The increase in bookings has also meant a significant reduction in overall costs for the online travel agencies and a consequent narrowing of losses.
However, the company has claimed its vehicles are 'compliant' with the country's emission norms and that it will 'challenge' the tribunal's order.
From April 2020, manufacturers will have to hike prices of diesel cars sharply to accommodate the costs incurred in the transition to BS VI emission norms, and widening the gap between a diesel and petrol car.
Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.
The move comes after Neeraj Kanwar's reappointment as managing director was rejected by minority shareholders owing to his salary, which increased in spite of a fall in the company's profitability.
With multiple options in the compact sport utility vehicle (SUV) and compact sedan space, the mid-size sedan seems to be losing its charm among customers.
Son's offer to supply free power after 25 years is based on the idea that the cost of running a solar plant would progressively decline while its efficiency would increase.
Navratri and Onam saw flat sales, but industry hopes to turn the corner with a cracker of a Diwali.
Tata Motors, however, will not be able to meet this small demand and keep the Nano alive from October next year, when safety regulations for existing car models kick in.
Scooters, once the fastest growing sub-segment, also declined for the second consecutive month in September.
The data shows the average room rate of two-star hotels increased by 8.5 per cent in FY18, even though it lagged on occupancy at 61.8 per cent, down 1.4 per cent year-on-year
This e-series funding round also makes OYO the most valued hospitality company in the country, ahead of the Tata group's Indian Hotels Company, which owns the Taj brand of hotels, and EIH, which owns the Oberoi brand of hotels.
So far, the current year has not been great for the leading car exporters from India. In the top five list of exporters -- Hyundai, Ford, Maruti Suzuki, General Motors and Volkswagen -- it is only Hyundai which is clocking a growth.
'To become more Indianised we had to be more colourful,' Rahil Ansari, Audi's India head, tells Ajay Modi.
The carmaker has sought 1,292 acres at Industrial Model Township, Sohna, 25km from Gurugram.
The reason for digital and IT interventions increasingly being adopted is not just the change in ways commuters move but also the mode on which this transport moves, says Jyoti Mukul.
Of the 23 million visas processed by VFS in 2017 calendar year, one fifth were in India, making it the company's biggest market.
It expects the Indian market to grow to 10 million units annually by 2030 and it intends to control half the market then, like it does now.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
India is the first country to launch the second generation Amaze and the car has been developed considering the needs and aspirations of Indian customers
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