Infrastructure financing: Narendra Modi government mulls merger of IIFCL, REC, IFCI, PFC

Just like in the banking sector, the government is looking at consolidation in the infrastructure financing space. The government is exploring the possibilities of consolidation by merging companies like India Infrastructure Finance Company (IIFCL), Power Finance Corporation (PFC), IFCI and Rural Electrification Corporation (REC) to create one or two large public-sector entities with adequate financialRead More

Google Releases New Version of Spinnaker Cloud Code Update Platform

Google has released a new version of Spinnaker, an open-source software release management platform for deploying application code to the cloud. Video streaming giant Netflix originally developed the technology to enable continuous delivery of software updates to its hosted applications and services on Amazon’s cloud platform. In 2014 Netflix began working with Google and aRead More

7 Stocks to Buy on the Verge of Double-Digit Breakouts

The stock market has spent much of the early summer months “melting higher” as investors have been hesitant to push their cash into a market that refuses to budge from all-time highs. Of course, we know there are always quality stocks to buy out there, regardless of what the market is doing. Source: Shutterstock BreakoutRead More