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Tours and Travel firm Cox & Kings today said it would raise Rs 1,200 crore from the market by issuing securities. "The board of directors of the company at its meeting held on October 09, 2014 has approved raising of funds for an amount not exceeding Rs 1,200 crore through issuance of securities, including equity shares or equity-linked securities, including through a qualified institutions placement...," the company said in a BSE filing.

Priyanka Chopra for her very first item song 'Babli Badmaash Ha' has been paid Rs 2.8 crore. With this whooping amount she let the other actress behind her. Read on for more info.

According to the reports, this airline has strong inclination towards going international in the near future. However, according to the current civil aviation rules, carriers having less than 20 aircraft or operating for less than five years are not permitted to initiate international services. In the current scenario, if this loan is sanctioned, it would surely help Go Air overcome the minimum aircraft barrier. Also, the bankers have confirmed that if they are satisfied with the proposal of this LCC, they would definitely sanction the loan.

GUJARAT JHM HOTELS, owned by the Rama family along with U.S.-based Auro Hotels, recently signed a memorandum of understanding with the government of Gujarat to develop the JW Marriott Surat Resort & Spa in Surat in the state of Gujarat, India. It is GJHM's third Marriott hotel in the city after the Surat Marriott Hotel and the Courtyard by Marriott Surat. The upcoming property will feature more than 300 guestrooms and villas, according to a joint statement by GJHM and Auro Hotels, according to a release on the Press Trust of India website. "This transformative project, backed by more than $120 million (Rs 1,000 crore) investment, aims to create jobs for 800 individuals, offer crucial infrastructure for the city's growth, and establish Surat as the commercial capital of Gujarat," said D.J. Rama, director of GJHM and president and CEO of Auro Hotels. "Aspiring to be a 'Smart City,' this strategic investment underscores Gujarat JHM's commitment to fostering inclusive development. Surat is poised to emerge as a beacon of urban advancement, seamlessly combining financial strength with technological innovation."

The Indian state of Uttar Pradesh eyes investments of more than $3.9 billion (Rs 32,000 crore) in the hospitality and tourism sector, according to a report published in Business Standard. The investment could create an additional 80,000 accommodation units through hotels and resorts, addressing the room availability deficit. Religious tourism surged post the consecration of the Lord Ram temple in Ayodhya on Jan. 22. Uttar Pradesh anticipates an annual tourist footfall of 850 million by 2028, emphasizing the expansion of hospitality units in tourism hubs like Varanasi, Ayodhya, Prayagraj, and Agra, Business Standard daily reported. "To cater to this increasing demand, the state is looking to create a robust supply of accommodation units with the development of hotels, resorts, and homestays," a government official was quoted as saying in the report.

India Travel airline business could also be struggling stay} afloat nevertheless on-line flight bookings remain a lucrative growth chance, a minimum of for the foreign companies. The US-based Expedia that entered Indian market in early 2008 has chalked out plans to capture a bigger pie of the country's $22 billion (Rs 113,000 crore) travel market.

During 2012-13, the LCC posted a profit of 993 crore INR, which is huge and has increased the lead from its rivals by a large margin. Recently, due to unavoidable circumstances, IndiGo flight fares were raised slightly. However, this huge profit has provided good scope for the LCC to hike salaries of its pilots as well as cabin crew. If the reports are to be trusted, the salaries of the pilots will be increased by 15 per cent. Also, the hike for its cabin crew would be 80 per cent, both of which will be effective from December.

Riding high on the stellar show in the Indian aviation market in the running financial year, low-cost carrier (LCC) IndiGo has set itself a new target. With a high online air ticket booking in the current quarter due to back-to-back festivals, it aims to collect a gross revenue of INR 10000 crore. Though the number is remarkably high, there is no doubt that the popular airline would do its best to reach this landmark.