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One in three Indian consumer firms sees sales decline in peak shopping season

Consumer

17 February, 2020

One in three Indian consumer firms sees sales decline in peak shopping season

The poor consumer sentiment in the economy is yet to see any improvement with as many as one in three ......

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Value lens: Why Park Hotels may command a premium IPO price tag

Consumer

08 January, 2020

Value lens: Why Park Hotels may command a premium IPO price tag

Apeejay Surrendra Park Hotels Ltd, which owns hotels under The Park brand and is preparing to float an initial public ......

Ravi Jaipuria's RJ Corp offloads more stake in Lemon Tree

Consumer

27 November, 2019

Ravi Jaipuria's RJ Corp offloads more stake in Lemon Tree

RJ Corp, fast-moving consumer goods major promoted by Ravi Jaipuria, has sold more of its stake in Lemon Tree Hotels ......

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Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

Consumer

18 November, 2019

Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

The slowdown in Indian consumer demand that was initially rebuffed as a behavioural change by car buyers has spread faster ......

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Warburg Pincus checks out of hospitality firm with dull returns

Consumer

25 September, 2019

Warburg Pincus checks out of hospitality firm with dull returns

American private equity giant Warburg Pincus has fully exited its 13-year-old investment in mid-market hotel chain Lemon Tree Hotels Ltd ......

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Fund Scan: Warburg Pincus and the art of alliances

Finance

11 July, 2019

Fund Scan: Warburg Pincus and the art of alliances

In the middle of 2006, as Israel and Lebanon engaged in a war, Yogesh Mahansaria was fighting a battle of ......

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Value Lens: Why Lemon Tree's purchase of Keys Hotels appears pricey

Consumer

02 July, 2019

Value Lens: Why Lemon Tree's purchase of Keys Hotels appears pricey

In March last year, Lemon Tree Hotels Ltd became the first hotel chain in India to float an initial public ......

Lemon Tree to buy Keys Hotels for $68 mn, get more capital from Dutch pension fund

Consumer

01 July, 2019

Lemon Tree to buy Keys Hotels for $68 mn, get more capital from Dutch pension fund

Lemon Tree Hotels Ltd, which operates an eponymous mid-range hotel chain, is acquiring Keys Hotels for Rs 471 crore ($68.2 ......

Grapevine: Naspers may back Meesho; I Squared may rev up its telecom infra platform

General

28 June, 2019

Grapevine: Naspers may back Meesho; I Squared may rev up its telecom infra platform

Social commerce startup Meesho is in talks with South African conglomerate Naspers to raise up to $130 million (about Rs ......

Warburg Pincus-backed Lemon Tree to acquire Keys Hotels

Consumer

16 March, 2019

Warburg Pincus-backed Lemon Tree to acquire Keys Hotels

Lemon Tree Hotels Ltd, which counts private equity giant Warburg Pincus as an investor, has signed a pact to acquire ......