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HOTEL INVESTMENT CONFERENCE SOUTH ASIA
Tata Group-owned IHCL to invest Rs 6,000-7,500 crore in capex over five years: ChandrasekaranIndian Hotels Company Limited (IHCL) is set to invest between Rs 6,000 crore and Rs 7,500 crore in capital expenditure over the next five y...
Revive bilateral dialogue, restore normal ties: Politicians, former diplomats from India, Pak urge both govtsOver 100 prominent figures from India and Pakistan, including former CMs Farooq Abdullah and Mehbooba Mufti, have penned an open letter urg...
Global AI wave revs up Asian factories, offsetting war-induced painAsia's manufacturing sector experienced a significant boost in June, driven by robust demand for AI-related technology goods. This surge pr...
Global funds revisit Indian stocks as oil, rupee risks recedeGlobal fund managers are reconsidering their exit from Indian stocks as falling oil prices and rupee stabilization ease key investment conc...
PepsiCo commissions second India flavour plant in Ujjain with Rs 1,266-crore investmentPepsiCo India has launched a massive Rs 1,266-crore flavour manufacturing plant in Ujjain, Madhya Pradesh. This significant investment, par...
US stocks may be headed for a sharp correction, warns Andrew Freris amid AI spending boomMarket strategist Andrew Freris warns Wall Street's rally is built on shaky ground, citing weak earnings and excessive AI enthusiasm. He ad...
Tata Communications announces strategic subsea cable investments between India and SingaporeTata Communications is significantly boosting its subsea cable network between India and Singapore, investing in new fiber capacity to enha...
Global Market: Financial firms shift Asia expansion focus to South Korea, take cautious stance on China and IndiaGlobal financial firms are increasingly prioritising South Korea for Asia-Pacific expansion while adopting a cautious approach towards Chin...
Omaxe to invest Rs 6,200 cr to build 19 hotels in 5 statesOmaxe, a key player in real estate development, has announced a bold initiative involving a Rs 6,200 crore investment over five years to cr...
Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.
Omaxe to invest Rs 6,200 crore to expand the hospitality verticalOmaxe is set to invest a substantial Rs 6,200 crore over the next 4-5 years, planning to launch 19 new hotels across five states. These dev...
China, India see top firms lose market cap share in AI lagMajor stock markets in China, India, and Hong Kong are lagging in the global AI race, with top companies now holding a smaller market share...
Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 statesReal estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will inves...
FIFA World Cup, higher airfares shape global summer travel trends in 2026: ReportDespite economic headwinds and global tensions, summer travel demand remains robust, with travelers shifting destinations rather than cance...
South Korean president to unveil massive AI and chip investment driveLee will preside over the event, framed as a national "great leap" due to be unveiled around 0500 GMT, his office said, with ministries c...
Bank of America names new Southeast Asia investment banking head, memo showsBank of America has appointed Dominic Tan as its new head of Southeast Asia investment banking, a role he will juggle alongside his existin...
Manglam Group to invest Rs 350 crore in Sheraton hotel in JaipurRajasthan's Manglam Group is investing Rs 350 crore to build a 220-key Sheraton Hotel on the Jaipur-Ajmer Highway, marking their third part...
Global Market Today: Asia stocks rebound from tech selloff, Kospi jumpsAsian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally's sustain...
Spark by Hilton debuts in APAC, opens 2 hotels in Bengaluru, GoaHilton has launched its Spark by Hilton brand in Asia Pacific with new hotels in Bengaluru and Goa. This expansion is part of a significant...
West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...