Due to the current ongoing pandemic, all the sectors have been hit hard. In this PPT, its my take on the impact on three sectors which are Oil, Paint & Tourism Industries.
Impact of Covid-19 on Sectors of Indian Economy and Business Survival StrategiesDr. Amarjeet Singh
The entire world is in the clutch of Coronavirus. The dissemination of the virus is so colossal that it compelled the World Health Organisation (WHO) to declare it as pandemic. The outbreak of the virus has unprecedented implications on the global economy. Severe economic burden and grave consequences have to be borne by the Indian industries in this backdrop of declining economic situation due to coronavirus. Thus, this article is intended to study the repercussions of coronavirus on different sectors of Indian economy and to highlight the reasons for which India can be benefitted in the post pandemic period and mainly to specify the business survival strategies which is the key to overcome this tough situation.
World over the countries are facing issues after the advent of COVID 19. The countries are in a catch 22 situation..If you preserve the health the economy suffers and viceversa..The ppt explores the impact of COVID 19 lockdown on various aspects of Indian economy.
As per the World Travel and Tourism Council, global international arrivals may see a drop of up to 73%, and domestic arrivals drop up to 64% in the year 2020 due to the pandemic. This means a significantly difficult year for the hotel industry.
In India, industry-wide RevPAR of the hotel industry may drop by 50% in fiscal 2020-21 as per ICRA. ICRA warns of serious credit distress in the hotel industry.
Apart from economic shock, the pandemic may bring long-term changes in consumer preferences which may tilt towards hygiene and safety over price.
The industry may be forced to adapt automation and this may act as a window of opportunity for contact-less services such as shelf check-in kiosks, and online check-ins, etc.
It is quite difficult to predict the future of this industry but the post-COVID hotel industry will look very different from the pre-COVID one.
ANALYSIS OF ALL SECTORS OF INDIAN ECONOMY.
An analysis of the consumer retail sector (including food and beverage, apparel and footwear, beauty), automotive, travel, and hospitality services.
Impact of Covid-19 on Sectors of Indian Economy and Business Survival StrategiesDr. Amarjeet Singh
The entire world is in the clutch of Coronavirus. The dissemination of the virus is so colossal that it compelled the World Health Organisation (WHO) to declare it as pandemic. The outbreak of the virus has unprecedented implications on the global economy. Severe economic burden and grave consequences have to be borne by the Indian industries in this backdrop of declining economic situation due to coronavirus. Thus, this article is intended to study the repercussions of coronavirus on different sectors of Indian economy and to highlight the reasons for which India can be benefitted in the post pandemic period and mainly to specify the business survival strategies which is the key to overcome this tough situation.
World over the countries are facing issues after the advent of COVID 19. The countries are in a catch 22 situation..If you preserve the health the economy suffers and viceversa..The ppt explores the impact of COVID 19 lockdown on various aspects of Indian economy.
As per the World Travel and Tourism Council, global international arrivals may see a drop of up to 73%, and domestic arrivals drop up to 64% in the year 2020 due to the pandemic. This means a significantly difficult year for the hotel industry.
In India, industry-wide RevPAR of the hotel industry may drop by 50% in fiscal 2020-21 as per ICRA. ICRA warns of serious credit distress in the hotel industry.
Apart from economic shock, the pandemic may bring long-term changes in consumer preferences which may tilt towards hygiene and safety over price.
The industry may be forced to adapt automation and this may act as a window of opportunity for contact-less services such as shelf check-in kiosks, and online check-ins, etc.
It is quite difficult to predict the future of this industry but the post-COVID hotel industry will look very different from the pre-COVID one.
ANALYSIS OF ALL SECTORS OF INDIAN ECONOMY.
An analysis of the consumer retail sector (including food and beverage, apparel and footwear, beauty), automotive, travel, and hospitality services.
The entire economy is on back step due to Corona Virus pandemic. In this presention i have analysed the impact of COVID on various sectors of the economy.
Covid-19 and Indian Economy Issues and Challenges by Dr. R. H. Pavitha, KSOU,...RHPavithra
Corona virus disease 2019 has a bad impact on human life and at the same time it has disturbed the entire economy of world in general and India at particular.
Here is the detailed analysis on economic impact of Covid-19 on India. You'll get enlightened about the losses and impacts incurred on different sectors of society due to lockdown.
And also the mitigation steps by the govt. to fight the invisible foe which entered the human paradise.
Furthermore, Covid may have worst economic recession on India, but every coin has two sides, so as here - the Bright Side, like Atmanirbhar Bharat Abhiyan, Digital India and hundreds of other new opportunities are raised.
Summary on Sections -
slide 1 : Topic
slide 2-5 : Introduction
slide 6-16 : Knowledge Content/Research Work
slide 17-19 : Conclusion
slide 20 : Bibliography
slide 21 : Outro
Impact of COVID 19 on different sectors of the Indian economy Tanmay Trivedi
COVID 19 has impacted almost every aspect of our lives. In this presentation, I try to take a look at some of the sectors that have been deeply impacted by the pandemic.
Impact of covid 19 on Indian Economy & Banking SectorDr Praveen S
Impact of Covid-19 on indian Economy & Banking Sector
Topics covered:
- What is Covid-19 ((Corona Virus Disease) ?
- Socio - Economic Effects of Covid-19 on global society.
- How Covid-19 hit India?
- Impact of COVID-19 on Indian Economy.
- Impact of COVID-19 on Indian Banking Sector.
- Steps to be taken by Indian Banks.
ANALYSIS AND BREAKDOWN OF THE COVID 19 RELIEF PACKAGE NidhiZade
THE TWENTY LAKH CRORE IS
ONE AMONG THE LARGEST COVID-19 RELIEF PACKAGE IN THE WORLD. WE DISCUSS THE BREAKDOWN INTO VARIOUS TRANCHES AND ALSO DISCUSS THE VARIOUS IMPACTS, CRITICISMS AND OPINIONS ON THE SAME
The entire economy is on back step due to Corona Virus pandemic. In this presention i have analysed the impact of COVID on various sectors of the economy.
Covid-19 and Indian Economy Issues and Challenges by Dr. R. H. Pavitha, KSOU,...RHPavithra
Corona virus disease 2019 has a bad impact on human life and at the same time it has disturbed the entire economy of world in general and India at particular.
Here is the detailed analysis on economic impact of Covid-19 on India. You'll get enlightened about the losses and impacts incurred on different sectors of society due to lockdown.
And also the mitigation steps by the govt. to fight the invisible foe which entered the human paradise.
Furthermore, Covid may have worst economic recession on India, but every coin has two sides, so as here - the Bright Side, like Atmanirbhar Bharat Abhiyan, Digital India and hundreds of other new opportunities are raised.
Summary on Sections -
slide 1 : Topic
slide 2-5 : Introduction
slide 6-16 : Knowledge Content/Research Work
slide 17-19 : Conclusion
slide 20 : Bibliography
slide 21 : Outro
Impact of COVID 19 on different sectors of the Indian economy Tanmay Trivedi
COVID 19 has impacted almost every aspect of our lives. In this presentation, I try to take a look at some of the sectors that have been deeply impacted by the pandemic.
Impact of covid 19 on Indian Economy & Banking SectorDr Praveen S
Impact of Covid-19 on indian Economy & Banking Sector
Topics covered:
- What is Covid-19 ((Corona Virus Disease) ?
- Socio - Economic Effects of Covid-19 on global society.
- How Covid-19 hit India?
- Impact of COVID-19 on Indian Economy.
- Impact of COVID-19 on Indian Banking Sector.
- Steps to be taken by Indian Banks.
ANALYSIS AND BREAKDOWN OF THE COVID 19 RELIEF PACKAGE NidhiZade
THE TWENTY LAKH CRORE IS
ONE AMONG THE LARGEST COVID-19 RELIEF PACKAGE IN THE WORLD. WE DISCUSS THE BREAKDOWN INTO VARIOUS TRANCHES AND ALSO DISCUSS THE VARIOUS IMPACTS, CRITICISMS AND OPINIONS ON THE SAME
Indian Economic Status Newsletter June 2013 - Find Indian Economic News, IIP Growth % (Index of Industrial Production) Graph, WPI % Growth (Wholesale Price Index) Graph, Corporate Headlines and Who’s Expanding in India
Rudra Shares Fundamental Call Report- Bodal chemicals ltdAnkurShah108
The best stock broker and share broker in India, Rudra Shares & Stock Brokers Ltd. is member of all the leading Equity & commodity exchanges in india, dealing in stocks, shares, commodity & currency serving clientele in 18 states through 175 business partners.
We have presented how COVID-19 has impacted the financial performance of the automotive sector. We have also taken 3 companies as example to verify our points.
This presentation contains the positive and negative impacts regarding corona. I made it from various resources and wanted it share it publicly, so that others can also use it.
The best stock broker and share broker in India, Rudra Shares & Stock Brokers Ltd. is member of all the leading Equity & commodity exchanges in india, dealing in stocks, shares, commodity & currency serving clientele in 18 states through 175 business partners.
India refining and products market outlook to 2025Sophia Jones
Market Reports on India presents the latest report on “India Refining and Products Market Outlook to 2025”. http://www.marketreportsonindia.com/energy-utility-market-research-reports-12496/india-refining-gasoline-diesel-gasoil-jet-kerosene-lpg-fuel-oil-refinery-projects.html The report also reviews emergence of refining capacity amidst current framework of estimated refining margins and products prices.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
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⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
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3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
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Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
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2. THE OIL INDSUTRY
• Industry Overview:
Oil underpins every aspect of contemporary life,
from transport, to packaging, to food production.
Even as sustainability reduces reliance on non-
renewable resources, crude looks set to maintain
its central economic role and its pivotal position as
a geopolitical catalyst for the foreseeable future.
Oil and gas sector is among the eight core
industries in India and plays a major role in
influencing decision making for all the other
important sections of the economy.
India’s economic growth is closely related to its
energy demand, therefore, the need for oil and gas
is projected to grow more, thereby making the
sector quite conducive for investment.
3. Company
Analysis
Bharat Petroleum Corporation Ltd
Impact Of Covid-19:
India Bharat Petroleum Corp has deferred the
shutdown of secondary units at its Kochi and
Mumbai refineries due to shortage of manpower
and material to carry out the turnaround job. India
imposed a sweeping lockdown of its 1.3 billion
people on Wednesday for 21 days, and is only
allowing the supply of essential commodities.
Bharat Petroleum Corp, India's largest fuel retailer,
has cut its 2021 capex target by 36% to about 80
billion rupees ($1.1 billion) from 125 billion rupees
because of the impact of the COVID-19 pandemic.
4. Graph Analysis:
Nov 21, 2019. The stock hit a high at RS 549.00 per share.
March, 24, 2020. The stock hit a low of RS 262.85 due to the strictly imposed
lockdown.
5. Impact Of Covid-19:
GAIL saw gas demand almost halving when a nationwide
lockdown was imposed beginning March 25 to contain the spread
of coronavirus. Industries that used gas as feedstock shutdown
and CNG-run buses and vehicles went off the road.
Demand fell by as much as 70 per cent but after unlock and lifting
of restrictions, it has come back to 72-80 per cent.
Gail India Ltd
6. Graph Analysis:
Feb 12, 2020. The stock was at a high point with Rs 130.35 per share.
Due to the strict Lockdown measures, the stock hit a low with Rs 65.00 per
share.
7. PAINT INDUSTRY
Industry Overview:
The Indian paint industry is over 100 years old. Its
beginning can be traced back to the setting up of a
factory by Shalimar Paints in Calcutta (now Kolkata)
in 1902.
The industrial paint category constitutes the
balance 25% of the paint market and includes a
broad array of segments like automotive coatings,
marine coatings, packaging coatings, powder
coatings, protective coatings and other general
industrial coatings.
8. Company
Analysis
Asian Paints Ltd
Impact Of Covid-19:
Asian Paints had reported a 67.32 per cent
decline in consolidated net profit to Rs 219.61
crore for the first quarter ended June 30, due to
complete washout of business in April. The
company had posted a net profit of Rs 672.09
crore during April-June quarter of the previous
fiscal.
Its revenue from operations was down 42.74 per
cent at Rs 2,922.66 crore during the quarter
under review as against Rs 5,104.72 crore in the
same period previous fiscal. Shares of Asian
Paints were trading 1.67 per cent higher at Rs
1,733.35 apiece on the BSE.
9. Measures Taken & Graph Analysis
• The company is running the ‘Safe Painting Campaign’ to give people
confidence that it was safe to get a set of painters to get your house painted.
Furthermore, Asian Paints has started ‘San Assure’ service through which
people can get their homes, offices and shops sanitized.
The stock hit a low on march 19,2020 with Rs 1431.20 per share due to the industrial
closure.
With the services resuming in May, the graph has shown a steady growth with a high
of Rs 2159.55 per share.
10. Berger Paints Ltd
Impact Of Covid-19:
Berger Paints India Ltd reported a 91.44 per cent decline in
consolidated net profit to Rs 15.09 crore for the quarter ended
June, hit by the Covid-19 crisis. It has also closed all its factories
and most of the businesses till the end of the lockdown, the
company said in a regulatory filing. The company has closed all its
factories and most of the businesses till the end of the lockdown.
11. Graph Analysis:
With the shutdown of industries, the stock saw a low on March 19,2020 with Rs 389.35 per
share.
While the industries are restarting their facilities and production, the stock hit a high on Oct
28, 2020 with Rs 625.30 per share.
12. TOURISM &
HOSPITALITY
INDUSTRY
• Industry Overview:
The Indian tourism and hospitality industry
has emerged as one of the key drivers of
growth among the services sector in India.
Tourism in India has significant potential
considering the rich cultural and historical
heritage, variety in ecology, terrains and
places of natural beauty spread across the
country. Tourism is also a potentially large
employment generator besides being a
significant source of foreign exchange for the
country. In FY20, 39 million jobs were
created in the tourism sector in India; this
accounted for 8.0% of the total employment
in the country. The number is expected to
rise by two% annum to 52.3 million jobs by
2028.
13. Company
Analysis
Taj Group Of Hotels and Resorts
Impact Of Covid-19:
The Tata-owned hospitality company posted a loss
of ₹312.6 crore for the said quarter against a profit
of ₹4.98 crore the same time last year. IHCL’s revenues
dropped by 85 per cent on a year-on-year basis. In
order to avoid the transmission of coronavirus through
touchpoints, hospitality player Taj Hotels has decided
to do away with its lavish buffets and reduce the
capacity at its restaurants by 50 per cent. Among other
measures at the restaurants, Taj Hotels will probably
have to slash the menus, too. To comply with the
norms, it has also reduced the seating capacity at
restaurants by 50 per cent, he said.
14. Measures Taken & Graph Analysis
Announced the launch of Qmin, a mobile app. It is a repertoire of culinary
experiences commencing with delivering dishes from its restaurants to the
customer’s homes in the first phase of the Qmin launch.
The stock saw a high on Feb 1, 2020 with a price of Rs 222.50 per share.
While the tourism and hospitality industry was impacted heavily, the stock saw hit a
low on March 24,2020 with a price of Rs 84.20 per share.
15. Thomas Cook
Impact Of Covid-19:
Rating agency CRISIL has downgraded Thomas Cook India
Ltd.'s (TCIL) bank facilities from “AA-” to “A+” on the
weakening of the company’s business and financial risk
profiles due to Covid-19 pandemic. The continued travel
restrictions and negative customer sentiments have
severely impacted leisure and corporate travel, and the
foreign exchange (forex) business
16. Graph Analysis
The stock hit a High on Nov 26, 2019 with a price of Rs 170 per share.
The Stock hit a low on March 25, 2020 with a price as a low as Rs 21.95 per
share.