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Southport School Committee hears progress report on new AOS finance team
Alternative Organizational Structure (AOS) 98 is making progress in reassembling its finance department. Superintendent Bob Kahler told Southport School Committee members Nov. 20 the central office has advertised for a director of finance and a payroll and finance assistant. “We’ve already had a few inquiries, and I’m hoping we assemble a good pool of candidates. I…
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L&T Finance signs financing pact with Asian Development Bank (ADB) for $125 million
Non-banking financial company L&T Finance has signed a financing pact with the Asian Development Bank (ADB) for $125 million to support financing in rural and peri-urban areas in India, particularly for women borrowers.The company said that the funding comprises of a loan of up to $125 million from ADB, and an agreement to syndicate an…
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L&T Finance, ADB signs $125 million pact to support financing needs in rural, peri-urban areas
Asian Development Bank
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Unpacking Embedded Finance From Consumer POV
Whenever a new term enters the hype cycle, it’s fashionable for people to bandy it about all the time, sometimes correctly but most of the time loosely. Embedded Finance is one such term. In this post, we will unpack the term, specifically from the consumer point-of-view. A consumer goods retailer in India offered installment purchase…
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Andover issues apology for using yellow star in financial presentation
#inform-video-player-1 .inform-embed { margin-top: 10px; margin-bottom: 20px; } #inform-video-player-2 .inform-embed { margin-top: 10px; margin-bottom: 20px; } ANDOVER — The town has issued an apology after the Finance Committee presented a slide during Monday’s Special Town Meeting that included a yellow six-pointed star with the words “20% tax increase” on it.The apology included that it had…
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Chinese Financial Conglomerate Zhongzhi Has a $31 Billion Problem
Nov. 23, 2023 5:44 am ETListen(2 min)China’s Zhongzhi Enterprise Group has at least $31 billion more liabilities than assets and now faces “significant going concern risks,” it said in a letter to investors this week.The company, which caused alarm when one of its key businesses missed a series of debt payments earlier this year, said…
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The imapct of AI in financial services: opportunities, risks and policy considerations
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A Plateful of Financial Topics That Might Come up Over Turkey Dinner
The joy of the holidays means gathering everyone around the dining room table. Three or more generations might get together at this time of year and no other. We have a chance to catch up and reacquaint ourselves with stories and companionship and maybe talk about topics that are best discussed in person.One of my…
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The Bank That’s Trying to Get Ahead of the Weather
By .css-nyr2iw-AuthorContainer{white-space:nowrap;}.css-tuctgt-AuthorLink{color:var(–interactive-text-color);font-style:var(–font-style-italic);}.css-tuctgt-AuthorLink:hover{-webkit-text-decoration:none;text-decoration:none;}Gina Heeb.css-kx7fw8-FollowButton{display:inline;margin:0 8px;}.css-kx7fw8-FollowButton ufc-follow-author-widget:not(.hydrated){display:inline-block;width:60px;}.css-195ai1w-UnItalicizePipe{font-style:var(–font-style-normal);}| Photographs by Allison Grant for The Wall Street Journal
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Channel 4 Finance Boss To Exit After Five Years With ‘Gogglebox’ Network
EXCLUSIVE: Channel 4‘s finance boss is to exit after five years, coming at a tricky time for the Gogglebox network. Vince Russell has decided to leave at the end of the year and will work alongside interim Terry Downing, a former Endemol and Fox finance exec, until then. The search for Finance Director Russell’s long-term…