'While the concept was introduced globally over four decades ago, branded residences have taken off now in India.'
India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.
'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'
Mukesh Ambani-controlled Reliance Industries Limited is in talks with city-based industrialist Harshvardhan Neotia for making an entry into the retailing sector in West Bengal.
The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.
In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background.
Suvaprasanna, considered close to ruling Trinamool Congress in West Bengal, allegedly sold a television channel he owned to Saradha Group chief Sudipta Sen, now in jail custody.
Groceries, apparel, computers, phones and sporting accessories are among the most popular. There is also a growing trend of men visiting the store, rather than women.
Birla was the chairman of Century Textiles and Industries and had been active in business since the age of 15. He was instrumental in a slew of business initiatives, starting with his stint as the chairman of Kesoram Industries.
Taking a cue from their Spanish co-owners and UEFA Champions League finalists Atletico de Madrid, the Kolkata franchise for the much-anticipated Indian Super League was named Atletico de Kolkata on Wednesday.
There were concerns among industrialists about direct land acquisition after the present government stated it would not acquire land anymore for industry.
The transaction value has not been disclosed, but the stake sold is valued at Rs 185 crore (Rs 1.85 billion) at on Thursday's close of Rs 153.65.
'Raghuram Rajan's contribution to the country's economy is "exemplary" and he would always be remembered for his outstanding work.'
Inflation may come down to RBIs projections, if it does not we will have to take steps, RBI deputy governor K C Chakrabarty said on the sidelines of an event organised by Confederation of Indian Industry and Suresh Neotia Centre of Excellence.
A high-level meeting, attended by Prime Minister Narendra Modi, on Saturday discussed ways to make the Somnath temple complex in Gujarat more attractive for tourists and create the related infrastructure for the purpose.
Former CII president R Sashsayee, Jamshed Godrej of the Godrej Group and Suresh Neotia, Chairman of the Gujarat Ambuja, will be among the small group of industrialists meeting the prime minister. Besides the Satyam saga, the World Bank has initiated action against five Indian entities, including Wipro Technologies, for violating the guidelines of the multilateral lending agency on checking fraud and corruption.
The Cabinet's decision to auction 3G spectrum in January next year will give a fillip to investments in port, power, telecom and roads in the next 12-18 months, deputy Planning Commission chairman Montek Singh Ahluwalia said.
Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers.
Sourav Ganguly on Monday raised Rs 16.5 lakh for the liver transplant of a Siliguri boy by auctioning his bats.
The deal price of Rs 138.65 a share is 32 per cent higher than the Rs 105 a share that Holcim paid in January.
Football legend Pele tells defending Indian Super League champions Atletico de Kolkata to always respect the opponent.
Mamata woos industry with boat ride to Gangasagar, Sundarbans
The mandate will help further the development agenda in these states, with good governance and policy reforms taking centrestage
"People in India are benefiting from the whole process of liberalisation," Finance Minister Arun Jailtey said.
A 20-member delegation of leading industrialists, including Harsh Neotia, Sanjay Budhia, Sanjay Agarwal and Utsav Parekh, are also accompanying her on the trip.
The members of the victorious inaugural Indian Super League Football Championship Atletico de Kolkata (ATK) were felicitated by West Bengal government.
Business chambers now inviting start-ups for membership.
Senior journalist Ram Bahadur Rai, former news editor of Hindi daily Jansatta, replaces Chinmaya Gharekhan.
Economy grew at 7.9 per cent in the fourth quarter of 2015-16 taking the overall GDP growth to a five-year high of 7.6 per cent in the fiscal, mainly on account of good performance of manufacturing sector.
Implementation of GST is expected to increase the gross domestic product of the country.
'The rate cut could have been higher in the current economic conditions which would have had a stronger impact on business sentiment and spurred investment in a big way.'
The trust has around 35 kg of gold and will deposit the gold which is not in day-to-day use of the temple.
Indeed, Prime Minister Narendra Modi, who as Gujarat chief minister was considered close to certain business groups and industrialists, has hardly been seen with any Indian business head.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
In 2015, India's domestic aviation market clocked 81 million flights.
'GST will bring in much needed transparency and higher investments in the coming years and we hope that a few percentage points to India's GDP.'
The manufacturing sector during the fourth quarter recorded a growth rate of 9.3 per cent while the farm sector grew at 2.3 per cent.
Museo Camera, tucked away in a basement in Gurgaon, has over 500 cameras of all vintages as well as 20,000 silver prints
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances