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.
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.
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 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.
The Indian players rest and rejuvenate in Galle before the first Test on Saturday.
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.
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.
Go once. You will know, even before you board the flight home, that you will return.
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 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.
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.
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.
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'.
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.
Indian golfers Shubhankar Sharma and Yuvraj Sandhu had a challenging start at the Danish Golf Championship, with Sharma likely to miss the cut after a 2-over 74. Frenchman Felix Mory set a course record with a 7-under 65 to take the lead.
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.
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.
Shaurya Bhattacharya fired a five-under 67 to extend his lead to three strokes at nine-under 135 on day two of the Kolar Open. The Delhi golfer made six birdies against a lone bogey, showcasing strong ball-striking and adapting well to windy conditions. Mohd Azhar is his nearest challenger, while other notable players like Arjun Sharma, Angad Cheema, and Badal Hossain are tied for third.
Gujarat Deputy Chief Minister Harsh Sanghavi has outlined Ahmedabad's vision for the 2030 Commonwealth Games, emphasising unparalleled accessibility for para athletes and a strong commitment to sustainability through green energy and electric transport.
The Bombay High Court has convicted former Tehelka editor Tarun Tejpal for the sexual assault of a junior colleague in 2013, overturning his 2021 acquittal by a trial court.
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.
The Goa government on Tuesday moved the Supreme Court seeking enhanced sentence for journalist Tarun Tejpal in the 2013 sexual assault case, contending the case warrants imprisonment for life.
Om Prakash Chouhan has taken the opening-round lead at the Rs 1 crore Coal India Open in Kolkata, delivering a spectacular eight-under 62. His impressive performance included a hole-in-one and an eagle, giving him a one-shot advantage over former Asian Tour winner Ajeetesh Sandhu.
Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.
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.
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.
Former Tehelka editor Tarun Tejpal has been convicted by the Bombay High Court's Goa bench in a 2013 rape case and sentenced to 10 years' rigorous imprisonment, overturning his 2021 acquittal. Tejpal claims he is a "political victim" and will challenge the verdict in the Supreme Court, alleging his journalistic career has been targeted.
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.
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.
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.
Former Tehelka editor-in-chief Tarun Tejpal has been convicted and sentenced to ten years in jail by the Bombay High Court in a 2013 rape case, overturning a trial court's acquittal and criticising its 'perverse' reasoning.
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.
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.
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.
