EIH, which owns Oberoi and Trident hotel chains, announced a rights issue of shares, fueling speculation that Reliance Industries Limited (RIL), which recently acquired a 14.8% stake in EIH, may subscribe to the unsubscribed portion to increase its holdings. The Sensex breached the 20,000 mark while the Nifty crossed 6,000. Connect is investing Rs. 150 crore to expand its broadband and business services by increasing its optical fiber network in Punjab. Indian IT companies created 7,000 jobs in the US last month, with 2.5 lakh jobs added over the past three years. Ford plans to launch 8 new models in India by the mid-2020s to