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INDIAN HOTEL INDUSTRY
IHCL shares in focus as Q2 revenue rises 22% YoY, firm hikes FY27 guidance. What Jefferies and other brokerages are sayingIHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel ma...
Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
IHCL reports revenue from operations of Rs 2484 cr for Q2, PAT at Rs 380 crIndian Hotels Company Limited has announced a revenue of Rs 2484 crore for the second quarter. The company expects to surpass its goal of a...
IHCL Q2 Results: Tata Group-owned hotel chain's net profit jumps 19% to Rs 379 croreIndian Hotels Company Ltd, under the Tata Group, has announced a remarkable 19.35% rise in consolidated profit for the September quarter, s...
Delhi-NCR invokes GRAP-I as AQI rises to 244, air quality likely to remain ‘poor’The Commission for Air Quality Management has invoked Stage-I of GRAP across Delhi-NCR after Delhi’s AQI rose sharply from 179 on October 2...
Sweet sellers face heat over shelf life rules ahead of DiwaliWatchdog agencies in states such as Uttar Pradesh and Uttarakhand are among those that have made this mandatory. The directive aims to help...
Marco Rubio, S Jaishankar discuss energy ties as India-US trade deal nears finalisationUS Secretary of State Marco Rubio and S Jaishankar discussed energy security, defence, technology and regional issues in Mumbai. Rubio said...
Stocks in news: Reliance Industries, Eternal, IREDA, Yes Bank, Trent and Hindustan ZincIndian equity benchmarks experienced a decline as profit-booking occurred amid rising crude oil prices. The Nifty 50 dropped significantly,...
In second visit within months, Rubio calls on India to scale up US energy and defence buysIndia and the US are actively working to expand energy and defence cooperation amidst existing tensions. US Secretary of State Marco Rubio ...
Tech picks: Indian Hotels among 5 stocks to buy for healthy returns in short termThe Indian stock market is rebounding, powered by robust investments in IT sectors and encouraging earnings reports. Analysts highlight fiv...
Nifty rally faces crucial test at key resistance levels: AnalystsNifty gained 3% last week, forming a higher-top and higher-bottom structure, indicating bullish sentiment. Analysts suggest it must breach ...
Ventive Hospitality in talks to acquire 2-3 luxury hotelsVentive Hospitality, a joint venture between Panchshil Realty and Blackstone, is in discussions to acquire luxury hotels. The company aims ...
From Deoghar to Udupi: Family offices bet Rs 2,000 crore on hotels in pilgrimage townsNearly Rs 2,000 crore has been committed across key religious destinations over the past 12-18 months, according to Noesis Hotel Advisors, ...
Kavya Maran, Anirudh Ravichander wedding: Couple reportedly to tie the knot in Greece, host grand reception in Chennai - Date, venue and other detailsExciting news is brewing as reports suggest Kavya Maran and Anirudh Ravichander are set to tie the knot this November. The wedding is slate...
Luxe redux, it's a pleasure: Luxury retail in India is moving away from 'dictatorial' exclusivity to 'collaborative' empathyIndia's luxury market is projected to surpass $12 billion by 2028, reflecting a significant shift in consumer behavior. Millennials and Gen...
Stocks in news: RIL, Wipro, Jio Financial, Tata Communications, YES Bank, PNBFrom a technical perspective, the 23,000–23,100 zone remains an immediate resistance level for the Nifty, according to Ponmudi R, CEO of En...
Robust pipeline: Hotel chains look beyond metros for growthIndia's hospitality sector is set to add 161,074 branded hotel rooms over the next five years. Approximately 117,000 of these rooms are cur...