With the pandemic dealing yet another blow,
Dear Balbir Singh Sooch,
  The liquidity-starved NBFC sector has been dealt a body blow by the pandemic. And one of the biggest casualties has been Bajaj Finance.
  Owing to its unsecured consumer-finance model and short-term maturity books, Bajaj Finance has taken a heavy beating during the current crisis, with the stock falling 40% since February. While this may seem an ideal ‘buy’, investors prefer to wait as the stock is volatile and valuations, even at current level, are high.
  The slide began in March 2020 when Bernstein, a foreign broking firm, downgraded the stock to underperform citing 'challenges' to its business model. Perhaps for the first time, investors are questioning the company’s prospects as there is a chance of a likely spike in NPAs.
Analysts believe Bajaj Finance valuations are too high
  Even before the lockdown, the plateauing of rides on the platform and the investor disenchantment in ride hailing had forced Ola to cut costs and conserve capital. With the pandemic dealing yet another blow, the company is doubling down on downsizing and diversification. The areas of focus for now: financial services and food.
How Ola is driving away its pandemic blues
 It costs upwards of INR50 lakh to get a licence to fly a commercial plane. Pilots salaries shot up during the last ten years but new hopefuls, armed with these licences, will find jobs that will pay less. Industry veterans feel this will wean out those who wanted to be in aviation only for its glamour and monies.
Learning to fly is expensive and will pay a lot less now
Regards,
ET Prime Team