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NEW DELHI : India’s largest hotel chains are rapidly expanding their portfolios amid record-high room rates. In the last week alone, half a dozen hotel companies across India have announced new development plans, including management contracts with independent owners and launching properties signed in the past few years, to capitalize on the soaring demand for hotel accommodations. Buoyed by hotel demand outstripping supply, many top hotel operators are signing up new properties in the first quarter of FY24.

₹400 crore had been booked or pre-booked by retail passengers. But they could not take Go First flights as operations have been suspended at the moment." The Delhi Bench of the National Company Law Tribunal (NCLT), which is hearing the airline’s insolvency petition, has taken note of the passenger compensation issues as well. “It has come to our notice that a large number of passengers are sending email requests/phone calls for refund of booked/cancelled tickets in the case relating to Go Air," the tribunal said on Monday, advising passengers to contact Shailendra Ajmera, the company’s resolution professional, to submit their claims.

Narendra Modi's state visit to the US in June has sparked unprecedented momentum in the India-US defence ties. As competition in the Indo-Pacific escalates, the US is keen to give India access to top-grade military technology and flesh out the latter's role as a 'major defence partner'. But, for Delhi, stronger defence ties with the US are not an achievement.

Visakhapatnam to further expand their overall military cooperation. The Indian Navy is hosting the seventh edition of the Japan-India Maritime Exercise (JIMEX) and this edition marks the 11th anniversary of wargame since its inception in 2012.

Taipei Economic and Cultural Center (TECC) in India's financial capital Mumbai in sync with the broader aim of expanding overall cooperation between the two sides. Taiwan's decision to set up the TECC in Mumbai came at a time when leading Taiwanese companies are increasingly looking at relocating their production bases from China to India, the US and countries in Europe amid Taipei's increasingly tense relations with Beijing.

₹100 per kilogram, it has breached the petrol and diesel prices in major cities of the country. In comparison to Mumbai and Delhi's petrol prices -- i.e.

Delhi High Court has refused to interfere with the Centre's decision reducing allowances of Air India pilots on account of the COVID-19 pandemic in 2020, saying the pilots, who were taking home lakhs of rupees in spite of the cut when many others in the country had lost their livelihood, cannot claim victimisation. A division bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad took judicial notice of the complete lockdown in 2020, when all aviation operations were suspended, as well as the fact that pilots across various airlines lost their jobs but Air India ensured there were no lay-offs.

₹59,280 per 10 gram in the national capital on Wednesday. However, silver climbed by ₹200 to ₹71,500 per kilogram.

Ajit Agarkar has been appointed as new chairman of senior men's selection panel, BCCI secretary Jay Shah announced on Tuesday. Agarkar replaces Chetan Sharma, who who had to step down in February following a controversial sting operation. Agarkar in his new assignment is expected to get a much higher remuneration as compared to annual paycheck of Rs 1 crore per year for the chairman of selectors.

India, July 5, 2023: Goa, known for its picturesque landscapes and vibrant culture, has become the latest addition to the Housewise family as the property management startup extends its operations to this popular tourist destination. With a successful launch in Pune and Bengaluru back in 2017, Housewise has steadily expanded its presence to several major cities across India, including Hyderabad, Chennai, Delhi, Noida, Gurugram, Mumbai, Thane, Ahmedabad, Kolkata, and now Goa.

airport authorities to allow the lessors or their representatives to carry out inspection of their planes within three days from today. The petitioners shall be permitted to carry out inspection and all the interim maintenance tasks of the aircrafts, it's engines of all 30 aircrafts at least twice a month, until final disposal of the writ petitions, the court said while pronouncing the judgment The judge also restrained all the directors of Go Air, it's employees, it's representatives or the resolution professional or their representatives as appointed by the NCLT from moving, removing or replacing any part of the aircrafts.

Tis Hazari court premises on Wednesday, police said, adding that two groups of lawyers were allegedly involved in the firing incident. No one was injured in the incident, they said.

Amar Sadhuram Mulchandani, the ex-chairman of Seva Vikas Cooperative Bank, was arrested on July 1 and a special Prevention of Money Laundering Act (PMLA) court sent him to ED custody till July 7, the federal probe agency said in a statement. «The arrest is made in connection with the ongoing investigation in the Seva Vikas Cooperative Bank fraud case in which the bank suffered a loss of Rs 429 crore in 124 NPA (non-performing assets) loan accounts.» «This has caused the bank to go bankrupt causing loss to thousands of small depositors,» the ED said. This is the fifth arrest by the agency in this case. The ED had earlier arrested a man named Sagar Suryawanshi, who took loans from the cooperative bank, two ED staffers working on contract at its Mumbai office and a «close associate» of Mulchandani for allegedly sharing «sensitive» information of this investigation in lieu of bribe.

An incident of firing was reported from the Tis Hazari court in Delhi on Wednesday after some lawyers engaged in heated arguments, the sources from Delhi Police said. The police reached the spot on time and no injuries were reported in the firing incident.

office rentals remained stable during April-June at Rs 95 per square feet across six major cities as new supply rose 32 per cent, while demand grew by a modest 2 per cent, according to Colliers India. Real estate consultant Colliers India released its quarterly data of six major office markets — Bengaluru, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune — on Wednesday. Gross leasing of office space rose 2 per cent to 14.6 million square feet across top six cities during April-June, from 14.3 million square feet in the year-ago period, driven by technology, engineering & manufacturing sectors.

A passenger travelling via Air India flight from Delhi to Bengaluru was detained at the Delhi's Indira Gandhi International Airport for carrying 19 live cartridges without proper documentation.  The passenger identified as Ajay Kumar Bana was detained at the time of boarding and a case against him has been registered under section 25 of the Arms Act at the IGI Airport Police Station, news agency ANI reported.  Recently, an Air India passenger onboard the Mumbai-Delhi Air India Flight AIC 866 was also arrested for allegedly defecating and urinating onboard the aeroplane. The passenger was identified as Ram Singh who worked as a cook in Africa.  As per the FIR filed at the Indira Gandhi International (IGI) Airport, the passenger allegedly defecated, urinated and spat in row 9 DEF of the aircraft.

shopping/booking/hiring of products and services. One such interesting finds of the survey is that a smartphone consumer in India benefits by ₹6 for every Re 1 spent. The study also states that the economic value of smartphones for the rich is almost 50% higher in India as compared to the middle class.

Praveen Kumar and his son had a narrow escape when his SUV collided with a trailer truck in Meerut on Tuesday night. The pacer told Press Trust of India that he had gone to drop his nephew when a big truck hit his vehicle from behind. «It could have been a lot worse.

After repeated water-loggings post rainfall in Delhi, a massive portion of road caved in Janakpuri area of the national capital on Tuesday. So far no fatal injury has been reported. In a latest video shared by news agency ANI, a giant hole can be seen covering maximum portion of the road.

yellow metal. The DXY was trading with a positive bias above the 103 mark against a basket of six major currencies ahead of US Fed meeting minutes. The August Gold futures were trading at Rs 58,460 per 10 grams around 10 am on the MCX, rising Rs 51 over Tuesday's closing price.

tomatoes has been the subject of much discussion in recent days, the prices of other vegetables are also rising in many Indian states. According to a report in the Times of India, vegetable prices in Patna have increased significantly since the beginning of May. While the maximum hike has been in the price of tomatoes, the prices of other vegetables have also shot up, including cauliflower, cabbage, lady finger, etc.