Murugappa projects 20 percentage revenue growth

June 08, 2016

Multi-sector conglomerate Murugappa Group has posted a revenue growth of 9 per cent (Rs 29,470 crore) for financial year 2015 - 16 and is projecting a revenue growth of around 20 per cent for the current financial year due to an expected turnaround in the Sugar and Fertilizer sectors…

Spotlight

Broker In My Pocket is an Application made available by Rhodes & Williams Insurance Brokers. This application allows you to do many things at your finger tips. You can contact your broker, submit a claim, submit a home inventory and quickly access quick tips and information.


Other News
FUNDING

Future Family Announces 0% Interest Rate Financing For Fertility Treatments

Future Family, CCRM Fertility | July 06, 2022

Today, Future Family, the only fertility finance platform to pair a modern fintech experience with client care and wellness support, announced that it will add a 0% interest rate fertility financing program to its offerings. This first-of-its-kind plan enables prospective parents to pay for high-cost fertility treatments with no additional interest for up to 12 months. This is a game-changing alternative to large upfront payments or high-interest rate credit cards. Future Family is kicking off the program in partnership with CCRM Fertility, the global pioneer in fertility science, research, and treatment. Financing is the smartest way to pay for fertility treatment and Future Family’s 0% interest plan allows eligible patients to pay the same amount as a cash purchase, but with the flexibility of spreading payments out over time. Future Family is the best fertility partner for prospective parents, especially when compared to credit cards, which are used by just over 85% of patients, have average interest rates over 15%, and credit limits that are frequently lower than the cost of treatment. Future Family’s plans offer an alternative to carrying a credit card balance, which can negatively impact credit scores and become burdensome in the future. “Before this program, no fertility financing company offered a 0% interest financing plan without huge application fees costing thousands of dollars, so this truly is a breakthrough that will give even more prospective parents the opportunity to grow their families,” said Claire Tomkins, CEO and Founder of Future Family. “Before this program, no fertility financing company offered a 0% interest financing plan without huge application fees costing thousands of dollars, so this truly is a breakthrough that will give even more prospective parents the opportunity to grow their families,” said Claire Tomkins, CEO and Founder of Future Family. “We’re very proud to announce this partnership with CCRM Fertility and to launch a unique financing option that will meet the needs of even more patients. Future Family believes that building a family is one of the most significant milestones in life, and financing coupled with care and wellness is the safest and smartest solution for prospective parents.” Today, nearly 50% of people who visit a fertility clinic in pursuit of care and support do not move forward with treatment due to the high cost and complexity. Future Family is transforming the typically difficult and confusing experience with its platform, which combines payments to multiple providers into a streamlined and predictable experience bolstered by autopay and support from personal fertility coaches. “Future Family opens the door for even more people interested in growing their families with fertility treatments by changing how to approach paying for treatment and expanding access to care,” said Jon Pardew, President and CEO of CCRM Fertility. “Both Future Family and CCRM Fertility offer best-in-class patient care and support with a focus on innovative solutions. We are thrilled to offer this much-needed financing option to our patients at most U.S. CCRM Fertility locations.” To learn more about Future Family, please visit www.futurefamily.com. About Future Family Future Family is where people start their fertility journey. The company’s mission is to make fertility care accessible and affordable to all. Future Family combines advances in fintech, fertility, and concierge care to empower prospective parents throughout their fertility journey. Future Family was founded by former SolarCity exec Claire Tomkins, whose own fertility struggles inspired her to improve the experience for other women. About CCRM Fertility CCRM Fertility is a global pioneer in fertility treatment, research, and science. Founded by Dr. William Schoolcraft 35 years ago, CCRM Fertility specializes in the most advanced fertility treatments, with deep expertise in IVF, fertility testing, egg freezing, preimplantation genetic testing, third party reproduction, and egg donation. CCRM Fertility leverages its own data and a dedicated team of in-house reproductive endocrinologists, embryologists, and geneticists to deliver industry-leading outcomes. CCRM Fertility has 26 locations in North America serving patients in 11 major metropolitan areas, including Atlanta, Boston, Dallas-Fort Worth, Denver, Houston, New York, Northern Virginia, Minneapolis, Orange County, San Francisco Bay Area, and Toronto. For more information, visit www.ccrmivf.com.

Read More

FINANCIAL MANAGEMENT

Sun Life named a Top Workplace by the Hartford Courant for third consecutive year

Sun Life | September 26, 2022

Sun Life has been named a Top Workplace by the Hartford Courant for the third year in a row, a recognition based on employee surveys conducted by Energage, as well as information about Sun Life's employee programs and benefits. "We believe in creating a workplace that fosters support, flexibility, collaboration and camaraderie, no matter where an individual employee might be based, Our employees have continued to show commitment to and passion for their work, and it brings us pride to know they have responded favorably to surveys that result in Sun Life receiving this recognition in Hartford." -Dan Fishbein, M.D., president of Sun Life U.S. In early 2023, Sun Life's Connecticut office will be moving into downtown Hartford's "Gold Building." The new office space is currently under renovation to reflect Sun Life's Future of Work approach, which prioritizes group collaboration spaces, state-of-the-art design, and technology solutions that make virtual and in-person work more seamless and efficient – while also giving employees the choice of whether to work from an office or home each day. Sun Life will continue leveraging the talented pool of professionals in and around Hartford and other offices, as well as virtual talent throughout the U.S. During the pandemic and beyond, Sun Life has emphasized flexibility, encouraging employees to step away from their at-home workstations and prioritize work/life balance. With caring support as a core part of Sun Life's culture, employee engagement has reached its highest levels in the last few years and continues to thrive. When you support employees and prioritize their wellness, they deliver above and beyond, We believe in a workplace where everyone can be their authentic selves and truly belong. Through our Inclusion Networks, discussion forums, introspective work, and building a caring, empowered culture, we have made sustainable progress toward a more inclusive and diverse workplace,said Tammi Wortham, senior vice president of Human Resources at Sun Life U.S. Sun Life has also received the Top Workplaces U.S.A. recognition for two consecutive years, and has been named a Top Workplace by the Boston Globe for four consecutive years, making the top ten for the region's largest companies in 2020 and 2021. The company has also received recognitions as a top place to work from Forbes, Ingram's Business Magazine in Kansas City and the Human Rights Campaign Corporate Equality Index, as well as recognitions for its paid leave program from Bloomberg and the National Partnership for Women and Families. Sun Life launched expanded paid family and medical leave in 2020, offering generous paid leave for all employees, whether they are welcoming a new child, recovering from a health issue, or taking care of a loved one, including chosen family. Employees have shared stories of taking leave without the stress of job concerns, and the positive impact it has had on their families and their health. Sun Life also offers a sabbatical program that gives employees an opportunity to disconnect and spend time on personal and/or professional growth. Sun Life's Future of Work approach also includes new ways of addressing issues around diversity, equity and inclusion (DE&I). Formed in 2020, Allies Acting for Change (AAC) is a group of Sun Life employees that serve as an extension of the leadership team, assess business practices and recommend actions to make lasting progress on DE&I at the company. AAC's work has resulted in more inclusive hiring and retention practices, including the implementation of "stay" conversations, and coaching and development for Black and other professionals of color. About Sun Life Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2022, Sun Life had total assets under management of C$1.26 trillion. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. In the United States, Sun Life is one of the largest group benefits providers, serving more than 55,000 employers in small, medium and large workplaces across the country. Sun Life's broad portfolio of insurance products and services in the U.S. includes disability, absence management, life, dental, vision, voluntary and medical stop-loss. Sun Life and its affiliates in asset management businesses in the U.S. employ approximately 8,000 people. Group insurance policies are issued by Sun Life Assurance Company of Canada (Wellesley Hills, Mass.), except in New York, where policies are issued by Sun Life and Health Insurance Company.

Read More

FINTECH

XTM Launches Stand Alone Tip Pool & Tip Share Automation Product

XTM | August 12, 2022

XTM, Inc. a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce the release of a Tip Pool and Tip Share software product that accepts data sets from any time and attendance or POS platform. This feature allows restaurant owners and operators to leverage our Tip Pool/Share without an integration and be operative within a few hours of sign-up. The Tip Pool solution collects tips received by employees into a pool, and then automates the calculation and distributes on an organization-determined points basis to staff. The XTM Tip Share product automates the calculation and sharing of tips to other employees based on a percentage of net sales, saving operators time and money as well as providing staff with full transparency of the process. “The technology-agnostic premise upon which our Tip Pool and Tip Share solutions pull data is a significant and strategic innovation for our Engineering team, It aligns with our product road-map to provide enterprise solutions for all hospitality businesses large and small, regardless of their current product stack.” -Chad Arthur, CTO, XTM Proper Tip allocation is critical to operators and staff; if not done correctly it can be a highly litigious function within hospitality organizations, This product is a true reflection of our commitment to provide the hospitality industry with products and solutions to make their businesses more efficient and profitable,said Marilyn Schaffer, CEO, XTM. About XTM XTM, is a Miami and Toronto-based fintech innovator in the neo-banking space, helping businesses and service workers in the hospitality and personal care space disseminate and access earned wages and gratuities. XTM's Today™ Solution, comprised of a free mobile app and a Visa or Mastercard debit card with free banking features, is used by thousands of restaurants, salons and staff across Canada and the United States. XTM is a global card issuer and real-time payment specialist. Our technology is used by Restaurants, Salons and service staff at no charge to automate and expedite Earned Wage and Gratuity Access, increasing time and attendance and eliminating cash from ecosystems. XTM's Today solution drives operational efficiencies and delivers a bespoke user experience designed specifically for service workers.

Read More

FINANCIAL MANAGEMENT,FINTECH

BlackRock Expands Megatrends Platform with the Launch of the Future Financial and Technology ETF

BlackRock and iShares | August 19, 2022

BlackRock has expanded its Megatrends platform with the launch of the BlackRock Future Financial and Technology ETF. The Fund is actively managed by BlackRock’s Fundamental Equity (FE) franchise and seeks to maximize total return by investing in companies delivering innovative and emerging technologies that are driving disruption within the financial services industry. “In the United States alone, the use of fintech increased by 30% during the pandemic1, Through BPAY, investors are granted direct access to global companies that are driving the next leg of growth and leading the digital revolution in areas across the entire value chain such as payment systems, banking, investments, lending, and insurance and software.” - Vasco Moreno, Lead Portfolio Manager of BPAY BPAY is the sixth active ETF in BlackRock’s U.S. Megatrends platform, and the fifth from the FE franchise, which includes other future-focused actively managed thematic ETFs targeting technology, innovators, health, and environmental economy. The FE organization harnesses the power of human intellect, industry-leading technology and the global scale of BlackRock in their mission to deliver consistent, risk-managed alpha. With a long history in thematic investing, BlackRock is committed to providing access to forward-looking investment themes via targeted, transparent and cost-effective vehicles, BPAY is representative of the firm’s deep fundamental research expertise, strong active and index platforms, and focus on innovation,said Jay Jacobs, U.S. Head of Thematics and Active Equity ETFs at BlackRock. BlackRock offers the largest active and index thematic platform in the world, spanning 44 products with over $50 billion in AUM2. About BlackRock BlackRock’s purpose is to help more and more people experience financial well -being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. About iShares iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 900+ exchange traded funds (ETFs) and $2.78 trillion in assets under management as of June 30, 2022, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

Read More

Spotlight

Broker In My Pocket is an Application made available by Rhodes & Williams Insurance Brokers. This application allows you to do many things at your finger tips. You can contact your broker, submit a claim, submit a home inventory and quickly access quick tips and information.

Resources