SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Hospitality & Retail

DLC Guide Mumbai honours top dining and hospitality brands in 2025

Mumbai News Desk

24 Dec 2025

The Mumbai second edition of the DLC Guide 2025 concluded with an industry-led evaluation of restaurants, hotels and bars based on operational excellence and guest experience. Founded by Jimmy Mistry under the Della Leaders Club, the guide follows an independent, audit-driven framework inspired by global benchmarks. The edition recognised select dining venues, Fairmont Mumbai in the hotel category, and Sixteen33 among bars. Supported by a diverse professional panel, the platform has expanded across five countries and nine cities within 18 months, assessing over 99 establishments worldwide.Read more

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Retail space leasing across top cities seen nearing 9 million sq ft this year

24 Dec 2025

Retail space leasing across India's top eight cities is projected to rise by about 15 per cent this year to nearly 9 million sq ft, supported by fresh supply and sustained retailer demand, according to Cushman & Wakefield. Both high-street locations and shopping malls have witnessed higher absorption, with malls seeing a sharper jump. The consultant expects this to be the strongest annual retail leasing since the Covid-led slowdown, aided by new mall completions, growing consumer confidence, and the shift towards experience-led retail formats across key urban markets.Read more

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Fortis Healthcare to buy Bengaluru's People Tree Hospital for INR 4.3 billion

Bangalore News Desk

23 Dec 2025

Fortis Healthcare has agreed to acquire People Tree Hospital in Yeshwantpur, Bengaluru, for INR 4.3 billion, strengthening its presence in South India. The acquisition will be carried out through its wholly owned subsidiary, International Hospital, by purchasing 100% of TMI Healthcare, which operates the hospital. Along with the takeover, Fortis plans to invest about INR 4.1 billion over the next three years to expand and upgrade the facility. The deal aligns with Fortis & broader strategy to increase capacity and improve returns in key urban markets.Read more

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Manglam Group launches INR 300 crore Westin resort in Jaipur foothills

23 Dec 2025

Manglam Group has entered the hospitality sector with the launch of The Westin Jaipur Kant Kalwar Resort & Spa, a super-luxury resort set in the foothills of the Aravalli range near Jaipur. Developed with an investment of around INR 300 crore, the project marks Manglam's first hospitality venture and anchors its wider INR 1,000-crore hospitality expansion plan. Spread across nine acres, the resort offers 135 rooms, multiple event venues, wellness-focused amenities and curated dining options. The opening also marks Marriott International's 200th property in India. The project strengthens Jaipur's appeal as a leisure and business destination while signalling Manglam's long-term focus on premium hospitality and destination-led developments.Read more

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Lakeshore Mall opening puts Kukatpally on Hyderabad's retail map

22 Dec 2025

Hyderabad has added a major landmark to its urban landscape with the inauguration of Lakeshore Mall at Kukatpally Y-Junction, billed as India's largest mall. Strategically located near the Kukatpally Metro Station, the development is expected to transform West Hyderabad into a prominent lifestyle and commercial hub. With nearby housing projects witnessing heightened interest, the opening of Lakeshore Mall is widely seen as a catalyst that could redefine living, shopping, and investment patterns across the Kukatpally micro-market.Read more

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IHCL to debut Vivanta brand in Vellore with 100-key greenfield hotel

22 Dec 2025

Indian Hotels Company Ltd is set to enter the Vellore hospitality market with the development of a 100-key Vivanta hotel, marking its first project in the city. The greenfield venture is being undertaken in partnership with BBK Group. Positioned to cater to Vellore's growing education and industrial ecosystem, the upcoming hotel will feature contemporary design, dining, meeting and banqueting facilities, strengthening the city's evolving hospitality landscape.Read more

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Marriott International marks milestone with launch of 200th hotel in India at Jaipur

22 Dec 2025

Marriott International has reached a major milestone in its India journey with the opening of its 200th property, the 135-key Westin Jaipur Kant Kalwar Resort & Spa in Rajasthan. The development underlines the hospitality major's long-term confidence in the Indian market, where it has steadily expanded across leisure and business destinations. With a diversified portfolio spanning 18 brands and a strong pipeline of nearly 150 additional hotels, Marriott continues to deepen its footprint in the country. The latest opening reinforces its focus on experiential hospitality while highlighting India's growing importance within the company's global growth strategy.Read more

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ITC plans three more hotels in West Bengal as hospitality presence expands

19 Dec 2025

ITC Ltd has announced plans to add three new hotels in West Bengal, taking forward its hospitality expansion alongside five properties already in the pipeline. The proposed projects are planned in Darjeeling, Kurseong and the Sundarbans, targeting the state's growing tourism demand. ITC currently operates seven hotels in the state and has invested around USD 1 billion in West Bengal over the past decade. The company also has a strong presence in manufacturing, food processing, technology and agriculture across the region.Read more

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Explained: What PM MITRA textile parks are and why the INR 5,567 crore plan matters

18 Dec 2025

The Centre is moving ahead with the development of PM MITRA parks as large, integrated textile manufacturing hubs, with detailed project reports worth about INR 5,567 crore completed for three proposed locations. These include greenfield parks in Lucknow, Kalaburagi and Navsari, each spread over more than 1,000 acres. The projects are being planned under a public-private partnership model to attract master developers for design, construction, financing and operations. The PM MITRA scheme aims to strengthen India's textile value chain by creating scale, improving infrastructure and reducing logistics costs. Once operational, these mega textile parks are expected to support manufacturing, processing and allied activities while boosting competitiveness and employment in the sector.Read more

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ITC Hotels to expand Storii brand with four wildlife resorts across India

17 Dec 2025

ITC Hotels Ltd is planning to expand its boutique hospitality portfolio by adding four new properties under the Storii by ITC Hotels brand at key wildlife destinations in India. The upcoming hotels, with a combined inventory of 141 rooms, are proposed in Jawai, Ranthambore, Dhari Gir and Sasan Gir. The company aims to deepen its presence in nature-led and experiential stays through partnerships with regional developers and property owners. These additions align with ITC Hotels wider strategy of strengthening niche segments within India's growing wildlife tourism market.Read more

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