Prestige Estate Projects plans to double its hospitality portfolio over the next three to four years, investing Rs1700 crore. The company currently manages 1849 keys of hospitality assets across India, with the potential to generate revenue of Rs 1800 crore. The company is exploring new markets and expanding its portfolio in existing ones. The hospitality assets are generating an average occupancy rate of 70%, and the company is evaluating monetizing the portfolio to unlock value and alleviate cash flow stress.
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Microsoft suspends funds through 2022 to lawmakers who opposed Biden s certification
The software maker will also suspend contributions through the same period for state officials and organisations who supported objections or suggested the election should be overturned
Reuters | February 6, 2021 | Updated 11:06 IST
Microsoft President Brad Smith told employees on Jan. 21 that over the last four years 20% of its PAC donations had gone to members who voted against the Electoral College.
Microsoft Corp said on Friday it will suspend all donations by its political action committee (PAC) through 2022 to all U.S. lawmakers who voted to object to the certification of Joe Biden s election as president. The software maker will also suspend contributions through the same period for state officials and organisations who supported objections or suggested the election should be overturned.