Analysts say hotel room rates in India are among the highest in the Asia Pacific, rising by 20 per cent annually.
The global consultancy firm PricewaterhouseCoopers is foraying into custom-made software and IT implementation services to tap the booming organised retail industry in India.
India is set to add 10,000 budget hotel rooms in the next two years in response to the burgeoning demand for low-cost accommodation across the country.
As many as 40 international universities have sought land from the Maharashtra government in the Mumbai-Pune-Nashik belt for the purpose.
Companies seeking to tie up with nationwide pharmacy chain.
The group is planning to make a foray in this hitherto unorganised sector by establishing a greenfield still (distilleries dedicated to cashew and coconut Feni) in Goa and to promote the product all across the country.
Sarovar Hotels, a multi-brand hotel management company in India, is foraying into the West Asia, for which it has signed deals for three-star and four-star hotels in Dubai and Muscat.
Elder Pharmaceuticals, one of the fast growing pharmaceutical formulation company, is getting ready to make its maiden overseas acquisition.
Stem cell research major GlobalStem in talks for a strategic alliance.
The Rs 900-crore (Rs 9 billion) Alkem Laboratories and the leading US pharmaceutical and research company Oculus Innovative Sciences Inc are planning to set up a 50:50 joint venture in India
State-owned banks simply cannot match the compensation packages paid by their newer private sector counterparts.
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