Indian Hotels Company Limited (IHCL) is looking at growth opportunities in greenfield and brownfield projects to strengthen its footprint in Gujarat. IHCL, which recently opened 111-room Ginger and 175-key Vivanta in Ahmedabad, has 19 properties in Gujarat, including 15 operational hotels and 4 in the pipeline, IHCL Executive Vice President…
Indian Oil Corp, the country's top refiner, plans to invest more than $25 billion (£21 billion) to achieve net-zero emissions from its operations by 2046, its chairman SM Vaidya said at an annual shareholders meeting on Thursday. India, one of the world's biggest greenhouse gas emitters, is aiming to reach…
India's strong growth offers room for the Reserve Bank of India (RBI) to raise rates by another 60 basis points as the central bank seeks to stamp out high inflation, DBS Group Research said in a note on Thursday (25). India's gross domestic product (GDP) in the first quarter of…
Pakistan has rejected India's action over the March 9 accidental firing of a supersonic missile that landed in its territory and demanded a joint probe. The services of three officers of the Indian Air Force were terminated on August 23 after a Court of Inquiry (CoI) found that deviation from…
India's top information technology (IT) services firms are freezing or cutting staff bonuses, worried that tightening budgets at American and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom. Infosys Ltd, India's second-biggest IT company, and smaller rival Wipro recently told…
India's New Delhi Television Ltd (NDTV) on Thursday (25) sought to block Gautam Adani's attempt to acquire a majority stake in the news network, saying regulatory restrictions meant the bid from the billionaire tycoon's group could not proceed. NDTV is regarded by some as one of the few independent voices…
A top Russian diplomat has responded to British prime ministerial hopeful Liz Truss's warning that she would be ready to use nuclear weapons if needed and care little about "global annihilation". Maria Zakharova, spokesperson of Moscow's foreign ministry, on Wednesday (24), wrote on her Telegram channel said Truss's statement could…
In its first reaction to the stabbing of Salman Rushdie, India on Thursday condemned the "horrific attack" on the celebrated novelist and wished him a speedy recovery. Rushdie, 75, was stabbed in the neck and torso at the Chautauqua Institution in New York on August 12. "India has always stood…
The election for the president of the Indian National Congress is likely to be postponed for a few weeks and the final schedule will be decided in the Congress Working Committee (CWC) meeting scheduled on August 28, party sources said on Thursday (25). Earlier, it was announced that the election…
Amid a growing outrage across India over the early release of 11 men convicted of gang-raping Bilkis Bano and murdering several members of her family during the 2002 Gujarat riots, the country's Supreme Court on Thursday (25) sought the state government's response on a plea challenging the release. A bench…