In a survey done by ANAROCK Property Consultants in association with LIC Housing Finance, it was found that 68% of the respondents approved of recent policy interventions and tax concessions for the real estate sector. According toAnuj Puri, Chairman, ANAROCK, “This segment of aspiring...
Scoot to offer voucher refunds for flexible rebooking for customersScoot is offering voucher refunds for the full value of bookings made on or before 15 March 2020, fortravel up to 31 May 2020, with immediate effect. The portal will be ready soon. Customers areencouraged to only contact us regarding...
Apex industry association ASSOCHAM has suggested certain critical measures to mitigate the impact of Covid-19 on the Indian economy. Dr. Niranjan Hiranandani, President, ASSOCHAM, said, “The time to take action is right now. We need the implementation of these measures on a war footing ...
Tata Motors delivers India’s first Liquefied Natural Gas (LNG) powered busTata Motors completes delivery of the country’s first Liquefied Natural Gas (LNG)-powered bus order. Two units of 36-seater Starbus LNG AC models were delivered to LNG Petronet Limited in Dahej, Gujarat and two units in Ko...
India is the second-largest producer of tea. However, the tea industry is facing some issues pertaining to weakening demand. Internationally too, the export market for Indian tea has fallen. Tea Board India is doing its part to improve the situation. M. Balaji, Executive Director, Tea Board India, M...
The West Bengal Small Industries Development Corporation Limited (WBSIDCL) is a subsidiary organisation under the MSME department of the West Bengal government. Biplab Roy Choudhury, Chairman, WBSIDCL, spoke to BE’s Aritra Mitra.Q. Tell us about your organisation.A. This organisation was ini...
ITC Engage launches the second edition of Engage Pocketful O’ Stories 2.0ITC’s fragrance brand, Engage launched the second edition of ‘Engage Pocketful O’ Stories 2.0’, a compilation of crowd-sourced micro romance tales, curated and co-authored with India’s bestselling romance writer, Du...
The hostel segment has emerged as a key component in the Indian hospitality sector. It offers a cheaper alternative to hotels and homestays. It takes around Rs. 1200 - Rs. 2000 to book an average hotel or a homestay. But a hostel accommodation can offer a 12-hour stay at Rs. 500 - Rs. 600 in shared ...
The Adani Group on February 14, 2020, signed agreements with the Airport Authority of India (AAI) for operations, management, and development of Mangaluru, Ahmedabad, and Lucknow airports. According to the agreements, the group will run these airports for 50 years since the start of their commercial...
The Indian economy is going through a continuous slowdown and that’s reflected in its GDP growth rate. The latest figures indicate 4.5% growth (Q2, FY19-20). There have been some efforts to revive the economy but the global downside risks have had a detrimental impact on the domestic outlook. In a...