Page 7 - Akshara Srivastava

Jeera drink space hots up as Coca Cola strengthens play with RimZim

Relaunched in 2018, Coca Cola had acquired the cumin-flavoured Rimzim from Parle in the 1990s, but is only pressing the pedal on it now. The company did not respond to email queries

Realty, hospitality firms upbeat on GST Diwali bonanza and tax relief

Real estate and hospitality companies hope that GST reforms, including lower taxes and simplified compliance, will boost demand, support tourism, and aid in the growth of the economy

Tourism minister urges collective action to clock 20 million FTAs

Over the three years, India has moved up to the 39th position in 2024 from 54th position on the World Economic Forum's TTDI

Brigade Hotels signs agreement to build 6 new Marriott hotels by FY30

Hotels to come up under The Ritz-Carlton, Fairfield by Marriott, JW Marriott and Courtyard by Marriott brands

IHCL to continue with acquisitions, eyes bigger share of spiritual tourism

IHCL to expand its midscale portfolio with Clarks Hotels rebrand, Tree of Life growth, and Brij Hospitality tie-up, targeting 700 hotels before 2030 and stronger pan-India presence

Tourism can beat 'Trumpian' tariffs, says former G20 Sherpa Amitabh Kant

Former G20 Sherpa Amitabh Kant urges Rs 20,000 crore for global tourism promotion, saying the sector can offset US tariffs and boost India's growth and jobs

ITC Hotels sets 2030 goal of 220 properties, 5,300 keys in 5 years

ITC Hotels, in its first AGM post demerger, announced a pipeline of 58 hotels with over 5,300 keys in five years, targeting 200 properties by 2030 and expanding abroad

IHCL acquires 51% stake in firms operated under Clarks Hotels for ₹204 cr

The two companies include ANK Hotels Private Limited, which has a portfolio of 111 midscale hotels and Pride Hospitality Private Limited, which operates 24 hotels across India

Dabur targets double-digit growth as monsoon, inflation trends align

Chairman Mohit Burman says easing inflation and a normal monsoon support Dabur's strategy to grow revenue and profit via premiumisation, acquisitions, and rural expansion

Travel aggregator MakeMyTrip targets 'Bharat' with GenAI travel assistant

Company aims to attract first-time online travel buyers from Bharat with voice-and-text GenAI planner, expanding reach as domestic tourism demand continues to rise

Tour operators advise against Himachal, Uttarakhand travel amid rains

Heavy rainfall, floods in Himachal and a cloudburst in Uttarakhand prompt tour operators to advise against monsoon travel to the northern mountains

Hotels nearly sold out, airfares soar sharply for August 15 long weekend

Luxury villa rental firm StayVista has recorded 100 per cent occupancy for the long weekend across its portfolio

Amid lab-grown rise, Tanishq launches diamond expertise centres

Tanishq, in collaboration with De Beers, introduces three diamond expertise centres, focusing on providing clarity around lab-grown diamonds

Dabur India Q1 profit rises 3% to ₹514 crore as rural demand outpaces urban

Rural markets continued to outperform urban for the fifth quarter; Dabur's sales rose despite weather-hit summer portfolio and modest urban recovery

Indian hospitality sector dips on geopolitical tensions in June quarter

Hotel occupancy and room rates decline across cities amid Indo-Pak tensions, early monsoon and air crash; outlook for September quarter remains optimistic

Decathlon aims to up India sourcing to nearly $3 billion by 2030

Decathlon plans to boost India's contribution to global sourcing to 15%, with a focus on local production and increased market share, targeting ₹7,000 crore revenue by 2030

MakeMyTrip adds UK's largest hotel chain to strengthen hotel portfolio

Premier Inn's addition expands MakeMyTrip's directly contracted hotel base, aligning with its strategy to capture outbound demand in long-haul destinations like the UK and Europe

Suresh Narayanan's journey: From Maggi crisis to Nestle India's growth

Breakfast with BS: Suresh Narayanan, Chairman & MD, Nestle India says Legacy brands can't rely on their past anymore. The challenge now is to stay relevant, be as nimble as startups, regional players

India-UK FTA will grow Scotland whisky market by $1 bn: Glenmorangie chief

Caspar MacRae, CEO of The Glenmorangie Company, says the India-UK Free Trade Agreement will make whisky more affordable in India, helping the market grow by $1 billion

India-UK trade pact: Tariff cut may not impact Scotch whisky retail prices

The revised tariffs will apply to both bottled-in-origin (BIO) and bulk imports