Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Omaxe to invest Rs 6,200 crore to expand the hospitality vertical
Omaxe is set to invest a substantial Rs 6,200 crore over the next 4-5 years, planning to launch 19 new hotels across five states. These developments, spanning nearly 5 million sq. ft. , will target urban centers, pilgrimage sites, and transit hubs, integrating with Omaxe's existing projects. The expansion aims to bolster recurring revenue and cater to diverse travel needs, with a significant focus on Uttar Pradesh.
Eleven invests Rs 216 cr into financial services biz, total investment rises to Rs 470 cr
Diversified group Eleven has injected Rs 216 crore into its financial services arm, pushing total investment to Rs 470 crore over four years. This strategic move aims to bolster its scaled financial services franchise, with its NBFC, SVCL, having served over 19 lakh customers and disbursed Rs 10,000 crore. Eleven also launched Eleven Tech, a new platform for financial institutions, appointing Monu Ratra as its CEO.
IAMAI names JioStar Sports CEO Ishan Chatterjee to succeed Kiran Mani as DEC chief
Ishan Chatterjee, CEO of JioStar Sports, now heads IAMAI's Digital Entertainment Committee, succeeding Kiran Mani. Chatterjee highlighted India's digital entertainment boom, driven by tech and evolving consumer habits. He emphasized collaboration among platforms, creators, brands, and policymakers to foster innovation and leverage AI. Deepit Purkayastha remains co-chair.
Hexaware Tech rallies on Anthropic reseller authorization
Hexaware Technologies surged 7.02% to Rs 529.60 after the company became an Anthropic Authorized Reseller for Amazon Bedrock.
Likhitha Infrastructure hits the roof after securing Rs 510 crore pipeline contract
Likhitha Infrastructure hit an upper circuit of 5% to Rs 269.55 after the company announced that it has received an order worth approximately Rs 510 crore ($5,40,00,000) from China Petroleum Engineering and Construction Corporation-Abu Dhabi.
Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 states
Real estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will invest approximately Rs 6,200 crore, focusing on key urban centers and pilgrimage sites, with a significant presence planned in Uttar Pradesh. This expansion aims to integrate hospitality with existing developments and generate over Rs 1,000 crore in annual revenue upon stabilization.
China, India see large companies lose market cap share, hinting at lag in AI race
China, India and Hong Kong see top firms share of market value fall, lagging AI driven rallies in Taiwan and South Korea where a few chip and AI leaders now dominate indexes
Sensex Today Trades Lower | Nifty Below 24,050 | Kotak Mahindra & HCL Tech Top Losers - Equitymaster
Sensex Today Trades Lower | Nifty Below 24,050 | Kotak Mahindra & HCL Tech Top LosersEquitymaster
Sensex Today Trades Lower | Nifty Below 24,050 | Kotak Mahindra & HCL Tech Top Losers - Equitymaster
Sensex Today Trades Lower | Nifty Below 24,050 | Kotak Mahindra & HCL Tech Top LosersEquitymaster
US Stock Market: Wall Street eyes jobs data as rate hike bets and tech volatility intensify - The Economic Times
US Stock Market: Wall Street eyes jobs data as rate hike bets and tech volatility intensifyThe Economic Times
Why This AI-Focused Tech Stock Has More Than Doubled In 2026
The ICT distributor says enterprise AI adoption, data centre investments and higher IT spending continue to support growth, while expanding into semiconductors and commercial IT to strengthen long-term earnings.
