DLF defends itself and Vadra

DLF, the company under the cloud due to its not-so-transparentbusiness relations with Robert Vadra, hascome out with its defence. The four-page long defence isto help take the pressure off from......

Modi event made us stronger: Hoteliers

The Modi imbroglioIndians in US must create lobbyStung by the denial of visa to Gujarat Chief Minister Narendra Modi to address its annual convention and the consequent withdrawal of sponsorships,......

Hotels see demand boom, but struggling to hike room rates

Hoteliers are tweaking their pricing strategies to adjust to the new stickiness in the market. It’s been the best of times for luxury hotels in 2017-18. After many years, demand has started......

Domestic travellers are high rollers at Indian hotels

The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors   Indians are travelling more and their......

India's hotels business: 'Lots of Chinese capital will come in'

'Jin Jiang had invested in Louvre Hotels.''Louvre, a couple of months ago, took a majority in Sarovar hotels.''So they are coming in now.''Look at the Chinese -- two quarters ago they took 25......

Rajaratnam's brother charged with insider trading

The younger brother of jailed hedge fund manager Raj Rajaratnam has been charged by US prosecutors with conspiring in an insider trading scheme to cheat on Wall Street and earn nearly $1.2 million......