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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...
Q4 earnings, crude oil, FII action among 8 factors to steer D-Street this weekIndian stock markets are set for a busy week. Key events like Q4 earnings announcements for many companies will influence trading. Foreign ...
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...
Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
Ginger & Spice: Tata-backed IHCL's new business has growth flavourIndian Hotels Company (IHCL) is focusing on expanding its new businesses, including Ginger, Qmin, ama Stays & Trails, and the Tree of Life ...
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...
St sees higher earnings growth for hotels than airlines in FY23An increasing tendency among travellers to follow staycation (one-day trips at destinations closer to home), revenge travel, festival seaso...
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.
IHCL board approves rights issueET was the first to report that IHCL is coming up with a rights issue.
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.