ITC stock slipped over 4 per cent on Thursday (February 8) after British American Tobacco (BAT) said it could sell some of its stake in the company, recovering partially in trade. The stock of the cigarette-to-hotels conglomerate traded at Rs 420 levels, rising 1.3 per cent in intraday deals as compared to the S&P BSE Sensex that traded flat for most part of the day. The development, meanwhile, saw Jefferies downgrade the stock to 'hold' from 'buy' earlier with a target price of Rs 430, down a huge 17.3 per cent from its earlier price target of Rs 520.
A three-member committee conducting inquiry into alleged manipulation of the blood samples of the juvenile driver involved in the Porsche car crash on Tuesday visited the Sassoon General Hospital in Pune, and also met the police officials who are probing the case.
The ECI data covers 20,421 bonds worth Rs 12,769 crore. The ADR data, however, collated information on 27,811 bonds worth Rs 16,492 crore. The gap is nearly Rs 4,000 crore and involves over 7,000 bonds.
An online company would show a particular price to the customer and then quickly increase the cost after analysing consumer behaviour or detecting any kind of desperation.
Explore, engage, participate and excel in as many co-curricular activities and hackathons as possible to improve your self-confidence, communication skills and overall personality, advises rediffGURU Chocko Valliappa.
During the Diwali week (November 10-16), airfares on major routes across the country have surged by up to 44 per cent.
The company's growth is fuelled by its success in China with presence in 337 cities with over 500,000 rooms, followed by growth in Indonesia with presence in 80 cities and over 20,000 rooms and other regions in Asia
"Public does not who 'Kharge Pharge' is. Even I don't know he was the president of Congress. Nobody knows him. Masses don't know him. The public knows Nitish Kumar. Nitish Kumar should become prime minister. He is popular all over India," Mandal said.
The company operated chartered flights from London Gatwick and Manchester airports to Goa between November and March and its closure will adversely impact local tourism.
'Customer expectation and need was quite limited when we started in 2013.' 'Now the expectation is little more and a lot of hard work is needed again.'
Sandesh Jhingan, upon his arrival at the airport in Doha, said, 'No group in the Asian Cup is easy. Of course, we've got Australia, and they need no introduction. But what we have learned in the last few years is that we must never fear any opposition.'
'Companies like Tesla and others have been given a long rope in India.'
Delegates of International Cricket Council (ICC) and Cricket West Indies (CWI) have started a second inspection of the venues in the Caribbean and in the USA ahead of next year's T20 World Cup.
Sanjeev Khanna stepped out of his usual sort of absent-minded personality to actively 'log into' the hearing, following the testimony alertly, at times standing up in the accused box to catch all of what was being said. His co-accused Peter Mukerjea and Indrani Mukerjea were less attentive, but were not switched off either.
It bought Rs 410 crore of electoral bonds between financial years 2021-22 and 2023-24, but Reliance said the company is not a subsidiary of any Reliance entity.
Berggruen Hotels, promoted by US investment firm Berggruen Holdings, on Tuesday said it will invest Rs 1,100 crore (Rs 11 billion) over the next five years to build 38 'Keys' brand budget hotels comprising about 4,500 rooms across India.
Popular doesn't always mean best. Here's why.
Joe Biden, seeking a second term in the White House, stumbled in his first televised presidential debate with his predecessor Donald Trump, setting off alarm bells among top Democrats about whether the incumbent President can stay atop in the gruelling months ahead of the elections.
Qwik Supply, the third largest donor to political parities using electoral bonds, bought Rs 410 crore bonds between 2021-22 and 2023-24, and gave all but Rs 25 crore to the BJP.
Corporate India is busy restructuring - through mergers, demergers and splits. That seems to be the new normal as CXOs and boards brainstorm on how to create assets and value. The pitch rose significantly during the third quarter of this financial year (FY24), translating into $32.9-billion worth of such deals - the highest quarterly total since the HDFC Bank-HDFC merger announced in FY22 Q2.
The renovations at the old hotels will be complete in two and a half years and tariffs will range between Rs 2,500 and Rs 4,000
Mussavir Hussain Shazib and Adbul Matheen Ahmed Taahaa were traced to their hideout near Kolkata and apprehended by an NIA team, they said.
The red-shingled, colonial-style Capella is a five-star hotel on the Sentosa island, which boasts several resorts, hotels, two golf courses and a theme park.
Merely stating that parking was 'at owner's risk' would not absolve the hotel of its liability.
The highly anticipated historic G20 Leader's Summit begins on Saturday, September 9, in New Delhi.
The company divests from properties abroad to focus on its key markets.
Marriott now has 30 brands globally with over 5,700 properties in over 110 countries
Given the expectations of growth in the packaged foods segment, the company seeks to become a Rs 1-trillion FMCG business by FY30.
Luxury hotels major Jumeirah Group is in talks with a number of potential partners to enter India, according to a media report.
Prime Minister Narendra D Modi had a typically hectic schedule soon after his arrival in the United States as he met with thinkers, businessmen and members of the Indian diaspora in New York City.
Practise a mock test every two to three days. Don't start learning or attempting anything new, advises rediffGURU and CAT expert Aashish Sood.
The tourism industry plays a vital role in the town, accounting for 70 per cent of its economy, according to experts.
When its founder, Raghunandan Kamath, took a calculated risk, his Bollywood customers backed him all the way, say Rohith Potti and Pooja Bhula.
Hospitality chains are hosting dual brands on one property, looking for operational efficiencies without diluting their brands, says Shivani Shinde Nadhe.
Prime Minister Narendra Modi and Australian Deputy PM Richard Marles will be among the key personalities who are expected to attend the ICC Cricket World Cup grand finale
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
With South East Asia becoming a hub for tourists both from India and the west, the Taj Group of hotels on Friday said it will manage an exotic island resort in Malaysia to set up its presence in one of the region's key destinations.
The witness, who worked at a hotel in Madhya Pradesh's Indore, had in his statement to the Anti-Terrorism Squad claimed that he had booked rooms for the accused in the case.
Marriott-Starwood, Carlson Rezidor and others are winning the tug-of-war for customers with local hotel chains as they add new properties at a breakneck speed.
Located between two of the most vibrant neighbourhoods in New York, Chelsea and the Meat Packing District, the avant-garde, lifestyle hotel offers 316 guestrooms, multiple innovative dining venues, an expansive rooftop lounge, a beach club and extensive fitness facilities with spa services.
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