Events are an opportunity for hotels to make money, but some have a tough time distinguishing between profits and super-normal profits, as executives from a big Bangalore-based IT company discovered. Attending the Nasscom India Leadership Forum in Mumbai, they occupied a table for 15 minutes at a restaurant of the hotel where the event was being held — and were slapped with a bill of Rs 12,500 (Rs 15,500 including taxes). This, even though they had pre-booked a table for Rs 26,000 for the conference and had, in fact, used it for half an hour less than the allotted time. The officials, who had not placed, an order were not allowed to leave the premises till they paid, “We met some clients and decided to have a casual chat for 15 minutes. If the restaurant was full we could understand. But there were hardly any people at that time,” the official said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
