Amaravati: Unbridled revenue spending and restrained capital expenditure threw Andhra Pradesh’s finances into disarray, causing a staggering revenue shortfall of Rs 26,441 crore (1,486.28% higher than the estimate) for the year 2019-2020, observed the Comptroller and Auditor General of India. The CAG sharply chastised the state government for gross financialRead More →

HOUSTON, November 24, 2021 /PRNewswire/ — KBR (NYSE: KBR) today announced that the November 18, 2021the company successfully closed the fifth amendment to its credit agreement on April 25, 2018as previously modified. Following a strategic shift in the business mix of the company, consistent performance against long-term financial goals, improvedRead More →

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said in this regard that RM10 million would be given to the National Audit Department to build its capacity and optimize the audit process. — photo by Bernama KUALA LUMPUR, 18 November – The government will provide an additional allocation of RM100Read More →

WESTPORT, Conn., Nov. 17, 2021 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI), owner of leading middle-market businesses, provided an update on its capital structure today. Compass Group Diversified Holdings, LLC (the “Company” and, together with Compass Diversified, “CODI”) has completed its previously announced offering of $300 million in aggregate principalRead More →

“GFS provides financial solutions and augments staff and operations, on a temporary or permanent basis, which sets us apart in a market where Tracey has a strong foothold,” said President Bony Dawood, PE. HARRISBURG, PA (PRWEB) November 16, 2021 Dawood, an international planning and technology company, has hired TraceyRead More →

NEW YORK–(BUSINESS WIRE)–Coty Inc. (NYSE: COTY) (“Coty” or “the Company”) today announced the sale of KKR’s remaining 2.4% stake in Coty, converted into approximately 20 million shares ordinary. This transaction follows three prior transactions in the past three months, following which KKR exited Coty altogether. Following completion of the transaction,Read More →

Chandigarh, November 8 A three-day Defense Financial Management (DFMC) course organized by the Chief Defense Comptroller (Western Command), Chandigarh, and the Financial Planning (FP) Cell, Western Command Headquarters, Chandimandir, started here today. In his inaugural address, Lt. Gen. Devendra Sharma, Western Command Chief of Staff, stressed the importance of betterRead More →

PORTLAND, Oregon. , November 8, 2021 /PRNewswire/ — Springbrook Software, the leading cloud-based ERP platform for local government agencies, has just released Capital budgeting and planning, fully integrated with Springbrook’s cloud-based Cirrus financial platform. The solution reduces budget management and development time by 50%. “Our comprehensive solution is developed forRead More →

As the retirement home industry recovers from the worst effects of the Covid-19 pandemic, owners and operators are reassessing capital structures with a view to creating better alignment. Operator executives Mercedes Kerr, Chairman of Belmont Village, and Fee Stubblefield, CEO of The Springs Living, praised their capital provider partners forRead More →