Growth may remain muted for Indian hotel industry: ICRA
The Indian hotel industry is likely to witness only a marginal revenue growth of about seven per cent in 2012-13 with uncertain economy impacting demand, according to a study by rating agency ICRA.
Hospitality, auto ancillary to be negatively impacted: ICRA
Sectors like hospitality and auto ancillary will be negatively impacted by proposals announced in the Budget 2012-13 but it has brought good news for healthcare firms, tractor makers and housing finan