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Oberoi Hotels will leave the UAE market. The news took employees by surprise on the eve of 18 September. The exit follows the termination of its partnership with the Ajman property's owners, leading to uncertainty about job security as management shifts to another operator.
Mint

Mint

EIH-Oberoi Hotels announces surprise exit from UAE market

Oberoi Hotels will leave the UAE market. The news took employees by surprise on the eve of 18 September. The exit follows the termination of its partnership with the Ajman property's owners, leading to uncertainty about job security as management shifts to another operator.

Thu, Sep 19, 2024

EIH and an investee company plan to deploy  ₹972 crore in a new hotel project in Pune, and explore opportunities for one in London while facing a legal challenge from Anastasia Oberoi over her exclusion from the family inheritance.
Mint

Mint

Amid family feuds and turmoil, EIH-owned Oberoi Hotels to develop two hotels in Pune, London

EIH and an investee company plan to deploy ₹972 crore in a new hotel project in Pune, and explore opportunities for one in London while facing a legal challenge from Anastasia Oberoi over her exclusion from the family inheritance.

Mon, Sep 16, 2024

The Delhi High Court has issued an interim order preventing the transfer of shares in EIH Ltd, Oberoi Hotels, and Oberoi Properties held by the late PRS Oberoi. This comes after his daughter, Anastasia Oberoi, filed a case against her siblings over control of the family's substantial holdings in these companies.
The Economic Times

The Economic Times

Family feud escalates: Court stops Oberoi siblings from transferring father’s shares

The Delhi High Court has issued an interim order preventing the transfer of shares in EIH Ltd, Oberoi Hotels, and Oberoi Properties held by the late PRS Oberoi. This comes after his daughter, Anastasia Oberoi, filed a case against her siblings over control of the family's substantial holdings in these companies.

Sun, Sep 15, 2024