COVID-19

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Indian Hotel Industry – A Post-Pandemic Snapshot

Saying that Covid-19 has had an unprecedented impact on the hotels sector in India is putting it mildly. We anticipate the overall Indian hospitality sector (including organised, unorganised and semi-organised operators) to incur an estimated total revenue loss of approximately Rs 90,000 crore in 2020. By Mandeep Lamba The occupancy and average daily rate (ADR)

  • November 30, 2020
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Greenlam Laminates, Compacts now are Proven Effective against SARS-CoV-2: MD & CEO Saurabh Mittal

Laminate major Greenlam Industries Ltd has announced that its laminates and compacts will now offer surfaces resistant to SARS-CoV-2. According to the company, its products are proven effective against SARS-CoV-2, the virus that causes Covid-19, with 99% efficacy within 30 minutes of exposure to the laminate surface and completely eliminates in 45 minutes and beyond, as per

  • November 20, 2020
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‘RBI Policy to Support Growth’

Financial sector players have said that Reserve Bank of India’s (RBI) decision for keeping the key repo rate unchanged is an accommodative approach to manage inflation while keeping growth as target, amid the current economic conditions, PTI reports. “It also decided to continue with the accommodative stance of monetary policy as long as necessary at least

  • October 29, 2020
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How Watertec is Growing Despite the Crisis

Bantwal Ramesh Baliga, Watertec India’s CEO, says that Bharat is ticking even though India has slowed during the pandemic. According to him, the demand for building products remains robust in tier II and III and rural markets, which have not been hit by the intensity of the coronavirus. Baliga shares his vision for the industry

  • October 26, 2020
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Economy Started Recovering from June: SBI Chairman Rajnish Kumar

India’s economy that saw a disruption triggered by the novel coronavirus, has begun recovering from June, PTI reported State Bank of India chairman Rajnish Kumar as saying. However, he said that at least three to four months would be needed to observe the recovery trend. “Covid-19 has caused gigantic disruption of the Indian economy along

  • August 3, 2020
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Sloan India Promotes Anup Kumar Tripathi to General Manager-India Ops Spot

Sustainable restroom solutions major Sloan India Pvt Ltd, subsidiary of American parent Sloan Valve Company, has announced the promotion of Anup Kumar Tripathi as general manager – India operations. In his new role, Tripathi will head India’s business operations and work to strengthen the Sloan brand while growing business across the country. He will report directly to

  • July 29, 2020
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India Kitchen Congress CEO Roundtable Discusses Strategies for the New Normal

The 8th edition of India Kitchen Congress (IKC) organised the CEO Roundtable on June 27. Held on a virtual platform, IKC brought together the brightest minds in the strategy spectrum to explore the turnaround of kitchen industry affected by social and economic disruptions triggered by Covid-19. Hetal Iyer, country head for the modular kitchen business

  • July 8, 2020
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Reforms will Revive Economy: Niti Aayog’s Rajiv Kumar

The country’s economy will witness a recovery after the containment of Covid-19 pandemic, as well as the ongoing reforms directed at keeping India’s growth rate ahead of peers, PTI has reported Niti Aayog vice-chairman Rajiv Kumar as saying. “India’s economy will recover following the containment of the Covid-19 pandemic. India’s strong democratic institutions promote policy

  • July 1, 2020
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