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The Indian Hotels Company (IHCL) is expanding its presence in India's growing hospitality market by acquiring a controlling stake in Clarks, adding 135 properties to its portfolio. This strategic move, costing Rs 204 crore, includes acquiring 51% each in ANK Hotels and Pride Hospitality. IHCL has also partnered with Brij Hospitality to enhance its midscale offerings and asset-light growth strategy.
These firms shipped $2.5 billion of the fragrant rice from the neighbouring nation over the past decade
The Adani Group, through its joint venture Horizon Aero Solutions, is set to acquire Indamer Technics (ITPL), a leading private-sector MRO provider. This acquisition, located in Nagpur's MIHAN SEZ, aims to establish India as a premier g ...more
Indian investors showcased unwavering confidence in July, doubling down on mutual fund investments, primarily through equity schemes. Gross SIP flows soared past ₹28,000 crore, while monthly equity flows exceeded ₹42,000 crore. The ...more
William Grant & Sons hails the India-UK trade agreement as a landmark achievement, anticipating the introduction of higher-end whisky editions and boosted sales of premium spirits. Sachin Mehta notes the duty reduction on scotch from 15 ...more
LIC's new MD & CEO, R Doraiswamy, outlines strategies to maintain market leadership amid evolving financial landscapes. The insurer is balancing par and non-par products, adapting to regulatory changes, and strategically evaluating oppo ...more
The Lok Sabha has approved the Income Tax Bill 2025, a significant reform designed to simplify the tax system for individuals and companies. This revised bill incorporates recommendations from a parliamentary select committee, addressin ...more
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