Accor to Bring Novotel to Himachal Pradesh with New Solan Hotel

Global hospitality group Accor is expanding its presence in India’s leisure travel market with the signing of Novotel Solan Kumarhatti in Himachal Pradesh. Scheduled to open in 2031, the 120-room hotel will mark Accor’s entry into the hill state. Located along the Kalka–Shimla Highway, the property is planned to cater to holidaymakers, families, wedding parties and corporate travellers.

Aviva becomes the majority shareholder in its India joint venture

Aviva plc (“Aviva”) today announces that it has acquired an additional 25% stake from Dabur Invest Corp. in its joint venture in India, Aviva Life Insurance Company India Limited (ALICIL). Following the stake acquisition, Aviva’s shareholding has increased to 74% in ALICIL.


The transaction allows Aviva to become the majority shareholder, increasing its economic and operational control as it continues to transform the performance of the business.

Aviva received approvals from the relevant competition and regulatory authorities.

Aviva Life Insurance Company India Limited is a joint venture between Dabur Invest Corp, one of India's oldest and most respected business houses, and Aviva International Holdings Limited, a UK-based insurance group. Aviva International has been associated with India since 1834.

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