My first reaction when I heard that the country’s first Conrad was opening in Pune, was, “Why Pune?” The India debut of Hilton Worldwide’s luxury flagship was much-awaited by its patrons and those who track the hospitality industry. Conrad had been planning its India foray for quite a while, on the back of its growing GDP and the interest from the local market in fresh hospitality experiences. Pune, then, seemed a rather offbeat choice.

Mumbai-headquartered Tata Power on Friday said it expects 40 percent of power generation from renewable sources of energy in the next five years.

Ever since the Adani Electricity Mumbai Ltd (AEML) took over Mumbai’s power circle in August from the Anil Ambani-led Reliance Infrastructure (RInfra), consumers have taken to social media on the unduly excessive electricity bills received by them.

Realty firm, Godrej Properties, on Friday said liquidity has been a challenge for the real estate sector even before the current non-banking financial company (NBFC) crisis.