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Hotels

MakeMyTrip Q4 net revenue jumps 65% after ibibo merger

TMT

20 May, 2017

MakeMyTrip Q4 net revenue jumps 65% after ibibo merger

MakeMyTrip Ltd, India’s largest online travel services firm, reported a 64.5% surge in net revenue for the quarter through March ......

Embassy Property to buy 73% in hospitality firm MAC Charles for $96 mn

Infrastructure

21 October, 2016

Embassy Property to buy 73% in hospitality firm MAC Charles for $96 mn

Bengaluru-based real estate firm Embassy Property Developments Pvt. Ltd has agreed to acquire a 73.41% stake in MAC Charles (India) ......

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Goldman Sachs exploring exit from Vatika Hotels

Infrastructure

01 September, 2016

Goldman Sachs exploring exit from Vatika Hotels

One-and-a-half years after it picked a stake in Vatika Hotels Pvt Ltd, global private equity firm Goldman Sachs is exploring ......

Oyo Rooms raising $90 mn from SoftBank, others

TMT

16 August, 2016

Oyo Rooms raising $90 mn from SoftBank, others

Delhi-based Oravel Stays Pvt. Ltd, which runs the branded budget hotels marketplace Oyo Rooms, is raising $90 million (Rs 600 ......

Tatas sell 5.1% of luxury hotel chain Belmond for $50 mn

Consumer

01 July, 2016

Tatas sell 5.1% of luxury hotel chain Belmond for $50 mn

Indian Hotels Co Ltd, the firm behind Taj Hotels, has sold 5.1% stake in Belmond Ltd, the firm that ran ......

Indian Hotels plans to sell Taj Boston for at least $125 mn

Infrastructure

18 May, 2016

Indian Hotels plans to sell Taj Boston for at least $125 mn

Indian Hotels Company Ltd has decided to sell the Taj Boston hotel, in the latest planned sale by the diversified ......

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Radisson Blu hotel in Delhi on the block

Infrastructure

13 April, 2016

Radisson Blu hotel in Delhi on the block

The developer of a Radisson Blu hotel in Delhi has put the asset on the block to repay the debt ......