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Biz News

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Biz News

Covid-19: CERC pares late payment surcharge by 0.5% on power discoms

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Central Electricity Regulatory Commission (CERC) reduced the late payment surcharge levied on power distribution companies (discoms) for delayed payment to power generators and transmission companies. The regulator passed am order on Friday lowering the surcharge to 1 per cent per month from 1.5 per cent per

Your Time Is Valuable. During Coronavirus, It Matters Even More.

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Coronavirus brings auto sector to its knees; sales tumble in March

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7 Ways to Train Your Brain to Make Better Decisions

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Govt may slash borrowing from market in April amid lockdown: Report

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Entrepreneurship Programs Are Preparing Students to Become Pioneers

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Market

Investor wealth erodes Rs 4.82 trn as Covid-19 cases continue to spike

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Investor wealth tumbled by Rs 4,82,033.63 crore in two days of market fall as rise in Covid-19 cases further triggered selling in equities. The Sensex plummeted 674.36 points or 2.39 per cent to close at 27,590.95 on Friday. Selling in markets led to a

Covid-19: Supply of pulses to ease soon as Nafed ties up with dal mills

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The supply of pulses is likely to improve in the next one week as the government has taken a series of steps to smoothen processes across entire value chain. So far, dall mills have been complaining of a squeeze due to the closure of mandis, labour shortage and

Commodity traders urge Sebi to restore trading hours till 11.30 pm

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Commodity traders have asked India’s markets regulator to restore trading hours till 11.30 pm to contain trading volatility and losses seen after the coronavirus pandemic since December 2019. Narinder Wadhwa, president of Commodity Participants Association of India (CPAI), said in a letter to Santosh Kumar Mohanty,

Covid-19 lockdown: MF equity flows could see a 10-15% dip in March

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The Rs 27-trillion mutual fund (MF) industry could see some slowdown in March, with estimates (up to March 27 for 80 per cent industry assets) suggesting a dip of 10-15 per cent to Rs 9,100-9,700 crore in the equity segment. Industry players say flows have shown resilience in

SBI MF, DSP MF open small-cap funds for lump sum flows amid correction

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SBI Mutual Fund (MF) and DSP MF have opened up their small-cap funds for accepting lump sum investments amid the sharp correction in valuation of these stocks in the recent market sell-off. Lump sum investments are like tactical infusions that one can make at any point of time, based

Commodity picks: 30 March, 2020

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Refined soy oil prices are trading at Rs 820 per 10 kg and prices are expected to head towards Rs 840 per 10 kg over the next few days

Personal Finance

Covid-19: Tweaking your household budget to tide over the lockdown

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It’s time we stopped focusing on fear and anxiety around Covid-19 and started answering practical questions about all the changes it has brought about in our daily lives. “We all will need to live through the isolation and months of working from home. And, perhaps sooner or later work

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The upside of trade-offs

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In October 2019, Salesforce CEO Mark Benioff declared capitalism was dead in a New York Times op-ed. Earlier in the year, Larry Fink, chairman of BlackRock, caused a seismic stir in a letter to chief executives demanding that companies pursue purpose. In August 2019, CEOs of 181 companies in the

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Six changes in tax rules that come into effect today

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This financial year, taxpayers will be able to choose between two sets of slab rates and pay their taxes accordingly. They could either opt for the new tax rates announced in Budget, or stick to the existing slabs. Under the new regime, there is no tax on annual

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Leading through the duration of the COVID-19 emergency

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The coronavirus crisis is unlike any we have seen in recent memory. Its impact on our collective physical, mental, and economic health has elements in common with the 1918 influenza pandemic, the wave of terror bombings in the early 2000s, and the economic crash of 2008. It’s an inflection point,

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Surviving launch day doesn’t mean you’re out of the woods. In fact, your greatest pitfalls might lie ahead.


5 min read

Opinions expressed by Entrepreneur contributors are their own.


Starting a business offers all sorts of pitfalls. Big ones, like running out of cash or running into legal issues, are hard to ignore. But in the midst of the long nights, major decisions and mountains of paperwork, it’s easy to miss little things that can make a major difference in the long run.

Keep an eye out for these missteps as you endeavor on your newest venture.

1. Failing to do research

A CBInsights study shows that 42 percent of startups fail because they don’t address a market need. Tackling a problem that’s interesting to solve may be fun, but it isn’t a path to success.

Before you invest in your business idea, ask yourself what problem

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It’s time we stopped focusing on fear and anxiety around Covid-19 and started answering practical questions about all the changes it has brought about in our daily lives. “We all will need to live through the isolation and months of working from home. And, perhaps sooner or later work on lower salaries or even with a no-paycheck scenario. Thus everyone needs to bring about a change in their financial strategies to survive the new environment,” says Mumbai-based Certified Financial Planner Pankaj Mathpal. “This means close monitoring your cash flows (money coming in and going out), and changing them in according to the situation.”

In short, if you already have a household monthly budget, you would need to tweak it. If not, then it’s about time you made one.


Best of times and worst of times: The first step is to assess your current financial situation. Know

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Central Electricity Regulatory Commission (CERC) reduced the late payment surcharge levied on power distribution companies (discoms) for delayed payment to power generators and transmission companies.


The regulator passed am order on Friday lowering the surcharge to 1 per cent per month from 1.5 per cent per month for 45 days till June 30. “The generating companies whose tariff has been determined under Section 63 of the Act by this Commission, relief on the Late Payment Surcharge for payment which become delayed beyond 45 days (from the date of presentation of the bill) during the period from 24.03.2020 to 30.06.2020 may be claimed in terms of the force majeure provisions of the respective power purchase agreements (PPAs),” said the order.



It gave similar relief for the payment to be made to the transmission companies.


The Ministry of Power last week

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Investor wealth tumbled by Rs 4,82,033.63 crore in two days of market fall as rise in Covid-19 cases further triggered selling in equities.


The Sensex plummeted 674.36 points or 2.39 per cent to close at 27,590.95 on Friday.


Selling in markets led to a decline in market capitalisation of the BSE-listed companies which tumbled Rs 4,82,033.63 crore to Rs 1,08,66,722.96 crore in two days.


“The Indian benchmark indices continued to plunge southwards, after a surge in the number of coronavirus cases in India. Besides, Moody’s report on the banking sector wherein they have changed their outlook, further dented the sentiment,” Ajit Mishra, vice-president (research), Religare Broking Ltd, said.


ALSO READ: Coronavirus LIVE: 11 CISF jawans posted at Mumbai airport test positive



Axis Bank was the top loser in the Sensex pack, dropping 9.16 per cent, followed by IndusInd

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As everything goes online, turn the videoconferencing revolution into a marketing tool.


2 min read

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.


As offices shut down, conferences postpone, and workers confine themselves to their homes, everything is moving online in the age of COVID-19. Unfortunately, nobody can say what the future holds for major conferences and gatherings. That said, there’s no time like the present to learn how to host and manage webinars. Whether you’re looking for a digital substitute to a corporate conference or you’d just like to connect with a few more people in your industry, The Webinar Marketing Mastery Beginner to Pro Overnight Course has you covered.

This course is designed to help you

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In October 2019, Salesforce CEO Mark Benioff declared capitalism was dead in a New York Times op-ed. Earlier in the year, Larry Fink, chairman of BlackRock, caused a seismic stir in a letter to chief executives demanding that companies pursue purpose. In August 2019, CEOs of 181 companies in the Business Roundtable rejected the idea of shareholder primacy in favor of creating value for all stakeholders. Today, increasingly, corporations are being asked, pressured, forced, encouraged, regulated, and coaxed to consider a broader set of stakeholders in their business calculations.

The 2008 financial crisis focused attention on the ways in which corporations have wide-ranging effects on society. Climate change has attuned people to the potentially toxic effects of corporate policies. The global supply chain is more visible than ever before. Consumers are increasingly conscientious about their buying habits.

Further, in the current political environment, people are turning to corporations to pursue

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