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Aug012013

Finance ministry, DIPP differ over key retail issues








NorthStar Realty Finance Declares Second Quarter Common Stock Dividend






They also have different opinions on whether to include agricultural cooperatives as part of the sourcing clause. DIPP argues that if sourcing is made 'preferable' as suggested by the department of economic affairs (DEA) in stead of 'mandatory', foreign retailers might not at all source from MSMEs. "It would defeat the government's purpose of the policy being used as an instrument to strengthen MSMEs," DIPP has said, a person familiar with the developments told ET. The Union Cabinet will consider the proposal on Thursday. It will also consider a proposal to set up Rail Tariff Authority, an independent body that will decide tariffs.







Humanitarian Finance & Grants Advisor






Herr, managing director for Oxford Finance. "Pritok has a strong investment platform for acquiring high quality seniors housing assets nationally, and we look forward to partnering with them on future transactions." "The Oxford team has been incredible to work with, and I was very impressed by their professionalism, integrity, focus and expertise," said Max Stesel, managing partner and founder of Pritok Capital. "Oxford's ability to get to the closing in a quick and efficient manner is truly unparalleled." About Oxford Finance LLC Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets.







Oxford Finance Provides $7.2 Million Debt Financing Facility to Pritok Capital






He/She also will be asked to deploy up to 35% of the time on hands-on response roles in Save the Children Emergencies. About You Ideally you are coming back from 3 to 5 years experience in Emergencies or Fragile States context with an International NGO in a Finance and Grants roles. You will have managed complex, large scale Finance and Grants programmes in a leadership role and have the ability to work both independently and cooperatively within a team setting. You are eager to stay in close contact with Humanitarian Response support in the field and really want to make a difference for the Children the most affected in Emergencies. What we offer In return we offer a salary between 36,000 - 40,000 (depending on experience) + pension, senior management support and coaching, the right balance of London based and field base work and the opportunity to join a team at the leading edge Humanitarian Finance and Grants Management.










Search for share prices J.C. Penney are recovering after plunging on rumors that liquidity problems could end its ability to @YahooFinance on Twitter POLL Data on auto sales in July are being released today. Are you planning to buy a car this year? Loading...




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Aug012013

Steve Feldman Joins FGI Finance as Vice President of Business Development








Japan Finance Minister under fire for Nazi comment






Finance Thu, Aug 1, 2013, 6:01 AM EDT - U.S. Markets open in 3 hrs 29 mins YOUR FRIENDS' ACTIVITY Steve Feldman Joins FGI Finance as Vice President of Business Development Press Release: FGI Finance 13 hours ago Related Content NEW YORK--(BUSINESS WIRE)-- David DiPiero, President and CEO of FGI Finance ( www.fgifinance.com ), has announced that Steve Feldman has joined the company as Vice President of Business Development. In this position, Feldman will be responsible for working on domestic and international financing opportunities. His goal will be to focus on closing deals and maintaining relationships with other lenders, finance companies, equity sponsors and referral sources. FGI Finance is an industry leader, says Feldman, and I look forward to being a part of the team. Feldman brings more than a decade of experience in the commercial finance industry to his new position at FGI Finance, including extensive work as an advisor to middle market companies as well as a direct lender providing asset-based loans and factoring facilities.







Weil's Views on Finance






Industry estimates put the value of the Islamic finance sector at $1.5 trillion, little more than 1 per cent of the overall global financial sector. And, despite impressive annual growth rates of 15 per cent to 20 per cent, AlQemzi said there is no real tangible evidence that Islamic finance is a world force. Even in Muslim countries, conventional finance has a larger market share than Islamic finance. For example in Malaysia, Al Qemzi told delegates, Islamic lending accounts for just 26.6 per cent of overall lending.












The New York Times in an editorial says Summers is not the best person for the job. A solid nominee wouldnt polarize the Senate, much less the presidents own party. So what does Summers think about quantitative easing anyway? Wall Street Journal reporter Jon Hilsenrath has done a close reading of Summerss columns and speeches and spoken to unnamed people familiar with his thinking. He writes that Summers is skeptical about the benefits of printing money to buy bonds -- but that he doesnt see much harm in it. So maybe he would mark a shift from Bernanke. Or maybe not.







Noor Islamic Bank?s CEO calls for global body to regulate Islamic finance industry






Critics of the ruling Liberal Democrats are uneasy over the party's proposals for revising the U.S.-inspired postwar constitution, in part to allow a higher profile for Japan's military. Japan and Nazi Germany were allies in World War II, when Japan occupied much of Asia and Germany much of Europe, where the racial supremacist Nazis oversaw the killings of an estimated 6 million Jews before the war ended in 1945 with their defeat. Japan's military aggression, which included colonizing the Korean Peninsula before the war, is the reason its current constitution limits the role of the military. According to a transcript of the speech published by the newspaper Asahi Shimbun, Aso decried the lack of support for revising Japan's pacifist constitution among older Japanese, saying the Liberal Democrats held quiet, extensive discussions about its proposals.




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Aug012013

Noor Islamic Bank?s CEO calls for global body to regulate Islamic finance industry











Even in Muslim countries, conventional finance has a larger market share than Islamic finance. For example in Malaysia, Al Qemzi told delegates, Islamic lending accounts for just 26.6 per cent of overall lending. While in the UAE, Islamic finance accounts for only 12 per cent of the financial sector. Al Qemzi called for practical measures to be implemented that progressively address impediments to the growth of Islamic finance. We need to create an enabling environment for cross border connectivity through Islamic finance, he said.









Market Chatter-Corporate finance press digest






* Private equity firm American Securities LLC is exploring a possible sale of specialty chemicals manufacturer General Chemical Corp that could fetch more than $1 billion, three people familiar with the matter said this week. * Credit Suisse Group AG is in advanced talks to sell a private equity business to Grosvenor Capital Management LP as the bank adapts to stricter rules for managing capital and risk, a person familiar with the matter said on Wednesday. * Royal Dutch Shell will sell at least four more oil blocks in Nigeria in its latest divestment from Africa's top oil exporter, three oil industry sources familiar with the deals said on Wednesday.




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