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INVESTMENT IN HOTELS
From Deoghar to Udupi: Family offices bet Rs 2,000 crore on hotels in pilgrimage townsNearly Rs 2,000 crore has been committed across key religious destinations over the past 12-18 months, according to Noesis Hotel Advisors, ...- ixigo Q2 profit at Rs 63 cr on robust show in hotel booking bizIxigo reported a remarkable turnaround with a consolidated net profit of Rs 63.42 crore for the September quarter, bouncing back from a net...
- Ixigo reports 13% revenue growth in Q2; posts Rs 63 crore in net profitIxigo has reported a remarkable turnaround for the September quarter, showcasing a 13% year-on-year revenue growth, reaching Rs 321 crore. ...
- Luxe redux, it's a pleasure: Luxury retail in India is moving away from 'dictatorial' exclusivity to 'collaborative' empathyIndia's luxury market is projected to surpass $12 billion by 2028, reflecting a significant shift in consumer behavior. Millennials and Gen...
- Rafael Nadal built a tennis academy in 2016; nine years later, he sold a 44.9% stake for about €94 millionRafael Nadal is not just a tennis champion but a savvy entrepreneur as well. He founded the Rafa Nadal Academy, enhancing both athletic tra...
- Omaxe ties up with Lemon Tree Hotels for 10 projects with 4,000 keysOmaxe Ltd has signed an MOU with Carnation Hotels, a subsidiary of Lemon Tree Hotels, for new hotel projects. This collaboration will focus...
- Stocks in news: RIL, Wipro, Jio Financial, Tata Communications, YES Bank, PNBFrom a technical perspective, the 23,000–23,100 zone remains an immediate resistance level for the Nifty, according to Ponmudi R, CEO of En...
- Dubai bets $1.4 billion on a new financial district after Gulf war slowdownDubai is advancing a significant $1.4 billion real estate project, which includes hotels and office spaces. Although property transactions ...
- In 2019, Susa Ventures raised a $90 million fund; 6 years later, its reported assets had reached $265 millionA venture capital firm based in San Francisco, California, Susa Ventures was founded in 2013. The firm backs early-stage companies. It also...
- In 2010, Ashton Kutcher helped launch a $30 million investment fund; 6 years later, its portfolio had grown to $250 million through bets on Uber and AirbnbKutcher became a widely known actor through films and television shows. After getting famous, his interest in business also grew gradually....
- Janitor richer than CEO! Employee's post on how the cleaner ended up with nearly Rs 7 crore wealth double of their boss stuns internetA story shared on X contrasts a high-earning executive's reported debts with a cleaner's decades-long approach to saving and investing. The...
- Stocks in news: Adani Enterprises, Hyundai Motor India, BHEL, BEL, Groww, Tata Elxsi and RailTelIndian stocks rallied impressively, as benchmark indices surged by over 1.5%, fueled by a wave of positive investor sentiment. Key players ...
- Prestige Estates records Rs 13,804 cr pre-sales in H1 FY27, lines up Rs 40,000 cr launchesThe Bengaluru-based developer recorded residential pre-sales of Rs 7,225 crore in the July-September quarter, up 20% year-on-year. Sales vo...
- Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCONIndian stock markets struggled on Monday, as the Nifty 50 saw a considerable drop. The falls were attributed to increasing bond yields, con...
- What happened to Danbury's Crowne Plaza hotel? Its 10-story building has found an entirely new purposeDanbury's Crowne Plaza hotel has been redeveloped into an apartment complex called Innovation Studios after years of decline. The project w...
- Brigade Enterprises aims 21pc rise in FY27 pre-sales at Rs 9,000 cr on strong housing demand: MD Pavitra ShankarBrigade Enterprises expects pre-sales to grow 21% to Rs 9,000 crore in FY27, driven by strong demand for mid-income and premium homes, part...
- Rs 9,395 crore block deal! GQG exits ITC shares after a sharp 30% crash this yearITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds...
- India hotel deals nearly triple to $493 million in H1 2026Hotel property transactions in India surged nearly threefold year-on-year to $493 million in the first half of 2026, JLL data showed. The f...
- Viceroy Hotels shares rise 2% as Zerodha founders Nithin, Nikhil Kamath pick 6.72% stakeViceroy Hotels shares witnessed an uptick on Tuesday after Zerodha founders Nithin and Nikhil Kamath acquired a 6.72% stake in the company ...
- Zerodha founders Nithin, Nikhil Kamath pick up 6.72% stake in Viceroy HotelsZerodha founders Nithin and Nikhil Kamath have acquired a 6.72% stake in Viceroy Hotels through Kamath Associates and Nksquared. The invest...
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