Further, Sitharaman said that the turnaround of the corporate sector as also as the banking sector provides a buffer for absorbing risks in the economy. In the pre-pandemic phase, these sectors were suffering from the twin balance sheet problem. Restitution of their balance sheets has been a priority, she added. Sitharaman said the soft interest rates regime during the Covid years helped corporates restructure their debt and reduce interest costs. Their debt-equity ratios have since fallen to 0.
The reduction of the corporate tax rate in the pre-Covid phase also helped corporates absorb the pandemic shock. Much before India got independence and much before any business rules and regulations were established, the Sens family had set its hopes higher than the clouds and deeper than the ocean.
Who We Are? We are a diversified corporate heading strong in horizontal integration and creating synergies. We started with foreign exchange dealings back in and with the introduction of Exchange Control in by RBI, we were the first ones to acquire a license. After that, there was no looking back. Sens Group has spread its wings throughout the country almost at every strategic location in India.
Sens Group further diversified into hospitality with its first plush and luxurious hotel at Haridwar in , an elegant fine dine restaurant and lounge at Salt Lake, Kolkata and a 70 room 4 star rated hotel in Kolkata under the brand of Royal Orchid Hotels Ltd. The Group has forayed into an IT based technology platform by the name of Orkos Technology which deals with online consulting services for all walks of life.
Our Passion.
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