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...
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...
IHCL completes acquisition of 51 pc stake in Brij Hospitality for Rs 222 crIndian Hotels Company (IHCL), a Tata Group firm, has finalized its acquisition of a 51% stake in Brij Hospitality for approximately Rs 222 ...
Stocks in news: Wipro, Angel One, HDB Financial, Clean Max Enviro, M&MIn today's trade, shares of Wipro, Angel One, HDB Financial, Clean Max Enviro, M&M among others will be in focus due to various news develo...
IHCL's diversification strategy shields growthIHCL MD and CEO Puneet Chhatwal said escalating West Asia tensions may impact global travel in the near term, but the hospitality sector re...
IHCL shares rise nearly 2% on plans to acquire 51% stake in ANK Hotels and Pride HospitalityIndian Hotels Company (IHCL) shares surged following the announcement of acquiring stakes in ANK Hotels and Pride Hospitality for ₹110 cror...
Tata Group backed IHCL's shares jump 3%, hit 52-week high. Here's whyIndian Hotels Company (IHCL) shares hit a 52-week high after the company revealed its 'Accelerate 2030 strategy'. The plan aims to double c...
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...
IHCL Q4 Results: Firm posts revenue of Rs 872 crore, clocks profit of Rs 72 crOn an annual basis, it reported revenues of Rs 3056 crore in fiscal 2021-22, up from Rs 1575 crore in fiscal 2020-2021.
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.
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.
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.
IHCL's Orient-Express stake value dips 76 per centIndian Hotels Company Limited has seen value of its stake in Orient-Express erode by almost three-fourths the original cost of investment.