IHCL NEW

With the addition of these two, IHCL will have 19 hotels across Taj, SeleQtions, Vivanta, and Ginger brands across Uttar Pradesh including nine others that are currently under development

ITC MauryaITC Maurya

ITC has launched two brands - Storii, in the boutique premium segment, offering immersive experiences, and Mementos, a collection of unique luxury properties across destinations

Q4 earnings. Illustration: Ajay Mohanty

The company had posted a consolidated net loss of Rs 4.66 crore in the same period a year ago, Oriental Hotels Ltd said in a regulatory filing

Sanjeev Kapoor

Kapoor and WCK have partnered with Indian Hotels Company (IHCL) for its MealsToSmiles initiative

The Connaught

Taj brand aims at larger presence in the east, Neotia says being persuaded to look at North East too

WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers

hotels, resort, tourism, hospitality

To lend a sharper focus to the non-hotel brands, two years ago, the hospitality arm of the Tata group, regrouped them under an umbrella brand called Expressions

Patanjali Keswani

The fast-talking Keswani tells Pavan Lall what he learnt from former boss Russi Mody, how he was let down by a private equity investor and why he launched an upscale hotel in Udaipur

graph

The renovations at the old hotels will be complete in two and a half years and tariffs will range between Rs 2,500 and Rs 4,000

The Taj group has some of the best service staff, ITC has the best pillows

India's addition to a major global gauge will give global investors greater access to the world's fastest-growing large economy that offers some of the highest returns in the region

JPMorgan Chase & Co

Given the relatively small weight in the Bloomberg Global Aggregate Index, analysts expect India's inclusion could take place in one shot

bonds market, currencies, currency, RBI, yield

The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024

Banks

Closing Bell on Friday, September 22: The Nifty PSU Bank jumped the most, rising 3.5 per cent

BSE, NSE, Sensex, Nifty, stock markets

Stocks to Watch today, September 22, 2023: Glenmark Pharmaceuticals Board has approved the divestment of a 75 per cent stake in its subsidiary Glenmark Life Sciences to Nirma for Rs 5,651 crore

Markets, market valuation, stocks, Sensex, Adani Group

External commercial borrowing (ECB) refers to the borrowing of funds by Indian companies from foreign sources in the form of loans, bonds, or other financial instruments

RBI, Reserve Bank of India

Canadian citizens have been warned against travelling to Jammu and Kashmir and the northeast

PM Modi and Justin Trudeau

Amid members' complaints of non-receipt of the copies of the women's reservation bill, the Lok Sabha secretariat on Tuesday said a walkthrough session MPs will be organised to make them acquainted with the multimedia devices available in the new Parliament building.
A Lok Sabha Secretariat bulletin said the walkthrough session has been scheduled for Wednesday morning in the new chamber of the lower house for better understanding of the features and functionalities of the multimedia devices.
When the Lok Sabha convened in the new parliament building Tuesday afternoon, several members including AIMIM leader Asaduddin Owaisi, said they had not received the Constitution (128th Amendment) Bill which was being introduced by Law Minister Arjun Ram Meghwal.
Lok Sabha Speaker Om Birla pointed out to members that the Bill was available on the member's portal as well as the digital consoles available on their individual desk.
Lok Sabha officials said the Speaker had taken several steps to red

Parliament, New parliament building

The Bihar cabinet on Tuesday approved the recruitment of 69,692 teachers in state-run schools, an official said.
The cabinet meeting, chaired by Chief Minister Nitish Kumar, also approved a 100 per cent hike in the monthly honorarium for around 30,000 'Siksha Sewaks' and 10,000 'Vikas Mitras' working in the state.
"The cabinet approved the proposal to recruit 69,692 teachers for different classes. The recruitment will be done by the Bihar Public Service Commission (BPSC). The process will start once the BPSC completes the ongoing recruitment of 1.70 lakh teachers," Additional Chief Secretary (Cabinet Secretariat) S Siddharth told reporters after the meeting.
"The cabinet also gave approval for 100 per cent hike in the monthly honorarium of 'Siksha Sewaks' and Vikas Mitras'. Around 9,825 Vikas Mitras working under the SC and ST Welfare Department in the state's panchayats will now get a monthly honorarium of over Rs 25,000 as against the existing Rs 13,700," he said.
They will also 

Teacher's Day is celebrated in India on September 5 to honour the contribution of teachers in our lives.

Teachers day, India

The Kerala government has decided to conduct a surveillance study on Nipah virus and directed its Health Department to prepare a detailed report on it, Chief Minister Pinarayi Vijayan said on Tuesday

Pinarayi Vijayan

Overseas institutions are also a better bet for Adani. Tapping Indian banks, especially state-run lenders, would be a tad cheaper, but might invite greater political scrutiny ahead of general election

Adani, Adani Group

India's ambitions for green hydrogen are riding the coat-tails of Chinese equipment, with Beijing's global stranglehold on the green hydrogen business now extending to New Delhi

green energy targets in mind, but is India technology-ready?

green energy

While posing a complex challenge, slums also offer a unique opportunity for morally and economically imperative urban development

Dharavi

As part of the partnership, Infosys will have access to NVIDIA's full-stack gen AI program and will set up a NVIDIA Centre of Excellence

NVIDIA Founder & CEO, Jensen Huang with Infosys Co-founder & Chairman, Nandan Nilekani (Photo: Infosys)

NVIDIA Founder & CEO, Jensen Huang with Infosys Co-founder & Chairman, Nandan Nilekani

The board of the private sector lender is scheduled to meet on Friday, September 22, 2023 to consider the raising of funds by issue of equity shares / any other equity linked securities.

Karnataka Bank

India had a total of 1,580 GCCs with a talent base of 1.66 million as of FY23, according to the latest Nasscom-Zinnov report

Global capability centres go beyond Tier-I cities, chasing cost and talent

In a meeting with officials of the DHI, the company has said the period for which the government is demanding a refund of subsidies of Rs 130 crore does not apply to it

Hero Electric to raise capacity at Ludhiana plant to 500k units in 6 months

Hero Electric

Latest model can log 40-50% higher sales in India than iPhone 14, say retailers

Apple Store Saket

The QUAD Foreign ministers met for a follow-up on the Quad Leaders' Vision that was outlined in Hiroshima on May 20, 2023

External Affairs Minister (EAM) Dr S Jaishankar

Prime Minister Narendra Modi on Friday said the G20 Summit's success has given the nation the confidence to organise such global events and urged those involved in the planning and execution of the summit to document their experiences.
The G20 Summit, under India's presidency, was held here from September 9 to 10.
Addressing those involved in organising of the summit at the event's venue, Bharat Mandapam, Modi also credited ground-level functionaries for the success.
Drawing parallels between the organising of the G20 Summit and the Commonwealth Games, he said the sporting event in the national capital in 2010 got mired into things that brought disrepute to the country and infused a sense of despondency in the governing system.
"On the other hand, the cumulative effect of the G20 Summit has been that of success in showcasing the strength of the country to the world. I am not concerned with the praise in editorials. For me, the real happiness lies in the fact that my country is now 

PM Modi addresses media on the first day of the special session of Parliament, in New Delhi, Monday, Sept. 18, 2023. (PTI Photo/Manvender Vashist Lav)

Heatmap

Taj group

Tata Group's IHCL debuts in Ayodhya, signs deal to build 2 luxury hotels

With new hotel brands, ITC checks in with 'house of brands' model

Oriental Hotels posts net profit of Rs 1.38 crore in fourth quarter

IHCL, chef Sanjeev Kapoor, Jose Andres offer meals to healthcare workers

Indian Hotels, Ambuja Neotia seek to expand partnership beyond 5 properties

A business hotel for that great weekend getaway with your family and Fido

How Indian Hotels is unlocking the potential of its non-hotel brands

Recipe for growth: Don't bet everything you have, says Lemon Tree's Keswani

Taj Group's Ginger bets on asset-light model, 55 new hotels, and rebranding

The good, the bad, the worst