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EIH Limited, the flagship company of The Oberoi Group announced the signing of a management agreement for an Oberoi luxury resort at the Makaibari Tea Estate in Darjeeling on Monday. One of the world's oldest and most storied tea estates, established in 1859, Makaibari is celebrated for its dramatic Himalayan vistas, lush primary forests and rare biodiversity. The 1,236 acres (500-hectare) estate includes one of the world's oldest functioning tea factories - constructed entirely of wood, bamboo ...Read More >
NEW DELHI: Darjeeling's Makaibari Tea Estate will have an Oberoi hotel by 2030. EIH Ltd, parent company of Oberoi, Monday announced signing of a management agreement for a luxury resort at one of the world's oldest and most storied tea estates that was established in 1859. The 1,236 acres (500-hectare) estate includes one of the world's oldest functioning tea factories - constructed entirely of wood, bamboo and cast iron.This is part of EIH's robust expansion plan, with a development pipeline of ...Read More >

Hyderabad: BRS senior leader T Harish Rao on Wednesday strongly condemned Chief Minister Revanth Reddy's "baseless and misleading" statements regarding irrigation and water rights in Telangana. Harish Rao accused Revanth Reddy and his Congress government of "mortgaging Telangana's rightful share of water resources and attempting to mislead people with fabricated data and staged presentations." Expressing outrage over the Chief Minister's closed-door meeting with Congress legislators at Praja Bh ...Read More >
NEW DELHI: National Investigation Agency Wednesday filed the first supplementary chargesheet against Mumbai attacks accused Tahawwur Hussain Rana in the larger conspiracy case, citing additional evidence collected by its sleuths on his role as a facilitator of co-accused David Headley's multiple trips to India for reconnaissance of 26/11 targets on directions of Pakistan-based Lashkar-e-Taiba masterminds.After the supplementary chargesheet against Rana - extradited from US in April this year - w ...Read More >

Mumbai: Leela Palaces, Hotels and Resorts' ₹3,500 crore initial public offering (IPO)--the largest ever in Indian hospitality--is testing investor appetite for luxury tourism stocks amid a tepid primary market. The listing will expand the roster of publicly traded luxury hotel chains beyond Indian Hotels Company, which runs the Taj brand, and EIH Ltd, the parent of Oberoi Hotels. The offer includes a fresh issue of shares worth ₹2,500 crore and a ₹1,000 crore offer for sale by its New York-base ...Read More >
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