All stories by Pavan Lall
Future looks bleak for Rana Kapoor-funded firmsRediff.com14 May 2020
The collection of mostly small and medium sized businesses is a hotchpotch of ventures and include design schools, schools, villas for hire in Goa and a country club in Gurgaon.
Fine dining gets a taste of lockdown bluesRediff.com14 May 2020
Now they are reinventing their strategies to stay afloat, as they see no sign of recovery for at least six months.
Serum Institute to produce COVID-19 vaccine by yearendRediff.com7 May 2020
'The challenge will be making sure its efficacy is high.' 'If a vaccine is only 50 to 60 per cent efficient, it's a double-edged sword.'
Lockdown? You can still buy that dream Mercedes!Rediff.com27 Apr 2020
The German luxury automaker has already seen its online traffic increase 10-fold this year. Though that has not always translated into sales, Mercedes-Benz says it is continuing to build on what it calls its "touch-free" experience to stay plugged into its consumer base. Under the used car business, more than 150 cars were sold online in January and February.
Bollywood's Eros merges with Hollywood's STX EntertainmentRediff.com19 Apr 2020
The 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 manufacturersRediff.com9 Apr 2020
Shutting 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 kitsRediff.com8 Apr 2020
The 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-19Rediff.com6 Apr 2020
The 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 firmsRediff.com30 Mar 2020
Investors 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 2020
Any 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 2020
Culinary 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-wheelersRediff.com17 Mar 2020
The 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 auctionRediff.com5 Mar 2020
The 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 shareRediff.com24 Feb 2020
According 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 reportRediff.com8 Jan 2020
The 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 carRediff.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 higherRediff.com13 Dec 2019
Only 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 2019
Don'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: ReportRediff.com29 Nov 2019
But 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 worldRediff.com16 Nov 2019
The 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 slowdownRediff.com20 Aug 2019
From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation.
CCD's Siddhartha was a 'nice guy' CEORediff.com31 Jul 2019
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
Titan has major plans to boost its premium range of watchesRediff.com30 Jun 2019
Titan expects sales of premium-priced watch sales to grow by leaps and bounds in the future on the back of a growing disposable income among working professionals and income categories, says Pavan Lall.
Carmakers pin hopes on Bharat to boost salesRediff.com20 Jun 2019
While customers in metro cities are still buying cars, quick growth is likely only from upcountry markets, where highways and roads are being built, and discretionary income and aspirations are rising.
Gautam Singhania likes Trump's feud with ChinaRediff.com20 Jun 2019
'Trump's sparring with China is good for business,' Raymond's CMD tells Pavan Lall.
Ferrari to Porsche target small-town millionairesRediff.com18 Jun 2019
'Hathras, Muradabad, Trichur, Salem, Madurai, Aligarh and Kanpur are cities where we are expecting and in some cases have seen new buyers come from.'
Is Zia Mody planning to retire?Rediff.com6 Jun 2019
'I'm an unbalanced human,' the founding partner of AZB, India's top law firm, tells Pavan Lall.
The XUV300 may well be Mahindra's bravest endeavour yetRediff.com6 Jun 2019
How the XUV300's suspension, plastics and interiors hold out in Indian conditions after a couple of years will be the litmus test for its success in the long term, but for now, this SUV delivers, says Pavan Lall.
Cat on the prowl: Jaguar enters SUV space with F-PaceRediff.com7 May 2019
The Jaguar has 11 different types of F-Paces in different engine and style combinations that start from a Rs 40-lakh petrol variant and go up to a V-8 engined convertible that can cost Rs 2.8 crore.
From top jeweller to liquidation, how Gitanjali Gems lost its sheenRediff.com2 May 2019
Once a stock market darling, the jewellery chain heads for liquidation.
How Nykaa plans to spread its wingsRediff.com29 Apr 2019
It currently has invested in 35 locations, some of which border on a luxury level format and are large at 2,500 square feet.
Meet Nirav Modi's core teamRediff.com22 Apr 2019
The common denominator: They were predominantly Gujarati, mostly male, and either related by blood or very well-known to Nirav.
Another family feud comes to the fore, this time at FinolexRediff.com22 Apr 2019
At the immediate heart of the dispute is an inheritance that involves Rs 1,500 crore of shares that were bequeathed on a gift deed on a Rs 500 non-judicial stamp paper.
Tie-ups among auto firms don't work in IndiaRediff.com11 Apr 2019
After GM's India exit, Ford-Mahindra 'strategic alliance' under spotlight.
The Jaguar XJ50 is more like a Gulfstream jet than limousineRediff.com11 Apr 2019
This car commemorates the first Jaguar XJ 1, which was launched in 1968 and was widely acknowledged at the time to be one of the best automobiles ever made
The Honda Civic is back, bigger and better than beforeRediff.com27 Mar 2019
The radical styling that consists of 17-inch diamond-cut wheel rims and a chrome grill that comes with a sleek coupe-inspired profile -- the kind you'd expect to see in an Acura or a Lexus sports car -- make the Civic one of the best-looking cars on the road today irrespective of price.
Would you bid for Nirav Modi's art?Rediff.com19 Mar 2019
Sixty-eight paintings that once belonged to fugitive diamond merchant Nirav Modi will go under the hammer next week.