The hospitality industry in India has witnessed a sharp rebound post pandemic with demand expected to outpace supply over next 3-4 years, stated a report by Yes Securities. This upcycle, unlike the previous ones, should allow the hospitality companies to capitalise on incremental growth opportunities given the robust balance sheets of key branded players with
Bharti Airtel and Apple have entered into a strategic partnership, as per Reuters. The deal exclusively offers Apple TV+ and Apple music to its wi-fi and postpaid customers. (The story will be further updated as and when more details come.) » Read More
India Inc is expected to record a revenue growth of around 7-8 per cent YoY in Q4FY25, stated a report by ICRA. This, it added, will be led by revival in rural demand and uptick in Government spending. However, headwinds like the evolving global uncertainties, especially trade tariffs, can weigh on the growth levels. The
Even as US President Donald Trump yet again announced that he will impose reciprocal tariffs on India, Kotak Institutional Equities said that the impact of the reciprocal tariffs proposed by the US on its trading partners depends on multiple variables and hence, is hard to precisely quantify. Earlier on Saturday, a PTI report quoted Trump
Private equity giant KKR has signed a definitive agreement to pick up a controlling stake in cancer care hospital chain Healthcare Global Enterprises (HCG) from CVC Asia V for $400 million (approximately Rs 3,465 crore). As part of the transaction, KKR will acquire up to 54% of equity in HCG from CVC Asia V at
Bengaluru based property developer Brigade Enterprises reported a more than threefold jump in its Q3 consolidated net profit to Rs 236.24 crore and its sales bookings rose 63% to Rs 2,492 crore in the December quarter. Pavitra Shankar, managing director, Brigade Enterprises, talks to Raghavendra Kamath about the company’s plans and outlook for the real
Third-party logistics provider Delhivery is betting big on road trains — tractor units towing multiple trailers — to transform transportation for high-volume sectors like automobiles and fast-moving consumer goods (FMCG). The company believes this innovation will significantly reduce costs and enhance efficiency. Arun Bagavathi, network design head at Delhivery, told FE that logistics is a
Venugopal Lambu is a man on a mission. The CEO designate of LTIMindtree has chalked out both a five-year and a 90-day plan to take the $4.3 billion software services player to the next level. The core objective is to win large deals. In a recent interview, Lambu said his ‘fit-for-future programme’ involves identifying project
EV cab aggregator BluSmart has denied reports of being in discussions or negotiations with Uber regarding a possible acquisition. A spokesperson from BluSmart told CNBC TV18 that reports suggesting such a development are entirely speculative and unfounded. The company spokesperson further maintained that BluSmart remains focused on scaling its operations, expanding its footprint, and driving
Welspun Corp Ltd on Monday announced that it has received a new order worth Rs 2,400 crore (approx) in the US. The order, it added, is for supply of coated pipes for Natural Gas Pipeline Projects in the USA. In a regulatory filing, the company said that the orders will be executed largely during FY26
All eyes are on the market levels this week after the Nifty failed to close above 22,500 last week. Positive global cues are expected to boost sentiment. Market participants have noted that the Nifty 50 needs to jump above the 22,500 mark decisively for an uptrend as this has become a key resistance level while
For stock market investors, few things are as exciting as corporate rewards such as dividends landing in their accounts, extra shares through bonuses, or stock splits making pricey stocks more affordable. And this week, there is a lot happening on that front. Some of the most watched stocks include Indian Railway Finance Corporation (IRFC), Power
The IPO market is back in action. After a relatively quiet spell, the primary market is heating up again with four new public issues set to open for subscription this week. Investors can look forward to one mainboard IPO and three SME IPOs hitting the Street, while two recently concluded issues will make their market
