Top firms such as Mercedes-Benz, BMW and Audi are betting on the revenge buying syndrome seen after the unlocking last year to boost top lines this time as well
However, the businesses also believe that more is required to revive the pandemic-hit sectors
Companies remain cautious about improvement in sales in FY22
The luxury car maker offers a new marketing template that reorients its relationship with dealers, customers
The invoicing to be done in the name of the company instead of dealers
The JV has got a grant from UK govt, which awarded BSA a £4.6-million grant to develop electric bikes
Production stalled amid lockdown in Mumbai; at least 50-60 shows including daily serials and weekend shows being shot in Gujarat and Hyderabad
Kapoor and WCK have partnered with Indian Hotels Company (IHCL) for its MealsToSmiles initiative
Travel firms remain cautiously optimistic, hope for recovery in second quarter
Revenues beat estimates, company chalks out a Rs 17K crore plan to aid growth
The top association in the sector outlines a five-point relief package
The used two-wheeler firm is in talks for fundraising, plans to double showrooms
The company took a hit of Rs 15,000 crore to re-cast JLR business
"Apparently, Warburg was not happy with the way the JV had progressed in the last two-three years," said sources
Poor fleet utilisation, lack of return loads weighs on capacity of transporters to repay truck loans, puts question mark on business viability
Others including Tata Motors and Ford India are also doing their bit to support channel partners
Recovery is from the trough hit Q1 of FY21, is expected to sustain over next 12-18 months, while the firm's credit metrics strengthen as well
It will offer monetary support, education and insurance to kin of deceased employees
Main pain point is rule on RT-PCR test for cargo carriers from outside the state
Focus of home delivery menus is on foods that provide nutrition and improve mood without pinching customers' pockets