Business Standard

Friday, December 27, 2024 | 07:32 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

The corona deals

The pandemic will hurry the closure of brands and businesses that would have gone into gradual decline. Wait then for more deals to be announced in media and entertainment

Image
Premium

Vanita Kohli-Khandekar
Bear with me as I draw a rather morbid analogy. The coronavirus has a greater impact on ol­der people with pre-existing co­nditions, say a heart or kidney problem. It does away with the gradual decline that a disease brings, hastening the inevitable, especially for older pe­ople with illnesses, say medical experts.

The economic impact of the pandemic unleashed by the virus is similar. Businesses that would have gone into gradual decline, transitioned into other businesses, done strategic tie-ups or mergers or simply sold out gracefully are now being shaked and rattled into life-and-death decisions and deals.

Newspapers have shut editions,
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in