Bud

| March 01, 2016

Given the objective of the Government to attract substantial capital investments from offshore and domestic investors for its various flagship initiatives including Make in India, Start-up India, Stand-up India and Digital India, the Private Equity / Venture Capital (PEVC) sector was expecting Budget 2016 to incentivise investments, address several anomalies and uncertainties affecting the PEVC sector....

Fitch Ratings | March 01, 2016

"The budget is modestly credit positive for the sovereign, since it indicates a continued commitment to gradual fiscal consolidation by bringing down fiscal deficits to 3 percent over the next two years," said Atsi Sheth, a Moody's associate managing director for the Sovereign Risk Group, in a statement. "However, the proposals did not contain significant measures to address structural fiscal challenges, such as the government's low tax revenue base and the vulnerability o...

PayPal | January 16, 2020

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...

BlackRock | January 15, 2020

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...