Investor wealth erodes Rs 4.82 trn as Covid-19 cases continue to spike

Investor wealth tumbled by Rs 4,82,033.63 crore in two days of market fall as rise in Covid-19 cases further triggered selling in equities. The Sensex plummeted 674.36 points or 2.39 per cent to close at 27,590.95 on Friday. Selling in markets led to a decline in market capitalisation of the BSE-listed companies which tumbled Rs 4,82,033.63 crore to Rs 1,08,66,722.96 crore in two days. “The Indian benchmark indices continued to plunge southwards, after a surge in the number of coronavirus cases in India. Besides, Moody’s report on the banking sector wherein they…

Your Conference May Be Canceled, but Here’s How to Host a Digital Webinar Instead

As everything goes online, turn the videoconferencing revolution into a marketing tool. April 2, 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. As offices shut down, conferences postpone, and workers confine themselves to their homes, everything is moving online in the age of COVID-19. Unfortunately, nobody can say what the future holds for major conferences and gatherings. That said, there’s no time like the present to learn…

The upside of trade-offs

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…

Covid-19: Supply of pulses to ease soon as Nafed ties up with dal mills

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…

SEO Needs to Be Part of Your PR Strategy

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,…

Six changes in tax rules that come into effect today

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 urge Sebi to restore trading hours till 11.30 pm

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…

How Barstool Sports Built Its Brand

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…