September 23, 2020

5 min read

Opinions expressed by Entrepreneur contributors are their own.

Corporate have ridden out the Covid-19 shutdown relatively well so far. For every area of law that’s seen a fall in demand — such as litigation and financial accounting cases — it seems like others have presented new opportunities.

leaders we work with are reporting a jump in activity in and labor cases, steady work on intellectual property, and are expecting opportunities to pick up in the M&A and bankruptcy arenas as the economic fallout of the pandemic settles in. 

What has been disruptive for the sector — and other professional services — is the sudden inability to carry out in the usual ways. Traditionally, business development has relied heavily on business conferences, wine-and-dine events, and travel for in-person meetings and networking.

Related: 3 Strategies to Improve Your Customer 

The (SEBI) may soon come up with guidelines to mandate minimum asset allocation in liquid assets by debt in their schemes.

Speaking at the Annual General Meeting of the Association of in India (AMFI), Chairman Ajay Tyagi said that such a move is aimed at improving liquidity in schemes and it would also help schemes to meet sudden redemption pressures.

He was of the view that as far as the performance of the mutual fund industry is concerned, overall, the industry has weathered the pandemic’s storm well, which, he said demonstrates the robustness of the regulatory framework as well as the maturity of the industry.

Tyagi also noted that the mutual fund industry, however, also went through several patches of challenges, especially on the debt mutual fund side.

Union Health Minister on Tuesday said the scheme has provided free treatment to more than 1.26 crore beneficiaries since its launch in September 2018.

Over 23,000 hospitals have been empanelled so far and more than 12.5 crore e-cards have been issued, a health ministry statement said.

Also, 57 per cent of the total amount utilised under the Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) has been for tertiary procedures related to treatment of major illnesses like cancer, cardiac ailments, orthopaedic problems, and neo-natal, Vardhan said as he chaired the ‘Aarogya Manthan’ 2.0 celebrating the second anniversary of AB-PMJAY.

Vardhan pointed out that 45 per cent of the empanelled hospitals are private facilities providing 52 per cent of the overall treatments and raising 61 per cent of the hospital admissions claims amount, the statement said.

The wealthy investor portion was subscribed 0.16x, and the retail investor portion was subscribed 1.46x

Angel Broking

Sundar Sethuraman  | 

The IPO was subscribed 0.77x on Tuesday, the first day of the issue. The wealthy investor portion was subscribed 0.16x, and the retail investor portion was subscribed 1.46x.

The firm priced it between Rs 305 and Rs 306 per share. The IPO will close on September 24. On Monday, the firm raised Rs 180 crore from 26 anchor investors.


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