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IRCTC offers special tour on Ramayana Circuit covering prominent places associated with life of Lord Rama.
The Indian Railways Catering and Tourism Corporation (IRCTC) will operate a Deluxe AC Tourist Train on the Ramayana circuit with the name "Sri Ramayana Yatra", IRCTC informed on Saturday.
According to a press note from the IRCTC, the first tour, starting from Delhi Safdarjung Railway Station on November 7 will cover the visit of all prominent places associated with the life of Lord Rama. The note stated that IRCTC is getting an overwhelming response for this initiative and the first tour is fully booked. In view of continuous demand, it is decided to run this tour again on December 12 this year with a similar price and duration.
IRCTC'S 'Ramayana Circuit' with dining restaurants, shower cubicles commences. See PICS
After Nasik, the next destination will be Hampi which is the ancient Krishkindha city.Rameshwaram will be the last destination of this train tour after which the train will return to Delhi on the 17th day of its Journey. Guests will be travelling roughly 7500 Kms in this entire tour.
IRCTC has launched this special tourist train in line with the Government of India initiative "Dekho Apna Desh" to promote domestic tourism, at a price of Rs 82,950 per person for 2AC and Rs 1,02,095 for 1AC class, the note informed."Package Price covers Train Journey in AC classes, Accommodation in AC Hotels, all meals (VEG ONLY), all transfer and sight-seeing in AC Vehicles, travel insurance and services of IRCTC Tour Managers etc.
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As the company continues to navigate the COVID-19 pandemic and its impact, it remains focused on the areas that it believes will drive value and enable it to emerge stronger on the other side, including elevating its brands, investing in digital tools and capabilities, and accelerating efforts to diversify across geographies, product categories and distribution channels, including its direct-to-consumer and digital businesses.
If there is one positive connotation to the entire COVID-19 situation, it is the rapid adoption of technology. After the pandemic hit, both consumers and businesses were compelled to ante up their reliance on technology. “We have a seen a surge in number of brands in our platform after the lockdown. Similarly, we have seen an extremely warm response from our consumers, although you would expect fashion and lifestyle to be the last thing in people’s minds during such times of crisis,” said Kumar Saurabh, Business-Head, Lifestyle, Udaan.
Speaking on the reason for the launch of numerous stores in the country in such short span of time, Pankaj Khanna, Founder & MD of Gem Selections, Khanna Gems Private Limited said, “We are a global and India’s biggest gemstone brand and aspire to become the country’s first choice of gems and jewelry across every state. Hence, our expansion is aimed at making Gem Selections easily accessible so that no one has to settle for anything less than the best. Also, we want to make sure that people understand the aesthetics and benefits of buying pure and high-quality gemstones by connecting with us.”
“The festive season definitely brought relief in terms of sales. But while sales figures were better than the previous months of unlock, this time it wasn’t at par with 2019 or the years before that. Considering this is India, a country where festivals are celebrated with much oomph and zeal, things were pretty damp this year, comparatively. Customer sentiment was highly cautious and in general, they refrained from splurging and opted only for what is necessity. But we did witness reduction in degrowth as compared to last year,” says Asha Esther Jaikishan, Head of Marketing, Numero Uno.
Every year the S&P Global Corporate Sustainability Assessment methodology is used to assess global companies and ranks the companies based on their ESG performance. ABFRL score was reflection of its virtue of vision, continuous efforts, commitment and efficient sustainability work in the areas of the corporate governance & economic, environmental, and social dimensions.
Fortunately for the Retail Industry, consumption is an such an integral aspect of modern lives that even a pandemic of the catastrophic proportions of COVID-19 couldn’t abate it. It did, however, create a big dent in consumer behavior and consumption patterns evolved suddenly and radically.
According to Avinish Anand, a lot of these changes were temporary and now that markets have opened up, Caratlane has already witnessed consumers going back to their older ways. “I think a fair section of consumers tried the new way of trying and buying and now that she feels comfortable she will stick to it. At the same time, there also has been a significant pool of consumers who tried the new ways only out of necessity and now that options are open they have rolled backed to their old ways,” he said.
The two stores will open in premiere locations in Bangalore and Haldwani and the people of will have an easy access to quality certified gemstones and jewelry at affordable prices. The Indian market and economy have begun to function in full swing in most parts of the country and owing to the same, Gem Selections is determined to gain the traction amongst its customers through these new launches.
“The Board has approved issue of equity shares for an amount up to Rs 200 crore on rights basis. The Board evaluated various options and is of the view that rights issue would be an equitable mode of fund raising as it gives its shareholders an equal opportunity to participate in the growth of the Company. The Company intends to utilize the funds to meet its objectives of strengthening its balance sheet and for general corporate purposes, including working capital for growth,” AFL stated in a stock exchange filing to the BSE.
Luxury goods sales growth among the product sectors became less polarized in FY2019. The growth rate was lower in FY2019 among the sectors that showed the largest growth in FY2018, and higher among those with lower growth rates in FY2018—clothing and footwear, and bags and accessories.
Although quarterly trends appear to be improving sequentially, the recent resurgence of the virus underscores that the ultimate impact of the COVID-19 pandemic remains highly uncertain. The company expects that its business and results of operations, including net revenues, earnings and cash flows, will continue to be significantly adversely impacted for at least the first half of 2021, and there remains the possibility of additional COVID-19 related inventory and other charges.
Expanding its business, Gem Selections opened several premiere flagship stores not only across the country in the regions of Bangalore, Delhi, Mathura, Uttarakhand, and Mysore, but three stores abroad – Australia, US and London during the pandemic. It also implemented some advanced strategies like AI/ML and 3D hologram techniques in all its stores to provide extensive Covid protection and authenticity to all its clients.
The leading retailer in India today, H&M complements its offline presence with a strong online channel. H&M launched their own online platform, hm.com, in March 2018 followed by the launch on Myntra.com in August 2019 with an aim to strengthen their omnichannel strategy of extending a seamless shopping experience both online and offline.
Luxury goods manufacturers have been hit hard by the COVID-19 pandemic. For several months, people have faced restrictions on traveling abroad and there is still uncertainty about when it will be possible to travel more easily between countries. There has been a collapse in inbound tourism across the globe during the lockdown, causing massive fall in traditional retail sales. Duty-free shops that generate sales mainly at airports have been hit badly by the collapse in global travel.