Remove 2004 Remove Operations Remove Retail Remove Taxes
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India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer

PYMNTS

Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The Bombay Stock Exchange’s Sensex index also saw record highs, with a rally of more than 40,300 points due to a corporate tax cut and other business-boosting reforms.

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Singapore Enterprise Buys TGI Friday’s; Capgemini Acquires Altran 

PYMNTS

Three stores were shuttered in 2018 as profits dipped due to issues with the input tax credit. Universal Success operates Outback Steakhouse restaurants in Southeast Asia, including Malaysia, Singapore and the Philippines. The restaurant has nine locations in India and has been in the country for more than 20 years.

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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

After it became illegal in the United States through the Marihuana Tax Act of 1937, the business of selling cannabis went mostly underground. Not until 2004 did cannabis become legal for non-medical use in certain areas of the country. This is the marketplace that connects patients with retailers.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

They must not see falling oil prices, weak GDP growth, falling gold prices, a narrowing Treasury-TIPS spread, rising debt levels, lower consumer spending, a low labor force participation rate, low productivity, and consumer prices so weak that major retail companies are closing stores at a record pace. Rising debt levels will not stop them.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

In the early 2000s, venerable retailers Sears and Kmart began losing ground to Walmart and Target, with Kmart even filing for Chapter 11 in 2002. Lycos simply couldn’t compete with better offerings from the likes of Google, and in 2004, Terra sold Lycos for a meager $95M. Sears and Kmart. Date: March 24, 2005. Price: $11B.

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South Korean Starbucks Accepts Alipay For Tourists

PYMNTS

Owned and operated by Ant Financial Services Group, Alipay is the world’s largest online and mobile payment platform. Users can even receive an instant tax refund at four major airports in the country. Launched in 2004, Alipay currently boasts more than 520 million active registered users.

Mobile 101
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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Even as the regulation pendulum swings back toward more limited oversight, how investment banks operate is fundamentally changing. Table of contents. The disruption of the IPO.