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SpiceJet to be official carrier for Sunrisers Hyderabad

SpiceJet to be official carrier for Sunrisers Hyderabad

Budget carrier SpiceJet said it has tied-up with Sunrisers Hyderabad, the newest franchisee in the Indian Premier League, as its official carrier. SpiceJet will be the official carrier for Sunrisers…

Aditya Birla Nuvo to sell carbon black biz to group firm

Aditya Birla Nuvo to sell carbon black biz to group firm

Aditya Birla Nuvo said it will sell its carbon black business to another group firm SKICarbon Black (India) for Rs 1,451 crore. The move, aimed at reducing debt, follows a…

RBI to release Rs 10 bank note bearing rupee symbol

RBI to release Rs 10 bank note bearing rupee symbol

The Reserve Bank of India (RBI) said that it will soon issue Rs 10 denomination banknotes incorporating the newly-devised rupee symbol. The new notes would bear the inset letter ‘M’…

Microsoft to establish innovation centre in China

Microsoft to establish innovation centre in China

Microsoft is expected to establish an innovation center in south China’s Hainan Province, the first of its kind on the Chinese mainland. An agreement in this regard was signed between…

Rupee continues to rule firm vs dollar, up by 11 paise

Rupee continues to rule firm vs dollar, up by 11 paise

The Indian rupee continued to rule firm against the American currency in the late morning trade and was quoted up by 11 paise to 54.70 per dollar on selling of…

Mahindra Holidays adds Dubai to its network

Mahindra Holidays adds Dubai to its network

Leisure hospitality provider Mahindra Holidays and Resorts India, which is part of the USD 15.9 billion Mahindra Group, has added Dubai to its growing network of international destinations. According to…

Banyan Tree eying 20 properties in India in 6 years

Banyan Tree eying 20 properties in India in 6 years

Singapore-based Banyan Tree Holdings, which manages and develops premium resorts, hotels and spas, is eying around 20 properties in the country in the next six years, a top company executive…

Vijay Mallya gets Rs 1.5 cr pay from US, UK firms

Vijay Mallya gets Rs 1.5 cr pay from US, UK firms

Liquor baron Vijay Mallya has got a total remuneration of about Rs 1.5 crore from two overseas companies for the year 2012, as the amount remained unchanged from the previous…

SBI to discontinue free accident cover for loan consumers

SBI to discontinue free accident cover for loan consumers

India’s largest bank State Bank of India will discontinue a free accident insurance cover given to its home and car loan customers from July this year. In a notification to…

Leela to soon announce global foray with Dubai deal

Leela to soon announce global foray with Dubai deal

Luxury hotels chain The Leela Palaces, Hotels and Resorts will soon announce its overseas foray with a deal in Dubai, a top company official said. “We will soon foray into…