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V Hotels: NCLT OKs Macrotech Developers' acquisition of Centaur Hotel owner's V Hotels

Lodha Group-owned Macrotech Developers is paying around Rs 890 crore to acquire the hotel property in Juhu, an affluent suburb in western Mumbai. The bankrupt hotel company had admitted liabilities of over Rs 2,500 crore. Financial lenders of V Hotels had in June 2023 approved Macrotechs resolution plan with all voting in its favour. ....

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Disinvestment: The big privatisation pushback

Disinvestment: The big privatisation pushback : Rashtra News #Disinvestment #big #privatisation #pushback In recent years, disinvestment has been a major watchword for the Centre. Last year, its budget was in some senses even anchored on expected disinvestment revenue, with the government looking to earn Rs 1.75 lakh crore from the monetisation of PSUs (public sector ....

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Nod to absorption of 145 Srinagar hotel staff

The administrative council, which met here under the chairmanship of lieutenant governor Manoj Sinha, approved absorption of 145 permanent employees of the Centaur Lake View Hotel, Srinagar, in Sher-i-Kashmir International Convention Centre (SKICC), Jammu and Kashmir Cable Car Corporation Ltd (JKCCC) and Jammu and Kashmir Tourism Development Corporation Ltd, Srinagar (JKTDC). ....

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AG Office Srinagar celebrates audit week

Srinagar: On Sunday, the Accountant General Office, Srinagar held a vibrant marathon cum cleanliness drive to celebrate the commencement Audit Week.
Marathon from Dalgate to SKICC/Centaur Hotel was flagged-off by PAG Pramod Kumar and DAG Inabat Khaliq early in the morning in presence of distinguished personalities including renowned environmentalist Manzoor Wangnoo and Baby Jannat, prominent footballer Ishfaq Ahmed, and DFO Ghazala ....

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