Indian Hotels | Business Upturn

Top Stocks For Trade Today, May 12: ONGC, Oil India, Indian Hotels, Groww, Anant Raj, Paradeep Phosphates and more

Aman Shukla — Tue, 12 May 2026 03:16:48 +0000

Indian stock markets are expected to track a busy earnings and corporate announcements calendar on May 12, with several companies reporting quarterly results, order wins, margin changes, and strategic developments. Stocks likely to remain in focus include ONGC, Oil India, Indian Hotels, Syrma SGS, JBM Auto, Afcons Infrastructure, HFCL, Paradeep Phosphates, JSW Energy, Groww and others.

ONGC, Oil India

Oil and gas producers ONGC and Oil India will remain in focus after the government reduced effective royalty rates on oil and gas production. The development is expected to impact upstream energy companies.

Indian Hotels

Indian Hotels reported a 13.5% rise in EBITDA and said it expects double-digit revenue growth in FY27. The hospitality company’s commentary on future growth outlook will be tracked by investors.

Syrma SGS

Syrma SGS posted Q4 results above estimates, with revenue rising 59% year-on-year.

JBM Auto

JBM Auto reported a 20% increase in EBITDA, while margin improved to 12.8% from 11.97% in the corresponding period last year.

Afcons Infrastructure

Afcons Infrastructure said it has emerged as the lowest bidder for a project worth ₹7,544 crore.

HFCL

HFCL secured export orders worth ₹184 crore from international customers.

Paradeep Phosphates

Paradeep Phosphates reported a 15.4% rise in EBITDA, while revenue increased 12% year-on-year.

HG Infra

HG Infra received an order worth ₹3,931.11 crore for a six-lane highway corridor project.

Fractal Analytics

Fractal Analytics reported a 47 basis points year-on-year increase in gross margin, while EBITD rose 40.2% quarter-on-quarter.

Nuvama

Nuvama’s wealth management business revenue increased 12.65% quarter-on-quarter, while net profit rose 6% sequentially.

Anant Raj

Anant Raj posted a 17.6% increase in EBITDA, while net profit rose 23.6% year-on-year.

Abbott India

Abbott India reported margin expansion to 28% from 26.7%, while EBITDA increased 12.2% year-on-year.

Butterfly Gandhi

Butterfly Gandhi reported a 19.6% rise in EBITDA. Margin improved to 8.94% from 8.71% in the year-ago period.

GE Power India

GE Power India reported positive EBITDA, while revenue increased 19% year-on-year.

Voltas

Voltas said bank guarantees worth ₹433.6 crore will be returned to the company in a case involving the joint venture of OHL International.

Vascon Engineers

Vascon Engineers reported a 61% decline in EBITDA, while margin fell to 6% from 11% year-on-year.

JSW Energy

JSW Energy reported an 8.8% decline in profit, with Q4 performance remaining muted compared to estimates.

Heritage Foods

Heritage Foods reported a 34.6% decline in EBITDA, while margin narrowed to 4.5% from 7.6% year-on-year.

JB Chemicals & Pharmaceuticals

JB Chemicals reported an 11.2% decline in EBITDA, while margin fell to 22.2% from 23.9% in the year-ago period.

The New India Assurance

The New India Assurance reported a combined ratio of 118.34 compared to 111.46 earlier, while gross written premium rose 1.63% year-on-year.

Groww

Online investment platform Groww will remain in focus after PE and VC investors planned to sell a 4.3% stake worth ₹4,750 crore through block deals. The floor price is reportedly set at an 8.5% discount to the current market price.

G R Infraprojects

G R Infraprojects reported margin contraction to 14.7% from 24%, while EBITDA declined 32.4% year-on-year.

Stocks for trade today: Bharat Forge, Balkrishna Industries, Waaree Energies, Raymond Lifestyle, LT Foods, Avalon Technologies to benefit from US–India trade deal

News Desk — Tue, 03 Feb 2026 02:47:17 +0000

Export-oriented stocks are in focus for trade today as markets assess beneficiaries from the US–India trade deal, with several companies having meaningful revenue exposure to the US market.

Among auto and industrial names, Bharat Forge derives around 22% of its revenues from the US, while Balkrishna Industries has approximately 14% exposure. Sona Comstar, with close to 28% of revenues from the US, and Waaree Energies, which generates about 20% of its revenues from the region, are also in focus.

The textiles sector stands out as a key beneficiary, with companies such as Indo Count, Welspun, Gokaldas Exports, KPR Mills, Pearl Global, and SP Apparels having US revenue exposure ranging from 20% to as high as 90%.

In chemicals, Atul, Vinati Organics, Navin Fluorine, and Gujarat Fluorochemicals generate between 30% and 40% of their revenues from the US market, placing them among stocks to watch.

Other export-heavy names include Raymond Lifestyle, which derives around 50% of its revenues from the US, LT Foods with approximately 41% exposure, and Avalon Technologies, which earns close to 57% of its revenues from the US.

Separately, select midcap stocks that have seen sharp recent sell-offs are also on traders’ radar for potential renewed interest, including Dixon Technologies, Kalyan Jewellers, Indian Hotels, Angel One, and Bandhan Bank.

Disclaimer: This article does not constitute investment advice or recommendations, and the stocks mentioned are highlighted only for informational purposes.

Top stocks to watch today, August 12: Indian Hotels, Bata India, Ashoka Buildcon, Tilaknagar Industries, Inox Green and more

Aman Shukla — Tue, 12 Aug 2025 02:53:34 +0000

Several companies are set to draw investor attention today with important earnings reports, corporate announcements, and strategic updates. Here’s the list of the leading stocks to keep an eye on for Tuesday, August 12.

Indian Hotels to acquire 51% stake in entities with midscale Clarks hotels for up to ₹204 crore.
Tilaknagar Industries reports multi-year high margins, with EBITDA up 89% YoY.
Awfis Space shows EBITDA growth of 60.50%, margins rise to 37.80% from 30.60% YoY.
Sansera Engineering records 4% increase in EBITDA and 25.50% rise in net profit YoY.
Dollar Industries posts EBITDA up 19.50% and net profit up 39% YoY.
Man Industries reports EBITDA growth of 28%, margins improve to 6.6% from 5.1% YoY.
Krsnaa Diagnostics EBITDA up 21%, margins at 26.4% vs 24.8% YoY.
Pfizer launches 20-valent Pneumococcal Polysaccharide Conjugate Vaccine for adults in India.
Som Distilleries posts 9% increase in EBITDA, margins at 13.3% vs 12.5% YoY.
Inox Green Energy signs agreement for O&M of 182 MW wind projects.
Ashoka Buildcon standalone EBITDA up 4%, margins at 11.30% vs 7.60% YoY.
Time Technoplast board approves bonus issue of 1 share for every share held; EBITDA up 12% YoY.
Belrise Industries reports EBITDA up 17%, revenue rises 27% YoY.
Rainbow Children’s Medicare to acquire 76% stake in Guwahati hospital for ₹171 crore.
Hindalco Industries Novelis EBITDA per tonne below estimates; adjusted EBITDA down 17% YoY.
Dr. Reddy’s Labs and Aurobindo Pharma receive US FDA approval for generic sucrose iron; considered a lost opportunity.
Cello World reports 6% decline in EBITDA; margins drop to 24% from 27% YoY.
Bata India revenue down 0.3%, EBITDA supported by lower other expenses.
Apex Frozen Foods EBITDA up 43%, revenue rises 40% YoY.
Medi Assist Bessemer likely to sell entire 15.7% stake via block deals at 4% discount to CMP.
Astral Poly Technik margins decline by 191 basis points; EBITDA down 14% YoY.
Titagarh Rail Systems lower revenue growth due to weak freight railway segment.
Praj Industries EBITDA down 66%, margins at 4.9% vs 13.2% YoY.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Why are Indian Hotels share price down over 5% despite 30% YoY jump in Q4 profit

Aditya Bhagchandani — Tue, 06 May 2025 07:57:53 +0000

Shares of Indian Hotels Company Ltd dropped 5.32% to ₹759.15 in Monday’s session, despite the company posting a 30.4% year-on-year rise in standalone net profit to ₹481.2 crore for Q4FY25. The sharp fall comes as investors reacted to brokerage assessments and cautious future guidance.

Revenue from operations rose 10% YoY to ₹1,476.33 crore, while consolidated net profit grew 25% YoY to ₹522.3 crore. EBITDA also climbed 30% YoY to ₹918 crore with a margin expansion to 36.9%. The company declared a dividend of ₹2.25 per share.

However, brokerage firm Macquarie maintained its ‘Neutral’ rating while cutting the target price from ₹840 to ₹820. It termed the quarter a “mixed bag”—highlighting a revenue beat but an EBITDA miss. Macquarie also flagged concerns over the management’s downward revision in the FY26/27 development pipeline by 10%, which could impact expansion momentum.

Jefferies retained its ‘Buy’ call but lowered its target to ₹980 from ₹1,000, citing modest near-term adjustments. The brokerage expects EBITDA and PAT CAGR of 16–18% through FY28, driven by strong occupancy, pricing strength in metro cities, and continued focus on an asset-light growth strategy.

Despite strong results and positive long-term outlooks, the stock faced profit-booking pressures, weighed down by reduced near-term optimism from analysts.

IndiGo, Indian Hotels shares gain HSBC backing; SpiceJet remains under pressure

News Desk — Thu, 17 Apr 2025 03:09:16 +0000

Global brokerage HSBC has reiterated its positive stance on the Indian travel and hotel sector, highlighting strong performance in Q4FY25 and a stable outlook going forward. The firm expects the segment to continue benefiting from favorable demand-supply dynamics and seasonal tailwinds.

HSBC said the sector enjoyed exceptionally strong trading in Q4, aided by events like the Maha Kumbh and tight hotel room supply across key locations. Looking beyond Q4, the brokerage does not foresee any major headwinds for the hotel industry.

Among stocks, HSBC maintained a ‘Buy’ rating on InterGlobe Aviation (IndiGo) and raised its target price to ₹5,975 per share, citing resilience in yields and relief from softer oil prices, which could help mitigate rising cost pressures.

Similarly, it retained a ‘Buy’ call on Indian Hotels, lifting the target price to ₹944 per share, supported by continued strength in room demand, limited new supply, and robust operational metrics.

However, SpiceJet shares remain under pressure, with HSBC maintaining a ‘Reduce’ rating and a target price of ₹25.10 per share, citing rising uncertainty surrounding the airline’s operations and financial health.

HSBC believes the travel & leisure sector remains structurally strong and well-positioned to navigate short-term volatility, particularly in the premium and organised segments.

Disclaimer: This article is based on HSBC’s research note and does not represent the views of the author or the publication. Investors are advised to consult a certified financial advisor before making any investment decisions.

Stocks to watch today: Wipro, Zydus, Lupin, KEI, L&T, Bharti Airtel, IndiGo shares in focus on brokerage actions

News Desk — Thu, 17 Apr 2025 02:46:17 +0000

Multiple brokerages have released fresh views on key Indian stocks following earnings announcements and sectoral developments. Stocks from the pharma, IT, telecom, industrials, and travel sectors will remain in focus today based on these reports.

Wipro share price under pressure as brokerages slash targets

Wipro shares are likely to react negatively after brokerages flagged macro concerns and weak FY26 guidance. Nomura maintained a Buy call but cut the target price to ₹280 per share, citing mixed Q4 results and demand slowdown. Morgan Stanley retained its Underweight rating with a revised target of ₹265 per share. The brokerage highlighted that IT services revenue declined 0.8% QoQ and that margin performance missed estimates. Bernstein remained the most bearish with an Underperform rating and a target of ₹200 per share, pointing to weak revenue guidance and global uncertainty weighing on IT spends.

Zydus Lifesciences, Lupin shares slide after court ruling; Nomura sees litigation risk

Zydus Lifesciences and Lupin shares corrected 7% and 4% respectively following a recent court decision that could impact earnings and potential payouts. Nomura noted that the legal outcome may affect near-term profitability but sees a strong possibility of generics prevailing eventually. However, a restraining order or injunction could drag FY26 earnings per share by 9.6% for Zydus and 6.7% for Lupin.

KEI Industries share upgraded; L&T share downgraded by Goldman Sachs

Goldman Sachs upgraded KEI Industries to Buy from Neutral and raised its target price to ₹2,980 per share, citing favorable margin trends and strong growth outlook. On the other hand, the brokerage downgraded L&T shares to Neutral with a target of ₹3,330 per share, highlighting risks from tariff uncertainty and possible delays in new capex cycles.

Bharti Airtel share top pick in telecom; Bernstein stays bullish

Bharti Airtel shares continue to outperform, gaining 10.1% year-to-date, and remain Bernstein’s top pick in the telecom sector. The brokerage said Indian telecom stocks have been the most defensive amid broader market volatility. Indus Towers shares have also gained 8.6% YTD. Bernstein expects a potential tariff hike to enhance revenue visibility and support valuations in the near term.

IndiGo, Indian Hotels shares get target hikes; SpiceJet share remains under pressure

HSBC remains bullish on the travel and hospitality segment, driven by strong trading conditions in Q4. The brokerage maintained a Buy call on InterGlobe Aviation (IndiGo), raising the target price to ₹5,975 per share, and on Indian Hotels, with the target lifted to ₹944 per share. However, HSBC retained a Reduce rating on SpiceJet shares with a target of ₹25.10 per share, citing continued operational uncertainty in the airline’s business.

Aditya Birla Fashion, Vedant Fashions shares see rating changes

Morgan Stanley upgraded Aditya Birla Fashion shares to Equal-weight from Underweight and set a target of ₹269 per share, while Vedant Fashions was downgraded to Equal-weight with a revised target of ₹850 per share. The brokerage prefers stocks with strong moats and backed disruptors such as Trent and Jubilant FoodWorks in the discretionary retail space.

Disclaimer: The above brokerage views are for informational purposes only and do not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.

Q3FY25 Results on January 17, 2025: ICICI Lombard, Indian Hotels, Jio Financial, SBI Life and more

Aditya Bhagchandani — Fri, 17 Jan 2025 03:04:26 +0000

Key companies scheduled to announce their Q3 FY25 earnings today include Aether Industries, CE Water, Ganesh Housing, ICICI Lombard (ICICIGI), Indian Hotels (INDHOTEL), Jio Financial (JIOFIN), Mamata Machinery, Rajoo Engineers, Rallis India, Ramkrishna Forgings, Sanathan Textiles, SBI Life Insurance (SBILIFE), Seshasayee Paper, SG Finserv, SPL Petrochemicals, Steel Strips Wheels (SSWL), Sterlite Technologies (STLTECH), Swaraj Engines, Tech Mahindra (TECHM), and Wipro.

ICICI Lombard General Insurance (ICICIGI) is anticipated to report a Net Premium Earned (NPE) of ₹4,876 crore compared to ₹4,304 crore YoY. EBIT is expected at ₹546 crore versus ₹618 crore, with an EBIT margin projected at 9.33% against 12.35%. Net profit is estimated to rise to ₹619 crore from ₹431 crore.

Indian Hotels (INDHOTEL) is forecasted to deliver a revenue of ₹2,429 crore, up from ₹1,963 crore YoY. EBITDA is expected at ₹904 crore compared to ₹732 crore, with an EBITDA margin slightly lower at 37.21% versus 37.29%. Net profit is projected at ₹603 crore, up from ₹452 crore.

SBI Life Insurance (SBILIFE) is expected to post an Annual Premium Equivalent (APE) of ₹6,662 crore, up from ₹6,130 crore YoY. EBIT is likely to decline to ₹501 crore from ₹740 crore, while the EBIT margin is anticipated at 1.95% compared to 1.90%. Net profit is forecasted at ₹418 crore, up from ₹321 crore.

Tech Mahindra (TECHM) is projected to report revenue of ₹13,357 crore, a slight increase from ₹13,313 crore QoQ. EBIT is expected at ₹1,315 crore versus ₹1,281 crore, with the EBIT margin improving to 9.85% from 9.62%. Net profit is estimated to decline to ₹1,042 crore from ₹1,250 crore.

Wipro is anticipated to deliver revenue of ₹22,205 crore, marginally down from ₹22,301 crore QoQ. EBIT is forecasted at ₹3,616 crore compared to ₹3,672 crore, with an EBIT margin of 16.28% versus 16.47%. Net profit is expected at ₹3,070 crore, down from ₹3,208 crore.

Key Earnings Expectations:

ICICI Lombard General Insurance (ICICIGI) (YoY)

Net Premium Earned (NPE): ₹4,876 crore vs ₹4,304 crore
EBIT: ₹546 crore vs ₹618 crore
EBIT Margin: 9.33% vs 12.35%
Net Profit: ₹619 crore vs ₹431 crore

Indian Hotels (INDHOTEL) (YoY)

Revenue: ₹2,429 crore vs ₹1,963 crore
EBITDA: ₹904 crore vs ₹732 crore
EBITDA Margin: 37.21% vs 37.29%
Net Profit: ₹603 crore vs ₹452 crore

SBI Life Insurance (SBILIFE) (YoY)

Annual Premium Equivalent (APE): ₹6,662 crore vs ₹6,130 crore
EBIT: ₹501 crore vs ₹740 crore
EBIT Margin: 1.95% vs 1.90%
Net Profit: ₹418 crore vs ₹321 crore

Tech Mahindra (TECHM) (QoQ)

Revenue: ₹13,357 crore vs ₹13,313 crore
EBIT: ₹1,315 crore vs ₹1,281 crore
EBIT Margin: 9.85% vs 9.62%
Net Profit: ₹1,042 crore vs ₹1,250 crore

Wipro (QoQ)

Revenue: ₹22,205 crore vs ₹22,301 crore
EBIT: ₹3,616 crore vs ₹3,672 crore
EBIT Margin: 16.28% vs 16.47%
Net Profit: ₹3,070 crore vs ₹3,208 crore

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Which stocks are surging today? Check Suzlon, Infosys, TCS, Indian Hotels, and more

Aditya Bhagchandani — Thu, 21 Nov 2024 04:17:12 +0000

Amid the ongoing market session, several stocks are witnessing significant upward momentum. Key players in the energy, IT, and hospitality sectors are leading the charge. Here’s a closer look at the top gainers:

Stocks on the rise today:

Suzlon Energy
Shares of Suzlon Energy surged 4.37%, trading at ₹64.94. The company continues to gain investor confidence with its strong foothold in the renewable energy sector.
Infosys
The IT giant’s stock rose 1.15% to ₹1,845.90. Infosys remains a favorite among investors due to its consistent performance and robust business pipeline.
Indian Hotels
The hospitality major is trading 1.59% higher at ₹766.00, driven by optimistic growth in the travel and tourism sector.
Hindalco
Hindalco shares climbed 0.61%, trading at ₹643.95. The stock’s uptick is attributed to positive sentiment around the metals sector.
HCL Technologies
HCL Tech witnessed a gain of 0.81%, with shares trading at ₹1,835.45. The company’s consistent order wins are boosting market sentiment.
TCS (Tata Consultancy Services)
TCS shares gained 0.75%, trading at ₹4,070.05. The stock remains resilient amid volatile market conditions, backed by its diversified portfolio.
Mankind Pharma
The pharmaceutical company surged 1.47% to ₹2,536.45, benefiting from strong demand in the healthcare sector.
Fortis Healthcare
Shares of Fortis Healthcare were up 2.77%, trading at ₹676.05, driven by positive developments in the healthcare space.
Sundaram Finance
The stock jumped 2.32%, trading at ₹4,182.00, supported by strong financial results and growth in the lending space.
Ratnamani Metals
Ratnamani Metals saw a rise of 2.34%, trading at ₹3,483.65, backed by robust demand in the metal manufacturing sector.
NLC India
The state-owned energy company was up 2.13%, trading at ₹242.05, buoyed by its expansion into renewable energy projects.
Brigade Enterprises
Brigade Enterprises gained 2.04%, trading at ₹1,172.80, driven by strong demand in the real estate sector.
Bayer CropScience
Shares of Bayer CropScience climbed 1.23%, trading at ₹5,736.30, as optimism around the agritech industry grows.

Indian Hotels’ market cap rose ₹10,386.72 crore this week – Know More

Aditya Bhagchandani — Sun, 10 Nov 2024 07:46:09 +0000

Indian Hotels Co. Ltd. witnessed a market cap increase of ₹10,386.72 crore, bringing its total market cap to ₹1,14,731.42 crore as of Friday’s close. The last traded share price on Friday was ₹732.90, reflecting a robust weekly gain of approximately 9.95% from Monday’s close of ₹666.55.

The Indian Hotels Co. Share Price history

Day	Open	Close	Change %
Fri, Nov 8 2024	₹710.00	₹732.90	+7.18%
Thu, Nov 7 2024	₹690.15	₹683.80	-0.12%
Wed, Nov 6 2024	₹669.00	₹684.65	+2.49%
Tue, Nov 5 2024	₹665.90	₹668.00	+0.22%
Mon, Nov 4 2024	₹689.00	₹666.55	-3.06%

The Indian Hotels Company Limited (IHCL), a major player in the Indian hospitality industry, announced its financial results for the quarter ended September 30, 2024 (Q2 FY25). The company demonstrated strong growth across key financial metrics, showcasing its resilience in the hospitality sector.

Financial Highlights (Q2 FY25 vs Q2 FY24)
Revenue from Operations: IHCL reported revenue from operations of ₹1,842 crore for Q2 FY25, up from ₹1,432 crore in Q2 FY24, marking a substantial growth of approximately 28.6% year-on-year.

Other Income: Other income stood at ₹66 crore in Q2 FY25, a rise from ₹47 crore in Q2 FY24, reflecting a growth of around 40.4%.

Total Income: The total income for Q2 FY25 reached ₹1,908 crore, compared to ₹1,479 crore in the corresponding period last year, registering an increase of about 29%.

Expenses: Total expenses rose to ₹1,338 crore in Q2 FY25 from ₹1,036 crore in Q2 FY24, representing a 29.1% increase. Key expense components included:

Employee Benefit Expenses: ₹405 crore, up from ₹326 crore.

Investec has maintained a “Hold” rating on Indian Hotels while raising the target price from ₹630 to ₹742, reflecting a potential upside of 7.8% from the current market price (CMP) of ₹688.30. The brokerage cited the company’s comprehensive performance, which has been supported by healthy Average Room Rate (ARR) growth.

Indian Hotels Company shares gain as it acquires majority stake in Tree of Life operating company

Aditya Bhagchandani — Wed, 06 Nov 2024 04:50:53 +0000

Indian Hotels Company (IHCL), India’s largest hospitality chain, witnessed its shares rise nearly 2% following the announcement of its acquisition of a majority stake in the operating company of Tree of Life. This strategic move, in collaboration with Ambuja Neotia Group, aligns with IHCL’s goal to expand its presence in experiential leisure and strengthen its partnership with the Ambuja Neotia Group. As of 10:17 AM, the shares were trading 1.22% higher at ₹676.15 on the NSE.

Speaking on the acquisition, IHCL’s Managing Director and CEO, Puneet Chhatwal, highlighted how this move reflects IHCL’s ethos of creating new destinations and scaling unique hospitality formats. “This acquisition aligns with our growth strategy and expands our collaboration with Ambuja Neotia Group, with whom we already have successful partnerships, including the Taj Chia Kutir and Taj Guras Kutir in Darjeeling and Gangtok,” Chhatwal said. He also emphasized IHCL’s ambitious goal of growing the Tree of Life brand to 100 properties by 2030, responding to the rising demand for experiential and leisure travel in India.

Tree of Life Resorts, known for providing serene getaways across India, currently operates in over 15 destinations, including locations such as Dared, Dehradun, Varanasi, Binsar, Kumaon, and Udaipurwati. The brand is celebrated for offering boutique leisure experiences in offbeat and picturesque locations.

Harshavardhan Neotia, Chairman of Ambuja Neotia Group, expressed enthusiasm about the partnership’s expansion, stating, “We are thrilled to elevate our partnership with IHCL, a leader in Indian hospitality. Together, we aim to grow the Tree of Life portfolio, leveraging IHCL’s expertise in scaling boutique leisure offerings.”

The Tree of Life portfolio currently consists of 19 resorts and hotels, with an additional two under development. This acquisition positions IHCL to further capitalize on the growing demand for boutique and experiential travel options, reinforcing its status as a key player in India’s hospitality landscape.

Tata Neu app partners with Air India, offers exclusive rewards

Matrika Shukla — Thu, 22 Feb 2024 11:38:21 +0000

Tata Group’s foray into the digital realm takes another significant leap as Air India joins its app, Tata Neu. In a recent announcement via social media, Tata Group revealed that passengers booking Air India flights through Tata Neu will now enjoy exclusive benefits, further enhancing the allure of this burgeoning platform.

One of the standout perks for travellers is the opportunity to earn 5% NeuCoins on their Air India bookings. With each NeuCoin equivalent to Rs 1, passengers stand to gain substantial cashback rewards. For instance, a Rs 10,000 Air India ticket booked through the Tata Neu app would yield a generous Rs 500 cashback, adding value to the travel experience.

The integration of Air India into the Tata Neu ecosystem marks a strategic move aimed at consolidating Tata Group’s presence in the digital space while enriching customer experiences. By offering enticing rewards, Tata Neu aims to incentivize customers to utilize its platform for their travel bookings, fostering brand loyalty and engagement.

Moreover, the utility of NeuCoins extends beyond just travel-related expenditures. Customers can leverage their accumulated NeuCoins to make purchases across a diverse array of categories, including electronics, fashion, travel, hospitality, groceries, and pharmacy, both online and in-store. This versatility underscores Tata Neu’s commitment to providing a holistic and rewarding shopping experience to its users.

The expansion of Tata Neu’s partner network to include Air India underscores the platform’s growing prominence in the digital landscape. With over 60 million cumulative downloads and a staggering 75 million members enrolled in its NeuPass rewards program, Tata Neu has firmly established itself as a force to be reckoned with in the realm of super apps.

This integration builds upon Tata Neu’s existing partnerships with prominent Tata Group entities such as Air Asia, Indian Hotels, Titan, Tanishq, and Westside, which have already embraced the platform since its inception in 2022. By fostering collaboration across its diverse portfolio, Tata Group continues to leverage synergies to create compelling value propositions for consumers.

As Tata Neu continues to evolve and expand its offerings, the addition of Air India serves as a testament to its commitment to innovation and customer-centricity. By empowering users with rewarding experiences and seamless access to a myriad of services, Tata Neu reaffirms its position as a frontrunner in the digital revolution reshaping the way we live, work, and travel.