Ihcl

IHCL to acquire 51% stake in wellness brand Atmantan for ₹240 crore

The transaction will entail a primary investment of Rs 205 crore and a secondary share purchase of Rs 35 crore

Indian Hotels dips 5%, stock hits over five-month low on heavy volumes

The outlook continues to remain healthy for Indian Hotels, led by continued traction in both the core business and new and reimagined businesses, say analysts.

IHCL expects weddings, MICE to drive 10% growth in December quarter

Co. records 14th consecutive quarter of growth, net tumbles due to one-off gain

IHCL, Ambuja Neotia plan joint hospitality investments beyond Bengal

Leading hotel chain Indian Hotels Company Limited (IHCL) and Kolkata's Ambuja Neotia Group are exploring the possibility of expanding their strategic partnership beyond management contracts into joint investments in hospitality projects, senior executives from both companies said on Friday. The development marks a deepening of their existing relationship, with IHCL currently managing six of Ambuja Neotia's properties and another 7-8 in the pipeline across various locations. In July, IHCL had announced the signing of an additional 15 hotels with the group, slated for development over the next three years. IHCL Managing Director and Chief Executive Officer Puneet Chhatwal said the company is looking at joint investment opportunities with Ambuja Neotia Group. He noted that while the group's preference has traditionally been West Bengal, it is now showing readiness to explore projects in neighbouring regions. He added that IHCL has several projects available for collaboration if the grou

Stocks to Watch today, Sept 24: Swiggy, Akzo Nobel, Cochin Shipyard, IHCL

Stocks to Watch today, September 24, 2025: IHCL, Swiggy, Akzo Nobel and other stocks will be in focus today; here's why

IHCL invests ₹100 cr in ELEL Hotels via rights issue for Taj Bandstand

ELEL Hotels holds the lease for Bandstand land parcel, where IHCL is developing Taj Bandstand, its fifth Taj-branded hotel in Mumbai alongside Taj Lands End

IHCL wants to become 'superstar' of India's hospitality sector, eyes growth

The Tata group's hospitality arm recorded its 13th consecutive quarter of record performance in June this year, with a 19% increase in consolidated net profit (to ₹296 crore) and a 32%ump in revenue

IHCL eyes strategic acquisitions to expand presence in key markets: MD

The country's biggest hospitality player Indian Hotels Company Limited (IHCL) is looking at forging strategic acquisitions to expand its presence in existing markets and enter select destinations in Europe and Southeast Asia, CEO and MD Puneet Chhatwal said. In an interview to PTI, he shared that the Tata Group-owned firm will not acquire more physical assets for its marquee brand the Taj and instead, opt for an operating contract arrangement. Large hospitality firms typically have a mix of owned as well as managed or operated properties in their portfolio. IHCL uses the terminology of asset light and asset heavy, with the latter denoting a physical asset it owns. As part of its 'Accelerate 2030' strategy unveiled earlier, IHCL has set a target of over 700 hotels in its portfolio by 2030. Asked if IHCL was looking at expansion in key markets globally and entering new markets via more strategic acquisitions, Chhatwal said, "Absolutely, we would be looking at it because we are a ...

IHCL signs agreement with Madison for 10 new hotels in South India

The Indian Hotels Company on Monday said it has signed an agreement with Madison, the hospitality platform of Terminus Group and JV Ventures, for ten new hotels to be operated under the Ginger brand spread across the southern states of India. Madison will invest approximately Rs 500 crore in the construction of ten hotels with over 1,000 keys within the next three years. The ten new hotel sites will primarily be greenfield and brownfield projects, and this partnership has commenced with the signing of a 75-key Ginger hotel in Genome Valley in Telangana, Indian Hotels Company (IHCL) said in a statement. This capital-light arrangement will be an operating lease agreement under the Ginger brand, it added. Ginger represents IHCL's strategic response to capitalise on the growing opportunity in the mid-scale segment in India for the aspirational traveller. The brand spans all city categories and destinations from metros, state capitals, commercial centres, industrial townships, pilgrima

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

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

IHCL to buy majority stakes in ANK Hotels and Pride Hospitality, operators of 135 Clarks Hotels & Resorts properties, to strengthen midscale presence across India

IHCL to buy stake in firms operating The Clarks Hotels & Resorts' brand

Tata Group-owned Indian Hotels Company Ltd (IHCL) on Monday said a committee constituted by its board has approved and executed agreements to acquire about 51 per cent stake each in two entities -- ANK Hotels and Pride Hospitality -- which have a portfolio of 135 hotels operated under 'The Clarks Hotels & Resorts' brand. The transactions to be executed via cash consideration are expected to be completed by November 15, 2025. The share subscription and purchase agreements and shareholders' agreements were executed to acquire about 51 per cent equity stake for an amount not exceeding Rs 110 crore in ANK Hotels Pvt Ltd, and Rs 94 crore in Pride Hospitality Pvt Ltd, according to a regulatory filing. "The foregoing companies have a portfolio of 135 hotels which are operated under 'The Clarks Hotels & Resorts', primarily across India, IHCL said. The country's biggest hospitality player has also signed a distribution & marketing agreement with 'Brij Hospitality Pvt Ltd', which ...

Taj parent expands partnership with Ambuja Neotia Group for 15 new hotels

Indian Hotels Company (IHCL) has entered into an agreement with Ambuja Neotia Group to establish 15 new hotels across multiple states, set to be completed over the next three to seven years.

Indian Hotels books another quarter in growth suite, sees steady growth

Travel rebound and fresh keys steady the quarter; weddings and lean supply keep growth checked in

IHCL Q1FY26 net profit rises 19% to ₹296 crore amid global flare-ups

IHCL posts Rs 296 crore Q1 profit and 32% rise in revenue, signs 12 hotels including wildlife lodges in Africa, targets 400-hotel milestone and future expansion

IHCL acquires additional stake in subsidiary ELEL Hotels for ₹165 crore

The acquisition was made at an issue price of ₹5,000 per share, the company said in a BSE filing

IHCL brands are growing, Ginger expanding fastest: N Chandrasekaran

At IHCL's AGM, chairman N Chandrasekaran says all brands are growing, led by Ginger; EBITDA margin at 35 per cent and goal set to double revenue by 2030

Rajasthan HC refuses IHCL plea on land use dues to Jai Mahal Palace Hotel

The court had also ordered an annual increase in the amount to be paid to Jai Mahal Palace Hotel if arbitration is delayed beyond May 2029

Tata group's IHCL records 25% higher net profit for Q4FY25 at Rs 522 crore

India's leading hospitality chain to invest over ₹1,200 crore in FY26

Tata Group's hospitality firm IHCL expands portfolio to 380 hotels in FY25

Tata Group hospitality firm Indian Hotels Company has increased its footprint to 380 hotels by launching properties at 100 new locations in FY2025. "IHCL in the last fiscal year has clocked a record 74 signings, resulting in an industry-leading pipeline of 137 hotels. This was enabled by IHCL's strong brand presence across market segments coupled with the sustained demand buoyancy," the company in a regulatory filing quoted its Executive Vice President - Real Estate & Development, Suma Venkatesh as saying. "IHCL opened 26 new hotels in FY25, with Ginger leading the way with 9 hotels across diverse markets including commercial centres of Nagpur and Coimbatore, industrial townships like Jamshedpur, leisure destinations like Srinagar, Udaipur and Diu as well as in state capitals of New Delhi and Goa," its Executive Vice President -- Hotel Openings & New Businesses -- Deepika Rao said. Incorporated by the Tata Group founder Jamsetji Tata, the company opened its first hotel - The ..