Top headlines: Uncertain future amid lockdowns; Vax production speeded

From Airlines, hotels staring at uncertain future amid new curbs in Maharashtra to Swiggy closing $800-mn fundraising round, here are top headlines this morning

Airlines, hotels stare at uncertain future amid new curbs in Maharashtra

Just when airlines and hotels—battered by year-long Covid restrictions--were preparing to get back to normal business, the weekend lockdown announcement in Maharashtra threw their plans out of gear. While aviation and hospitality firms could face a significant slump in bookings, the retail industry may head for an uncertain future as well. Tightening of travel restrictions and introduction of RT-PCR tests by more states had led to a near flat air traffic growth in February and demand will be dented further due to new curbs in Maharashtra. Read