infrastructure

Oberoi and Hilton part ways, to chalk their own course

27 sep 2007

The 4 year long marketing and co-branding agreement between East India Hotels and Hilton International has been terminated effective April 2008. As such 8 ‘Trident Hilton’ properties in India having 1900 rooms would be rebranded as ‘Trident’ while the ‘The Hilton Towers’ in Mumbai would be known as ‘Trident Towers’.

Google may partner Anil Ambani for sub-sea cable project

26 sep 2007

Internet giant, Google is beefing up the infrastructure to make use of rising internet usage across globe especially in Asia-Pacific regions by setting up its own under-sea cable across Pacific, under a project called Unity.

How Wal-Mart entry could change Indian businesses

11 aug 2007

As Wal-Mart and Bharti gives touches to their deal and bring in modern global business practices to India, one can hope to get “everyday lower prices” as has been the motto of the American giant.

A mutual fund which could give additional tax benefits of Rs.1 lakh

07 aug 2007

A SEBI committee has come out with proposals for launch of Dedicated Infrastructure Funds (DIFs) by mutual funds. It has proposed additional tax exemption of Rs.1 lakh for investing in DIF but with a 7 year lock in period.

Aviation set to follow Telecom route, consolidation check-in with swift pace

04 jun 2007

The inevitable has happened sooner than expected. After attracting new players catering to new routes with cheap prices, the Indian aviation sector is set for a shakeout. Just as telecom industry, India would soon have 5-6 airline companies operating on all-India routes, having deep pockets and stable pricing strategies to make airline business financially viable.