Multilateral funding agencies will provide Rs 320 cr fund which can be used by JV that marks Rs 22,400 cr Shapoorji's entry into affordable...

The hospitality industry is likely to suffer revenue losses worth Rs 4,000 crore due to the economic slowdown and the Mumbai terror attacks.

It’s not all hunky-dory for the hotel segment. Blame it on high room rates, the occupancies of branded hotels (three to five star) in metro...