April 17, 2020

Yes, but you need to craft a very compelling, very targeted pitch.

4 min read

During normal times, many entrepreneurs build partnerships, seek sponsorships or offer other paid opportunities. But what are we to do now, when budgets are tight and the future is uncertain? Can you still ask someone to pay for your partnership?

The answer: Yes, but you have to make a very compelling case.

To dig into the details, we arranged a coaching session between an entrepreneur and an industry expert—and filmed it so you can watch.

Anna Kachikyan is the creator of The Armenian Report, a news outlet that serves English-speaking Armenians around the world. Brands typically pay to advertise in The Armenian Report, but Kachikyan isn’t sure if it’s appropriate to pursue clients right now. Jason Harris is president and CEO of the advertising agency Mekanism, and author of The

Data from Amfi (The Association of Mutual Funds in India) for March 2020 shows an inflow of Rs 2,076 crore into index funds, which is marginally more than the inflow into large-cap funds. This indicates an interest in passive indexing strategies to the extent that that Index Fund NFOs are launching in this market too.

Take, for instance, the currently open Motilal Oswal S&P 500 Index fund or L&T Mutual Fund Nifty50 and Nifty Next50 NFO, which closed on March 31. Pratik Oswal, Head of Passive Funds, Motilal Oswal Asset Management Company, says, “Passive investing is more in alignment with simplicity. Today, index funds have become a lot more efficient in terms of how they are tracking their benchmarks.” Should you also go passive? Or should you stick to active funds especially in the current markets?

Why indexing: Simply put, you

Thermal power units in the country are likely to ne cash-strapped as power demand continues to fall while surplus coal lies unused at their sites. Sector experts believe the double trouble is likely to stay for the coming three quarters and could hurt the supply chain from coal to power despatch.

Non-pithead power generation units (those located away from coal mines) have 34 days’ coal stock but most of them are under reserved shutdown. The average plant load factor (PLF) or operating ratio of thermal units has fallen to decade low of 58 per cent last fiscal – indicating demand glut. Reserved shutdown refers to pausing power generation in lieu of low demand.

Power demand last month fell by close to 30 per cent from the day nationwide lockdown was announced. States are now resorting to reduced power purchase and buy from cheaper units.

The closure ratio for systematic investment plans (SIPs) saw a sharp jump in March, climbing to 70 per cen and indicating that for every three new SIP registrations, at least two requests were made for closure.

Both SIP closure ratio and the number of closures were the highest in FY20. The SIP closure requests crossed 600,000-mark for first time in FY20. At 70 per cent, the closure ratio was significantly higher than 11-month average of 57.4 per cent seen in the mutual fund (MF) industry.

“The 70 per cent closure ratio could be among the highest level seen in a long period. However, sharp decline in new registrations has largely led to this spike,” said a senior executive of a fund house who didn’t want to be named.

The number of new SIP registrations declined: from 11.39 lakh in