21 Oct 2025

OVS, Italy's renowned fashion brand, has launched its first flagship store in India at Pacific Mall, Tagore Garden, New Delhi. Spanning 9,000 sq. ft., the store showcases a wide array of collections, from everyday essentials to premium lines, reflecting Italian design, quality fabrics, and contemporary style. Before the opening, a pop-up installation offered shoppers an immersive preview of OVS' aesthetic and collections. The launch highlights the brand's international growth strategy and its focus on delivering accessible, stylish, and sustainable fashion to Indian consumers, catering to the increasing demand for global fashion experiences in the country.Read more

20 Oct 2025

Shapoorji Pallonji Real Estate (SPRE) has partnered with Fortis Memorial Research Institute (FMRI) to provide comprehensive healthcare services to residents of its Gurugram projects, Joyville Gurugram and The Dualis. SPRE will supply infrastructure while FMRI will handle medical centres, staffing, and equipment. Residents will receive a range of complimentary services including vitals monitoring, first aid, injections, dressings, and fortnightly internal medicine consultations, along with discounts on diagnostics, health check-ups, and IPD services at Fortis Gurugram. Emergency ambulance support is also included, reflecting SPRE's commitment to integrating healthcare into community living.Read more

20 Oct 2025

AI Fleet Services IFSC Ltd (AIFS), the leasing arm of Air India, secured a USD 215 million loan from Standard Chartered and Bank of India to finance six Boeing 777-300ER aircraft. The seven-year term loan, routed through GIFT City, marks the first commercial aircraft financing via India's international financial hub. The financing supports Air India's Vihaan.AI transformation programme, which includes fleet renewal, mergers with regional carriers, and network expansion. Earlier payments via AIFS show growing domestic financing capability. GIFT City is emerging as a hub for aircraft financing, reducing dependence on offshore lessors.Read more

20 Oct 2025

Indian Hotels Company Ltd (IHCL), part of the Tata Group, has crossed the milestone of 250 operational hotels in India, offering a total of 25,500 rooms. In the first half of the current fiscal year, the company signed 46 properties and opened 26 hotels, including locations like Darjeeling, ECR Chennai, Pondicherry, Mohali, and Kruger National Park in South Africa. Executives highlighted that these additions reflect consistent progress under the company's "Accelerate 2030" plan. IHCL is on track to expand its portfolio to 700 hotels by 2030, strengthening its presence across domestic and international markets.Read more

17 Oct 2025

ITC Hotels has partnered with DSR Hospitality Services to open two new managed hotels under its Welcomhotel brand in Hyderabad and Nellore. The Hyderabad Panjagutta property will have 117 rooms, while the Nellore hotel will feature 127 rooms. This expansion strengthens ITC Hotels' presence in Andhra Pradesh and Telangana, supporting the company's strategic growth into new cities. Leadership stated that the partnership reflects the group's commitment to increasing its footprint across India while maintaining high standards of service and hospitality for both business and leisure travelers.Read more

17 Oct 2025

OYO Assets, also known as Sunday PropTech and backed by PRISM, has announced plans to acquire 12 hotels during the second half of the current financial year as part of its effort to grow its premium and mid-premium hospitality portfolio. The company mentioned that seven of these properties are already in advanced stages of acquisition. The funding for these acquisitions will come through a combination of debt and equity, supported by PRISM Life, SoftBank, and a consortium led by InCred and Analah. The move aligns with OYO's strategy to strengthen its presence in key hotel segments.Read more

16 Oct 2025

DLF has addressed reports suggesting water supply issues at its Vasant Kunj malls, DLF Promenade and DLF Emporio. The company confirmed both malls have sufficient water supply and have implemented robust contingency measures. Teams are coordinating with authorities to ensure uninterrupted operations, particularly during the ongoing festive season. Delhi Jal Board officials have confirmed that any earlier supply disruptions, linked to water tanker delivery, have now been resolved, highlighting effective collaboration between the malls and local authorities.Read more

16 Oct 2025

ANIIDCO has received strong interest from hospitality developers and investors for 5-star eco-tourism resorts under a PPP model in the Andaman and Nicobar Islands. Projects include Megapode Resort redevelopment and first-time tourism on uninhabited Aves Island, featuring 50 luxury rooms and adventure activities. Additional plans cover 14 more islands, including Long Island, Smith Island, and Shaheed Dweep, with substantial investments. Aligned with the Holistic Development of Islands framework, these projects follow global sustainability standards, aim to attract high-end tourists, create local employment, and position the islands as a global destination for eco-friendly tourism.Read more

15 Oct 2025

Bloom's revenue surged to INR 357.5 crore in FY 2024-25, growing sixfold in three years from INR 58 crore in FY22. EBITDA reached INR 75.01 crore, and PAT stood at INR 15.2 crore. The brand emphasizes capital efficiency, selective hotel onboarding, and a room-focused approach, with 85 per cent of revenue coming from room bookings. After achieving breakeven, Bloom aims to grow revenue and profit steadily at 30-35 per cent annually, with plans to expand from Tier 1 to Tier 2 and Tier 3 cities and scale its portfolio to 25,000 rooms.Read more

15 Oct 2025

Hilton has partnered with MKR Estate Developers to establish the 195-key Hilton Chennai Egmore, part of a mixed-use project with office spaces, set to open in January 2029. The hotel aims to meet growing demand for premium corporate and social hospitality in Chennai. In Uttar Pradesh, Radisson Hotel Group opened the 80-key Park Inn by Radisson Lucknow Vikas Nagar and the 108-key Radisson Hotel Prayagraj. Both groups are strategically expanding in key urban and tier-II markets, reflecting the increasing presence of global hotel brands in India's growing hospitality and tourism sector.Read more