• THE Park Hotels Launches Newest Luxury Hotel in Juhu, Mumbai
    CompaniesTHE Park Hotels Launches Newest Luxury Hotel in Juhu, Mumbai

    THE Park Hotels, pioneers of luxury boutique hotels in India, brings its legendary design vocabulary to the city of dreams, Mumbai, with the launch of its newest hotel. Strategically located at Juhu Tara Road, THE Park Mumbai is set to bring contemporary design, rejuvenating spaces, innovative dining and sensuous entertainment into this vibrant part of the city.   THE Park Mumbai   Close to sprawling Juhu Beach and overlooking the Arabian Sea, the hotel is an uber-cool retreat in this urban hub.  A striking charcoal grey facade by top architect Sanjay Puri is punctuated by burnt orange and fuchsia windows that perfectly reflect the spectacular sunsets.   THE Park Mumbai   The 60 room design hotel has 6 categories of rooms; with spectacular views of either the Arabian Sea or the city while some overlook the historic Juhu airfield. The rooms and studio suites have been designed with a monochromatic colour palette with world-class amenities. The room rates start from INR 17,000 onwards.   Meishi, an elegant space off the lobby is an Asian inspired all day dining fusion restaurant – Japanese, Thai, Chinese, and a hint of Indian; using fresh and organic ingredients and currently open only to resident guests.   The Saffron Room, a 2500 sq. ft. banqueting space on the first floor is a perfect place for social events and corporate meetings. The hall has two different types of lighting to enhance and make events even more spectacular.   Speaking about the launch, Ms. Priya Paul, Chairperson, Apeejay Surrendra Park Hotels Ltd. said, “We are excited to add this important address to our collection of hotels. Mumbai is a vibrant city and THE Park Hotels will add to it by bringing immersive and Anything But Ordinary experiences. Our vision is to have a slice of THE Park in every city people travel to.”   Mr. Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels Ltd. said, “We are happy to launch of THE Park Mumbai today. It is our first managed hotel under THE Park Hotels portfolio. Mumbai is India’s key metropolitan city and business hub and we are delighted to expand our footprint here. Our Juhu location is well positioned for travellers in the media and entertainment industries.”   The hotel is owned by Aumi Grandera Luxury Properties Private Limited. The owners of the hotel, Mr. Kriish R Puri and Mrs. Shloka Puri Hemdev, commented, “We are glad to be associated with Apeejay Surrendra Park Hotels Ltd. THE Park has been in the business for more than 50 years and understands the Indian and international consumer well. We are extremely excited about our partnership and are all set to bring in a great hospitality experience in bustling Juhu.”   Opening soon is a dramatic whisky bar with a cosy alfresco patio, as well as addition of more rooms, a Presidential Suite, a spectacular poolside bar on the rooftop as well as a gym and spa.   THE Park Hotels celebrated its 50th anniversary last year across 6 cities.   About THE Park Hotels THE Park Hotels, pioneers of luxury boutique hotels in India are present in the major cities & leisure destinations. Situated in prime locations, they house some of India’s most inventive restaurants, liveliest bars & nightclubs, award winning spas and health clubs. The state-of-the-art business aids, edgy art & stylish spaces, all make them a natural choice for the corporate & leisure traveller.   THE Park is present in Bangalore*, Chennai*, Hyderabad*, Kolkata*, Mumbai, Navi Mumbai, New Delhi* and Visakhapatnam, with upcoming hotels in Pune, Kolkata and Indore. THE Park Collectionis intimate, personalized, and tailored to transmit an inimitable guest experience. It consists of THE Park Calangute* (Goa), THE Park Baga River (Goa), The Denmark Tavern (Kolkata) and The Vaadhyar’s House (Chettinad).   Zone by The Park is an upscale social catalyst brand by THE Park Hotels, for design-conscious price-conscious guests. Zone has its presence in Coimbatore, Jaipur, Jammu, Kolkata, Jodhpur, Chennai ORR, Raipur, Bengaluru with upcoming hotels in Gurugram, Jaipur, Surat, Igatpuri, Puducherry and Goa.   *A member of Design HotelsTM   For more information, please visit www.theparkhotels.com.  

  • Mr. Dinesh Pangtey Appointed as CEO of LIC Mutual Fund
    CompaniesMr. Dinesh Pangtey Appointed as CEO of LIC Mutual Fund

    Mr. Dinesh Pangtey has been appointed as Chief Executive Officer of LIC Mutual Fund. Mr. Pangtey started his career as a direct recruit officer with LIC of India in 1984 and has risen through the ranks to this senior position. Prior to taking over as CEO of LIC Mutual Fund, Mr. Dinesh Pangtey was Director and Chief Executive Officer at LIC HFL AMC.   Mr. Dinesh Pangtey takes charge as CEO of LIC Mutual Fund   Mr. Dinesh Pangtey has 35 years of experience across Private Equity, life, Pension, Group Superannuation Scheme and Insurance sector. During his stint as CEO with the private equity division of the LIC Group, Mr. Pangtey completed investment of the maiden Fund corpus and achieved exit from 4 portfolio companies with an IRR of 22% and returned 79% of the amount drawn from Investors.  He strategized the setting up of the new Fund under SEBI AIF platform & directly raised 92% of the base corpus. The Fund is shortly poised to exhaust the green shoe option and close at Rs. 1000 Cr.   He is a Direct Recruit Officer in LIC at various key positions with expertise in marketing. He has served as Regional Manager Marketing channel in Western Zone spanning the States of Maharashtra, Gujarat and Goa. He has headed Divisions like J&K, Ahmedabad & Delhi.   Mr. Dinesh Pangtey has a Bachelor's Degree in Science. About LIC Mutual Fund LIC Mutual Fund was established on 20th April 1989 by LIC of India. Being an associate company of India's premier and most trusted brand, LIC Mutual Fund is one of the well-known players in the asset management sphere. With a systematic investment discipline coupled with a high standard of financial ethics and corporate governance, LIC Mutual Fund is emerging as a preferred Investment Manager amongst the investor fraternity.   LIC Mutual Fund endeavours to create value for its investors by adopting innovative and robust investment strategies, catering to all segments of investors. LIC Mutual Fund believes in providing delight to its customers and partners by way of superior investment experience and unparalleled service thereby truly bring them Khushiyaan, Zindagi Ki.    For further information, please visit the website www.licmf.com.  

  • Elon Musk in trouble for calling a cave diver a pedophile
    CompaniesElon Musk in trouble for calling a cave diver a pedophile

    Tesla CEO Elon Musk has landed himself in trouble by calling a cave diver a pedophile on Twitter; a defamation case has been filed against him that will go to trial on October 22nd, according to recent court filings.

  • Air India offers hefty discounts on last-minute tickets
    CompaniesAir India offers hefty discounts on last-minute tickets

    National carrier Air India announced hefty discounts on the last minute ticket bookings, giving a huge relief to passengers from heavy prices post grounding of Jet Airways.

  • It's Official! Hamleys now a Reliance Industries property
    CompaniesIt's Official! Hamleys now a Reliance Industries property

    The Reliance bought it from Hong Kong-listed C Banner International Holdings, who had acquired it in 2015 for a price tag of 100 million pounds ($130.2 million). So for obvious reasons, the current selling price should be more than that.

  • What are the documents required to get a business loan in India?
    Finance and MarketsWhat are the documents required to get a business loan in India?

    A business loan can be availed for a start-up or an existing business. Such advances provide a necessary boost to help a business implement a big project without liquidating personal savings or other assets.

  • Flipkart Summer Carnival sale begins with smashing deals from Day 1
    CompaniesFlipkart Summer Carnival sale begins with smashing deals from Day 1

    Flipkart's 'Summer Carnival' sale has begun from May 4 (Saturday) and it will go on till May 7 (Tuesday); with raining offers from Day 1, huge discounts are on offer for the electronic good.

  • No interaction with the media: Air India orders employees
    CompaniesNo interaction with the media: Air India orders employees

    Any violation of the Air India order will be viewed very seriously and appropriate action as per applicable service regulations/ instructions would be taken against those found violating the same.

  • Supreme Court orders RBI to make list of defaulter public
    Finance and MarketsSupreme Court orders RBI to make list of defaulter public

    A SC bench of Justice L Nageswara Rao and M R Shah ordered RBI to withdraw their current disclosure policy under which the information cannot be disclosed on public domain under Right to information act. The court also pulled up RBI for not complying with its 2015 order.

  • SpiceJet to launch 28 new flights connecting Mumbai, Delhi
    CompaniesSpiceJet to launch 28 new flights connecting Mumbai, Delhi

    "Of these, 14 will connect Mumbai; eight will connect Delhi while the rest will connect the two metros. All the new flights are effective April 26," said the airline in a statement.