Hotels
Cox & Kings buys UK hotel-booking firm LateRooms
13 Oct 2015
Cox and Kings Ltd, one of India's oldest travel agents, has acquired UK-based hotel-booking firm LateRooms Ltd, which runs the website LateRooms.com, from TUI Travel Plc
Hotel Leela Goa sold to UK's Bagris for Rs725 crore
21 Sep 2015
The sale of the Goa property is part of Hotel Leelaventure's strategy to pare debt of Rs5,000 crore
Ratan Tata invests in Mumbai-based food tech start-up
03 Sep 2015
This is the 14th start-up that Ratan Tata is investing in after he retired as chairman of the Tata Group in 2012
UK restaurant chain Côte pockets staff tips
21 Aug 2015
ITC plans to invest Rs8,000 crore in Telengana
13 Jun 2015
Sahara clinches Rs5,500-cr debt deal for London, US hotels: report
08 Jun 2015
Billionaire brothers David and Simon Reuben are reported to have acquired control of Sahara Group’s iconic Grosvenor House hotel in London and two US properties in a $850-million debt refinance deal
S Korea's Lotte Group to buy The New York Palace Hotel for $805 mn
01 Jun 2015
The acquisition of The New York Palace Hotel is the latest move by Lotte to expand globally
Sahara bids to reclaim UK hotel as Subrata Roy remains in jail
27 May 2015
The Sahara group’s move comes at a time when the group has failed to raise Rs10,000 crore needed to bail out its boss Subrata Roy who has been in Tihar jail for the past 14 months
Bank of China takes control of Sahara’s Grosvenor House to recover loans
03 Mar 2015
Bank of China has appointed Deloitte to administer Sahara properties after "it defaulted on debts tied to the hotel", according to a report in the Daily Telegraph
Japanese Hotel to have robots on staff
07 Feb 2015
A hotel in Nagasaki, Japan, is set to change the future of the hospitality industry with robots providing reception and concierge to housekeeping services
Mirach Capital eyes Sahara hotels in $2 bn bailout for Subrata Roy
20 Jan 2015
A US-based investment vehicle, Mirach Capital Group, is offering a $2-billion loan against Sahara India’s landmark hotel assets like New York`s Plaza, to secure bail for Subrata Roy
Vadra’s Skylight Hospitality gets I-T notice
01 Jan 2015
China’s Fosun International raises bid for Club Mediterranee to $1.15 bn
22 Dec 2014
Fosun, China’s largest privately held conglomerate, raised its bid offer to €24.60 per share, valuing the Paris-based company at €939 million ($1.15 billion), which is also the eighth offer Club Méd has received since May 2013
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The Rise and Rise of HDFC Bank
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HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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