HOSPITALITY
IHCL completes acquisition of 51 pc stake in Brij Hospitality for Rs 222 cr
Indian Hotels Company (IHCL), a Tata Group firm, has finalized its acquisition of a 51% stake in Brij Hospitality for approximately Rs 222 crore. This strategic investment, made through IHCL and its step-down subsidiaries, now makes Brij Hospitality a subsidiary of IHCL. The deal involved purchasing shares from existing shareholders and a primary investment in Brij.
‘I saw her from outside. Within minutes, she was gone’: Mumtaz recalls her last memory of Asha Bhosle
Actress Mumtaz recalled her final moments with singer Asha Bhosle. Mumtaz visited Bhosle in the hospital but could not meet her. She learned of Bhosle's passing shortly after leaving. Mumtaz also spoke about Bhosle's challenging songs and her unique talent. She emphasized that Bhosle and Lata Mangeshkar were incomparable artists. Bhosle passed away at 92 after a brief illness.
Nifty can rally to 30,089 in Prabhudas Lilladher’s bull case scenario, adds 3 stocks to model portfolio
Domestic brokerage Prabhudas Lilladher sees Nifty rallying 24% to 30,089 in a bull-case scenario, driven by strength in banks, capital goods and telecom. It added Polycab India, JSW Steel and Fortis Healthcare to its model portfolio, while cautioning on inflation risks and global uncertainties.
Lemon Tree Hotels shares soar 13%. What’s keeping traders active?
Lemon Tree Hotels' shares surged over 13% following the announcement of its expansion into Gujarat with a new hotel signing. This move, part of a broader asset-light growth strategy, reinforces the company's focus on tourism and pilgrimage markets. The company is also undergoing a strategic restructuring with Warburg Pincus to unlock shareholder value.
21 dead, 51 injured as bus rolls down hill in J&K's Udhampur
A passenger bus plunged down a hill in Udhampur district on Monday. The accident claimed 15 lives and left 20 people injured. Locals initiated rescue efforts before emergency services arrived. The bus was traveling from a remote village to Udhampur. Seriously injured individuals are being airlifted for medical aid. The local administration is coordinating relief efforts.
Health insurance coverage rises, higher in rural areas: Survey
Health insurance coverage in India has seen a major jump. Rural areas now have more people insured than urban centers. Government schemes are driving this growth. Out-of-pocket hospital expenses have also been reported. Morbidity levels have risen, with infections being the main reason for hospitalisation. Institutional deliveries are now almost universal across the country.
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Radisson Hotel Group expects to create 65,000-80,000 job opportunities in India by 2030 with 500 properties
Radisson Hotel Group is embarking on an ambitious journey to enhance its footprint in India, targeting the launch of 500 hotels by 2030. This initiative is projected to create up to 80,000 jobs, focusing on upscale and mid-scale offerings in diverse city environments. Committed to local community enrichment, the group is also prioritizing skill development to foster career growth.
PM Modi announces Rs 2 lakh ex-gratia for kin of Udhampur bus accident victims
Prime Minister Modi announced ₹2 lakh ex-gratia for families of victims in a tragic Udhampur bus accident, with ₹50,000 for the injured. The bus, en route from Ramnagar to Udhampur, collided with an auto, resulting in 15 confirmed deaths and 33 injured. Authorities are prioritizing medical care for the wounded, with potential airlifting for critical cases.
Kashmir parties urge authorities to release Baramulla MP Rashid
Political leaders across Kashmir are calling for the release of Lok Sabha member Engineer Rashid. His father is critically ill and on ventilator support in a Srinagar hospital. Parties emphasize compassion and humanitarian grounds for his release. Rashid, currently in jail, won the Lok Sabha election while incarcerated. His interim bail period recently ended.
Why are hospital stocks defying market volatility? Demand, beds and growth plans
Over the past five years, the sector has delivered strong growth, with revenues rising about 15.5% annually between FY2019-20 and FY2024-25, while EBITDA (Earnings before interest, taxes, depreciation and amortization) grew faster at around 25%. This was driven by higher insurance-led payments ensuring steadier revenues, strong demand for profitable inpatient care, and aggressive expansion in beds and facilities.
CA reveals why Shettys of South India are very successful in the restaurant business, shares three principles that made them stand out from the rest
Financial expert Sarthak Ahuja highlights how the Shetty community, originating from Tulu Nadu, built a dominant restaurant presence across India. Their success stemmed from a standardized menu, affordability, and a strong work ethic, fostering a cycle of mentorship and entrepreneurship that propelled their influence in hospitality.
Vedanta Chhattisgarh power plant blast: Death toll rises to 23
The death toll from a blast at the Vedanta power plant in Chhattisgarh's Sakti district has risen to 23. Two more workers died from their injuries on Saturday. Twelve others remain hospitalized, with three in critical condition. An FIR has been filed, naming Vedanta Group chairman Anil Agarwal. Investigations are ongoing to determine the cause of the explosion.
Teen injured after machete attack at Melbourne restaurant triggers panic, attackers flee on foot; probe on
A violent incident unfolded in Melbourne when a masked group attacked a restaurant gathering with machetes. An 18-year-old was hospitalized with injuries. Separately, a truck driver tragically lost his life in a multi-vehicle collision on a Victorian road. Several others were taken to hospital following the crash. Police are investigating both incidents.
Chhattisgarh power plant blast: Death toll rises to 21; Congress demands culpable homicide charge
The death toll from the April 14 blast at Vedanta's power plant in Sakti district, Chhattisgarh, has reached 21. A worker died from injuries on Thursday night. The explosion occurred in a steam tube. Fourteen individuals remain hospitalized, with five in critical condition. Police have registered an FIR naming Vedanta Group chairman Anil Agarwal and plant head Devendra Patel.
'Hospital infra isn't sole determinant of better care, outcomes also matter,' says Max Healthcare Chairman
Max Healthcare has significantly increased its bed capacity to 6,500 with a new Saket facility. This expansion targets both domestic patients seeking quality care and international medical tourists. The company leverages brownfield economics to manage costs effectively. Max Healthcare aims to contribute to India's growing healthcare infrastructure, addressing a substantial gap in private tertiary care beds.
West Asia conflict hits tourism, aviation: PHD Chamber of Commerce and Industry flags 15-20%
The ongoing conflict in West Asia is casting a long shadow over India's tourism and aviation sectors. Tourist arrivals have plummeted, prompting airlines to alter their routes, which in turn raises both fares and journey durations. The hospitality industry is feeling the strain as well, with many restaurants shutting down and significant losses reported.
ET Family Business Awards: Adding AI-care to the practice of good health
Apollo Hospitals, India's largest healthcare network, is strategically embracing technology-led healthcare, focusing on digital integration, AI, and genomics. Driven by preventive care and evolving disease burdens, the company aims for tangible improvements in patient outcomes and extended care beyond hospitals. This shift is shaped by distinct patient cohorts and a commitment to innovation with purpose.
West Asia conflict disrupts aviation, leads to 15–20% dip in inbound tourist traffic; Rs. 18,000 crore net loss for industry: PHDCCI report
India's vibrant tourism and hospitality sector is currently reeling from the impact of conflicts in West Asia. With inbound tourist arrivals plummeting and flight paths being heavily affected, the industry is facing unprecedented financial strain. In response, there is a call for innovative policy changes to enhance stability and broaden the range of tourism experiences.
Two Trades for Today: A hospital chain for a gain of 3.07%, a mid-cap iron and steel maker’s stock for an almost 6% rise
Our technical analysts identify select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
From ICU to smiles: When a chocolate brownie forged an emotional connection between a top doctor and a critical patient and her kid
Hyderabad neurologist Dr Sudhir Kumar shared an emotional story from hospital life that began with a simple Rs 50 chocolate brownie and later unfolded inside an ICU. A small act of kindness at a food court connected a doctor, a child, and a grieving family already facing multiple tragedies. Days later, the same family returned as the doctor treated a critically ill patient. The child’s recognition of the earlier gesture brought the moment full circle, highlighting how small kindnesses can echo through life, illness, and recovery.
KKR-backed Baby Memorial to acquire 60% stake in Star Hospitals for ₹1,800 crore
Baby Memorial Hospital will acquire around 60% stake in the Hyderabad hospital chain's parent company, Unimed Healthcare.
Kanpur kidney racket case: How a fake doctor with Class 12 education ran 30 surgeries
A fake doctor, who passed out just class 12, has been arrested in Kanpur. As per initial investigation he even managed to perform30 kidney transplant surgeries, putting life of patients in grave danger. The case first came to spotlight when police raided Ahuja Hospital in Maswanpur following a tip-off.
Why did Prince Harry and Meghan Markle visit Royal Children's Hospital during their Australia tour? Watch the video of their ‘privately funded’ visit
Prince Harry and Meghan, the Duke and Duchess of Sussex, visited Melbourne's Royal Children's Hospital on Tuesday, April 14, 2026. This marked their first stop during their Australia tour. The former royals interacted with young patients and their families. The visit is privately funded. This is their first trip to Australia since 2018.
Marengo Asia Hospitals aims to raise ₹500 crore via 10% stake sale
Marengo Asia Hospitals is seeking to raise ₹500 crore by selling a 10% stake, valuing the company at approximately ₹5,000 crore. The hospital chain, backed by Samara Capital and promoter families of Godrej and Havells India, operates eight hospitals across multiple regions. The funds will be used to further expand its network through acquisitions.
Bajaj Group enters healthcare: Rs 2,500 crore investment for integrated network
The Bajaj Group is entering the healthcare sector with an initial investment of Rs 2,000-2,500 crore to build Bajaj Integrated Health Systems (BIHS). This new entity will focus on an integrated continuum of care, including hospitals, day clinics, and home services, aiming for a pan-India footprint within 10-15 years.
Aster DM Healthcare invests Rs 96 crore to expand Whitefield facility; capacity to increase to 539 beds
Aster DM Healthcare has invested Rs 96 crore to expand its women and children facility at Aster Whitefield Hospital in Bengaluru. The hospital's bed capacity will increase significantly. This expansion enhances specialized maternity and pediatric care. The initiative aims to improve maternal and child health outcomes in the region. Aster DM Healthcare continues to grow its presence in Bengaluru.
Will your hospital bills fall with new IRDAI move? Know how policyholders will be impacted with the formation of this new panel
Policyholders facing rising premiums, slow claims, and opaque hospital pricing will soon see changes. IRDAI's new sub-committee aims to simplify health insurance, boost transparency, and improve claim processing. Key focus areas include streamlining digital systems, controlling fraud, and enhancing coordination between private and public health schemes for a better consumer experience.
Saudi Arabia raises Hajj hospitality penalties, tightens compliance rules
Saudi Arabia has implemented stricter penalties for hospitality providers in Mecca and Medina during Hajj to enhance pilgrim services. Repeat violations will now incur higher fines, potential closures, and license cancellations, with penalties escalating based on offense frequency and business size. These measures aim to ensure better standards for pilgrims during the peak season.
Asha Bhosle health update: PM Modi 'deeply concerned' after legendary singer admitted to hospital. Granddaughter Zanai clarifies what happened to her
Iconic vocalist Asha Bhosle is currently receiving care at Breach Candy Hospital. Early news led to some worry, but her granddaughter has been reassured that she's being treated for mere exhaustion and a mild chest infection. Prime Minister Narendra Modi has expressed his hopes for her quick recovery. Read on!
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