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Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystem
The Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, in fact, still tight. But the bull case rested on an assumption: That households and companies would keep spending freely on travel, conferences, weddings, offsites, and premium stays. In hospitality, demand does not disappear first. The ability to pay does. Will higher inflation and trouble in the Gulf region change this equation? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks, along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
10 Jun, 2026, 02:24 PM IST
Assam govt, EU delegation welcome successful launch of Blue Valley Cluster
Assam and the European Union have launched the Blue Valley Cluster in Guwahati. This initiative focuses on Flavours, Fragrance and AYUSH sectors. It aims to strengthen cooperation between Europe and India's Northeast. The project will foster research, innovation and industrial collaboration.
09 Jun, 2026, 07:28 PM IST
SpaceX IPO: 5 Indian mutual funds that can offer exposure to space giant
SpaceX’s planned IPO and potential inclusion in the Nasdaq-100 have renewed investor interest in Indian mutual funds tracking the benchmark. Such funds could gain indirect exposure to the aerospace giant, although fresh investments in several schemes remain restricted due to overseas investment limits.
09 Jun, 2026, 04:39 PM IST
How a prisoner created India’s first rainwear brand by studying ducks and built a company that now serves the IAF, Navy
An Indian freedom fighter's prison experience sparked an idea for local rainwear. Surendra Mohan Bose founded Duckback, India's first rainwear brand, inspired by ducks. This company, born from a shed in Kolkata, now produces specialized equipment for the Air Force and Navy. Duckback's journey highlights self-reliance and over a century of service.
09 Jun, 2026, 03:51 PM IST
[Zepto’s 1billionIPO;Navieyesfreshfunds](/tech/newsletters/morning−dispatch/zeptos−1b−ipo−navi−eyes−fresh−funds/articleshow/131599360.cms"Zepto’s1 billion IPO; Navi eyes fresh funds](/tech/newsletters/morning-dispatch/zeptos-1b-ipo-navi-eyes-fresh-funds/articleshow/131599360.cms "Zepto’s 1billionIPO;Navieyesfreshfunds](/tech/newsletters/morning−dispatch/zeptos−1b−ipo−navi−eyes−fresh−funds/articleshow/131599360.cms"Zepto’s1 billion IPO; Navi eyes fresh funds")
Happy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech Morning Dispatch.
09 Jun, 2026, 07:48 AM IST
[Sachin Bansal’s Navi in talks to raise 250−300millionfromProsus,AccelUS](/tech/funding/sachin−bansals−navi−in−talks−to−raise−250−300−million−from−prosus−accel−us/articleshow/131587840.cms"SachinBansal’sNaviintalkstoraise250-300 million from Prosus, Accel US](/tech/funding/sachin-bansals-navi-in-talks-to-raise-250-300-million-from-prosus-accel-us/articleshow/131587840.cms "Sachin Bansal’s Navi in talks to raise 250−300millionfromProsus,AccelUS](/tech/funding/sachin−bansals−navi−in−talks−to−raise−250−300−million−from−prosus−accel−us/articleshow/131587840.cms"SachinBansal’sNaviintalkstoraise250-300 million from Prosus, Accel US")
Sachin Bansal's Navi Technologies is in talks to raise 250−300millionata250-300 million at a 250−300millionata1.8-2 billion valuation, potentially from Prosus and Accel Growth Fund. This funding aims to expand its lending business in Southeast Asia, following strong performance in India. The move comes after a period of regulatory scrutiny and a shift from IPO plans to private capital.
09 Jun, 2026, 06:00 AM IST
190 vs 620: India has nuke edge over Pakistan but can it deter China?
China is rapidly expanding its nuclear arsenal, outpacing India in warhead numbers and technological advancements. India is enhancing its nuclear triad, focusing on a survivable second-strike capability. The expansion of India's submarine fleet and missile readiness are key developments. India's nuclear planning now emphasizes longer-range systems targeting China.
08 Jun, 2026, 09:28 PM IST
On This Day in History, June 8: Porsche is born, Ghostbusters release, Siam renamed Thailand, Orwell's Nineteen Eighty-Four published, NFL merger announced, Robert F. Kennedy laid to rest and other major events
On This Day in History, June 8, the world witnessed events that shaped politics, warfare, literature and culture. The Viking raid on Lindisfarne, the proposal of the US Bill of Rights, the publication of George Orwell's Nineteen Eighty-Four, the creation of Porsche's first vehicle, the NFL-AFL merger announcement and Robert F. Kennedy's burial all form part of the date's rich historical legacy.
07 Jun, 2026, 10:49 PM IST
Rafale fires MICA NG missile designed to hunt stealth jets in first supersonic test
France has successfully tested its advanced MICA NG missile from a Rafale fighter jet. This new weapon is designed to counter stealth aircraft and drones. The test marks a significant step towards integrating the missile with the Rafale. India is also advancing plans to acquire 114 Rafale fighter jets, with manufacturing potentially happening in India.
05 Jun, 2026, 10:07 PM IST
STT Global acquires 3.5-acre land parcel in Navi Mumbai for Rs 282 crore
STT Global Data Centres India has bought a 3.48-acre industrial property in Navi Mumbai's Mahape for Rs 282 crore. This strategic acquisition supports the growing demand for digital infrastructure. The site in the TTC Industrial Area offers access to power and connectivity.
05 Jun, 2026, 08:28 PM IST
Who is Air Marshal Ashutosh Dixit? All about new IAF Vice Chief with 3,300+ flying hours on MiG-21, other aircrafts
Air Marshal Ashutosh Dixit, a decorated fighter and test pilot, is set to become the next Vice Chief of the Air Staff from July 1. His extensive experience includes enhancing jointness among defence forces and championing indigenous fighter projects. With over 3,300 flying hours on various aircraft, his leadership has been pivotal in modernizing the Indian Air Force.
05 Jun, 2026, 01:21 PM IST
On This Day, June 5: D-Day, Operation Blue Star, RFK assassination, AIDS epidemic, Marshall Plan and other key events
On This Day, June 5, history witnessed several defining moments across war, politics and social change. The date is associated with the D-Day invasion preparations in 1944, Operation Blue Star in 1984, the beginning of the AIDS epidemic in 1981 and Robert F. Kennedy's assassination in 1968. It also marks the announcement of the Marshall Plan and Denmark granting women the right to vote.
04 Jun, 2026, 10:33 PM IST
India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says Bernstein
India’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to Bernstein. The brokerage sees Adani Group and Reliance Industries as best positioned to benefit, citing their access to land, power infrastructure and transmission networks.
04 Jun, 2026, 02:46 PM IST
On This Day, June 4: Iran's supreme leader elected, women's suffrage bill passed, ATM patent approved, D-Day delayed, first shopping cart introduced, Henry Ford's first car ride and National Hug Your Cat Day
June 4 marks a day of global historical significance. Major events include the Tiananmen Square crackdown, the liberation of Rome in World War II, and the first successful test drive of Henry Ford's automobile. The date also saw the release of Metallica's 'Load' and the granting of the ATM patent.
03 Jun, 2026, 11:14 PM IST
Digital infrastructure demand drives new wave of strategic land buying
India's data centre sector is experiencing rapid growth. This expansion is leading to substantial land acquisitions across new markets. Major investments are creating new infrastructure corridors. Hyperscale cloud operators and AI providers are driving this demand. This development is transforming India's digital economy and real estate landscape.
03 Jun, 2026, 12:25 AM IST
Will the Nancy Guthrie case finally be cracked? Here's what an expert says about the next the move that could expose the suspect
The FBI is reportedly considering new technological tools to advance the Nancy Guthrie case, potentially focusing on video forensics, signal analysis, or blockchain technology. Expert Morgan Wright believes these advancements could finally expose the suspect. Meanwhile, former FBI agent Jonathan Gilliam criticizes the local sheriff's handling of the investigation, suggesting a lack of confidence from the Guthrie family.
02 Jun, 2026, 11:46 PM IST
US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know it
A 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a talent crisis. This has created a lucrative opportunity for new developers learning this older skill. Banks and agencies are paying top salaries to maintain these vital systems. AI is also being explored to help manage COBOL code.
02 Jun, 2026, 03:42 PM IST
Amazon adds 10.6 acres to Mumbai data centre campus in Rs 125 crore deal
Amazon Data Services India has acquired a significant land parcel near Mumbai. This expansion boosts its data centre capacity in India's largest market. The company's investment in this location now totals nearly Rs 575 crore. This move strengthens Amazon's land bank in the Palava region, a key hub for digital infrastructure projects.
01 Jun, 2026, 06:33 PM IST
Trump's China moves can open up a vast market for India
India is emerging as a significant defence supplier in Southeast Asia, with Vietnam becoming the second buyer of the BrahMos missile after the Philippines. Indonesia is reportedly close to a deal, while Malaysia and Thailand have shown interest, potentially expanding India's defence footprint across the South China Sea region.
01 Jun, 2026, 03:13 PM IST
Peak XV rejigs Surge; Digital lenders power through slowdown
Happy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morning Dispatch.
01 Jun, 2026, 07:25 AM IST
Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hours
Iran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US actions. Iran recently launched a new body to manage maritime traffic in the strait. The US has imposed sanctions on this body, accusing Iran of extortion.
31 May, 2026, 11:33 PM IST
Adani says US legal issues behind it, bets on AI-driven infrastructure boom
Gautam Adani announced the Adani Group has overcome US legal challenges and is accelerating investments in energy, transport, and digital infrastructure. The conglomerate is positioning itself to capitalise on AI-driven growth, with significant capital expenditure in renewable energy, data centres, and logistics. Adani emphasised the group's commitment to nation-building despite past scrutiny.
31 May, 2026, 04:12 PM IST
Admiral Krishna Swaminathan takes charge as new Navy chief
A new chapter for India's naval forces begins as Admiral Krishna Swaminathan steps in as the Chief of Naval Staff, taking the helm from Admiral Dinesh Kumar Tripathi. Highlighting the importance of vigilance in a complex maritime arena, Admiral Swaminathan is determined to prioritize operational excellence and combat readiness.
31 May, 2026, 01:09 PM IST
From West Asia to the Indian Ocean, maritime security challenges are interconnected; Op Sindoor proved readiness, says Navy Chief
Chief of Naval Staff Admiral Dinesh K Tripathi highlighted that India's security is increasingly impacted by global events, with maritime security intrinsically linked to economic and energy security. He emphasized the need for jointness and integration among armed forces, while the Navy actively monitors strategic developments in the Indian Ocean Region and incorporates emerging technologies for future warfare.
30 May, 2026, 06:30 PM IST
Pakistan Navy remained confined to ports during Operation Sindoor: Rajnath Singh
Defence Minister Rajnath Singh inaugurated the Nausena Shaurya Vatika in Lucknow. He stated the Indian Navy confined Pakistan's navy to ports during Operation Sindoor. The museum showcases naval achievements and inspires citizens. India's defence manufacturing and exports have significantly increased. Uttar Pradesh has transformed under Chief Minister Yogi Adityanath.
30 May, 2026, 02:43 PM IST
Equity mutual funds deliver up to 17% return in May led by international funds. Should you go global?
Equity mutual funds saw strong performance in May, with returns reaching up to 17%. International funds led the gains, driven by markets like the US, Korea, and Taiwan. While global diversification is beneficial, experts advise caution due to high valuations. Investors should consider a systematic investment plan for global exposure, focusing on long-term data for market assessment.
29 May, 2026, 10:17 AM IST
[Dell lands 9.7billionPentagondealmonthsafterTrump−linkeddonation](/tech/technology/dell−lands−9−7−billion−pentagon−deal−months−after−trump−linked−donation/articleshow/131367584.cms"Delllands9.7 billion Pentagon deal months after Trump-linked donation](/tech/technology/dell-lands-9-7-billion-pentagon-deal-months-after-trump-linked-donation/articleshow/131367584.cms "Dell lands 9.7billionPentagondealmonthsafterTrump−linkeddonation](/tech/technology/dell−lands−9−7−billion−pentagon−deal−months−after−trump−linked−donation/articleshow/131367584.cms"Delllands9.7 billion Pentagon deal months after Trump-linked donation")
Dell has secured a significant 9.7billion,five−yeartechnologyagreementwiththeUSDepartmentofWarformilitarysoftwareandcloudservices.Thisdeal,awardedafteracompetitivebiddingprocess,isexpectedtostreamlinelicensingandsavethePentagonapproximately9.7 billion, five-year technology agreement with the US Department of War for military software and cloud services. This deal, awarded after a competitive bidding process, is expected to streamline licensing and save the Pentagon approximately 9.7billion,five−yeartechnologyagreementwiththeUSDepartmentofWarformilitarysoftwareandcloudservices.Thisdeal,awardedafteracompetitivebiddingprocess,isexpectedtostreamlinelicensingandsavethePentagonapproximately422 million annually. The contract follows substantial philanthropic contributions from the Dell family and public praise from President Trump.
28 May, 2026, 03:28 PM IST
Emerging cities becoming strategic hubs for expansion beyond traditional metros: Report
India's global capability centres are expanding beyond major cities. Emerging locations are now key for company growth. This shift is driven by evolving talent needs and technology. Companies are creating distributed networks for resilience. Emerging cities offer advantages like lower costs and untapped talent. This trend is reshaping India's GCC landscape for future growth.
26 May, 2026, 12:34 PM IST
AI ignites India infra supercycle
Operators and investors ramping up capacity with billions in investments as India’s data centre capacity may touch 4 GW by 2030, writes Tanya Pandey
26 May, 2026, 06:00 AM IST