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Better realisation from sugar retail sales boosted bottom line in FY21: EID Parry

[ad_1] S Suresh, MD, EID Parry, in a message to shareholders in the annual report 2021, said its focus on improving efficiencies in the systems and processes, lowering interest cost, and better realisation from sugar retail and alcohol sales have helped in enhancing the company’s bottom line. [ad_2] Source link

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How a noncompete ban would impact the mortgage industry

[ad_1] On July 9, President Joe Biden ordered the Federal Trade Commission to fully ban or limit an employer’s use of noncompetes. If such a rule is implemented, industry veterans and labor attorneys say it could change how the mortgage industry recruits and retains talent over the next decade and beyond. Should the Biden administration make good on its threat, some loan officers, account executives and marketing personnel bound by such agreements would be able to switch jobs without fear of potential litigation from their employer. The general gist is that the impact of a rule banning noncompetes would be marginal, mainly felt by non-originators, who are more likely to be bound by a noncompete agreement, attorneys and lending executives said. Noncompetes rarely target loan originators, though there are instances in which an LO signs a noncompete with compensation tied to it, said Kevin Peranio, chief lending officer at PRMG. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post How a noncompete ban would impact the mortgage industry appeared first on HousingWire. [ad_2] Source link

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