corporate restructuring

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    Strategic Reorganization: Fleur Hotels Expansion with Warburg Pincus

    New Delhi, April 7 The Competition Commission of India (CCI), the regulator for fair trade, approved Warburg Pincus' proposal to acquire a stake in Fleur Hotels Ltd, a subsidiary of Lemon Tree Hotels, on Tuesday.The approval came after Lemon Tree Hotels announced in January 2026 that its board...
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    Campbell Wilson Announces Resignation, Focus on Air India's Future

    Mumbai, April 7 Air India CEO and Managing Director Campbell Wilson told staff on Tuesday that it was the right time to hand over the reins for the airline's next phase of growth.Wilson, who has decided to resign, has been at the helm for four years since mid-2022 and will remain with the...
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    Thomas Cook to Split Resorts into Sterling Holidays

    New Delhi, March 20 Thomas Cook India Limited announced on Friday that it will separate its resorts and resort management business into Sterling Holiday Resorts Limited (SHRL), paving the way for the future listing of the company's wholly-owned subsidiary.The Board of Thomas Cook (India)...
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    Ambani's Mumbai Property Linked to Loan Fraud Investigation

    New Delhi, February 25 The Enforcement Directorate said on Wednesday that it has attached Reliance Group Chairman Anil Ambani's Mumbai house, "Abode," worth Rs 3,716 crore, under the anti-money laundering law.The attachment comes a day before Ambani, 66, is expected to appear before the...
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