Finance

The equity benchmarks nursed losses for the second straight session on Thursday as investors offloaded banking, finance, and infra stocks amid expiry of monthly derivative contracts and lacklustre global cues. A depreciating rupee and weak Q2 results from blue-chips further sapped risk appetite, traders said. The Sensex ended 172.61 points, or 0.43 per cent lower, at 39,749.85 in choppy trade. On similar lines, the broader Nifty fell 58.80 points, or 0.50 per cent, to 11,670.8. L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after it…

Sponsorships and partnerships are evolving to inspire brand loyalty and advocacy.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. October 28, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. In 2003, Maya Angelou said, “People will forget the things you do, and people will forget the things you say. But people will never forget how you made them feel.” It has been almost two decades, but it seems that sponsorships and partnerships have started to listen to Maya Angelou. The nature…

For all the ambiguity caused by the historic events of 2020, one thing is certain: The center of gravity in leadership teams has swung toward the human resources function. Yes, other members of the C-suite, such as finance, marketing, and legal, also have important functional responsibilities that keep the company in full stride. But there’s one person who is being put on the spot to answer the many unexpected questions that companies are facing this year. These questions are fundamental to the business. Some may be existential. How do companies keep everyone safe as they shift to remote working overnight?…

The recovery in demand, coupled with the retrenchment in the US shale sector, could lead to higher oil prices as soon as in the second half of 2021, according to one of the top bosses of the largest pipeline companies in the world. “Given the combination of the record retrenchment in drilling and completion activities by US producers, refocused capital allocation and the effects of steep decline curves resulting in a decrease in shale production, we believe this price signal for higher crude oil prices could occur as early as the second half of next year,”…

You don’t have to be great at holding an audience like Jimmy Fallon. You just have to be you.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. October 27, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. The following excerpt is from Ultimate Guide to Facebook Advertising, Fourth Edition by Perry Marshall, Bob Regnerus, and Thomas Meloche, with Mark Ingles. Buy it now from Amazon | Barnes & Noble | IndieBound | Bookshop | Entrepreneur Press Stories make you immune to…

Indian stocks provide a good hedge in portfolios ahead of the US presidential election, thanks to a domestically oriented economy. That’s according to UBS Group AG’s wealth-management arm and State Street Global Markets, which are among firms recommending Indian shares even beyond the November 3 vote, as they expect the $2.1-trillion stock market to be relatively insulated from the election outcome and Sino-US trade tensions. Easing coronavirus infection rates and economic reopening are further strengthening the case for a market that’s trading near record valuations. Foreign investors have pumped $2.3 billion…

October 26, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. Marketing is not advertising. It’s not posting on social media or writing emails, and it surely isn’t spamming people’s inboxes on LinkedIn for days on end. Marketing involves many of these assets but it’s not a single act that makes marketing what it is. Marketing is a long-term strategy to win the affection and trust of your customers.  It’s important to understand that every customer that goes through your business undergoes a process or journey that leads them towards or away from your business. Whether they…

Hyderabad-based Aurobindo Pharma has reached a definitive agreement to sell its US subsidiary Natrol LLC to private equity firm New Mountain Capital and its affiliate Jarrow Formulas in an all-cash transaction valued at $550 mn (about Rs 4,048 crore). This would make Aurobindo a zero-debt company and also help it repay loans, analysts said. The deal, subject to customary closing conditions and regulatory approvals, is expected to close by January. Aurobindo said Natrol, which it acquired in December 2014, had been a “consistently profitable business” growing on all fronts. Natrol’s annual…