Intercontinental, Wyndham, Starwood to Add India Hotels

India’s new Prime Minister Narendra Modi is seeking to boost inbound tourism. Taking cognizance of the improved business climate, Bloomberg News reports that international hotel chains are expecting improved occupancy rates in the mid-market segment of the second- and third-tier cities and towns of India, and are aggressively planning to...

SoftBank to Invest $10 Billion in India

SoftBank plans to invest more than $10 billion in India, after Prime Minister Narendra Modi and telecom minister Ravi Shankar Prasad separately met the Japanese telecom and Internet giant's chairman Masayoshi Son. Son pegged India as the company's top priority. In his meeting with Prasad, Son highlighted the company's bullish...

Narmada River Project to be expanded

Within two weeks of  the new federal government taking over in India, the Narmada Control Authority (NCA) green-signaled the  Gujarat state government’s eight-year-old plea to increase the Sardar Sarovar dam’s height by installing 55 foot tall sluice gates. Sardar Sarovar is the centerpiece of the multi-billion-dollar Narmada Valley development project...

President Obama congratulates India's Prime Minister Designate, Narendra Modi

According to the White House, the President called Prime Ministerial candidate and Chief Minister of Gujarat Narendra Modi today to congratulate him on the Bharatiya Janata Party’s success in India’s historic election. The President noted he looks forward to working closely with Mr. Modi to fulfill the extraordinary promise of...

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