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- Microsoft launches Office 365 in India
New Delhi, June 29: Microsoft today launched Microsoft Office 365 in India to enable easy access to cost effective business productivity solutions.
According to the company, the launc....
- Sensex, Nifty witness choppy session
Mumbai, Dec 22: A benchmark index of the Indian equities market was witnessing choppy session with positive bias today, due to lack of buying activities ahead of holiday season.
The 3....
- No plans of sell stake: EIH Chairman
New Delhi, July 9: The promoters of East India Hotels have no plan to sell stake in the company, P.R.S. Oberoi, founder and chairman of the Oberoi group, said today.
"We have no p....
- Grand Luxe building two new hotels in Tamil Nadu
Chennai, May 4: City-based Grand Luxe Hotels is building two new hotels in Tamil Nadu at an outlay of Rs.130 crore and mulling more units in the state as part of an expansion drive, a top compa....
- Lalit Suri hotel group firms up $500 mn expansion plan
New Delhi, May 4: Premium Indian hotel chain, the Lalit Suri Hospitality Group, is investing Rs.2,200 crore (nearly $500 million) towards expansion, with plans to actively participate in public....
- Indian services sector back to pre-slowdown level
New Delhi, April 25: The Indian services industry is back to its pre-slowdown level, with many of its key sectors reporting double digit growth, says a Confederation of Indian Industry (CII) su....
- Starwood and Hyatt targets Indian hotel industry
New Delhi: Starwood Hotels & Resorts and Hyatt Hotels Corporation are now targeting India for setting up luxury hotels and resorts. On Tuesday, the officials of the two companies declared a....
- Premier Asian food expo woos India's hospitality sector
New Delhi: With displays of food production, technology, culinary wares, latest hospitality designs, hospitality trends and global food and wine contests - the Food & Hotel Asia 2010 exhibi....
- EIH posts Rs.22.33 crore net profit
Kolkata: EIH Limited, that runs the Oberoi and Trident chain of hotels, posted a profit after tax of Rs.22.33 crore for the quarter ended Dec 31, 2009, as compared to Rs.33.27 crore in like per....
- India is key focus of GE's low-cost healthcare products
Chicago: An ECG device that has the potential to reduce the cost of an ECG to less than that of a bottle of mineral water, a laptop ultrasound and a lullaby warmer for infants. These and many o....
- Yum Restaurants to invest $150 mn on expansion
New Delhi: Yum Restaurants, which operates the Pizza Hut and Kentucky Fried Chicken (KFC) chains, today said it will open India's first Taco Bell restaurant in Bangalore by the fiscal-end a....
- Upbeat Deloitte to hire 15,000 people in India
New Delhi: Global business consultancy Deloitte is planning to hire 15,000 people in the country over the next two to three years, the company's top official said here today.
"....
- Rate of Employment up in Service Sector
New Delhi: The services sector of the Indian economy has bee performing well of late, especially in terms of recruitment. CISCO would be shifting its operations pretty soon in India and this is....
- Phoenix group ties up with Marriott Hotels
New Delhi: Phoenix Hospitality has partnered with international hotel chain Marriott for setting up two properties under the Marriot brand in Mumbai and Agra at an investment of Rs.320 crore.
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- East India Hotels net loss at Rs.9.65 cr
Mumbai: East India Hotels (EIH), the flagship company of hospitality major Oberoi group, today said it made a net loss of Rs.9.65 crore for the quarter ended Sep 30 compared to a profit of Rs.3....
- Handicrafts fair generates Rs.750-cr business
Noida: Business worth Rs.750 crore was generated at the four-day handicrafts exposition near Greater Noida that ended today, according to the Export Promotion Council for Handicrafts (EPCH).
<....
- Despite slowdown, consumer goods sector grew 15 percent
New Delhi: Despite the economic slowdown, the country's fast moving consumer goods (FMCG) sector grew by almost 15 percent in 2008-09, thanks to high demand for such goods in rural India, s....
- French firm enters India's parcel services sector
New Delhi: GeoPost, the express parcel arm of French postal service provider Groupe La Poste, and India's Continental Air Express on Thursday announced a joint venture to offer domestic and....
- Mahindra Holidays' IPO to hit market on June 23
Mumbai: Leisure hospitality provider Mahindra Holidays and Resorts, part of the Mahindra Group, today said its initial public offering (IPO) will hit the capital market on June 23.
Th....
- Taj group opens Goa's first luxury business hotel
Panaji: The Taj group of hotels today unveiled Goa's first five-star business property, the 170-room Vivanta, to "fill the gap between leisure and business tourism" in the state.
....
- Indian service sector to grow in next 12 months: KPMG
New Delhi: India's service sector is set to grow substantially in the next 12 months, though its business activity prospects remain lowest in the BRIC block comprising Brazil, Russia, India....
- India's service revenues expected to reach $225 bn by 2020
New Delhi: India's technology and services industry can earn $225 billion in revenues by 2020 despite the current global economic crisis, says a study released here today.
Of this....
- Litolier Group opens five-star hotel, two more on the cards
New Delhi, Delhi: Mumbai-based Litolier Group, which opened a boutique hotel 'Ramada Plaza' here today, said it would enhance its presence in the hospitality sector by building two mor....
- Service sector to see slower growth, says industry lobby
New Delhi: India's service sector could see slower growth, said a Confederation of India Industry (CII) report released here on Sunday.
According to CII, recent data on specific service se....
- Services sector will prop growth rate: Industry report
New Delhi: Despite the global economic slowdown, some segments of
India's services sector, including IT, education and organised
retail, retained "high" growth rate of 10-20 percent th....
- Cisco to save $2 bn from restructuring, but no layoff
New Delhi: Global network applications major Cisco hopes to save $2 billion from restructuring and streamlining operations across the globe, the company said today. Cisco plans to achieve this ....
- Chennai firm to service Alcatel-Lucent's clients
Chennai: The city-based offshore technology operations management company Cybernet Slash Support (CSS) has bagged a multi-million dollar support services contract from global communications sol....
- Indian hoteliers to promote responsible tourism
New Delhi: The Indian hospitality industry will promote responsible tourism and sound environmental practices, a top industry lobby official said today. "The theme for the 44th Annual Conventio....
- Insurance sector to touch Rs 20 bn mark by 2010
New Delhi: India's insurance business will reach a level of Rs 20 billion in the next two years from the current level of Rs 500 billion, according to an industry lobby. "A growth of over 200 p....
- Metropolis to develop Navi Mumbai's 1st luxury hotel
Pune: City-based Metropolis Hotels has bagged a contract to build Navi Mumbai's first five-star hotel. The hotel, to be built on a 47,000 square metre plot off Palm Beach drive, was auctioned b....
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