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HOSPITALITY INVESTMENT
New foreign investment rule looms over AIFs, foreign investorsA new regulation threatens alternative investment funds' established structures. These funds have relied on Indian ownership for sponsor an...
CPP Investments inks pact to invest up to Rs 3,000 cr in Prestige HospitalityCPP Investments has agreed to invest up to ₹3,000 crore in Prestige Estates’ hospitality subsidiary, Prestige Hospitality Ventures, for a s...
Philips India sees India emerging as global R&D, AI hub; bets on healthcare infrastructure for growthPhilips India is focusing on growing healthcare infrastructure and artificial intelligence. The company's R&D footprint in India is signifi...
Tribeca, Ira Realty to invest Rs 2,000 cr to build Trump-branded housing project in HyderabadTribeca Developers and Ira Realty will launch a Trump-branded luxury housing project in Hyderabad. This significant development involves an...
Ironhill India crafts overseas merger with US beer chainIronhill has acquired its US namesake through bankruptcy proceedings, creating a ₹450-crore hospitality group. The Indian microbrewery chai...
West Bengal government in talks with Tata group for fresh investments: Industry Minister Tapas RoyThe government of West Bengal is currently in talks with the Tata group regarding new investments. These discussions revolve around expandi...
For medium- to long-term investors seeking sustainable growth: 5 large- and mid-caps with upside potential of up to 28%When a market starts to recover, as it is these days, the temptation is to chase whatever is running the fastest (essentially momentum). Bu...
IHCL's Ginger targets Rs 3,000 crore enterprise revenue by 2030Ginger is set to exceed ₹1,000 crore in enterprise revenue in FY27 from ₹814 crore the year ago. As of July 31, Ginger had a portfolio of 2...
Luxury hotel chains bet big on India's wellness boomIndian luxury hotel chains are investing heavily in wellness tourism. The Oberoi Group plans twenty new lifestyle resorts across India and ...
KKR deepens India healthcare bet with $1.39 billion Medicover acquisitionGlobal investment firm KKR has acquired Medicover India's hospital network for $1.39 billion. This acquisition marks KKR's third hospital p...
EIH posts revenue from operations of Rs 657 crore for Q1FY27, PAT at Rs 120 croreEIH Limited has announced impressive revenue and net profit growth for the first quarter, showcasing its robust business performance. The e...
Fortis Healthcare Q1 Results: Profit rises 2.3% to Rs 273 croreFortis Healthcare's financial report for the first quarter showcases a promising 2.3 percent rise in profit. The consolidated profit after ...
Chalet Hotels launches Athiva brand in Hyderabad and Pune business districtsChalet Hotels is adding two new hotels under its ATHIVA brand. These new developments will add 150 keys in Hyderabad and 231 keys in Pune. ...
Vizag to emerge as India's top digital infra hub, to create 52,000 jobs: ReportVisakhapatnam is set to become a major digital infrastructure hub in India. Its growing data centre ecosystem will create nearly fifty-two ...
Primus Partners opens Gurugram hub as GCCs shift beyond BengaluruPrimus Partners launched its Global Capability Hub in Gurugram. The firm now offers "Build & Operate" services for multinational companies....
KKR buys Medicover’s India hospitals businessGlobal investment firm KKR has acquired Medicover India's hospital business. Sources said the the transaction values the hospital chain at ...
KKR to acquire Medicover India in $1.5 billion dealThe transaction includes a sale of 100% stake by existing shareholders, as well as a commitment to deploy fresh capital to fund its growth ...
InterGlobe Hotels gets CCI nod for merger with multiple hospitality firmsIn a landmark decision, the Competition Commission of India has approved a notable merger involving InterGlobe Hotels, which will see multi...
Manipal Health Enterprises shares list at 11% premium over IPO price on BSE, NSEManipal Health Enterprises shares debuted on Wednesday with an 11% premium. The IPO garnered strong demand, especially from institutional i...
Manipal Health Enterprises IPO listing tomorrow: Here’s what GMP indicates ahead of market debutManipal Health Enterprises is set to list its Rs 9,275.22 crore mainboard IPO on the BSE and NSE on August 5. With grey market trends indic...