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Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 croreIndian Hotels Company reported a 18.5% net profit rise in Q1 FY27. Revenue per available room increased fourteen percent at domestic hotels...
Stocks in news: IndusInd Bank, Adani Green, Eternal, Maruti Suzuki, Bandhan BankIndian markets closed marginally higher after balancing mixed global cues and positive earnings. Adani Energy Solutions reported significan...
C Suite to startup street: The second act that corporate veterans are choosingSenior founders, who give up the comforts of India Inc for the chaotic energy of startups, bring to the table instant credibility, networks...
Stock Radar: Indian Hotel stock breaks out from falling channel resistance on weekly charts; time to buy?Indian Hotels Company Ltd has broken out of a prolonged falling channel on weekly charts, signalling a potential uptrend. Analysts see the ...
Hotel chains unfazed despite geopolitical shocks, high fuel costsHotel chains in India are reporting double-digit revenue growth in the April–June quarter despite geopolitical tensions, higher fuel costs ...
IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages sayThe Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequenti...
Dubai hotel rates remain stable amid shocksAverage hotel rates for new bookings in Dubai remained largely stable through April, according to data from RateGain and industry executive...
IHCL Q4 Results: Profit jumps 29% YoY to Rs 438 croreThe hotel chain has commenced a five-year capital deployment plan from financial year 2023 to 2027 totalling Rs 3,500 crore towards key ass...
Indian Hotels to EIH: Should you check into hospitality stocks now?Nirmal Bang maintains a Buy rating on Indian Hotels (IHCL), Chalet Hotels and EIH with target prices of Rs 335, Rs 378 and Rs 192, respecti...
Q3 was the most positive quarter in seven quarters for tourism industry, says Indian Hotels’ Puneet Chhatwal“Q3 was the most positive quarter of the seven quarters that have gone by for the tourism industry in general and hospitality in particular...
IHCL Q2 results: Co reports revenues at Rs 728 cr, losses narrow down to Rs 131 crIHCL's losses narrowed down to Rs 131 crore from Rs 252.09 crore in the corresponding period of the previous fiscal. IHCL had reported reve...
IHCL reports Q1 revenue from operations at Rs 345 cr; losses at Rs 301.5 crIHCL Board approves raising of long term funds not exceeding Rs 250 crore by way of secured or unsecured long term financing.
IHCL reports profit of Rs 213 crore for quarter ended December 31The hospitality chain reported revenues of Rs 1372 crore for the quarter under review.
Rights issue terms get all clear from IHCL committeeIHCL plans to add around 400-500 keys to these two properties. IHCL's stock closed at Rs 112.15 on the Bombay Stock Exchange on Friday.
IHCL falls 7% after company board approves rights issuePromoters held 38.65 per cent stake in the company as of June 2017.
Tata-owned India Hotels sells 5.1 per cent stake in Belmond for $49.57 millionIndian Hotels Company has sold its overseas subsidiary Samsara Properties at 51.75 lakh class A shares of Belmond for a consideration of $4...
Indian Hotels divests 1.24% stake in Belmond for around Rs 82 croreIndian Hotels has trimmed its shareholding in Belmond, formerly known as the Orient Express Hotels, by selling 1.24 per cent of its stake.
Indian Hotels Company Ltd holds 7.13 million shares of Belmond after a share buyback programIHCL which owns the Taj Hotels Resorts and Palaces, holds 7.13 million shares of Belmond, giving it a 6.9% stake in the company.
- IHCL may issue fresh warrants as stock takes a hit
Indian Hotels Company (IHCL), owner of the Taj chain of hotels, is believed to have decided to issue fresh warrants after shareholders deci...
- Orient Express to issue fresh shares, sell assets
Luxury resorts ownwer Orient Express Hotels is looking to sell off properties to tide over its financial woes.