SAMHI Hotels Limited acquires Innmar Tourism and Hotels Private Limited for ₹205 crore, expanding its presence in Bangalore.

The acquisition for Rs 250 crore allows Samhi Hotels to gain a foothold in Bengaluru's upscale hotel segment, as Innmar ...

The Board of Samhi Hotels at its meeting held on 04 October 2024 has approved the acquisition of Innmar Tourism and Hotels for a consideration of Rs 205 crore (enterprise value). The target owns an ...

Bengaluru is known as the IT-hub of India. The city is home to several IT-giants such as Infosys, Wipro and other companies.

The latest threat comes just days after similar bomb hoaxes were sent via email on September 28 to the Taj West End Hotel and ...

The Leela luxury hotel parent's IPO for a 5,000 crore rs IPO on September 20, would be the biggest in India's hospitality ...

Three top colleges in Bengaluru —BMS College, MS Ramaiah College, and BIT College—have been placed on high alert following a ...

BMS College, MS Ramaiah College, and Bangalore Institute of Technology (BIT) engineering College in Bengaluru received bomb ...

Experts believe the current demand visibility in India’s tourism industry is strong enough to sustain significant buying ...

Founded in 2023, Flent facilitates flexible stays between one to 11 months with minimal deposits and custom-designed rental ...

The acquisition will be completed on or before 4th October 2024 for a consideration of Rs 2,050 million (Enterprise Value) adjusted for net working capital including cash.