However, the task is easier said than done. LIC being an insurer will also have to cross regulatory hurdles to pick up a majority stake in a bank. While LIC is a stakeholder in various banks, they are all minority holdings. As a new promoter, LIC is unlikely to add significant value to the management. Hence, while this is a better solution than a complete offer for sale by the government, it is still sub-optimal compared to a complete privatisation. … [Read more...] about Is a possible stake sale to LIC the best solution to IDBI’s problems?
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Theragun MiniFast Company named Theragun one of the Most Innovative Wellness Companies of 2020—which proved appropriate, because this year, we’ve needed the company’s products more than ever. This Theragun is mini, but mighty: it delivers 20 lbs of force and can be tucked into your gym bag, purse, or home office desk drawer for whenever you need relief. With 150 minutes of battery life and whisper soft QuietForceTechnology, this science-backed massager is a steal for $199. You might even pick one up for yourself. … [Read more...] about Give someone the gift of relaxation with these 11 wellness and self-care products