Latest news with #Exhibitions


Time of India
a day ago
- Business
- Time of India
India needs proactive govt support in AI for national security, says report
Academy Empower your mind, elevate your skills India needs government incentives and substantial investments in artificial intelligence (AI) to strengthen cybersecurity and border security, a report by Nexgen Exhibitions said on report, based on a survey of over 200 companies from 15 cities, highlighted that 86 per cent of respondents agree or strongly agree that India needs proactive government support in AI for national the nation grapples with the increasing challenges in electronic warfare and information warfare, AI emerges as a transformative tool for ensuring national sovereignty, the report estimates suggest that over 2.3 million cybersecurity incidents were reported in India in 2024, along with a financial loss of Rs 1,200 crore due to cyberattacks, the report noted. The country also ranks third globally in phishing attacks, after the US and 14% of respondents support public-private partnerships and incentives for AI innovation in believe that PPPs (public private partnership) can bridge the AI divide in the sector, effectively ensuring ethical integration of the report further highlighted that numerous policy gaps need to be addressed by the stakeholders and the government to effectively leverage AI in bolstering national is a notable absence of a national AI security framework specifically designed for defence applications, which is essential for establishing robust security measures, it pointed Exhibitions in a statement also said that Delhi will host the 10th International Police Expo 2025 from July 31 to August 1 which will focus on strengthening the country's internal security and policing Bansal, Director, Nexgen Exhibitions said, "The International Police Expo 2025 will serve as one of the most influential platforms for showcasing innovative solutions in security and technology, underscoring the urgent need for proactive government support and collaboration in AI to enhance national security."


Mint
4 days ago
- Business
- Mint
Indian Hotels books steady stay in Q1, but high growth may be tough to sustain
Even with turbulence in the skies and disruptions on the ground, The Indian Hotels Co. Ltd managed to steer through Q1FY26 with stable growth, though not without a few bumps in the margins. The company reported a 32% year-on-year growth in consolidated revenue to ₹2,041 crore for the June quarter (Q1FY26), broadly in line with analysts' expectations. The consolidation of TajSATS airline catering business from August benefitted growth. Excluding TajSATS, revenue growth stood at a decent 13%, despite operational headwinds such as Operation Sindoor, flight disruptions and broader geopolitical events. Also read: Chalet Hotels is gearing up for a major expansion. Should investors check in now? Margins under pressure These headwinds, along with an early wage hike implemented in Q1, weighed on profitability. The company's Ebitda margin declined by nearly 80 basis points year-on-year, settling at 28.2% for the quarter. Still, the company remains optimistic. Its core hotels segment, which contributes around 85% of total revenues, is expected to clock double-digit growth in FY26, led by strong demand in the MICE (Meetings, Incentives, Conferences and Exhibitions) segment. Q2 outlook stays firm The outlook for Q2 is expected to stay robust even as July last year was strong. According to Dolat Capital Market, FY26 will mark the fourth consecutive year of outperformance for Indian Hotels and the broader industry. 'Thus, sustaining high growth may become challenging," they wrote in a report dated 17 July. In Q1FY26, the company's standalone business reported an 11% growth in revenue per available room (RevPAR). Occupancy dipped by 90 basis points year-on-year to 74.3%, while average room rates (ARR) rose 12%. Indian Hotels continues to benefit from a healthy balance sheet. As of 30 June, gross cash reserves stood at ₹3,073 crore. For FY26, the company has outlined capital expenditure of ₹1,200 crore, which will be directed towards assets under construction, hotel renovations, expansion, and digital initiatives. Expanding hotel network In Q1FY26, Indian Hotels opened six new hotels including a Taj in Alibaug, two SeleQtions resorts in Lakshadweep, a Gateway in Coorg, and a Ginger in Dehradun. This takes its total portfolio to 392 hotels — of which 249 are operational while the rest are in the pipeline. Under its 'Accelerate 2030' strategy, Indian Hotels aims to grow its portfolio to 700 hotels by 2030. Also read: Hotel deals more than double in Jan-June to $225 mn, but momentum could weaken Valuation and market sentiment Analysts at Motilal Oswal Financial Services expect the company to maintain its growth trajectory, projecting a 16% revenue CAGR and 20% Ebitda CAGR over FY25–27, driven by room additions and ARR increases, while occupancy is seen improving slightly. However, the stock's rich valuations could limit near-term upside. Shares currently trade at 32x EV/Ebitda based on FY26 estimates, as per Bloomberg. The stock is down nearly 15% from its 52-week high of ₹894.90 touched on 30 December. 'Indian Hotels' business positioning remains strong, led by superior execution, industry tailwinds from a demand-supply mismatch (though narrowing), and a healthy balance sheet — notwithstanding rich valuations," analysts at Dolat Capital said in a 17 July report. Also read: ITC Hotels soared 30% from its low. Is it still a hidden gem?


Travel Daily News
09-06-2025
- Business
- Travel Daily News
Tenth edition of Global Exhibitions Day celebrated worldwide
Global Exhibitions Day theme 'Exhibitions Unleash Potential' reached audiences in over 100 countries and regions. Next year's GED will take place on Wednesday, 3 June 2026 . PARIS – The tenth edition of Global Exhibitions Day (GED) was celebrated worldwide on 4 June 2025 under the theme 'Exhibitions Unleash Potential'. This year's theme showcased how exhibitions empower individuals, elevate organisations, and drive economic and social growth through direct in-person interactions and connections. GED 2025's four key messages highlighted the transformative power of exhibitions across multiple dimensions. Exhibitions drive progress in industries by fostering collaboration and innovation; empower individuals by supporting the growth of both emerging and established talent; advance communities by fuelling economic development and societal progress; and strengthen companies by amplifying brand presence, building networks, and boosting revenue through face-to-face engagement. In the lead-up to and during GED 2025, according to UFI's initial numbers*, global activations had an online reach of over 800k across social media. The #GED2025 hashtag was widely used across the community to showcase the role and relevance of exhibitions in driving progress for people and the planet. The Snöball social card campaign mobilised over 150 individual advocates who generated and shared personalised GED visuals across their networks, further amplifying the visibility and impact of the day. The tenth Global Exhibitions Day coincided with the UFI European Events Week in Thessaloniki, Greece, with over 350 attendees. At the welcome reception, the special celebration included a ceremonial cake-cutting and a joyous birthday song session, marking the milestone with a sense of community and festivity. Leading global organisers Clarion Events, Comexposium, Emerald, Informa, and RX, weighed in on the importance of exhibitions in empowering people through in-person connection and fueling multi-sector trade and growth. Industry associations from around the world came together to share the importance of GED and to encourage others in their respective communities to participate. Hugh Jones, UFI President and CEO of RX, said: 'Global Exhibitions Day is a powerful demonstration of the exhibition industry's unity and impact. Around the world, our community came together to showcase how exhibitions connect people, ignite innovation, and drive growth across industries, communities, and economies. The day reaffirmed that face-to-face events remain essential platforms for building a more sustainable, inclusive, and prosperous future.'


Malaysian Reserve
03-06-2025
- Business
- Malaysian Reserve
Irmohizam first Malaysian to receive top award at EEA 2025
KUALA LUMPUR — Group Managing Director of World Trade Centre Kuala Lumpur (WTCKL) Datuk Seri Dr Irmohizam Ibrahim (picture) has made history by becoming the first Malaysian to receive the Distinguished Leadership Award at the Exhibition Excellence Awards (EEA) 2025 in Navi Mumbai, India. WTCKL, in a statement, said the event was hosted by Exhibition Showcase, India's largest industry award platform and held at the CIDCO Exhibition & Convention Centre on May 31. It said the EEA celebrates key figures and acknowledges the contributions of the unsung heroes in the Meetings, Incentives, Conventions and Exhibitions (MICE) and Business Events (BE) industries. 'Datuk Seri Dr Irmohizam Ibrahim's unwavering dedication to reshaping the future of the BE industry while setting new benchmarks for continued growth was recognised with this award,' the statement read. The award was presented by Shanghai New International Expo Centre (SNIEC) chief executive officer Michael Kruppe, in recognition of Irmohizam's transformative leadership and his pivotal role in reshaping the future of the industry. 'I am deeply honoured to receive this prestigious award as it reflects my passion and unwavering commitment to the growth and transformation of the BE industry. 'I hope that in the future we can build a more resilient, innovative and inclusive ecosystem that empowers industry players to succeed and thrive in an evolving global landscape,' Irmohizam was quoted as saying. Irmohizam, who also serves on the Board of the World Trade Centers Association (WTCA), was commended for his vision and impact in positioning Malaysia as a central hub for business events in the Asian region and globally. Other recipients include Ray Bloom, founder and chairman of IMEX Group; Mala Dorasamy, CEO of the Malaysia International Trade and Exhibition Centre; and Adeline Vancauwelaert, chief operating officer of UFI – The Global Association of the Exhibition Industry. In the statement, WTCKL also congratulated Irmohizam on his milestone achievement, citing his dedication as an inspiration to the industry. — BERNAMA


Argaam
18-05-2025
- Business
- Argaam
Tharwah appoints new financial advisor for Amjad Watan acquisition
Altharwah Albashariyyah Co.'s (Tharwah) board of directors decided to terminate the engagement with Mekyal Financial Technologies Co., the company said in a statement to Tadawul. The board approved the appointment of Qima Financial Co. as the new financial advisor to oversee the acquisition of Amjad Watan for Exhibitions and Conferences Management (a sole proprietorship) and related procedures. Any material developments will be announced in due course, the statement added. According to data available with Argaam, Tharwah signed, on April 17, a binding and conditional acquisition and subscription agreement with Amjad Watan to acquire 100% of the company's shares.