ITC Hotels acquires Park Hyatt Goa Resort and Spa

The property spread across 45 acres is currently under minor renovation to comply with all the ITC's exemplary sustainability practises, it added. Read more »

Awaiting Trai proposal for new 5G bands: Telecom Secretary

“We are open to newer bands and a suggestion has to go to the regulator, which can come up with its formal recommendations, although it... Read more »

Telecom may soon be a monopoly: Anil Ambani

RCom chairman Anil Ambani rues the ‘creative destruction’ of the telecom industry and thanks brother Mukesh for his support during testing times of predatory pricing... Read more »

Will next merger candidates be from east?

As many as 11 banks have been placed under RBI’s prompt corrective measures for their high sticky loans. Read more »

LIC yet to seek open offer exemption for IDBI takeover: Sebi

On July 16, the board of the national insurer had accepted the forced takeover of the bank, which has been under the prompt corrective action plan of the Reserve Bank after its... Read more »

Aditya Birla Fashion forays into women’s innerwear and athleisure products

Two years ago, the company had forayed into the men innerwear segment under Van Heusen brand and has 15 exclusive stores as of now. Read more »

SC asks Numetal to establish subterfuge charge against ArcelorMittal in divesting shares

NuMetal accused steel and mining major ArcelorMittal of cheating Indian banks of Rs 7,000 crore. Read more »

Will bank employees get VRS option as part of merger deal?

Voluntary retirement scheme is most likely to be the part of the amalgamation process. Read more »

Government may decide on 4G spectrum allocation to MTNL, BSNL by Dec

The union and the management of the firm requested the government to take back unutilised land and assets valued at around Rs 19,300 crore and pare its debt of around Rs 19,000... Read more »

Our pilots handled ILS failure incident professionally: Air India

Air India today said that handling of incidents like these ‘speaks volumes about the national carrier’s enviable safety record.’ Read more »