It is one of the few companies that seem unaffected by the economic slowdown, especially in the hospitality sector. Not a day passes when you don’t encounter Country Club India Limited (CCIL) either in the form of a strident sales pitch by a tele-marketer or view its chairman Y Rajeev Reddy beaming out of hoardings or in television advertisements with his hand raised in a thumbs up to the...

Western India Automobile Association has joined hands with Europ Assistance India (EAI), a global travel assistance network, to provide round-the-clock car breakdown services across the country. WIAA currently operates a breakdown service catering only to customers in Mumbai between 8.00am and 12 midnight.

With this tie-up, service will be provided round the clock and any WIAA member can...

Lack of liquidity for builders will force real estate prices further down

Realty prices, at last, are on the decline in Mumbai. The global story of meltdown in real estate prices, in general, and residential property prices, in particular, had not affected Mumbai until some time back either because they were artificially kept at such levels or the builder lobby was unwilling to lower the...