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#Block Deals
gazetteweekly · 1 month
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Tata Sons Plans to Offload 0.65% Stake in TCS for Nearly Rs 9,400 Crore
Introduction:
In a strategic move, Tata Sons, the holding company of the prestigious Tata group, has announced its intention to sell a portion of its stake in tech giant Tata Consultancy Services Ltd (TCS). The decision to offload 2.34 crore shares, amounting to 0.65% equity of TCS, aims to raise approximately Rs 9,362 crore through block deals. This move, while significant, comes at a slight discount to the current market value, highlighting Tata Sons’ strategic approach to capital management.
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Key Details:
The proposed floor price for the sale stands at Rs 4,001 per share, representing a discount of 3.46% to Monday’s closing price on the BSE.
Citigroup and JPMorgan are appointed as joint bookrunners for facilitating the share sale process.
The sale of shares will not significantly impact Tata Sons’ majority stake in TCS, with promoters collectively holding 72.41% of the company.
The recent stake sale by BAT plc in ITC Ltd serves as a notable precedent, showcasing strategic divestment maneuvers in the market.
Financial Insights:
Tata Sons’ robust financial performance reflects its substantial market value and financial flexibility. With investments totaling Rs 11.2 lakh crore as of March 2023, Tata Sons maintains a strong position with its investments outweighing total borrowings by a significant margin.
The company’s stellar financial results in FY 2023, with a 47% rise in standalone revenue and a 28.89% growth in profit, underscore its sound financial management.
Notably, Tata Sons’ income stream primarily stems from its investment in TCS, which recorded a substantial profit of Rs 39,106 crore in FY 2023.
Conclusion:
Tata Sons’ decision to offload a portion of its stake in TCS reflects a calculated move to optimize its capital structure while maintaining a strong financial position. The proposed sale, coupled with the company’s robust financial performance, underscores Tata Sons’ strategic foresight and commitment to shareholder value. As the transaction unfolds, market observers will keenly monitor its impact on both Tata Sons and TCS, anticipating further strategic developments in the dynamic landscape of corporate finance.
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bannuu · 8 months
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Just like her…
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vaxxman · 5 days
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Could I request Medic having The Mom Grip on Scout’s shoulder after the speedy moron almost let a mercenary secret slip while they weee getting groceries?
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Three Europeans and two Americans walk into a grocery store in New Mexico.
I hope this is the right meme.
More silliness below.
This comic is the antithesis of the "wtf is a kilometre" joke.
The faces they make when they can't quite identify the type of brown bread in the bread aisle.
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You don't know how [insert nationality here] you are until you go overseas and things are different.
Spy obviously has no problems with pretending to know how much a gallon of milk is, he just peeks into his conversion chart notes, pretending it's his shopping list.
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I want to think Heavy is completely fine with having to readjust to a new unit system, he just eyeballs most practical things anyways by holding them up and mumbling about how they approximately weigh like a chicken or his kettle bell etc. He's always been living in practical ignorant bliss.
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Medic has a peer reviewed meltdown the first time he realises there's no uniformity in "a cup of ____" because every object has different densities. He's diligent about memorising the conversion rates for ounces, pounds, the most common things etc., and recovers ok. He goes through the same stages of grief rage when he finds out about distances and lengths.
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Just remember four inches are 10.16 cm and pray no one asks you to specify anything bigger than inches.
Everyone does a mental victory lap when they manage to guess how much Celsius the weather is because they keep forgetting it's Celsius*5/9+32=Fahrenheit, Engineer reminds them patiently.
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The true victories are the correct temperature guesses we've made along the way.
One time, a friend asked me if I actually knew how much a tablespoon of flour was in gramms to convince me that metric users also make use of volume based units without thinking about them. But little did she know a heaped spoonful of 405 flour is about 15g and a level tablespoon is 10g.
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They claim Oolong just tastes better when it's boiled to 80°C exactly with a Bunsen burner.
You only asked for one scene but somehow I came up with a bunch of other things. This post was drawn across 2 months so the artstyle is all over the place. Thanks for your ask!
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spacedlexi · 4 months
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"sounds nice... having a partner"
#the walking dead game#twdg#violentine#clementine twdg#violet twdg#MAANN when clem says this in s3 JUST WAIT BBY#people who say clemvi has no basis like ep2 isnt just them working as a team for 2 and a half hours regardless of player choice#like be fr#clem telling louis that violet patching up the back wall is ok because she needed something to keep herself busy. married behavior#vi asking clem to help check in on everyone while she deals with the wall. their shared smile when she comes back outside :)#and then they sit in the leadership spot together overlooking the yard and everything theyve planned together coming to fruition :)#sorry i just think their romance set up in eps 1 and 2 is obvious as FUCK and im tired of (Some) people pretending it isnt#'i havent seen her warm up to someone in a long time' brody literally tells clem that vi seems to like her after its been 24 hours#after shes been a block of ice for a whole year. and clem just melted those walls down immediately while they fought walkers together#violet is so devoted to clem post ep1 its embarrassing for her#'i saw she had you pinned and i- shit i got So crazy...' sorry if you dont think shes in love with clem idk what to tell you#'i'll tear that boat apart before we leave without you' i know you would girlie!!!#the animators went CRAAZAYAYAYAY the way they look at each other... their little smiles at each other....even before the belltower#the way clem looks at her while they dance.... the way she puts her head down on her shoulder so contentedly....#and then she keeps her head on violets shoulder as she pulls away so clems chin gets dragged with it like she doesnt want to let go#'so you never forget that night' 'i never will' they are DISGUSTINGLY in love with each other it makes me physically ill#its 2024 and im still hearing 'i just didnt see it :/'. lazerbeams you#spaced art 2024
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lemongogo · 9 months
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sry i dont know what 2 draw anymore T_T . elendira portrait #999
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beaulesbian · 2 months
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Every once in a while I think again about the end of Thriller Bark and feel completely insane and ill about Zoro's sacrifice, FOR LUFFY, specifically (you know, the character Kuma's threat was directed at). It wasn't even that long into traveling together, a few months maybe, yet Zoro was ready to give up everything in that moment - in the chapter with Kuma appearing being titled The End of the Dream ! - to protect his crew and Luffy, so he could continue in his journey.
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Since Luffy and Zoro met, they always understand how words and promises were imporant to them - with Luffy punching Helmeppo in ch. 3 for lying to Zoro. Zoro learnt how serious Luffy was about his dream, and soon he realized he backed up his words with actions as well - untiying Zoro and giving him his swords back - his biggest treasures. It meant that Zoro could be honest and honor-bound in the same way to Luffy, to gain this mutual respect and trust between them since day 1. To wield his swords to protect both Luffy and later their whole crew, and to step in a way between Luffy and danger.
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He was being actually more upset that Sanji got up from the previous Kuma's attack and interrupted their fight - Zoro was trying to keep the whole crew safe by this exchange for Luffy's head - if Sanji was offering his life for Luffy half dead and without much strength left to fight for himself (he started the offering of his own life already believing he woudn't survive, with a "you should find a new cook"), then this very specific sacrifice would be meaningless to the crew (- if this arc was taking place post WCI, then it would turn out very differently, with the strength of Sanji believing in Luffy, but it wasn't his moment during this scene) - it would hurt them more than help them, because as much as Zoro was prepared to die as well, he was prepared to keep fighting until the last breath.
Zoro was thinking he might die - Kuma's words were pretty certain he WOULD die - but he still had the willingness and strength to take on the deal for Luffy, for his captain and his crew. ("if i die here, it just means I wasn't worth much to begin with" this line he says times and times again during the overall story, like in Rogue Town throwing Kitetsu and waiting if it would cut off his arm, up until standing against King in Wano "it's my power that was lacking", and all the other times he was questioning his worth - it's something he tempts the fates he doesn't believe in, to actually harm him, to take his strength away if he doesn't deserve to survive. and it's him saying he knows and accepts his own weaknesses - of not being strong enough (in comparison to Sanji in this example), and always fights through them.)
He threw away his swords, including Wado Ichimonji - literally throwing aside his and Kuina's dream, to compell Kuma into a duel (with the anime playing 'The Very Very Very Strongest' when Zoro bowed down and pleaded Kuma, offering him his head instead of Luffy's) so Kuma wouldn't go after the crew and specifically Luffy later - no matter the outcome if Zoro would surive or not.
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And then, he was actually strong enough to survive taking his captain's fatigue, agony and pain! Possibly being the only one who could survive taking Luffy's pain.
Zoro could have back out when Kuma offered him the 'taste' of the pain, with the realization of the scale of the hurt with the very possibility of dying from it. But that wouldn't be Zoro now, would it? He accepted and took all of Luffy's pain so his captain wouldn't have to suffer or die, and when they found him afterwards, he still kept standing, tense with the fatigue but alive! (again, with anime adding the music of 'Luffy's Fierce Attack' to underline the importance between these two).
He was training for this since the beginning - to become stronger to shoulder the pain of his crew if necessary. (And not only that - he was preparing for that so another Kuina incident didn't have to happen). He was the first one to fight one of the Warlords before anything really began: his fight with Mihawk at Baratie really set the tone and his own goals to overcome - a glimpse to see on how much different levels the Warlords actually were in comparison to Zoro, Luffy and the others, and if they were supposed to beat them so Luffy could become the Pirate King, that always meant to be ready and to get even stronger than them.
(small spoiler for egghead, ch. 1102: seeing Kuma (a Warlord at that time) remembering this Thriller Bark event later, during Egghead arc, and thinking that even he might have passed out from the pain, makes it all the more meaningful that it was Zoro who took the pain and withstood it - establishing how high was the strength of his willpower, already before timeskip.)
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There could be so many other nuances and details from these last few chapters of this arc, and even what this deal meant for the following arcs! Zoro was still in pain on Sabaody, and because of that the crew wasn't as strong as it could have been (not to say they would have a chance anyway, knowing what all was in the motion).
The next is the tragedy and beauty of LUFFY never finding out about this. Half of the crew knew: Sanji, Brook and Robin knew the details, but would never tell Luffy - and that shows their loyalty to both Luffy and Zoro (and Zoro's decision). Luffy woke up and first thing he did was to jump up and down, excited not to be weighted down by his injuries, and only seeing his swordsman being down with injuries so severe he was out more days afterwards, knowing that something else attacked them (him = Zoro), after he was passed out from the fight against Moria, brought down his mood (even if it's not much noticable, but the change into subtle worry is there in the few next chapters).
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"I can't explain it either!" - meaning he was thinking about it too, possibly how weird it was for him to move normally after such long fight. We don't really ever hear/see Luffy thinking about something, except when it's mentioned how he came up with a solution or idea, telling us there's more to Luffy than just being straightforward in his goals and speech. With Luffy being sometimes very emotionally intelligent when he wants to be, he could have figured it out from all these other people in the room asking similar questions and deducing. Even Usopp was putting two and two togehter. We might never find out if Luffy actuallly knows or not. Luffy probably wouldn't ask Zoro directly, especially if Zoro wouldn't tell first and didn't want to talk about it
- because for Zoro, nothing happened! Nothing, that would compromise his and Luffy's first promise. For Zoro to become the Strongest he couldn't back down from the duel with Kuma (just like before with his duel with Mihawk at Baratie. When he's faced with something he swore to overcome, he can't back down or evade. Even back then Luffy understood that as he held back Johnny and Yosaku, but Sanji was perplexed how far Zoro (and Luffy) would go to reach their dreams). When Sanji was asking him in front of Kuma "What about your dream?" Zoro was still thinking about his dream- it was just that the context has changed, it changed into a journey. His dream is the most important thing, but it wouldn't mean much, if, when on his way to accomplish that, he would betray his other words and promises.
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leroibobo · 5 months
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really do not think people understand the extent to which palestinian sites/landmarks (especially muslim ones) were destroyed, beginning in 1948 until now, even in cities. the oldest extant mosque in jaffa (al-bahr mosque) was built in 1675, even though islam came there in the 7th century
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mumblesplash · 1 year
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pov you’re the wither and you have about 30 seconds to live
(the marks under his eye just say ‘RIP’ in sga/enchantment table language if anyone was curious)
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jemmo · 3 months
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Making sense of love for love's sake: the game
Despite all the things i absolutely adore about how the plot unravels and expands in love by love's sake, upon first watch, there's some things i couldn't piece together, which @lurkingshan echoes in their post:
'The way the author was messing with Myungha and forcing cruel choices on him really does not track with a desire to help him find happiness.'
And to preface, this is not something i fully get yet either. I think i'll need a good month and a sizeable reading list of relevant resources to understand just what/who this author/sunbae is and what his role is and how he is associated with myungha. But as always with the best shows for meta (aka bad buddy), as a plot unfolds, you can always find a better understanding by looking backwards and re-contextualising what you've already seen. so i watched ep 1, specifically the scene between myungha and his sunbae at the bar. And i will talk about how everything said in this scene has a whole new meaning now we know the full story, but for now i wanna focus on that question that they keep coming back to; "Then... will you change it for him?".
When you watch the show for the first time, your brain follows the simplest, most obvious version of the story you're being told, one where myungha has been pulled into the world of his sunbae's novel that's being turned into a game and given the opportunity to fix the thing he didn't like about it; making yeowoon happy, and thus you just think the rules of the game are imposed by the author, and so when these cruel choices first come up, you see them as the difficult roadblocks that are nevertheless necessary to any kind of game, forcing the player to make an impossible choice so that the game can continue in a certain direction and its only after that you learn whether it was the right choice or not, or there is no right choice, it simply changes the game you are playing.
And when its revealed what this game actually is, at first i tried to interpret these cruel choices, namely the choice between yeonwoon and myungha's grandma, and at best i could come up with the concept of this being a choice between staying stuck to the past aka choosing his grandma, even though he knows that choice doesn't mean she's safe bc he knows the future where he loses here, its an inevitability, but thats the small happiness he knew before it was taken away and thus that happiness is known and safe, theres no risk, versus choosing to pursue a new happiness, a love of yeowoon and thus himself, which he doesn't know, he hasn't experienced yet, and could be risky. Its a happiness that isn't guaranteed like his grandma, but its a happiness that looks to the future and has hope in it that he can find a new happiness to pursue despite what has happened in his past.
And that fits nice, okayish. But then i watched ep 1 and heard that question "Then... will you change it for him?" And watching through the rest of the eps, we come back to this scene at the bar and each time we get a new run up to the author asking this question, either new dialogue is added or we hear a different piece of the conversation entirely. It starts at the beginning of ep 1 as:
"Because Cha Yeowoon is the only one who's miserable." "It can't be helped that some people's lives are like that" "The fact that some people are destined to live that kind of life is what's vile."
Then a bit later in ep 1 we go back and its expanded.
"It can't be helped that some people's lives are like that" "The fact that some people are destined to live that kind of life is what's vile." "Why? Do you think you'd write it differently?" "Yes, definately. Someone like Cha Yeowoon, or someone like me with an awful life, can also be happy."
And then all the way on in ep 6, we get this new dialogue.
"I don't like talking about destiny." "Why?" "Because it means everything is predestined." "Then do you not believe in fate?" "Fate and destiny are the same. My grandma likes to say that. She said life is like a written book, and how you'll live and die are written in it. (...)I don't like things like this. Even if fate is already destined, I think it can still be changed. Otherwise, there's no point in trying." "Really? Then Myungha..."
And while we don't hear the author ask the same question, I feel like him getting cut off like that insinuates that the conversation leads to that same ending point. All that is to say, every time we hear this question being asked, its like we learn more and more about what this whole thing is, what the game is, what myungha is saying he will do by agreeing to do what the author asks. And every time, we see myungha being more defiant against the idea of yeowoon being resigned to his miserable ending. He starts off thinking that kind of life is destined, and while it's miserable, its not something he can fight. Then he says he'd want to write the story differently, bc yeowoon, or even him, could be happy. He challenges the idea that yeowoon, and thus himself, is fated to be miserable, and opens up the possibility for happiness for them both, but doesn't yet have the means or resolve to do it, its like he knows its possible on a fundamental level, but doesn't see it as something he can actually achieve. But then we circle back to the idea of destiny and books, both of which came up in the previous quote, and seems incredibly pertinent seen as this whole thing is about a novel this author has written. Myungha talks about how he hates the idea that life is a book where everything written is predestined to happen, from the moment you live to the moment you die. He says "Even if fate is already destined, I think it can still be changed. Otherwise, there's no point in trying." That vile way of life he described before that he said was destined, he is now saying it can be changed, and that possibility is now something he's holding onto, its what he sees hope in so that he can keep trying, bc now he finally is trying, he has the resolve, he's trying to realise this thing, this impossibility of rewriting the life he thought was destined through the way he loves yeowoon.
And coming back to those cruel choices, given this fresh context, it made me think. bc this isn't actually a game that myungha has been put into where the rules are dictated by an author completely separate from him. He said himself, he'd rewrite it, he'd change things for yeowoon. And when you start to think of it less as him fighting against a rigid, removed system and more like him being a character in a story he is trying to rewrite himself, that has both the author and his own limitations, or just his own if you're in the school of thought that the author is some figment or part of myungha himself or his conciousness, then you can start to see where these cruel choices might come from. They could be myungha, the author making edits to this new story, imposing his own doubts and limitations on himself. When he says he has to pick between Yeowoon and his grandma, what if that's the new author myungha seeing this story unfold and thinking no this isn't right, he can't have it all, i'm not deserving of this much happiness.
And what makes me like this idea even more is that when we get that second choice between ending after 14 days or getting 100 days back at the cost of resetting Yeowoon's affection to 0, that whole conversation happens in what I think the bar actually is which is this frozen moment in time where myungha is in the water with this extension of a voice in his head that is talking through these things. That conversation in itself needs its own post, but when you look at it both as a decision to break up or not or a decision to hold onto life or not, you can see how the author is just this soundboard relaying the decisions myungha is going through in his head. The author's voice is his own, weighing up his decisions. And if he is the author here, it only reinforces that the person making the rules of this game is him. You can even extend it further to the idea of the debuffs, where he puts in place this thing that makes it so he causes harm to yeowoon when he's around, and its only by garnering affection that he can prevent it. He gives himself a reason from the get go to stay away from yeowoon and reason it as him doing it for yeowoon's safety, when in fact the only way to make yeowoon safe is to increase his affection, which he can only do by being near him. Its a system that at first gives myungha a reason to stay away aka not like himself, but ultimately says the only way you're going to make yeowoon like you, or the only way you can like yourself, is if you accept risk. And that in itself screams to me of a myungha writing in these game systems that are trying to encourage his own-self love while falling at the hurdle of his own lack of self-worth.
The idea is still messy in my head even for me, but i just really like the idea that myungha could be trying to fix this thing both as a character and game master, and that both these versions of him have these flaws that manifest in their different ways to cause the events we see. It kinda is the definition of being your own worst enemy, the idea that in order to work towards loving yourself, the biggest obstacle you have to encounter is yourself, bc we are the ones holding ourselves back, making all these rules that make it harder to like ourselves and pursue our own happiness. The voices in our head telling us that we aren't good enough and aren't deserving are our own, and while the things that happen to us can inform what they say, we're the one's reinforcing those words. And what this show teaches us is that, if we're the one holding that pen all along, we can choose to change what those words are. If we make the rules, you don't have to create a game with concrete ultimatums, you can create a game where rules don't control you. Instead, you make the decisions, and you can make the ones that make you happy.
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legobenkenobi · 1 year
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the fact that there’s an entire arc in tcw dedicated to how giving someone your lightsaber shows trust in a romantic connotation and codywan has not one, but TWO scenes with this drives me up a fucking WALL.
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their relationship is built, inherently, on the mutual trust and respect they have for each other, and this is just. an extremely beautiful way to show that.
especially with Cody handing Obi-Wan the saber with the emitter facing himself. he fucking loves and respects and trust Obi-Wan so deeply and that is what makes their relationship SO refreshingly good
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katimanki · 9 months
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I'm here to deliver that one scene from Heartstopper but make it byler, because @andiwriteordie so kindly asked👐🏻
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glassgob · 1 year
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[Image ID: Digital full-body and bust illustration of Mizuki Okiura from AI: The Somnium Files. Mizuki is wearing an oversized yellow jacket, black t-shirt, white shorts with an Adorabbit patch, knee pads, and red tennis shoes. Her hair is pulled into a loose ponytail. In both illustrations, she is standing in a relaxed pose with a neutral expression. End ID.]
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miralyk · 4 months
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you've heard of "ghosts in the machine", now get ready for "tfw your current art muses haunting you are hoodie-wearing killers asking you play all their games,, ALL of them"
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