Finance

Loan restructuring scheme is a process used by companies and individuals facing financial distress or on the brink of insolvency to lower/renegotiate their debts Topicsdebt restructuring scheme | Debt recast | loan Loan restructuring scheme is a process used by companies and individuals facing financial distress or on the brink of insolvency to lower/renegotiate their debts. Sanjay Kumar Singh, Senior Assistant Editor, Business Standard explains in this podcast how loan restructuring scheme can impact your finances. Tune in to know more Dear Reader, Business Standard has always strived hard to…

State-owned RailTel Corporation of India Ltdhas filed draft papers with capital markets regulator Sebi to raise Rs 700 crore through an initial share-sale. The initial public offer (IPO) is entirely an offer-for-sale through which government will offload 8.66 crore equity shares, draft papers filed with Sebi showed. According to merchant banking sources, the IPO is estimated to fetch Rs 700 crore. The miniratna PSU is one of the largest neutral telecom infrastructure providers in the country, owning an optical fibre network on exclusive Right of Way (RoW) along the…

Improve your social media marketing on a budget.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 1, 2020 2 min readDisclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Consumer demand for video is growing, and digital marketers are taking notice. Eighty-one percent of businesses now use video as a marketing tool and that number…

When a CEO takes the helm, there are two schools of thought regarding turnover in the top management team. Some argue big changes in the executive suite are necessary, because CEOs can more quickly put their stamp on the firm if they bring in their own people. This “sweep-out effect,” as scholars call it, enables a new CEO to enact operational and cultural changes with a clean slate, unencumbered by executives beholden to the previous regime or the status quo. Taking the opposite view, some analysts suggest that because incoming CEOs have so much on their plate, they’re making a…

Debenture trustees have been directed to communicate immediately to investors any restructuring proposal TopicsSebi | Mutual Funds BS Reporter  Last Updated at October 2, 2020 01:06 IST The Securities and Exchange Board of India (Sebi) on Thursday directed mutual funds (MFs) to report immediately to rating agencies any proposal they receive from lenders or debenture trustees (DTs) for restructuring of debt due to Covid-related stress. DTs have been directed to communicate immediately to investors any restructuring proposal. “If the valuation agency, based on its assessment of the proposal, is of the view that the proposed…

Business is moving online, and marketing is going with it.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. September 30, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. Achieving success at anything in life has often been associated with the mindset of survival of the fittest. While that notion holds some merit, former LSU business professor Leon C. Megginson wrote in 1963, “It’s not the strongest nor most intelligent of the species that survive. It’s the ones who are most adaptable…

Gold in the international market declined on Wednesday and was on track for the biggest monthly fall in nearly four years, as the dollar benefited from caution that crept into the financial markets after the first US presidential debate. Spot gold dropped 0.67 per cent to $1,885.4 an ounce (until 7.35 pm IST), declining 4.3 per cent in September. This set gold up for its worst monthly performance since November 2016. Silver, too, slipped 1.69 per cent to $23.87 an ounce and was on track for its first monthly contraction since March, falling more than 16{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942}. …

September 29, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. Faced with the coronavirus pandemic and a difficult economic climate, almost every industry finds itself undergoing a major paradigm shift, from local retail stores having to dramatically ramp up their online capabilities to major global brands grappling with supply chain challenges and changing consumer behavior. For marketers, this moment of upheaval has meant rethinking well-planned strategies, with a new emphasis on helping ensure their businesses survive the uncertainty ahead. As a marketing and investor relations professional in the automotive tech industry — where supply chains are…