Latest Updates Around The World
Earnings season for the December quarter continues on Monday, with as many as 72 companies set to announce their third-quarter results. Key results to watch out for include Hyundai Motor India, PB Fintech, Bajaj Housing Finance and Ather Energy.In addition, companies like Indus Towers, Sundaram Finance, UPL, Thermax, Chalet Hotels, Tata Chemicals, PG Electroplast and […]
The Indian stock index could be headed for another leg higher in the next 15 months as the long-awaited earnings recovery takes hold. Antique Stock Broking has forecast the Nifty 50 to rise to 29,500 by March 2027 and urged investors to position themselves for a rebound led by banks, capex and select discretionary stocks. […]
ET Intelligence Group: The domestic hotel sector is likely to witness growth driven by average room rate (ARR) in the coming quarters. After a quiet first half of the current fiscal marked by prolonged monsoon and geopolitical jitters, the second half is likely to see a recovery given the recovery in weddings and travel. Revenue […]
Chalet Hotels has reported revenue from operations of Rs 735 crore for the second quarter of FY2026, up from Rs 377 crore in the corresponding period of the previous fiscal. The chain reported a consolidated net profit of Rs 154 crore for the quarter ended September, compared to a loss of Rs 138 crore in […]
Chalet Hotels on Wednesday announced the launch of ATHIVA Hotels & Resorts, which will debut across six properties with over 900 keys and a capex of around Rs 1,500 crore. The ATHIVA brand, positioned in the upper luxury category, will debut its first hotel with the opening of 147-key The Dukes Retreat in Khandala, Maharashtra, […]
The hotel sector warms up in FY26, with shares that rise to 50%. This wave is powered by consistent growth, a thriving demand and growing excitement around the upcoming GST Council meeting (GST 2.0), where expected tax reductions and simpler rules can give industry an extra boost. Reduced GST on hotel services could lower the […]
