Hot Stocks: Brokerage view on Paytm, Havells, Sanofi and TCSIIFL downgraded Sanofi India to Reduce from ADD earlier with a target price of Rs 8,125. The stock continues to underperform domestic marke...
Chalet Hotels to acquire The Dukes Retreat in Khandala for Rs 133 croreChalet Hotels Limited has acquired the 80-room resort The Dukes Retreat for an enterprise value of INR133 crore ($18m). Spread over 7.5 acr...
Chalet Hotels declared successful bidder to develop and operate hotel at T3, Delhi AirportWith this, CHL will enter the northern India market. Chalet said this is in line with the planned business expansion strategy and geographi...
Cipla to acquire nutritional supplement brand Endura MassEndura and all other associated trademarks would be part of the acquisition. CHL will initiate the distribution and marketing of the Endura...
Cipla Q2 results: Net profit rises 8% to Rs 712 cr; meets D-Street estimateRevenues for the quarter rose 10.3 per cent YoY to Rs 5,485.84 crore compared with Rs 4,972.58 crore in the same quarter last year.
Chalet Hotels becomes first hospitality company globally to join Climate initiativesOver 500 companies globally have joined Climate Group's RE100, EP100 and EV100 initiatives.
Chalet Hotels Q1 results: Co posts revenue from operations at Rs 70 cr; losses at Rs 42 crChalet said occupancy for Q1FY22 was at 36 per cent as against 24 per cent for Q1FY21 an expansion of 1,200 bps. Post the second wave in Ju...
Hotel stocks soar up to 20% on RBI's liquidity supportAmong hotel counters, EIH Associated Hotels hit its upper circuit limit of 20 per cent to Rs 373.65. HLV soared 18 per cent to Rs 10.65. EI...
Chalet Hotels Q2 results: Revenue from operations at Rs 59 crore, loss at Rs 43 croreOn a quarter on quarter basis, the chain saw a marginal uptick in revenue from operations. The chain had posted revenue from operations of ...
Hoteliers, industry bodies express concerns about more hotels being requisitioned by Delhi governmentThe Delhi government had passed orders for requisitioning hotels of chains such as Accor, Hyatt, Radisson Hotels and InterContinental Hotel...
Delhi government passes new orders requisitioning four more city hotels to convert them into hospitalsThe orders passed from the office of the sub divisional magistrate Vasant Vihar state the government of the national capital territory of D...
Hospitality sector alarmed by orders from state authorities, not getting paid for services renderedCII has appealed to the chief minister to reconsider this decision as it states that hotels are neither designed nor equipped to deal with ...
Lupin, Cipla numbers raise hopes of a recoveryWe are pleased with the robust all-round performance in our key markets, said Lupin MD.
- Carlyle likely to dilute stake in Claris Life
Top private equity firm Carlyle Group is likely to partially exit Claris Lifesciences Ltd, the Rs 800-crore Ahmedabad based parenteral drug...
- CEOs salaries as high as 25% of company's net profit
This works out as a double bonanza as the fat pay packets is in addition to the dividend they get as shareholders. Bond with your boss I Yo...