The venture is backed by an equity infusion plan of up to $300 million, with GIC acquiring a significant minority stake in ...

Nitte Institute of Hospitality Services (NIHS), Mangaluru, a constituent college of Nitte (Deemed to be University), stands ...

Prestige Hotel Ventures has filed a draft prospectus with SEBI for an IPO to raise ₹2,000 to 2,500 crore, focusing on hospitality growth and debt repayment. The IPO features a fresh equity issue and ...

BENGALURU: Bengaluru Rural Lokayukta police detained commercial tax inspector Nijanandamurthy MR when he was allegedly ...

With this, the Singapore fund will pick up a 35% stake in five hotels, of which four are operational and one is under ...

Kamakshi Prasanna shares how her husband Madhusudhan was killed during the Pahalgam attack while shielding their children.

Singapore's sovereign wealth fund, GIC, is acquiring a 35% stake in three subsidiaries of SAMHI Hotels -- Courtyard & ...

Singapore’s sovereign wealth fund GIC will partner with SAMHI Hotels to develop upscale and premium hotels in India.

Bengaluru: Four Seasons Hotel Bengaluru is delighted to announce Bakul Pednekar's appointment as Director of People & Culture ...

CMD and CEO Ashish Jakhanwala said net debt is expected to decline to around ₹1,460 crore once the transaction is completed.

GIC, leading global institutional investor, and SAMHI Hotels have entered into a strategic partnership to establish an investment platform for upscale and higher hotel assets in India.

After the transaction closes, the company expects its debt to be reduced by nearly Rs 580 crore. This will have a positive ...