Avishek Rakshit, T E Narasimhan, Jayajit Dash, Vimukt Dave

Stories by Avishek Rakshit, T E Narasimhan, Jayajit Dash, Vimukt Dave

Tourism industry staring at huge losses in 2020

Tourism industry staring at huge losses in 2020

Rediff.com   29 Apr 2020

The most visible and immediate impact of COVID-19 is seen in the hotel and tourism sector in all its geographical segments - inbound, outbound and domestic.

Imported raw material scarcity hits FMCG firms

Imported raw material scarcity hits FMCG firms

Rediff.com   25 Apr 2020

Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging.

Coronavirus spoils the show for media and entertainment business

Coronavirus spoils the show for media and entertainment business

Rediff.com   23 Apr 2020

Finding enough shows to air, creating content that gets people to pay and watch and wooing advertisers back into the fold are going to be the biggest challenges the M&E industry faces.

Tea planters' cup of woes is spilling over

Tea planters' cup of woes is spilling over

Rediff.com   22 Apr 2020

The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.

Travel, hospitality industries stare at Rs 5-trn revenue loss

Travel, hospitality industries stare at Rs 5-trn revenue loss

Rediff.com   20 Apr 2020

Besides urging the Centre for extension of loan moratorium, the hotel and travel industries have also demanded deferment of GST and advance tax payments and waiver of fees for all forthcoming licences and permits.

Hyundai plans to go ahead with new launches despite COVID-19

Hyundai plans to go ahead with new launches despite COVID-19

Rediff.com   19 Apr 2020

Company says work-from-home has been useful; doesn't foresee any delay in launches as it awaits govt clarity on resuming operations.

TVS buys UK's iconic Norton in an all-cash deal

TVS buys UK's iconic Norton in an all-cash deal

Rediff.com   18 Apr 2020

Founded by James Lansdowne Norton in Birmingham (in 1898), Norton Motorcycles is among the most popular British motorcycle brands of all time.

How Odisha is winning the coronavirus fight

How Odisha is winning the coronavirus fight

Rediff.com   14 Apr 2020

From announcing a lockdown and extending its tenure, setting up the country's first two exclusive Covid-19 hospitals, creating a hotspot zone, providing doorstep medical service and making masks compulsory, the state is doing all it can to dwarf the virus.

How Tamil Nadu is fighting Covid-19

How Tamil Nadu is fighting Covid-19

Rediff.com   13 Apr 2020

The state is following surveillance, containment, increasing testing facilities, and ensuring essentials at people's doorstep, among other strategies, reports T E Narasimhan.

Delhi govt asks trade unions to help find labour

Delhi govt asks trade unions to help find labour

Rediff.com   11 Apr 2020

The Centre and state governments are struggling to restart at least some industrial activity as it becomes apparent that the 21-day nationwide lockdown imposed to check the spread of coronavirus disease (Covid-19) could be extended beyond April 14, and stocks of essential commodities need replenishing across the country. State governments, particularly those like Delhi that witnessed an exodus of migrant workers after the lockdown was announced, say there are not enough labourers in the city to work in factories and warehouses.

Textile industry may lose 25% of its jobs

Textile industry may lose 25% of its jobs

Rediff.com   10 Apr 2020

While the COVID-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown. Exporters say some customers are not taking delivery of the shipments because they have shut shop. Ready-made garment players had been hoping for a revival in demand in China but with the virus spreading to Europe, the US and other major markets, there are no orders coming from the major retailers.

Corona effect: Job offers for IIMs, IITians cancelled

Corona effect: Job offers for IIMs, IITians cancelled

Rediff.com   7 Apr 2020

What will happen to the job placement and summer internship plans of India's management and IIT students? Many campuses are stepping in to help students hang on to their placements, in spite of the lockdown.

Domino's boys to deliver ITC atta, spices apart from hot pizzas

Domino's boys to deliver ITC atta, spices apart from hot pizzas

Rediff.com   3 Apr 2020

A combo pack of ITC-owned Aashirvaad atta and spices including chili, coriander and turmeric powders will be available on Domino's app. The service will be available in Bengaluru first and will then be expanded to Noida, Mumbai, Kolkata, Chennai and Hyderabad.

Rs 2000 cr of losses brewing for tea cos this year

Rs 2000 cr of losses brewing for tea cos this year

Rediff.com   29 Mar 2020

Rough estimates from plantation companies have pegged production loss in excess of 100 million kg (mkg) across India which is valued at around Rs 2000 crore. Usually, plantation companies in Assam and West Bengal produce around 15 per cent of the total tea during March-April.

Manufacturing sector hits a virtual standstill

Manufacturing sector hits a virtual standstill

Rediff.com   26 Mar 2020

Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.

Noida, Chennai's electronics hubs in total lockdown

Noida, Chennai's electronics hubs in total lockdown

Rediff.com   24 Mar 2020

The usually busy Greater Noida expressway is empty except small groups of commuters that gather at its sidelines, seeking lift from every passing vehicle.

Coronavirus suddenly thrusts Medimix into limelight

Coronavirus suddenly thrusts Medimix into limelight

Rediff.com   24 Mar 2020

Born and sold as a cure for skin ailments, the brand that turned 50 last year has never seen such a massive crush at its shelves.

New Creta gets 14K bookings in 2 weeks

New Creta gets 14K bookings in 2 weeks

Rediff.com   17 Mar 2020

Offering buyers a car that meets their aspirations & lifestyle needs, the Creta became a style icon. The Creta, which was officially launched on Monday, is a global model, created with an investment of more than Rs 1,000 crore.

How companies deal with coronavirus panic

How companies deal with coronavirus panic

Rediff.com   17 Mar 2020

Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.

At Tirupati, deity's call proves stronger than covid-19 fears

At Tirupati, deity's call proves stronger than covid-19 fears

Rediff.com   15 Mar 2020

According to the Tirumala Tirupati Devasthanams (TTD), on March 12, 61,652 pilgrims had darshan, after waiting for nearly five hours, compared to 57,352 on March 11, after they waited for nearly eight hours. On February 12, about 61,860 pilgrims had darshan.