Unlock BFSI 2.0: From push, insurance has become a ‘nudge product’

While the Covid-19 pandemic has wreaked havoc across sectors, life insurers feel this black swan event has resulted in the bolstering of demand for insurance products, be it in protection, health, guaranteed return segment or others. From being a push product, insurance has become a “nudge product” due to the uncertainties. During the Business Standard webinar, moderated by Consulting Editor Tamal Bandyopadhyay, leading minds of the life insurance industry seemed to agree that the current situation has led customers to be more aware of insurance. And while demand for insurance, especially protection products, has gone go…

Fund managers may shift attention towards accrual funds for higher yields

Fund managers may gradually shift their attention towards accrual funds in search of higher yields, even as investors continue to favour shorter-term debt funds. Accrual funds invest in companies having a lower credit rating, often with expectations of an improvement in their rating. Experts believe a compression theme is evident in select AA names as initial fears of downgrades and defaults recede, and portfolios may selectively look to capture opportunities in the space. “We believe opportunities in the AA space make for an attractive play for investors with risk appetite. However,…

What Makes the Sales Follow-Up Email Special?

August 25, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. A sales follow-up email is for more than just confirming an order: It’s a powerful sales tool that can turn customers into lifelong supporters. After all, it’s not your product that turns customers into supporters and fans. It’s the relationship you develop with customers that does it. The follow-up email keeps the lines of communication open when you’re not busy trying to sell.  So, why do so few companies send out regular follow-up emails? They have the software to do it, since most email marketing tools…

Sebi imposes fine of Rs 50 lakh on NSE over Chitra compensation

The Securities and Exchange Board of India (Sebi) has imposed a penalty of Rs 50 lakh on the National Stock Exchange (NSE) for the compensation paid to former MD and CEO Chitra Ramkrishna. The exchange had paid Ramkrishna Rs 44 crore for her three-year tenure and a further Rs 23 crore as total remuneration in the last eight months of her tenure. Sebi got a letter from the finance ministry drawing its attention to the high compensation paid during the last eight months of the tenure. Ramkrishna had resigned from the…

3 Tips For Giving a Successful Podcast Interview

Once you’ve scored that interview you’ve been pitching, there’s a few steps you should take to nail it.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. August 24, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. Earlier this week you sent an incredible pitch to that podcast host you follow, and finally heard back. You’re in! The host asked you to submit a bio, headshot, and key talking points for marketing purposes, which you sent over immediately. The host also provided…

Sustaining productivity in a virtual world

There is a gap between the digital skills people have and those needed to live, learn, and work in the digital world. The need to upskill — to bridge this gap — is a complex problem that will require government administrators, educators, and business leaders to come together. To learn more about upskilling your own workforce, go to Upskill my workforce for the digital world.How was lockdown for your teams? Are they feeling stressed and isolated? Or has working from home turned out to be a productive, commute-free, work-in-comfy-clothes revelation? One thing seems certain: This global, flexible-working experiment has…

Suzlon board okays issuance of NCDs worth Rs 4.4K cr under debt recast plan

Suzlon Energy’s board on Monday approved the proposal to issue non-convertible debentures worth Rs 4,453.01 crore under its debt restructuring plan. However, the company’s board of directors have deferred approval of financial results for June quarter till August 28, 2020. The approval of financial results was one of the agenda listed for the meeting scheduled on Monday. In its meeting held on Monday, the board of directors of the company approved the issuance of non-convertible debentures to an extent of Rs 4,453.01 crore on private placement basis to Suzlon…

Utilize Chatbots for any Purpose with This Custom Platform

Find out why more than 3 million users trust Botsify.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. August 19, 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. You want to connect more directly with your customers to better serve their needs, but who has the time to respond to every individual…