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- Former Defence Minister George Fernandes passes away
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- Beating the Retreat ceremony to be held today
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- Changes at the helm of Zee Media, COO Rajiv Singh steps down - Newslaundry
- Budget 2019: Gold savings schemes to get a new push as govt eyes idle yellow metal holdings - The Financial Express
- Why Odisha needs no Legislative Council - OrissaPOST
- ‘AI will drive aerospace sector in the next 15 years’ - Defence Aviation Post
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- DHFL raises Rs 1375 cr
- K P I Global Infrastructure bags order for 900 KW solar power project
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- Australia Market falls on U.S.-China trade worries
- Cold wave grips J&K
- Ex-Union Minister George Fernandes dead at 88 (Lead)
- US unveils criminal charges against Huawei, company executive (Lead)
- Equity indices open in red
- Cold wave intensifies UP
- 10 kidnapped children found dead, mutilated in Tanzania
- Apple spent $60 bn, created 450,000 jobs in US in 2018
- Apple paid $120 billion to app developers since 2008
- Bhonsle' to release in May-July: Manoj Bajpayee
- My writings are obliquely biographical: Aciman
- Apple rushes to fix FaceTime 'eavesdropping' bug
- India hailed for giving refuge to Jews fleeing Nazi genocide
- Brazil dam toll hits 65
- One-way traffic on Jammu-Srinagar highway
- Featurespace Raises A£25 Million to Drive International Growth
- Former defence minister George Fernandes dies at 88 after prolonged illness
- Cabinet may soon approve relief package for farmers to boost their income
- Escorts Q3 net profit up 52% at Rs 140.11 crore
- Farm equipment and engineering major Escorts on Monday reported a 52.34 per cent increase in standalone net profit at Rs 140.11 crore for the third quarter ended December 2018.
- Mamata Banerjee condoles demise of Fernandes
- West Bengal Chief Minister Mamata Banerjee Tuesday condoled the demise of former union minister George Fernandes, saying he was a much admired trade union leader.
- Rahul Gandhi condoles demise of Fernandes
- Congress President Rahul Gandhi on Tuesday condoled the demise of former defence minister George Fernandes.
- PM Modi condoles demise of Fernandes
- Prime Minister Narendra Modi Tuesday condoled the demise of former union minister and socialist leader George Fernandes, saying he was frank and fearless and never deviated from his ideology.
- Goa govt sets up special court to hear illegal mining cases
- The Goa government has set up a special court for speedy trial in cases related to illegal mining in the coastal state after receiving several police complaints in this connection.
- Rupee slips 12 paise to 71.22 against USD in early trade
- The rupee Tuesday depreciated 12 paise to 71.22 in early trade amid strengthening American currency and rising crude prices.
- Market starts on a volatile note as US-China trade war concerns rise
- The BSE benchmark Sensex and NSE Nifty Tuesday started on a volatile note tracking weakness in global equities amid fresh concerns over US-China trade talks.
- Tax evasion probe:I-T dept raids 74 locations in TN
- The Income Tax Department Tuesday launched searches at 74 places in Tamil Nadu in connection with a tax evasion probe against some real estate groups and a retail store chain in the state, officials said.
- Sikh community in US distributes gift cards, hot Indian food to TSA employees
- The Sikh community of Indiana State in the US distributed Indian food and gift cards to the employees of the federal Transportation and Security Administration who have not received their pay checks due to the partial government shutdown lasting for a record over 35 days.
- India-born billionaire on trial in US for bribing doctors
- An India-born onetime billionaire and founder of a drug company went on trial in the US along with four others on charges of paying doctors millions of dollars in bribes to lure them into prescribing a highly addictive opioid painkiller meant solely for cancer patients.
- Kvitova hails end to Grand Slam issues at Australian Open
- Australian Open finalist Petra Kvitova hailed the end of her Grand Slam bad luck -- and of a two-year transition following a knife attack that almost ended her career.
- Ronaldo v Zapata: Juventus tackle Atalanta in Coppa Italia
- Cristiano Ronaldo locks horns again with Colombian ace Duvan Zapata as Juventus travel to Atalanta on Wednesday with a Coppa Italia semi-final berth at stake.
- Solskjaer says trophies more important than top four for Man United
- Ole Gunnar Solskjaer says trophies are more important for Manchester United than a top-four finish as he targets success in two cup competitions over the second half of the season.
- U.S. charges China's Huawei over alleged Iran sanctions violations
- China to offer some subsidies on cars, appliances to lift weak demand
- After 1MDB, Malaysia launches anti-graft plan to clean stables
- Gold hits over 7-month peak as Huawei case sparks risk-off sentiment
- Oil inches up on Venezuela sanctions, but China slowdown weighs
- GAIL (India) Ltd Slides 1.68%
- Persistent Systems jumps after Q3 earnings
- Market drifts lower in early trade
- Security & Intelligence Services India acquires majority stake in two Singapore firms
- Former defence minister George Fernandes
- Escorts skids 6% on lower volume growth guidance for tractor industry
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- MARKETS LIVE: Indices pare losses, Nifty above 10,650; PSU banks rally
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- \"Featured Block - blog - Position 0 - Voices Of Success: Sustainability Is Key At Frasers Property\
- \"Featured Block - blog - Position 0 - Luke Kelly\
- \"Featured Block - blog - Position 1 - Indonesia's Third-Wealthiest Billionaire Dies At Age 98\
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- \"Featured Block - blog - Position 2 - Davos Man's Real Problems Are In Tokyo\
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- US unveils criminal charges against Huawei, company executive
- US charges China's Huawei, top executive with fraud
- Japan stocks slip as Wall Street's fall sours sentiment
- US imposes sanctions on Venezuela's state-owned oil giant
- Apple spent $60 billion last year with 9,000 American component suppliers and companies, an increase of more than 10 per cent from the year before -- supporting more than 450,000 jobs.
- The US Justice Department has unveiled criminal charges against Chinese tech giant Huawei and its detained Chief Financial Officer, Meng Wanzhou, outlining a decade-long attempt by the company to steal trade secrets, obstruct an investigation and evade economic sanctions on Iran.
- aSovereign Equity' Launched as a Solution to Sovereign Debt and Financial Inequality in Davos Debate
- NMPA Accepts New Drug Application for IBI-305, a Biosimilar Product Candidate of Bevacizumab (Avastin®)
- CNOOC Limited Announced a New Discovery in UK North Sea
- Mass fish death in Australian river
- Trump agrees to deliver State of the Union on Feb 5
- Ten children kidnapped in Tanzania have been found dead with their body parts mutilated, an official told CNN.
- Two held for killing elderly couple in Delhi
- A severe cold wave tightened its grip on Jammu and Kashmir on Tuesday even as the Met forecast another spell of moderate snowfall beginning late on Wednesday.
- The cold wave intensified in Uttar Pradesh on Tuesday with icy winds causing temperatures to drop further, the weather office said.
- Former Defence Minister George Fernandes, long-time socialist and a trade unionist, who fought the Congress all his life died on Tuesday after prolonged illness. He was 88.
- Tornado kills 3 in Havana
- A powerful tornado has passed through the Cuban capital, leaving three people dead and 172 wounded, Cuban President Miguel Diaz-Canel said on Monday.
- Be always alert about your personal data, experts stress
- About 8,000 Facebook users die daily, is your digital will ready?
- Samsung Galaxy 'M' smartphones now in India
- Digital news outlets Buzzfeed, Verizon lay off over 1,000 journalists
- Global IT spending to reach $3.8 tn in 2019: Gartner
- SHAREit most downloaded tool app in 2018 in India
- Throwing a serious question on the future of digital journalism, two big media outlets -- Buzzfeed and Verizon which owns HuffPost, Yahoo and AOL -- have announced to lay off more than 1,000 journalists globally.
- Was told I’m not a cow: Lisa Haydon on breastfeeding her kid
- Was told I’m not a cow: Lisa Haydon on breastfeeding her...
- Scientists spot what may lead to motion sickness
- Tuberculosis remains world’s deadliest infectious disease
- Zika’s effects on newborns persist even in adults
- Can ‘Acting’ Help Improve Memory?
- Infosys arm to Hold Contest on Malnutrition in India
- ‘Sanju’ teaser to release on April 24 morning
- Transgenders not allowed to vote, observers barred in Pakistan
- Sri Lankan tourist police told to learn Hindi
- Riddhi Sen gave world beating performance in ‘Nagarkirtan’: Shekhar Kapur
- UBI looks at Rs 3,000 cr recovery, expects to turn profit this fiscal
- UBI looks at Rs 3,000 cr recovery, expects to turn profit...
- ‘Gumnami Baba’ announcement has elicited unbelievable response: Srijit Mukherji
- George Fernandes passes away at 88
- Sensex declines 100 pts, Nifty at 10,650
- Buy or Sell: Stock ideas by experts
- Stocks that are likely to be in focus
- Government sets March deadline to resolve 9 top insolvency cases
- China decries 'political manipulations' behind Huawei case in US
- Mindtree founders hope to stall takeover
- Apple to make #ShotOniPhone challenge winners happy, will pay them licensing fee
- What makes up real estate sector's budget wishlist
- Paytm Mall rejigs team to focus on ‘Offline to Online’
- RBI asks P2P lenders to furnish key details
- Robert Bosch invests in IISc’s SimYog Tech
- CreditVidya gets $3 million
- Jobs galore for engineers as startups, IT companies, MNCs vie for their attention
- Swiggy, Zomato boycott by Ahmedabad hotels continues
- How to avail credit from P2P lending platforms
- Goel needs to hike SIPs, scale down goal
- Kotak Equity Opportunities Fund: Fund review
- Will I be able to create a corpus of Rs 1.2 crore for my daughter’s higher studies?
- What is the ideal number of mutual funds you should have in your portfolio?
- Aggressive hybrid funds can give 3-4 per cent extra than FDs, says Rahul Baijal of Sundaram Mutual
- Microsoft Surface Pro 6 available in India at a starting price of Rs 83,999
- AQI India review: This app will show you real-time pollution level around you
- Twitter testing new feature to help track the identify of who started fake tweet
- For the love of peace: Anand Mahindra wants to find the quietest place in India
- Samsung unveils Galaxy M10, M20 starting at Rs 7,990
- Is Apple working on an affordable version of the iPad?
- Thackeray Jr's reception a glitzy do; Tata, Ambanis, Maharashtra CM in attendance
- Vivek Oberoi starts shooting for PM Modi biopic in Ahmedabad
- Flashback: When ex-PM Manmohan Singh underwent a redo cardiac surgery in 2009
- Country suffers from ODOMOS-overdose of only Modi only Shah: Omar Abdullah
- Assembly polls in Haryana, Maharashtra, Jharkhand may be clubbed with LS elections
- Confiscated benami assets worth Rs 6,900-cr: I-T dept
- India,Pakistan to kick off T20 World Cup in Australia
- Tax evasion probe: I-T department raids 74 locations in Tamil Nadu
- Say no to blind spots: Indian origin team develo...
- India Inc's boardrooms: Only 6 out of 100 chairp...
- I-T department raids 74 locations in Tamil Nadu
- Govt sets deadline to resolve 9 top insolvency cases
- SBI alleges Aadhaar data misuse, UIDAI rubbishes charge
- Inconsistent financial show makes Chalet a cautious bet
- How to claim ELSS SIP tax break when switching jobs
- Why Apple iPhones won’t be 'assembled in USA
- सेंसेकà¥à¤¸ टà¥à¤¡à¥‡ | शेयर बाजार: कमजोर आगाज, सन फारà¥à¤®à¤¾ 2% चढ़ा
- Sanjay Sethi on why Chalet Hotels decided to go ahead with IPO
- Sunil Subramaniam: In 2020, banks to be key driver
- PSU Bank index up; BoB among top gainers
- Bajaj Finance, Finserv may post robust profit growth
- Rupee slips 8 paise to 71.19 against dollar
- HEG, Omax Autos among top losers on BSE
- Adani Power, Praj Industries top gainers on BSE
- ‘Investors can look at ‘AAA’ papers, liquid and ultra-short term funds’
- Zee shares gain after agreement with creditors; brokerages not convinced
- Investors should have equities and debt because Indian bond yields are high: Bill Maldonado, HSBC Global AMC
- Say no to blind spots: Indian origin team develops new model for safer self-driving cars
- India Inc's boardrooms: Only 6 out of 100 chairpersons are women
- UP Cabinet at Prayagraj today, could discuss Ram Mandir issue ahead of VHPs Dharm Sansad
- Why was probe on CBDT chief’s kin halted: Congress
- Give whole report to petitioners: Bombay High Court to Maharashtra
- Like Turkey, India turns to Central Bank for help before polls
- George Fernandes
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- Amity University Online
- BMW X4
- Bajaj Allianz
- Most developers continue to reinforce a long pending demand of awarding industry status to the sector.
- The fund manager prefers companies that can generate consistent cash flows, have proven business models with efficient management and are available at reasonable prices.
- The sweet spot for the ideal number of funds tends to be three or four, anything more is a waste of effort. In fact, depending on the size of someone’s investments, it could be even less.
- Most aggressive hybrid schemes had a rough year in 2018. Most of them were in red, while just two schemes managed positive returns.
- ​​Logins and biometrics of Aadhaar operators have been misused to generate unauthorised Aadhaar cards, said SBI.
- Ad: BITS Pilani WILP
- Data demand grows as e-commerce takes root
- Q3 preview: Bajaj Finance, Bajaj Finserv likely to post robust profit growth
- Sensex drops 50 points, Nifty tests 10,650 amid weak global cues
- We have a fairly significant development pipeline: Sanjay Sethi, Chalet Hotels
- NSEL Scam: Massey sent to police custody till February 5
- Adani Power, Praj Industries among top gainers on BSE
- Buzzing stocks: ZEEL, Bank of India, YES Bank, RIL, MSI
- FDI grew 18% in FY18 to Rs 28.25 lakh crore: RBI data
- Election Commission wants ban on all party E-ads 48 hrs before polls
- Mandir issue hots up ahead of Vishwa Hindu Parishad meet
- Assam government launches credit-linked subsidy scheme for farmers
- IT shares dip; HCL Tech down over 1%
- A tiny screw reveals why iPhones won’t be 'assembled in USA
- Wipro plans to double campus hiring this year as company sees growth
- UK retailer Tesco restructuring threatens 9,000 jobs
- Brokerage firm Sharekhan sees a 24.90 per cent year-on-year (YoY) rise in net profit for Bajaj Finance.
- Asian markets were trading mostly in the red on Tuesday.
- In the Nifty pack, 27 stocks were trading in the green, while 22 stocks were in the red.
- The local currency opened the day at 71.13 against the greenback.
- Our business model has served us very well and we are looking at growing the portfolio, says Sethi.
- Massey was arrested on late Sunday night from Navi Mumbai by the sleuths of the Economic Offences Wing (EOW) of the Mumbai Police after an hour-long chase.
- Among the 50 components in the Nifty index, 30 shares were trading in the green, while 20 were in the red.
- The NSE Nifty index was trading 41.7 points down at 10,619.85 while the BSE Sensex was down 109.42 points at 35,547.28 around 09:17 am.
- The nonpartisan Congressional Budget Office said the cost of the shutdown would make the U.S. economy 0.02 percent smaller than expected in 2019.
- US has officially charged the Chinese tech giant, accusing them of misleading banks about the company's business and violating U.S. sanctions.
- The premises of Saravana group business owner Yogirathinam Pondurai are also being covered as part of the action, they said.
- While the rest of the country suffers from too much ODOMOS - overdose (of) only Modi only Shah," Abdullah tweeted Monday.
- Fernandes, a long time Rajya Sabha MP from Bihar, was a key member of the Janata Dal. He founded the Samata Party.
- The government is taking several measures for the economic and social development of farmers, Sarbananda Sonowal said.
- Ten women's teams will play in 23 matches from February 21 to March 8, with reigning champions Australia to clash with India in the opening game in Sydney.
- Bangladesh government with support from friendly partners had stumbled upon an alleged plan by Pakistan's ISI to smuggle a huge cache arms for the operation that was planned ahead of the elections
- Strong track record of our company has meant that many people were willing to lend, says Piramal
- George Fernandes, ex-Union minister and anti-Emergency stalwart, dies at 88
- George Fernandes passes away: Condolences pour in for former Union minister
- Apple could be working on ‘Netflix for Games’ streaming service: Report
- Navjot Singh Sidhu launches Amritsar BRTS, says wants to give it a chance to succeed
- Gurinder Chadha’s Blinded by the Light: An ode to Bruce Springsteen
- Plastic factory fire in 2017 a case of negligence: Punjab and Haryana HC
- Hina Khan, Vidya Balan and Sunny Leone attend Dabboo Ratnani 2019 calendar launch
- Priyanka Chopra and Nick Jonas dance the night away at another wedding reception
- Gurinder Chadha's Blinded by the Light: An ode to Bruce Springsteen
- George Fernandes, the poster boy of anti-Emergency, dies at 88
- Apple FaceTime privacy bug lets one hear audio from the other end, fix coming
- Honor View20 India launch today: How to watch livestream
- Apple could be working on 'Netflix for Games' streaming service: Report
- PM Modi condoles demise of George Fernandes: ‘Fiery leader who fought for justice’
- Former Union minister George Fernandes dies at 88
- Over 75% voting in peaceful Jind bypoll
- Punjab: Finance Commission visit from today, state to raise farm loan waiver, militancy-related debt
- Amritsar train tragedy effect: Now, a ‘to-do’ list for district authorities in case of gatherings near tracks
- Punjab mulls law to allow bullock cart races at Kila Raipur
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- <p>Comlux Completion in Indianapolis, Indiana, recently delivered its 11th VIP aircraft completion: a 737-700 Boeing Business Jet. The interior, developed in collaboration with the Asia-based client, showcases the company’s innovative “engineered luxury†capabilities in the large to very large business jet aircraft segment.</p><p>http://comlux.com/completion</p>
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- Comlux Completion Brings the Client’s Vision to Life - A BBJ is Born"
- <p>Comlux Completion in Indianapolis, Indiana, recently delivered its 11th VIP aircraft completion: a 737-700 Boeing Business Jet. The interior, developed in collaboration with the Asia-based client, showcases the company’s innovative “engineered luxury†capabilities in the large to very large business jet aircraft segment.</p><p>http://comlux.com/completion</p>"
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- The event will come to a close with the ever-popular tune of Sare Jahan Se Acha. This year, 15 Military Bands, 15 Pipes and Drums Bands from Regimental Centres and Battalions are participating in Beating the Retreat ceremony. Besides one each of Indian Navy and Indian Air Force band will also form part of the event. Another band of the State Police and CAPF comprising Central Industrial Security Force, Central Reserve Police Force and Delhi Police will also take part.<br />
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- Copyright:(C)Tue 29 Jan 2019, 10:25:412019Tue 29 Jan 2019, 10:25:41 Bennett Coleman & Co. Ltd, http://info.indiatimes.com/terms/tou.html
- I-T department raids 74 locations in Tamil NaduThe premises of Saravana group business owner Yogirathinam Pondurai are also being covered as part of the action, they said.
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- The Nifty IT index was trading 0.70 per cent down at 15,014.90 around 10:13 am.
- Copyright:(C)Tue 29 Jan 2019, 10:09:022019Tue 29 Jan 2019, 10:09:02 Bennett Coleman & Co. Ltd, http://info.indiatimes.com/terms/tou.html
- Our CAGR on revenue is about 23% year on year for the last two or three years which has resulted in EBITDA growth close to about 50%. That is a very healthy revenue and EBITDA growth, Sanjay Sethi, MD & CEO, Chalet Hotels, tells ET Now. Edited excerpts:There is concern in the market that you have revised the IPO fund raising plans due to volatile market conditions. Could you clarify on that? Markets will be markets at the end of the day. We need to see what our company strategies are and our company strategies today are to grow the business. We have got a business model that has served us very well over the years and we are looking at growing the portfolio in the coming years. We have done our roadshows. On the roadshows, we got significant comfort from potential investors to go ahead and we decided to go ahead with the IPO on the strengths of our operating capabilities and the numbers that we will be able to deliver. How will you use the overall IPO proceeds? Also what are your capex plans? We have a fairly significant development pipeline. We have three hotels under construction and I will take it through them. We are building a 260-room hotel in Airoli, Navi Mumbai, which will the largest hotel in the Navi Mumbai area. We are adding another 178-room hotel in Hyderabad which is a few hundred meters from the existing Westin Hotel. We are literally adding capacity there. Finally at Powai, where we already have 773 rooms, we are adding a new hotel of 150 rooms and we have signed an MOU for that hotel. You managed to see a very impressive turnaround in your FY17 profits. But in FY18, the profit was significantly lower. How would you explain this? 2017 had an exceptional line item where we had some intergroup company holdings where we exited those holdings to clean up internal shareholdings. As a result, there were profits which got recorded in other income and therefore that was an unusual year. What you got to look at is our EBITDA numbers. Our EBITDA numbers are a healthy 40 odd percent at the hotel asset level and 38% at a company level. That has been growing year on year for us fairly aggressively. What is your outlook on the revenue growth? On a year-on-year basis, it has been flat. Where do you see it headed going forward? I cannot talk about future revenue growth. But I would like to address your statement about flat revenue growth in the past which is not true. Our CAGR on revenue is about 23% year on year for the last two or three years which has resulted in EBITDA growth close to about 50%. That is a very healthy revenue and EBITDA growth.
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Tuesday, January 29, 2019
Latest News Headlines Tue Jan 29 10:53:26 IST 2019
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