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Day: April 17, 2015

India’s sugar output to surpass 27 mn tonnes this season: ISMA

Mumbai: Sugar production in India grew to 26.36 million tonnes (MT) by April 15, 2015, a rise of 3.21 MT from the same period last year, according to Indian Sugar Mills Association (ISMA).

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Lalit Suri Hospitality Group to invest Rs 250 crore over next two years

Mumbai: The Lalit Suri Hospitality Group plans to invest around Rs 250 crore over the next two years to expand its portfolio to 16 hotels. The hotel chain, with 13 operational hotels, will add three hotels in London, Ahmedabad and Mangar (Delhi-NCR) in the next two years.

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Online retail to boost revenues of consumer goods firms: UBS report

New Delhi: Consumer packaged goods companies such as Hindustan Unilever Ltd (HUL), Titan Co Ltd and Colgate-Palmolive India Ltd stand to benefit as online shopping gains momentum in India, according to a UBS report, which forecasts that online retailers will contribute to around 6 per cent of revenues for …read more

Ola raises $400 mn to drive expansion into smaller cities

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UGC to allocate 20% of budget to PFMS

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