India's hospitality sector witnessed $340 million in transactions in 2024, a slight increase from 2023's $337 million, primarily involving ...

Hotel and airline stocks plunged up to 6.4% as India confirmed three Human Metapneumovirus (HMPV) cases. The news revived COVID-era fears, ...

Morgan Stanley Asia Singapore Pte acquired around 31 lakh shares, while ADIA purchased 11.35 lakh shares. Together, their combined investme...

18 companies including BHEL, Centrum Capital, Inox Wind, Piramal Pharma, SAMHI Hotels, and Sterling and Wilson turned profitable in Q4 afte...

It is unclear how much stake in the company these shares amounted to as the shareholding pattern was not yet available with the exchanges

"Zaggle has a major dependency on third parties and has faced negative cash flow and a decline in its profitability in recent years. The IP...

The issue comprised fresh issuance of equity shares worth Rs 1,200 crore and an offer for sale (OFS) up to 1.35 crore equity shares. The IP...

India's JSW Steel Ltd , is slowing down the process to buy a stake in the steelmaking coal unit of Canada's Teck Resources, Reuters reporte...

The debuts of both SAMHI and Zaggle are expected to be flat-to-muted, bucking the recent trend of robust listing gains

With the allotment much earlier than expected, both the companies seem to be gearing up for T+3 listing, which is Friday. According to mark...

The issue, which closes on September 18, comprises a fresh issuance of equity shares worth Rs 1,200 crore and an offer for sale (OFS) of up...

SAMHI Hotels is a prominent hotel ownership and asset management platform in India, with the third largest inventory of operational keys (o...

Samhi Hotels plans to raise Rs 1,200 crore through fresh equity to repay debt and for general corporate purposes. It will also raise upto R...

SAMHI Hotels had filed preliminary IPO papers with Sebi in March. The issue comprises a fresh equity of Rs 1,000 crore and an OFS of 9 mill...

Consultants and analysts said several companies were ramping up their hotel asset portfolios in preparation to go public.

The outcome: more than 100 key midmarket hotels are on the block today. “There are more than 100 hotels, across all tiers and pan-India."

S Chand & Co is close to selling its Chennai hotel property, Atlantic Hotels, to CEEBROS Property Development for about Rs 180 crore.