Hotels
China’s Fosun, Axa Private Equity join management buyout of Club Méditerranée
28 May 2013
Two of Club Méditerranée largest shareholders are acquiring the French leisure company in a deal that values it at $700 million
Carlyle, promoters sweeten takeover bid for China's budget hotel chain 7 Days to $688 mn
02 Mar 2013
Sahara used OFCD money to buy hotel
05 Jan 2013
Pizza Express opens first outlet in Mumbai
20 Dec 2012
DLF to sell luxury hotel chain Aman Resorts back to founder Adrian Zecha for Rs1,637 crore
20 Dec 2012
Sahara acquires two New York hotels for $800 million
28 Nov 2012
Diversified business group Sahara India has completed the acquisition of two iconic New York hotels, New York Plaza and New York hotelier Vikram Chatwal's Dream New York
DLF divests to cut debt; will sell Aman Hotel
15 Nov 2012
Ista Hotels to be rebranded as Hyatt Hotels
30 Oct 2012
Tata Group renews bid to acquire Orient-Express hotels
27 Oct 2012
If the Tata Group's bid suceeds, Orient-Express will remain a separate and independent company with standalone management and board of directors, as with the group's past acquisitions such as Jaguar-Land Rover and Corus
Indian Hotels to make $1.86 billion bid for Orient Express
18 Oct 2012
Orient Express had rejected a 2007 attempt by Indians Hotel to acquire a significant stake in the company, denying any strategic fit between “a predominantly domestic Indian hotel chain and a global portfolio of luxury hotels”
Sunland sells Palazzo Versace hotel
22 Sep 2012
IKEA plans to launch hotel chain in Europe
17 Aug 2012
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
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
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
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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