News for 'Indian Hotels Company Limited'

Is my portfolio good?'

Is my portfolio good?'

Rediff.com31 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

'I would have been the king of limited overs cricket'

'I would have been the king of limited overs cricket'

Rediff.com7 Apr 2023

'I am not envious of those who are making millions. It's their era and I had my era.'

India's hotels business: 'Lots of Chinese capital will come in'

India's hotels business: 'Lots of Chinese capital will come in'

Rediff.com31 Jul 2017

'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'

More than skin-deep: Nifty Next 50 complexion to get a shade of difference

More than skin-deep: Nifty Next 50 complexion to get a shade of difference

Rediff.com12 Jun 2023

The National Stock Exchange (NSE) Nifty Next 50 Index could undergo large-scale changes if the proposed tweaks to its computation methodology get implemented. In a discussion paper floated recently, NSE Indices, which owns and manages a portfolio of over 350 indices under the Nifty brand, proposed that only stocks that are traded in the futures and options (F&O) segment can be part of the index. Currently, as many as 11 non-F&O stocks are part of the Nifty Next 50 Index, which, as the name suggests, represents the next rung of large and liquid securities after the Nifty50.

'Market Assumes Modi's Easy Re-Election'

'Market Assumes Modi's Easy Re-Election'

Rediff.com29 May 2024

'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'

Amsterdam Is Always A Good Idea

Amsterdam Is Always A Good Idea

Rediff.com19 Jul 2024

The City of Bikes is like no other.

Chhattisgarh liquor scam: ED attaches assets of accused worth Rs 205 cr

Chhattisgarh liquor scam: ED attaches assets of accused worth Rs 205 cr

Rediff.com3 May 2024

The attached properties include 14 assets of Tuteja worth Rs 15.82 crore, 115 properties of Anwar Dhebar, the elder brother of Raipur Mayor and Congress leader Aijaz Dhebar, worth Rs 116.16 crore, properties of Vikash Agarwal alias Subbu worth Rs 1.54 crore and 33 properties of Arvind Singh worth Rs 12.99 crore, it said in a statement.

Taj Mansingh to finally go under hammer, Le Meridien licence cancelled

Taj Mansingh to finally go under hammer, Le Meridien licence cancelled

Rediff.com2 Mar 2017

The decision to auction Taj Mansigh brings to an end a six-year-old tussle between the NDMC and Tata Group, which has operated the landmark property for nearly four decades.

Two-in-one works just fine, find hotels

Two-in-one works just fine, find hotels

Rediff.com14 Mar 2017

Hospitality chains are hosting dual brands on one property, looking for operational efficiencies without diluting their brands, says Shivani Shinde Nadhe.

Shares of cos having Rakesh Jhunjhunwala's investments settle on mixed note

Shares of cos having Rakesh Jhunjhunwala's investments settle on mixed note

Rediff.com16 Aug 2022

Shares of companies having investments of late billionaire investor Rakesh Jhunjhunwala ended on a mixed note on Tuesday. The 62-year-old investor, who was known as the Big Bull and Warren Buffett of India for his investment acumen, passed away on Sunday. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata group. Titan ended 0.88 pe cent higher at Rs 2,493.65.

Reits seek 'equity' label, option to take loan from banks

Reits seek 'equity' label, option to take loan from banks

Rediff.com28 Mar 2024

Real estate investment trusts (Reits) are in talks with regulatory bodies - the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) - to seek changes in regulations that will allow easier access to capital. The Indian Reits Association (IRA) said it has approached the market regulator seeking to get classified as an 'equity' asset, which will open the path for their inclusion in equity indices and also make investment by mutual funds (MFs) easier. The association is also in active discussions with the RBI to allow banks to lend to a Reit.

Russian lawmaker who died in Odisha was on 'tribal tour'

Russian lawmaker who died in Odisha was on 'tribal tour'

Rediff.com27 Dec 2022

This is the second death of Russian lawmakers within a week in the same Odisha hotel.

Survival first, revival later: Hotels' mantra for 2022

Survival first, revival later: Hotels' mantra for 2022

Rediff.com20 Dec 2021

When the sun rises in 2022, the Indian hospitality industry will be waking up with prayers for survival, desperately looking forward to some form of support from the government as revival from the impact of the coronavirus pandemic of the last two years will be an arduous journey. Just as the industry was beginning to see a flickering light at the end of a long tunnel towards the end of 2021, the spread of the Omicron variant of coronavirus and subsequent extension of suspension of scheduled international passenger flights till January 31, 2022, has come as a dampener to those who were looking to have some business in the winter season. With inbound tourist arrivals unlikely amidst the pandemic, the industry wants the government to incentivise domestic travels with income tax benefits for a limited period so as to help the hospitality and tourism sector get up again by tapping the pent up demand for holidays, within the country.

India must remove limits on overseas borrowings, suggests panel

India must remove limits on overseas borrowings, suggests panel

Rediff.com10 Apr 2015

Sahoo panel suggests India must ease global borrwoging norms for corporate houses.

Airfares Zoom For Diwali Week!

Airfares Zoom For Diwali Week!

Rediff.com26 Oct 2023

During the Diwali week (November 10-16), airfares on major routes across the country have surged by up to 44 per cent.

4 reasons why Jefferies has downgraded ITC

4 reasons why Jefferies has downgraded ITC

Rediff.com17 Feb 2024

ITC stock slipped over 4 per cent on Thursday (February 8) after British American Tobacco (BAT) said it could sell some of its stake in the company, recovering partially in trade. The stock of the cigarette-to-hotels conglomerate traded at Rs 420 levels, rising 1.3 per cent in intraday deals as compared to the S&P BSE Sensex that traded flat for most part of the day. The development, meanwhile, saw Jefferies downgrade the stock to 'hold' from 'buy' earlier with a target price of Rs 430, down a huge 17.3 per cent from its earlier price target of Rs 520.

OTT Goodies This Week!

OTT Goodies This Week!

Rediff.com28 Mar 2024

From fantasy to football, OTT is beaming with all kinds of goodies this week.

Jaipur's Royal Family: 15-Year Battle Ends

Jaipur's Royal Family: 15-Year Battle Ends

Rediff.com30 Dec 2021

A battle royale, fought over 15 long years, comes to an end as a prince and a princess -- grandchildren of the legendary Rajmata Gayatri Devi -- get back the Jai Mahal Palace Hotel from their step-uncles.

UK: Hearing on 26/11 claim suit against Taj begins

UK: Hearing on 26/11 claim suit against Taj begins

Rediff.com2 Dec 2013

A British court on Monday began hearing the compensation claim of man paralysed during the 2008 Mumbai terror attacks with the victim suing the owners of the iconic Taj Mahal Palace Hotel, alleging they neglected security despite warnings of an imminent assault.

When It Began To Snow In Dubai

When It Began To Snow In Dubai

Rediff.com1 Apr 2024

In Dubai, A Ganesh Nadar encountered high speeds on smooth-as-silk-roads, no bureaucracy, gold, Mr Toad's. And snow!

Business travel takes off again on a wing and a prayer

Business travel takes off again on a wing and a prayer

Rediff.com2 Nov 2021

Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions. It comes as a huge relief for the ravaged aviation, travel and hospitality sectors. "We are witnessing a 40 per cent recovery on pre-covid volumes from our business travellers, signalling the return of corporate confidence in air travel," said Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) & SOTC.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Booking Travel Online? Read This!

Booking Travel Online? Read This!

Rediff.com26 Jun 2023

During the trip, check your bank account and credit card statements regularly for unauthorised transactions.

Indians Want Offbeat Travel Choices

Indians Want Offbeat Travel Choices

Rediff.com1 Jan 2022

On the itinerary: Luxury camping, tribal homestays, heritage cities.

ASK AJIT: 'This stock hits circuits often. What to do?'

ASK AJIT: 'This stock hits circuits often. What to do?'

Rediff.com29 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

'Is it good to hold stock SIPs for long?'

'Is it good to hold stock SIPs for long?'

Rediff.com23 Jun 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

ASK AJIT: 'I am new to trading, need your advice'

ASK AJIT: 'I am new to trading, need your advice'

Rediff.com8 Dec 2021

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Sahara asks US court to reject attachment plea for hotels

Sahara asks US court to reject attachment plea for hotels

Rediff.com12 Jul 2015

Company has submitted before the court that the plaintiff is attempting to attach property that falls outside of the jurisdiction of the court

Coming soon: India's first branded chocolate chain

Coming soon: India's first branded chocolate chain

Rediff.com4 Jul 2017

Unlike global majors like Lindt and Godiva no standalone Indian chocolate boutiques have expanded into a national chain yet. ITC plans to change that with its luxury chocolate brand Fabelle, says Avishek Rakshit.

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Rediff.com22 Dec 2022

Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.

ASK AJIT: 'How can I make money?'

ASK AJIT: 'How can I make money?'

Rediff.com24 Feb 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.

Want To Send Your Car To The Graveyard?

Want To Send Your Car To The Graveyard?

Rediff.com1 Jun 2023

One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.

And the best Indian wine is...

And the best Indian wine is...

Rediff.com1 Nov 2019

Indian wines are getting better all the time, says Alok Chandra.

ASK AJIT: 'Which shares to buy short term and long term?'

ASK AJIT: 'Which shares to buy short term and long term?'

Rediff.com17 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.

Recipe: Ranchi Memories & Sheetal Chhaya Alu Mattar

Recipe: Ranchi Memories & Sheetal Chhaya Alu Mattar

Rediff.com16 May 2023

A mildly-spiced, sans too much garam masala 'hotel'-style potatoes with peas in a thick gravy that goes well with butter naans.

Indian arrested for rape in Zimbabwe absolved of all charges

Indian arrested for rape in Zimbabwe absolved of all charges

Rediff.com22 Jun 2016

The Indian national arrested for alleged rape in Zimbabwe has been absolved of all charges and released with immediate effect by the High Court there, his company claimed on Wednesday.

OYO CEO: 'We have 70,000 keys'

OYO CEO: 'We have 70,000 keys'

Rediff.com11 Aug 2017

'Customer expectation and need was quite limited when we started in 2013.' 'Now the expectation is little more and a lot of hard work is needed again.'

DGCA grounds SpanAir and Business Jet India's planes

DGCA grounds SpanAir and Business Jet India's planes

Rediff.com15 Apr 2014

During the checks on the Cessna aircraft registered with Business Jets India, the DGCA found that the pilots in command did not have necessary training certificates.

IRCTC moves to monetise passenger data

IRCTC moves to monetise passenger data

Rediff.com26 Aug 2022

In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.

Salim Durani: People's man who could oblige with 'Sixerrrrr'

Salim Durani: People's man who could oblige with 'Sixerrrrr'

Rediff.com2 Apr 2023

Salim Durani was the 'people's man', whose impact can never be quantified by the 29 Test matches that he played over 13 years between 1960 to 1973, or the 1200-plus runs he scored and 75 wickets he took with his mean left-arm spin.