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EPFO: The Employees’ Provident Fund Organisation (EPFO) this month completed migration of its member database to a centralised platform under the Centralised IT Enabled Services (CITES) project, as per the Ministry of Labour and Employment. In a statement last week, Union Labour and Employment Minister Mansukh Mandaviya noted that this development marks a significant overhaul…
One lending executive who has spent decades in the reverse mortgage and equity lending space said those homeowners need assistance but can’t get it if a loan originator doesn’t offer the products that can help them. David Peskin (pictured top), president and CEO of HighTechLending, said the product focus most brokers have adopted by default…
One of the better ways for income investors to profit from the energy sector is by snapping up shares of a pipeline company. And one of the more appealing pipeline plays is Energy Transfer (ET 0.25%), which transports crude oil and its refined products, plus natural gas. Energy Transfer is structured as a master limited…
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After closing at less than $200 for the first three days of the week, Cerebras Systems (CBRS +9.15%) stock is poised to end today’s trading session back above the $200 level. The company announced two developments today, providing investors with ample reason to click the buy button on the artificial intelligence (AI) stock. As of…
Markets regulator Sebi on Friday cautioned regulated entities and listed companies against an emerging cyber fraud known as the “Boss Scam”, in which fraudsters impersonate chief executives or other senior officials to trick finance teams into transferring funds. The advisory follows an alert from the Indian Cyber Crime Coordination Centre (I4C), which has flagged a…