Regulatory - Page 8

The National Company Law Tribunal (NCLT) has approved a Rs 595 crore settlement offer from the promoter of Appu Hotels, the operator of five star properties–Hotel Le Royal Meridien in Chennai and

AYODHYA: The first phase of land allotment within the 1,407-acre wide greenfield township in Ayodhya has received an overwhelming response from the hospitality industry. The UP Housing Board earned a significant premium

Representative Image GURUGRAM: Hundreds of illegal guesthouses continue to operate across the city. Occupying around 145 acres of land in prime sectors of the city, around 1,400 illegal guesthouses are doing big

INDORE: To strengthen the hospitality infrastructure and increase the inventory of hotel rooms in the state, Madhya Pradesh Tourism Board (MPTB) has identified land parcels at tourist locations to offer to hotels

NEW DELHI: The National Green Tribunal (NGT) has directed the chief executive officer of the Delhi Jal Board (DJB) and the member secretary of the Central Ground Water Authority (CGWA) to take

LUCKNOW: City-based hoteliers and restaurant owners were on Thursday briefed about the National Green Tribunal (NGT) directives on indiscriminate boring. In a meeting chaired by district magistrate Suryapal Gangwar, they were informed

MUMBAI: Pancard Clubs, with ₹5,034 crore of admitted claims in a bankruptcy resolution, has received three offers from Ashdan Properties, a consortium of Vijay K. Oswal, Shanti Hospitality, and Kantadevi V. Oswal,

Representative Image MANGALURU: The stakeholders of the Mangalore Hotel Association (MHA) have asked the district administration to curb the instances of mushrooming of illegal homestays and the subletting of rooms in rented

NEW DELHI: Apeejay Surrendra Park Hotels Ltd, which runs hotels under the “The Park” brand, has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,050 crore through an initial

Lenders to Mumbai-based Rajesh Lifespaces have started the process of recovering their dues from the corporate and personal guarantees issued by the promoters even as they await the go-ahead from the National