India: Mumbai COVID lockdown spells trouble for businesses
India is among the countries hardest hit by in the second wave of the COVID-19 pandemic not only in terms of human life, but also economically.
Small businesss in Mumbai are facing bankruptcy during the lockdown
Rakesh Kumar Nayal runs a grocery store in the suburbs of Mumbai, a shop the 55-year-old has been running for the last 18 years. The business is down by 25%, he said. Only those people who have our cellphone numbers place orders with us, others are using online services like Grofers and D-mart. I have five employees and four hours of operations do not justify their salary or our expenses. Sometimes the police also harasses us to shut the shop. We bring our shutters down and do our business in this congested and airless shop. It is very difficult.
India: Mumbai lockdown spells trouble for businesses
India is among the countries hardest hit by in the second year of the COVID-19 pandemic, not only in terms of human life, but also economically.
Small businesss in Mumbai are facing bankruptcy during the lockdown
Rakesh Kumar Nayal runs a grocery store in the suburbs of Mumbai, a shop the 55-year-old has been running for the last 18 years. The business is down by 25%, he said. Only those people who have our cellphone numbers place orders with us, others are using online services like Grofers and D-mart. I have five employees and four hours of operations do not justify their salary or our expenses. Sometimes the police also harasses us to shut the shop. We bring our shutters down and do our business in this congested and airless shop. It is very difficult.
Bollywood Hungama Fenil Seta Updated: Apr 23, 2021 - 12:13 PM IST ); });
The industry, trade and moviegoers were left surprised with the sudden announcement that
Radhe - Your Most Wanted Bhai, the much awaited film of Salman Khan, would release in cinemas on Eid. However, it’ll also simultaneously arrive on Zee’s pay-per-view platform, ZeePlex. It’s the first time something of this sort is being attempted. Ideally, a massy movie like
Radhe - Your Most Wanted Bhai is best enjoyed in cinemas but due to the never-ending second wave of Coronavirus, it seems that the makers had to make this decision.
Fresh lockdowns & Entertainment industry: Staring at the spectre of loss again adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
PVR, Inox down as Maharashtra shuts cinema halls on Covid spurt
April 05, 2021
Government to implement harsh restrictions amid second wave of the pandemic
The stocks of multiplex operators such as Inox Leisure and PVR were down by 7 per cent and 6 per cent respectively after the Maharashtra Government announced that cinema theatres will remain shut in the State at least till April 30 amid the second wave of the Covid-19 pandemic.
At 11 am, PVR Ltd was trading at ₹1,151.20 on the BSE, down ₹85.60 or 6.92 per cent. It hit an intraday high of ₹1,195.50 and an intraday low of ₹1,144.60. It had opened at ₹1,179 as against the previous close of ₹1,236.80.