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ORIENTAL HOTELS MERGER
Oriental Hotels board approves merger with Indian Hotels Company Limited (IHCL)Oriental Hotels Limited's board approved an amalgamation scheme with The Indian Hotels Company Limited. This significant merger requires ap...- Quant Mutual Fund bets on under-owned, under-researched, undervalued and neglected territory stocks for alpha generationQuant Mutual Fund is strategically focusing on under-owned, under-researched, and neglected market segments for higher alpha generation. Th...
- Who is Truong My Lan, the Vietnamese real estate tycoon behind one of the world's biggest banking scamVietnamese real estate tycoon Truong My Lan was convicted of orchestrating a massive bank fraud, siphoning billions of dollars through shel...
- How Vietnam's real estate tycoon got caught in a 'Blazing Furnace' in country's biggest $12.5-billion corruption scamTruong My Lan, chairwoman of Van Thinh Phat Holdings Group, has been sentenced to death for her role in a $12.5 billion financial fraud, th...
- Stocks in news: Zee Entertainment, Hero MotoCorp, Biocon, Greaves CottonOrient Cement has entered into a non-binding agreement with Adani Power Maharashtra for setting out the understanding for facilitating bona...
- Does it make sense to play mean reversion trade in metals? Chakri Lokapriya answers“The strength in consumer names will continue because of the big fat Indian wedding season. Hotels as destination venues, automobiles, gold...
- Hits & misses! Amid merger buzz, here’s how Tata stocks are faring on D-StreetAccording to a recent ET report, Tata Sons has commenced plans to halve the number of listed companies in the conglomerate to an estimated ...
- Stocks in the news: RIL, Adani Enterprises, TCS, DLF, DMart and Tata PowerGNA Axles, 5Paisa Capital, Vikas Lifecare, Ganga papers India, Excel Realty and Add-Shop ERetail are among the companies that will announce...
- Four midcap stocks that are poised to take off"From an investment perspective, we at Motilal Oswal have a positive view on United Spirits because of the kind of presence that it has and...
- The week in 10 stocks: YES Bank in turmoil; auto, hotel counters rallyFriday’s fireworks helped Sensex & Nifty closed the week gaining 1.7 per cent & 1.8 per cent.
- Sitharaman isn't done yet. Govt to announce one more economic booster dose this weekRBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indicated that...
- European shares dip as focus turns to Sino-US trade disputeThomas Cook shares fell 30 per cent to a six-year low, putting the stock on track for its biggest one-day drop since end 2011.
- Tatas to cut down number of companies listed on boursesThe group’s thinking is that some listed companies are small in terms of market capitalisation, revenue and profit, and these could be fold...
- A $60 million Yatra on the cards for shareholdersOnline travel portal files for potential offer for sale of shares with US Securities and Exchange Commission which will benefit some stakeh...
- We need to see much more robust growth in our rate structure: Rakesh Sarna"We have been working very closely on our digital strategy, our revenue manamgent strategy and focussing on the day of the week business an...
- We will now sell our products at right price: IHC's Rakesh SarnaIn an interview with ET, Sarna, who likes to call a spade a spade, shares a progress report of his turnaround plans, plans to combat multin...
- Market valuations in 2013 will be relatively steady: Amit Khandelwal, Ernst & YoungThere will be both inbound deals and increased interest by Indian cos to access the latest technical know-how, R&D capabilities and enter n...
- Orient-Express becomes hedge funds' darling; all eyes on TataAmid speculations that Indian conglomerate Tatas may soon come out with a takeover bid, the global luxury hotel chain Orient-Express is see...
- Livid Tatas seek apology from Orient-Express HotelsOrient CEO in a letter said that tying up with the predominantly Indian hospitality firm will erode the US hospitality chain's brand image....
- Waiting on cusp of an exponential growthThe introduction of reforms and enhanced competition in the sector have provided more choice to the consumer in the form of several airline...
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