Latest news with #OberoiGroup
Vogue
23-05-2025
- Vogue
At This New Safari Destination in Central India, You Can Track Royal Bengal Tigers in Style
There is a tree in the central jungles of India referred to as the Flame of the Forest. It's named as such for its fiery orange petals that set the region ablaze in the early weeks of spring. I arrive at Bandhavgarh National Park right as these glowing blooms are performing their final act, appearing instead as dimly lit torches flickering across the landscape. My disappointment at just missing the zenith of this color riot is quickly replaced by a strongly sweet aroma that floods my nose while passing through Oberoi Vindhyavilas Wildlife Resort's imposing entrance. 'It's the Mahua tree's flower,' Vikas Sawhney, the general manager, says with a grin while presenting a delicate glass filled with homemade lemonade. As I'll learn over the coming days, nature is always putting on a show in India, no matter the time of year. Photo: Courtesy of the Oberoi Group This is the second wildlife resort for Oberoi, the luxury hospitality brand with outposts scattered across some of the most covetable and far-flung destinations on the planet. Their doors swung open in March, just a month before my arrival, and already reservations are booking out for the 19 luxury tents and two pool villas that stretch across 21 acres of fountain grass and kachnar trees. The reason for such a swift response? Well, that would be Bandhavgarh's star resident: the Royal Bengal Tiger. Reaching this exquisite part of the country entails a visa application, series of flights, and long drives; logistical details that I enlist the masterminds at Abercrombie & Kent to oversee. Tapping into their roster of on-the-ground experts, A&K threads together an itinerary that seamlessly transports me from jet bridge to Oberoi's waterfront property in Mumbai, where I acclimate to the new continent for a couple of nights. A morning of touring local spice markets and architectural landmarks is followed by a sunset cocktail back at the hotel overlooking the Arabian Sea. A leisurely dinner at the property's Ziya restaurant at the helm of Michelin-starred Chef Vineet Bhatia, then I'm back in my room by 9 p.m. in anticipation for the next day's early morning departure.
Time of India
21-05-2025
- Business
- Time of India
Profit at Rs 770 crore in FY 25, Oberoi Hotels sees its ‘strongest ever financial performance'
NEW DELHI: has reported a of Rs 332 crore in the January-March 2025 period, 109% more than the same period in the previous fiscal. The hospitality major saw a profit of Rs 770 crore in FY 25, up 14% from FY 24, on a revenue of Rs 2,880 crore — up 10% from the revenue in the previous fiscal. Tired of too many ads? go ad free now The company says these are the 'strongest in (its) EIH Ltd's history.' has a pipeline of 21 properties to be completed by 2029, comprising 19 hotels, two luxury boats, and a Nile cruiser. This expansion includes eight hotels to be owned, invested in, and operated directly or through joint ventures by EIH limited and 13 (including 2 luxury boats and a Nile cruiser) to be managed by The Oberoi Group. The development pipeline spans 12 hotels in India and nine international hotels & cruises across London, Egypt, Bhutan, Nepal, and Saudi Arabia. Upon completion, 16 hotels (including the boats and cruisers) will operate under the Oberoi brand and five hotels under the Trident brand, representing a total inventory of about 1,473 keys. The Oberoi Group executive chairman, Arjun Oberoi said: 'This has been a milestone year for EIH Ltd, delivering record financial results. Our robust performance reflects our long-term vision, strong governance, and unwavering commitment to excellence. With a solid financial foundation, we are well-positioned to drive strategic growth across key markets while creating sustained value for all our stakeholders. ' The Oberoi Group CEO, Vikram Oberoi, said: 'These results highlight the relentless dedication of our teams and their pursuit of operational excellence. As we continue to expand our footprint, we remain steadfast in delivering exceptional driven through our values and culture that places our guests and their wellbeing at the centre of everything we do.'
Hans India
10-05-2025
- Business
- Hans India
Oberoi Group eyes five-star hotel at Horsley Hills
Horsley Hills(Annamayya Dist): The Oberoi Group is moving forward with plans to set up a luxury five-star hotel at Horsley Hills in B Kothakota mandal of Annamayya district, aiming to transform the serene hill station into a premier tourist destination. The proposed project, estimated at Rs.200 crore, will span 20 acres atop the scenic hills in Annamayya district. On Friday, Executive Chairman Arjun Oberoi and President R Shankar visited the site along with Annamayya District Collector Sridhar Chamakuri and Sub-Collector Megha Swaroop to explore the feasibility and infrastructure requirements for the development. Discussions focused on land allocation, construction logistics, and government support. Collector Chamakuri assured the Oberoi team of the state government's full backing, including the provision of essential infrastructure to encourage tourism investments that will boost local employment. Pleased with the district administration's proactive approach, the Oberoi representatives confirmed they would place the project on the agenda of their upcoming board meeting to formally kickstart the venture. Officials from the tourism, survey, and revenue departments, including District Tourism Officer Nagabhushan and Tahsildar Mohammed Azaruddin, were present during the site visit.
Time of India
05-05-2025
- Business
- Time of India
SLMG Beverages founder S.N. Ladhani passes away at 85
New Delhi: S.N. Ladhani , founder of SLMG Beverages and the force behind Coca-Cola India 's largest bottling operations , passed away at his residence in Bareilly on May 2 at the age of 85. Ladhani, who began his entrepreneurial journey in the 1950s, built SLMG Beverages into Coca-Cola India's largest bottling partner, operating major plants across Uttar Pradesh, Uttarakhand, Madhya Pradesh, and a new facility underway in Buxar, Bihar. His contributions played a significant role in shaping the beverage distribution ecosystem in northern India. Under his leadership, the first Coca-Cola bottle in India post-liberalization was produced at the Agra plant in 1992. Today, SLMG employs over 10,000 people directly and supports thousands more across its supply chain. Ladhani also diversified into sectors including hospitality, renewable energy, real estate, and animal feed. Notably, he partnered with the Oberoi Group to develop a premium hotel in Rishikesh and invested in green energy projects generating nearly 75 MW. A Shraddhanjali Sabha held on May 4 in Bareilly saw attendance from several dignitaries, including BJP leader Shahnawaz Hussain, Oberoi Group Chairman Arjun Oberoi, and various political and business leaders. Tributes also poured in from public figures such as UP Chief Minister Yogi Adityanath, actor Suniel Shetty, and senior bureaucrats. Born in 1940 in Sindh (pre-Partition India), Ladhani migrated to Ayodhya and began his professional life in Katihar, Bihar. His journey from construction to cold storage, and eventually to building a beverage empire, is remembered as a testament to vision and perseverance. He is survived by his family and is remembered not just for his business accomplishments but also for his humility, philanthropy, and deep-rooted values.
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Business Standard
28-04-2025
- Business
- Business Standard
Oberoi Realty Q4FY25 results: Net profit falls 45% to ₹433.2 crore
Mumbai-based premium real estate developer Oberoi Realty's net profit for the fourth quarter of the financial year 2025 (Q4FY25) declined by 45.03 per cent year-on-year (Y-o-Y) to ₹433.2 crore amid the absence of new launches during the quarter. The company's net profit for Q4FY24 was ₹788.03 crore. The profit in Q4FY25 missed the Bloomberg analysts' poll estimate of ₹570 crore. The company's revenue from operations during Q4FY25 stood at ₹1,150 crore, down by 12.53 per cent Y-o-Y. The revenue also missed the estimate of ₹1,592 crore. Meanwhile, the company's total expenses during the quarter were ₹636.4 crore, up 7.9 per cent Y-o-Y, on the back of a 207.2 per cent Y-o-Y increase in land, development rights, construction, and other costs (₹586.8 crore). The developer's revenue for FY25, however, rose by 17.6 per cent Y-o-Y to ₹5,286.3 crore. The company's profit for the same period grew by 15.5 per cent Y-o-Y to ₹2,225.51 crore. Sequentially, the company's revenue declined by 18.5 per cent, while its profit fell by 29.95 per cent. The company's board of directors also declared the fourth interim dividend of ₹2 per equity share, which is 20 per cent of the face value of an equity share of ₹10 each. Additionally, the board approved the incorporation of a wholly owned subsidiary primarily intended to be the corporate social responsibility (CSR) arm of the Oberoi Group. The company's share listed on the Bombay Stock Exchange (BSE) closed at ₹1,655.65 on Monday (April 28).
