Category : Search result: hotel stake sale


Hilton Cuts Ties with Hotel Over ICE Refusal

Hilton terminates franchise agreement after undercover footage reveals a Minnesota hotel, owned by Indian-Americans, still refusing service to ICE agents. Full story on the escalating controversy.

IGX Aims for 2026 IPO; IEX to Sell 22% Stake

Indian Gas Exchange (IGX) plans its IPO by end-2026. The offer will involve a 22% stake sale by promoter IEX. Discover details on expansion, gas trading growth, and future plans for hydrogen trading.

Kedaara to buy majority stake in Tynor Orthotics

Private equity firm Kedaara Capital is set to acquire a majority stake in Mohali-based Tynor Orthotics, valuing the medical device maker at ₹3,500-4,000 crore. Read the full story.

Bollywood's Corporate Transformation: Studios Sell Stakes

Bollywood's iconic family-run studios like Dharma and Excel are selling stakes to corporate giants, marking a fundamental shift towards a corporatized, professionally financed entertainment ecosystem. Explore the major deals and their impact.

Edelweiss Sells 10% Stake to WestBridge Capital

Edelweiss Financial Services completes divestment of 10% stake in its asset management business to WestBridge Capital. Deal values Edelweiss Asset Management at ₹3,000 crore. Read details.

Global Giants Eye Stake in IndiaFirst Life Insurance

Samsung Life, BNP Paribas, Prudential Plc, and Norwest Venture Partners are evaluating a stake buy in IndiaFirst Life Insurance from Warburg Pincus, in a deal that could value the insurer at over ₹10,000 crore. Read more.

Stonepeak to Buy BP's Stake in Castrol India

New York's Stonepeak is set to acquire a majority stake in Castrol India from BP. The deal includes a Rs 4,990 crore open offer. Read the full details and implications for the Indian market here.

BP Sells 6.5% Castrol Stake for ₹6,000+ Crore

BP Plc sells a 6.5% stake in Castrol India for over ₹6,000 crore via block deals. The move aims to monetize assets while maintaining a majority holding. Details on the share price surge and market impact inside.

New Year hotel rates jump 10-20% on strong festive demand

Indian hotels hike New Year 2026 tariffs by 10-20% amid robust demand. From luxury chains to city hotels, festive packages with yoga, brunches & DIY bars lure guests. Bookings surge on platforms like Cleartrip. Read more.

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