Oberoi Group

EIH unveils expansion plan with 20 properties, including a Nile cruiser

The company also outlined a robust expansion plan, with a pipeline of 20 properties to be completed by 2029. This includes 17 hotels, two luxury boats, and a Nile cruiser

Oberoi family dispute: HC permits Anastasia Oberoi to attend November 5 AGM

The high court had earlier temporarily restrained the transfer of shares in EIH Ltd and EIH's holding companies, Oberoi Hotels Private Limited and Oberoi Properties Private

Oberoi Group exits UAE market, ends partnership with Al Zorah Resort

The management contract between EIH Holdings Ltd, a subsidiary of EIH Ltd, and Al Zorah Development Private Co Ltd will officially end on February 28, 2025

FIR filed against IREO Group, Oberoi Realty MDs for fraud in Gurugram

An FIR was registered against nine people, including IREO Group Managing Director Lalit Goyal and Oberoi Realty Limited Chairman and Managing Director Vikas Oberoi, under various sections of cheating, criminal breach of trust and forgery, police said on Sunday. The FIR was filed on the orders of the Chief Judicial Magistrate at the DLF phase 2 police station on Friday following a complaint lodged by Advance India Projects Limited (AIPL), citing allegations of cheating, criminal breach of trust and forgery against the accused, the police said. According to the FIR, IREO and Oberoi -- both realty groups -- are accused of conspiring to defraud allottees who had invested funds since 2013, thus not only deceiving investors but also defrauding the AIPL Group. In its complaint, AIPL claimed that IREO Group embezzled approximately Rs 1,777 crore and sent it out of the country, adding that about Rs 1,376 crore was recovered as advances from the allottees. AIPL alleged that IREO collected Rs

Demand-supply imbalance will help ARR growth, says Vikram Oberoi

The group plans to open two new hotels - The Oberoi Rajgarh with 65 keys and The Oberoi Vindyavilas wildlife resort in the Bandhavgarh region of Madhya Pradesh - in the ongoing financial year

Strong prospects fully priced in for real estate firm Oberoi Realty stock

The revenue increased 37 per cent Y-o-Y to Rs 1,310 crore in Q4FY24 and Ebitda was at Rs 790 crore, up 114 per cent Y-o-Y with the margin increasing sharply to 60 per cent

Luxury hospitality giant Oberoi Group launches residential suites in Mumbai

Designed by Architectural Discipline, the new suites combine residential ambience with contemporary aesthetics

Weaker than expected bookings in Q3, valuations to weigh on Oberoi Realty

While this was up 25 per cent as compared to the year-ago quarter, it was down 18 per cent on a sequential basis despite a new launch

Stocks to Watch today: Zee, Cipla, MRPL, Axis Bank, Medi Assist, JSW Group

Stocks to watch on Tuesday, January 23, 2024: Zee Entertainment in focus as Sony India calls-off merger; Axis Bank, Havells, JSW Energy, L&T Housing Finance, RECL and Tata Elxsi to Q3 results today.

Epitaph of a school of entrepreneurship

Four businessmen who died this year might have done things differently from today's founders

TMS Ep570: Indian startup funding, Oberoi Group, Gold financiers, Governors

Who are the new saviours of Indian startups? What comes next for the Oberoi Group? Has the rally in shares of gold financiers run its course? What powers do state governors hold in India?

Oberoi Realty flying high on new launches; brokerage bullish on the stock

Analysts expect the company to maintain its growth momentum and continue to deliver strong earnings growth with new project launches

PRS Oberoi, doyen of Indian hospitality passes away at the age of 94

Chairman Emeritus of The Oberoi Group Prithvi Raj Singh Oberoi, widely known as the doyen of Indian hospitality, passed away on Tuesday, leaving behind a rich legacy. "It is with deep sadness that we inform the peaceful passing of PRS Oberoi, Chairman Emeritus of The Oberoi Group, earlier today," a statement said. A luminary in the hospitality industry, Oberoi's legacy transcends borders, leaving an indelible mark on the global landscape, it added. PRS Oberoi received numerous awards and accolades, amongst the most noteworthy the Padma Vibhushan, in recognition of his exceptional contribution to the country in tourism and hospitality. He was also honoured with the Lifetime Achievement Award at ILTM ( International Luxury Travel Market), recognizing his exceptional leadership and vision. PRS Oberoi was presented with the 'Corporate Hotelier of the World' award by HOTELS magazine USA. The 6th International Hotels Investment Forum in Berlin honoured him with the prestigious Lifetime

'Biki' Oberoi: Hotelier extraordinaire

To convert these concepts into practice, Biki introduced a 'transformation programme' into the existing hotels in the Group

Who was Biki Oberoi, the man who set high standards in hospitality industry

Born in 1929, Biki Oberoi was the executive chairman of EIH Limited, the flagship company of the Oberoi Group, from 2002 to 2022

PRS Oberoi, pioneer of Indian hospitality industry, passes away at 94

In 2008, Oberoi was awarded the Padma Vibhushan, India's second-highest civilian honour for his contributions to the hospitality industry

EIH hits 52-week high as promoter Oberoi Group partners Reliance Industries

Reliance Industries and The Oberoi Hotels and Resorts will jointly manage three properties across India and the UK

EIH consolidated net profit rises to Rs 151 crore in December quarter

Hospitality firm EIH Ltd, a part of the Oberoi group, on Friday reported an over three-fold rise in consolidated net profit at Rs 151.08 crore in the December quarter, on the back of higher revenue. The company had posted a consolidated net profit of Rs 41.85 crore in the same quarter a year ago, EIH Ltd said in a regulatory filing. Consolidated revenue from operations during the period under review stood at Rs 586.41 crore as compared to Rs 360.12 crore in the corresponding period last fiscal. Total expenses were higher at Rs 415.99 crore, up from Rs 313.87 crore in the third quarter last fiscal, the company said.

Oberoi group's EIH Associated Hotels back in black with PAT at Rs 5.68 cr

Oberoi group firm EIH Associated Hotels Ltd on Tuesday reported a profit after tax of Rs 5.68 crore in the first quarter ended June 30, 2022

Oberoi Realty Q1 sales booking jumps manifold to Rs 752 crore in June

In terms of volume, Oberoi Realty's sales bookings stood at 4,01,182 square feet in April-June 2022 as compared to 92,128 square feet in the year-ago period