Ashok Leyland Ltd, part of the automobile space, has fallen by over 10% from its recent high recorded in August 2023 and the chart pattern suggests that the weakness could continue.Short -to medium-term traders can look to sell the stock now for a possible target towards 150 levels in the next 1-2 months, suggest experts. … Read more
Indian Hotels Ltd, part of the hotel industry, has rallied more than 12% in a month to hit a fresh record high in January 2024 and the chart pattern suggests that the rally may not be over yet.Short-to-medium-term traders can look to buy the stock now for a possible target of more than 500 in … Read more
PRS Oberoi, 93, popularly known as Biki, never had to go through the struggle undertaken by his father, the legendary Mohan Singh Oberoi who began his career as a lowly-paid employee at Simla’s Cecil hotel. But wealth apart, nothing else in life came easy for PRS, who had to work incredibly hard to expand the … Read more
October last year is when the hotels started getting queries for weddings and they were quick to adapt to the new normal. By Vishakha Talreja, It has been a bleak year for hotels, but the big fat Indian wedding industry has emerged as a knight in shining armor helping hotels garner revenues and occupancies in … Read more
The move, the statement added, would help the hotel industry generate more employment. In a major push to the hotel and restaurant industries, the Delhi govt on Wednesday allowed all restaurants in the national capital to operate 24 hours of the day, the Indian Express reported. Before this decision comes into force, the restaurants and … Read more
New Delhi: Delhi Chief Minister Arvind Kejriwal on Wednesday announced delinking of hotels from hospitals in view of the improving COVID-19 situation in the national capital. Kejriwal said all beds in such hotels, which were recently attached to hospitals, were lying vacant for the last many days. The decision was taken after the chief minister … Read more