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ITDC zooms 34% in two days, stock hits 52-week high on heavy volumes
Till 01:54 PM on Wednesday, the trading volumes jumped over 18-fold at the ITDC counter with a combined 20.39 million equity shares changing hands on the NSE and BSE.
Sentosa eyes higher tourist inflows from India as arrivals to Singapore island rise 8% in FY26
Sentosa Development Corporation is ramping up initiatives to woo Indian tourists, a vital demographic fueling the island's tourism growth. Following an impressive 8% annual increase in visitors from India, the island seeks to attract even more wanderers. Additionally, the forthcoming integration of Sentosa and Brani islands provides a prime opportunity for Indian businesses eager to explore international markets.
Tourism sector can create 100 million more jobs by 2047: FAITH
India's tourism sector is set for a massive job surge, potentially creating 100 million direct jobs by 2047. Industry leaders emphasize the critical need for enhanced international marketing to attract more foreign visitors, highlighting India's vast untapped potential despite its rich cultural and natural attractions. Significant economic growth and infrastructure development are supporting this optimistic outlook.
Easing West Asia tensions boost IPO activity, 3 issues to open next week
The primary market is showing signs of revival as improving geopolitical conditions in West Asia have boosted investor sentiment, prompting three mainboard IPO launches next week and paving the way for more public issues in the pipeline. Cordelia Cruises operator Waterways Leisure Tourism, Jaipur-based jewellery manufacturer Advit Jewels, and IT solutions provider CSM Technologies will launch their maiden public issues over the next few days, while packaging solutions provider Knack Packaging is expected to announce its price band. Quick commerce unicorn Zepto is looking to raise over Rs 10,000 crore, and the country's largest fund house, SBI Mutual Fund, plans to launch its Rs 13,000-crore public issue next month, according to people familiar with the development. In June, CMR Green Technologies and Hexagon Nutrition have already launched their IPOs, while the public issue of insurtech unicorn Turtlemint Fintech Solutions is currently underway. Adding to the momentum, the National
IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentiment
Indian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strait of Hormuz. This development is expected to ease geopolitical tensions, potentially reducing operating costs for airlines and restoring travel sentiment. Investors anticipate a normalization in global travel and aviation as shipping routes reopen.
Centre approves Rs 1,359 crore four-laning of the Nagaur-Bikaner stretch of NH-62 in Rajasthan
The Centre has approved a Rs 1,359 crore project to four-lane the Nagaur-Bikaner stretch of National Highway-62 in Rajasthan. This development under the Build-Operate-Transfer model will significantly improve connectivity in western Rajasthan. The project is expected to boost economic activity, create new investment and employment opportunities, and accelerate industrial and tourism growth in the region.
PM Modi's domestic tourism push to enhance India's global appeal: Hotel industry body
Prime Minister Narendra Modi's emphasis on domestic travel is set to boost India's tourism sector. Geopolitical shifts make India an attractive, stable destination for global travelers. Increased inbound tourism will enhance foreign exchange earnings and attract foreign investment. Policy support and infrastructure development are key to realizing this potential and building a globally competitive tourism ecosystem.
Ranbir Kapoor acquires land parcel in Ayodhya
Bollywood actor Ranbir Kapoor has invested in Ayodhya's real estate market, acquiring a land parcel for Rs 3.31 crore in a project near the Sarayu river. This comes amid growing investor interest in Ayodhya, driven by infrastructure development and increased tourism.
Praveg receives tourism infrastructure project from Govt. of Meghalaya
The project involves the development, operation and maintenance of a minimum of 40 (forty) luxury cottages on 10 (ten) acres of land, along with all ancillary amenities and facilities. The project has been awarded with a concession period of 30 (thirty) years.