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RESORT BUSINESS DEMERGER
“Dear Anand Mahindra…”: Vijay Kedia asks billionaire to unlock hidden tourism giant in Mahindra HolidaysAce investor Vijay Kedia has urged Anand Mahindra to unlock the “hidden tourism giant” within Mahindra Holidays, arguing that strong demand...- Thomas Cook India to demerge resort biz into Sterling Holidays; plans subsidiary listingThomas Cook India is demerging its resorts and resort management business into Sterling Holiday Resorts Limited. This move will streamline ...
- Radhakishan Damani sells 16 lakh shares in Tata Motors PV via block dealRadhakishan Damani sold 16 lakh shares worth ₹52 crore in Tata Motors Passenger Vehicles through a block deal with Derive Trading and Resor...
- Travel and hospitality companies prepare for IPO amid rising domestic tourismSeveral Indian travel and hospitality companies are planning initial public offerings. Oyo, Pride Hotels Group, and LaRiSa Hotels & Resorts...
- ET Exclusive: Mahindra & Mahindra to have multiple large businesses in 5-10 years, says MDMahindra & Mahindra is focusing on scaling its smaller businesses, prioritizing operational excellence over acquisitions. The group aims to...
- ITC Hotels eyes overseas expansion post-demergerITC plans to expand its hotel business internationally, starting with neighboring countries and West Asia. The newly demerged ITC Hotels Lt...
- Rs 1,500 crore to be transferred to ITC for growth & contingency requirementsITC will demerge its hotel business effective January 1, 2025. Shareholders will get one ITC Hotels share for every 10 ITC shares on the re...
- Delta Corp shares zoom 10% on demerger announcementDelta Corp share Price: Delta Corp shares surged up to 9.7% after announcing the demerger of its real estate and hospitality businesses. Th...
- Aam Aadmi’s welfare to fare well for FMCGFMCG stocks favored as money exits PSU stocks. Strengthening consumer sentiment, rural market support are priorities for BJP.
- Hot Stocks: 3 stocks that may give returns between 16- 24%Here's a look at some of the latest stock recommendations by analysts. These stocks are expected to return between 16% and 24% as per analy...
- Vedanta’s demerger seen credit negative for parent’s bondholdersCreditSights has maintained its 'buy' recommendation for Vedanta Resources but said it would prefer April 2026 bonds of the company.
- Emaar India, Worldwide Resorts join hands for Gurugram projectEmaar Properties' India unit has signed a joint development agreement with Worldwide Resorts & Entertainment to develop a 73.60-acre land p...
- Market Movers: Shriram Group’s restructuring upsets STFC investorsWhile the restructuring promises better synergies and more efficiency, the swap ratio proposed by the group for Shriram City Union’s merger...
- Travelling Indians bring forex firms on investor radarBanks rely on these niche players with physical infrastructure to reach customers.
- Fifteen stocks in focus on Wednesday, 12 April 2017Vedanta on Tuesday said that its merger with subsidiary energy firm Cairn India has become effective.
- Budget 2016: ‘Non-adversarial’ tax regime to trigger confidence in M&A marketThe investment activity seems to have picked up in recent times, thanks to the initiatives such as Make in India, Startup India, Digital In...
- Thomas Cook Q2 net at Rs 14.60 croreThomas Cook India reported a consolidated net profit of Rs 14.60 crore for the second quarter ended September 30. It was Rs 609.54 crore fo...
- CCD’s non-consumer biz may be hived off pre-IPOInvestment bankers and investors believe a standalone consumer story, powered by the Cafe Coffee Day brand, would fetch better valuation mu...
- Mukesh Ambani 'hurt' by personal commentsRIL said Mukesh is saddened by his brother's remarks, he requests the media to respect his decision not to respond. What Indian youth wants...
- Patel Engg floats realty arm to unlock valueMumbai-based construction firm Patel Engineering has floated a real estate arm and is set to transfer all its property assets into the new ...
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