When Erez Israeli took the helm at the pharma major, he adopted a strategy to expand into more geographies, reduce focus on specialty drugs, and double down on generics. Cutting risk and costs were also high on the to-do list. A year down the line, the efforts are beginning to show results.
When Erez Israeli took the helm at the pharma major, he adopted a strategy to expand into more geographies, reduce focus on specialty drugs, and double down on generics. Cutting risk and costs were also high on the to-do list. A year down the line, the efforts are beginning to show results.
JioMart and its competitors are likely to capture 3%-5% of the total FMCG and grocery market in a few years. That, in itself, will be a massive disruption. But JioMart will have to allay the concerns of thousands of general-trade distributors and not excessively encroach upon their livelihoods.
To maintain social-distancing norms, the government has mandated bars and restaurants to operate only at 50% of their capacity. This, in the short term, is more expensive than keeping the outlet shut. Many may shutter down, and only a few with healthy balance sheets will be able to survive the pandemic, provided they re-engineer their teams, costs, and menu.
Indonesia recently announced a plan for direct monetisation of sovereign bonds to be purchased by its central bank. While the RBI doesn’t directly monetise the government’s deficit, India could take a cue from Indonesia and take this route to finance the widening shortfall.
As Cleartrip and Yatra struggle for survival, MakeMyTrip has got a chance to reinforce its dominance. But a swell of nationalism may put it on the defensive, as China’s Ctrip owns nearly 50% stake in the company. A probe by the competition regulator is another niggle.
Zuckerberg and his team are under intense scrutiny in India for alleged hate speech on the social-media platform. Even the international media has been unsparing in its criticism of the social-media giant’s policies in India. The company’s India managing director Ajit Mohan may have to ring in major policy changes.
Despite being in the business for long, growth was muted for virtual event-management firms until recently. The pandemic and its ripple effect have come as a surprise boost for these virtual-collaboration platforms. But the question is: Will their customers switch back to walk-in events once normalcy returns?
On the cusp of launching its first scooter and kickstarting big hiring, the billion-dollar-valued EV startup has many early-mover challenges. These include navigating fast-changing tech, policy, industry landscape, and never-ending people issues.
Covid-19 may fundamentally alter the business model of India’s USD4 billion BPO industry. Some call-centre companies are testing a “bring-your-own-device” model, similar to the Uber approach, and are looking to hire people in smaller cities to cut costs and have access to a wider talent base. Indeed, the BPO industry may not be the same again.
