India Business

81% Hotel Occupancy Decline in India while Singapore manages with just 29.2%

81% Hotel Occupancy Decline in India while Singapore manages with just 29.2%

Occupancies across hotels in key cities witnessed a sharp decline, as travel restrictions intensified and India continued the lockdown.

Bharti Telecom to raise USD 1 billion by Selling 2.75 percent stake in Bharti Airtel

Bharti Telecom to raise USD 1 billion by Selling 2.75 percent stake in Bharti Airtel

Bharti Telcom, the promoter group company of telecom major Bharti Airtel will sell 2.75% stake in the company to raise USD 1 billion.

ITC to acquire Kolkata-based spices company Sunrise Foods for Rs 1,800-2,000 crore

ITC has signed a share purchase agreement with Sunrise Foods Private Limited to acquire the spices company with strong presence in Eastern India. Sunrise Foods has been in the market for nearly 70 years and the company has a strong portfolio of blended and natural spices. ITC will pay and estimated Rs 1,800 to 2,000 crore for acquisition of Sunrise Foods. ITC has been improving its product portfolio and pan-India presence in FMCG sector and acquisition of Sunrise Foods will give it a strong foothold in East

ITC has signed a share purchase agreement with Sunrise Foods Private Limited to acquire the spices company with strong presence in Eastern India.

Microsoft Windows Major Update for 2021 Codenamed Iron (Fe); Small Update Could Start Rolling Out Next Week

Microsoft Windows Major Update for 2021 Codenamed Iron (Fe); Small Update Could Start Rolling Out Next Week

Microsoft has codenamed the next major update for Windows 10 operating system as Iron (Fe) and this update could be offering during first half of year 2021.

FPI Investments Reach Rs 9,000 in May at Attractive Stock Valuations

FPI Investments Reach Rs 9,000 in May at Attractive Stock Valuations

Indian markets have offered many value buying options amid panic sell-off led by COVID-19 lockdowns.

JioMart Grocery & Fresh Products Service Launches in Many Cities Across India

JioMart Grocery & Fresh Products Service Launches in Many Cities Across India

Mukesh Ambani’s latest ecommerce venture JioMart has launched in additional cities across India after the company ran a pilot project in Mumbai.

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