An Eye for Detail
Wouldn't be wrong to say that Deepika has over the years been a part of the core team that has made fiery growth possible for Wyndham Hotels in India. To speak in common parlance, she's running the show for the 'Ramada' chain of hotels in Eurasia! Ahmad Shariq Khan | March 2016 Issue | The Dollar Business Deepika Arora, Regional Vice President – Eurasia Wyndham Hotel Group Today, Wyndham is the world’s largest hotel company, specialising in mid-market and budget hotels, but the success saga that the hospitality chain enjoys today neither came easy nor was it immediate. And India is no exception! In fact, in 2000, when the group entered the country, it had only eight hotels but thanks to persistent, ...
China's economic slowdown adversely affected India: Rajan
Source: PTI Some comments from India that China's pain is India's gain has drawn strong reactions from the Chinese media China's pain of economic slowdown is India’s pain too, RBI Governor Raghuram Rajan said contradicting government assertions that India will not be affected by deceleration of Chinese economy. “The Chinese slowdown is a concern for the whole world. There is a lower demand for some of our exports to China. But indirectly too, many of the countries are not exporting to China as much as they did and they are buying less from us,” Rajan said in an interview with Hong Kong-based South China Morning Post. “But India being a commodity importer, has been helped a bit by cheaper commodities. ...
Devaluation of yuan to impact handicraft export: EPCH
Source: PTI India's handicraft export, impacted by global slowdown, is expected to take a hit in the current fiscal due to the devaluation of the Chinese currency, EPCH on Monday said. Export Promotion Council for Handicrafts (EPCH) said that Indian products would lose their competitiveness in the global market due to the devaluation of yuan. “Indian products will now face problem in global markets. Chinese handicraft exporters would now get edge over our Indian products. Our competitiveness will be impacted. It may hurt our exports,” EPCH Vice-Chairman Rajesh Kumar Jain told PTI. In 2014-15, the country's handicraft exports declined 7.66% to $1.38 billion over the same period previous year. “The sector employs about 70 lakh people directly and indirectly. So it ...
