Restaurants

Majority Indian restaurants closing down; future grim for hospitality sector post Covid-19

While metros of India are gradually opening up post lockdown, many fine-dine restaurants, casual-dining restos, high-end chains, and standalone cafes are pulling down the shutters in the oncoming few weeks. As lease negotiations with landlords requesting deferment of dues fail to materialize, will the hospitality sector revive itself in the Covid-19 era of tomorrow? Jul 9, 2020
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Nifty, Sensex end higher for fifth day, lenders soar

Indian shares closed higher for a fifth straight session on Tuesday, as gains in IT and beaten down financial companies helped Mumbai's main indexes outperform other stock markets after a week-long rally. Jul 7, 2020