Indian Hotels Company Ltd (IHCL) is expected to benefit from higher room rates, rising occupancy, and strategic acquisitions, with analysts projecting double-digit revenue growth for FY27 driven by strong domestic demand and a favourable demand-supply dynamic.
Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.
India's boxing contingent for the Commonwealth Games faced a significant setback when nearly half of their luggage, including essential training gear and ceremonial outfits, was left behind in Belfast. This incident occurred just days before the boxing competition is set to begin in Glasgow.
Police in Ratlam, Madhya Pradesh, have registered a case against a hotel owner and manager for allegedly failing to report the month-long stay of four Chinese nationals as required by Indian law.
Indian wedding bookings to Sri Lanka are projected to grow 20-25 per cent annually over the next few years.
India's boxing contingent for the Commonwealth Games faced a significant setback when nearly half of their luggage, including essential training gear and ceremonial outfits, was left behind in Belfast. This incident occurred just days before the boxing competition is set to begin in Glasgow.
Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.
The owner of the Malviya Nagar hotel, Lavkesh Bajaj, where a recent fire killed 21 people, was previously arrested for allegedly facilitating the illegal stay of Bangladesh nationals by helping them procure fraudulent Indian identity documents. Bajaj is currently in police custody as investigators probe the circumstances of the deadly blaze and search for other individuals linked to the hotel's management.
The owner of a hotel in Malviya Nagar, Delhi, where a devastating fire killed 21 people, has been arrested. Lavkesh Bajaj faces charges of culpable homicide as investigations reveal the hotel allegedly operated without a fire NOC, exceeded its permitted capacity, and violated safety norms, including having only one entry-exit point.
A devastating fire at a bed and breakfast hotel in Malviya Nagar, South Delhi, has claimed 21 lives, including foreign nationals. The incident has brought intense scrutiny to the densely packed area, a popular hub for patients seeking affordable accommodation near Max Hospital, raising serious concerns about fire safety compliance and building norms in such establishments.
Hotel owner Lavkesh Bajaj told Delhi Police he delegated daily operations and structural changes to 'another person'.
Indian Hotels Company Ltd (IHCL) net profit rose 15 per cent in the second quarter after excluding the one-off exceptional gain of Rs 307 crore in the previous year. Net profit fell 45 per cent when compared with the previous year's earnings after including a one-off gain.
BJP spokesman Sajid Yousuf Shah claimed he was asked to leave a hotel in Maharashtra's Chhatrapati Sambhajinagar due to his "Kashmiri identity." Shah expressed sadness over the incident, highlighting persistent stereotypes despite efforts to strengthen bonds between Jammu & Kashmir and India. The National Conference criticised the BJP, stating the incident reflects the "politics of hatred" propagated by the party.
The building suffered extensive damage in the fire, with debris, shattered glass and burnt materials strewn in the vicinity. A large crowd gathered near the site as authorities cordoned off the spot and diverted traffic to facilitate rescue operations.
Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.
The announcement comes after a massive fire ripped through the Flourish Stay B&B on Wednesday morning, leaving 21 people dead, including 11 foreign nationals, and several injured.
Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.
India's Chef de Mission Rohit Rajpal stated that success at the upcoming Glasgow Commonwealth Games will be measured not only by medals but also by the 'knowledge it acquires' for hosting the 2030 edition in Ahmedabad.
The Board of Control for Cricket in India (BCCI) is introducing new access control rules for players during the Indian Premier League (IPL) to strengthen discipline and ensure stricter compliance with tournament protocols.
Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.
Indian golfers Jeev Milkha Singh and Jyoti Randhawa successfully made the cut at the ISPS HANDA Senior Open in Gleneagles, Scotland, despite challenging weather conditions. Australia's Cameron Percy leads the tournament by three shots after a strong second round, with Jerry Kelly, Ernie Els, and Henrik Stenson among the top contenders.
A 26-year-old woman was found dead in a hotel room in Mau, Uttar Pradesh. Police suspect suicide. The woman, identified as Bhawna Sharma, was staying at the hotel with a male friend and her son. Investigations are underway.
When I planned my 27th birthday trip to Kerala, I had a very clear vision in mind. There would be beaches. There would be the backwaters. There would be long boat rides, cute cafs and perhaps a fancy dinner overlooking the water. What I did not anticipate was celebrating my birthday with Lionel Messi.
Tarun Tejpal's defence team argued before the Bombay High Court that the victim in the 2013 sexual assault case had a "propensity to lie," citing her post-incident conduct, which they claimed contradicted her assertions of being in deep shock. The defence highlighted her social activities and alleged discrepancies in her initial complaints regarding rape charges.
A 36-year-old man was murdered by his partner with a hammer in an Agra hotel room. Police have arrested the woman and are investigating the motive behind the crime.
After a quiet April-June quarter in 2024-25 (FY25), the operational and financial performance of India's largest listed hotel company, Indian Hotels Company, clearly rebounded in the July-September quarter (Q2) of FY25. With double-digit growth in the average room rate (ARR) and higher occupancy, the Taj Hotels chain owner reported a 16 per cent revenue increase and a 30 per cent rise in operating profit.
Indian golfer Saptak Talwar is currently tied for 12th place at the Blot Play9 tournament in France after an even par third round. Talwar, a leader on the DP World PGTI Tour, is aiming for a top-10 finish, which could secure him a spot on the prestigious DP World Tour. He is also well-positioned in the Hotel Planner rankings, known as the Road to Mallorca.
Glasgow 2026 will look very different for India. Several of the country's biggest medal-winning sports-including wrestling, badminton, hockey and table tennis-have been dropped from the Commonwealth Games, leaving India with far fewer chances to add to its medal tally.
Indian golfer Yuvraj Sandhu is the sole representative from India at the KLM Open this week, facing a challenging debut season on the DP World Tour despite his positive outlook.
A boat carrying Indian tourists capsized off an island in south Vietnam, killing 15 people. An eyewitness described the incident, stating the boat overturned shortly after leaving the shore, and rescue efforts were launched, though medical teams were reportedly not immediately available.
Sir Garfield Sobers, who passed into the ages on July 17, would have turned 90 today, July 28. Former Pakistan captain Intikhab Alam remembers a dear friend who he believes was 'undoubtedly the greatest cricketer the world has ever seen.'
Many of India's ancient forts, once the strongholds of mighty kings and seats of empires, have been transformed into magnificent luxurious hotels. Steeped in centuries of royal history, they offer guests a chance to relive the grandeur of a bygone era.
Sir Garfield Sobers, widely considered the greatest all-rounder in cricket history, passed away just days before his 90th birthday, leaving behind an unparalleled legacy that included a significant connection with India both on and off the field.
R V S Mani, former Under Secretary of the Union Ministry of Home Affairs, has alleged that drug trafficking was a regular practice by Pakistani cricket teams and delegations visiting India, linking it to the 2006 doping scandal involving Shoaib Akhtar and Mohammad Asif, and even the death of coach Bob Woolmer.
At The Odyssey's Mumbai press conference with Christopher Nolan and the cast.
Indian Hotels reported strong consolidated revenue growth of 29 per cent year-on-year (Y-o-Y) in the third quarter of the current financial year (Q3FY25), led by revenue per available room, or RevPAR, growth of 15 per cent. The average room rate, or ARR, was up 13 per cent and occupancy improved 120 basis points (bps) Y-o-Y on a standalone business. Like-for-like revenue growth was 15 per cent Y-o-Y, while TajSats (airline catering) grew by 18 per cent Y-o-Y.
A 22-year-old Indian national has pleaded guilty to his involvement in a scheme to smuggle individuals from Canada into the United States, coordinating operations to illegally transport people across the US-Canada border into New York.
Hollywood luminaries Tom Holland and Christopher Nolan have landed in Mumbai for the unprecedented India premiere of their highly anticipated film, The Odyssey.
This is the great tragic flaw in how we handle medical emergencies. The golden hour is wasted. People get a chest pain and they call their family doctor. Or they drag the patient to a small local clinic that doesn't have the equipment. What people don't realise is that in an emergency, you don't need advice. You need a large hospital.
An Indian-origin groom and a pilot have died in a helicopter crash in Georgia shortly after the groom's wedding. The bride survived and is receiving treatment.
