Reading Time: 2 minutes India: The Leela Palaces acquired a 76-acre nature resort near Madikeri in the South Indian state of Karnataka, reopening as The Leela Coorg Forest Sanctuary later this year. The resort offers 71 villas with 19 more planned. A four-bedroom presidential villa offers a private pool and integrated wellness facilities. The IGBC…
Manufacturers stopped operations after supplies of propane and natural gas reduced sharply in recent days. Source link
Ceramics manufacturing is energy-intensive, relying on propane and natural gas to fire kilns at high temperatures. “Roughly four out of 10 manufacturers use propane. The others use natural gas,” Amit Prajapati, a manufacturer told the BBC. The manufacturers say they purchase propane from private companies, while piped natural gas is received from a state-run distributor….
India ramped up the use of a key tool in defending the rupee to record levels, according to people familiar with the matter, as it seeks to support the currency which is at an all-time low against the dollar. Source link
India is sending additional warships to the Gulf of Oman and Arabian Sea to ensure the safe passage of its vessels in anticipation that Iran may allow more of its fuel tankers to exit the Strait of Hormuz, people familiar with the matter said. Source link
For four days, Maya Rani, 36, has been arriving each morning at a gas distributor’s office in Delhi, her six-month-old daughter in her lap, waiting for hours. And each day she returns home empty-handed, told that a cooking gas cylinder may not be available for at least another week. Around her, the queue keeps growing,…
India’s educational enrolment has surged but jobs, especially good ones, are not keeping pace, a new report finds. Source link
THE WHAT? India’s antitrust regulator is investigating Givaudan, DSM-Firmenich and IFF over alleged agreements not to poach each other’s employees. THE DETAILS The Competition Commission of India (CCI) launched the probe in August following a leniency application, reviewing at least 30 internal emails suggesting a long-standing “gentlemen’s agreement” between the companies. The alleged arrangements, dating…
A man walks past a HDFC Bank stall at the Global Fintech Fest in Mumbai, India, 06 September, 2023. Nurphoto | Nurphoto | Getty Images Shares of India’s HDFC Bank slid 5% Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call on Thursday,…
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