Listed firms spent Rs 36,000 crore on R&D in 6 years, just 0.9{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} of revenues

Listed companies spent Rs 36,000 crore on research and development (R&D) — just 0.9 per cent of revenues. As a percentage of GDP, R&D spends in India have averaged 0.7 per cent in the past six years, ICICI Securities’s analysis showed. India’s R&D spends are “relatively low as compared to other emerging economies (1-1.5 per cent) and significantly lower than developed economies and China (more than 2 per cent),” said Vinod Karki, Siddharth Gupta, and Anagha Deodhar, analysts at the brokerage. Dear Reader, Business Standard has…

The 3 Mistakes That Are Killing Your Authority Marketing

October 18, 2020 8 min readOpinions expressed by Entrepreneur contributors are their own. What if prospects came to you? That’s the point of authority marketing.  Authority marketing is a multifaceted approach that includes content marketing, public relations, speaking, and for many, authorship. Some call it “attraction marketing” or “doing thought leadership.” But whatever you choose to call it, the goal is to position yourself as an authority and have prospects knocking on your door.  This approach is particularly valuable in this era of information availability. Most sales conversations don’t start with a prospect actually reaching out to you or…

What is a passive fund and is it a safe investment option? Things to know

In this podcast, Business Standard’s Sanjay Kumar Singh explains the difference between active and passive funds, why should an investor get into passive funds and more Topicspassive funds | Mutual Funds | Nifty index One category that has been gaining interest among investors these days is passive funds. Some such funds that were launched in the market recently are– Nippon India Nifty Smallcap 250 Index Fund, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund. But what are passive funds? And can these funds add value to your portfolio? In this podcast, Business Standard’s Sanjay Kumar Singh explains…

Commodity picks: 19 October, 2020

Soybean at the benchmark Indore markets traded at Rs 4,145 per quintal; Chana price is expected to move up marginally from Rs 5,475 to Rs 5,525-5,550 per quintal in the Delhi market TopicsCommodity picks | Soybean | Chana Prices Soybean Soybean at the benchmark Indore markets traded at Rs 4,145 per quintal. For the week ahead, the price is expected to trade weak and head towards Rs 4,100-4,075 per quintal. There is weak demand from processors, besides attractive price could increase farm arrivals. Hence, the price is expected to trade with a downward bias for the…

Need to have more disease-specific health insurance products: Irdai

Irdai Chairman Subhash Khuntia has urged health insurance providers to develop disease-specific products which could help policy holders in preventing different ailments. I would urge insurers to develop more disease-specific products like for diabetics or for heart or kidney related issues, Khuntia said at a health insurance summit organised by CII. Under such focussed products, insurance companies can bring together medical experts to make aware policy holders on steps to be taken to prevent various diseases, he said. The chairman said the insurance sector, for too long, has concentrated…

Cold storage real estate stock rises up to 1,500 mn sq ft by 2023: Report

The rising demand for food and groceries on e-commerce platforms will fuel the growth in the cold storage business, property consultant CBRE has said, and estimated that the total storage capacity as well as the real estate space in this segment will double by 2023. In its report on the cold storage segment, the consultant said that the overall cold storage real estate stock stood at 750800 million square feet in 2018 and is expected to rise to 1,4001,500 million sq ft by 2023. The overall cold storage capacity in 2018 stood at 3739…

Community Is Key in Building a Multimillion Dollar E-commerce Company

October 16, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. Any business book or LinkedIn coach will tell you that you need a great product, supply chain, and distribution strategy for your e-commerce business. That’s all true, but oftentimes direct to consumer brands miss one big strategic focus — community development. Companies like Glossier treat their customers as influencers. BestBuy has an exclusive network of “Tech Insiders.” Curology has a community strategy directly embedded into their business model and Sephora has their #SephoraSquad that redefines what an influencer is to a modern brand. All of these…