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The finance ministry is learnt to have raised a serious objection to the proposed relaxation in the foreign direct investment (FDI) norms in restricted sectors such as telecom and insurance.
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Wall Street Finance, a company involved in money exchange and bank note activities, is looking to acquire four companies involved in similar business in , Europe, the United States and Canada.
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Dec. 22 (Bloomberg) — Textron Inc. , the maker of Bell helicopters and Cessna aircraft, said it will exit all finance businesses except those that directly serve its manufacturing units. The company also is reducing its workforce by 2,200 jobs.
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Textron Inc., which makes Cessna jets, Bell helicopters and E-Z-GO golf carts, on Monday cut its fourth-quarter outlook amid the deteriorating economy and said it is exiting nearly all of its commercial finance business to improve its liquidity position in the tightening credit markets.
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Grappling with growing financial risk in a severely weakened economy, Textron is slashing its fourth-quarter earnings estimate, cutting more than 2,000 jobs and exiting the bulk of its commercial-finance business.
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Dec. 22 (Bloomberg) — Textron Inc. , the maker of Bell helicopters and Cessna aircraft, said it will cut 2,200 jobs and exit all finance businesses except those that directly serve its manufacturing units.
Read more »
Textron Inc., which makes Cessna jets, Bell helicopters and E-Z-GO golf carts, on Monday cut its fourth-quarter outlook amid the deteriorating economy and said it is exiting nearly all of its commercial finance business to improve its liquidity position in…
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Insurance policies act as an aid to protect ourselves against the uncertainties of our life. They act as a beam of light during the dark leap of time in our life.
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Many things in the life are just compulsory to have, there is no choice. Car Insurance is one of them. Law demands it. Even if it were not, then it would be just stupid to drive one without it. Accidents take place. And when it occurs, the charge of putting the whole thing back to right can be exorbitant.
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It is a well known fact that safety is one of the least costly and also the most effective policy. As you also know that no matter how safely you drive and follow traffic rules, you cant avert mishap even if its your fault or someone else’s fault, this is something we cant change but we can be prepared for it and take preventive measures because prevention is better than cure.
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