Page 6 - Roshni Shekhar

BLS International wins 3-year contract to run visa centres in China

This comes a few days after the company had received notice from the MEA on being debarred from participation in future tenders of the MEA and Indian missions abroad for a period of two years

Prosus raises Ixigo stake to 15.16% as Peak XV, Elevation trim holdings

Peak XV Partners and Elevation Capital reduced their stakes in Ixigo parent Le Travenues Technology through off-market transactions as Prosus increased its holding to 15.16%

Network18 Media and Investments reports net profit of ₹40.7 cr in Q2

The company turns profitable, acquiring the remaining 50% stake in News18 Lokmat for ₹25 crore to make it a wholly owned subsidiary.

IPL valuation to mostly remain flat in 2026, says D&P Advisory

This comes after the IPL's overall valuation fell by 8 per cent to Rs 76,100 crore in 2025

PRISM-backed Sunday PropTech to acquire 12 hotels in FY26 expansion push

The OYO Assets firm aims to expand its premium and mid-premium portfolio, with acquisitions funded through a mix of debt and equity backed by InCred, Analah, and SoftBank

IPL's valuation drops for second time in a row in 2025 to ₹76,100 cr

A report released by D&P Advisory, titled 'Beyond 22 Yards 2025', said that the value of IPL fell by 8 per cent in 2025 compared to ₹82,700 crore in 2024

Chalet Hotel launches premium lifestyle brand Athiva, eyes rapid expansion

The premium lifestyle brand ATHIVA will start with six hotels and 900 keys, as Chalet Hotels aims to double capacity and expand into Goa and Thiruvananthapuram

FHRAI urges FM Sitharaman to restore ITC, delink F&B GST from room tariffs

Hospitality body seeks regularisation of past GST dues, restoration of input tax credit for hotels, and flexibility in F&B taxation linked to room pricing

Affordable leisure stays up 22% as Indians spend more on experiences

Thrillophilia's report shows a 22% rise in affordable leisure stays as travellers opt for 'smart luxury' and shift spending from premium hotels to meaningful experiences

Office clusters, corporate travel to drive next growth for hotel firms

Ventive, Brigade, Samhi and Chalet to bring majority of new inventory to metro office hubs

Taj GVK, IHCL sign 20-year pact for new five-star hotel in Bengaluru

IHCL will manage Taj GVK's upcoming five-star property in Yelahanka, Bengaluru, under a 20-year agreement as part of its ongoing expansion through management contracts

Smaller cities drove India's greenfield hotel projects in H1 CY25

Newer hotels may take up larger share of signings in the year, led by global brands expanding operations

Lokah Chapter 1: Chandra sets new benchmark for Malayalam film industry

Highest-grossing Malayalam blockbuster earns ₹300 cr in 6 weeks of release

Oyo parent Prism announces leadership realignment for global growth

Ankit Tandon elevated as COO and CEO-Europe; leadership changes align with PRISM's IPO plans and premiumisation strategy across global markets

YouTube India aims to unlock more growth via shopping, brand tie-ups

Platform sees surge in shopping-related watch time, adds new partners to its affiliate program and expands tools for creator-brand collaborations

IATO urges government to strengthen global promotion of India tourism

Tour operators seek tourism attaches, global campaigns, and a unified Incredible India strategy to revive foreign tourist arrivals and attract new markets

India's cricket economy has just scratched surface, says Knight Riders CEO

Venky Mysore says India's cricket valuations have only scratched the surface, as investments rise and sports like football, kabaddi, and e-sports gain traction

Balaji Telefilms focuses on strengthening Kutingg after ALTT platform ban

The company plans over 200 micro dramas and long-format binge shows on its new OTT platform Kutingg as it pivots to family-friendly digital content after ALTT's suspension

Govt aims to double concert economy, simplify event permissions in India

The I&B Ministry will launch a single-window platform to ease concert permissions as India attracts major global artists and sees record live event growth

Streaming platforms switch channels to South India, small-town viewers

To attract these new subscribers, platforms like JioHotstar are expected to double its original programming hours in the next 12 to 18 months in southern languages