Warburg Pincus, the private equity major, is set to enter an equal joint venture with Patu Keswani's Lemon Tree Hotels to get into affordable housing. It may see the two infuse $100 million (Rs 455......
At a time when the economic slowdown is eating into corporate earnings, the country's economy hotels, including Krizm Hotels and Berggruen Hotels, are going ahead with their expansion plans. Patu......
US-based equity investment firm Warburg Pincus has picked up stake worth Rs 280 crore (Rs 2.8 billion) in the hospitality chain Lemon Tree Group, which has embarked on a Rs 500 crore (Rs 5 billion)......
Don't bet everything you have, Lemon Tree's Patu Keswani tells Pavan Lall. Illustration: Dominic Xavier/Rediff.com Walk into Patanjali 'Patu' Keswani's house in Delhi's Vasant Vihar and you'll be......
The mood at the Hotel Investment Conference South Asia (HICSA), the annual hospitality industry conference was rather upbeat. But hotel brand operators and owners remain cautiously optimistic of......