02 Sep 2025

Star Localmart, the retail arm of Sanjay Ghodawat Group, has acquired Bengaluru-based DusMinute, a gated community retail chain, for an undisclosed amount. The deal adds 40 outlets to its network, boosting its footprint to 170 stores, making it the largest regional retail player in Karnataka. The company, already eyeing revenue of INR 5,000 crore in the next five years, has plans to scale up to 3,000 stores by 2030 across multiple states.Read more

30 Aug 2025

Nexus Seawoods Mall in Navi Mumbai is preparing to host Onam Opulence in collaboration with Seawoods Malayali Samajam this coming weekend. The event will feature a nine-metre floral Pookalam crafted from nearly 250 kg of flowers, alongside an array of Kerala's cultural performances including Thiruvathirakali, Mohiniyattam, Kathakali, Poothappattu and Chenda Melam. Mythological characters will join the festivities through a traditional procession, culminating in a grand fusion finale that celebrates Kerala's heritage.Read more

29 Aug 2025

Indian Hotels Company Ltd (IHCL) announced the signing of a 125-key greenfield Ginger hotel in Satara, Maharashtra, earlier this week. The company highlighted Satara's growing prominence as a hub for education, healthcare, and business, which has driven consistent demand for hospitality services. With this signing, IHCL has further strengthened its Ginger brand and will now have 43 hotels in Maharashtra, of which 16 are still under development.Read more

27 Aug 2025

ITC Hotels announced the signing of definitive agreements with Silvercastle Holidays and Resorts for the launch of its boutique brand, Storii by ITC Hotels, in Wayanad. The upcoming 62-room property, named Storii by ITC Hotels Wayanad Silverwoods, will be situated alongside the Banasura Sagar Dam. The agreement strengthens ITC Hotels' presence in Kerala and expands the reach of its boutique offering, marking Storii's debut in the state.Read more

27 Aug 2025

PVR INOX, India's largest cinema exhibition company, has signed a 15-year lease for a 10-screen megaplex at the new Sky City Mall in Borivali, Mumbai. The company will pay a monthly rent of INR 91.42 lakh or a 20% share of its revenue, whichever is higher, and has paid a security deposit of INR 10.97 crore. The megaplex, which is part of a larger mixed-use development by Oberoi Realty, aims to reinforce Mumbai's position as a cornerstone market for the company and create a "lifestyle-centric experience" for modern audiences.Read more

26 Aug 2025

Amazon India has expanded its 'Project Ashray' by adding 40 new rest centres for delivery associates, taking the total to 65 across 13 cities, including 24 in Delhi-NCR. These centres offer air-conditioned seating, washrooms, mobile charging points, drinking water, and first-aid kits and are open to delivery partners across the e-commerce and logistics ecosystem. Operating daily from 9 AM to 9 PM with free access for up to 30 minutes, the initiative coincides with Amazon creating over 150,000 seasonal jobs across more than 400 cities, including positions for women and persons with disabilities, ahead of the festive season.Read more

26 Aug 2025

Indian Hotels Company Ltd (IHCL) is looking at strategic acquisitions to expand its presence in key markets and enter new destinations in Europe and Southeast Asia. With a strong, zero-debt balance sheet and a cash balance of INR 3,073 crore, the company is well-positioned to pursue these opportunities. This move is part of IHCL's 'Accelerate 2030' strategy, which has set a target of over 700 hotels in its portfolio by 2030. The company's focus is on acquiring controlling stakes in smaller firms and integrating them into its midscale and boutique luxury segments, strengthening its global footprint without acquiring physical assets for its premium brand, Taj.Read more

22 Aug 2025

IHCL is investing up to INR 5 crore in the redevelopment of Chotelal Ki Ghat in Kolkata, a historic site along the Hooghly River built in the 1870s. Supported by INTACH, the project focuses on restoration, conservation, landscaping, and beautification, in line with the Namami Gange Programme and Swachhata initiatives. Executives from IHCL and Syama Prasad Mookerjee Port emphasized enhancing the ghat's cultural significance and community engagement. The collaboration is part of a larger effort to revive heritage sites through private-public partnerships, aiming to make Chotelal Ki Ghat a prominent cultural and tourist destination.Read more

22 Aug 2025

The Swedish home furnishing giant IKEA is projecting a sales growth of over 10% for its India business in the financial year 2025. This robust forecast is part of a strategic shift by the company to accelerate its expansion after a period of slower growth during the pandemic. To achieve this, IKEA is adopting a new multi-format approach, which includes opening a mix of traditional large stores, city stores, and a new format of smaller outlets ranging from 2,000 to 5,000 square feet. The company's focus is on enhancing its presence and affordability in the Indian market by establishing low-cost fulfillment and logistics operations.Read more

22 Aug 2025

The Deloitte FICCI report reveals that India's retail market, which stood at USD 1.06 trillion earlier this week, is expected to grow at a 10 percent annual rate to reach nearly USD 1.9 trillion by the end of the decade. Domestic demand, a vital buffer against global shocks combined with rising digital adoption, premiumisation, quick commerce, and D2C growth, is reshaping the landscape. Gen Z's spending power, preference for "Made in India", and strong performance beyond major metros are fueling confidence and innovation across retail and FMCG sectors.Read more