Sahara group has been engaged in a legal battle with Sebi for long over raising Rs 24,000 crore (Rs 240 billion) from investors.
Merely stating that parking was 'at owner's risk' would not absolve the hotel of its liability.
Fortune Financial Services India Ltd said JHM Hotels Inc is making an offer to the public shareholders of Gujarat JHM Hotels Ltd to acquire 21,90,999 fully paid up equity shares of Rs 10 each.
'Had they agreed to our demands that we raised two years ago, we would have never started our agitation again.'
With the global weakening of dollar against the rupee making a dent in revenues, hotels across the country have decided to charge their domestic and international customers in rupee.
The recent Hotel Price Index report by Hotels.com showed that three Thailand cities -- Bangkok, Phuket and Pattaya -- are in the top 10 destinations explored by Indian travellers in the last two years.
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
Delhi Chief Minister Arvind Kejriwal says surge pricing is daylight robbery and no responsible govt can allow that.
Fight the high season and ridiculous prices with these simple and easy travel hacks.
Corporate clients form more than half of the business for most branded hotels, especially in cities.
Popular doesn't always mean best. Here's why.
Though prices of airline tickets have risen over the previous two quarters, this hasn't dampened customers' spirits.
Proprietors Yadgar Marker and his daughter Phiroza launched a "Save India Club" appeal as they fought to keep it going but have now announced its impending closure.
Centre working on open-ended lease agreement to enablesale of property at the end of the agreement period
It is said that Burj Al Arab is the most luxurious hotels in the world. For starters, the prices of rooms vary from $1,000 to $27,000 per night! It is also described as 'the world's only seven-star hotel.
Travel agencies are blocking inventory with the hotels for the last minute travellers as supply is getting dried up.
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
The inquiry will bring under a scanner Arun Shourie, the then disinvestment minister, and Bharat Hotels Chairperson Jyotsna Suri.
A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.
Jasminder Singh, one of Britain's richest Asian businessmen, has bought the prestigious Inter Continental May Fair London hotel at a cost of pound 115 million.
In this interesting case filed by the petitioner against the Taj Hotels, the National Commission gave an equally interesting judgment.
India is set to add 10,000 budget hotel rooms in the next two years in response to the burgeoning demand for low-cost accommodation across the country.
While Mumbai (including Navi Mumbai) registered the highest average rate (Rs 7,105), Goa had the highest revenue per available room at Rs 4,778.
ITC's results for the January-March quarter (Q4) were strong, with robust growth in the fast-moving consumer goods (FMCG) segment and a good performance in hospitality. The tobacco division's performance was on expected lines, with double-digit volume growth, helped by reclaiming of market share from the smuggled trade. There was 60 per cent growth in non-cigarette earnings before interest and tax (Ebit), despite a relatively weak performance in paperboards.
Reports said that the two hotels can fetch up to $1 billion.
All you need to do is bid your price and win a one night stay at the Singapore Ibis Hotel.
The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.
Sectoral players feel addition of rooms could hit earnings.
Aggregators provide standardised amenities and predictability of services, whereas online travel agents give wider choices and packaged travel deals.
Havelock should be your destination for 2024. It is love at every sight!
The rooms will be priced between Rs 1,000 and Rs 1,400, based on the location, and will provide a basic room and dining service, gym and a wi-fi connection.
The company divests from properties abroad to focus on its key markets.
Top pistol shooter Ankait Tomar was removed from the Indian contingent bound for the ISSF World Championships in Baku a week before its departure because of a "minor scuffle with a fellow shooter", said his father on Sunday.
Petroleum and oil marketing companies raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit with immediate effect from Wednesday.
Tourism in India is the largest service industry.
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