In the financial year of 2013 - 14, IRDA's Bima Bemisaal also undertook a plethora of education initiatives for consumers under itself.
The company has recorded the Gross Premium of Rs. 7282.54 crore
in the financial year of 2013 - 2014.
This limit has been increased from Rs. 15,000 from the previous year to Rs. 25,000
in the financial year of 2016 - 2017.
«We expect margins to decline
in financial year of 2019 before stabilising and then improving over the long term,» Mr Liu said in a research report.
Not exact matches
LONDON, April 30 - The 10 -
year U.S. Treasury yield's rise above 3 percent last week for the first time
in over four
years may be cause for concern across wide swathes
of financial markets, such as equities and emerging markets.
Among the wave
of financial technology companies attempting to challenge the hegemony
of Canada's Big Five banks are «robo - advisers,» such as Wealthsimple and WealthBar, whose platforms help clients create and maintain portfolios
of mostly passive investments, such as exchange - traded funds, for fees
in the neighbourhood
of 1 %
of assets per
year.
Earlier this
year, for example, Judy Zaichkowsky
of Simon Fraser University's Beedie School
of Business published a study indicating that the presence
of just one woman on a company's board resulted
in significantly higher standards
of corporate governance (which has an established correlation to better
financial performance).
That vision and his company's incredible
financial performance — Nvidia has been growing profits at better than 50 % annually and its stock has leapt from $ 30 to above $ 200
in two
years — make Huang the clear choice as Fortune's Businessperson
of the
Year for 2017.
To start, he needed both people and funds — futuristic home doodads don't invent themselves — so he secured $ 12.5 million
in subordinated debt financing from the Business Development Bank
of Canada and Quebec's Fonds de solidarité FTQ, with flexible five -
year payment terms (the latter a reward for
years of solid
financial management).
Nanos Research, which conducts a weekly survey for Bloomberg, found that almost a quarter
of respondents at the end
of September said their personal
financial situation had worsened over the past
year, compared with about 20 per cent
in early August.
Shipbuilder Austal reported a big jump
in profit for the first half
of the
financial year, while it is still unsure
of what its exact role will be
in the upcoming $ 3 billion offshore patrol vessel build program.
To counter the fall
in downloads, Apple plans to bundle the music streaming service it acquired as part
of the $ 3 billion Beats Electronics deal earlier this
year into its iOS operating system, according to a report
in the
Financial Times.
In fact, 41 percent of the on - demand workers we surveyed had faced a personal financial hardship in the past year (such as a job loss, health emergency or unexpected major expense
In fact, 41 percent
of the on - demand workers we surveyed had faced a personal
financial hardship
in the past year (such as a job loss, health emergency or unexpected major expense
in the past
year (such as a job loss, health emergency or unexpected major expense).
The Goldman Sachs partner had spent much
of his nearly 25
years at the firm orchestrating deals
in the US's busiest
financial hubs — New York and San Francisco — where the investment bank was entrenched
in corporate boardrooms
of the world's most important companies.
Cash flow from operations — a key metric
of financial health
in the oil industry — came
in at $ 7.4 billion for the quarter, matching the
year - earlier period.
But
in recent
years, as the Bank
of Canada held interest rates to historically low levels and consumer debt skyrocketed, the federal government tightened mortgage restrictions on regulated
financial institutions, including HCG.
Shares
in scooter manufacturer Vmoto have dived 20 per cent today after the company announced on Friday it expected to record a $ 2.24 million loss for the first half
of the 2011
financial year.
Henderson - based contractor Civmec lifted profit to $ S10.4 million ($ A10 million) for the first half
of the
financial year, up 59 per cent, on the back
of a big surge
in revenue.
This
year I expect to see an explosion
of innovation
in the
financial technology space, as banks and other
financial institutions decide to do more with the volumes
of data at their disposal.
-- Miron Lulic, founder and CEO
of SuperMoney, a
financial services comparison platform which has recently surpassed half a billion dollars
in loan inquiries
in less than one
year since launching
The upcoming State and Federal elections are adding to the lowest levels
of IPO activity seen
in years, according to business and
financial advisors HLB Mann Judd.
What we
in the West definitely don't know is the current location
of Bo or Wang, what repercussions will be felt by Bo's powerful allies
in politics, business and the military (the
Financial Times reported May 14 that Bo's mentor and standing committee member Zhou Yongkang had been relieved
of his duties as head
of China's police, courts and spy apparatus), and who is going to lead China for the next 10
years, let alone what their policy leanings may be.
Xiaomi, reporting detailed
financials for the first time, posted a net loss
of 43.9 billion yuan ($ 6.9 billion)
in 2017, reversing from a profit a
year earlier.
«Blockchain» became the buzz word
in financial technology this
year, with everyone from banking and
financial institutions (like Goldman Sachs and the New York Stock Exchange) to payment processors (Mastercard, Visa, and American Express) extolling its potential and publicly announcing interest
in it, often
in the form
of startup investments.
More than half
of all business startups shut down
in the first five
years, and the top reasons are all related to
financial mismanagement and a lack
of operational capital.
Financial services company Balyasny Europe Asset Management performed best, with a three -
year growth rate
of 3,469 percent and $ 39.4 million
in revenue
in 2015.
In the opinion of the Company's management, a discussion of loss reserve development is meaningful to users of the financial statements as it allows them to assess the impact between prior and current year development on incurred claims and claim adjustment expenses, net and core income (loss), and changes in claims and claim adjustment expense reserve levels from period to perio
In the opinion
of the Company's management, a discussion
of loss reserve development is meaningful to users
of the
financial statements as it allows them to assess the impact between prior and current
year development on incurred claims and claim adjustment expenses, net and core income (loss), and changes
in claims and claim adjustment expense reserve levels from period to perio
in claims and claim adjustment expense reserve levels from period to period.
Point72 Ventures started two
years ago to look for opportunities
in the world
of financial startups» Read More
Point72 Ventures started two
years ago to look for opportunities
in the world
of financial startups
Less than 1 per cent
of businesses paid half
of Australia's corporate tax take
in the
year to June 2016, according to ATO data, while the
financial services and resources industries were the biggest contributors.
Western Australian retailers have a positive view
of business conditions
in the
year ahead, according to a recent survey by the Commonwealth Bank
of Australia, with one third expecting an improved market
in the 2018
financial year.
Not all powerful business families implode: When Paul Desmarais died last
year, his sons, Paul Jr. and André, succeeded
in dividing responsibilities over the vast
financial services firm with little evidence
of acrimony.
Dubbed the best business book
of the
year last
year by The
Financial Times and McKinsey, this one by a Pulitzer - Prize winning journalist looks at what happened to Janesville, Wisconsin when a General Motors factory that had been operating
in the town for 85
years closed.
In the depths of the financial crisis in 2011, Brian Moynihan — who'd been the unexpected pick for CEO a year before — predicted that Bank of America would soon be earning well over $ 20 billion a yea
In the depths
of the
financial crisis
in 2011, Brian Moynihan — who'd been the unexpected pick for CEO a year before — predicted that Bank of America would soon be earning well over $ 20 billion a yea
in 2011, Brian Moynihan — who'd been the unexpected pick for CEO a
year before — predicted that Bank
of America would soon be earning well over $ 20 billion a
year.
Naturally, his forecasts were derailed by a combination
of a deluge
in mortgage costs from the disastrous acquisition
of Countrywide
Financial, and
years of extremely low rates that shrank the margins the bank earns on its giant loan portfolios.
This
financial picture, combined with the labour strife, has forced its share price below 90 cents, down from $ 1.10
in January and a tiny fraction
of its value five
years ago, when it traded at close to $ 20.
End -
of -
financial -
year bargain hunters provided a boost to new car sales
in Western Australia last month, but it wasn't enough to beat last
year's June 30 clearance sales.
Shares
in the company that also owns the Taco Bell brand fell 5 percent early on Wednesday, after its chief
financial officer said lingering concerns at KFC UK would contribute to the current quarter likely being «the worst»
of the
year.
The Insurance Commission
of Western Australia increased spending on the Bell Group litigation to $ 9.6 million last
financial year, while also revealing
in its annual report it has applied to the Supreme Court for a single trial to cover all related matters.
The
financial crisis and poor Australian dollar is just two
of a thousand excuses I have heard them use over the
years to avoid taking responsibility, and justify
in their own minds that the collapse
of this company has nothing to do with the underhanded practices and their own poor management.
GR Engineering Services has recorded a reduction
in net profit after tax despite substantially higher revenues during the first half
of the
financial year.
Davidson recommends looking for an adviser with at least 10
years of experience
in financial planning and who has a CFP (certified
financial planner) designation, which is considered the «gold standard» for
financial planning.
Queen's was one
of the last schools
in Canada without a major donor's name on its business department, but that changed last
year with a record - breaking $ 50 - million gift from Stephen J.R. Smith, founder
of First National
Financial Corp. and a Queen's alumnus.
Waste management and industrial services company Toxfree has reported a 33 per cent jump
in net profit to $ 10.5 million for the first half
of the
financial year.
The banking system has been weak for
years as most institutions have failed to deal with the high level
of bad debt
in the wake
of the
financial crisis.
The total amount
of North American sales made through Groupon rose 30 percent
in the second quarter compared to the same quarter a
year ago, according to the
financial statement released Wednesday.
To find out, researchers from the University
of London zoomed
in for a three -
year look at the assumedly cutthroat global reinsurance industry — a $ 260 - billion dollar
financial market that insures insurance companies against large - scale losses.
Bloomberg TV Canada is set to launch
in the middle
of this
year, and will have about 35 %
of its content produced domestically and broadcast from a new studio
in Toronto's
financial district, close to Bloomberg Canada's headquarters.
The majority
of taxpayers receive these documents every
year, and TurboTax can import the data from most payroll providers, most
financial institutions, and from Quicken, thereby relieving many users from having to key the information
in.
Financial technology («fintech») startups have received more than $ 11 billion
in venture capital funding so far this
year, 83 % more than all
of last
year, according to CB Insights.