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Compass hikes final dividend, LSEG announces new finance chief
London open The FTSE 100 is expected to open eight points lower on Monday, having closed up 1.26% on Friday at 7,504.25.Stocks to watch Catering giant Compass has hiked its final dividend by 27% after annual profits surged on the back of strong sales growth and margin improvement – though it predicts a substantial slowdown…
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Sensex, Nifty Drop As Reliance, Bajaj Finance Drag: Midday Market Update
“Below 19,500, Nifty could fall to 19,400 or 19,300. Above 19,875, it would move towards 20,225 with a major hurdle at 20,050,” Shrikant Chouhan, head equity research, Kotak Securities Ltd., said.”On the higher side, crossover of 19,850 will give a sharp up move in broader markets, while on the downside, support is placed at 19,550–19,600,”…
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LSEG names Publicis finance chief Michel-Alain Proch as CFO
Nov 20 (Reuters) – The London Stock Exchange Group (LSEG.L) on Monday named Michel-Alain Proch as its new finance chief, starting March 1, 2024.Proch, who currently serves as group CFO of advertising group Publicis , takes on the role from Anna Manz, who stepped down in May.Last week, LSEG, which owns London’s 300-year old stock…
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Over 50% expect pay raise next year: Cathay Financial
Taipei, Nov. 20 (CNA) Cathay Financial Holding Co. said Monday that a recent survey showed more than 50 percent of its clients expect to get a pay raise in 2024.Although 51.9 percent of respondents believed that their incomes would increase next year, only 25.2 percent said they expected to receive a wage increase of over…
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RBI chief Shaktikanta Das watches World Cup final with Nikhil Kamath, shares finance lesson with Zerodha co-founder
ODI World Cup final: RBI chief Shaktikanta Das and Nikhil Kamath watching the India vs Australia match. (Image credit: @nikhilkamathcio/X)
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Choice Financial Acquires Hackmeier Agency in South Florida
Article 0 Comments Virginia-based Choice Financial Group has acquired Jeff D. Hackmeier and Associates, a south Florida insurance agency catering to high net-worth clients. Hackmeier, based in Bay Harbor Islands, near Miami, has been in business since 1978, the companies said in a news release. It provides employee benefits, life, disability, long-term care and health…
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People: Jigsaw Homes Group; Taziker; FWP; MAF Finance Group; Solomons Europe; SJC Partners
Leigh-based Jigsaw Homes Group has appointed Roli Barker as the new chair of its group board. Roli was previously the chair of Jigsaw Homes North board and brings a wealth of leadership experience, ability to drive transformation and a passionate commitment to social justice, diversity and inclusion. She succeeds the outgoing chair, Fay Selvan,…
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China tells top financial Institutions to bolster property market
The Chinese government has told the country’s most important financial institutions to balance their loan offerings and to make credit plans for the last two months of this year and next year to bolster the real estate market and halt a deepening skid in the economically important sector.In a meeting Friday, the People’s Bank of…
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Bajaj Finance trades down on halting EMI cards to comply with RBI order
n November 17, the RBI announced an increase in risk weight on consumer credit exposure of non-banking financial corporations (NBFCs) to 125 percent from 100 percent earlier.
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Marico & Coal India shares: What Akshay Bhagwat of JM Financial says on these stocks
Akshay Bhagwat, Senior Vice-President, Derivatives Research at JM Financial Services, on Monday picked Marico Ltd as one of his top picks. Going by technical charts, the stock has seen strong buying from the support base and it is setting up well for an upward move, Bhagwat told BT TV. One can buy Marico shares at…