Category: Business

Business

Mushtaq Group signs Rs 1000 Cr deal with Carlson Rezidor to open 7 hotels in JK

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Mushtaq Group of Hotels signed a portfolio agreement with one of the world’s largest hotel companies, Carlson Rezidor Hotel Group, on Monday to open seven hotels in Jammu and Kashmir. The Rs 1000 crore deal will be a major boost for tourism in the state. According to the agreement, seven hotels with 817 rooms will be opened under Radisson Blu, Radisson and County Inns and Suites by Carlson brands in the state. The first hotel is expected to open in the fourth quarter of 2016 in Srinagar. Speaking at a…

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Snowfall brings joy to tourists

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As Kashmir plains received this winter’s first snowfall, it has brought cheers to tourists visiting Valley at this time. Hundreds of the tourists visiting Kashmir’s famous tourist resort Sonamarg expressed joy. Though the road leading to Sonamarg is closed owing to slippery road conditions and chances of slides along the route, the tourists are seen enjoying snow at Gagengar, a village few kilometers ahead of Sonamarg. All the business establishments including hotels, restaurants, shops get closed in early December in view of the heavy snowfall the area receives during winters.…

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Call centre with 500 seat capacity to be functional from April

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Govt to create enabling environment for investment: Mufti Following Chief Minister, Mufti Mohammad Sayeed’s meeting with Anil Ambani, owner of ADAG  (Anil Dhirubhai Ambani Group) in Mumbai last month, Reliance Communications will make its 500-seater Call Centre functional here from April next year. This was revealed in a meeting chaired by the chief minister with a team from ADA Group here Thursday morning. The team is in the summer capital to work out modalities for setting up call centres in the two capital cities of the state. Advisor to Chief…

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Kashmir rekindles tryst with Bollywood

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With the government making all-out efforts to woo Bollywood to revive Kashmir’s link with the Hindi film industry, the tourism sector is hopeful that more Bollywood crews would shoot in the Valley in the winter months. After the completion of the first shooting schedule of “Sargoshiyan”, which was the first crew to have come here after Chief Minister Mufti Mohammad Sayeed’s meetings with several Bollywood bigwigs in Mumbai last month, the Tourism Department has started getting some response from Bollywood. “Sargoshiyan” stars Shahbaz Khan, Sara Khan and Fareeda Jalal. “The…

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Good response to chopper service for tourists

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Over the last two weeks, there had been a “good response” to the first-ever helicopter service to the tourist resorts of Gulmarg and Pahalgam. It had been flagged off by Chief Minister Mufti Mohammad Sayeed targeting high-end tourists to the Valley. “Although there are less bookings, at least 40 per cent of the enquiries every day are pertaining to the helicopter service,” said an official of the Jammu and Kashmir Tourism Development Corporation. These enquiries are mostly related to the helicopter service to Gulmarg and Pahalgam and air safaris over…

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Sajad presents Rs 2,000-crore vision document to revive livestock sector

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To give fresh impetus to the livestock sector in the state, a vision document 2025 was discussed at a high-level meeting of officials of the Animal and Sheep Husbandry Department here today. Minister for Animal and Sheep Husbandry, Fisheries and Science and Technology Sajad Gani Lone, who has devised the vision document himself, chaired the meeting. Union Secretary, Animal Husbandry, Dairying and Fisheries, Ashok Angurana, Secretary, Animal and Sheep Husbandry, Satish Nehru, directors and heads of various wings of the Animal and Sheep Husbandry and Fisheries departments, besides core group…

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Tourism deptt eyes high-end visitors from Asian countries

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No need to visit European countries for marketing which have issued travel advisories: Mahmood Following the introduction of the helicopter services in Kashmir, the department of Tourism Kashmir is aiming to attract high-end tourists within India and other Asian countries. Terming the year-2015 as ‘satisfactory’, Director Tourism Kashmir Mahmood A Shah said Valley has huge market from Asian countries for high-end tourists which, if taped, would give major boost to Kashmir tourism sector.  “Kashmir has huge market across India and other Asian countries for high-end tourism. We need not to…

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BSNL goes offline in many parts of Kashmir Valley

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State-owned Bharat Sanchar Nigam Limited is again in news for wrong reasons. The cellular services by the company in South Kashmir are down from Sunday while its broadband customers across the Valley are decrying poor connectivity. The subscribers said the mobile phone services by the company went off on Sunday evening and were yet to be restored. “Poor connectivity has become synonyms with BSNL,” Showkat Ahmad, a subscriber said. He said that while the poor mobile service is adding to the woes of the people, the disruptive broadband is a…

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PILTOF hails CM’s interest in resumption of international flights

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J&K PILTOF has hailed Chief Minister Mufti Mohammad Sayeed’s keen interest in tourism. In a statement, PILTOF said Chief Minister is pitching for promotion of tourism along with airline activity vigorously. “Chief Minister has given top preference to the promotion of tourism and urging Union Government for putting Kashmir on international map of civil aviation,” said newly elected chairman of PILTOF Nasir Shah. “If this trend continues, the day is not far when we will see international flights landing in Kashmir.” He said thousands of Kashmiris are living or working…

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Entrepreneurs admit, doing business in Kashmir is difficult

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Entrepreneurs at a workshop here today said it was very difficult for the entrepreneurs and investors to do business in Kashmir. In the backdrop of a World Bank report on ease of doing business rating Jammu and Kashmir among the ‘worst states for business’, The Silk Route Consulting Group today organized a workshop to discuss business scenario in the state. The participants at the program comprising entrepreneurs, media personnel, politicians and analysts shared their views on the current business scenario in the state and suggested measures the state government should…

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