Budget 2022: ₹50,000 crore earmarked for hospitality in ECLGS extension
Industry stakeholders have welcomed the move, which is touted to provide immediate relief to the struggling sector
Industry stakeholders have welcomed the move, which is touted to provide immediate relief to the struggling sector
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.
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.
With the world going digital, there is a boom in demand for trained IT professionals and gig workers.
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.
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.
Pandemic accelerates e-tail transition as overall retail market shrinks 5%.
Amid state-wide lockdowns imposed to tackle the surge in Coronavirus cases, and supply-chain disruptions, concerns of rising inflation remain.
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.
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.