In October 2019, Salesforce CEO Mark Benioff declared capitalism was dead in a New York Times op-ed. Earlier in the year, Larry Fink, chairman of BlackRock, caused a seismic stir in a letter to chief executives demanding that companies pursue purpose. In August 2019, CEOs of 181 companies in the Business Roundtable rejected the idea of shareholder primacy in favor of creating value for all stakeholders. Today, increasingly, corporations are being asked, pressured, forced, encouraged, regulated, and coaxed to consider a broader set of stakeholders in their business calculations. The 2008 financial crisis focused attention on the ways in which…

The supply of pulses is likely to improve in the next one week as the government has taken a series of steps to smoothen processes across entire value chain. So far, dall mills have been complaining of a squeeze due to the closure of mandis, labour shortage and unavailability of transport facilities, following the 21-day lockdown. Dal mills are currently operating at less than 40 per cent of their installed capacities due to the shortage of raw materials, as supply of whole-grain pulses deteriorated due to the closure of agricultural mandis across the country. The sudden…

No, PR and SEO are not the same thing. But for best results, they belong together. March 31, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. Interestingly, although I lead a PR company, we don’t do SEO. However, I strongly consider SEO know-how one of the most essential advantages a PR business can have. The guiding rule of PR, in my estimation, is to provide relevant and value-add information for the people who want to receive it.  The job of SEO, then, is to direct that content to ensure it is seen. So in that respect,…

This financial year, taxpayers will be able to choose between two sets of slab rates and pay their taxes accordingly. They could either opt for the new tax rates announced in Budget, or stick to the existing slabs. Under the new regime, there is no tax on annual income up to Rs 2.5 lakh, while 5{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} tax is payable on income above Rs 2.5 lakh and up to Rs 5 lakh, and 10{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} on income over Rs 5 lakh and up to 7.5 lakh. For income betwen Rs 7.5 lakh and Rs 10 lakh, tax has to be…

Commodity traders have asked India’s markets regulator to restore trading hours till 11.30 pm to contain trading volatility and losses seen after the coronavirus pandemic since December 2019. Narinder Wadhwa, president of Commodity Participants Association of India (CPAI), said in a letter to Santosh Kumar Mohanty, executive director and whole-time director of Securities and Exchange Board of India (Sebi), said the request is based on an opinion poll of its members who voted for restoration of the original trading timing. After the government imposed a nationwide lockdown to prevent the spread…

Erika Nardini, CEO of Barstool Sports, discusses how her experience with the early days of the internet prepared her to run this fast-growing media brand. March 31, 2020 1 min readOpinions expressed by Entrepreneur contributors are their own. On this episode of The Playbook, Barstool Sports CEO Erika Nardini shares her thoughts on:Why she never thinks about being a “woman at work,” despite being in a male-dominated industry [5:10]. The two biggest challenges all businesses are facing today [7:08]. How she ensures Barstool’s new hires have the right perspective about how to “break through” [9:33]. Why Barstool’s strategy…

The coronavirus crisis is unlike any we have seen in recent memory. Its impact on our collective physical, mental, and economic health has elements in common with the 1918 influenza pandemic, the wave of terror bombings in the early 2000s, and the economic crash of 2008. It’s an inflection point, beyond which our personal and professional lives will be changed in ways we can’t yet fully understand. Nevertheless, we must persevere. Our organizations need to survive both as vital components of the global economic engine and integral threads in the fabric of social coherence. Many people derive not just financial…

The Rs 27-trillion mutual fund (MF) industry could see some slowdown in March, with estimates (up to March 27 for 80 per cent industry assets) suggesting a dip of 10-15 per cent to Rs 9,100-9,700 crore in the equity segment. Industry players say flows have shown resilience in a highly-volatile month that also saw closure of MFs’ branch offices due to Coronavirus-induced lockdown. Compared to the last 12-month average of Rs 6,984 crore, the estimated equity flows are still 30-38 per cent higher. The monthly flows for industry are typically released…