BAT Sells 7% ITC Hotels Stake Worth Rs 3,000 Crore
British American Tobacco plans to sell a 7% stake in ITC Hotels this Friday, valued at Rs 3,000 crore, as part of its strategy to exit non-core holdings. Read the full details of the deal.
Category : Search result: Gstaad Hotels insolvency
Byju's Offshore Firm Puts Aakash ₹250-Cr Rights Issue in Legal Jeopardy
Byju Raveendran's Singapore entity Beeaar Investco's role in Aakash's rights issue faces legal scrutiny amid QIA's $235M arbitration award. Experts warn of enforcement risk despite separate legal status. Read the full analysis.
10 Hotels Sealed by Alwar UIT for Lake Encroachment
Alwar UIT's anti-encroachment squad sealed 10 hotels and resorts around Siliserh Lake for illegal operation and land conversion. Bulldozers demolished structures. Read the full report.
Karnataka Menstrual Leave Policy Challenged in High Court
Karnataka's mandatory paid menstrual leave policy is opposed by hoteliers. Deputy CM DK Shivakumar defends it as government policy for equality. Read the latest developments.
UP's Singapore Desk Woos Investors for Tourism, Real Estate
Invest UP's Singapore Desk held high-level meetings to attract foreign capital into UP's tourism, luxury real estate, and sustainable infrastructure. Discover the state's investor-friendly push.
Bengaluru Hotels Body Moves HC Against Karnataka Menstrual Leave
The Bengaluru Hotels Association has filed a petition in the Karnataka High Court against the state's mandatory menstrual leave policy, calling it arbitrary and against natural justice. Read the full details.
Kerala HC Orders Byju's RP, GLAS, EY India Heads to Appear
Kerala High Court directs Byju's RP, GLAS representative & EY India Chairman to appear personally in contempt case over alleged asset transfer. Key hearing set for July 17.
Aakash Rights Issue Stalled Over Byju's FEMA Compliance Issue
Aakash Educational Services halts ₹25 crore from Byju's parent in its crucial ₹250-crore rights issue over FEMA, ECB violations. The dispute threatens the fundraise amid leadership churn and insolvency battles. Read the full analysis.
Realty IBC Reforms Pushed to Later Phase
Government to introduce corporate IBC amendments first, delaying structural reforms for homebuyers and stuck projects. Key changes for real estate require further consultation. #IBC #RealEstate
ED Uncovers IBC Misuse, Bid Rigging in NCLT Cases
Enforcement Directorate exposes manipulation of insolvency process, arrests Lalu Prasad Yadav's aide Amit Katyal. Crucial evidence of bid rigging and ₹50 lakh cash seized in nationwide probe.
Hotel Where You Sleep in Two Countries Simultaneously
Discover Hotel Arbez Franco-Suisse, where the border between France and Switzerland runs through bedrooms and dining areas. Experience sleeping in two nations without leaving your room!
Jaiprakash Gaur's Legacy Ends in Bankruptcy
At 94, Jaiprakash Gaur watches his life's work collapse as NCLT admits Jaiprakash Associates into insolvency. Read about his rags-to-riches story and ultimate downfall.
MBD Group Expands Luxury Hotels Across India
MBD Group, India's publishing powerhouse, reveals ambitious expansion into luxury and upscale hospitality with new properties in Udaipur, Bangalore, and mid-market MBD Express hotels nationwide.
Financial creditors surpass operational creditors in IBC cases
India's insolvency code undergoes significant shift as financial creditors now dominate bankruptcy proceedings. Analysis reveals changing creditor behavior and recovery patterns under IBC framework since 2020 threshold change.
IBC Reforms: Biggest Changes in 9 Years Coming
India's Insolvency and Bankruptcy Code undergoes major reforms with cross-border insolvency and faster debt resolution. Parliament to consider revised bill in December session.
Sterling Kodai Valley Unveils Cycle-Themed Suites
Sterling Kodai Valley introduces India's first cycle-themed suites promoting slow travel. Experience unique cycling decor and curated routes in Kodaikanal. Book now for sustainable tourism!
5 Amazing Hotel Secrets You Never Knew
Discover fascinating hotel secrets from superstitions to remote locations. Learn about hotels without 13th floors, Arctic stays, and the world's oldest hotel operating since 705 AD.
Bank Chiefs to Monitor Top NCLT Cases Personally
Public sector bank CEOs must personally oversee top 20 pending NCLT cases and 10 resolution accounts. DFS Secretary Nagaraju urges swift action for better recoveries through IBC ecosystem.
10 Bills for Parliament Winter Session 2025
Indian government lists 10 crucial bills for Winter Session including Atomic Energy Bill 2025 and Higher Education Commission Bill. Key reforms in nuclear sector, education, and economy await parliamentary approval.
Govt mulls tower-level insolvency for homebuyers
Indian government and IBBI are developing a tailored real estate insolvency framework focusing on project or tower-level resolutions to protect homebuyers from construction delays. Learn how this new approach could transform the housing sector.
IBBI's New Valuation Format Aims to Cut Litigation
IBBI introduces standardized valuation format for distressed assets to enhance transparency and reduce lawsuits. Public feedback accepted until December 10. Learn how this impacts creditors.
6 Historic Train Stations Become Luxury Hotels
Discover how 6 historic railway stations worldwide have been reimagined as luxury hotels, preserving heritage while offering premium hospitality experiences.
SC to Rule on Spectrum Sale in Telco Insolvency Cases
Supreme Court deliberates whether telecom spectrum can be sold during bankruptcy. Government ministries divided as ₹40,000 crore remains stuck in Aircel, RCom cases. Read the full analysis.
Suba Hotels H1 FY26 EPS Surges 249% Year-on-Year
Suba Hotels Limited announces stellar H1 FY26 results with EPS skyrocketing 249% and revenue climbing 21%. Strong performance driven by occupancy growth and expansion.
Manipal, upGrad Vie for Byju's in NCLT Insolvency Battle
Manipal Group and upGrad compete for bankrupt Byju's parent TLPL in NCLT proceedings. US lenders hold 99.41% voting power deciding the fate of 1,780 creditors in India's biggest edtech collapse.
Manipal Submits EOI for Byju's Parent Think & Learn
Dr Ranjan Pai-led Manipal Education and Medical Group India has formally expressed interest in acquiring troubled edtech company Byju's parent Think & Learn. Discover the implications.
SC Reserves Verdict on Aircel, RCom Spectrum Insolvency
Supreme Court concludes hearing on whether telecom spectrum can be sold under IBC. The verdict will impact lenders' dues recovery and set a precedent for future cases. Read more.
Sonder Bankruptcy: Guests Evicted After Marriott Split
Sonder Holdings files for Chapter 7 bankruptcy, terminating its Marriott deal and leaving guests stranded worldwide. A travel nightmare unfolds for customers.
SBI, Govt Clash in SC Over Spectrum Sale in Insolvency
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
Wealthy Travelers Splurge on Luxury Hotels Despite High Rates
Affluent travelers are driving record luxury hotel bookings despite soaring prices. Discover how stock market gains fuel this spending spree and what it means for the hospitality industry.
Page 1 of 3