NEW DELHI: Leela Palaces, Hotels and Resorts Tuesday announced the acquisition of an ultra-luxury resort in Coorg. marking the brand’s entry into immersive, nature-led and wellness anchored hospitality. The 71 all-villa property, set within 76 acres of lush landscape near Madikeri, will open as The Leela Coorg Forest Sanctuary later this year.With the addition of…
The National Company Law Tribunal (NCLT) on Tuesday approved Adani Enterprises Ltd’s Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd through the insolvency process. In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the NCLT, Allahabad bench, has “orally pronounced an order on March 17, 2026 “approving the resolution plan submitted by Adani…
Benchmark stock indices Sensex and Nifty extended gains for the second straight session on Tuesday, ending higher by nearly 1 per cent amid buying in metal and automobile shares and firm global cues.The 30-share BSE Sensex rose 567.99 points, or 0.75 per cent, to close at 76,070.84. During the session, the index had climbed as…
A Parliamentary panel has recommended an urgent and comprehensive review of the Rs 1,000 minimum monthly pension under the Employees’ Pension Scheme, 1995, saying the amount is no longer sufficient to meet the basic needs of beneficiaries amid rising living costs, reported PTI.The recommendation assumes significance as pensioners have been demanding that the minimum pension…
State-owned oil marketing companies have started asking petrol pump dealers to make advance payments for supplies of petrol and diesel, as refiners grapple with mounting revenue losses from retail fuel sales, according to a Reuters report.Nearly 90% of India’s about 1,01,470 fuel stations are linked to public sector refiners and retailers – Indian Oil Corporation,…
The ongoing Middle East war has drained Dubai of much of its travel appeal. Emirates, the world’s largest international airline, is operating some flights to Dubai almost empty, as travellers avoid the Persian Gulf. Flights from the US and continental Europe have been hit hardest, with occupancy on several routes dropping sharply, as thecarrier faces…
The Middle East crisis continues to boil and the ripples have triggered an operational stress for India’s food services sector. As LPG supply flows are disrupted amid the Strait of Hormuz transit issues, industry voices have warned of layoffs, salary cuts and widespread business impact if the situation drags on.Despite assurances from the government on…
Gold price prediction today: Gold prices will continue to take cues from crude oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Indian IT stocks had already experienced a notable drop earlier this year. (AI image) Indian IT shares tank! Shares of Indian IT companies dropped by as much as 6% on Tuesday after fresh artificial intelligence announcements from global chipmaker Nvidia, which reignited concerns about AI-driven disruption in the technology services sector. Investor caution also remained…
Top stocks to buy (AI image) Stock market recommendations: MCX, Power Finance Corporation Limited, and BSE are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for buying on March 17, 2026.MCX : Buy in the range between Rs 2,555 & Rs 2,556; Stop Loss: Rs 2,425; Target: Rs…