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HOSPITALITY COMPANIES
These large- mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the bulls attempt another serious comeback, the market again faces a familiar question: Are valuations still too high, or have they reac...
Texas Rice University students raise $1.85 million to build drone network for life-saving medical deliveries. Here's how it worksSeven Rice University engineering students have launched Haast Autonomous, a startup poised to revolutionize medical logistics. Securing $1...
KKR eyes at least $1 billion stake in Medicover's India hospital arm, source saysGlobal investment firm KKR is in advanced discussions to acquire a significant stake in Medicover's Indian hospital operations. The deal is...
FEMA probe against Apollo Hospitals, 5 directors closed after compounding order: EDA foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...
Manipal Hospitals is said to plan $1 billion IPO in JulyManipal Health Enterprises is likely to launch its IPO as early as next month, targeting a valuation of around $10 billion. Backed by Temas...
Himalia Prime Assets acquires eco-resort near BengaluruHimalia Prime Assets has acquired Our Native Village eco-resort near Bengaluru for 25 crore rupees. The company plans to invest another 25 ...
IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
DS Group to launch Marriott International’s W Hotels brand in Delhi NCRDS Group is launching a 200-room W Hotels property in Delhi NCR in 2027, investing Rs 400 crore. This expansion increases their hospitality...
Cloudnine's 25% stake sale attracts top global PE firmsLeading global private equity firms are in the running to acquire a substantial minority stake in Cloudnine, India's premier maternity and ...
TDI Infratech to invest Rs 75 cr in upcoming Ramada hotel in HaryanaTDI Infratech is pouring Rs 75 crore into an opulent hotel project in Panipat, Haryana, set to bolster the region's hospitality scene. The ...
Royal Orchid plans to add 50 hotels, betting on local demand boostRoyal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge...
No Covid, yet Rs 3.71 lakh hospital bill: Gujarat man's insurance paid only Rs 1.78 lakh, deducting Rs 1.64 lakh; Then court delivered justiceA Gujarat consumer commission ordered a hospital and doctor to refund Rs 1.64 lakh to a patient. The patient was wrongly billed under a Cov...
Apollo Hospitals taps Shobana Kamineni to chair soon-to-be listed Healthtech unitApollo Hospitals is appointing Shobana Kamineni as executive chairperson of its upcoming medical equipment business, Apollo Healthtech. Thi...
The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...
Indian staffing cos step up global reach to diversify revenuesIndian staffing companies are actively expanding their global reach. They are tapping into international talent shortages across sectors li...
GIC's common empanelment of hospitals win-win for all stakeholders: IFFCO-TOKIO MDThe General Insurance Council is introducing a common hospital empanelment platform. This initiative aims to streamline processes for over ...
Holiday home operator Elivaas plans new funding round; targets 1,200 villasElivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...
India among Marriott's fastest-growing markets; footprint to double in 5 yearsMarriott International sees India as a key growth market. The company plans to double its hotel presence in India within five years. This e...
Manipal Health leases Bengaluru hospital asset on nearly 30-year pactManipal Health Enterprises has secured a large hospital building in Bengaluru on a long-term lease. The deal spans almost 30 years, with a ...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...