IHCL adds 20 hotels, signs 47 in first half of FY27; portfolio reaches 670

Indian Hotels aims to achieve its 700-hotel target under Accelerate 2030 ahead of schedule

Indian Hotels aims to achieve its 700-hotel target under Accelerate 2030 ahead of schedule

IREDA’s loan will partly fund Vikran Engineering’s subsidiary’s ₹4,202 crore solar project across 152 Maharashtra locations, with the balance coming from other sources.

Crude oil prices near $107 a barrel, rising geopolitical tensions and India’s retail inflation hitting a 23-month high could weigh on market sentiment. Investors will also track HCLTech’s better-than-expected Q2 results, RBL Bank’s healthy numbers and global market cues on…

From RBL Bank, HCL Tech and others reporting their Q2FY results to IHCL signing 47 hotels and opening 20 in the first half of FY2027; these are stocks to track ahead of Tuesday trading session.

Indian Gas Exchange’s IPO will be entirely an offer for sale by Indian Energy Exchange, which holds over 47% of the company. IGX will receive no proceeds from the issue, as IEX looks to reduce its stake to 25%.

Lakshmi Venu and Mallika Srinivasan stated that no economic ownership settlement or asset split has been reached within the Venu Srinivasan family, countering claims regarding the 2024 TVS family MoU.

FIIs purchased equities worth ₹12,583.21 crore and sold ₹14,291.69 crore during the session. DIIs bought equities worth ₹15,506.73 crore and sold ₹12,461.71 crore.

Indian Overseas Bank has raised lending benchmarks by 5 basis points across six tenors from October 15, potentially increasing borrowing costs on linked loans.

HCLTech reported a net profit of ₹5,132 crore in Q2 FY27, up 11% quarter-on-quarter, beating the CNBC-TV18 poll estimate of ₹4,963 crore. Revenue rose 3% sequentially to ₹35,620 crore, while EBIT margin expanded 131 basis points to 18.2%.

Standard Chartered Bank and DBS Bank acted as the joint mandated lead arrangers and bookrunners for the transaction, which secured participation from 10 financial institutions across Asia and the Middle East and Africa.