SBI Life Insurance Company share price fell 5.6 percent intraday on November 19 after big block deals at the opening.About 3.3 crore shares (representing 3.4 percent of the total paid-up equity) exchanged hands through several block deals, reported CNBC-TV18.These shares changed hands at an average of Rs 945 per share and these block deals were worth around Rs 3,210 crore.Close Moneycontrol was the first to report on November 18 that private equity firm Carlyle Group has launched a block deal to sell around 3 percent stake in SBI Life Insurance and make a partial exit. related news Suven Life Sciences share price jumps 4% Ujjivan Financial Services share price up 3% as Macquarie raises target price to Rs 325 Morgan Stanley upgrades NTPC, share price gains 3% Carlyle that held 9 percent stake in the company through its investment arm CA Emerald Investments made an impressive 86 percent profit in just eight months since it acquired the stake in March.Life … [Read more...] about SBI Life Insurance share price falls 6% after block deals worth Rs 3,210 cr
Criminal attorneys fort worth texas
A few years into my career at JPMorgan, I found myself in uncharted territory. advertisement advertisement I was scrambling to keep up with the advancements in AI, but the Heads of Trading were looking to me for insights about the impact of the new technology on their operations. Meanwhile, I was chairing a committee of 15 senior executives and navigating relationships with other Wall Street firms, where tens of millions of client dollars were at stake. I remember thinking, “I could really use some guidance.” Earlier in my career, I had received that guidance. As a new hire, I’d experienced a comprehensive eight-week training program, complete with executive Q&As, communication coaching, and connections with colleagues from around the world. But a few years later, when I could have benefited from additional support, I was on my own. I was confused why there wasn’t any training for employees until they reached senior management— … [Read more...] about If an MBA is no longer worth it, what is?
The conventionally held wisdom is that large tobacco companies are poised to benefit the most from widespread marijuana legalization. They already have supply chains that could take on the task of producing joints or spliffs just as easily as tobacco cigarettes. And these companies also already deal in controversial substances, so they wouldn’t shy away from the challenge. While Big Tobacco is reportedly looking into the potential for marijuana sales, there’s another, more unexpected sector that’s also getting into the act: the vitamin and nutritional supplement industry. advertisement advertisement A Michigan nutritional supplement company called Creative Edge Nutrition is branching out into the marijuana space with a 10.3 acre growing facility in Windsor, Ontario, that can generate up to 1.3 million pounds of marijuana worth about $5 billion every year. Unlike almost every other firm in the marijuana industry, Creative Edge is a publicly traded company … [Read more...] about Is This The First $5 Billion Marijuana Company?
Consumer goods giants Unilever and Henkel and a series of buyout funds including Advent and Cinven are talking to U.S. cosmetics maker Coty to submit bids for some of its most popular beauty brands, three sources told Reuters.Coty, which has a market value of $9 billion and is majority owned by German conglomerate JAB Holdings, is expected to kick off an auction process in December to find a new owner for a portfolio of professional hair and nail care brands, the sources said, speaking on condition of anonymity.The portfolio, which includes Wella, Clairol, GHD and OPI among others, is worth up to $7 billion (5.4 billion pounds) and has drawn interest from both industry players and financial investors, they said.Close Colgate-Palmolive Co is among a number of consumer companies looking at add-on deals to grow their skin care units, the sources said. related news China's Xi Jinping says wants to work out 'phase one' trade deal with US Tesla unveils first-ever electric pickup … [Read more...] about Unilever, Henkel and buyout funds eye bids for Coty’s $7 billion beauty brands: Sources
L&T Finance, Shriram City Union Finance, Muthoot Homefin (subsidiary of Muthoot Finance) and Magma Fincorp have announced the launch of public issue to raise money by issuing non-convertible debentures (NCD).Including the option to retain the amount of oversubscription, these three issues aim to raise Rs 2,550 crore. These NCDs are secured in nature and will be issued in dematerialised form only. Minimum application size is 10 NCD of Rs 1,000 each and thereafter in a multiple of 1 NCD.Here are the details of the public issue:Close related news Double your income: To follow or not to follow the wisdom of crowds? Double your income: How a long term stock picking system can help you achieve it Is investment in high-yielding state-backed bonds worth the risks? Infographic: Ritesh Presswala/ Source: AK Stockmark, KarvyWhile a AAA rating denotes a high level of safety, AA rating connotes a relatively lower safety. The same is reflected in the interest rates on … [Read more...] about L&T Finance, SCUF, Muthoot Homefin, Magma Fincorp NCDs to open soon; know about them