Page 3 of Indian Hotels

Service charge row: Why can’t restaurants raise salaries of staff, asks HC

Hotels argued that if customers agree to order food after seeing on the menu that a service charge would be…

August 17, 2022 02:30 IST

Rakesh Jhunjhunwala, Rakesh Jhunjhunwala portfolio, Rakesh Jhunjhunwala stock

Rakesh Jhunjhunwala stock Indian Hotels rises after Q1 profit jumps to Rs 170 crore; should you buy, hold or sell?

Rakesh Jhunjhunwala portfolio stock India Hotels Company (IHCL) jumped 1 per cent on Wednesday, after the the company reported a…

August 10, 2022 10:52 IST

CCPA to challenge HC order staying norms on service charge levy

On July 20, a single-judge bench of the Delhi HC stayed the guidelines issued by CCPA on the levy of…

July 27, 2022 03:25 IST

Hotels, tourism firms likely to have seen sharp recovery in April-June quarter; check top stocks to buy

The hotels and tourism sector has gone through a lot over the last few years since covid took the world…

July 12, 2022 15:04 IST

What are new service charge norms for hotels and restaurants – details here

The authority has issued five major guidelines regarding the levy of service charges issued by restaurants and hotels.

July 5, 2022 13:41 IST

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Rakesh Jhunjhunwala stock up 24% so far in 2022; brokerages say buy, see up to 32% potential rally

Rakesh Jhunjhunwala portfolio stock Indian Hotels Company (IHCL) has jumped 24% so far this year, outperforming benchmark Nifty 50 which…

June 24, 2022 11:41 IST

Restaurant owners say service charge not illegal; it’s for the benefit of staff

The service charge is transparent, worker-friendly and is also recognised by many judicial orders which have been shared with DoCA,…

June 5, 2022 03:15 IST

SOCIAL, Smoke House Deli owner plans 14-16 new outlets across India in FY23

While Impresario could reach only 40% of its pre-Covid revenues in FY21 and 76% in FY22, Amlani said he is…

Updated: May 26, 2022 13:17 IST

stocks to watch, stocks in focus, bpcl, future retail

BPCL, Indian Hotels Company, Future Retail, Coal India, Grasim stocks in focus

Indian equity markets are likely to open gap up on Wednesday amid mixed global cues. Nifty futures were trading 37.50…

May 25, 2022 08:03 IST

Levying service charge not illegal, matter of individual policy: NRAI

“Information regarding the amount of service charge is mentioned/ displayed by restaurants on their menu cards and otherwise also displayed…

May 25, 2022 00:30 IST

Rakesh Jhunjhunwala stock, Rakesh Jhunjhunwala portfolio stock, ihcl, indian hotels

Rakesh Jhunjhunwala stock Indian Hotels up 23% so far in 2022, outperforms Nifty; shares may further jump 20%

Rakesh Jhunjhunwala portfolio stock Indian Hotels Company (IHCL) has outperformed benchmark Nifty 50 so far this year. IHCL share price…

May 24, 2022 12:19 IST

For IHCL, amã Stays & Trails, Ginger and Qmin are new-age brands, while Taj, Vivanta and SeleQtions are traditional brands.

IHCL aims to open properties under amã in every state to tap into growing homestay market

“We have 82 amãs now. We have plans to grow it to almost 500 over the next three to five…

May 11, 2022 03:45 IST

IHCL for equal ratio of asset-light, owned hotels in future

“The aspiration is to make it to 50 per cent for asset-light and the remaining for owned or leased,” IHCL…

May 7, 2022 21:31 IST

indian hotels co, rakesh jhunjhunwala portfolio. ihcl share price

Rakesh Jhunjhunwala portfolio stock Indian Hotels soars 5% post Q4 results, brokerages see up to 24% upside

Indian Hotels Company share price has surged 34% so far this year and over 124% in the last one year.…

April 28, 2022 12:28 IST

hotel, hospitality industry, international travel, flight, tourists, travel, room rate, occupancy, business travel, staycation, leisure travel

Hotel industry expects 10% rise in bookings as international flights restart; even more after summers

The hotels industry across India is expecting a rise of around 8-10 per cent in their bookings and revenue generation…

April 21, 2022 14:52 IST

IHCL forays into branded residences, signs up for new Taj hotel in Chennai

The greenfield development will comprise a luxury hotel with 235 keys and 123 Taj branded residences.

April 20, 2022 01:30 IST

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Big step towards accelerating formal, high-productivity jobs: Experts

Industry1 hr ago

The pending four labour codes in India are expected to bring significant changes, including universal minimum wages and social security for all workers. They aim to ease compliance and promote formal job creation, while also providing benefits for gig workers and women working night shifts. However, their success will depend on proper enforcement.

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