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Ex-Barclays boss to get large bonus despite being sacked last year

Former chief executive Antony Jenkins to receive £500,000 on top of salary even though he lost his job in July 2015 Barclays’ ex-CEO Antony Jenkins. Photograph: Stefan Wermuth/Reuters The former chief executive of Barclays is in line to receive a bonus worth half a million pounds, despite being sacked by the bank last summer. Antony Jenkins left the bank in ... Read More »

After G20 stalemate, focus turns to signs of growth

The Group of 20 economies were unable to agree on a joint push for new stimulus measures at a meeting which ended on Saturday. Investors worried about the risk of a new global recession are hoping that data over the coming week will show that some momentum remains in the world economy, eight years into its slow recovery from the ... Read More »

Accelerate shift to electronic payments for more revenue

Financial inclusion initiatives have resulted in taking the total number of debit cards in circulation to over 620 million. Global studies have shown the cost of cash to be between one per cent and three per cent of a country’s GDP. Given this, we are encouraged by the Government of India and RBI’s collective resolve to move to a cashless ... Read More »

Hire Retail Executives to Reinvent your Sales Strategy

A retail company can’t survive long without excellent executive management. It’s not just a matter of overseeing employees, dealing with fiscal issues, and maintaining IT resources on a daily basis. Managers must constantly keep in mind the company’s goals and the direction it takes as it moves into the future. As new challenges and opportunities arise, goals must be re-evaluated ... Read More »

Infuse more capital in PSBs to avoid rating pressure: Moody’s

Moody’s Ratings Services on Wednesday cautioned that public sector banks (PSBs) could see negative pressure on their credit profiles if the upcoming budget does not front load capital infusion in them. “With the front-ending of recognition and provisioning (for non performing loans), there is a corresponding front-ending of capital requirements. With little chance of the banks accessing the capital markets ... Read More »

RBI allows foreign investors to buy up to 49% in Ponni Sugars

Reserve Bank has allowed foreign investors to invest up to 49 percent of the paid-up capital in Ponni Sugars (Erode) Ltd. Foreign Institutional Investors/Registered Foreign Portfolios Investors/Qualified Foreign Investors/Non Residential Indians)/Person of Indian Origin can now invest up to 49 per cent of the paid up capital of Ponni Sugars Erode Limited under the Portfolio Investment Scheme (PIS). RBI said ... Read More »

How To Make Best Management

You may be in search of a company to handle the catalysts at your facility for you. Needless to say, this is not a job that you want to put into the hands of amateurs. The only way to make sure that everything is done safely and efficiently is to hire an experienced company that has been in the business ... Read More »