Finance

Securities and Exchange Board of India (Sebi) staffers have expressed their displeasure with the market regulator for considering external candidates for the post of executive director (ED). The Sebi Employee Association (SEA) sent a letter, dated June 26, to chairman Ajay Tyagi saying “external candidates may be considered only when no suitable internal candidates are available”. On this very day, Sebi had put out an advertisement inviting applications for recruitment of two EDs on contractual or deputation basis for a three-year period and asked candidates to apply by July 17. There…

June 26, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. By any metric, Quibi is a failure. The mobile-video platform hit #1,477 in the IOS app store’s rankings in early June. Advertisers are renegotiating due to low viewership. Even founder Jeffrey Katzenberg expressed disappointment. Two months after launch, he stated that, “It’s not up to what we wanted. It’s not close to what we wanted.” How did this happen?  At first glance, Quibi’s success seems guaranteed. They had the leadership. Jeffrey Katzenberg and Meg Whitman are at the helm. They’re two of the biggest names in…

The economy is facing unprecedented disruption and uncertainty due to the Covid-19 pandemic. In response, the government has announced certain relief measures. One such measure is reducing the interest liability on tax payments falling due between March 20 and June 29, but paid by June 30, 2020. However, the government had not extended the due date for payment of the first instalment of advance tax. To provide readers with some context, advance tax is a mechanism by which the government collects income tax in instalments, spread during the financial year in which the income is earned or received.…

A joint move by SEBI and RBI for liquidity window to the mutual funds has helped induce confidence in the system, though not much demand for the scheme was seen, the capital market regulator said on Saturday. In view of the possible redemption pressure that the mutual fund industry may face after the abrupt winding up of six debt schemes of Franklin Templeton Mutual Fund, the central bank announced a special liquidity window of Rs 50,000 crore for mutual funds in April end. “The move by SEBI & RBI jointly to…

From brick-and-mortar to online website sales, there are plenty of options to help your business grow.Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. June 26, 2020 2 min readOpinions expressed by Entrepreneur contributors are their own. How many different sales channels does your business have? Many entrepreneurs have suffered over the past few months because their channels were not diversified enough. From brick and mortar to online website sales, there are plenty of options to help your business grow.  Join us…

Why do Japanese family businesses manage to survive for so long? One reason may be that, when they lack a suitable hereditary successor, Japanese families will adopt a promising young adult to groom for the role. Almost always men, these outsiders marry into the family and even take the family name. Suzuki Motor’s leadership is a famous example of this tradition, with the company having been run by four generations of adopted sons. Adoption of this kind — known as mukoyoshi — is virtually unknown in Western business. But it was well established at Undershaft and Lazarus, the explosive fictional…

Markets regulator Sebi on Friday restrained 10 entities from accessing the securities market for one year for violating market norms while dealing in the scrip of Mystic Electronics Ltd. Sebi conducted a probe to determine whether the entities violated market norms while dealing in the scrip of Mystic. The investigation noted that the scrip of Mystic witnessed unusual fluctuation in price and volume during the period between March 19, 2013, and March 31, 2015. ALSO READ: Adani Power gets shareholders’ approval to raise up to Rs 2,500 cr …

Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. June 25, 2020 1 min readOpinions expressed by Entrepreneur contributors are their own. In this video, Peter Voogd breaks down a step-by-step guide on how you can become the leading expert in any field. It all starts by finding your role — for Voogd, that meant discovering how he could become a leader of millennials. Next, Voogd says you need to clearly define what your audience is. Do you know their biggest problems, fears…