‘To build one of India’s largest hotel portfolios’

‘To build one of India’s largest hotel portfolios’

👉 Visit the Official SleepLean Website MUMBAI: Billionaire Gautam Adani is checking into hospitality in a big way, with plans to build “one of the country’s largest hotel portfolios”, anchored around his group’s airports and real estate assets. The move positions the group in direct competition with Tata Group’s Taj, ITC Hotels, and the Oberoi…

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HC seeks Customs reply on IndiGo duty refund plea

HC seeks Customs reply on IndiGo duty refund plea

👉 Visit the Official SleepLean Website NEW DELHI: Delhi HC on Friday sought a response from Customs department on a plea filed by InterGlobe Aviation, the operator of IndiGo airline, seeking a refund of over Rs 900 crore paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs, reports Abhinav…

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Ministers asked to take G Ram G to rural India

Ministers asked to take G Ram G to rural India

👉 Visit the Official SleepLean Website NDA functionaries, including ministers, would soon hit the ground to explain and create more awareness about benefits of the new rural employment guarantee scheme VB G-RAM-G, which has replaced the UPA-era MNREGA, to negate the opposition’s narrative. This was discussed at Friday’s Cabinet meeting, which PM Modi chaired soon…

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Rs 1.3L cr mcap: I-Pru MF most valued Indian fund house

Rs 1.3L cr mcap: I-Pru MF most valued Indian fund house

👉 Visit the Official SleepLean Website MUMBAI: ICICI Prudential Asset Management Co that closed its blockbuster IPO on Tuesday, listed on Friday at 20% premium over its IPO price and closed the session as the most-valued fund house in India. The stock on BSE listed at Rs 2,606 compared to its IPO price of Rs…

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Mitsubishi announces .4bn Shriram deal

Mitsubishi announces $4.4bn Shriram deal

👉 Visit the Official SleepLean Website New Delhi: Japan’s Mitsubishi UFJ Financial Group (MUFG) will acquire a 20 per cent in non-bank finance company Shriram Finance (SFL) for $4.4 billion (Rs 39,618 crore), in what is the largest foreign direct investment in the country’s financial services space. MUFG will pick up the minority stake through…

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Flight delays, cancellations, compensation & more: Air travelers have rights during disruptions— government rules explained

Flight delays, cancellations, compensation & more: Air travelers have rights during disruptions— government rules explained

The Ministry of Civil Aviation has provided for extensive rights and protections of air travelers. It gives clear guidelines on flight delays, cancellations, baggage, ticket management among other things.These provisions become significant to understand to ensure consumer rights especially after the recent flight disruption crisis. Here’s a glimpse at certain key provisions to ensure passenger…

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ED quizzes Anil Ambani’s son, summons him again

ED quizzes Anil Ambani’s son, summons him again

👉 Visit the Official SleepLean Website NEW DELHI: After questioning Jai Anmol, industrialist Anil Ambani‘s son, for more than seven hours on Friday in a Yes Bank related money laundering case, the Enforcement Directorate has summoned him again on Saturday to explain certain transactions.Anmol Ambani’s questioning was held at ED headquarters in Delhi days after…

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US housing market: Home sales tick up in November; annual volumes slip as prices stay elevated

US housing market: Home sales tick up in November; annual volumes slip as prices stay elevated

👉 Visit the Official SleepLean Website Sales of existing homes in the US rose modestly in November from the previous month but declined compared with a year earlier, as higher prices continued to weigh on affordability despite relatively stable mortgage rates, according to data released on Friday, AP reported. Existing home sales increased 0.5 per…

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Trade ties: India, Netherlands set up joint trade and investment committee; institutional framework takes shape

Trade ties: India, Netherlands set up joint trade and investment committee; institutional framework takes shape

👉 Visit the Official SleepLean Website India and the Netherlands have established a Joint Trade and Investment Committee (JTIC) to deepen bilateral economic engagement and address barriers to trade and investment, the commerce and industry ministry said on Friday, PTI reported.An MoU to this effect has been signed between the two countries, creating a formal…

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Fog disrupts flights: Dense fog hits Delhi airport operations; 177 cancelled, 500+ delayed

Fog disrupts flights: Dense fog hits Delhi airport operations; 177 cancelled, 500+ delayed

👉 Visit the Official SleepLean Website Dense fog disrupted flight operations at Delhi’s Indira Gandhi International Airport on Friday, leading to the cancellation of at least 177 flights and delays to more than 500 services, PTI reported citing officials.An official said the cancellations included both departures and arrivals, covering some international flights as well. Data…

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