India VIX rises to highest level since 2008 crisis as fear grips markets

India VIX, a measure of investors’ perception about the risk of sharp swings based on options prices, rose to its highest level since the 2008 global financial crisis as fear gripped markets worldwide after COVID-19 was declared a ‘pandemic’. The fear gauge slid nearly 30 per cent on Thursday to 41.16, even as the Nifty dipped 8.3 per cent. VIX is meant to indicate investors’ perception of the annual market volatility over the next 30 calendar days. The higher the value, the higher is the expected volatility and vice versa. …

How FanDuel Has Evolved in the Wake of Legalized Sports Betting

David Meltzer sits down with the company’s CMO to talk about the transition. March 10, 2020 1 min readOpinions expressed by Entrepreneur contributors are their own. On this episode of The Playbook, FanDuel’s Chief Marketing Officer Mike Raffensperger shares his insights on:How his experience working at Amazon helped give him an understanding of the digital advertising marketplace [5:06]. Why you need to be telling an impactful story with your content that also improves your audience’s experience [8:03]. Why he believes that FanDuel is one of the best “second screen” experiences in the world for sports fans [10:35]. How…

Solving problems with a leap of faith

In November 2017, Francisco de Roux, the former head of the Jesuit order in Colombia and a renowned peacemaker, was appointed to a national leadership position established by the treaty that ended Colombia’s 52-year civil war. That same month, my colleagues and I started working on a development initiative involving politicians, former guerillas, and business and community leaders in the troubled southwest region of the country. I was delighted to see Francisco show up for our first workshop. When I asked him why he had taken time away from his important new responsibilities to participate in this local event, he…

Domestic gold ETFs get record flows, up 7x over previous month’s tally

The spike in market volatility has prompted mutual fund (MF) investors to lap up units of gold exchange-traded funds (ETFs), with the category seeing highest flows since 2008. In February, net flows into the schemes stood at Rs 1,483 crore, which was seven-times of flows ETFs received in previous month. Experts say investors are chasing gold-linked products due to robust trailing returns and because they are seen as a safe haven amid current market volatility. “Gold has seen sharp rally in prices, which is why investors are pouring into…

The Unwritten Rules of Naming Your Business

You may not know it, but your industry has unwritten rules when it comes to business names. Find out what yours might be so you can craft a name that resonates with your customers. March 9, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. The following excerpt is from Brad Flowers’s The Naming Book. Buy it now from Amazon | Barnes & Noble | IndieBound Every industry has a set of unwritten branding rules, or tendencies, that become codified over time. Sometimes they can become clichés. Most industries will have only a few types of names.…

To survive slowdown, small businesses must conserve and maintain cash flow

As every small business owner can vouch for, ups and downs are par for the course when it comes to running a small business. Sometimes, even with a sound business plan, a loyal set of customers and a great product in place, a small business can go through difficult times, due to market conditions or other factors that are out of our control. Chandrakant Salunkhe, president of the SME Chamber of India, said that over 9 lakh micro, small and medium enterprises (MSMEs) have shut down in the last 18 months. According to a Reserve Bank…

Wall Street jumps at open on stimulus hopes; Dow Jones, S&P rise over 2{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942}

US stock indexes opened more than 2 per cent higher on Tuesday as hopes of coordinated policy easing to avert a global recession calmed investor nerves a day after the biggest market rout since the financial crisis. .The Dow Jones Industrial Average rose 601.98 points, or 2.52 per cent, at the open to 24,453.00 and the S&P 500 opened higher by 66.92 points, or 2.44 per cent, at 2,813.48. The Nasdaq Composite gained 269.09 points, or 3.38 per cent, to 8,219.76 at the opening bell. !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','550264998751686');fbq('track','PageView');…

How to Create a Brand That Resonates With Young People

Zack Weiner shares his thoughts on marketing to Gen Z. March 5, 2020 1 min readOpinions expressed by Entrepreneur contributors are their own. Zack Weiner, president and co-founder of Overtime, discusses the changing preferences of today’s young sports fans and how Overtime caters its content to the next generation. Weiner also talks about the origins of the company and how the startup he launched in college prepared him to solve some of the problems in the sports media market that Overtime addresses. Weiner and The Playbook host David Meltzer chat about a range of topics including the importance of…