Do you know lots of companies revenue is now NIL due to Lockdown?
A company like PVR, which garners revenue in the range of Rs 300 crore per month, is staring at a situation where revenue is nil because all theatres are shut. So the question is how to sustain the fixed cost.
The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should recover in 2021, the International Monetary Fund said on Monday.