Sportstech startup Str8bat raises $3.5 million from Exfinity Venture Partners, othersFounded in 2018 by Gagan Daga, Rahul Nagar and Madhusudan R, Str8bat is a sports technology company that has developed a platform providing...
03 Oct, 2024, 01.52 PM IST
270 branded hotels temporarily shut in India due to second COVID-19 waveWhile a sudden rebranding or a takeover does not happen due to the tortious interference clause in global hotel contracts, some hoteliers a...
14 Jun, 2021, 09.18 AM IST
FIU warns COVID-19 upheavals might beget new financial cyber crimes"Financial year 2019-20 was a rather challenging year for the global economy on account of COVID-19 pandemic," FIU-India Director Pankaj Ku...
22 Mar, 2021, 03.36 PM IST
Recovery for Indian hotels slow, occupancy rate at around 24% in first week of SeptemberDemand for quarantine rooms which had been aiding hotel occupancy growth across major markets in India is now slowing down.
12 Sep, 2020, 09.54 AM IST
ED to ask Bank of Maharashtra for details on DSK group transactionsAgency probing failure to generate reports when accused allegedly routed and siphoned off funds.
15 Feb, 2019, 07.03 PM IST
Hotels record higher occupancy, revenue during January-March quarterHotels in India reported over 5% year on year growth in occupancy in the quarter ended March, helped by a rise in corporate demand and dome...
07 May, 2016, 04.33 AM 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
BSE asks members to submit number of suspicious trade reportsBSE asked its members to inform the exchange about the number of suspicious transactions reports filed with the Financial Intelligence Unit.
10 Jul, 2015, 09.31 PM IST
Corporate restructuring is the need of the hour at Indian hotel chains, say expertsThe Oberoi Group this week elevated heir apparent Vikramjit Oberoi to the post of chief executive as its current chief SS Mukherji is due t...
27 Mar, 2015, 07.06 AM IST
Hospitality gains impetus on better growth outlookOccupancy rate for the entire region rose 0.9% yearon-year to 69.2% in September, while the average daily room rate fell 2.2% to $112.31 an...
03 Nov, 2014, 01.12 PM IST
Delhi to add 5,721 hotel rooms: ReportThe Asia Pacific hotel development pipeline is looking strong for the upcoming months for it comprises of 2,049 hotels and 4,53,790 rooms.
18 Mar, 2014, 03.19 PM IST
Rare species of turtles to be released in SunderbansA bale of a rare species of Northern River Terrapin or Sunderbans Batagur turtles, which is considered critically endangered across the glo...
29 Oct, 2013, 11.08 AM IST
Sunderbans to get prey breeding centresAhead of the Global Tiger Day on July 29, conservationists can raise a toast.
28 Jul, 2013, 03.42 AM IST
Real estate, election campaigns routing black money: ReportMoney generated through illegal means is laundered through various means, including real estate and election campaigns, in India, a report ...
05 Aug, 2012, 10.45 AM IST
- Peppermint Hotels in talks with investors to fund expansion
Peppermint Hotels is in talks with a slew of investors for expansion capital as more private equity funds chase deals in a sector that is r...
23 Feb, 2011, 06.49 AM IST
- India ranks 22nd in filing Suspicious Transaction Reports
India stands at a low 22nd rank in preparing and disseminating reports by banking and other monetary bodies for cases of illegal financing ...
11 Jan, 2009, 11.34 AM IST