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Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdowns


›Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdowns
Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdowns
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Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdownsBy
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Synopsis
Amid last year’s nationwide lockdown and this year’s local lockdowns, retailers and restaurants have taken a massive hit, facing closure of outlets, huge losses and retrenchments.
PTI
Top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino’s, Plum by Bent Chair, Mamagoto, Farzi Cafe, Lee, Wrangler and Cafe Warehouse among others, are insisting on introducing clauses in all new leases that stipulate that they will not pay rent, or pay only in proportion to their actual business, in the event of government mandated closures of ....

Shriram Monga , Nitin Chhabra , Priyank Sukhija , Zorawar Kalra , Dunkin Donuts , Domino Pizza , Reliance Retail , Madura Fashion , Bent Chair , Farzi Cafe , Cafe Warehouse , Kabir Suri , Azure Hospitality , Ace Turtle , Massive Restaurants , Masala Bar , Jubilant Foodworks , Aditya Birla Owned Madura Fashion , New Delhi Based , ஸ்ரீராம் மோங்கா , நிடின் சாப்ரா , பிரியாங்க் சுகிஜா , ஜொராவர் கல்ரா , டங்கின் டோனட்ஸ் , டோமினோ பீஸ்ஸா , நம்பகத்தன்மை சில்லறை ,

Zorawar Kalra: As business suffers, eateries seek more relaxations


Synopsis
Zorawar Kalra, managing director of Massive Restaurants, said demand is heartening and more people are vaccinated now. But, the restrictions on timings are a major concern for the industry.
Getty Images
About a month after they were allowed to resume dine-in services, restaurateurs say business is still hurting due to continued restrictions on timings and reduced seating capacity, though there is a surge in demand.
They are calling for longer operating hours from this month, besides financial support and relief on statutory dues.
In Mumbai, where restaurants are allowed to operate only till 4 pm and are to be closed on weekends, 30-40% of them have continued staying shut. ....

Rahul Singh , Shivanand Shetty , Anurag Katriar , Vikrant Batra , Chethan Hegde , Sharad Pawar , Zorawar Kalra , Restaurants Association , Indian Hotels , National Restaurant Association Of India , Restaurant Association , Beer Cafe , Cafe Delhi Heights , Massive Restaurants , ராகுல் சிங் , சிவானந்த் ஷெட்டி , விக்ராந்த் பாத்ரா , சேதன் ஹெக்டே , ஷரத் பவார் , ஜொராவர் கல்ரா , உணவகங்கள் சங்கம் , இந்தியன் ஹோட்டல் , தேசிய உணவகம் சங்கம் ஆஃப் இந்தியா , உணவகம் சங்கம் , பீர் கஃபே , கஃபே டெல்ஹி உயரங்கள் ,