The coronavirus pandemic has driven professional sports into crisis management mode. As fans have been forced by the lockdown to question their relationship with sports, so too have some sporting leaders started reevaluating their business models to manage costs and keep those fans engaged. In some cases, change was already on the horizon: Tennis authorities, for example, had been exploring the idea of merging the men’s and women’s tours; the pandemic is now speeding up those plans in an effort by the tours to streamline costs. Professional golf also wants to reduce expenses for hosting tournaments. But soccer clubs were…

Capital markets regulator Sebi on Monday ordered to impounding of over Rs 3.83 crore from Dynamatic Technologies Managing Director and CEO Udayant Malhoutra in an insider trading case. “A sum of Rs 3,83,16,230.73, being the notional loss avoided on account of trades carried out during the UPSI period, shall be impounded from Udayant Malhoutra with immediate effect,” Sebi said in an order. The watchdog had conducted an investigation into possible insider trading in the shares of Dynamatic Technologies Ltd (DTL) during the period from August-November 2016. During the probe,…

Here’s how to work out what a dream customer looks like for you.Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. June 14, 2020 1 min readOpinions expressed by Entrepreneur contributors are their own. On this episode of The Playbook, Russell Brunson, the co-founder and co-CEO of Clickfunnels, shares his insight on:Why marketers must learn to emotionally attach to their audience through a “hook, story and offer” [10:40]. His favorite three-part script to use when designing an offer for your audience …

The Union government on Thursday allowed health and motor third party policyholders to defer their renewal, if it falls between March 25 and May 3— the lockdown period. Now, the policyholders can pay for the renewal of their policies till May 15. Earlier, the government had deferred the renewal payment till April 21 but since the lockdown was extended, more time has been given to pay for the renewal and even the period under consideration has been increased. The payments can be made till May 15 and the relaxation is only…

Indian Gas Exchange (IGX), the country’s first natural gas exchange, will start operations on Monday at a time when a gas hub conceptualised during the first tenure of the NDA government is yet to become a reality. IGX, set up by the Indian Energy Exchange (IEX), will offer option of both just buying the product as well as purchase along with delivery. “For normal transactions, IGX will be charging a nominal fee of Rs 5 per unit, while for delivered transactions it will be charging Rs 7,” said a person close to the development. The delivered…

Even in a pandemic, if you identify and meet the needs of your customers, you will thrive. June 13, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. As an unprecedented pandemic rips through countries around the globe, businesses brace for a devastating economic impact. The global health crisis has spurred job loss and derailed consumer spending. Many experts are predicting a coronavirus-led recession although forecasts tend to pivot quickly these days. While the idea of a recession and market uncertainty is concerning, there is also opportunity.  A look back Although the fear of a global recession…

In early 2020, Wafels & Dinges, the popular Belgian waffle truck fleet, was in major expansion mode. It was planning to add brick-and-mortar restaurants in some markets, including in the Mall of America in Bloomington, Minn., and American Dream in the Meadowlands of New Jersey, where it would peddle espressos and cranberry-rosemary waffles. But when the COVID-19 national emergency was declared on March 13, owners Thomas de Geest and Rossanna Figuera realized they had exactly enough cash on hand to give their workers two weeks’ severance pay. Tearfully, they said goodbye and emptied their bank account. Once they made the…

While yields on short-term Indian government bonds are falling like there is no tomorrow, those on longer-term bonds remain sticky. This has led to a steep yield curve – the sort that the country has not witnessed at least in the past two decades. A steep yield curve has implications for investors. The country has witnessed steep yield curves twice in the past, and each such occasion was followed by a stunning bull run in equities. To quote a popular saying, history does not repeat itself but it does tend to rhyme. The first instance: Between…