Having dominated the summer placement scene at IIMs, companies like McKinsey, Boston Consultancy Group and UBS showed up for the first time for placements at IIT Bombay.
MoU for three-star hotels on the cards.
Analysts say hotel room rates in India are among the highest in the Asia Pacific, rising by 20 per cent annually.
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.
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.
State-owned banks simply cannot match the compensation packages paid by their newer private sector counterparts.