Hotels
Delhi's Centaur Hotel to make way for IGI Airport’s parking bay
27 Feb 2017
The Air India-run Centaur Hotel, once considered a city landmark in New Delhi, lost its earlier glory due to mismanagement and poor upkeep
Indian Hotels rebrands with Taj as master brand
10 Feb 2017
Carlyle, Citic to buy majority stake in McDonald's China/HK businesses for $2.08 bn
09 Jan 2017
Under the deal, China’s state-backed conglomerate and Citic Capital Partners will jointly buy a 52 per cent stake, while Carlyle will hold 28 per cent and McDonald’s will retain 20 per cent
Restaurants’ body NRAI insists on service charge
04 Jan 2017
Service charge not mandatory in restaurants: govt
02 Jan 2017
All eateries will have to put out display boards informing that service charges are entirely discretionary and customers may not pay it if they did not like the service
HNA Group to buy about 25% in Hilton from Blackstone Group for $6.5 bn
25 Oct 2016
The deal comes five months after the Beijing-based company acquired Radisson and Country Inns & Suites hotel chain owner Carlson Rezidor Hotel Group, for an undisclosed sum
Data breach hits top California hotels
16 Aug 2016
Sahara spurns $1.3 bn offer for London, New York hotels
28 Jul 2016
According to Sahara, the offer from a group led by 3Associates was an attempt to ruin the market and disturb existing bidders at a market value that was ‘much higher’; but the bidders insisted the offer was ‘very compelling’
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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