Shares of chemical firm UPL Ltd closed nearly 11 per cent down on Thursday on reports that a whistle-blower had alleged corporate governance lapses in the company and that its promoters had siphoned off funds. The whistle-blower also alleged that UPL entered into rent deals with a shell company owned by its employees and paid crores of rupees in rent for properties held by the latter, which was earlier owned by the promoter family.
The company, owned by the Shroff family, however, said this was an old matter and was reported to the audit committee in…
6 Steps for Better Social Media Engagement
Think of your strategy as a machine that’s made up of different small parts all working toward one goal.
December
9, 2020
5 min readOpinions expressed by Entrepreneur contributors are their own.
Figuring out a strategy that improves social media engagement and conversion rates — and aligns with business goals — is a common challenge for marketers. There are many solutions for improving social metrics and business ROI, but no part of a digital-marketing plan works in isolation, and social media engagement and conversion rates are a perfect example. Despite being on different levels of the marketing funnel, they…
Building for the future
The Inside the Mind of the CEO interview series explores a wide range of critical decisions faced by chief executives around the world. For more insight, see PwC’s CEO Survey.
In the late 1990s, Deryl McKissack visited a high school in Washington, DC, to speak to the student body about her career. At the start of that decade, she had founded her architecture, engineering, and construction management firm in the U.S. capital, inspired by her family’s 115-year-old business. When she walked into one of the school’s restrooms after her talk, McKissack was struck by its deteriorated state. She thought…
With no stopping the bull, Sensex crosses 46,000 amid record FPI flows
There seems to be no stopping the market bulls. The benchmark Sensex on Wednesday topped the 46,000 mark amid relentless buying by foreign portfolio investors (FPIs). Gaining for a seventh consecutive session, the gauge for the performance of the country’s leading 30 stocks rose 1.1 per cent, or 495 points, to end at 46,103.
The Nifty50 index added 136 points, or 1 per cent, to close at 13,529. Both the indices have logged record highs in 14 of the last 21 trading sessions and are up 4.4 per cent in December, extending the last month’s 11.5…
3 Ways Visual Merchandising Is a Retailer’s Secret Weapon to Win The Holidays
December
8, 2020
7 min readOpinions expressed by Entrepreneur contributors are their own.
The holiday season is important for most industries, but for retailers, it can make or break their entire year. Thousands, and sometimes millions, are spent retaining existing customers, attracting and retaining new customers and possibly taking a few customers from competitors. Many retailers use traditional methods of paid advertisement and social media to ensure that they reach their target goals. These same retailers, however, forget to use a more cost-effective marketing strategy: visual merchandising.
Visual Merchandising is the marketing concept that can push a retailer’s overall…
Open offers by listed companies decline 39{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} to Rs 9,000 cr in Apr-Oct
Listed companies made open offers worth close to Rs 9,000 crore to public shareholders in the first seven months of the current fiscal, a drop of 39 per cent from the year-ago period.
According to Sebi’s latest monthly report, a total of 30 open offers for shares worth Rs 8,973 crore were made by the companies during the April-October this financial year (2020-21).
In comparison, 40 offers, amounting to Rs 14,603 crore, were made in the same period preceding fiscal.
Under the Sebi regulations, pursuant to the substantial acquisition…
Generate High-Performing Ads in Seconds with This Simple Copywriting Tool
Think quality over quantity when it comes to content.Free Book Preview Ultimate Guide to Facebook Advertising
Get a glimpse of how to use Facebook’s marketing resources to your business’s advantage.
December
7, 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.
Digital marketing is essential for any business these days. Seventy-six percent of people think marketing has evolved more in the past two years than it did…
Mandating insurance not the way forward to boost penetration: Irdai member
Despite the fact that there is massive under-penetration in the county as far insurance is concerned, the regulator is of the view that the solution to this does not lie in mandating insurance because a stage has been reached where insurance should be a product on “demand”. It cannot be forced upon consumers by the industry or other stakeholders.
“There has generally been a feedback that either the regulator or the government should mandate certain types of insurance, but ideally the solution does not lie in mandating insurance,” said T L Alamelu, Member (Non-Life) Irdai.
…
