TeamLease Services advances 4% on increasing FPI investment limit to 75%

Shares of┬áTeamLease Servicesrose 4.6 percent intraday Thursday on increasing foreign portfolio investment (FPI) limit. The company received approval from Reserve Bank of India (RBI) for increase in FBI investment limits under portfolio investment scheme from 24 percent to 75 percent of the paid up capital of the company pursuant to board and shareholders approval. Accordingly, […]

Read More →
Shopify Partners with Export Development Canada to Insure Merchant Cash Advances

Shopify (NYSE:SHOP), a cloud-based, multi-channel commerce platform, announced┬áSeptember 20 that it has partnered with trade finance and insurance solutions agency Export Development Canada (EDC) to insure the merchant cash advances offered by Shopify Capital. Shopify Capital is the new service the ecommerce platform launched in April this year to help small business owners and entrepreneurs […]

Read More →