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BRIJ HOTELS DEAL
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...- Investors see room for boom, quietly check into hospitalityIndia's hospitality sector is attracting significant, low-profile investment, with approximately $2 bn flowing into operational hotel prope...
- IHCL's Ginger brand is leading mid-scale opportunity in India: MD and CEO Puneet ChhatwalTata Group-backed Indian Hotels Company Ltd (IHCL) has agreed to buy around 51% stake each in ANK Hotels Pvt Ltd and Pride Hospitality Pvt ...
- IHCL shares rise nearly 2% on plans to acquire 51% stake in ANK Hotels and Pride HospitalityIndian Hotels Company (IHCL) shares surged following the announcement of acquiring stakes in ANK Hotels and Pride Hospitality for ₹110 cror...
- IHCL inks agreements to acquire 51% stake in ANK Hotels and Pride Hospitality for Clarks Hotels & ResortsIndian Hotels Company (IHCL) is set to acquire a 51% stake in ANK Hotels and Pride Hospitality for approximately ₹204 crore, adding 135 hot...
- VCs in reset mode amid exit pressure; and other top tech & startup stories this weekWhile VCs haven’t really been busy closing deals over the past year or so, their performance has surely come under increased scrutiny as li...
- New deals, investments return to hospitality industry following two year lullLudhiana-based Jujhar Group has acquired around 12.5 acres of land in its home city for construction of two hotels at prime locations, and ...
- Stocks in the news: YES Bank, Petronet LNG, Cipla, RCap and Dr Reddy's LabsThomas Cook India said it is not related with UK-based Thomas Cook PLC.
- HP Elections: There is no anti-incumbency, but BJP's campaign could tilt the balance in its favourBJP has overwhelmingly more firepower than Congress in HP and that was visible in the number of public rallies, party flags and in media ad...
- Basu was the only bhadralok I knewFor years, he has stayed out of limelight. But at 83, Brij Mohan Khaitan, chairman of the Williamson Magor group, broke a long silence to t...
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