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With the opening of this hotel, it presently operates 56 hotels including managed properties across 33 cities in India.

Lemon Tree shares rallied 2 percent intraday on May 7 after opening a Red Fox Hotel in Rajasthan.


The stock was trading at Rs 73.50, up 0.82 percent on the BSE, at 11:58 hours IST.

The mid-priced hotel sector chain informed exchanges that it opened a hotel under brand name Red Fox Hotel which is located at Alwar, Rajasthan.

"This is our second managed hotel in Alwar, Rajasthan," the company said, adding the hotel has 49 rooms with a conference facility, multi-cuisine coffee shop, bar, fitness center, etc.


With the opening of this hotel, it presently operates 56 hotels including managed properties across 33 cities in India

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The rupee edged 2 paise higher to 68.51 against the US dollar in early trade on Tuesday ahead of the Federal Reserve’s policy meet.


Besides the greenback’s weakness against some currencies overseas, increased selling of the American currency by exporters as well as banks supported the rupee, forex dealers said. A higher opening in the domestic equity market influenced the currency’s movement, they added.

On Monday, the domestic unit had surged by 57 paise to close at an over seven-month high of 68.53 against the US dollar, also marking a sixth straight session of gains, driven by sustained foreign fund inflows and narrowing trade deficit. On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 1,823 crore, while domestic institutional investors (DIIs) sold shares worth Rs 1,269 crore Monday, provisional data showed.

Meanwhile, the benchmark BSE Sensex rose 83.10 points, or 0.22 percent, to 38,178.17 in early trade.

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The rupee appreciated 17 paise to 68.93 against the US dollar in opening trade on Monday is driven by weakening greenback in overseas markets and sustained foreign inflows. Besides, narrowing country’s trade deficit and selling of the American currency by exporters supported the domestic currency


The marginal 2.44 percent increase in exports, as well as lower imports of gold and petroleum products in February, significantly narrowed the country’s trade deficit to USD 9.6 billion, according to data released by the commerce ministry on Friday.

Extending its gains for the sixth session, the rupee opened higher at 68.92 at the interbank forex market and gained further ground to touch 68.87. However, it pared some gains and was quoting 17 paise higher at 68.93 at 0920 hours. The rupee on Friday had jumped 24 paise to close at 69.10 against the US dollar on sustained foreign fund inflows and heavy buying in domestic equities.

Meanwhile, foreign institutional investors (FIIs) remained net buyers in the capital market, putting in Rs 4,323.49 crore on a net basis Friday, as per provisional data. Meanwhile, the benchmark BSE Sensex was trading higher by 232.31 points, or 0.61 percent, at 38,256.63.

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Move to restructure group companies-

Tata Realty and Infrastructure (TRIL) will acquire Tata Sons’ stake in Tata Housing (THL) for about ₹3,000 crore. Both TRIL and Tata Housing are 100 percent subsidiaries of Tata Sons. The two real estate firms were competing for projects in the same cities in the past, which is a factor behind the integration.

This is part of Tata Sons’ overall plans to restructure group companies to streamline the internal shareholding structure and businesses.

Rights issue

To raise funds for the real estate deal, TRIL will first come up with a rights issue, which will be subscribed by Tata Sons. TRIL will then pick up Tata Sons’ stake in Tata Housing. A Tata Sons spokesperson did not comment on the restructuring.

The plan is to integrate TRIL’s commercial real estate division with Tata Housing’s residential business. Both TRIL and Tata Housing have overlapping business interests due to planned residential projects in Delhi, Pune, and other cities.

Tata Housing’s project portfolio mainly comprises a housing in various income group segments, ranging from low-cost to premium/luxury projects. These are spread across metros and tier-I cities, including Mumbai, Delhi NCR, Bengaluru, Kolkata, Chennai, and Pune.

Going forward, Tata Housing plans to focus only on premium and luxury projects, while low-cost and affordable projects will be undertaken by its wholly-owned subsidiary Tata Value Homes.

Henceforth, all of TRIL’s housing projects would be implemented by Tata Housing. TRIL will focus on large mixed-development retail or commercial developments along with its current portfolio of special economic zones, logistics parks, airports and road, and highway projects.

Tata Group may also look to monetize the real estate and infrastructure assets for which the integration was even more important. It may look at listing a public real estate investment trust (REIT) or a private REIT in which an institutional investor may acquire a strategic stake. A REIT is an entity that owns, operates or finances income-producing real estate.

According to information available with the Registrar of Companies, Tata Housing had a loss of ₹81 crore in 2016-17, while its revenue from operations stood at ₹727 crore. In the fiscal year 2015-16, the company had posted a net profit of ₹27 crore and revenue of ₹790 crore.

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Titan Company is currently trading at Rs. 1088.50, up by 5.20 points or 0.48% from its previous closing of Rs. 1083.30 on the BSE.


The scrip opened at Rs. 1090.80 and has touched a high and low of Rs. 1092.50 and Rs. 1083.50 respectively. So far 11276 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1096.25 on 12-Mar-2019 and a 52 week low of Rs. 731.70 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1096.25 and Rs. 1037.85 respectively. The current market cap of the company is Rs. 96173.87 crore.

The promoters holding in the company stood at 52.91%, while Institutions and Non-Institutions held 26.81% and 20.29% respectively.

Titan Company has entered into an alliance with FTS USA LLC to assist the American watchmaker in setting up an assembly unit in the US. According to the deal, the company will extend its support to FTS by supplying quartz movement kits and training US engineers.

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags, and belts.

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दोनों टेलीकॉम कंपनियों में ग्राहकों को लेकर छिड़ी है जंग


टेलीकॉम क्षेत्र की प्रमुख कंपनी, भारती एयरटेल, नेटल इंफ्रास्ट्रकचर इनवेस्टमेंट्स को करीब 32 फीसदी हिस्सेदारी बेचकर भारती इंफ्राटेल में अपनी 18.3 फीसदी हिस्सेदारी घटाएगी। इंफ्राटेल ने एक नियामकीय फाइलिंग में मंगलवार को इस बात की जानकारी दी। नियामकीय फाइलिंग में कहा गया है कि भारती एयरटेल के पूर्ण स्वामित्व वाली सहायक कंपनी नेटल इंफ्रास्ट्रकचर की इंफ्राटेल में 3.2 फीसदी की हिस्सेदारी है। इस हस्तांतरण के बाद इसकी हिस्सेदारी बढ़कर 35.2 फीसदी हो जाएगी। 

18 मार्च के बाद होगा सौदा

भारती एयरटेल की वर्तमान में टेलीकॉम टॉवर कंपनी में 50.3 फीसदी की हिस्सेदारी है। इंफ्राटेल के मुताबिक, यह अधिग्रहण 18 मार्च को या उसके बाद होगा। सौदे के लिए शेयरों की कीमत अधिग्रहण के वक्त पर होने वाले बाजार मूल्य पर या उसके आस-पास होगी। बाजार विशेषज्ञों का कहना है कि हिस्सेदारी के इस हस्तांतरण से तीसरे पक्ष के शेयरों की बिक्री होगी और भारतीय एयरटेल को पैसे जुटाने में मदद मिलेगी।

भारती एयरटेल के शेयरों में 5.12 फीसदी की बढ़त

घोषणा के परिणास्वरूप, भारती एयरटेल के शेयरों में दिनभर के कारोबार के बाद 5.12 फीसदी की बढ़त के साथ बंद हुए। भारती एयरटेल के शेयर 350.80 रुपए प्रति शेयर के साथ बंद हुए। पिछले दिन के मुकाबले भारती एयरटेल के शेयर 17.10 रुपए ज्यादा पर बंद हुए। हालांकि, इस घोषणा के बाद भारती इंफ्राटेल के शेयर 0.72 फीसदी की गिरावट के बाद 317.05 रुपए प्रति शेयर पर बंद हुए। दिनभर के कारोबार में भारती इंफ्राटेल ने 322.55 का उच्चतम स्तर छुआ।

जियो से मुकाबले के लिए हो सकता है धन का इस्तेमाल

टेलीकॉम सेक्टर से जुड़े लोगों का कहना है कि मौजूदा समय में इस सेक्टर रिलायंस जियो और भारती एयरटेल कड़ा मुकाबला चल रहा है। दोनों ही कंपनियां ग्राहक संख्या बढ़ाने के लिए नए-नए ऑफर लेकर आ रही हैं। विशेषज्ञों का मानना है कि इस सौदे से आने वाली धनराशि का भारती एयरटेल जियो से मुकाबले के लिए इस्तेमाल कर सकती है। 

शेयर बाजार समाचार और शेयर के उतार चढ़ाव तथा इन्वेस्टमेंट के लिए विसिट करे हमारे ब्लॉग पर और पाए अपडेट न्यूज़ और हमारी बेस्ट सर्विसेज देखने के लिए क्लिक करे - Stock Cash Trading Tips
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