Headquartered in Irving, Texas, McKesson Corporation is an American company that provides healthcare supply chain solutions and medical supplies. Moreover, it also offers a vast network infrastructure to the healthcare industry and has partnered with
Headquartered in Irving, Texas, McKesson Corporation is an American company that provides healthcare supply chain solutions and medical supplies. Moreover, it also offers a vast network infrastructure to the healthcare industry and has partnered with pharmaceutical companies, governments and pharmacies, and various other medicinal management organisations. McKesson Corporation shares are traded on the New York Stock Exchange (NYSE) under the ticker symbol “MCK”.
Its operations are segregated into three separate divisions: US Pharmaceutical & Specialty Solutions, Medical & Surgical Solutions, and European Pharmaceutical Solutions. The first segment is involved in the provision of pharmaceutical and various types of healthcare products to biotechnology, pharmaceuticals, and life system technologies companies. The Medical-Surgical Solutions segment provides various medical-surgical products and logistics services to organisations providing healthcare services. The European Pharmaceutical Solutions segment supplies various products to the wholesale markets and retail customers.
Charles Olcott and McKesson founded McKesson Corporation as Charles M. Olcott in 1828, and the business involved import and wholesale of botanical drugs. Five years later, its name became Olcott, McKesson and Co. After Olcott died in 1853, the company was renamed as McKesson and Robbins.
Since its inception, McKesson has acquired over 20 companies. Its largest acquisition came in the year 1999 when it acquired HBO & Company (HBOC) for approximately $14.1 billion. Following the acquisition, it carried on its operations under the name McKesson HBO for 2 years. In 2010, McKesson acquired US Oncology, Inc. for an estimated $2.16 billion, which was subsequently added to the Specialty Solutions segment. Four years later, it completed the acquisition of Celesio. Some more key purchases include Per-Se Technologies for an estimated $1.80 billion in 2006 and CoverMyMeds for approximately $1.10 billion in 2017. Besides making acquisitions, MCK has also made more than 10 investments. Some of the sectors targeted by McKesson Corporation include Information Technology, Pharmacy Information Technology, Biotech Research & Development, and more.
In 2016, McKesson was ranked 2nd by Fortune on its list of the Most Admired Companies belonging to the healthcare industry. Moreover, in 2020, McKesson Corporation occupied the 8th position on the list of Fortune 500 companies.
Groww is an investing platform where users can find the best mutual funds to invest in and can invest their money without any hassles. Groww provides objective evaluation of mutual funds and does not advice or recommend any mutual fund or portfolios. Investor shall invest with their own descretion. Groww does not guarantee any returns and safety of capital.
Groww helps investors in the following way
· By providing objective evaluation of products available on Groww
· By bringing up red flags, if any, involved in the products. However Groww does not guarantee to bring out all red flags
· By being transparent about fees and charges involved in investing in a product
· By clearly representing the risk associated with buying a product
SECURE TRANSACTIONS ON GROWW
All transactions on Groww are safe and secure. Users can invest through SIP or Lumpsum using Netbanking through all supported banks. It uses BSE Star MF (with Member code 11724) as transaction platform.
MUTUAL FUNDS SAHI HAI
Mutual fund investments are very popular with individual investors because of the benefits they provide. Among the many advantages, the most important factors that drive investors to mutual funds are that Investors can
- Start with any amount (as low as 500)
- Diversify across multiple stocks and other instruments like debt, gold etc.
- Start automated monthly investments (SIP)
- Invest without requiring to open DMAT account
All type of mutual funds are available on Groww.
INVESTING IN MUTUAL FUND PORTFOLIOS
Portfolio is collection of mutual funds designed to meet your investment goals. Investing in mutual fund portfolios helps you in diversifying your investments and reduces the risk. Portfolios also help you in assigning an investment goals and make it easy for you to save for and achieve your goals. You can create a portfolio yourself or ask an expert to build it for you.
1. For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.
2. For Depository Transaction 'Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL/NSDL on the same day...Issued in the interest of investors.
3. KYC is a one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
4. If you are subscribing to an IPO, there is no need to issue a cheque. Please write the Bank account number and sign the IPO application form to authorize your bank to make payment in case of allotment. In case of non allotment the funds will remain in your bank account.
· Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.
· Awareness regarding guidelines on Margin collection
1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
Issued in the interest of Investors
NextBillion Technology Private Limited is a member of NSE & BSE with SEBI Registration no: INZ000208032, Depository Participant of CDSL Depository with SEBI Registration no: IN-DP-417-2019 and Mutual Fund distributor with AMFI Registration No: ARN-111686. Registered office and Correspondence office - No.11, 2nd floor, 80 FT Road, 4th Block, S.T Bed, Koramangala, Bengaluru – 560034. For compliance pertaining to securities broking please write to email@example.com for DP related to firstname.lastname@example.org. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI.
Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.
NextBillion Technology Private Limited makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Unless otherwise specified, all returns, expense ratio, NAV, etc are historical and for illustrative purposes only. Future will vary greatly and depends on personal and market circumstances. The information provided by our blog is educational only and is not investment or tax advice.
Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance.