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IHCL ACQUISITION
Tata Sons back on track in FY26 with ₹32,000 crore net profitTata Sons, the holding company of the Tata Group, reported strong performance in FY26 despite global geopolitical uncertainty, according to...- IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
- IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages sayThe Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequenti...
- IHCL shifts focus to overseas expansion as domestic business runs on autopilotThe Indian Hotels Company, affectionately known as IHCL, is setting its sights on global horizons. With its domestic operations thriving, t...
- IHCL completes acquisition of 51 pc stake in Brij Hospitality for Rs 222 crIndian Hotels Company (IHCL), a Tata Group firm, has finalized its acquisition of a 51% stake in Brij Hospitality for approximately Rs 222 ...
- IHCL's diversification strategy shields growthIHCL MD and CEO Puneet Chhatwal said escalating West Asia tensions may impact global travel in the near term, but the hospitality sector re...
- IHCL net jumps over 50% in Q3, new businesses boost revenueIndian Hotels Company (IHCL) reported a 51% surge in third-quarter net profit to ₹954 crore, driven by a 12% revenue increase to ₹2,842 cro...
- IHCL posts Q3 revenue of Rs 2,842 crore, PAT at Rs 954 croreTata Group-backed IHCL reported strong Q3 growth with higher revenue and net profit, aided by exceptional gains and robust hotel performanc...
- IHCL eyeing strategic acquisitions to expand presence in key markets, enter new destinations: MD Puneet ChhatwalIndian Hotels Company Limited (IHCL) is strategically pursuing acquisitions to broaden its footprint in existing markets and venture into E...
- IHCL acquires majority shareholding in operating company of Tree of LifeIndian Hotels Company (IHCL) is acquiring a majority stake in Tree of Life Resorts & Hotels, aiming to expand the brand to 100 properties b...
- IHCL Q2 results: Co reports revenues at Rs 728 cr, losses narrow down to Rs 131 crIHCL's losses narrowed down to Rs 131 crore from Rs 252.09 crore in the corresponding period of the previous fiscal. IHCL had reported reve...
- Indian Hotels Company announces 100% acquisition of Sea Rock hotel siteIn November, 2019 IHCL's board of directors had approved the terms for the settlement to acquire the 14.28% shareholding. The payment will ...
- IHCL and GIC create Rs 4000 crore platform to acquire hotel assetsThe IHCL will put in 30% equity in every such acquisition, while the rest will come from GIC.
- IHCL faced 'near-death experience' due to acquisitions: Cyrus P Mistry officeBesides, the "acquisition was housed in an off-balance sheet structure and upon folding it into IHCL, a large impairment has had to be ackn...
- N Chandrasekaran backs IHCL's foreign asset dealsChandrasekaran assured shareholders that the board of directors have always acted in the best interest of the company and will continue to ...
- 'What if Tatas withdrew guarantees to IHCL?'“We would like to know if the independent directors noted this dichotomy and asked Mistry about the allegation that eroded market value,“ s...
- Tatas may question 'independence' of some Taj directorsLast Friday , all six independent directors of IHCL (better known as Taj Hotels) backed Mistry's continuation as IHCL chairman.
- Indian Hotels board clears 80.1% stake acquisition in LEPPLPursuant to the foregoing, ELEL Hotels & Investments Ltd, the licensee of the erstwhile hotel Sea Rock site, will become a subsidiary of th...
- IHCL acquires Hotel Sea Rock for Rs 680crIndian Hotels Company will set up a hospitality landmark at the site including a world-class convention centre.
- IHCL to focus on foods, Tata Tea on beveragesSuddenly Tatas are mining the foods and beverage (F&B) space, taking a shot at every M&A move in the sector.
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