Hyatt Hotels, the hospitality company in Chicago, plans to create more than 30,000 jobs in India over the next five years and to grow its India portfolio to more than 250 hotels by 2030, according to a report by the Free Press Journal that draws on a CNBC-TV18 interview. Mark...
Diageo Brings Smirnoff Ice to India
United Spirits Limited, the India subsidiary of London-based Diageo, has launched Smirnoff Ice in India, the first time the vodka brand has entered the ready-to-drink segment in the country, Mint reported on Thursday. Ready-to-drink products are pre-mixed alcoholic beverages sold in a can or bottle. The company has two versions:...
KKR Backs New Liquid Storage Platform in India
KKR, the investment firm based in New York, has agreed to take a majority stake in Cisternina Logistics, a bulk liquid and gas storage and logistics company in India. KKR signed definitive agreements, and the financial terms were not disclosed, Mint reported. Cisternina was founded in 2024. The investment will...
Scotch Whisky Prices Fall in India After UK Trade Deal
India is the largest consumer of whisky in the world and Scotch whisky has become less expensive in parts of India since the India-UK trade agreement took effect on July 15. Mint, called it the first price drop since the agreement and said prices fell 10% to 15% in states...
Shripad Naik Reappointed Head of AYUSH Ministry
56-year-old Shripad Naik started his political journey in 1988 when he became the General Secretary of the Bharatiya Janata Party in the state of Goa. In 2014 Naik was re-elected to the 16th Lok Sabha - the lower house of parliament - for a fourth term. Prime Minister Modi appointed him...
India to Establish Itself as a Filming Destination
The Government of India set in motion fresh initiatives to establish itself as an international shooting destination in the same league as well-established location sectors in Eastern Europe or Latin America. Authorities in 2016 established the Film Facilitation Office (FFO) with the aim "to streamline approvals for both foreign and...