Orient Craft Ltd, one of India's largest garment and apparel exporters, plans to to raise between Rs 250-350 crore (Rs 2.5-3.5 billion) from the capital markets in the first half of 2007, to fund its proposed expansion drive.
Following a 434-run victory against England at Niranjan Shah Stadium in Rajkot on Sunday, former skipper Michael Vaughan took to social media and said that England's performance is a "wake-up call" that they cannot play in one particular way against quality teams.
In a reply to Tatas' proposal for a possible association, Orient-Express, which owns New York's prestigious Club 9 Restaurants and a number of luxury hotel brands in the US and other countries, said in a statement that aligning with Tatas' "predominantly domestic Indian hotel chain" would adversely impact the brand value of its premium properties.
US-based luxury hotel chain operator Orient Express has brought on its board an Indian-origin restaurant business entrepreneur Harsha V Agadi as an independent director.
The HC directed the government to file a "complete report detailing the type of medical exam conducted through video conferencing, and all other findings".
'On October 12-13, he started shivering from fear in his tent.' 'That was the time he wrote a letter to my mother to conduct Ganeshji's Atharvashirsha.' 'The moment he finished writing that letter, he told us, he felt serene calmness.'
It's tough to find two cricketers who are so different from each other yet so closely intertwined by the same thread of fate as Virat Kohli and Rohit Sharma.
Ramalingam Kalirajan explains the pros and cons of both investment types.
'I am always rocking.' 'I am a rockstar.' 'That's the way the world will always see me.'
After facing significant flight disruptions recently, Vistara CEO Vinod Kannan on Thursday told the airline staff that the "worst is behind us" and operations have already stabilised. Pilot woes have forced the Tata Group airline to temporarily cut down capacity by 10 per cent or 25-30 flights daily. While acknowledging that things should have been planned better, Kannan said it has been a "learning experience".
A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.
Publicly available data concerning the North American properties of both the hotel chains showed that Orient's average room rates were "meaningfully" below those of Taj's properties. Also, as per the latest financial statements, the trailing 12 month EBITDA margin of Indian Hotels was around 15 per cent higher than that of Oriental, Tatas said.
On Saturday, November 25, 2023, Admiral Radhakrishnan Hari Kumar, the chief of the naval staff, reviewed the passing out parade of the autumn term 2023 at the Indian Naval Academy in Ezhimala, Kerala.
This acquisition may be a precursor to an association with Orient-Express, which owns or part-owns and manages 35 hotels in 25 countries.
The setting up of STEAG is part of the Army's efforts to develop technologies considering the future battlefield, they said.
Ace designer Narendra Kumar showcased his collection on Day 5 of Kolkata Fashion Week (KFW) II.
Despite declining by three percentage points in 2022-23 (FY23) compared to FY19, Odisha's unemployment rate remains higher than the average in India.
In an attempt to allay concerns of the US-based hospitality chain, Indian Hotels Co Ltd vice-chairman R K Krishna Kumar, in a letter to Lovejoy, said the Tata group firm would like to engage in a constructive dialogue.
'Ganguly said India have picked a balanced squad for the T20 World Cup which has the wherewithal to land the trophy after a gap of 17 years.'
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
The top court said a considerable amount of direct control is exercised by the client over the manner in which an advocate renders his services during the course of his employment.
'There is uncertainty regarding job opportunities for our children after they serve for just four years under the Agnipath scheme.'
'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'
Retail investors now own a larger share of smallcap companies than they did a year ago, thanks to their conviction in mutual fund (MF) schemes focused on this segment. Data from Capitaline shows that MFs' average holding in the National Stock Exchange Nifty Smallcap 250 Index stood at 9 per cent at the end of the October-December quarter of 2023-24 (FY24), up from 7.76 per cent in the same quarter of 2022-23.
Six Himachal Pradesh Congress MLAs who voted against party nominee Abhishek Manu Singhvi in the Rajya Sabha elections, along with three Independent lawmakers, have shifted to a hotel in Bharatiya Janata Party-ruled Uttarakhand amid an ongoing rebellion against Chief Minister Sukhvinder Singh Sukhu.
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
Oriental Bank of Commerce on Thursday announced a tie up with Oriental Insurance Company for selling general insurance products through its branches.
'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
Fast bowling sensation Shamar Joseph should be fast-tracked into the West Indies squad for the home T20 World Cup in June, said former captain Chris Gayle.
The political heat in West Bengal has been giving the rising mercury levels serious competition since the high court order.
Chief Justice of India D Y Chandrachud on Tuesday said the State has an obligation to recognise unions entered into by queer couples and grant them benefit under the law.
'Not many films have a reference to a creature who talks, emotes, acts in a film. And Munjya is doing all of it.
Bharatiya Janata Party on Tuesday termed as "laughable" comments of Rahul Gandhi that personality-oriented politics of Narendra Modi is not in national interest and said what can one expect from a party which does dynastic politics and only takes care of a family's interests.
ArcelorMittal has sold part of its stake in a Chinese steelmaker it wants to control so it can meet the minimum free float requirement in Hong Kong where the shares trade.
ZEE Entertainment Enterprises Ltd on Friday said its MD & CEO Punit Goenka has initiated a process of rationalisation of workforce by 15 per cent to prune staff strength across the company. In a regulatory filing, ZEE Entertainment Enterprises Ltd (ZEEL) said Goenka has proposed a lean organisation structure to the board with a lateral structure while identifying broadcast, digital, movies and music as core business units. "In line with his overall strategic approach, the MD & CEO has initiated the process of rationalisation of the workforce by 15 per cent, that will prune the staff strength across the company to arrive at a streamlined team that is sharply focused on the set goals for the future," the company said.
Orient-Express has rejected repeated approaches from Tata's Indian Hotels Company, with the issue turning into a public spat in December when the US group said it believed such an alliance would damage the value of its brands.
Foreign investors made a significant turnaround and injected over Rs 1,500 crore into Indian equities in February, reversing the massive outflows seen in the preceding month, primarily due to robust corporate earnings and positive economic growth. Additionally, Foreign Portfolio Investors (FPIs) continued to be bullish on the debt markets as they put in over Rs 22,419 crore during the month under review, data with the depositories showed. Looking ahead to March, the outlook for FPI flow appears promising, provided the current economic trajectory and corporate performance sustain their positive momentum, potentially continuing to attract foreign investment into Indian equities, Mayank Mehraa, smallcase manager and principal partner at Craving Alpha, said.
The Indian Institute of Modern Management, Pune invites applications for its two-year, full-time, job-oriented post-graduate diploma in management.
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