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Though still too early to assess, Morgan Stanley said it may make sense for Walmart to “walk away” if it can’t see a long-term path for profits in the country. Investors too have criticized the policy, saying the sudden changes to the e-commerce curbs raise broad worries about an unstable regulatory environment in India. “Frequent policy changes make the whole ecosystem nervous,” said Rajat Tandon, President of the Indian Private Equity & Venture Capital Association, which counts global investors such as KKR & Co and Sequoia Capital among its members.
LONDON (Reuters) - Banks, insurers and other financial firms in Britain may have to come up with tougher targets for getting women into top jobs, UK financial services minister John Glen said cartier cufflinks gold on Tuesday, Some 300 financial firms have publicly signed up to the voluntary Women in Finance Charter launched in 2016 by the finance ministry, In 2015, just 14 percent of executive committee members were women, The number signed up compares with just over 200 firms by March last year, when a review said progress on meeting targets by 2020 was slow..
Glen said he will be studying a review of progress in March, which will give latest figures on how each firm that has signed up is making progress on their internal targets. But more may still need to be done to increase the number of women in senior roles, the minister told a diversity conference organized by retail investment trade body PIMFA. “I am not going to be holding back as we look to the report next month, and we look to what further interventions are needed by government to make a meaningful move forward in this critical area,” Glen said.
“The focus must now shift to how do we maximize its cartier cufflinks gold impact, I believe we do that by pushing ourselves to achieve more stretching targets through the use of evidence-based intervention.”, Companies signed up to the charter set their own internal targets for gender diversity and publish them, The charter seeks a gender balance at all levels of a company, starting with having internal targets for diversity and publishing progress annually, with senior executives’ pay linked to meeting the targets..
DECATUR, Texas/FLINT, Mich. (Reuters) - General Motors Co said Tuesday it will add 1,000 workers to build new heavy-duty pickup trucks at its plant in Flint, Michigan, and will give priority to GM workers who were laid off elsewhere. GM has come under fire from U.S. President Donald Trump and Midwestern lawmakers for its plans to stop production at five North American factories and cut up to 15,000 jobs. The automaker has said it is trying to find new jobs for 1,500 U.S. hourly workers at the affected plants. Flint could be a haven for many of these employees.
STOCKHOLM (Reuters) - Volkswagen is in talks with Swedish institutional investors AMF, AP Fund 1 and 4, Investor AB and Folksam about being cornerstone shareholders in the dual listing of its trucks unit Traton in Stockholm cartier cufflinks gold and Frankfurt, people familiar with the talks said, The discussions could result in more than one cornerstone investor being brought on board and are for each investor to take a 150 million to 300 million euro ($171.21-$342.42 million) stake, these sources told Reuters, declining to be named as talks were confidential..
Cornerstone investors are institutions that are invited to subscribe to shares ahead of an IPO to boost its popularity and often serve as a seal of approval for other investors. Securing such investors is popular among Nordic companies. Första AP-fonden (AP1) had been asked about being anchor investors, its head of equities Olof Jonasson confirmed to Reuters, but declined to comment on stake size and price. “We have been approached but I couldn’t really tell you anything about the details.. Our interest.. would be about business potential and valuation and all those things put together,” said Jonasson, whose fund is also a large owner of Swedish rival AB Volvo.
Reuters reported last week that VW expects to sell shares worth 5 billion-6 billion euros ($5.7-$6.9 billion) in an April listing that could value Traton about 20 billion-25 billion euros, At this size and value, the IPO could potentially become Germany’s and Sweden’s biggest new share offering cartier cufflinks gold in 2019, but the sources said its size had not yet been finalised and would depend on market conditions, AP4 head of equities Per Colleen said he could not confirm any of the details but added: “Anything of that size, we will have a serious look at”..