May 1, marks the day when the State was formed after the enactment of the Bombay Reorganisation Act, 1960. Soon after India became independent in 1947, there were demands from across the country to rearrange the states along linguistic lines.
Business
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IHCL reports a positive EBITDA of INR 83 crores in Q4; sees a 118% increase in Q4 over Q3
For the year ending March 31st 2021, the Board of Directors have recommended an equity dividend of 40% amounting to Rs. 0.40 per share.
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GoAir launches car rental service
It has partnered with Eco Europcar to provide last-mile connectivity to its passengers across 100 cities
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HAI requests FM to extend moratorium period, customise ECLGS scheme and reduce loan interest rate
HAI has highlighted that while ECLGS 3.0 offers liquidity to pay interest obligations, it does not help businesses to survive
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ITC to help set up 200-bed COVID care facility in Kolkata
Medica Superspecialty Hospitals will set up and manage this temporary facility at Kishore Bharati Stadium
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Trivago collaborates with TUI to power the new ‘Activities’ section on its site
Travellers will have access to more than 55,000 experiences in over 100 countries
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Hyatt unveils ‘Together by Hyatt’ suite of events offerings
The hybrid events solutions include opportunities to utilise Headspace and Swapcard, providing planners with support, education and inspiration for events during the pandemic and beyond
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Keventers and Amba Dalmia Foundation Trust pledges to raise Rs. 1 Cr for providing critical care to COVID-19 patients
Their key focus is around providing lifesaving sources of Oxygen for those in need in Delhi NCR
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Wyndham’s revenues declined from $410 million in Q1 2020 to $303 million in Q1 2021
The decline includes lower pass-through cost-reimbursement revenues of $55 million in the Company’s hotel management business, which have no impact on adjusted EBITDA
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Four Seasons launches hybrid meetings
The multi-broadcast, hub and spoke, video conferencing, and gala-to-go offerings allow hosts and planners to create memorable experiences while maintaining guest health and safety