Hotels
TMT
MakeMyTrip Q4 net revenue jumps 65% after ibibo merger
MakeMyTrip Ltd, India’s largest online travel services firm, reported a 64.5% surge in net revenue for the quarter through March ......
Infrastructure
Embassy Property to buy 73% in hospitality firm MAC Charles for $96 mn
Bengaluru-based real estate firm Embassy Property Developments Pvt. Ltd has agreed to acquire a 73.41% stake in MAC Charles (India) ......
Infrastructure
Goldman Sachs exploring exit from Vatika Hotels
One-and-a-half years after it picked a stake in Vatika Hotels Pvt Ltd, global private equity firm Goldman Sachs is exploring ......
TMT
Oyo Rooms raising $90 mn from SoftBank, others
Delhi-based Oravel Stays Pvt. Ltd, which runs the branded budget hotels marketplace Oyo Rooms, is raising $90 million (Rs 600 ......
Consumer
Tatas sell 5.1% of luxury hotel chain Belmond for $50 mn
Indian Hotels Co Ltd, the firm behind Taj Hotels, has sold 5.1% stake in Belmond Ltd, the firm that ran ......
Infrastructure
Indian Hotels plans to sell Taj Boston for at least $125 mn
Indian Hotels Company Ltd has decided to sell the Taj Boston hotel, in the latest planned sale by the diversified ......
Infrastructure
Radisson Blu hotel in Delhi on the block
The developer of a Radisson Blu hotel in Delhi has put the asset on the block to repay the debt ......