In a regulatory filing, Lemon Tree Hotels announced the "opening of the hotel in Dwarka, under the company's brand 'Lemon Tree Premier'. The hotel is situated adjacent to the Iskon gate, which is just a kilometre from the Dwarkadhish temple". … [Read more...] about Lemon Tree Hotels opens new property in Gujarat
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Profit booking continued in the pharma sector. Markets reacted uncertainly to global cues and it was likely to continue, he said. "The downside looks limited but investors are advised to remain cautious, considering the valuations of some of the stocks,” Nair said. … [Read more...] about Taking Stock: Weak global cues cap upside, investors book profit in pharma stocks
Mahindra Automotive North America (MANA), a subsidiary of Mahindra & Mahindra, was looking to set up a plant in Michigan in the US and had even signed a letter of intent with the RACER Trust, the Indian automaker had said in August 2019. … [Read more...] about Mahindra cancels bid for $6.3 billion deal to supply trucks to US Postal Service
Business owners are at a tipping point, and many have been shut out of federal aid—especially those that are minority-owned. But small businesses are also crucial to a city’s entire economic recovery. “It will be far more difficult to restart and repair the economy than it was to shut it down,” the report reads. Small business relief is a crucial part of that recovery, but it’s intertwined with all the other issues we need to tackle, too, from health to housing. “Testing, tracing and public health standardization have to be the first priority,” Kenneth Jacobs, chairman and CEO of Lazard Ltd, says in the report. “The second priority is getting our small businesses back, and third is ensuring the security of all New Yorkers.” … [Read more...] about A small businesses eviction crisis is coming, too
• Debt funds have some risk (interest rate risk, credit risk, etc.) and hence, are capable of providing better returns than fixed deposits (FDs). But this is not guaranteed. FD interest rate is known beforehand. Same is not the case with liquid funds. But well-run liquid funds are generally able to beat the interest rate earned on FDs of similar duration, that too if held for 3+ years (where they get better tax benefits). … [Read more...] about Viewpoint | Where to invest emergency money – savings account, fixed deposit or a liquid fund?