The average daily rates (ADR) for premium hotels in India witnessed a substantial rise during the first eleven months of FY24.
Indian Hotels, RailTel, Dr Lal PathLabs, Torrent Power, and Lupin will be in focus due to various news developments. RailTel receives Rs 352 cr order from BMC. Adani Group plans to invest more than Rs 1.2 lakh crore. Indian Hotels to increase number of skill training centers. Dr Lal PathLabs appoints Shankha Banerjee as CEO. KPI Green wins 100 MWAC solar power project. Torrent Power gets letter of award for wind solar hybrid projects. Zydus Life receives US FDA approval. Drone Acharya secures contract for Indian Army. JSW Energy receives letter of awards for wind capacity. Lupin’s Aurangabad unit inspected by US FDA. HAL wins Rs 2,890 cr order for aircraft upgrade. SJVN receives letter of intent for solar project.
