Fintech firm Carrott has expanded its micro-savings app into the home loan space to help consumers use small payments to pay off their mortgages faster. Originally built around superannuation and assisting people when saving up for their retirement, the company decided to expand out into home loans and HECS at the beginning of November. Carrotts…
At a meeting on Nov 15, the board considered its combined financial position, including all of its subsidiary companies in China. In an update to the Stock Exchange of Hong Kong, the board stated: The combined net liabilities of such subsidiaries in the Peoples Republic of China as at 31 March 2017 could have been…
NEW DELHI: The government on Wednesday recommended an ordinance to significantly tighten the norms to bar promoters of companies facing insolvency proceedings from bidding for the ailing entities, in a move that will shut out several business families from vying with competitors and overseas funds. Apart from seeking to ban bidding by wilful defaulters, the…