The company would fund the expansion through a mix of debt, equity and internal accruals.
With economic activities gathering pace post easing of lockdowns across the country, hiring activities in most sectors have shown significant recovery in October over the previous month, says a report. On yearly basis, however, the overall hiring was down by 17 per cent in October, according to the Naukri JobSpeak Index for October' 2020.
Chennai Veerans survived anxious moments but scored a 2-1 victory in their concluding Tier II match in the Premier Hockey league.
The tier II city of Mysore will have its first MNC when the IT department of a US retail chain, Target, opens its shop on a 21-acre land at Koorgahalli, close to Infosys Technologies.
The developers have already started feeling the pinch.
Siemens Healthineers, one of the largest manufacturers of made-in-India CT scanners, has sold 80-100 such machines in the last 45 days. The medical technology firm typically sells 250 machines in a year.
Orissa Steelers beat Imphal Rangers via a golden goal to go to the top of the table with 12 points in Tier II in the Premier Hockey League.
A 4-3 victory over last-year's first division runners-up gave the Nawabs their first victory in the Tier II.
Skipper Raju scored thrice in a 5-1 victory in a Tier II match in the Premier Hockey League.
City-wise data showed that there has been improvement in online recruitment activity. Kolkata (up 51 per cent) recorded the most notable annual growth rate among all monitored cities, followed by Baroda (up 46 per cent).
Australian hotel major Accor, with its joint venture partner Interglobe, has earmarked Rs 600 crore (Rs 6 billion) for constructing mid-scale and economy hotels in Tier I and Tier II cities of the country.
They were beaten in straight sets by Italy's Maria Elena Camerin and Gisela Dulko of Argentina.
286 dealers closed down in 18 months, 32,000 jobs impacted. Maharashtra leads with 84 closures, followed by Tamil Nadu and Delhi. The worst-hit is the passenger car segment.
She went down to 98th ranked Russian Vasilisa Bardina in the first round of the Bank of the West Classic.
Surpassing Tier I and Tier II cities in cost advantages, five Tier III cities Ahmedabad, Chandigarh, Indore, Kolkata and Nagpur are all set to emerge as major hubs for IT offshoring in next five years, said a global realty consulting firm.
Western Union Financial Services, a money transfer company, will fund the two Premier Hockey League teams for three years.
They beat Maratha Warriors 2-1 in the Premier Hockey League.
Globus has signed bollywood actress Kareena Kapoor as its new brand ambassador. Another cinestar Soha Ali Khan endorsed the brand for a while.
Bank of India, the first public sector bank to establish a foreign branch, would open another five overseas offices and raise tier-II capital of Rs 300-500 crore (Rs 3-5 billion) to improve its capital adequacy ratio.
The company, which has recently made a foray into the frozen food segment under ITC Master Chef brand targeting both retail and food services players, is also planning to expand its reach to over 30 cities in the retail segment and 100 cities in food services segment during the period. ITC will be the third major organised player in the frozen food segment after McCain, which is mainly in the vegetarian segment and Venky's, which is in non-vegetarian.
Indian Hotels Company Ltd's Ginger Hotels will invest over Rs 204 crore (Rs 2.04 billion) to set up 17 budget hotels in tier-II cities in the next 12 months.
The Reserve Bank of India's recent move will make home loans up to Rs 20 lakh cheaper. But that would be just good enough to buy you a house in Tier-II and Tier-III cities.
The Indo-South African pair lost to Mashona Washington and Tathiana Garbin in the doubles quarter-finals at the WTA Tier II tournament in Paris.
The Indian ace beat Flavia Pennetta 6-2, 7-6(5) at the Open Gaz de France in Paris
Chennai Veerans beat Lucknow Nawabs 3-2 via a silver goal in Tier II of the Premier Hockey League.
Defending champions Hyderabad Sultans will take on Maratha Warriors in the first Tier-I match of the second Premier Hockey League.
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