The promoters of East India Hotels Ltd, owners of the Oberoi brand and the largest hotel chain after the Tata-owned Indian Hotels and ITC Welcome Group, are in advanced discussions with leading corporate houses and private equity firms to divest a strategic stake, possibly 26 per cent.
The roads leading to ITC Maurya Sheraton in New Delhi are lined with men-in-khakhis and police cars.
TripAdvisor released its list of Best Fine Dinning restaurants in India. Read on to find out which restaurants made the cut...
A UK major kickstarts a homegrown hotel chain in India.
The LaLit plans to market its Indian food restuarant Baluchi separately and take it abroad too.
After trading with gains for most of the day, selling pressure in software manufacturer Infosys, cigarette to hotel conglomerate ITC and private lender ICICI Bank pulled the benchmarks lower.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bollywood's A-list stars arrived at the ITC Maratha in Mumbai.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'It has taken us 15 years to get to where we are. It obviously doesn't happen overnight.'
The hotel is equipped with new, clean air technology which promises its guests the cleanest air in the city on par with global standards.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Here's what lies ahead for Obama on Day 1 of his three-day visit:
US President Barack Obama will meet Congress party leaders
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Here's the complete list of which team bagged who, and for how much!
The Terminator star is in India, and seems to be lovin' it!
The country's leading players, including Ravindra Jadeja and VVS Laxman, will go under the hammer in the players' auction for the fifth Indian Premier League in Bangalore on February 4. Besides Jadeja and Laxman, several other Indian and foreign cricketers will be up for grabs when proceedings begin at 11:00 IST at the ITC Royal Gardenia Hotel.
The government has divested stakes in 33 units including 22 hotels of ITC and Hotel Corporation of India since 1999-2000, and there has been an improvement in the performance of most public sector undertakings after divestment.\n\n\n\n
Coke draws up Rs 11k-cr plan to sell frozen fruits, juices. Firm also considering launching frozen Fanta and Coke.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 2011 Indian Premier League Players' Auction proved to be a blessing in disguise for the top cricket stars around the world. A total of 127 players were sold in the two-day auction at the ITC Gardenia hotel in Bangalore, while 12 players were originally retained by the franchises ahead of the auction. Harish Kotian presents a list of auctioned players.
Given the hotel's prime location, it is obvious that there will be some serious bidders trying their luck when an auction is held in the second half of this calendar year.
Marriott has the best breakfast in town. New Delhi airport has the best stores. Kishore Singh on the good, bad and worst among hotels, airports and airlines.
On his arrival, Xi will be welcomed by traditional peformances including 'tappu' folk drum art display at the airport by about 500 artistes.
Domestic wineries have moved from creating predominantly sweet wines in their initial years to drier, complex blends now. They also seem to be investing more in wine tourism.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
R Vignesh is a member of the Institute of Cost and Management Accountants of India in Chennai, appeared on Rediff Chat to answer readers' queries on GST.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It has become old fashioned to be attached to your business.
Among the speakers will be F C Kohli, former vice chairman, TCS, Ajit Balakrishnan, founder chairman and CEO, rediff.com, Prabhakar Raghavan, head, Yahoo! Research, USA, Dr Pandu Nayak of Google, USA, Professor Noshir Contractor of Kellogg School of Management; Professor Vijay V Raghavan of University of Louisiana, Dr Rohini Srihari, CEO, Janya Inc & Faculty, University at Buffalo, among others.
Hit by the recent government diktats on banning smoking in public places, cigarette manufacturing firms are putting up a brave front and are gearing up to cope with the revenue loss. While companies like Godfrey Phillips have put up 'no-smoking' posters in their offices and removed ash-trays, lighters from their premises, others like ITC and the Indian Hotel Association have sought relief from the Supreme Court.