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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 ...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
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 ...
Iran war impact on travel: How Jefferies is tweaking its hotel, airline stock portfolioJefferies has turned cautious on India’s travel sector as the Iran–Middle East war hurts international traffic, lifts fuel costs and weaken...
IHCL exits Taj GVK after selling 25.52% stakeIndian Hotels Company has exited Taj GVK Hotels & Resorts. The company sold its entire 25.52% stake, comprising 1.6 crore shares, to Shalin...
Fundamental Radar: 4 factors that can take IHCL to record highs in 2023IHCL has shown its dominance and pricing power with domestic travelling already in full swing, increasing foreign tourist arrivals will mak...
Indian Hotels plunges over 5% after Q2 results“Business recovery remains robust, and travel demand continued to strengthen with India and other key markets like the US and UK growing do...
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...
Rakesh Jhunjhunwala's hotel bet sees V-shaped recovery in Q3. Time to check-in?Jhunjhunwala and his wife Rekha Jhunjhunwala held 1.08 per cent each in the Tata group company. The scrip was trading flat at Rs 218.50 in ...
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 board approves rights issueET was the first to report that IHCL is coming up with a rights issue.
'What if Tatas withdrew guarantees to IHCL?'“We would like to know if the independent directors noted this dichotomy and asked Mistry about the allegation that eroded market value,“ s...
Tatas may question 'independence' of some Taj directorsLast Friday , all six independent directors of IHCL (better known as Taj Hotels) backed Mistry's continuation as IHCL chairman.
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.
Belmond offers Taj Group an exit routeTata group controlled IHCL, which owns the Taj group of Hotels and Resorts, holds 7.13 million shares of Belmond, giving it a 6.9 per cent ...
- 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...