Finance

As researchers and drug companies race to develop a vaccine for COVID-19, the global economy continues to struggle to gain a footing. Every scrap of good news — say, a surprising pocket of strength in a particular sector — is matched by a sign of ongoing weakness elsewhere, raising questions about the long-term viability of certain companies and industries. With so little clarity about the future, how can leaders set business goals for the next six months to a year? During the dozen years between the 2008 financial crisis and the current pandemic, the world seemed far more stable, and…

The Securities and Exchange Board of India (Sebi) has ordered attachment of bank and demat accounts of two dozen defaulters in the matters of three companies — Mass Infra Realty, Skymarg Agro Industries India, and Life Care Real Developers — to recover dues totalling nearly Rs 40 crore. The defaulters are 11 directors of Mass Infra Realty, five directors of Skymarg Agro, Life Care and its seven directors, the regulator said in three separate notices. The decision has been taken after Mass Infra Realty and Skymarg Agro failed to comply with…

When it comes to branding, stay positive but don’t overdo it. September 1, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. As anxieties continue to mount from an unclear future, brands must swiftly adjust messaging to reflect our current times. Many companies’ initial reactions may be to push out uplifting messages to counteract unpleasant realities. However, brands need to beware of contributing to Toxic Positivity. Although consumers are seeking comfort, overly positive messaging can be counterproductive as they undermine the pain the world is experiencing. Positive branding vs. Toxic positivity Through affirmative thoughts and feelings, positive…

The insurance regulatory and development authority of India (Irdai) has advised all insurance companies (life and non-life) to use “Video Based Identification Process (VBIP)” as an electronic medium to enhance the ease of doing KYC for customers looking to buy insurance products. In January this year, the Reserve Bank of India (RBI) had allowed banks and NBFCs to complete full KYC of a customer remotely. A number of banks have rolled out this service since the RBI’s nod. In a letter to the insurers, a copy of which Business Standard has…

To further enhance transparency, markets regulator Sebi on Tuesday revised disclosure requirements pertaining to debt and money market securities transactions for mutual funds. The new framework will come into effect from October 1, the Securities and Exchange Board of India (Sebi) said in circular. Now, the regulator has asked mutual funds to disclosedetails of debt andmoneymarketsecurities transactedin their schemes portfolio, including inter-scheme transfers, on a dailybasis witha time lag of 15 days in a prescribed format. At present, a time lag of 30 days has been been allowed. …

August 31, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. This article was written by Molly Miles Rizor, a member of the Entrepreneur NEXT powered by Assemble content team. Entrepreneur NEXT is our Expert solutions division leading the future of work and skills-based economy. If you’re struggling to find, vet, and hire the right Experts for your business, Entrepreneur NEXT is a platform to help you hire the experts you need, exactly when you need them. From business to marketing, sales, design, finance, and technology, we have the top 3 percent of Experts ready to work…

The Inside the Mind of the CEO interview series explores a wide range of critical decisions faced by chief executives around the world. For more insight, see PwC’s CEO Survey. When Obi Ozor was a college student in Michigan a decade ago, he made extra money by exporting consumer goods to Nigeria, his home country. After transferring to the Wharton School to finish his studies, Ozor worked for JPMorgan before returning to Nigeria, where he had a stint at Uber. But he remembered the challenges he had faced in sending diapers and soap to Africa, which became a key reason…

Capital markets regulator Sebi on Monday imposed a total fine of Rs 4 lakh on four entities for disclosure lapses in the matter of SRK Industries Ltd. In four separate orders, a fine of Rs 1 lakh each has been levied by the regulator on Geeta Narayanan, Birendra Kumar Jain, Island Media and Entertainment Pvt Ltd and Maxgain Advisory Pvt Ltd. Securities and Exchange Board of India (Sebi) had conducted an investigation in the matter of trading in SRK Industries’ shares by its promoters for the period of March 2010 to…