Tag: Hospitality

Firms look for better resources at low packages

December 25, 2008 – 7:07 am

Unable to freely hire people like last year and forced by tough market conditions, employers are increasingly taking their pick cautiously. Companies are resorting to what they call ‘upgrading talent’ or getting better resources at existing pays or even lower packages. Recently, a large Delhi-based real estate company roped in a new CFO from a [...]

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Hi-tech City Project In Kochi

June 26, 2008 – 6:41 am

Kochi will soon get international status with the upcoming of hi-tech city project worth five thousand crore rupees. The Bangalore-based Shobha Developers have signed up a MoU with the state government for setting up this hi-tech city. Sobha Hi-Tech City will be an incorporated city with focal point on research and development, knowledge dissemination, information [...]

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IHC To Spend One Billion Dollar On Buying Hotels

June 13, 2008 – 12:16 am

Indian Hospitality Corporation (IHC), a joint venture of Gordon House Hotels, Mars Restaurant and SkyGourmet Catering formed last year, plans to spend as much as $1 billion to acquire hotel groups and restaurant chains. The company has hired Ravi Deol as chairman and chief executive of Mars Restaurants, the hotel and food services division of [...]

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