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HOTEL ACQUISITION
ITC Hotels reports net profit of Rs 182 cr for Q1FY27, revenue at Rs 936 crITC Hotels achieved Rs 936 crore revenue and Rs 182 crore profit in Q1 FY27. The company also acquired Welcomhotel Ahmedabad for Rs 155 cro...- ITC Hotels Q1 Results: Net profit jumps 35% to Rs 180 crore; acquires GHK Hospitality for Rs 155 croreITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased comp...
- The Jaypee clue: Adani may be quietly building its next money-spinnerAdani Group is exploring management deals with Accor and ITC Hotels for acquired properties. This move signals a broader hospitality ambiti...
- Adani in talks with Accor, ITC Hotels to manage Jaypee hospitality assetsAdani Group is negotiating with Accor to manage Delhi and Agra hotel properties. Separately, discussions are underway with ITC Hotels for a...
- Jaypee deal to help Dalmia Bharat have pan-India presence: MD Puneet DalmiaDalmia Bharat plans significant pan-India expansion, primarily through organic growth. The company is also open to strategic acquisitions t...
- Assam Budget 2026-27: Spotlight falls on polygamy after big announcement by state FM Jayanta Malla BaruahAmong Assam's 2026-27 budget proposals, a major one is that polygamous men will be barred from accessing government schemes. Additionally, ...
- NRI sells his Bangalore property for Rs 2.63 crore, declares Rs 16.33 lakh LTCG, gets tax notice; he fights and wins partial relief from ITAT for this reasonSold property for Rs 2.63 crore and reported Rs 16.33 lakh LTCG, claimed home loan interest, travel, water, electricity and brokerage as ex...
- TVS VENU's Atelier Expressions to acquire majority stake in Delhi's luxury mithai brand KhoyaAtelier Expressions will acquire a majority stake in Khoya. This luxury handcrafted mithai brand was founded by Sid Mathur in 2016. The tra...
- Delhi High Court dismisses Zostel’s fresh petition against OyoThe Delhi High Court dismissed Zostel's latest petition against PRISM on July 8. This marks Zostel's ninth unsuccessful judicial attempt in...
- CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
- Zostel hits Oyo IPO filings; PhonePe’s new CTOZostel asked Sebi to review Oyo’s IPO filings, escalating their dispute over the Zo Rooms acquisition. This and more in today's ETtech Top ...
- Rewards company Onpoint raises $600,000 from First Cheque, Whiteboard, othersConsumer rewards company Onpoint secured six hundred thousand dollars in new funding. This capital will fuel expansion of its loyalty platf...
- Prestige Estates buys 50% stake in Advent Convention and Hotels International for Rs 504 crorePrestige Estates Projects Ltd is set to enhance its market presence by securing a 50% stake in Advent Convention and Hotels International L...
- India's youngest self-made billionaire is looking for a room on D-StreetA teenager once pitched ₹30 lakh for a slice of his startup and mostly got no for an answer. That same idea now heads toward the public mar...
- Oyo parent Prism files updated IPO papers for fresh issue worth Rs 6,650 croreOYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceed...
- PRISM’s IPO filing mentions Zostel case, CCI investigationIn its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect ...
- PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26Oyo's parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality...
- Orient Express giant yacht sets sights on tech billionairesOrient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive the 19th century travel b...
- ITC charts growth through FMCG, digital farming and fresh foodsITC Ltd is aggressively pursuing a medium-term growth strategy, aiming to become India's top FMCG player by bolstering core brands and expl...
- TSC India announces expansion into hotels and visa servicesJalandhar-based TSC India Ltd has expanded its travel services platform by entering the hotels and visa segments. The company acquired GITH...
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