Day: January 17, 2021

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8 min read

Opinions expressed by Entrepreneur contributors are their own.


Selling is the most important skill entrepreneurs are obliged to master. After all, the success of a product or service depends on your ability to sell it. Yet for selling to be truly successful, today’s entrepreneurs must be engaged as much with selling themselves as their products and services. 

“Regardless of whatever product or service an entrepreneur has developed, it’s critical that entrepreneurs have a sure sense of self, and be able to sell their vision to prospective customers, partners, and/or investors,” says Geraldo Matos, assistant professor of marketing at Roger Williams University’s Mario J. Gabelli School of Business. As much as anything else, what you’re selling them is your competence, your reliability, your commitment, etc. Being able to powerfully communicate that is paramount.”

Related: 9 Successful Business Leaders Reveal Their Top Tips for Selling

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The Ministry of Railways has approved a new iron-ore policy governing the allocation of rakes and transportation of iron-ore.


This new policy has been named as Iron-ore Policy 2021 and shall come into effect from February 10, 2021. The provisions of the new policy will be updated in the rake allotment system module by the Centre for Railway Information Systems (CRIS).



“Scrutiny of documentation by Railways has been removed. Executive Director Rake Movement of Railway Board (EDRM) office, Kolkata which has been sanctioning programmes for movement of iron-ore traffic will have no regulatory role in the new policy. The office will be undertaking an analysis of various iron-ore traffic for further improvement of Railway freight loading,” a Rail Ministry statement said.


“Customers now desirous of moving their traffic under any priority will have to give (an) undertaking that they

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The government is expected to garner Rs 2,664 crore from offloading 10 per stake sale in India’s largest steelmaker SAIL through an offer for sale (OFS) which was subscribed over five times on Friday.


The shares sought were 522.89 per cent of the overall issue size on the final day of bidding, as per provisional data available on bourses.



Earlier this week, the government had proposed OFS of 20.6 crore shares of face value of Rs 10 each (base offer size), with an option to additionally sell up to 20.6 crore equity shares.


With this, the total OFS size goes up to 41.3 crore shares and government is expected to mobilise Rs 2,664 crore at a floor price of Rs 64 per share.


The indicative price of bids that came in on Friday was Rs 65.75, exchange

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