We're improving people’s daily lives by making their finances easier to manage, so that everybody can be ‘good with money’.A lot of the frustration with banking comes from poor communication between services. The Bud platform allows banks to create a new generation of finance app that integrates products from third parties, generates insights and generally makes life much more manageable..

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BUDGET 2016: A MIXED BAG FOR PRIVATE EQUITY / VENTURE CAPITAL SECTOR

| March 01, 2016

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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....

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S&P 500 EASES FROM RECORD ON TECH RETREAT, WELLS FARGO SLIDE

Wells Fargo | January 14, 2020

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The S&P 500 eased from record levels on Tuesday, as technology stocks handed back gains made on hopes of a preliminary U.S.-China trade deal and Wells Fargo slid in a mixed start to big banks’ quarterly earnings. Kicking off the fourth-quarter earnings season, the largest U.S. bank, JPMorgan Chase & Co (JPM.N), rose 2.3% after reporting a better-than-expected profit on strength in its trading and underwriting businesses, keeping the blue-chip Dow index in the positive territory. We...

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TESLA STOCK HITS $500 FOR THE FIRST TIME

Tesla | January 13, 2020

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Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...

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COMMODITIES GAINED ON IMPROVED DEMAND EXPECTATIONS

Credit Suisse | January 13, 2020

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The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...

Read More
news image

BUDGET 2016: A MIXED BAG FOR PRIVATE EQUITY / VENTURE CAPITAL SECTOR

| 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....

Read More
news image

S&P 500 EASES FROM RECORD ON TECH RETREAT, WELLS FARGO SLIDE

Wells Fargo | January 14, 2020

The S&P 500 eased from record levels on Tuesday, as technology stocks handed back gains made on hopes of a preliminary U.S.-China trade deal and Wells Fargo slid in a mixed start to big banks’ quarterly earnings. Kicking off the fourth-quarter earnings season, the largest U.S. bank, JPMorgan Chase & Co (JPM.N), rose 2.3% after reporting a better-than-expected profit on strength in its trading and underwriting businesses, keeping the blue-chip Dow index in the positive territory. We...

Read More
news image

TESLA STOCK HITS $500 FOR THE FIRST TIME

Tesla | January 13, 2020

Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...

Read More
news image

COMMODITIES GAINED ON IMPROVED DEMAND EXPECTATIONS

Credit Suisse | January 13, 2020

The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...

Read More