Page 9 - Roshni Shekhar

Hindalco plans $10 billion investment over 5 years to boost value chain

At its AGM, Hindalco unveiled a $10 billion investment plan over five years to expand aluminium, copper and alumina operations, with its Dahej smelter set to become the largest outside China

Hospitality major Hilton Hotels sees growth across all segments in India

For the first six months of 2025, Hilton Hotels has recorded a double-digit growth in its revenue per available room (RevPAR) on a year-on-year (Y-o-Y) basis

Marriott International, Flipkart stitch together dual-loyalty plan

Marriott International and Flipkart launch a dual-loyalty program for Indian consumers, allowing members to earn and exchange points, enhancing both brands' presence in India's growing travel sector

Tips Music acquires Studio Radha's full catalogue to expand into Gujarat

Tips Music has acquired Studio Radha's catalogue of over 4,000 devotional, folk and cultural songs to expand into Gujarat's music heritage and strengthen its regional portfolio

Gen Z in India less attentive to digital ads than millennials: Report

A report by Snapchat, WPP Media, and Lumen Research says Gen Z in India pays less attention to traditional digital ads, with immersive full-screen video and AR boosting engagement

PVR INOX narrows Q1 loss to ₹54 crore on strong lineup, cost control

The company's revenue from operations rose by 23.38 per cent to ₹1,469.1 crore during the quarter compared with Q1FY25

EIH to open four hotels to expand presence in India's leisure market

The company will be expanding through its Oberoi and Trident brands for the new hotels under management contracts, it said in a release in a stock exchange filing

EIH Q1 net profit declines 63.3% to ₹33.9 crore on exceptional loss

EIH's net profit fell to Rs 33.9 crore in Q1FY26 due to a Rs 110.49 crore exceptional loss on its Mashobra Resort investment, Tirupati project, and Kolkata renovation

BLS International Q1FY26 results: Net profit rises 49.8% to ₹181 crore

Visa and citizen services provider BLS International saw its Q1FY26 profit rise nearly 50% YoY to ₹181 crore, aided by strong digital, visa and consular segment growth

Direct-to-OTT film releases lose sheen post-Covid; platforms shift strategy

Streaming giants curb direct-to-OTT films amid cost cuts; producers return to theatres for broader reach and better monetisation

Applause Entertainment acquires rights to six novels of Jeffrey Archer

Applause Entertainment has acquired the rights to six novels by Jeffrey Archer for adaptation into films and series. The acquisition marks the company's first global fiction book venture

Brands may push festival ad spends by up to 20%, but with an eye on RoI

Overall festival advertising expenditure could reach between ₹48,000 crore and ₹51,000 crore in 2025

Imax lures more viewers as premium demand rises across metro cities

PVR INOX and Cinepolis India report an increase in IMAX releases, driven by growing audience interest in 'premium cinema experience'

Vedanta Q1 net profit falls 11.7% to ₹3,185 crore on weak LME prices

While revenue rose nearly 6%, lower commodity prices weighed on Vedanta's bottom line; zinc and alumina operations hit record production levels in Q1FY26

IAMAI picks JioStar CEO Kiran Mani to lead Digital Entertainment Committee

Kiran Mani and Deepit Purkayastha to lead IAMAI's Digital Entertainment Committee for two years, focusing on OTT, tech adoption, and creator monetisation

Chalet Hotels names Shwetank Singh as new MD and CEO from February 1

Singh will take over from Sanjay Sethi. The board of directors, in a meeting on Thursday, approved the appointment of Singh as the MD and CEO

Thomas Cook sees July rebound in travel bookings after Q1 disruptions ease

Bookings witnessed moderation following Pahalgam terror attack in April and Air India plane crash in June

Ajit Varghese returns to Madison as CEO after exiting JioStar revenue role

Ajit Varghese to lead Madison Media and OOH as partner and group CEO after stepping down from JioStar; Mahesh Shetty to helm revenue operations at JioStar

Hotels target frequent air travellers to attract customers amid travel boom

Such initiatives highlight the rise in providing seamless travel experiences to travellers, as per hospitality industry executives

ALTT, Ullu among 25 OTT apps banned for obscene, vulgar content

The Ministry of Information and Broadcasting blocks 25 OTT platforms, including Ullu and ALTT, for hosting inappropriate content despite prior warnings