Highlights - H1 FY20 saw revenue and margin pressure for most hotel companies - Low tourist arrivals dented demand - GST rate cut positive for companies - Occupancy and average room rate to improve in Q3 FY20 - Demand-supply dynamics remains favourable The performance of the hotel companies remained mixed in the first half of the year. Most major companies reported pressure on revenues and margins. Weakness in corporate demand coupled with lower tourist arrivals, the closing down of Jet Airways’ operations and higher expenses hit earnings growth. The first half is...
Moneycontrol Pro Panorama | Putting inflation back in the bottle
May 23, 2022 / 05:47 PM IST
In today’s edition of Moneycontrol Pro Panorama: PM on why Japan matters to India, Paytm’s valuation shock, steel stocks in the line of fire, the Eastern Window and more
Read NowMoneycontrol Pro Weekender | People’s Bank of China rides to the rescue
May 21, 2022 / 10:10 AM IST
The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth
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