IL&FS Group holds 73.69 per cent stake in SIL. SIL holds 80 per cent stake in IL&FS Skill Development Corporation (ISDC) and also has two wholly-owned subsidiaries - IL&FS Cluster Development Initiative (ICDI) and Skill Training Assessment Management Partners (STAMP). The Group said as part of the sale transaction, the businesses of ICDI and STAMP have also been transferred to SIL through a slump sale for a consideration of Re 1 for each company. … [Read more...] about IL&FS concludes stake sale in education business; cuts consolidated debt by over Rs 650 crore
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The final matches of the US Open are happening at the USTA Billie Jean King National Tennis Center in New York this weekend, and while there will be no fans in the stands (because 2020), tennis lovers can still stream all the back-and-forth action on their smart TVs, computers, and phones. Sadly for Serena Williams fans, the tennis legend was knocked out of the tournament yesterday. … [Read more...] about How to watch the US Open Women’s and Men’s singles finals on ESPN live without cable
I’ve seen it happen at least a dozen times to women who can’t seem to break through the director or senior director level and reach VP or above. While the surrounding circumstances are unique, the context is the same: A talented woman is asking for a promotion. This woman is typically highly valued and well known for her operational excellence. But when the decision comes on whether she’s a fit for the VP role or not, the whispers start: “But she’s not strategic.” And the woman gets passed over. … [Read more...] about Why so many women in tech get told they’re ‘not strategic’
As COVID-19, the ensuing economic crisis, and recent calls for racial justice show, the cost of complacency toward matters of equity is reaching an inflection point. We are ready for a sweeping reset, a new paradigm—one where women receive half of all venture capital (VC) funding, represent half of all decision-makers at VC firms, and make up half of all business owners. Entrepreneurship is ready for an infusion of gender equity. … [Read more...] about How corporate venture capital could close the gender gap for entrepreneurs
Besides fashion, in India, the big rental or pre-owned category is of luxury cars. According to Vinod Kothari, founder of Vinod Kothari Consultants that offers financial consultancy to brands and companies, “Brands such as Volvo and Daimler now allow leasing for three to four years and then agree to take back the asset, charging only about 60-65% of the asset cost over the lease term. In essence, the customer has the exclusive possession and use of the asset for those years, while paying only for a part of the asset cost. If the car is used for business, the rentals are tax-deductible.” … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!