The Employees’ Provident Fund Organisation (EPFO) has urged members to verify and, if required, correct their Date of Joining (DOJ) and Date of Exit (DOE), warning that even minor errors in employment records could affect provident fund (PF) and pension benefits. In a recent post on X, the retirement fund body said that inaccuracies in…
Britain’s BP on Tuesday reported a sharp upswing in second-quarter profit, as energy supermajors reap massive profits from higher fossil fuel prices amid hostilities between the U.S. and Iran. The oil giant posted underlying replacement cost profit, used as a proxy for net profit, of $5.7 billion for the April to June period. That comfortably…
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The CBA frames the current situation as manageable. The association defines arrears as mortgage payments overdue by three or more months, and notes that more than 99% of bank mortgage holders in Canada remain in good standing. Canada’s arrears rate also continues to sit well below those of the United States and the United Kingdom….
Payments and treasury technologies have traditionally been positioned by the banks powering them as purely infrastructure. The same way baseball players need a field to play ball, the thinking went, financial services needed the indispensable machinery powering payments that helps clients move money, manage liquidity and connect corporate systems. But those same banks, as highlighted…
Shares of The Great Eastern Shipping Company (GE Shipping) witnessed strong buying interest on Tuesday, climbing 9% to Rs 1,523.40 after the company reported robust financial performance for the first quarter of FY27. The shipping major posted a sharp jump in profitability, with consolidated net profit more than doubling year-on-year, supported by strong revenue growth….
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Shares of KEI Industries rallied 6.77% to Rs 5,363.20 during Tuesday’s trading session after the company reported a robust performance for the first quarter of FY27, driven by strong demand in its wires and cables business, improved operating efficiency, and margin expansion. The company posted a 40% year-on-year (YoY) growth in consolidated net profit, which…
Holcim CFO Steffen Kindler on executing a regional spinoff, AI value creation, and team leadership. This article appears in the July/August issue of Global Finance Magazine. Steffen Kindler has served as Holcim’s CFO since 2023. He brings with him two decades of finance leadership experience from his time at Nestlé. He now guides the financial…
In This Article Name Christle Stezskal Location Northwest suburbs of Chicago, Illinois (investing in Kansas City, MO, and Rock County, WI) Occupation Full-time real estate investor (former high school math teacher and IT professional) Assets 19 rental units, including 18 long-term rentals and one Airbnb Investment strategy Sub-$100K single-family and small multifamily, buy-renovate-refinance, out-of-state, and…