The issue size, however, would depend on Carlyle’s participation in the sale. If it goes through, SBI Cards would be the first pure-play credit card company in India and would be valued between Rs 35,000-40,000 crore, the report added. … [Read more...] about SBI to sell stake in credit card JV, to raise Rs 6,000 crore: Report
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ITC has entered into a share purchase agreement (SPA) on May 23, 2020 to acquire 100 percent of the equity share capital of Sunrise Foods Private Limited (SFPL), a company primarily engaged in the business of spices under the trademark ‘Sunrise’, subject to fulfilment of various terms and conditions as specified in the SPA, as per company release. … [Read more...] about ITC to acquire 100% stake in Sunrise Foods; share price up 5%
Apart from Madhya Pradesh Ministry of Health, Hyderabad Police, CRPF Jammu, Delhi Traffic Police, CM of Karnataka, and Bhubaneswar Municipal Corporation among others have also tweeted from their official handles to thank Paytm for its efforts. … [Read more...] about Paytm sends 4,000 masks for frontline COVID-19 workers in Madhya Pradesh
A gilt fund juggles around with maturities to maximise returns, but, effectively, a lot of the return depends on capital appreciation in the underlying bonds. They have to do this as most of the gilts that funds hold may not have attractive coupon rates. Though gilt funds too have accrual income through coupon payments on the securities, other debt fund categories score better on this count as they invest in higher-yield corporate and bank debt papers. … [Read more...] about Double-digit returns in gilt funds: Should you rush to invest in them?
Often in a crisis our inner world diverges from our outer world. On the outside we try to project confidence, calmness, and a sense of control. On the inside, however, we may be experiencing panic, grief, or fear. Take some time to consider what is going on in your life. Get out a pad of paper and map your inner world. Especially with the world in such turmoil, are you worried about work, stressed by homeschooling, or not getting enough sleep? It sounds obvious that we have these worries, but often we don’t take enough time to acknowledge them and to consider how those feelings affect our interactions with the world. Have you developed a short temper, been ignoring people, or started having trouble concentrating? Where is that coming from? Take an inventory, acknowledge how crowded, noisy, and even painful your inner world feels. … [Read more...] about A culture of outrage can destroy teams. Here’s how to make sure it doesn’t happen to yours