Hotels
SC grants Subrata Roy another 15 days to seal hotel sales
08 Sep 2014
The Supreme Court had earlier allowed the Sahara chief to use the conference hall in Tihar jail for negotiations till 9 September
Sahara to mortgage hotels to raise $1.7 bn bail money for chief Subrata Roy
06 Sep 2014
Roy on Friday told the Supreme Court that a deal he had struck with the Sultan of Brunei for sale of his three hotels in London and New York was in danger of getting cancelled due to a media leak
Sultan of Brunei bids for Sahara's New York and London hotels: report
18 Aug 2014
An investment firm affiliated with Hassanal Bolkiah, the wealthy Sultan of Brunei, has offered $2 billion for three hotels owned by the Sahara Group
EIH plans hotels in Thailand, China
06 Aug 2014
The company plans to invest about Rs1,000 crore in two properties in Bangalore and Goa and these projects are currently awaiting environmental clearances
SABMiller to divest stake in S African hotel, casino chain Tsogo Sun
07 Jul 2014
Global brewing giant SABMiller says gaming and hotels are not core to the company’s operations
SC allows sale of Sahara's hotel assets; no order on Roy's bail plea
29 May 2014
The Supreme Court bench warned Sahara that if the Rs25,000 crore turns out to be black money, then Sahara would have to pay penalty of Rs72,000 crore
InterContinental Hotels rejects £6-bn deal
26 May 2014
The report of a possible acquisition by a mystery US buyer had led to fears that the UK’s biggest hotel company could be next on the list of targets of US firms seeking a tax inversion deal
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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