How getaway firms Mahindra Holidays, Sterling Holiday cope with Covid 3.0
The holiday resort companies believe that they have an edge over the rest of the hotel industry as their properties are spread out over a large area.
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The Conversation—Anish Shah
Anish Shah took charge of Mahindra & Mahindra (M&M) at a time the economy was under a lockdown. He says M&M will not hesitate to pull away from businesses that don’t make financial sense.
Fortune 500 India: Better days ahead for job seekers
With the world going digital, there is a boom in demand for trained IT professionals and gig workers.
Double-edged sword in ₹5 price point; how Prataap Snacks learnt the hard way
The company is trying to reduce its dependence on the ₹5 price-point from 85% to 60% in the next three years. It also saved 5%-6% by rationalising its distribution network and process optimisation.
Multiplex revival not before March ‘22: PVR
Once we're able to revive and re-establish the business, we can look at diversification, Sanjeev Kumar Bijli, joint managing director, PVR, told Fortune India.
E-tail surges 25% in FY21: Bain & Co.
Pandemic accelerates e-tail transition as overall retail market shrinks 5%.
Covid-19 disruptions may push up retail inflation
Amid state-wide lockdowns imposed to tackle the surge in Coronavirus cases, and supply-chain disruptions, concerns of rising inflation remain.
Covid-19’s second wave stings equity markets
In a matter of 41 trading days, since the last life-high on February 16, the second wave of the Covid-19 pandemic has caused between 8% -9.8% correction in the benchmark equity indices until April 19.
Urban Company’s at-home service for Covid-19 times
Home and salon services provider Urban Company’s revenues dropped to nearly zero during the lockdown. But, now, business is booming and it has its eyes firmly set on an IPO in the next few years.
Cautiously optimistic credit outlook for FY22: CRISIL
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
