In a second attempt to take control of Orient Express, Indian Hotels on Thursday made $1.86 billion offer to acquire the international luxury hotels operator.
Defence Minister Rajnath Singh on Thursday called upon the top military brass to analyse the conflicts in Ukraine and Gaza as well as the current situation in Bangladesh to "predict" any future problems and stay prepared to deal with the "unexpected".
Raising the taxes on the super-rich will not solve the fiscal consolidation problem, but will definitely help.
Firm's board expected to meet by Thursday to take a call on the offer.
Offer valued at $1.86 bn comes 5 years after Bermuda chain rebuffed Indian Hotels.
'It's a struggle for everybody, even established people are struggling.'
As the show inches towards its grand finale on August 2, finalists Ranvir Shorey, Sana Makbul, Naezy, Kritika Malik, and Sai Ketan Rao have their eyes set on the prize.
Orient Paper & Industries Ltd plans to offer preference shares worth Rs 200 million.
It will expand their footprint radically, give them a huge presence at the top end of the market, and reduce their dependence on India.
'INDIA will easily cross 50 seats out of 90 in Jammu and Kashmir.'
Terming the Budget as growth-oriented, Prime Minister Manmohan Singh on Thursday said that to find a solution to the ills plaguing the various sectors, the Union Budget 2004-05 proposes to give a boost to agriculture, industry and social and physical
'These are the two core skill sets that are required for any job, in any profession.'
The claim comes against the cancellation of the match due to heavy rains.
Emily In Paris Season 4 offers more drama, high fashion, scandal and chaos to keep you entertained, observes Divya Nair.
The latest talisman for the England skipper's journey into Eastern mysticism is a new pair of boots.
The Urban Development minister was speaking at a conference organised by the Royal Institute of Chartered Surveyors.
Despite the uncertainty surrounding the Indian Premier League (IPL) dates, public sector insurer Oriental Insurance Company (OIC) is close to finalising a Rs 400 crore 9Rs 4 billion) for the mega event.
Find out whether the fund is equity, debt, or hybrid oriented. 'Understand the portfolio composition and whether it suits your risk appetite and horizon.'
Finance Minister Nirmala Sitharaman's Budget proposals lay out a comprehensive road map for transforming India into a developed nation, focusing on key priorities that aim to generate ample opportunities for all citizens in "Viksit Bharat". It sets the stage for sustained economic growth, social development, and technological advancement.
Gen Z, don't shy away from expressing your ideas, and millennials, be receptive to new perspectives, suggests Sonica Aron, founder of the HR consultancy firm, Marching Sheep.
Mutual fund bets in their own schemes are nearing the Rs 1 trillion mark. The total value of sponsor and associate investments across all categories of schemes touched Rs 95,058 crore in February, according to a Business Standard analysis of data from industry body the Association of Mutual Funds in India (Amfi). This represents a 28.9 per cent increase over March 2023.
K Ramkumar, Executive Director of ICICI bank hits out at the abysmal standards of today's B-schools
UltraTech Cement's announcement that it would snap up a controlling stake in India Cements may only be a sign of more to come. In the wake of one of the country's most expensive deals in recent times, cement majors may slug it out to add smaller firms from the region to their portfolio. UltraTech's buy is the latest in the four deals the southern market has seen in less than a year, with Adani Cement being the other buyer.
The crisis-ridden Global Trust Bank would be merged with Oriental Bank of Commerce, RBI said on Monday.
Oriental Insurance Company has turned around with a net profit of Rs 64 crore (Rs 640 million) last fiscal, and targets to achieve about 10 per cent growth in premium income during 2003-04.
'Indian investors have always been debt-heavy but with growing financial awareness they are getting comfortable with equities.'
The high commission of India in Dhaka and the assistant high commissions in Chittagong, Rajshahi, Sylhet and Khulna have been assisting in the voluntary return of Indian nationals, he said.
Terming "unproductive" the public dialogue between the Tatas and Bermuda-based Orient-Express, a key investor has asked the US-listed luxury hotel chain to come clear on its corporate governance structure.
The British Council in India provides a UK pre-departure orientation for students heading to the UK.
The Budget is commendable, as without making any major tax changes it has targeted a 4.6 per cent fiscal deficit for 2011-12 by focusing on achieving 9 per cent growth.
"Our primary focus of foreign policy is increasingly moving towards the South Asian nations," Australian High Commissioner to India John McCarthy said.
Domestic macroeconomic data announcements, global trends and trading activity of foreign investors would guide market sentiments this week, analysts said. After a record rally, markets may face volatile trends this week amid elevated valuations and investors would also keep a track of global oil benchmark Brent crude and rupee-dollar movement for further cues. "Potential volatility in the stock market is anticipated this week. Elevated valuations remain a concern, with investors now focusing on monsoon progress and its impact on the rural economy.
Tata Group on Wednesday accused the management of a US-listed luxury hotel group of a "fossilised frame of mind" for suggesting the Indian group's hotel chain would be an unsuitable strategic partner, and has demanded a public apology.
Stung by the US super luxury hotel chain Orient Express' rebuff to be associated with the Tatas-owned Taj Hotels, the Tatas on Thursday shot off a letter to the American company's alleging its posture was "libellous".
The world's largest steel company ArcelorMittal, led by India-born Lakshmi Mittal, on Thursday said it will acquire a majority stake in steel maker China Oriental Group for about 6 billion Hong Kong dollars.
In a scathing attack on Prime Minister Narendra Modi, former prime minister Manmohan Singh on Thursday accused him of lowering the dignity of public discourse and the gravity of the office of the PM by giving "hateful speeches" during the poll campaign.
'When you are new, you don't know how the industry works'. 'But when you know where you are headed, the possibilities of being conned or facing unpleasant instances is reduced.'
Dubai Holding, an investment firm of the Dubai government, has threatened to come out with an open offer for Orient-Express Hotels if the Tata group acquires a significant stake in the hotel chain. This comes exactly a month after the Tata group's Indian Hotels Company bought 10 per cent and expressed interest in striking a deal which was turned down by Orient-Express.
Udyan Utsav-I 2024 at Amrit Udyan at Rashtrapati Bhavan will be open for the public from February 2 to March 31, except on Mondays.
'I need to disconnect from the stress, smell the roses, chase the butterflies...'
