While DB Realty sent out an official statement early evening, Unitech did that much later.
Oberoi Hotels on Tuesday inaugurated its first luxury hotel there, right next to the Trident property, under a management contract with Orbit Resorts.
Among the various ways being considered by the central government to raise Rs 5,000 crore (Rs 50 billion) from tax-free bonds for shipping ports, one is to allow major ports to themselves issue these.
With Indian travellers getting more eager to venture out in the uncharted territory, travel agencies are offering attractive discounts on several such unheard-of destinations.
Indians have been travelling to the "land of the rising sun" in large numbers, especially for business, thanks to the close ties with automobile and engineering companies.
Companies prefer to set up their own guest houses rather than paying huge tariffs at luxury hotels.
This will be MGM's first destination in India, and it expects to be ready by early 2014. There won't be any casino here, though.
Creating a new image for the client concerned, while making him disappear from the public domain for some time, are among the strategies that often work.
Travel agencies are blocking inventory with the hotels for the last minute travellers as supply is getting dried up.
Today, 45 per cent of India's trade is trans-shipped over other regional ports such as Colombo, even as India's container cargo is growing by 15 per cent every year. The development of a trans-shipment hub within the country would definitely help India's trade and accelerate its growth.
As Partha S Bhattacharyya steps down as CMD, the search for a successor is being keenly watched.
Plans 'complete' agricultural solution in mining areas
At present, the auto sector accounts for about 60 per cent of India's current machine tool demand.
Tata had signed a memorandum of understanding with Bangladesh in 2004 for one of the largest foreign direct investment in that country.
At a time when Emami Ltd is hitting the headlines with news on acquisitions and foreign ventures, Aditya V Agarwal, a director and one of the younger scions of the group, shares his thinking with Shine Jacob.
The development holds bilateral significance, as both India and Bangladesh had decided to improve economic ties in a 'win-win' mode during Bangladesh Prime Minister Sheikh Hasina's visit earlier this year.
As Air Force One landed in India's financial capital with promises of bonding between the United States and the country in many sectors, one of the key people missing from Barack Obama's 200-member business delegation was, The Dow Chemical Company chief.
Last week, the Indian markets were all about coal. However, amidst the hype over the debut of Coal India Ltd (CIL) on domestic bourses, what was mostly overlooked was the brand new logo of the world's largest coal miner.
Hotels in the Capital are in for some tough times, with the Commonwealth Games not fetching many customers and the government releasing a large part of the inventory that it had earlier reserved for the event.
The sponsorship money in the bag is a tad over a quarter of what the organisers of the games had projected.
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