For the Finance Industry, Ignoring Women Comes at a Price: $700 Billion a Year

The male-dominated finance industry is missing out on more than $700 billion a year in revenue by failing to listen to or tailor products for women, according to management consultancy Oliver Wyman. “Women are arguably the single largest under-served group of customers in financial services,” Jessica Clempner, the report’s lead author, said…

Stocks of real estate companies and NBFCs rise

Mumbai: Shares of non-banking finance companies and real estate players gained on Thursday after finance minister Nirmala Sitharaman announced an alternate investment fund (AIF) to help the real estate sector finish pending housing projects. Analysts said gains would be capped as the package may not be enough to put an end to the woes…

Rs 25,000 crore fund should help ease realty distress, lift stocks

In a long-awaited booster package for the realty sector, the government on Wednesday announced the setting up of a Rs 25,000 crore alternative investment fund (AIF), aimed at providing relief to developers with unfinished projects to ensure delivery of homes to buyers. Analysts believe the move will be strongly welcomed by the…