Coronavirus: 52% CEOs think there could be a revenue fall of more than 10% for most firms
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According to a poll of CEOs, conducted by the Confederation of Indian Industries (CII), there could be a revenue fall of more than 10 per cent for most firms due to the impact of Covid-19. At least 52 per cent of the respondents said there will be job losses as well. Nearly 200 CEOs across sectors participated in the online survey. Almost 80 per cent said their inventory was lying idle due to the restrictions.