Category Archives: Breaking News (All Categories)

Veena World opens office in Bengaluru

Veena World has recently opened a sales office in Bengaluru. The Mumbai-based tour operator has more than 19 sales offices across India with presence in Maharashtra, Rajasthan, Tamil Nadu, Gujarat, Telangana, Assam, Odisha, Madhya Pradesh, Goa, Karnataka and now Bengaluru. It was established in 2013 with 35-odd people and has now grown to a 1,000-member team pan-India.

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FHRAI guides members on MSME registration, advantages via webinar

Federation of Hotels & Restaurants Association of India (FHRAI) in association with its Northern Region Chapter HRANI, organised a webinar to educate members about the MSME registration process, the various schemes and policies of the Ministry of MSME, and the means of availing them. Among the speakers were Manoj Sharma, Assistant Director of Ministry of MSME; and Dr HP Kumar, CMD of National Small Industries Corporation, who spoke on how the hospitality industry can jumpstart their businesses with the help of Ministry of MSME, which offers more than 70 schemes for this sector. The Chief Guest for the webinar was Anand Sherkhane, Addl Development Commissioner, Ministry of MSME.

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Indian aviation to require funding of Rs 350-370 bn over FY2021-23: ICRA

ICRA expects the profitability of the Indian aviation industry to be adversely impacted in FY2021 due to lower revenues and high fixed costs. It estimates the industry to report a significant net loss of ~Rs. 210 billion in FY2021, against a net loss of Rs. 127 billion in FY2020, with the industry debt level increasing to ~Rs 500 billion (excluding lease liabilities) over FY2021-22 and the industry requiring additional funding of Rs 350-370 billion over FY2021 to FY2023.  

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Russian Expo Days start on Monday, 7th December

Russian Expo Days (RED) are all set to start on Monday, 7th December. The event already has 1,300 colleagues from the trade on board. RED would allow buyers to visit virtual stands of Russia’s regions and find out the difference between them, including architectural beauty of St. Petersburg, wild nature in Kamchatka, Golden Ring itineraries and more. They can ask questions and get honest answers from representatives of Russian authorities and travel business in the networking section. They can also watch 5 days of live sessions and get the latest updates on tourism in Russia. At the end of the exhibition, they will receive a Russia Specialist Certificate. The event offers an opportunity to FIND reliable partners for organising trips to Russia – more than 40 companies are ready to cooperate with the buyers. Free registration at https://russiadays.travel/i/r/psRbpto .

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