Finance

October 14, 2020 12 min readOpinions expressed by Entrepreneur contributors are their own. We all want more exposure because that is the lifeblood of a successful business.  Unfortunately, most people don’t earn anywhere near the exposure they want because they don’t know how and they don’t have a documented process to produce it consistently. They’ll dabble a little here and there, and when they don’t get the results they’re looking for, most will simply throw their hands up in exasperation and exclaim, “I guess this doesn’t work!”  Today, I have both good news and bad news for you on…

With only three weeks left before the U.S. presidential election, business leaders are anticipating new policy risks regardless of the outcome. According to the latest PwC US Pulse Survey, which polled 537 U.S. C-suite and other executives between September 30 and October 6, respondents are most concerned about changes in tax policy, followed by the federal government’s response to the global pandemic. In some respects, the two issues are interrelated, as the question of how to fund recovery efforts looms. The survey also revealed that executives are significantly more likely to be concerned about tax policy changes under a Biden…

Private banks continue to remain the biggest overweight (OW) for equity mutual funds (MFs), although the OW stance has come off its peak. At present, 25 per cent of MF investments in Nifty stocks are in private banks. Telecom, utilities, and healthcare are other top weights for MFs. On the other hand, oil & gas has been the biggest underweight (UW). The sector has 16.7 per cent in the Nifty. However, its MF allocation is just 12.2 per cent. Experts say the UW stance is on account of Reliance Industries (RIL). “RIL’s weight in the index…

Sharing a bit of vulnerability can propel your career and your business marketing. October 13, 2020 7 min readOpinions expressed by Entrepreneur contributors are their own. My sister recently posted a simple but heartfelt update on LinkedIn, not expecting much from it. In it, she talks about how she decided to change her LinkedIn profile picture from standard professional headshot to a more casual selfie, indicating that she was working from home and looking more “personal” these days. She described how her new photo is less conventionally “professional” but more in line with the reality of today — working…

Regulator IRDAI on Tuesday asked insurance companies not to impose a waiting period of 15 days on renewal of Corona Kavach or Corona Rakshak policies by insured persons. As per the guidelines issued by the Insurance Regulatory and Development Authority of India (IRDAI), the short-term Corona Kavach or Corona Rakshak policies are issued by insurance companies for three-and-a-half months, six-and-a-half months or nine-and-a-half-months. These policies are designed to cover the cost of treatment of coronavirus. In a circular, IRDAI further said insurers also have the choice to allow renewal,…

Mutual fund (MF) managers were seen pruning their holdings in blue-chip banking names during September. State Bank of India (SBI), ICICI Bank, HDFC Bank, and Kotak Mahindra Bank are among the stocks that saw maximum selling. The selling by MFs weighed on the performance of these stocks as the Bank Nifty index dropped 10 per cent in September. However, from the September lows, the banking index has jumped 15 per cent, mainly led by overseas investor buying. Other blue-chip names that have emerged in the most-sold list include Hindustan Unilever, Infosys, Larsen & Toubro, and Reliance Industries. …

October 12, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. In the wake of the murder of George Floyd and the resurgence of the Black Lives Matter Movement, many companies have gone to work ramping up their diversity and inclusion efforts. I’ve talked with a number of brands during this time, and one area many of them have been struggling with is how to authentically build an inclusive brand. Many of these companies had made statements back in June taking a stand against racism and declaring their support for the Black community. Some had even made…

There are still a few months left in the year, and given what has happened in 2020 so far, there’s probably still time for yet another seismic event. Already, we’ve had two: the global pandemic and the killing of George Floyd, which heightened awareness of systemic racial injustice, led to protests across the world, and spurred pledges and commitments to change from hundreds of companies. These events are fundamentally changing the way senior executives act and lead. They have made it safe, even necessary, for leaders to be comfortable saying the words “I don’t know” and “I’m not sure.” But…