Commodity picks: 2 November, 2020

Mustard seed at the benchmark Jaipur market is trading at Rs 6,160 per quintal; Benchmark cotton S6 (29mm) in Gujarat is quoting around Rs 19,100 per bale TopicsMustard Seed | Mustard seed prices | cotton Mustard seed Mustard seed at the benchmark Jaipur market is trading at Rs 6,160 per quintal. For the week ahead, the price is expected to head towards Rs 6,200 – 6,250 per quintal. Restricted selling from government agencies and low availability in the free market is expected to keep the price higher. Cotton Benchmark…

4 Key Benefits of Video Content

October 31, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. In the digital age, getting attention is anything but a given. An abundance of publishers, gadgets and apps are competing for mind share, and data overload causes audiences to block distractions and instead focus on what’s urgent. Five years back, a Microsoft study found that humans now have a shorter attention span than a goldfish, which lasts about eight seconds — only two decades ago, we were at 12 seconds. That’s proof positive why content must be compelling, truly entertaining and/or informative; otherwise it’s just mindless…

I-T exemption under LTC cash voucher scheme: All you need to know

If the deemed LTC Fare is Rs 80,000 (Rs 20,000 x 4), then the amount to be spent under the scheme is Rs 2,40,000. Thus, if an employee spends Rs 2,40,000 or above on specified expenditure, he shall be entitled for full deemed LTC fare and the related income-tax exemption. However, if the employee spends Rs 1,80,000 only, then he shall be entitled for 75 per cent (i.e. Rs. 60,000) of deemed LTC fare and the related income-tax exemption. In case the employee already received Rs 80,000 from employer in advance, he has to refund Rs 20,000 to the…

DLF-GIC joint venture to be ready for launch of its REIT in 15-18 months

Realty major DLF’s rental arm DCCDL has started the process of structuring its rent-yielding commercial assets in Real Estate Investment Trust (REIT) form but the timing to launch the public issue will be decided by the promoters. DLF Cyber City Developers Ltd (DCCDL) is a joint venture between DLF and Singapore’s sovereign wealth fund. DLF holds 66.67 per cent stake while GIC has 33.33 per cent stake in the DCCDL, which owns around 33 million sq ft of commercial assets with rental income of over Rs 3,000 crore. GIC had picked…

The McDonald’s McRib Sandwich Is Coming (Baby) Back In A Big Way

For the first time since 2012, the fast-food chain will release its famed BBQ rib sandwich nationally.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. October 30, 2020 3 min read Mark your calendars. On December 2, McDonald’s will be rolling out McRibs across the US.  What’s the big McDeal, you ask? The McRib (which consists of a boneless pork patty shaped like a miniature rack of ribs, barbecue sauce, onions, and pickles) is a cult classic among McDonald’s fans, a cultural phenomenon, and the…

The fear factor

“Congratulations, we work for an underperforming business in a crappy industry and it’s going to be hell for the next 12 months,” chief executive John Pluthero wrote in a memo to the employees of Cable & Wireless in 2006. “If you are worried that it all sounds very hard, it’s time for you to step off the bus. This is no longer a place for the timid.” In 2011, CEO Stephen Elop posted a similar missive to Nokia’s 130,000 employees: “I have learned that we are standing on a burning platform. And, we have more than one explosion — we…

SEBI fines Titan Company employee for violating insider trading norms

The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 2 lakh on an employee of Titan Company, Theekevedu B. Alexander, for violating insider trading norms in 2018. The investigation by the capital markets regulator found that the designated employee of the company and his spouse had traded in the scrip of Titan when the trading window was closed, in violation of SEBI (PIT) Regulations, 2015. Alexander had traded on two trading days during the period from September 23 to November 12, 2018 — a period during…

Is there a Check & Small Business Relief in Sight?

President Donald Trump has recently said he’s for the approval of a stand-alone bill that’d give authorization to another round of $1.200 checks. To gain better insight into the topic and find the best ACH business loans for your company’s growth, follow the lines below. Trump Reverses Stance on Stimulus President Trump noted the importance of 25 billion dollars for Airline Payroll Support, and 135 billion dollars for the Paycheck Protection Program for small businesses on Oct. 6. The president wanted the House and Senate to give their approval right off the bat. President Trump is for stand-alone legislation aimed…