India’s tourism and hospitality sector is poised for a significant expansion, with the potential to generate 61 lakh new jobs by 2034, according to a new whitepaper released by the Confederation of Indian Industry (CII) and EY. Titled “Reimagining Workforce Horizons: Employment Landscape in Tourism and Hospitality in India,” the report was unveiled at the 18th Annual
The stock market closed on a downbeat note on Wednesday (December 18), as both the headline indices, Sensex and Nifty saw notable declines. The benchmark Sensex settled at 80,182.20, marking a loss of 0.62 per cent, while the NSE Nifty ended at 24,208.30, down by 0.52 per cent. In a similar trend, the Nifty Bank
The Rs 1,600-crore Ventive Hospitality IPO price band has been fixed at Rs 610-643 per share, with a face value of Rs 1 each. The issue opens on December 20 and closes on December 24. It consists entirely of a new issue. Pune-based Ventive Hospitality is a joint venture between the Panchshil Group and Blackstone
Supreme Facility Management, a SME IPO made its debut on the NSE Emerge platform on Wednesday (December 18) marking a flat listing with the shares opening at Rs 75, a slight 1.33 per cent discount from the issue price of Rs 76. As of 11:50 AM IST, the shares of the company were trading at
Ola Consumer has begun testing 10-minute food delivery services in select areas of Bengaluru through the Open Network for Digital Commerce (ONDC) network. The service is currently available via the Ola Cabs app’s food delivery section in select areas of the city. The company plans a nationwide rollout in the coming weeks, pending pilot results.
With the slow start to the winter, consumer durables and electrical companies have reported a sluggish demand for winter products like geysers and room heaters in November, post the festive season of Diwali. Lower demand has been attributed to weak demand particularly from the northern region where temperatures continued to be higher than normal. Moreover
Domestic shipping companies are expected to continue to see a declining trend in revenue growth with an on-year dip of 8-10 per cent in fiscal 2026, stated a report by CRISIL Ratings. This, it added, will be on account of softening of charter rates — for crude oil and petroleum products amid stagnant demand, and
By Ajit Mishra The markets extended their positive momentum for the fourth consecutive week, gaining nearly half a percent amid consolidation. The benchmark indices remained in a tight range throughout most of the week but managed to close firmly on the final day despite significant volatility. Favorable macroeconomic data, including lower CPI inflation and improved
Do you want a mutual fund scheme that gives you regular income along with investment? If yes, then dividend yield mutual funds can be the right choice for you. These funds invest in companies that give a part of their profits to investors in the form of dividends. That is, you get not only capital
The brokerage firm, Nuvama Institutional Equities, slashed the target price on BSE by almost 30% to Rs 5,160 from Rs 7,250. The cut in target price came after NSE shifted its index option expiry day to Monday from Thursday, a day ahead of Sensex’s index option expiry. It also cut the net profit estimates by
Zee Entertainment Enterprises (ZEEL) is back in the spotlight after its promoters increased their stake in the company. According to the brokerage, Nuvama, the company’s subscription revenue continues to rise steadily, while advertisement revenue is expected to recover in the coming quarters. The brokerage has maintained a ‘Buy’ rating for the stock. Let’s break it
The markets ended on a negative note with the the Nifty closing below 22,500 but that it’s not all doom and gloom, While the pain continues in the mid and small caps continue, there are select stocks with attractive valuations at the moment. Nuvama Institutional Equities has listed out three stocks that offer significant upside
India’s real estate landscape is constantly evolving, and this transformation has accelerated in recent years. With growing interest in luxury living and shifting priorities post-pandemic, homebuyers are increasingly drawn to sustainable lifestyles, spacious designs, and premium amenities under one roof. Trust in new projects is rising significantly, thanks to stricter regulatory oversight by state RERA
