Indian Hotels Company Limited is prioritizing the midscale segment, led by Ginger, aiming for over 250 hotels. IHCL plans significant capital expenditure in the coming years. Qmin's success complements Ginger, while Am Stays shows growth. Acquisition strategies focus on scaling up and rebranding opportunities. The hospitality sector is expected to grow, with demand outpacing supply.
Address: 5N195 Dover Hill Road, St. Charles Price: $2,600,000 This five-bedroom home has four full bathrooms, three half baths and a first-floor executive suite with beamed and vaulted ceilings and custom cherry woodwork. The entry features a stairway leading to a second-floor bridge that overlooks the living room, kitchen and a formal dining space. A […]
Hindustan Aeronautics Ltd reported a 3.7% YoY decline in consolidated Q1FY26 net profit to Rs 1,383.77 crore, despite an 10.8% surge in revenue to Rs 4,819.01 crore. Quarterly profits fell sharply 65.2% sequentially.
MRFs Q1FY26 net profit fell 13.35% YoY to 500.47 crore, while revenue from operations rose 6.65% to 7,675.69 crore. Total income grew 7.2% YoY, and profit dipped 2.3% sequentially.
Mark Matthews of Julius Baer shares insights on upcoming US-Russia talks and their potential impact. He believes India's concerns might not be a priority. Emerging markets, excluding India, look attractive due to undervaluation and currency stability. Matthews favors the banking sector in India, citing economic growth and RBI policies.
SJVN shares experienced a surge of 5% reaching Rs 97.64. This happened even with a reported drop in net profit for the June quarter. Revenue saw a rise of 5.4% year-on-year, reaching Rs 917.5 crore. Technical indicators suggest a potential stabilization after a dip. The stock traded above several key moving averages. However, it remained below the 200-day SMA.
