At a time when most of the hotel companies are opting for an asset light model to reduce fixed costs, The Lalit Suri Hospitality Group has so long opted for an asset-heavy model
Infosys has defended the pay hike extended to its Chief Operating Officer Pravin Rao, saying the stock-linked compensation to its senior management, including Rao, was needed to retain talent as the company underwent a transformation.
Sales of all two-wheeler majors except Bajaj Auto and Honda Motorcycle & Scooter India (HMSI) grew in March
Private equity firm Warburg Pincus has invested an additional Rs 500 crore in Kerala-based Kalyan Jewellers, taking the total investment in the jewellery chain to Rs 1,700 crore in the past three years.
The public hearing held for getting consent from local community for the expansion of bauxite mine of Vedanta-controlled Bharat Aluminium Company (Balco) evoked mixed response.
The Ruias-led Essar Group on Monday said it would sell its business process outsourcing (BPO) unit, Aegis, to Singapore-based private equity firm Capital Square Partners, and exit its BPO business.
Not all seems to be fine with the micro finance institutions (MFIs), after the note ban. MFIs are batting for another repayment extension for customers whose loans instalments were due from November 1- December 31, 2016
As it eyes the number 3 slot in the Indian passenger vehicle space, Tata Motors’ Sanand factory is set to work at full throttle. Once functioning at only 20-25 per cent of its installed capacity
GMR Energy on Monday signed an agreement with Malaysia’s TNB Repair and Maintenance Sdn Bhd (TNB Remaco) for setting up an operations and maintenance (O&M) joint venture
Coal India on Monday said it missed its annual production target by 44.48 million tonnes as it produced 554.13 million tonnes of coal by the end of 2016-17 against a target of 598.61 million tonnes.