Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.
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.
Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.
'India was the emirate's largest international source market by hotel guest volume.'
BCCI Vice-President Rajiv Shukla has confirmed that Indian cricketers participating in the upcoming Asian Games in Japan will stay in designated accommodation provided by the Organising Committee, which, while comfortable, will not be five-star hotels due to scarcity in Nagoya. Both BCCI and IOA have addressed the arrangements, ensuring player comfort and suitable facilities.
A devastating fire in a five-storey building housing multiple hotels in central Kolkata resulted in the deaths of at least nine people, including a child, and injured six others. Firefighters rescued 80 individuals, but dense smoke hampered operations. Authorities suspect a short circuit and allege significant safety and construction norm violations by the building management. The owner is currently absconding, and police have initiated legal proceedings and raids.
The Indian athletics team for the upcoming Asian Games in Japan has undergone significant changes. Commonwealth Games medallist Yashvir Singh replaces an injured Neeraj Chopra, while long-distance runner Abhishek Pal has been dropped due to an alleged doping offence. Tejas Shirse is also out due to injury. The final team comprises 77 members, with six new additions. The Athletics Federation of India is aiming for 25-30 medals.
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.
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.
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.
India's food safety regulator, FSSAI, has issued notices to five-star hotels JW Marriott and Andaz Delhi following inspections that revealed serious hygiene and food-safety violations, including cockroach infestations, expired food, poor sanitation, and improper food storage.
'Indian private sector hospitals provide quality healthcare at a fraction of the global cost.'
Indian boxers are undergoing intensive training at a multinational camp in Patiala, featuring international medallists, before heading to Japan for a final preparatory stint ahead of the Asian Games. The team aims to build on its strong performance at the Commonwealth Games, despite anticipating tougher competition from boxing powerhouses like Uzbekistan and Kazakhstan at the upcoming continental event.
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.
Five friends from Raipur, Chhattisgarh, narrowly escaped being swept away by flash floods in Nepal's Bhote Koshi and Trishuli river valleys thanks to an impromptu tea break. They endured two tense days on higher ground, witnessing devastation, before returning home safely, with a poignant Raksha Bandhan moment providing comfort.
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.
Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.
The Board of Control for Cricket in India (BCCI) and the Asian Cricket Council (ACC) are reportedly dissatisfied with the arrangements and facilities for the upcoming Asian Games cricket tournament in Aichi-Nagoya, Japan. Concerns include inadequate dressing rooms, distant washrooms, and small hotel rooms. As a result, India might send a 'B' team instead of the previously announced full-strength squad, pending a report from a BCCI observer.
The Indian players rest and rejuvenate in Galle before the first Test on Saturday.
Indian wedding bookings to Sri Lanka are projected to grow 20-25 per cent annually over the next few years.
West Bengal could be the Bharatiya Janata Party's real test case of its business-friendly policies, points out Kanika Datta.
Go once. You will know, even before you board the flight home, that you will return.
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.
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.
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.
The National Investigation Agency (NIA) has filed a chargesheet against seven foreign nationals, including a US citizen and six Ukrainians, for illegal entry and alleged terror conspiracy with ethnic armed groups, though the stringent UAPA anti-terror law was not invoked at this stage.
Tata Group stocks experienced a significant decline, with TCS falling nearly 6 per cent, after Tata Sons Chairman N Chandrasekaran announced he would not seek reappointment when his current term concludes on February 20, 2027.
An NRI couple from Vadodara, Kinnari and Mihir Patel, who travelled to Nepal from New Zealand, have gone missing after devastating flash floods hit the region, prompting their family to appeal to the government for swift rescue action.
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.
Tata Sons has the balance sheet to support them, for now.
Hotel owner Lavkesh Bajaj told Delhi Police he delegated daily operations and structural changes to 'another person'.
Several pilgrims from Tamil Nadu, including Ilavarasi and Chitra, have gone missing in Nepal following devastating flash floods, leaving their families distraught and appealing for urgent government rescue efforts.
Usha Vedasalam completed the Kailash Mansarovar Yatra just a week before the devastating floods in Nepal. This is her account of the pilgrimage.
'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'
Nepal is grappling with the devastating aftermath of flash floods, with the death toll reaching 1,356 and nearly 5,000 people, including foreign nationals, still missing. Identification of bodies is a major challenge, with only a fraction identified so far. President Ramchandra Paudel has appealed for climate justice and national unity for relief efforts. International teams, including experts from India and China, are assisting in search and rescue, particularly at hydropower projects where workers are trapped. The country is also working to restore infrastructure and reassure tourists to protect its vital autumn tourism season.
Spiritual leader Sadhguru Jaggi Vasudev has expressed profound anguish over a devastating flash flood near the Tibet-Nepal border, stating that 77 members of an Isha Foundation Kailash pilgrimage group are unaccounted for after the disaster struck the Gyirong area in Tibet.
As India celebrates its 80th Independence Day, hotels and restaurants across Delhi and other states are rolling out a diverse array of special offerings. These include themed culinary festivals showcasing regional Indian cuisines, fusion menus, live music performances, and attractive discounts. From royal Wazwan feasts to contemporary global blends and staycation packages, establishments are providing unique experiences for patrons to commemorate the occasion over the long weekend.
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.
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.
A Reddit post about a hidden camera in a shared living room has reopened an old question -- how far can a landlord interfere in a home he no longer fully controls? Here's what two Mumbai lawyers have to say.
