May 17, 2021

5 min learn

Opinions expressed by Entrepreneur contributors are their very own.

I work for an organization that developed software program referred to as RepairDesk which helps machine-mending house owners handle their companies. I used to be in command of content material improvement for his or her web site, social media and different channels.

Though I used to be writing for restore store execs, I had by no means spoken to 1 for the primary 18 months on the job — and that needed to change.

The trade has grown at an exponential price over the previous few years: Present statistics present that upkeep corporations had been value $34.54 billion in 2019, and even with the following pandemic, nonetheless going sturdy. 

Many individuals have devoted their lives to this commerce and  I wanted to grasp what on the planet was occurring with them.

I used to

With round 65 per cent of the full truck fleet within the nation out of the highway owing to lockdown and lockdown-like situations in a lot of the states, the truck trade losses have mounted to round Rs 42,000 crore from the beginning of the fiscal until mid of this month, All India Motor Transport Congress (AIMTC) has mentioned.

The transport sector, which is the lifeline of the nation and important companies supplier to the individuals of the nation, bears the primary impression of the lockdowns and the curfews, it mentioned.


trade has sought reduction from the federal government by the use of EMI moratorium, tender loans provision with out collateral, tax waiver, extension of validity of insurance coverage, amongst others, AIMTC Core Committee chairman Bal Malkit Singh mentioned.

The AIMTC has additionally warned of the trade going fully out

Nifty futures on the Singapore Change traded 50 factors greater at 14,760 round 8.30 am, indicating a agency begin for benchmark indices on Monday.

Listed here are the highest shares to trace at the moment:

Earnings At this time: Bharti Airtel, Federal Financial institution, Colgate-Palmolive and Orient Cement are amongst 24 corporations which might be slated to put up their March quarter outcomes at the moment.

Bharti Airtel is anticipated to put up a robust working print and moderation in common income per person (ARPU) with interconnect utilization cost (IUC) going to zero. READ MORE

L&T: Engineering and development large Larsen & Toubro (L&T) reported a 11.3 per cent YoY rise in consolidated internet revenue at Rs 3,820.16 crore for March quarter 2020-21 on the again of upper income from operations.

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