance Commission terms tilt fiscal scales in favour of the Centre

The challenge has been to achieve this without unduly damaging state government incentives for raising their own revenue, and for spending with profligacy. (Reuters) The current ruling coalition has shown a propensity for bold moves in its attempt to reshape India’s polity and society to match its vision of the nation. The economy has sometimes received similar treatment, with the ... Read More »

Putting local actors in the driving seat of climate finance

Food security is an increasing challenge in Nigeria, with 54% of households food insecure in 2016. Production is largely dependent on natural environmental resources like fertile land, rainfall, temperature and humidity. Much of the country’s agricultural land has been redeveloped for the oil and gas industry and the forest destroyed to give way to big infrastructure projects. Not only is ... Read More »

Sorority Sisters Fight Back In First ‘Black Christmas’ Trailer

In a sane world, we’d have gotten word of the first official pre-release tracking for Blumhouse’s The Hunt. That politically topical riff on “The Most Dangerous Game” was (temporarily, I would hope) pulled from its planned September 27 theatrical release in August following two high-profile mass shootings and following its entry into the current madhouse that is modern political theater via implicit condemnation ... Read More »

This is how digital education is fixing education system in India?

This is how digital education is fixing education system in India? Technology keeps on advancing and it is becoming very essential in our lives. People make use of it every day to improve on the way they accomplish specific tasks, and this is making them look smarter. It is being used in various sectors for example, the way we use ... Read More »

5 Reasons Personal Finance Should Be Taught In School

Piggy bank with glasses and blackboard GETTY Having basic personal financial skills is one of the most important things you can do to live a healthy, happy and secure life. Your level of understanding around the fundamentals of budgeting, saving, debt and investing will impact every part of your life and can mean the difference between prosperity or poverty. With ... Read More »

ESAF Small Finance Bank opens new branch in Coimbatore

ESAF Small Finance Bank on Tuesday opened a new branch here, the 275th in the country. Speaking at the inaugural function, the bank’s Vice President K Swaminathan said the bank has a vision to be India’s leading social bank that offers equal opportunities to society through universal access and financial deepening, thus promising financial inclusion, livelihood and economic development. As ... Read More »

AI In Financial Services: Is Finance Ready For AutoML

Windows of Skyscraper Business Office of qingdao ,china GETTY This past month I attended the AI for Finance show in New York where I was the host for a one-hour “tech talk” on the subject of AutoML in the world of financial services. With over 150 people in attendance, the audience was able to provide some pointed input on the topic of ... Read More »