Oberoi looks to exit flight services businessThe group, which witnessed a drop in revenue and fell into the red in the quarter ended June, has approached investment bankers to initiate...
Hospitality major EIH to delist its global depository receipts from LSEEIH that runs hotels and resorts under Oberoi and Trident brands today said it plans to delist its global depository receipts from the Lond...
IOC, MRPL pay $330 million more in 2nd tranche to IranSources said MRPL, which owed Iran $2.6 billion before the payments started last month, paid $300 million this month on top of $500 million...
- ITC hikes stake in EIH, buys 57.4 lakh shares for Rs 42 cr
Diversified business firm ITC today raised its holding in hospitality company EIH by acquiring an additional one per cent stake for Rs 42 c...
Super-rich and their buying obsessionsThings like banks and airlines or sporting teams and luxury hotels make the very rich feel just a little better about themselves.
- India to use rupee, other currencies to pay for oil imported from Iran
Besides the rupee, the euro would be used to pay for a part of the 12 million barrels of oil imported from Iran every month.
- India looking at alternative banks for oil payment to Iran
Jolted by Germany's refusal to route its payments to Iran, India is exploring using Dubai or Turkey based banks as conduit for paying for c...
- US forces Germany to stop Indian oil payments to Iran
India is exploring paying for crude oil it buys from Iran in rupee after the US forced Germany to stop routing payments through a Hamburg-b...
- Iran oil 'deadline' near, India still exploring options
Iran may halt crude sales to India from next month if the two nations fail resolve a payment dispute.
- US in talks with India on EIH issue
The United States is holding discussions with India on the issue of Europäisch-Iranische Handelsbank (EIH), the Hamburg-based bank, which w...
- US senators urge Germany to stop EIH from supporting Iran
EIH was sanctioned by the United States in September, 2010, for its facilitation of Iran's proliferation activities.
- India to allow payment for Iranian crude through German bank
SBI will route euro payments to National Iranian Oil Co's account in the Hamburg-based Europäisch-Iranische Handelsbank AG (EIH Bank).
- SBI ready to facilitate Iran crude payment
State Bank of India said it is ready to facilitate payments for Iranian crude oil but is awaiting notification of a bank that is not under ...
- RIL buy helps Oberois free pledged shares
The Oberois, promoters of the hospitality major EIH, have revoked the pledge on their shares soon after RIL acquired a 14.8% stake in the c...
- Continue buying banking stocks, hold hotel stocks: Satish Betadpur
ET Now spoke to Satish Betadpur, CFA, Global Research Director, Independent International Investment Research PLC, on his views on the mark...
- Max India's Analjit Singh to own lion's share of EIH
ET Exclusive: Analjit Singh to join as co-promoter & VC of Oberoi Hotels. Ten floating hotels I For Rs 1 Lakh a day, travel like a maharaja...
- Promethean picks up minor stake in EIH
Promethean India, AIM-listed investment firm, is learnt to have picked a minority stake in the Oberoi Group’s listed hospitality arm EIH Lt...