Two of the six Franklin Templeton schemes being wound-up have received a pre-payment of Rs 420 crore from the Nuvoco Vistas Corporation, the cement division of Nirma group. The two securities were held in Franklin India Ultra Short Bond Fund and Franklin India Dynamic Accrual Fund. The two debt papers were to mature in September 2020 and September 2021, respectively. However, the bond issuer pre-paid the securities in June. The updates were disclosed in a letter to investors by FT MF. Addressing concerns over falling net asset values (NAVs) in…

Don’t believe the stories you’ve read about how Gen Zers don’t use email.Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. July 9, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. Generation Z, the cohort of people born after Millennials, was supposedly the kryptonite of every digital marketer. Gen Zers don’t check their email, they have short attention spans, and have grown up in an “always-on” tech environment.  These kinds of pronouncements are always popular in the marketing world…

Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the Covid-19 crisis. While new pandemic-proof policies might not be cheap, they offer businesses from restaurants to film production companies to e-commerce retailers ways of insuring against disruptions and losses if another virus strikes. The providers include big insurers and brokers adding new products to existing coverage, as well as niche players that see an opportunity in filling the void left by mainstream firms that categorise…

Barley prices in Jaipur are trading at Rs 1,416 per quintal. Mustard seed is trading at Rs 4,900 per quintal…

July 10, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. Starting an online business requires some planning. An entrepreneur needs to gauge demand, understand how SEO and digital ads work and know how to acquire customers cost-efficiently. If the formula works, the business can scale rapidly. As stated in the “Enabling Digital Entrepreneurs” report by World Bank Group, “many digital entrepreneurs are ‘born global’ and have the ability to grow and scale across borders very quickly.”  Online spending has skyrocketed in recent years, and continued growth is likely as people continue to stay home, which “creates…

The Insurance Regulatory and Development Authority of India (Irdai) has allowed 29 general and health insurers to market the standard Covid-19 cover, Corona Kavach. It had set a July 10 deadline for insurers to come out with such a product, but firms required regulatory clearance for its pricing. As of now, insurers have been asked to offer indemnity-based Corona Kavach to consumers; the benefit-based standard policy, Corona Rakshak, would be launched later. Last month, the insurance regulator had issued final guidelines for the two standard products specifically designed for Covid-19 cases.…

Gold prices on Saturday fell to Rs 48,900 from Rs 49,100 per 10 gram, while silver climbed to Rs 51,950 from Rs 51,900 per kilogram, according to Good Returns website. Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges. In New Delhi, the price of 22-carat gold rose to Rs 47,700 per 10 gram, and in Chennai to Rs 46,920. In Mumbai, the rate was Rs 48,000, according to the Good Returns website. The price of 24-carat gold prices…

How one very strange date in my 30s still applies to the way I do business today.Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. July 10, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. Back in my 30s, single, dating and living in Palm Beach, I had some rather crazy experiences. The highlight reel includes a CEO in his 40s telling me his mom would need to come with us on our first date and a more-money-than-senses mogul…