Investment through participatory notes (P-notes) in the domestic capital market rose to a 31-month high of Rs 87,132 crore at December-end, reflecting the bullish stance of FPIs.
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
According to Sebi data, the value of P-note investments in Indian markets — equity, debt, and hybrid securities — increased to Rs 87,132 crore till December-end from Rs 83,114 crore at…
4 Ways for Service Professionals to Acquire New Clients
January
18, 2021
6 min readOpinions expressed by Entrepreneur contributors are their own.
Service providers in certain industries — like travel and leisure, for example — have been hit hard by the pandemic. According to an August 2020 survey by the National Federation of Independent Business, 21{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} of business owners say they’ll permanently shut down if the economy doesn’t improve within the next six months.
Regardless of industry, service professionals need to acquire multiple revenue streams to weaken the financial risk, given today’s economy. It’s also critical to operate with the right mindset about one’s work.
Whether you’re an…
Irdai working group proposes ‘traffic violation premium’ in motor insurance
A working group constituted by the insurance regulator to study the scope of linking motor insurance premium with traffic violations has recommended adding “traffic violation premium” in every motor insurance policy in addition to motor own damage, basic third party, additional third party, and compulsory personal accident premium.
It will float over own damage and third party sections of motor insurance and can be attached to any section of motor insurance cover being purchased. “This will ensure, regardless of any insurance cover a motor owner wants to buy, he/she will be subjected to Traffic Violation Premium,…
Ultra long bonds are back in force as rock-bottom rates create sweet spot
By Dhara Ranasinghe
LONDON (Reuters) – More governments are selling bonds that mature in 30, 50 and even 100 years’ time, capitalising on rock-bottom borrowing costs and a willingness among investors to look past risks for the sake of slightly higher yields.
After Germany’s state of North Rhine Westphalia (NRW) raised 2 billion euros on Jan. 5 via a 100-year issue, France said on Monday it would soon sell a 50-year bond, its first new debt at that maturity since 2016.
A brisk start that has also seen Mexico…
How to Begin Writing Your Lead-Generating Non-Fiction Book
January
17, 2021
10 min readOpinions expressed by Entrepreneur contributors are their own.
Writing a book. It’s one of the most commonly held aspirations, yet is somehow perceived to be one of the most overwhelming and problematic roads to navigate. And when this life goal is coupled with the knowledge and recognition that a book can also mean huge business growth and enhanced levels of authority and status for business owners, entrepreneurs, solopreneurs, coaches, mentors, thought leaders and speakers (just to name a few), frustration can reach an all-time high when the pathway seems unclear.
All too often, this…
Investor wealth declines over Rs 2.23 trillion tracking weak markets
Investor wealth on Friday declined over Rs 2.23 trillion as markets cracked.
The 30-share BSE Sensex slumped 549.49 points or 1.11 per cent to close at 49,034.67. During the day, it plunged 788.37 points to 48,795.79.
Following the bearish trend, the market capitalisation of the BSE-listed companies dived Rs 2,23,012.44 crore to Rs 1,95,43,560.22 crore.
Religare Broking Vice-President (Research) Ajit Mishra said, “Markets traded volatile and settled with a cut of over a per cent. Participants were in the profit-taking mood from the beginning citing overbought market conditions.”
He…
Don’t Just Sell Yourself, Communicate Your Value: 6 Valuable Tips
January
15, 2021
8 min readOpinions expressed by Entrepreneur contributors are their own.
Selling is the most important skill entrepreneurs are obliged to master. After all, the success of a product or service depends on your ability to sell it. Yet for selling to be truly successful, today’s entrepreneurs must be engaged as much with selling themselves as their products and services.
“Regardless of whatever product or service an entrepreneur has developed, it’s critical that entrepreneurs have a sure sense of self, and be able to sell their vision to prospective customers, partners, and/or investors,” says Geraldo Matos, assistant…
SAIL OFS subscribed over 5 times; govt to get Rs 2,664 cr from stake sale
The government is expected to garner Rs 2,664 crore from offloading 10 per stake sale in India’s largest steelmaker SAIL through an offer for sale (OFS) which was subscribed over five times on Friday.
The shares sought were 522.89 per cent of the overall issue size on the final day of bidding, as per provisional data available on bourses.
Earlier this week, the government had proposed OFS of 20.6 crore shares of face value of Rs 10 each (base offer size), with an option to additionally sell up to 20.6 crore…
