Damani's Derive Trading Pvt Ltd has acquired the 156-room property is owned by Pune-based real estate developer Phadnis Group for Rs 135 cr...

Promoted by P A Mahamood Haji, Sarovar Portico Bekal, will be operational by 2014.

The Japanese consumer electronics major’s 11 year-old subsidiary, Sony India, is in throes of an attrition crisis.