This is a golden opportunity for banks to increase their portfolio: ICRA Tight liquidity conditions since September 2018 has pushed housing finance companies (HFCs) to lower their disbursements and meet a sizable portion of their fund requirement through portfolio sell-down route, resulting in banks availing of this opportunity to increase…
Kamala Harris calls for large federal investment to improve teacher salaries
Harris, who formally launched her presidential campaign with an impressive rally of more than 20,000 people in her home town of Oakland in California on January 27 First Indian-origin US Senator Kamala Harris has called for allocation of a large federal investment to improve teacher salaries nationwide. The 54-year-old senator,…
Chicago Workshop Teaches Small Businesses about the Voice of the Customer
The Voice of the Customer (VOC) grows louder every day. Customers can now share a bad experience easily with the world. They can take to social media, a website, blog, review sites, or forums to voice their discontent. Handle the problem quickly. Otherwise your brand could take a big hit….
Samsung’s US marketing lead quits following department investigation
Samsung’s US marketing team is in the midst of turmoil, and that might include some high-profile casualties. Wall Street Journal sources claim that Samsung recently fired “several” workers in its American marketing division after an internal investigation into possible violations of policies through dealings with business partners. Not long after, Samsung’s marketing chief…
Weekly Tactical Pick: Indostar Capital Finance
Moneycontrol Research Team We are recommending Indostar Capital Finance (CMP: Rs 350, market capitalisation: Rs 3,200 crore), the asset financing non-banking financial company (NBFC), as a tactical pick. Primarily, a wholesale financier, it forayed into SME, vehicle and housing finance to de-risk its loan book. The result of its diversification strategy is clearly…
Wanted: Startups to address investment needs of the mid-market
India’s investment management industry is not effectively addressing the need to manage the savings and investment objectives of the middle class. India’s model of private banking is imported from the West, requires high-cost human resources, is expensive, and is primarily geared to meet the needs of high net-worth individuals. The…
