Decoding the Indian wedding business
With over 80 lakh weddings in 2023, ₹10.5 lakh crore or $130 billion Indian wedding industry was the second biggest in the world.
With over 80 lakh weddings in 2023, ₹10.5 lakh crore or $130 billion Indian wedding industry was the second biggest in the world.
Hospitality players create Insta-friendly moments and personalised experiences rooted in culture to woo the young.
Branded and boutique hospitality players look at spreading their wings amid rising room tariffs and occupancy rates.
ICRA expects premium hotel occupancy at around 70-72% in FY24, after recovering to 68-70% in FY23.
The FMCG heavyweight became the 11th BSE-listed entity to touch ₹5 lakh crore mark after shares scaled a new all-time high of ₹402.60 in intraday trade.
One can experience a slow, immersive voyage across `Hidden Dubai’, a part of the city that only locals know about.
The cigarette-to-hotel conglomerate is expected to report double-digit growth in its net profit for Q4 FY23, aided by cigarettes and FMCG businesses.
While operating profitability is expected to check in at 6-7%, revenue should drive past 90% of pre-pandemic levels, says CRISIL.
The regulator has slapped a fine of ₹223.48 crore on MakeMyTrip-Goibibo (MMT-Go) and ₹168.88 crore on OYO (Oravel Stays Limited) for indulging in anti-competitive conduct.
The increase has been done on account of the severe disruptions caused by the Covid-19 pandemic on hospitality and related enterprises.