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Indian Hotels completes sale of Taj Boston hotel and other corporate news

Indian Hotels completes sale of Taj Boston hotel and other corporate news

Check out the latest corporate news.


HCC has agreed to adopt the Scheme for Sustainable Structuring of Stressed Assets, also known as the S4A scheme. This was recently introduced by the RBI. (BL)

Suzlon’s first wind site in India, comprising 10 wind turbines located at Dhank in Gujarat, has completed 20 years of successful operations. (BL)

Indian Hotels Company (IHC) has completed the sale of its Taj Boston hotel for USD125mn (about Rs8.39bn). (BL)

The government has decided to rope in NTPC Ltd, Indian Oil Corporation and Coal India Ltd to help in the revival of Fertiliser Corporation of India Ltd plants at Sindri, Barauni and Gorakhpur. (BL)

The Cabinet Committee on Economic Affairs approved the disinvestment of 15% paid-up equity in NBCC India Ltd out of Government’s 90% shareholding. (BL)

Godrej Consumer Products Limited, a leading player in consumer products category, has recently set foot in Sri Lanka and Bangladesh for manufacturing Cinthol and Fairglow soaps respectively. (ET)

The battle between Goldman Sachs and GATI has boiled over into a full blown legal war with the promoter, refusing to let the US investment bank convert outstanding bonds and gain a significant stake in the company. (ET)

KKR has committed to invest Rs5.20bn in Kwality Ltd, through structured debt instruments in a transaction that is expected to rev up dairy business in the country. (ET)

Lenders led by the State Bank of India are looking to recover loans worth Rs200bn given to Alok Industries by restructuring them since asset sale is stalled amid a forensic probe by Grant Thornton. (ET)

Dr Reddy's Laboratories is recalling 9,330 bottles of Sirolimus tablets, used for prevention of organ rejection after kidney transplant, in the US due to presence of impurities. (ET)

Jet Airways said it will deploy the largest aircraft in its fleet, Boeing 777-300 ER, to meet the growing demand on the Mumbai-Singapore route. (BS)

National Aluminium Company (Nalco), a has bagged the Pottangi mines in Odisha's Koraput district. (BS)

2017-01-04 15:12:01

What a pleuasre to meet someone who thinks so clearly

2017-01-04 21:02:14

at Mass must be heard by everyone; the priest has prayers he says in a “low voice”. Some people want such prayers either removed or said out loud, because either the people should hear them or they shouldn’t be said at all. I think that shows a lack of understanding about what the liturgy is and what participation in it entails.There is value in hidden signs, they just need to be explained, not laid bare.

2017-01-04 21:23:21

My problem was a wall until I read this, then I smashed it.

2017-01-04 21:26:27

I used this product with the oil free acne scrub, and I added water as well, but it left my face so dry it flaked, which is unusual because i have oily skin. I read some really good reviews on it and thought it would work. My skin is just become back to normal since I quit using those products. Should I try using just one instead or just quit?

2017-01-04 21:31:05

Did you notice the chanting of the word “choice” like a mantra? That’s the really insidious bit. It’s such a simple word, it doesn’t look like a word whose legitimate application you need to prove, and yet it’s the crux of the whole thing, how choice functions in a society that exerts a huge amount of pressure on people to go in one direction or another.

2017-01-04 21:49:49

Going to LA for 2 days 1 night?We will be staying in the westwood area for 1 night and 2 days. We want to check out santa monica, hollywood, beverly hills etc.What do you recommend to do and where to go to get the best experience in a short amount of time?

2017-01-04 21:58:20

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2017-01-04 22:12:35

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2017-01-04 22:33:52

Right on-this helped me sort things right out.

2017-01-04 22:57:00

Congratulations! Hooah x times.Psalm 137: Children are a gift from God. (You may not believe this when they are teenagers, but until and after then, it, like the rest of the Bible, is the truth)

2017-01-04 23:47:26

What an awesome way to explain this-now I know everything!

2017-01-05 00:41:44

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2017-01-05 01:59:58

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2017-01-05 02:12:10

The sincerest form of flattery. No better evidence of the need for business travel tools like Hipmunk’s exists than the fact that the company may already have some competition. Recently, Hipmunk rival Concur launched Open Booking as an alternative to corporate travel tools. Tnooz

2017-01-05 02:12:23

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2017-01-05 02:31:59

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2017-01-05 03:07:04

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2017-01-05 03:22:29

This is a gorgeous maxi, Chelle! I love the way you styled it here better than before. The white jacket and hat really set it off! ;-)

2017-01-05 03:47:37

Thanks for the great video! If you need help installing, configuring, or setting up zen cart, check out our channel for lots of Easy Help Zen Cart Tutorials:

2017-01-05 03:53:29

Muskel”mann”??? Jaha ja, visste ikke at det var testosterontur det her! Jeg regner som deg at intet nytt om formen er godt nytt om formen jeg har begynt Ã¥ telle dager til du kommer hjem igjen jeg

2017-01-25 08:32:37

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2017-01-25 10:24:09

By October 21, 2012 - 11:54 amKaren;Just finished Matt’s book…you are right, best work yet! I especially liked the after-chapter short articles, including yours. And I wholeheartedly agree with your comment on Welch.Mike

2017-01-25 11:30:30

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2017-01-25 12:52:19

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2017-01-25 13:03:18

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2017-01-25 13:47:09

Hi Anita, das ist ja wirklich seltsam…Beim Ãœbertragen der Bilder sicher ärgerlich weil sie nicht automatisch unter dem richtigen Datum abgespeichert werden, oder?Einen schönen Abend wünscht dirJudith

2017-01-25 15:02:59

Congrats on becoming a father!Babies definitely have an agenda all of their own. Our little Joey decided to arrive 1 week early this February during the middle of a true blizzard. And my sister’s litle girl arrived at only 24 weeks. Thankfully she’s beating the statistics and doing reasonably well for her condition. So despite the craziness, you always have to consider yourself lucky.

2017-01-25 15:09:04

Hello Rayif you have a little time in Seoul You have to see this place.(37.526063, 127.038713) These coordinates are google.maps.This area is called “Apqujeong”. The subwaystation is also called “apqujeong”.This is a beautiful place with lots of small shops, bars and aNew Balance store. Here you can buy yourself the new RC 5000.Ah yes, the nightlife is also great here. Especially Friday.regards,Predes

2017-01-25 15:09:40

Trop culottés ces gens là!… j’adôooooore….Je pense que l’on pourrait détourner le procédé: genre peindre des passages cloutés « spéciaux » pour chevreuils ou sangliers en plein Paris. Des zones de stationnement pour pigeons et moineaux sur le parvis de Notre-Dame, des places de parking réservées « bandits seulement » devant le palais de Justice, etc…

2017-01-25 15:37:37

Yes it can happen if they find something when they underwrite it. A preapproval is nothing concrete it is a letter from the loan officer, basically it says that you should be ok for approval if everything you told them was correct. You should have had a commitment letter issued to you. If that was issued, then it should have listed the required documentation. Did you get that letter and return what they asked? It can happen alot, especially if people overstate their income or savings. Did they say why they won’t approve the loan?

2017-01-25 16:42:50

You write so honestly about this. Thanks for sharing!

2017-01-25 17:27:47

SÅ lekkert det bordet ditt ble:) Vi plukket kastanjer på lørdag og de var store! FLotte som hoder:)Den tønna var kjempefin,skjønner at du skrubba og vaska den ja! Ha en strålende tirsdag Randi:) Klem Eva

2017-01-25 19:07:32

Well, really, if the Evil Republicans would just stop with their Tuition Rate Increases, there just would be no problems, really, with people just really learning to speak English properly, now really.

2017-01-25 19:14:47

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2017-01-25 19:39:45

Mina dit :Bah les grouaouuuuu, c’est pas ma came.Mais les chaussures à coeur, je kiffe grave grave !!!Un fidèle lectrice, qui ne poste que rarement ^^

2017-01-25 20:51:50

If not for your writing this topic could be very convoluted and oblique.

2017-01-26 00:43:08

Gary baby, you’re up!!The crowd will not be appeased unless an answer is given.The single mother can ditch her dead end job, go under-counter and full-tilt welfare/medical. If she can hitch a disability of any sorts to that, she’s golden. WTF are you going to other than haggle over the date stamp on your generator receipt?

2017-01-26 01:42:04

Whether visiting the Algarve, Barbados or one of many islands which make up Ko Phi Phi, the main thing is to chill, enjoy the comforts of your luxury beach hotel and head on down to the beach to enjoy everything this vacation has to give.

2017-01-26 01:50:17

, “let’s pray for the persons here who are hurting the most today…” I had several conversatikons w students who don’t want to be home for the holidays because school is their safe sanctuary. Just being present, being a good listening ear…

2017-01-26 05:05:26

More posts of this quality. Not the usual c***, please

2017-01-26 05:16:27

I like to party, not look articles up online. You made it happen.

2017-01-26 05:57:27

By :RE: – I am sorry, but barring any medical bankruptcy or other extraordinary circumstance, . . ..I don’t think they make an exception for those things. They don’t in bankruptcy. – Rate this comment: 0  0

2017-01-31 21:07:11

I’m curious to find out what blog platform you are utilizing? I’m having some minor security issues with my latest website and I would like to find something more safe. Do you have any solutions?

2017-02-03 01:25:29

Hehe! Jeg er glad i pakker uansett type jeg =) Men jeg kan skjønne at menn som alltid får sokker eller slips til jul, kan ønske å bytte det i noe annet... Vi er nok ikke i målgruppen til Netcom på akkurat denne reklamen =)Finfin onsdagskveld til deg!Ane

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