Promoters of stressed companies will get more flexibility in attracting investors and the process of determining the right price for assets would get easier following a new set of amendments introduced by capital market regulator Sebi in its preferential share issuance norms. Market experts said the new guidelines provide flexibility to the promoters and promoter group entities to attract investors for their companies rather than becoming completely dispossessed as under the IBC framework. The amendments can also help promoters get financial investors on board without losing control of the company. Even…

Business communication has always been important, but it is doubly important in crises. July 1, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. Communication has always been a crucial element of business operations, regardless of the size or location of the company in question. Being able to communicate effective is crucial to defining a brand and putting the best foot forward with customers. When done effectively, business communication can boost a company’s products and services to immense profitability, or sink the company, if done poorly. Business communication in normal times is very different from business communication…

The Association of Mutual Funds in India (Amfi) has sought data on systematic investment plans (SIPs) from individual fund houses, to rule out any concerns over the accuracy of the monthly SIP data. Experts say the move could give a more real picture on how the SIP flows are doing in the current environment. “Gross collection of data through registrar & transfer agents (RTAs) may have not been indicative of the true impact on flows amid the prevailing conditions. However, this methodology could bring in more clarity on how clients and…

In a bid to promote paper gold in India, bullion experts have proposed a separate gold saving account along with the rupee saving bank account for consumers. Deliberating on the issue in a webinar organised by Assocham, Somasundaram PR, managing director, World Gold Council (WGC) India, said, “Consumers should be given an option with separate gold saving account along with the rupee balance account in banks to enable them to transact directly in the bullion.” Currently, transaction in paper gold is available in the form of exchange-traded fund. Various…

July 2, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. Know me before selling me; that’s what Americans expect from sales reps.  In a recession, it’s critical to align with customer preferences to avoid losing sales to rivals. Competition is stiff, as people have less disposable incomes. A 2018 study by the Federal Reserve found that 40 percent of Americans can’t come up with $400 to pay for an emergency. And that’s before 40 million people were out of work virtually overnight. Here are tips to increase sales, even when the economy is in flux. A…

Mutual funds’ asset base dropped eight per cent to nearly Rs 25 trillion in the quarter ended June 30, mainly due to outflow pressure in equity and debt categories. Average asset under management (AAUM) of the industry, comprising 45 players, stood at Rs 24.82 trillion in April-June quarter 2020 as compared to Rs 27 trillion in the preceding quarter, according to a data by Association of Mutual Funds in India (Amfi). The asset base of the industry was Rs 25.5 trillion in the same period a year ago. The…

Emerging market central banks continued to cut interest rates in June as policymakers battling the fallout from the coronavirus pandemic tried to shore up their economies. Interest rate moves by central banks across a group of 37 developing economies showed a net 16 cuts in June, matching the number of reductions delivered in May. June marked the 17th straight month of net cuts – the longest easing cycle for emerging market central banks since 2013. !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','550264998751686');fbq('track','PageView');…

July 2, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. The importance of video in today’s marketing world is no secret. According to research from HubSpot, 88 percent of marketers state that video generates a positive return on investment for their brand — a huge increase from the 33 percent who felt this way in 2015. Online viewing trends are a big part of this shift in marketers’ attitudes. A report from MediaPost estimates that the average internet user will watch 100 minutes of online video per day by 2021, resulting in growing online video budgets…