Beware of these 774 rising penny stocks; stock exchanges up vigilThe companies that have been shortlisted under the graded surveillance measures are suspect in nature, with price movement not supported by...
06 Mar, 2017, 02.31 PM IST
More than 80 hotels up for grabs as valuations soften after more than two years; Shamin Hotels, Louvre Hotels look for propertiesTens of hotel properties in the country are expected to change hands in the coming months with softening of valuations.
31 Jan, 2015, 05.51 AM IST
Hotel deals to pick up as buyers check inMore than 80 hotels, ranging from mid-market to premium segments, are up for grabs as valuations soften after more than two years.
29 Jan, 2015, 12.24 PM IST
Congress moves PM Narendra Modi for re-probe into Mumbai Centaur Hotels saleIn the wake of CBI action in the sale of Udaipur's Laxmi Vilas Palace Hotel, Congress has asked Prime Minister Narendra Modi to direct the ...
14 Sep, 2014, 11.43 AM IST
Tribunal asks ARCIL to stay auction of Tulip Star hotelIn a major relief to Nirmal Lifestyle, DRT has directed ARCIL not to proceed further on auctioning of the Tulip Star Hotel at prime Juhu Ta...
29 Jan, 2014, 04.00 AM IST
Mumbai’s Centaur hotel at Juhu up for sale at over Rs 1,300 croreThe Asset Reconstruction Company (India) Ltd (Arcil) has set a reserve price of Rs 1,315 crore for the six-acre sea-facing property on Juhu...
13 Dec, 2013, 09.33 AM IST
- Bombay High Court clears deck for Centaur land development
In 2005, Siddhivinayak Realties had agreed to purchase Centaur Hotel from Ajit Kerkar, former chief of Indian Hotels, and the Tulip Group.
12 May, 2013, 04.55 PM IST
- Legal battle over Tulip Star Hotel's 6-acre land continues as arbitrators cancel deal
Siddhivinayak Realties wants the agreement to be honoured to get control of this prime plot on Juhu beach.
20 Jul, 2011, 04.50 AM IST
- International brands bet high on Indian budget hotel segment
Even as the domestic hospitality sector is back on recovery, global players such as Golden Tulip and Premier Inn are betting big on the bud...
11 Apr, 2010, 02.49 PM IST
- Global brands bet high on Indian budget hotel segment
Global players such as Golden Tulip and Premier Inn are betting big on the budget hotel segment, that boomed during the economic downturn.
11 Apr, 2010, 12.47 PM IST
- Global hotel biggies make a beeline for India
Many global hotel chains plan to enter India and some that are already present in the country are keen on expansion. The companies are bett...
22 Mar, 2010, 08.57 AM IST
- Lowland high spots
Early morning programmes after a gruelling overnight flight that was over 8 hours long aren’t the best way to start a tour of any country.
10 May, 2007, 12.29 AM IST
- Istithmar, easyHotel to ink pact for budget chain
Dubai-based Istithmar Hotels and UK-based easyHotel are close to signing a JV agreement to launch a chain of budget hotels across the count...
02 Apr, 2007, 02.24 AM IST
- Budget hotels to check in with 2,500 rooms
Budget hotels are set to claim a larger share of the Indian hospitality sector pie.
26 Jan, 2007, 03.58 AM IST
- Global hospitality majors make beeline for India
Global hospitality majors like Dawnay Day, Whitbread, Jumeirah, Golden Tulip, Istithmar and Mandarin Oriental are exploring plans of enteri...
29 Nov, 2006, 12.57 AM IST
- Budget hotels seek room in malls
Spiralling real estate prices and rising interest rates are forcing penny-conscious budget hotels to redraw their business strategy.
18 Aug, 2006, 12.20 AM IST
- High interest rates hit budget hotels' expansion plans
Robust real estate prices and rising interest rates could make life difficult for India’s budget hotel industry forcing them to either incr...
07 Aug, 2006, 12.00 AM IST