The Company has been planning to enter this segment for last 2 years. Reason – asset light model of growing business. The Company claims that the same got delayed due to the Covid pandemic. However, now it may enter into this soon as Company is bullish on revenge travel and expect the demand to pick … Read more
Cinema, retail and shopping industries have just begun their recovery process and won’t be able to bear another shutdown, according to industry associations who have urged Chief Minister Uddhav Thackeray to not impose a lockdown in Maharashtra where COVID-19 cases continue to rise. The Multiplex Association of India (MAI), Retail Association of India (RAI), and … Read more
To foray into the hospitality segment as well as expand its existing IT space offerings and add new exhibition centres. The company, which is into real estate, exhibition centre, food and beverages (F&B) and engineering businesses, is also planning to set up a convention hall at its Nesco Centre in Goregaon in suburban Mumbai. “We … Read more
A steep decline in cigarettes and hotels revenues due to the nationwide lockdown, imposed to contain the Covid-19 pandemic, dragged diversified conglomerate, ITC’s profit before tax (PBT) 33.81 per cent to Rs 3,435.88 crore in the June quarter. Revenues from operations fell 17.21 per cent to Rs 10,478.46 crore. Profit after tax was down by … Read more
Shopping in your favourite mall may feel different in the post-covid world. On reaching, you could be asked to scan a QR code on an app, verified through a one-time password, allowing the mall to track your movements. An online tracking system could also inform you to leave a particular store depending on the number … Read more
