All stories by Pavan Lall
Bollywood's Eros merges with Hollywood's STX Entertainment
Rediff.com19 Apr 2020The newly-formed entity which will list on the NYSE as Eros STX Entertainment Corp, will remain listed on the New York Stock Exchange, with headquarters in both Mumbai, India, and Burbank, California, and has also got $125 million in fresh funding. The merger will not change the structure of Eros's Indian arm which is also listed on Indian stock exchanges.
Lockdown has also hit liquor manufacturers
Rediff.com9 Apr 2020Shutting of stores had not stopped alcohol sales. On the contrary, it had increased black market operations and peddling of illicit hooch, which could cause death/serious injury.
Tata Trusts, private firm join hands to roll out coronavirus testing kits
Rediff.com8 Apr 2020The test - called the Truenat Beta CoV test - effectively enables same-day testing, reporting, and patient isolation initiation.
Hotel chains do their bit to fight COVID-19
Rediff.com6 Apr 2020The strident support from the hotels comes at a time when the industry is itself caught off guard with a sharp dip in both in-bound traffic from foreign markets, reduced domestic traction as well as a total shut-down of MICE business that has led the country top players by market cap to lose over half their value in just a little over a month.
How COVID-19 has impacted private equity firms
Rediff.com30 Mar 2020Investors say they see large companies going through the grind, as their promoters struggle with liquidity because they are levered up at the holding company level and are starting to get margin calls thanks to the crashes in the stock market, and in the next six months, the targets that will come up for PE companies will make for a harvest season like never before.
'2020 is a washout for movie business'
Rediff.com27 Mar 2020'There will be two to three months of containment, and when there is normalcy, the risk is a relapse and a return to lockdowns.'
Coronivirus: How some Indian firms are cashing in on 'fear economy'
Rediff.com19 Mar 2020Any concerned citizen ought to start practicing hygiene by washing their hands properly and be aware of the brands that are certified.
Foodstar, India's own version of Michelin Star rankings!
Rediff.com19 Mar 2020Culinary Culture, which is spearheading the venture, will bring globally-ranked chefs to India as well as take local chefs abroad so they can work at world-ranked eateries.
Bumpy ride ahead for electric two-wheelers
Rediff.com17 Mar 2020The impact for all electric two-wheelers, which are imported mostly from China, is that it will lead to price escalation that will be passed onto customers.
Nirav Modi assets garner Rs 2.29 crore in auction
Rediff.com5 Mar 2020The items which included a Porsche Panamera and a gold Cartier wristwatch were expected to fetch Rs 50 lakh.
Electric cars have a mountain to climb before winning market share
Rediff.com24 Feb 2020According to research by IHS Markit, for an ecosystem still grappling with infrastructure issues -- the high cost of EVs and a greater OEM (original equipment manufacturer) focus on electrifying two-wheelers and commercial vehicles first -- the share of such vehicles is expected to be 4 per cent by 2030, reports Pavan Lall.
Anand Mahindra: 'I'm not vanishing!'
Rediff.com14 Feb 2020'Family businesses have to put competent people in charge who believe they can get to the top.'
'If you don't remove the glass ceiling, you won't get the best talent.'
Economy likely to grow at 6% in 2020, says Blackstone report
Rediff.com8 Jan 2020The report says, the emerging markets continue to have uneven performance but India recovers from decelerating growth. Narendra Modi government, it added, continues business-friendly growth reforms, the economy grows at 6 per cent and the market rises 20 per cent.
Renault Triber is everyman's budget car
Rediff.com18 Dec 2019'The Triber, which sits between the Kwid and the Duster in the Renault portfolio, is an affordable option for those who have their sights set on a multipurpose vehicle and want to get something different from, say, a Maruti Suzuki Ertiga,' says Pavan Lall.
Funds swindled by Nirav Modi could be much higher
Rediff.com13 Dec 2019Only 40 per cent of the forensic information required was made available by PNB and as such, there is no way that one can put a cap on the total value of LoUs issued. He is the second Indian to be declared a fugitive economic offender, after liquor baron Vijay Mallya.
'Always have a Plan B, Plan C and a Plan D'
Rediff.com2 Dec 2019Don't bet everything you have, Lemon Tree's Patu Keswani tells Pavan Lall.
At least half billion new users to log in internet by 2022: Report
Rediff.com29 Nov 2019But the kind of usage and the demographic driving that change will be entirely different from the first online users.
What is Ronnie Screwvala up to these days?
Rediff.com20 Nov 2019"If telecom changed the game for how business was done in India, then we need 20 more of those systemic game-changers to take us to the next level," Ronnie Screwvala tells Pavan Lall.
Sotheby's India auction sees tepid response as slowdown hits art world
Rediff.com16 Nov 2019The sale lot of 61 pieces of art, which was spread across a variety of categories such as modern and contemporary South Asian art, prints, and photographs, realised an estimated sale price of Rs 23.8 crore. Pre-auction estimates had expected the sale to range between Rs 37 crore and Rs 52 crore. Around 11 pieces of art remained unsold on Day One, reports Pavan Lall.
Superluxury manufacturers feel the pinch of slowdown
Rediff.com20 Aug 2019From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation.