Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Keswani to be executive chair as Lemon Tree splits top roles
Mint Hyderabad
|August 09, 2025
Lemon Tree Hotels Ltd's chairman and managing director Patanjali G. Keswani will become executive chairman of both LTH and its subsidiary Fleur Hotels as part of a leadership change effective 1 October. The management change was part of a long-term succession plan aimed at strengthening leadership, the company said in a statement on Friday.
The firm also named Neelendra Singh, former managing director of Adidas India, as the managing director of Lemon Tree Hotels, effective 1 October. Saurabh Shatdal, managing director at real estate consultancy Cushman and Wakefield, will take over as MD and chief executive, Fleur Hotels, which is likely to be listed on the public markets by the end of next year.
Chief financial officer Kapil Sharma will join Lemon Tree's board as executive director and also continue as the hotel operator's finance head.
Lemon Tree, founded by Keswani, opened its first hotel in 2004 and has a portfolio of over 230 properties. It also has 110 hotels in the pipeline both in India and internationally.
Denne historien er fra August 09, 2025-utgaven av Mint Hyderabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
Capital gains tax relief: how reinvesting in a house works
You can buy land, build a house to claim full exemption on total costs, including construction
4 mins
October 30, 2025
Mint Hyderabad
BlueStone IPO gets demi-fine jewellery a place in spotlight
A new sparkle BlueStone's blockbuster IPO has boosted investor interest in fashion jewellery startups.
2 mins
October 30, 2025
Mint Hyderabad
Carney tackles Trump tariff feud by mending ties with Asia
US President Donald Trump's latest tariff salvo against Canada landed just as Mark Carney was setting out on a mission to insulate his country from the fallout of the trade war.
1 min
October 30, 2025
Mint Hyderabad
RBI looks to speed up repatriation of gold held abroad
RBI's move will enhance control on India's bullion assets.
1 mins
October 30, 2025
Mint Hyderabad
‘Next Startup Fund of Funds to boost deep-tech firms’
Commerce and industry minister Piyush Goyal on Wednesday said the government will dedicate the next edition of the Startup Fund of Funds almost entirely to deep-tech ventures, underscoring India’s ambition to shift from being the world’s back office to a global innovation engine.
1 mins
October 30, 2025
Mint Hyderabad
Eli Lilly partners with Nvidia to build AI supercomputer for drug discovery
Drugmaker Eli Lilly has teamed up with artificial-intelligence chip designer Nvidia to build what the companies say will be the most powerful supercomputer run by a pharmaceutical company to boost the discovery of new medicines.
2 mins
October 30, 2025
Mint Hyderabad
Satya Nadella to visit India in Dec
Microsoft chief executive Satya Nadella is set to travel to India in December, his second visit to the South Asian country this year where he plans to hold meetings with top government officials, two people with direct knowledge said.
1 min
October 30, 2025
Mint Hyderabad
Shree Cement sticks to its strategy despite slow HI
As large cement makers chase market share, there are concerns over Shree Cement Ltd’s strategy to prioritise a premium pricing over volume.
1 mins
October 30, 2025
Mint Hyderabad
L&T orders hint at pvt capex revival
Domestic orders jump 50%, cross ₹20,000 cr after 5 quarters
1 min
October 30, 2025
Mint Hyderabad
CPP targets more growth in India as its portfolio triples
Canada’s CPP Investments expects its India portfolio to grow further after tripling in size over the previous 5 years, top executives at the investment firm said on Wednesday during a media discussion.
1 mins
October 30, 2025
Listen
Translate
Change font size