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Coronavirus lockdown triggers higher downgrade pressures for India Inc

The Coronavirus-triggered lockdown is likely to lead to higher downgrade pressures for domestic corporates with over Rs 2.59 trillion worth of corporate debt papers already getting downgraded in February, a 15-fold jump compared to previous month’s quantum. This is the highest amount of downgraded corporate debt papers in nine months. However, it could not be ascertained whether the Sebi data has adjusted for multiple downgrades of same security. In recent months, downgrade pressure had shown signs of easing as value of such debt papers had slipped to 15-month low in January…

Now Is the Time to Partner With Your Customers

Peer marketing in this climate of global disruption. March 25, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. Essentially overnight, a huge proportion of the advertising industry’s inventory has simply evaporated. Like a solar eclipse, COVID-19 has cast a pall over marketers across the globe, leaving many in the dark as to what to do next. The issues and concerns are real, not hype. Inventory available for purchase has shrunk dramatically. Conferences and other live events are canceled, live sports (previously ad-supported television’s single biggest source of younger audience engagement) are canceled and out-of-home — given…

In times of coronavirus: Everything you need to know about your investments

Imagine the chaos: Global stock markets have gone into a tailspin, industries are shutting down, and countries are announcing lockdowns due to COVID-19. In less than a month, Indians find themselves in the middle of a global storm that has disrupted the lives of every citizen. Some sectors, such as aviation, are already cutting salaries and we will know about the magnitude of job losses only at a later date. During such times, money management and supplies become the core focus of all families. But what works for one person may not work for another. A few money…

Rupee settles 78 paise higher at 75.16 a dollar on stimulus boost

The Indian rupee surged by another 78 paise to 75.16 (provisional) against the US dollar on Thursday after Finance Minister Nirmala Sitharaman announced various welfare measures to tide through the coronavirus crisis. Finance Minister Nirmala Sitharaman on Thursday announced a relief package for the poor and migrant workers in the country in light of the 21-day lockdown in the country to tackle the challenge posed by the coronavirus (Covid-19) pandemic. Forex traders welcomed the government initiatives and said the revival of the economy though welfare measures was very much needed as the slowdown in…

4 Business-Boosting Strategies While Stuck in One Place

Trying times demand innovative measures for online and social media marketers. March 24, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. Yup, things have changed. You don’t have the same resources you had a few weeks ago, and your kids are now your most unproductive co-workers ever — with no HR department to complain to. So, what can you do when you don’t have the resources you’re used to? You get resourceful.  The “stuck at home” status is not a roadblock telling you to retreat from your goals and dreams. This is simply a detour and…

Navigating your COVID-19 response

COVID-19 is presenting major challenges to people and organizations around the world. As governments consider the new rules and policies needed to protect their citizens, business leaders are also managing the crisis on behalf of their employees, customers, and stakeholders. They are confronting immediate concerns, taking steps to ensure people’s physical and emotional well-being and their organization’s ability to weather unprecedented levels of uncertainty. In a PwC survey of CFOs conducted during the week of March 9, more than half said the outbreak could have a significant impact on their business operations (54 percent) and decrease their revenue or profit…

Market Wrap, March 25: Here’s all that happened in the markets today

Benchmark indices zoomed up to 7 per cent on Wednesday to post their biggest one-day gain in terms of percentage as investor sentiment got a boost by gains in global markets amid reports that the US officials have reached a deal on a $2 trillion package to fight economic fallout from coronavirus (Covid-19) pandemic. Further, hopes of domestic stimulus also helped improve sentiment. The S&P BSE Sensex rallied 1,862 points or 7 per cent to settle at 28,536 levels. Reliance Industries (RIL) emerged as the top performer on the index wth the gain of 14.65 per…

Emergency Plans for Riding Out the Financial Storm

Five immediate, actionable steps for ensuring your business stays afloat despite chaotic times. March 23, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. The following article is written by Ben Angel. Author of the book, Unstoppable: A 90-Day Plan to Biohack Your Mind and Body for Success. Buy it now from Amazon | Barnes & Noble | iBooks | IndieBound. And be sure to order The Unstoppable Journal, the only journal of its kind based on neuroscience, psychology and biohacking to help you reach your goals. The economy is like a roller coaster ride right now,…