Business News›News›Company›Corporate Trends›Card parties, Diwali bashes, catering, banquets see big slump in business this festive season
Card parties, Diwali bashes, catering, banquets see big slump in business this festive season
Synopsis
Many states have restricted social gatherings to 200 people. Some including Maharashtra are stricter and have capped that number at 50, leading to large-scale cancellations during the party season.
New Delhi: The chips are down for catering and banquet companies this year. With card parties and Diwali bashes scaled down, they face the steepest fall in business in the October-December quarter, a season that’s synonymous with weddings, celebrations and conferences, industry executives said.“Social-distancing norms, post-lockdown restrictions on the number of people allowed in gatherings and a drastic reduction in international delegations
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