Small Business

Arbitrage schemes are back on investors’ radar, with the category garnering net inflows of Rs 6,587 crore in April. Investors have been looking for alternatives to debt schemes, following Fanklin’s winding up of six of its credit-oriented debt schemes. “In March, the category had outflows due to temporary dislocation between cash and futures markets and investors taking out money for their year-end liquidity needs. But with markets stabilising, investors are looking at the category as an alternative to park funds in and avoid categories with credit or other debt market-related risks,” said Radhika Gupta, chief executive…

Four easy ways to amplify your impact. May 8, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. Online communities are the way of the future: They bring people of all ages, backgrounds and hometowns together over a common industry, skill set or interest. I’ve personally been stunned by the impact of an online community from my own experience. My online Facebook community, Ecommerce Elites Mastermind, has over 85,000 members who unite on a daily basis to discuss ecommerce tips and strategies.  Related: 5 Tips for Building an Online Community for Your Business The impacts are significant.…

A survey has showed that around 16 per cent landlords waived rent for up to two months, while another 41 per cent gave tenants extension on rental payments in view of a financial crunch during the coronavirus lockdown. The survey, conducted by property classified 99acres.com which is owned by Info Edge India Ltd, polled 49,600 house owners and brokers who have listed properties for rent or sale. The survey’s motive was to assess the impact of the coronavirus pandemic on the property market.   “Most of the landlords are extending…

City gas distribution company Adani Gas reported a profit before tax (PBT) of Rs 156 crore, a rise of 30 per cent on a year on year basis due to better operational performance. The company saw a marginal decline in its compressed natural gas (CNG) volumes for the March quarter. With demand from industrial, commercial and transportation down, the hit on volumes is expected to be higher for the June quarter. For the March 2020 ended quarter, the company reported a profit after tax (PAT) of Rs 122 crore, 61 per cent higher compared…

When every new business is launching digitally, you need these things to stand out. May 7, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. In my journey as an entrepreneur, I’ve had many digital launches: my podcast, my line of false lashes, my books, a personal branding workbook and more. What I’ve learned through each launch strategy and execution process is how important it is to be creative. If you’re part of a community of entrepreneurs, it’s likely that someone is launching something on any given day. As exciting as that is to be part of,…

The Covid-19 crisis has impacted not just India but the entire global economy. Amid this global economic downturn and with countries under lockdown, people are trying their best to handle work and other responsibilities from home. To offer them support in this scenario, the government has provided tax relief and extensions in deadlines for statutory compliances. Extension of due dates: The due date to file a belated return and a revised return for Financial Year (FY) 2018-19 has been extended from March 31, 2020 to June 30, 2020. Accordingly, an individual taxpayer who has not filed his income tax…

Hospitality has been one of the worst impacted sectors post the Covid-19 outbreak and the same is reflected in the stock prices. Even as the market recovered in April, the BS Hotel Index, which measures the performance of top hotel stocks, has been lagging way behind. While the Sensex gained 21 per cent since March 23, the BS Hotel index fell 7 per cent over the same period. The reason for the underperformance of the sector is the expectation that recovery time could stretch to two years, one of the highest across all sectors. The delay…

May 6, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. We are all doing our best to cope under the current circumstances, and I believe that within adversity lies an opportunity to change, evolve and adapt.  Whether you’re an individual, entrepreneur or brand, the need of the hour is to reassess, rethink and reinvent your approach. While influencers, billionaires and corporations are joining hands to aid those in need, brands need to sustain business activities and simultaneously make a positive contribution to those around them.  I recently spoke with brand strategist Alex McCurry, founder of Astra…