A quick recovery will also help some malls support their staff, many of whom had been temporarily taken off payrolls due to stretched finances. Viviana Mall, for instance, had to cut about 50% of its employee strength during
Online platform Furlenco, which rents out furniture, smart television sets and white goods to consumers, said it has seen an increase in its user base, which has translated into a 20-30% rise in monthly sales.
The company, which offers a range of regular and specialised at home services is also considering broadening its global footprint and some of the locations it is looking at are Indonesia, Malaysia, Hong Kong and Taiwan.
Most content companies FE spoke to said they may not be able to meet their quarterly targets and that some scheduled launches would be delayed. However, content planned to be released before June will stay on schedule since p
“Given that cinemas in major markets are unlikely to open in the near term, producers may also rope in players like Tata Sky as a satellite partner for broader coverage. Internal discussions within the industry suggest that
Noida-headquartered Vehant Technologies has developed a thermal screening camera that can detect the temperature of people in real time. The product also has a visual camera facility that can capture if a person is wearing a
A recent analysis by EY showed the radio sector would take the longest time to recover from the impact of the pandemic; even by 2023, estimated revenues of Rs 2,750 crore would be smaller than the Rs 3,110 crore earned in 201
Besides large venture capital funds like Prosus Ventures, Tiger Global and SoftBank that have made big bets on a bunch of local start-ups, many institutional investors and pension funds are investing in online businesses.
As local authorities in many parts of the country are imposing fresh restrictions to tackle a renewed surge in coronavirus infections, upsetting business recovery, retailers are back to the negotiating table with mall-owners
In an interview with FE in September last year, founder & CEO Byju Raveendran said the company added more than 25 million free users on the platform between April and August compared to just above 40 million in the first four
Netflix that competes with global players Amazon Prime Video, Disney+Hotstar and a clutch of home-grown services like Zee5 and AltBalaji in India has been devising ways to get more subscribers on to the platform; whether it i
“We do not have concrete information yet about the kind of outlet they will introduce here, whether it will only be a beauty store like the ones they have at the airport or if it will be a full lingerie store. If they only