Ahmedabad school children pay tribute to victims of last year's serial blastsJuly 27th, 2009 AHMEDABAD - School children in Ahmedabad, on the first anniversary of the serial bomb blasts in the city, offered tribute to the victims. A series of 16 bombs had ripped through Ahmedabad on the eve of July 26, 2008, killing 49 people.
ITC not to make takeover bid on East India HotelsJuly 24th, 2009 KOLKATA - Tobacco-to-hotels major ITC Ltd will not make any takeover bid on East India Hotels, a top company official said here Friday. ITC, through its wholly-owned investment arm Russell Credit Ltd, holds 14.98 percent share in EIH Ltd, which runs Kolkata's Oberoi Grand hotel.
Correction: China-Luxury ShanghaiJuly 9th, 2009 Correction: China-Luxury ShanghaiSHANGHAI — In a July 6 story about Shanghai
Iconic Waikiki hotel closes because of mounting financial lossesJuly 9th, 2009 Iconic Waikiki hotel closesHONOLULU — The Y-shaped Ilikai hotel that has graced the Waikiki skyline for nearly five decades and hosted everyone from U.S. presidents to Elvis Presley is closing.
Hotel giant Starwood announces plans for luxury hotel in Bermuda capitalJune 29th, 2009 Starwood announces plans for luxury Bermuda hotelHAMILTON, Bermuda — A U.S. hotel and leisure company announced plans Monday to build a luxury hotel in Bermuda, where the vital tourism sector has been hit hard by the global economic crisis.
UN condemns Pakistan hotel blastJune 11th, 2009 UNITED NATIONS - UN Secretary-General Ban Ki-moon Tuesday strongly condemned the bombing of a luxury hotel in Pakistan's northwestern Peshawar city in which at least 11 people were killed, including an UN official.
In a statement issued here, Ban said he was saddened by the "large number of dead and wounded", including a UN refugee agency staff who died in the attack.
Conman's Bollywood connections to be probed: policeJune 5th, 2009 AHMEDABAD - Ahmedabad police said Friday they could question some Bollywood producers in connection with arrested conman Ashok Jadeja, who duped thousands of people by posing as a godman. "We are going through a diary recovered from Jadeja which has a large number of names.
Aegon Religare to hire 3,500 advisors for GujaratMay 21st, 2009 AHMEDABAD - Brushing aside recession blues, Aegon Religare Life Insurance Thursday announced plans to hire 3,500 financial advisors in Gujarat over the next four months. 'Currently we have 200 advisors in Ahmedabad, Vadodara, Rajkot and Surat.
Ahmedabad Commodity Exchange gets upgrade nodMay 15th, 2009 AHMEDABAD - The Forward Markets Commission has accorded in-principle approval to the 53-year-old Ahmedabad Commodity Exchange (ACE) to upgrade and convert itself into a nationwide multi-commodity exchange on the basis of an application made in 2008. 'The Ahmedabad Commodity Exchange has invited Kotak Group as an anchor investor, subject to satisfying conditions stimulated in the approval, and necessary corporate and regulatory approvals,' said ACE president Pravinbhai Thakkar while announcing the development Friday.
Air India to launch daily Ahmedabad-Frankfurt flightMay 9th, 2009 AHMEDABAD - Air India is set to launch a daily direct flight from here to Frankfurt from June 1, the airline said Saturday. Flight AI-120 Ahmedabad-Frankfurt, a Boeing 777-200 aircraft with a passenger capacity of 291, will depart the Sardar Vallabhbhai Patel International Airport at 2.05 a.m.
Emirates offers free stay at Dubai luxury hotel for passengersApril 27th, 2009 NEW DELHI - Gulf carrier Emirates Airline Monday unveiled a special offer for its passengers flying via Dubai - a free stay at a luxury hotel in the emirate. All first and business class bookings, made for travel on Emirates between May 15 and September 15, will be eligible to receive free accommodation, including breakfast, at the Address Downtown Burj Dubai, a luxury hotel situated next to Dubai Mall, the company said in a statement.
Attempt to fling shoe at PM in AhmedabadApril 26th, 2009 AHMEDABAD - An unidentified man attempted to fling a shoe at Prime Minister Manmohan Singh as he entered the Tagore Hall in Paldi locality of Ahmedabad here Sunday to address a rally. The shoe did not hit the prime minister.
IIM-Ahmedabad hikes tuition fees by Rs.50,000 a yearMarch 29th, 2009 AHMEDABAD - The Indian Institute of Management, Ahmedabad (IIM-A), Sunday decided to raise its post-graduate tuition fees for first and second year students by Rs.50,000 annually from the 2010 academic session. Fees for first-year students will be be increased from Rs.5.5 lakh per annum now to Rs.6 lakh, and that for second-year students from Rs.6 lakh to Rs 6.5 lakh, a senior official of the institute told IANS.
Management programme at IIM-A to get expensive from 2010-11March 29th, 2009 AHMEDABAD - India's premier management institute, the Indian Institute of Management, Ahmedabad (IIM-A) plans a hike in fees for its Post Graduate Programme in Management (PGPM) y Rs 50,000 from 2010-11. Talking to reporters after a meeting of IIM-A Board of Governors headed by Vijaypath Singhania in Ahmedabad on Sunday, institute Director Samir Baura said, "Last year we had decided that the fee for PGPM for 2008-09 would be Rs 5.5 lakh and for 2009-10 it would be Rs 6 lakh.
IIM-Ahmedabad to host venture capital conference FridayFebruary 2nd, 2009 AHMEDABAD - The first edition of the 'Leverage 2009', a two-day venture capital and private equity conference, will begin Friday at the Indian Institute of Management-Ahmedabad (IIM-A). In the conference, industry experts, practitioners, advisers, academicians and students will talk on key issues and trends related to venture capitalists, private equity investors and entrepreneurs, organisers said Tuesday.
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