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IndiGo refuses to comment on reports of buying majority stake in Go First

By TBM Staff - Mumbai Friday, 9 June 2023, 8:28 AM 843

Reacting to reports of buying mjority stake in crisis-hit Go First, IndiGo said it cannot comment on the rumours. It has been reported that IndiGo will be merging its operations with the debt-ridden carrier, which had sought initiation of voluntary insolvency proceedings and imposition of an interim moratorium under the Insolvency and Bankruptcy Code (IBC) […]Continue Reading

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Sayaji Hotels Limited announces strategic partnership with a majority stake in Intellistay Hotels

By TBM Staff - Hyderabad Tuesday, 23 November 2021, 4:56 PM 1501

Sayaji Hotels Ltd. announced a strategic partnership with a majority stake in Intellistay Hotels, an integrated asset-light hotel management company with a unique collection of 5 distinctive brands namely Apodis Collection, Mango Suites, Mango Select, Mango Hotels and i-Stay Hotels. The partnership will add 27 Hotels in 15 cities to Sayaji Hotels’ current collection of Continue Reading