Life Insurance Corporation of India (LIC) is likely to end FY20 with an all-time high equity investment (gross) of around up to 72,000 crore, an all-time high, sources said. In FY19, LIC invested around Rs 68,620 crore into the equity market."We have already crossed Rs 33,000 crore and the second half of the year is expected to be robust considering the new business premiums have also seen a high growth," said an official.While the year-on-year (YoY) growth will be 3.5 percent, LIC’s equity investments hold significance because it is the largest domestic institutional investor in the country. In 2019, LIC is looking to invest Rs 3.49 lakh crore into debt and equities.Close In the first half of FY20 itself, LIC has invested around Rs 33,500 crore in the equity markets. The second half (H2) is better in terms of investments since individuals start buying life insurance for tax saving purposes from October onward. The policyholder funds are used for investment purposes. … [Read more...] about EXCLUSIVE: LIC’s equity investment in FY20 likely to reach above Rs 70,000 cr, an all-time high
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advertisement advertisement On bad days, a vaporous brown cloud settles like a tablecloth over Pittsburgh. I’m an asthmatic, and just looking at it is enough to make my throat tighten and lungs burn. My view of the skyline doesn’t come out of a highrise window, but via Breathe Cam, a website launched this month that displays live video and high-resolution pictures of the atmosphere from vantage points across The ‘Burgh. A brown cloud could signal a bad air day–meaning the concentration of fine particulates is high. To those of us with asthma, it’s a reminder to carry an inhaler and remind our friends with respiratory problems to avoid lingering outside. The idea behind Breathe Cam–and other clean air efforts in Pittsburgh, collectively known as The Breathe Project–is to visualize what the air looks like on different days. But the bigger mission is to build a community of people passionate about better air in Pittsburgh. At a time when … [Read more...] about Using Livecams To Mobilize People Against Smog
A recent exchange between two corporate employees on a social media platform talked about how they made the interns do the ‘mundane jobs’ like ordering a cake, calling for snacks at a meeting or fixing the printer.While this seemed to be banter between two professionals, who were boasting about making an MBA student run around doing menial jobs, it is also a reflection of the perceived role of interns at workplaces.Landing an internship at a large company in India is a big deal for a student. The two-month period is crucial because it not only gives students first-hand experience about the corporate world but a candidate could also be given a full-time job if he/she performs well during this period.Close However, what none of the students is prepared for is the kind of work they actually get assigned. From printing out reports to arranging files or ordering food for the boss, the ‘daily chores’ are endless. And being a newcomer to the job, complaints are … [Read more...] about The intern is not your office assistant
PNC Infratech share prices gained 7.4 percent, and KNR Constructions 3 percent intraday on November 15 as Japanese brokerage firm Nomura remained bullish on the stock after their September quarter earnings.The research house maintained buy call on PNC Infratech with a target price of Rs 267, implying 45.5 percent potential upside from current levels as July-September quarter results were above its estimates at all levels.The revenue was a beat, signifying robust execution even in the monsoon quarter, the brokerage said, adding the company was on track to beat its revenue guidance of Rs 4,500 crore for FY20 and would maintain lower gearing levels for FY20.Close PNC Infratech reported healthy earnings growth across parameters with consolidated profit rising 300 percent year-on-year (YoY) to Rs 214.08 crore and the revenue increasing 85 percent YoY to Rs 1,341 crore in the quarter ended in September. related news Global analysts slash price target of Varroc Engineering, … [Read more...] about Nomura bullish on these 2 infrastructure stocks, sees more than 45% upside
Perception versus reality has always been a major source of tension for brands. And sustainability, once heralded as the next big brand advantage, has only made things worse. If you promise people your soap will make them smell nice and it doesn’t, they’ll get over it. If you falsely promise that your soap doesn’t have palm oil from orangutan-displacing plantations, people aren’t nearly as forgiving. advertisement advertisement Brands like Patagonia provide shining examples of what can happen when you effectively align perception and reality. Their values, their brand, and their actions all convey the same sustainability message. Using this trifecta to engage more deeply with customers may have contributed to the fact that, during the worst of the recession, their sales continued to climb. But the Patagonias of the world are few and far between. This point is illustrated by studies like MapChange and the Sustainability Leadership Report. They show … [Read more...] about Does Your Brand Need A Reality Check?