A woman holds onto the steering wheel while driving her BMW automobile. (Photographer: Maya Anwar/Bloomberg)
Even as the Covid-19 crisis is expected to hurt earnings for at least another year, market veteran Kenneth Andrade sees one factor driving India Inc.’s profitability this decade: lower costs.Till 2022, there will be a reversal of profitability and volumes to a very large extent, according to Andrade, founder and chief investment officer at Old Bridge Capital Management, which manages Rs 916.3 crore in assets as of July. But in the re...