Tag Archives: Finance

Media Musketeers Inks Slate Finance Pact With Entourage Ventures (EXCLUSIVE)

Recently minted film and TV firm Media Musketeers has signed a slate finance deal with Paris-based investment outfit Entourage Ventures. It has also brought on Patrick Swiderski as its finance chief. Former Apple executives Sebastien Janin and Andy Docherty teamed with former Warner Bros. exec Chris Law to launch Media Musketeers earlier this year. Its first projects include ForLan Films-produced “God Fearing Man,” based on ... Read More »

Wisconsin Could Soon Set The Bar For Personal Finance Education

Shutterstock Just 17 states in the United States require high school students to take a course in personal finance, according to the Council for Economic Education. And while the sheer lack of access to personal finance education may seem abysmal it actually gets worse as according to the report, a mere 20 states required high school students to take a course ... Read More »

China Finance Minister Sees ‘Brexit’ Heightening Uncertainty For Markets

Beijing/Tianjin: China’s finance minister and leading economists on Sunday voiced concerns about Britain’s vote to leave the European Union, with the policymaker saying it has heightened market uncertainty, though some expect a limited impact on the Chinese economy. The “Brexit” decision “will cast a shadow over the global economy… The repercussions and fallout will emerge in the next five to ... Read More »

Finance Minister Arun Jaitley Meets Chinese Counterpart In Beijing

Arun Jaitley, who arrived in Beijing on June 23, is scheduled to attend the annual Financial Dialogue at the ministerial level with Lou Jiwei on June 27. (PTI photo) BEIJING:  Finance Minister Arun Jaitley today met his Chinese counterpart Lou Jiwei in Beijing and discussed the bilateral economic cooperation and the global macroeconomic situation. The two ministers talked about bilateral ... Read More »

Indiabulls Housing Finance To Raise Rs 300 Crore Via NCDs

New Delhi: Indiabulls Housing Finance on Saturday said it is planning to raise Rs 300 crore through issuance of non-convertible redeemable debentures. “The company proposes to issue 30,000 unsecured non-convertible redeemable debentures (Tier-II) in the nature of subordinated debt with a face value of Rs 1 lakh each aggregating to Rs 300 crore (plus greenshoe option) on a private placement basis,” ... Read More »

Finance Minister’s Response To Subramanian Swamy Suggests ‘Enough’

Arun Jaitley said the government has “full confidence” in Arvind Subramanian as Chief Economic Adviser. NEW DELHI:  HIGHLIGHTS BJP’s Subramanian Swamy demands sacking of Chief Economic Adviser Finance Minister says Arvind Subramanian has government’s confidence Finance Minister rebukes Swamy, who called for RBI chief Rajan’s removal The BJP’s Subramanian Swamy, who demanded the removal of Raghuram Rajan as Governor of ... Read More »

BJP’s Swamy Targets Arvind Subramanian, Finance Minister Stands By His Man

Finance Minister Arun Jaitley says government has full confidence in Chief Economic Adviser Arvind Subramanian. (File photo) NEW DELHI:  HIGHLIGHTS Arvind Subramanian, Chief Economic Advisor, discussed as new RBI chief BJP’s Subramanaian Swamy tweets “Sack him!” Swamy led shrill campaign against RBI Chief Rajan, who has refused Term 2 BJP leader Subramanian Swamy has a new target: Chief Economic Adviser ... Read More »

Sebi Bars 4 Entities In Tata Finance Matter

New Delhi: In a 15-year-old matter, the Securities and Exchange Board of India (Sebi) on Tuesday barred Tata Finance Ltd’s former managing director D S Pendse and three other entities from the capital market for manipulations at the time of the firm’s right issue in 2001. The watchdog has imposed a three-year ban on Mr Pendse and A L Shilotri, ... Read More »

Finance Ministry To Review Domestic Black Money Window Issues: Report

New Delhi: With the first month nearing completion, the Finance Ministry will hold a high-level meeting to review the ambitious one-time compliance window that has been announced by the government to declare domestic black money. The review meeting, scheduled later this week, will be chaired by Revenue Secretary Hasmukh Adhia with Central Board of Direct Taxes (CBDT) members and they ... Read More »

Why IIT, Harvard Graduate Jayant Sinha Lost Finance Ministry

Jayant Sinha was junior minister in the Finance Ministry and Minister of State to the Civil Aviation M NEW DELHI:  HIGHLIGHTS Jayant Sinha shifted as minister of state to the civil aviation ministry Among reasons is tea party he hosted for bank, govt officials: Sources Conflict of interest as wife serves on boards of top companies also cited Smriti Irani’s ... Read More »