Hinduja Tech sells 20% stake to Creador for $50 millionHinduja Tech Limited plans to raise about $100 million to meet expansions in the eMobility industry and hired investment bank Rothschild to...
14 Mar, 2024, 09.16 PM IST
BharatPe interim CEO details bounce back plans; Hinduja Tech plans minority stake saleIn his first media interview since the Ashneer Grover saga unfolded, BharatPe interim chief executive Nalin Negi details the company’s prof...
28 Nov, 2023, 08.03 PM IST
Several CRZ projects approved during 2015-2020 despite inadequacies in EIA reports: CAGThe government had in 2019 notified CRZ norms under the Environment Protection Act, 1986 to conserve and protect the environment of coastal...
08 Aug, 2022, 08.43 PM IST
HFCL jumps 3% as telecom gear maker wins Rs 237 crore orderHFCL's revenue from operations in the reported quarter also declined by about 15 per cent to Rs 1,182.98 crore from Rs 1,391.4 crore in the...
01 Jun, 2022, 10.39 AM IST
RIL raises stake in HFCL to 5% via QIPReliance Industries (RIL) has increased its stake in HFCL, the country's largest integrated telecom network provider, to 5% by investing ₹1...
10 Dec, 2021, 06.05 AM IST
Ashok Leyland to buy Nissan's stake in Hinduja Tech for Rs 70.20 croreIn November 2014, Ashok Leyland had sold 38 per cent stake in Hinduja Tech (HTL) to Nissan International Holdings BV, investment arm of the...
25 Feb, 2021, 11.20 AM IST
India's hotels lost Rs 8,000 crore in revenues between March to June: STR Horwath HTL reportThe report stated that if 2019 was the best performing year in the past decade for Indian hotels, 2020 has been the worst in living memory....
16 Sep, 2020, 01.42 PM IST
Lemon Tree Hotels signs first hotel in Dubai with Al Waleed Real EstateThe hotel is in proximity to famous destinations like Burj Al Arab, Kite beach and the Mall of Emirates, and equidistant from Business Bay ...
08 Nov, 2018, 04.17 PM IST
Ginger hotels looking to sell six propertiesThe move is seen to align with ‘Aspiration 2022’ strategy unveiled by its parent, Indian Hotels Company (IHCL), to become less ownership dr...
06 Jul, 2018, 07.21 PM IST
Going forward, there will be 2-4 players in mid market hotel space: Patanjali Keswani, Lemon Tree“Competition would continue but it is not likely to be destructive in any way.”
26 Mar, 2018, 04.43 PM IST
HFCL Q3 net profit rises 67% to Rs 70 croreHFCL today reported a jump of 66.76 per cent in its standalone net profit at Rs 70.16 crore for the three months period ended December 31, ...
21 Jan, 2016, 04.22 PM IST
Government reviewing CRZ notification 2011 after states' concernsGovernment has initiated the process to review the 2011 Coastal Regulation Zone notification in the backdrop of issues raised by certain co...
15 Dec, 2015, 02.55 PM IST
Rise in business-related travel drive hotel rooms demand to five-year highDemand for hotel rooms in India grew 20% in October, the highest in five years, driven by increase in business-related travel, according to...
30 Nov, 2015, 04.45 AM IST
After a long lull, hotels wake up to a rosy dawnAccording to the report, while markets such as Mumbai and Goa saw occupancy rates crossing 70%, New Delhi and Pune have crossed 65%.
07 Sep, 2015, 04.00 AM IST
Vijay Mahtaney looks for a buyer for the super pricey Boat Club propertyBusinessman Vijay Mahtaney is looking for a buyer for his over nine grounds (one ground is 2,400 sq ft) of property in Chennai’s Boat Club ...
12 Feb, 2014, 10.50 AM IST
- Delhi High Court suspends Sukh Ram's sentence, grants him bail
In a relief for former Telecom Minister Sukh Ram, the Delhi HC today suspended the five year sentence awarded to him.
28 Nov, 2011, 12.35 PM IST
- Sick PSUs to be revived through JVs: Vilasrao Deshmukh
Steps are being taken to revive sick public sector units (PSUs) through joint ventures with profit-making ones and other industries, Heavy ...
25 May, 2010, 07.00 PM IST