India Inc to continue M&A spree in H2: PwC
Having sealed deals worth $55 bn in first 6 months, India Inc will maintain its M&A spree with cross-border takeovers dominating the space, says PwC.
Oberoi Group among top 10 global hotel chains
India's incredible hospitality and heritage has attracted global attention with the country's leading hotel chain, Oberoi Hotels and Resorts grabbing a position among the world's top 10, according to a lat...
VRL Logistics' IPO gets CRISIL grade 2/5
CRISIL has assigned IPO Grade “2/5” to the proposed initial public offer of VRL Logistics Ltd. This grade indicates that the fundamentals of the issue are below average to other listed equity securities.
Thomas Cook in talks to buy TCI
Thomas Cook India is in an advanced state of negotiations to buy out the promoters of inbound travel company Travel Corporation India (TCI).
Hawker Beechcraft ties up with IndiGo parent for aircraft service centre
Hawker Beechcraft Corporation opens its first authorised service centre in Delhi in a joint venture with Interglobe General Aviation, the promoter group of IndiGo.
GMR to start charters, plans Rs 700 cr investment
The company has already obtained a licence to operate charter services and has met with encouraging response in its test-marketing phase.
Oberoi, Uppal throw pact out of room
The Oberoi Hotels (East India Hotels), the flagship company of the Oberoi Group, has snapped ties with the Uppal Group.
Copter co Pawan Hans plans to start scheduled airline soon
Pawan Hans, the leader in off-shore helicopter operations in India would soon start schedule airline services.
Twenty20 tourney high on 'invisible' quotient
If small is beautiful, the much-feted IPL abounds in beautiful moments with small and medium cos fielding for the event. Cheerleaders in IPL T20 | Business of IPL
Germany's Bertling plans to buy Indian logistics firm
"The company has two-three Indian firms on its radar and the due diligence has not yet started," said Shankar Chatterjee, managing director, Bertling Logistics India (BLI).
Ambanis, Tatas, Ruias & Jindals among corporates set to buy 157 aircrafts over next year
India is currently the 18th largest base for corporate jets, with 111 registered mini planes.
Thomas Cook in talks to buy TCI
Closely following Thomas Cook India’s (TCIL) acquisition of LKP Forex, the company is now negotiating a buyout with the promoters of a leading Mumbai-based travel company.
ITC muscles its way into EIH takeover turf
ITC fired a warning shot at Max India’s Analjit Singh and the Oberoi family, indicating that it is not disinclined to the idea of a fight for EIH, the company that runs the Oberoi and Trident hotel chains.
Max India's Analjit Singh to own lion's share of EIH
ET Exclusive: Analjit Singh to join as co-promoter & VC of Oberoi Hotels. Ten floating hotels I For Rs 1 Lakh a day, travel like a maharaja I World's tallest, greenest hotels
Up, up and away
TOP on the aviation industry’s wish list this Budget is the abolition of Inland Air Travel Tax (IATT), which can bring down domestic fares by 15%, and possibly boost travel and the bottomlines of airline companies that have had little cheer last year.
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