That the non-banking financial companies (NBFC) sector has been facing troubled times for several months is well-known. Now, a top-ranking government official has proclaimed that the sector is facing an “imminent crisis.” “There is a credit squeeze, …
See Original Article

Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Monday appeared before the Enforcement Directorate (ED) in New Delhi around 10.30 am in connection with the Videocon Group bank loan case. The ED’s …
See Original Article

Against a backdrop of heightened market volatility, global trade tensions and a slowdown in economic growth, the total number of billionaires worldwide declined by 5.4% in 2018, according to Wealth-X. That was only the second annual fall in the global …
See Original Article

The largest stake is Alphabet Inc. (GOOG, GOOGL), which accounts for ~7% of the portfolio. The largest five positions are Alphabet Inc., S&P Global
See Original Article

Dutch company Wolters Kluwer NV makes the software on which many of the world's small and midsize accounting firms run. Earlier this week, a
See Original Article