Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
IndiGo Parent, Accor To Acquire Majority Stake In Treebo Hotels
Merger & AcquisitionStart-Up & DPIIT
Indigo's parent company, InterGlobe Enterprises, is reportedly set to acquire a majority stake in Treebo Hotels. This potential acquisition would mark Indigo's entry into the hospitality sector. Treebo Hotels is a budget hotel chain in India. The acquisition could create synergies between travel and accommodation services, potentially benefiting both Indigo's customers and Treebo's growth. This move signifies diversification for the airline group.
