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RAILWAYS HOTEL CONTRACT CASE
IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
India to resume train coach exports to Bangladesh, first shipment since Sheikh Hasina's ouster likely in JulyIndia is set to export a train rake of up to 20 coaches to Bangladesh next month, marking a significant resumption of trade. This shipment,...
A giant rail bridge across the Gobi Desert in China is making people ask one big question: How?A massive rail bridge rising above China’s Gobi Desert is drawing global attention. Built to overcome shifting sands, powerful winds, and e...
Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...
Spark by Hilton debuts in APAC, opens 2 hotels in Bengaluru, GoaHilton has launched its Spark by Hilton brand in Asia Pacific with new hotels in Bengaluru and Goa. This expansion is part of a significant...
Should long term investors bet on Waterways Leisure IPO?Ocean cruise operator Waterways Leisure Tourism is set to raise ₹585 crore for expansion and lease payments. Despite operating a single ves...
Stock Radar: Indian Hotel stock breaks out from falling channel resistance on weekly charts; time to buy?Indian Hotels Company Ltd has broken out of a prolonged falling channel on weekly charts, signalling a potential uptrend. Analysts see the ...
Railways uses 30% of capex budget in April-MayIndian Railways has impressively achieved nearly a third of its annual capital expenditure target in the first quarter, with over Rs 84,000...
Core sector output slows to seven-month low of 0.5% in MayIndia's core sector growth hit a seven-month low of 0.5% in May, primarily due to a significant slump in energy-related industries. Petrole...
IPO-bound Laxyo expands operations in Africa; bags Rs 200-crore order in ZambiaIndore-based Laxyo Ltd has significantly expanded its global footprint by securing a substantial Rs 200-crore raise-boring contract in Zamb...
Indian Railways approves Kavach deployment worth Rs 270 crore on 631 route kmsIndian Railways has approved the installation of Kavach, an indigenous automatic train protection system, on 631 route kilometers of East C...
Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...
'No locus standi': India rejects Pakistan President Asif Ali Zardari's remarks as 'absurd' and 'political attack'India has firmly rejected Pakistani President Asif Ali Zardari's recent comments, deeming them "unwarranted" and stating he lacks the stand...
IHG eyes deeper Adani partnership, more hotels at airports across IndiaIHG Hotels & Resorts is eyeing significant expansion in India, aiming to deepen its partnership with Adani Airport Holdings (AAHL) beyond t...
Govt plans financial aid for contractors to provide temporary homes to labourers at project sitesHousing Minister Manohar Lal Khattar announced plans to financially assist contractors for temporary labourer housing at project sites, fun...
Royal Orchid plans to add 50 hotels, betting on local demand boostRoyal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge...
K2 Infragen bags Rs 158.58 crore railway electrification order from Konkan RailwayIn a landmark achievement, K2 Infragen Ltd has been awarded a prestigious contract worth Rs 158.58 crore by Konkan Railway Corporation Ltd....