The expected proceeds will be used to repay existing loans. The funding will be through a mix of non-convertible debentures and optionally ...

Pranav Kothari replaces as Educational Initiatives CEO co-founder Srini Raghavan, who will now move into the role of chief mentor while hol...

As per its website, SAMHI, which works with brands such Marriott, InterContinental Hotels Group (IHG) and Hyatt, has a portfolio of 27 oper...

Dalmia International director Gaurav Dalmia told ET, "the investment is a bet on the space and the superior quality of the management team.”

AHH will buy stakes from existing private equity investors and promoters including founder Mahesh Reddy, said two people aware of the devel...

Ashish Jakhanwala, CEO, Samhi Hotels, which runs hotels in partnerships with chains such as Marriott and Hyatt, said the co is evaluating s...

The 170-key upscale brand Courtyard and 166-key mid-market brand Fairfield are jointly located in two acres and linked by one common floor.

Air Works, an aviation maintenance and overhaul services provider, is on the block, and its promoters expect valuation of up to 1,800 crore.

Future Supply Chains is buying food logistics startup Brattle Foods in a cash, stock and debt deal aimed at strengthening back-end processe...

Royal Orchid Hotels has sold its Hyderabad five-star property hotel development and investment group SAMHI for Rs179 crore.

Royal Orchid Hotels said it has sold a hotel property in Ahmedabad to SAMHI Hotels for Rs 67 crore as a part of a debt reduction plan.

A European healthcare chain is close to acquiring a 15% strategic stake in day-care hospital chain Nova Medical’s In Vitro Fertilisation.

While the investment will involve picking up of equity stake in SAMHI by Equity International (EI), the company has not disclosed the same.

"The two interested parties are global leaders in the IVF segment," Nova Medical chairman Suresh Soni said.

Ambulatory or same- day surgery provider Nova Medical is raising fresh capital of $50 million to expand its network of surgeries in the cou...

New York-based private equity (PE) firm GTI Group is setting up a wholly-owned subsidiary, India Management Company, to invest Rs 250 crore...

In the first deal of its kind in the country’s general aviation sector, New York-based private investment firm Global Technology Investment...