Industry analysts suggest that the revision in Mumbai and Delhi could be up to 25 per cent. At destinations such as Goa and Kerala it could be as much as 30 per cent.
Declining sales and sliding margins are compelling two-wheeler makers such as Bajaj Auto, Hero Honda and TVS Motors to rejig strategy, to cope with the slowdown.
With the global weakening of dollar against the rupee making a dent in revenues, hotels across the country have decided to charge their domestic and international customers in rupee.
There are approximately 300 million domestic travellers each year and this number is expected to grow by 10-15 per cent every year.
At a time when the automobile industry is eyeing a market of 2 million cars by 2010, various automobile projects of industry majors, including Tata Motors and Mahindra and Mahindra, are running behind schedule.
Increased allocation to the higher and technical education sector would mean more funds to revamp the university education system and lay a thrust on technical education.
The Domina Hotel Group, Italy's largest hotel and resort operator, will start operations in India in the next two years.
Tata Motors sells Indica and Indigo cars, pick-up trucks and long-haul high capacity trucks that are exported to SA through its subsidiary Tata South Africa.
The financing arm of the $4.5 billion Mahindra Group, Mahindra and Mahindra Financial Services Limited, is now looking to tap overseas markets with possible ventures in the US and South Africa.
Education institutes are using a new technique - search engine marketing - to spread awareness about their programmes and to create a niche for themselves in the students' minds.
AICTE to seek states' help to close institutes.
India has a shortage of 150,000 rooms and the government hopes this will create additional 7,000 hotel rooms for events like the Commonwealth Games, scheduled in New Delhi in 2010.
Harvard will now study the civic ills of Mumbai and Delhi. But will any good come of it?
Monsoon tourism, as it is known, has performed beyond the expectations of tour operators, garnering a 50 per cent increase in both in-bound and out-bound traffic.
Tatas have a presence in Korea following the acquisition of Daewoo's heavy commercial vehicles business some years ago.
The National Knowledge Commission is setting up an online network that will enable college students to access study material and connect with institutions and faculty members from around the world by the year 2008.
After Reliance Industries and the Aditya Birla Group, the Tata Group is poised to become the next big name to feast on the burgeoning food retail sector.
The room rate for the presidential suite, spread over 12,000 sq ft and with an exclusive entrance and a private elevator, is exactly double that of most other expensive suites in India.
The demand may increase due to the untapped potential.
Sahara India Pariwar, a major player in the infrastructure and housing sector, is planning to build a five-star hotel in Lucknow. The company has plans to build a hotel in each of its 217 Sahara City homes.
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