The lease term of the Taj Palace Hotel, owned by the Indian Hotels Company, will expire on April 1, 2013, and it must settle a dispute with the Delhi Development Authority over the quantum of licence fee for a smooth renewal.
Conversion of land for non-agricultural use needs permission.
The net leasing of Grade-A commercial office space in India will stagnate this financial year at 32-34 million square feet, with global uncertainties brewing caution among key tenant categories, according to the latest Crisil Ratings report. Major seven cities in India - Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune - had Grade-A office space with an operational stock of around 705 million square feet as of March 2023. India's commercial office space is dominated by technology companies, with information technology (IT) and IT-enabled services (ITeS) companies occupying 42-45 per cent of the operational stock.
Several Aam Aadmi Party leaders, including Manish Sisodia and Sanjay Singh, hit out at the BJP government at the Centre, saying agencies are targeting those who raised their voice against the ruling party.
Polaris Software Lab Ltd entered into a partnership with Deutsche Leasing, German leasing firm, for movable assets.
'The Indian government is better prepared this time and has reached out to all contenders and not putting all eggs in one basket.'
On May 28, following the bomb threat, which later turned out to be hoax, all the passengers were evacuated through emergency slides from the aircraft at the Delhi airport.
Air-India is planning to acquire six long-range aircraft on lease to meet its route expansion demand. The national carrier will also acquire three more aircraft on lease for its low cost airline Air-India Express.
'If democracy does not exist, if there are no political spaces, there is no media, there is no civil society, what do we rejoice?'
The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.
Reacting to widespread criticism of the land lease decision, Mir said the decision to lease out 550 kanals of land in the Gulmarg tourist resort had been taken by the state cabinet headed by chief minister Ghulam Nabi Azad.
The Centre has issued a fifth draft notification to declare over 56,800 square kilometres of the Western Ghats across six states, including 13 villages in Kerala's landslide-hit Wayanad, Ecologically Sensitive Area (ESA), inviting suggestions and objections within 60 days.
The Himachal Pradesh government is understood to have cancelled the land lease of yoga teacher Ramdev's Patanjali Yogpeeth sanctioned by the previous Bhararatiya Janata Party regime.
Jet Airways (India) Ltd has defaulted on lease rentals of its Boeing 737s, highlighting the financial difficulties faced by the airline.
A 12-15 per cent growth year-on-year would be sustainable and around 35-40 aircraft would be required to meet this demand, Keskar said, adding a sizable chunk of these aircraft would be leased ones.
RBI capped the gold lease period at 90 days under the direct import route.
The Telecom Regulatory Authority of India has sought a reduction in both international and domestic leased line circuit prices in the country, which is market-driven and in line with the supply and demand situation.
Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.
Sharing details about the decision, tourism minister Jaivir Singh said the tourism department would provide the company land for the international-level museum on a 90-year lease for a token amount of Re 1.
Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC). In a release, the airline said the transaction was facilitated by its wholly-owned subsidiary AI Fleet Services Ltd (AIFS) and is also the first financing transaction from the orders for 470 aircraft that were made earlier this year.
According to Russian journal Vedomosti, the agreement was made when Prime Minister Narendra Modi met Russian President Vladimir Putin in Goa BRICS summit.
The consortium will use money from commercial development to pay off Rs 5,000-crore debt (Rs 50 billion).
IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads.
These facilities will accommodate 3,500 employees, who will be moved to the two company-owned campuses.
Air India plans to induct all these 19 aircraft between this fiscal to March 2018.
'In India, managers and the leadership almost glorify overworking.'
'In this assembly election, Muslims here will vote for one who works, but also one who safeguards their identity.' 'Their existence is more important they feel, than a faulty light meter. So yes, a Muslim representative will make a difference.'
JLL had shortlisted over 10 developers and Embassy was selected after a long due and rigorous process of due diligence.
Residential sales have declined 60-70 per cent in Mumbai due to high property prices and rising interest rates.
Turkish Airlines is the national airline of Turkey and has already taken four Boeing 777 aircraft on lease from Jet Airways.
The chances of former workers getting jobs depends on the model under which Ford would restart its Chennai plant operations -- under Ford India or as a joint venture or under any other model.
The city's landmark five-star Taj Mahal hotel, popularly called the Taj Mansingh after the road it's situated on, is likely to get yet another lease extension.
India's financial sector is dominated by large government-owned and private-sector banks.
'The Indian retail landscape is poised for a significant shift with the anticipated arrival of several prominent international luxury fashion brands in 2024.'
The airlines is in talks with Oman Air and Etihad.
The rise of startups and a thriving entrepreneurial culture in Tier-II and Tier-III cities is contributing to the increasing sales of high-end cars.