The project has been delayed by three years, after a consortium of Port of Singapore and ABG Ports, which had won the bid by offering to share more than 50 per cent of the revenue with JNPT, backed off from the project, citing several reasons.
Sectoral players feel addition of rooms could hit earnings.
The lease extension for the property expires in October.
The agency had "almost finished" its probe into the matter, which involved Dravida Munnetra Kazhagam leader and former telecom minister Dayanidhi Maran, an official said.
Govt went against its own recommendation of Jun 20, 2007, where along with the 2 Jindal companies, it wanted 40% coal block to go to Lanco.
The decision was taken at a council meeting on Thursday after the home ministry wrote to the civic body to cancel the company's first right of refusal.
Even as the Uttarakhand floods are being referred to as man-made disasters, experts say such disasters are waiting to happen at places like Ooty and Munnar.
While company would hold on to prices for now, hike likely by end of 2013
Travel companies, seeing massive cancellations, are now advising tourists to visit these destinations in August.
Travel companies are reducing the number of days from packages to make it more affordable for globe trotters.
The CBI had registered a case against former telecom minister Dayanidhi Maran, his brother MP Kalanithi Maran, Malaysian business tycoon and Maxis owner T Ananda Krishnan, and Maxis Director Ralph Marshall in October 2011.
Travel companies have been seeing cancellations and enquiries on safety issues are piling up.
With Ju-C, the beverage maker launches a price war in the fruit juice space.
Experts indicated the Indian hospitality companies were too quick to push the panic button and cut rates, impacting the ability to do business.
The Aircel-Maxis case is among 140 pending letters rogatory.
Temptations inc;ude wooden hangers, stationery, bathrobes, slippers, laundry bags, ashtrays and coasters.
The hotel brand goes by the 'great value, great savings' tagline.
For a contiguous plot, the company may need to pay almost three times more for 40 acres at Hansalpur.
The project involves dredging the stretch of water between Tamil Nadu and Sri Lanka to make it navigable for ships.
Kempinski has debuted in Delhi's Shahdara area with a 480-room property, which it claims is the highest room inventory for any single property in the capital.