Hospitality players urge the government to accord infrastructure status to hotels in the upcoming Budget, seeking incentives and tax breaks to boost investment and growth in the sector.

Chalet Hotels Ltd to buy out partners'' stake in Ayushi and Poonam Estates LLP, owner of Courtyard by Marriott, Aravalli Resort, for Rs 315 crore.

India's hospitality industry welcomes the focus on island tourism in the interim budget, but expresses disappointment over the lack of infrastructure status for the sector. The budget highlights...

India's hospitality industry is poised for accelerated hiring after robust growth in 2023, driven by domestic travel. Experts predict a 25% rise in workforce needs, with travel, aviation, and...

Indian Overseas Bank reported a 26.60% rise in net profit for Q1 FY25, reaching Rs 633 crore. Total income grew by 21.54%, driven by increased interest and non-interest income. The bank also saw...

CapitaLand India Trust (CLINT) has completed the acquisition of a 0.82 million sq ft office building in Navi Mumbai for Rs 676 crore. The building is fully leased to reputed Indian and...

Economic Survey 2023-24 highlights the rise of retail investor participation in derivatives trading, linking it to 'gambling instincts' and warning of potential risks. The survey emphasizes the...

India's Economic Survey highlights the private sector's role in unhealthy habits impacting public health and productivity, urging businesses to prioritize employee well-being and sustainable...

RBI Deputy Governor flags risks of relying on single vendors for services, citing Microsoft outage. He also warns about lack of customer redressal mechanisms among lending service providers.

Indian Overseas Bank reported a 26.60% rise in net profit for Q1 FY25, reaching Rs 633 crore. Total income grew by 21.54%, driven by increased interest and non-interest income. The bank also saw...

CapitaLand India Trust (CLINT) has completed the acquisition of a 0.82 million sq ft office building in Navi Mumbai for Rs 676 crore. The building is fully leased to reputed Indian and...

Economic Survey 2023-24 highlights the rise of retail investor participation in derivatives trading, linking it to 'gambling instincts' and warning of potential risks. The survey emphasizes the...

Arunachal Pradesh government is considering terminating agreements with power developers who haven't fulfilled their commitments, with 53 MoAs already terminated. The state has a massive hydropower...

India's Economic Survey highlights the private sector's role in unhealthy habits impacting public health and productivity, urging businesses to prioritize employee well-being and sustainable...