Market News
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Radhakishan Damani portfolio: These two dividend stocks yield consistent cash for investors
Dividend-paying stocks attract long-term investors seeking income and capital appreciation. Radhakishan Damani's portfolio includes VST Industries and Advani Hotels, both with strong dividend histories.
Hotel demand rebounds; ICICI Sec keeps Buy on ITC Hotels, IHCL, Lemon Tree
ICICI Securities has reiterated its 'Buy' rating on ITC Hotels, Indian Hotels Company, Leela Palaces Hotels & Resorts, Chalet Hotels, Lemon Tree Hotels and Brigade Hotel Ventures.
Lemon Tree Hotels signs two new resorts in Maharashtra’s Tadgaon and Igatpuri
Shares of Lemon Tree Hotels Ltd ended at ₹111.90, down by ₹3.50, or 3.23%, on the BSE.
Taj GVK Hotels to exit Nifty India Corporate Group Index - Tata Group
According to a decision taken by the Index Maintenance Sub-Committee (Equity) of NSE Indices, Taj GVK Hotels & Resorts will be removed from the index. No replacement stock will be added following the exclusion.
ITC Hotels acquires Zuri Kumarakom, Kerala Resort & Spa
ITC Hotels has today signed definitive agreements for acquisition of a luxury resort in Kumarakom, Kerala - The Zuri Kumarakom, Kerala Resort & Spa (Resort). The Company will acquire 100% stake in Zuri Hotels & Resorts (ZHRPL), which owns the Resort, at an Enterprise Value of Rs. 205 crore, on a debt-free and cash free basis, subject to customary adjustments as per the definitive agreements.