Category Archives: Breaking News (All Categories)

Global warming and its resultant impact on the environment and mankind have forced countries globally to take concrete measures to curb the damage and preserve for the future – and India is at the forefront of this movement. SEBI has mandated the top 1,000 listed companies in India by market capitalization to make filings as per the Business Responsibility and Sustainability Reporting (BRSR) from FY23. Coming against this backdrop, Thomas Cook India and its Group Company SOTC Travel, announced their partnership with global technology consulting and digital solutions company LTIMindtree, to launch “Green Carpet” – a global platform to monitor and manage business travel emissions. Green Carpet is built on the combined prowess of Thomas Cook & SOTC’s deep expertise in the travel industry, LTIMindtree’s ESG consulting and digital solutions capabilities and also leverages the global expertise of Fairfax Digital Services (a Fairfax company). A SaaS-based platform, “Green Carpet” is designed to address specific concerns faced by organizations, helping them capture, monitor, analyze and reduce their carbon emissions from business travel. It offers real-time insights related to Scope 3 emissions and helps organizations to significantly reduce their ESG reporting costs. “Green Carpet” enables: Simplified data capture & analysis of travel emissions with real time dashboards Adherence to BRSR and aligned to global audit requirements Swift and easy integration with current business travel platforms of corporates Advanced AI & ML to provide analytics & recommendations Decision making to drive enterprise net zero goals Madhavan Menon, Chairman & Managing Director, Thomas Cook (India) said, “Under its G20 Presidency, India has set ambitious ESG (Environmental, Social & Governance) goals, & India Inc. has been called on to implement SEBI’s BRSR mandate starting FY23. …

Thailand’s Ministry of Commerce, Department of International Trade Promotion (DITP), by Thai Trade Center New Delhi, with support from the Royal Thai Embassy and Tourism Authority in New Delhi, launched Thailand Week Trade Fair & Festival 2023, which was held from 16th – 19th March 2023, at Pacific Mall, Tagore Garden, New Delhi. “India and Thailand have been collaborating with each other on trade and development, the collaboration has been strengthened to the next level after both countries entered the “New Normal” era where we can resume our businesses in the regular manner. One indicator is the bilateral trade volume between two countries, which reached a new high record at 17.70 billion dollars in 2022. This partly contributes to the great effort of India and Thailand, especially the well-developed policy of the Honorable Deputy Prime Minister and Minister of Commerce of Thailand (Mr. Jurin Laksanawisit), and DITP practical changes in strategies, mindsets and working methods.” Mr. Phusit Ratanakul, Director-General Department of International Trade Promotion (DITP), Ministry of Commerce, stated in a video message. The Thailand Week Trade Fair & Festival 2023 provides Indian consumers with opportunities to indulge themselves with Thailand’s amazing cultures and experience the high quality of Thai products. Meanwhile, local importers and distributors can source profitable Thai products and seek lucrative trade opportunities with Thai exporters, which can lead to sustainable partnerships and strong competitiveness for both sides. The fair took place between 16th – 19th March 2023 at Pacific Mall, Tagore Garden, New Delhi. “The Thailand Week Trade Fair & Festival 2023” aims to boost trade, business, and people-to-people contact between Thailand and India. We have worked closely with Indian distribution networks and retailers to understand the consumer’s needs and trends. As a result, a wide variety of more than 150 Thai products from 31 …

Campbell Wilson, CEO, Air India, has said that Air India will reduce the frequency of flights on certain US routes due to crew shortage issues for a temporary period. He was speaking at the CAPA India Summit in New Delhi. “There is a lot happening. Air India is shrinking and growing again,” he added.

G Kishan Reddy, Union Minister of Tourism and Culture, has said that MOT provides various short term skill courses in the field of Hospitality and Tourism for unorganized/organised sector under Capacity Building for Service Providers (CBSP) Scheme.

Speaking at the CAPA India Aviation Summit, Jyotiraditya Scindia, Union Minister of Civil Aviation, has said that the average daily domestic aviation passenger is set to surpass the earlier peak of 4,56,000 by October 2023. “Currently, India experiencing daily domestic aviation passengers of around 420,000 – 440,000”, he said.

Join Etihad’s senior management team in India for an exclusive trade webinar on Thursday March 23, 2023 at 4pm IST. Etihad is celebrating flying again from the city of Kolkata, West Bengal. To register, contact jaspreet.kaur@ddppl.com or +919650196532.

Rakesh Verma, Additional Secretary, Tourism, has said that after the post-budget webinar, it was visible that tourism cannot move forward without convergence because it’s a cross-sectoral thing as it has many more domains and support of many other departments is necessary.

Sudesh Poddar has been elected as the President of FHRAI for 2022-2023 at the association’s 66th AGM at The Lalit, New Delhi. A team of 24 Executive Members also elected: Pradeep Shetty as Vice President from HRAWI; K Nagaraju as Vice President from SIHRA; M Surendra Kumar Jaiswal as Vice President from HRANI; T.S Walia as Hony. Secretary (FHRAI); Amarvir Singh as Jt. Hony. Secretary from Northern region; Gurbaxish Singh Kohli as Jt. Hony. Secretary from Western region and D.V.S Somaraju as Hony. Treasure (FHRAI).

PP Khanna, President, ADTOI, has said that we can do roadshows, travel shows with locals, as their skilling is very important. “Such skill management can help boost tourism in the states, and we have instances of the same in Rajasthan and Kerala,” he said.

Tourism New Zealand is completing 20 years in India and celebrated this milestone in the presence of HE David Pine, New Zealand High Commissioner to India. India and New Zealand tourism have established strong ties over the years as the country grows to be a popular choice for India travellers.