Finance

Businesses and governments are mobilizing to fight COVID-19, and their top priorities have included stabilizing the workforce’s health, ensuring business continuity, securing liquidity, and maintaining supply chains. These are all efforts an organization relies on to ensure the effectiveness of its systems. But one important factor is often overlooked: the emotional health and effectiveness of the organization. As New York governor Andrew Cuomo, who has emerged as a popular figure by virtue of his daily coronavirus press conference / therapy session, put it: “Call it psychological. Call it feelings. Call it emotions. But this is as much a social crisis…

Banking stocks have seen strong gains this week with the Nifty Bank index surging nearly 11 per cent in the last three trading sessions (starting May 23). In comparison, the Nifty50 is up 5 per cent. The gains come after huge selling pressure and consequent under-performance of banking stocks since the start of March. The financial sector, banks and non-banking finance companies (NBFCs), are seen to be most impacted due to the lockdown. Which is why, the Nifty Bank lost 41 per cent between February 28 and May 22, compared to a 19 per cent decline…

May 26, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. We’ve all heard it before: Social media is important for sales. But specifically, Instagram — with its focus on high-quality images and the aesthetic side of marketing — can take your product to new heights, if used correctly. In fact, research compiled by Our Social Times discovered that engagement with brand posts from consumers is increasing at a rate faster than that at which brands are creating Instagram accounts. According to Sprout Social, the presence of brands on Instagram is up by 71 percent from last…

The Insurance Regulatory and Development Authority of India (Irdai) has allowed the recently merged Punjab National Bank (PNB) to hold promoter stake in two life insurance companies – PNB Metlife and Canara HSBC OBC Life Insurance. After the merger of Oriental Bank of Commerce and United Bank of India with PNB on April 1, the Delhi-based lender holds 30 per cent stake in PNB MetLife and 23 per cent in Canara HSBC OBC Life Insurance. The insurance regulator has allowed PNB to keep its shareholding in both the insurance companies intact…

The bond market is signalling a rocky road ahead for both Tata Motors and its British subsidiary, Jaguar Land Rover (JLR), as they struggle with sales. The yield on JLR bonds has more than doubled since the pandemic blew out of proportion in early March and is refusing to cool down. JLR bonds are trading at record yield of 13.2 per cent — one of the highest in the automotive industry, nearly three times that of General Motors and 10 times that of Toyota Motor. This, the analysts said, will make it tough for JLR to raise…

Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. May 26, 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. Digital marketing is constantly evolving. The statistics surrounding digital marketing trends change every year, with new players joining the field, peoples’ preferences changing, and the digital landscape innovating to pump more money…

The character and culture of companies is revealed in crises. And the same is true of people. As leaders struggle to navigate the impacts of the novel coronavirus pandemic on their business, they are discovering which members of their teams rise to the new challenges and which are overwhelmed. Often there are surprises: The people they expected to step up may become rattled, and others who had operated in the background are finding their leadership voice. COVID-19 is testing our resilience, and for all that has been studied and written about that quality, it still has an air of mystery…

The initial public offering (IPO) market is expected to remain moribund even as share sales in large listed firms rake in billions of dollars. Investment bankers say the IPO market freeze could extend till the end of this year despite several concessions given by market regulator Securities and Exchange Board of India (Sebi). On the other hand, there is healthy appetite for shares in listed companies with leadership position in their respective sectors, they add. Last month, Sebi decided to extend the validity by six-month for IPOs whose validity expire between March 1 and September 30. The…