After the transaction closes, the company expects its debt to be reduced by nearly Rs 580 crore. This will have a positive impact of 15-20 percent on the company's net profit, Samhi added.
According to the police, Amit Jain (42) and his wife Reva Jain (32) were standing near the swimming pool — located in the ground floor of the hotel — when a portion of a shed collapsed and fell on them, leaving them with minor head injuries
"The hospitality sector in India has bounced back quickly and the recovery has been dynamic with some numbers being even better than 2019."
As per a report by CNBC-TV18, both the directors cited refusal of the chairperson to convene board meeting to discuss financial problems of the firm, as the reason behind their resignation.
As per filings made to the stock exchanges, Asian Hotels (West) failed to repay the principal and interest of Rs 4.32 crore taken from Yes Bank as term loans. The defaults included a car loan EMI of Rs 400,000. Asian Hotels has a total debt of Rs 262.54 crore.
The five-star property, which lies in close proximity to the Mumbai International Airport, will remain closed until further notice.
At a well-attended ceremony in Mumbai, Hyatt Hotels & Resorts has been recognized as one of ‘India’s best companies to work for in ...
At a well-attended ceremony in Mumbai, Hyatt Hotels & Resorts has been recognized as one of ‘India’s best companies to work for in ...
In this episode of NSE Finwiz Season 3, Kalpesh Ashar, Founder of Full Circle Planners and Advisors and Nikhil Kothari, Director at Etica Wealth Management educate and advice the young employees of Hyatt Regency on debt instruments.
At a stretch, 2286 students of Chennai’s Amirta International Institute of Hotel Management have secured positions in the ...
NSE Finwiz powered by CNBC-TV18 visits one of Mumbai‘s leading five star hotels Hyatt Regency Mumbai where Kalpesh Ashar of Full Circle Planners & Advisors and Nikhil Kothari of Etica Wealth Management gave their expert advice on debt instruments.
As part of AIESEC’s global initiatives to bring student leaders on one platform, the India chapter of the organization is going to host the ...
It is time for the magnets of the north to cook up a delicious meal as Cook For A Smile makes its debut at the Hyatt Regency in New Delhi. Contribution from the privileged section of the society paves the way for successful development, aims to create awarness about malnourishment at national level.