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Hospitality Industry Faces the Brunt Of Coronavirus Outbreak
February bookings dropped by as much as 60 per cent in states where patients tested positive for the virus. On a year-over-year basis, Maharashtra, which currently has the most cases among all states in India saw a dip of 42 per cent; in Kerala, they fell by 54 per cent.
Coronavirus: Start-Ups Step Up To Help During Lockdown
While the 3-week-long lockdown has brought about disruptions across sectors, start-ups have stepped up with different initiatives to help support the government and the people during the pandemic.
Coronavirus: 91springboard Comes Up With Platform To Support Start-Up Ecosystem
It is meant to act as a consolidator for all efforts being taken by investors, government authorities and other stakeholders to tackle the pandemic.
Coronavirus: Consumer Food Product Companies Facing Production Disruption
The likes of Nestle India, Dabur, HUL and ITC have all cut down on production, except for essentials.
Coronavirus: Moody's Cuts India Growth Forecast, Sees Unprecedented Shock To Global Economy
The ratings agency has cut the growth rate for India by more than half to 2.5 per cent for 2020.
Coronavirus: Following Other E-Commerce Firms, Paytm Mall Halts Orders of Non-Essentials
Paytm Mall said it was working closely with government officials and logistics partners to ensure ease of deliveries and quick service.