Union minister Nitin Gadkari said to corporate honchos like Biocon MD Kiran Mazumdar Shaw, Mahindra & Mahindra MD Pawan Goenka, Niranjan Hiranandani and others that the need of the hour was to increase demand and liquidity. He stated that there was a need to push Rs 50 lakh crore into the market. Watch the video for Gadkari's response to India Inc's queries.Also Read: Vedanta's oil and gas head quits; fifth since Cairn India acquisition

Government's economic stimulus of Rs 20 lakh crore has satisfied some sectors, leaving some others in the lurch. Indian business leaders voiced their concerns on India Today TV as part of a panel. The panel included MD of Mahindra and Mahindra Pawan Goenka, Chairman and MD of SpiceJet Ajay Singh, Co-founder and MD of the Hiranandani Group, Niranjan Hiranandani, Founder and and MD of Biocon Limited, Kiran Mazumdar-Shaw and Oyo Rooms founder and CEO Ritesh Agarwal. Watch as industry leaders express their concerns.Also Read: Imposing conditions on states for borrowing more a bad idea: Abhijit Sen

\"Coorg will be the new Switzerland and Goa, the new Thailand,\" said Oyo founder and CEO Ritesh Agarwal, as he dismissed those who say the company might wrap up. He spoke to India Today TV on how the company was focusing on future trends and working towards satisfying customers. Ritesh Agarwal, however, said that going forward Oyo Hotels and Homes will have a more measured business aspiration.Also Read: Faith shattered! Yes Bank deposits down 54% from Rs 2.27 lakh crore peak

Bira said the existing round of fund raising involved leading consumer fund Sixth Sense and Korean private equity fund Neoplux, besides existing investors Sequoia and Sofina

Coronavirus impact: Industry insiders believe that such funds would help turnaround the fortunes of the MSME sector in the medium and long run. As production units are shut, MSMEs are struggling to pay their workforce

A humanitarian crisis calls for humane HR policies to tide over what looks like the \"new normal\" post-lockdown

How healthcare, FMCG, pharma, petrochemical and IT companies will turn the capabilities acquired during the coronavirus crisis into new businesses in India and abroad

HUL, which manufactures much needed hygiene products such as soaps, handwash, sanitisers and floor cleaners, is also investing Rs 10 crore - part of its Rs 100 crore commitment to fight COVID-19 - to set up testing and quarantine facilities

Though the service would be limited to Airtel Thanks users as of now, more such apps are expected to be launched by other telecom operators

Other Indian businessmen who have seen a major drop in their wealth include Gautam Adani whose net worth eroded by $6 billion or 37%, HCL Technologies' Shiv Nadar ($5 billion or 26%) and banker Uday Kotak ($4 billion or 28%)

To start with, there will be approximately 500 rooms in Bangalore, Chennai, Delhi, Kolkata and Mumbai

Mahindra Group Chairman Anand Mahindra, in a tweet, termed the lockdown has \"necessary\" but expressed concern over the lockdown's negative effects on the homeless, daily wage workers and contract workers

Ivanka made her comment as she retweeted a press release by the OYO, which said that the start-up is \"opening the doors to its hotels\" and offering free stays to doctors, nurses and other medical first responders who are helping in the fight against Coronavirus

Oyo Hotel's net losses have reached USD 335 million in 2018/19 which 6.4 times higher than last year, according to the company's latest annual report. Even after 7 years, the company doesn't expect to turn profitable.

US President Donald Trump praised Ritesh Agarwal for his work and said OYO Rooms is \"not such a small company\"

Talking to leading CEOs and promoters from Indian corporate sector at the US embassy here on Tuesday, Trump appreciated their investments in the United States and encouraged them to invest more

With sharp cuts in staff strength in two of its major markets - India and China - and across the world and withdrawal from one-third of 600-odd cities in India, Oyo has had to take some tough calls that have exposed its vulnerability

Why the fast-growing hotel chain had to scale down

Founded by Ritesh Agarwal, Oyo reported an over four-fold jump in its revenue at $951 million for FY19, as against $211 million in the previous year

Currently, Oyo largely operates under three models - franchisee, leased and owned assets. The rooms under the franchisee model accounts for the largest number of its inventory of nearly 3 lakh rooms in India