Business News

Last updated: Monday, March 30, 2015 11:20:08 AM

'No Oberoi employee was involved in terror attack'
Mumbai, Nov 29 (IANS) There has been no structural damage to the Oberoi Trident after the siege by terrorists, hotel chairman P.R.S. Oberoi said here Saturday, adding that they have still not assessed the losses or decided when to reopen.

Saturday, November 29, 2008 7:30:54 PM

Global spotlight on intelligence failure, politics of terror in India
New Delhi, Nov 29 (IANS) The 'India Rising' story, a favourite of papers around the world, may have taken a knock after the Nov 26 terror strike paralysed business capital Mumbai and killed more than 150 people as the international media turned a critical gaze on India's partisan politics and intelligence failure in dealing with terrorism.

Saturday, November 29, 2008 4:54:06 PM

No hint of staff involvement in terror attack: Indian Hotels
Mumbai, Nov 29 (IANS) Indian Hotels, the owners of the Taj Mahal Palace and Tower Hotel here, Saturday said there was no hint of any involvement of their staff members, regular or contractual, in the nearly 60-hour terror attack on the property.

Saturday, November 29, 2008 2:50:20 PM

'Restoring Taj hotel's glory may cost Rs.5 bn, take 12 months'
New Delhi, Nov 29 (IANS) The restoration of the century-old Taj Mahal Palace and Tower Hotel in downtown Mumbai that was considerably damaged during the terror siege could take as much as 12 months and cost about Rs.5 billion (Rs.500 crore/$100 million), experts on structural engineering and architecture say.

Saturday, November 29, 2008 12:30:44 PM

Equities end week with gains despite terror attack
Mumbai, Nov 29 (IANS) After shedding values for two consecutive weeks, Indian equities markets ended with gains the week Friday, with a key index up 1.99 percent over its value Friday the previous week.

Saturday, November 29, 2008 12:05:34 PM

Hospitality, travel sectors will suffer in short term: Industry
New Delhi, Nov 28 (IANS) The meltdown-hit travel trade and hospitality industry will have to weather another storm, thanks to the terrorists's siege of two hotels in Mumbai since Wednesday night. But industry watchers and captains predict that it will only be a short-term assault on business.

Friday, November 28, 2008 8:18:56 PM

250 brands to participate in Franchise India-2008
New Delhi, Nov 28 (IANS) Over 250 Indian and global brands will likely participate in Franchise India-2008, a two-day international event on franchise, retail and licensing industry beginning here Saturday, organisers said.

Friday, November 28, 2008 8:09:38 PM

Carborundum Universal's subsidiary to invest $50 mn in Russia
Chennai, Nov 28 (IANS) City-based Carborundum Universal Ltd (CUMI), a leader in the abrasives and ceramics market, Friday said its Russian subsidiary Volzhsky Abrasive Works (VAW) will invest $50 million to build a new plant in that country.

Friday, November 28, 2008 7:35:28 PM

Court asks insurance companies to be consumer friendly
New Delhi, Nov 28 (IANS) A consumer court Friday reprimanded insurance companies for rejecting claims on flimsy grounds and asked them to be consumer friendly.

Friday, November 28, 2008 7:28:31 PM

Government ignored suggestion for auctioning 2G spectrum: Watchdog
New Delhi, Nov 28 (IANS) India's telecom watchdog Friday said the government ignored its suggestion that the second generation (2G) radio waves be auctioned, which would have generated higher revenue.

Friday, November 28, 2008 6:38:44 PM

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