19 Jan 2026

Air India has cancelled at least three flights to the United States after Iran temporarily closed its airspace amid rising tensions with the US, affecting international flight routes. Two flights from Delhi to New York and Newark, and one from Mumbai to New York were called off. Flights over the region that could be rerouted now follow longer paths via Iraq, causing delays. Other carriers, including IndiGo and SpiceJet, also reported disruptions on flights to Europe, CIS countries, and Turkey. Airlines are managing operations amid regional airspace restrictions.Read more

19 Jan 2026

Navi Mumbai International Airport has achieved a major milestone by crossing 1 lakh passengers within 19 days of starting commercial flights. Handling over 1,09,900 passengers, the airport's busiest day saw 7,345 travelers. During this period, 734 flights operated, including general aviation movements, while more than 79,000 pieces of baggage were processed. Cargo operations began simultaneously, with 22.21 tonnes handled. Delhi, Goa, and Bengaluru emerged as the top destinations. The airport is gradually scaling operations, supported by modern infrastructure and efficient processes to meet the growing travel demand.Read more

19 Jan 2026

Cencosud plans to invest USD 600 million in 2026, focusing on new store openings, shopping center expansions, and real estate projects. About 20 outlets are expected to launch this year, primarily supermarkets, including 17 traditional stores and seven Fresh Market outlets in the U.S. Investments will also support digital transformation, e-commerce growth, retail media, and logistics. The company anticipates revenue of USD 18.41 billion and adjusted EBITDA of USD 1.82 billion, with strong margins in Chile, Peru, and the U.S., driven by operational improvements and strategic expansion.Read more

17 Jan 2026

Mattel has launched its first Autistic Barbie doll in India, expanding the Barbie Fashionistas range with a focus on inclusion and representation. Developed over 18 months with the Autistic Self Advocacy Network, the doll features thoughtful design elements such as articulated arms, averted eye gaze, sensory-friendly clothing, noise-cancelling headphones, a fidget spinner, and an AAC communication tablet. The launch is supported by Indian autism advocates and creators to promote awareness and lived experiences. Priced at INR 799, the doll will be available from January 2026 across retail and e-commerce platforms. A portion of sales will support the India Autism Centre, reinforcing Mattel's commitment to inclusive play.Read more

16 Jan 2026

Oriental Hotels Ltd reported a 15 per cent rise in revenue to INR 140.56 crore for the October-December quarter, supported by strong demand in Chennai and Cochin. EBITDA increased to INR 43.35 crore, while Profit After Tax grew 45 per cent to INR 20.23 crore compared with the previous year. CEO Pramod Ranjan indicated that the strong demand trend is expected to continue, ensuring double-digit revenue growth. With seven hotels across metro and leisure destinations, the company benefits from strategic locations and a diversified hospitality portfolio.Read more

16 Jan 2026

IHCL has acquired a 51 per cent stake in Brij Hospitality for INR 193 crore, taking ownership of the boutique leisure brand Brij. The acquisition adds 11 operational hotels and 11 in development, totaling around 295-300 keys. Brij Hotels operates 22 properties and is known for personalized, culturally immersive experiences in offbeat locations such as Jaipur, Varanasi, Ranthambore, the northeast, and Goa. IHCL’s portfolio now stands at 610 hotels with 253 in the pipeline. Brij’s co-founders also plan international expansion, with properties in Nepal and potential opportunities in Sri Lanka.Read more

16 Jan 2026

ITC Hotels has expanded its hospitality footprint in Uttarakhand with the opening of Welcomhotel by ITC Hotels, Madhuban Dehradun. The newly launched property has 73 rooms and is operated under a management contract, in line with the company's asset-right growth strategy. The development reinforces ITC Hotels focus on growth through managed assets rather than owned properties. Dehradun's position as a gateway to Uttarakhand, along with its growing appeal among business and leisure travellers, has been cited as a key factor behind the expansion. The opening adds to ITC Hotels portfolio in the state and reflects its ongoing strategy of strengthening presence in strategically important locations.Read more

16 Jan 2026

ITC Hotels Ltd has been allotted land on a long-term lease at Yashobhoomi, Dwarka, to develop a premium five-star hotel focused on business travellers, conventions and global events. The 3,648 sq metre plot has been leased for 91 years at a premium of INR 326.50 crore by India International Convention and Exhibition Centre Ltd. The hotel will feature luxury accommodation, modern banqueting spaces and signature dining options, supporting Yashobhoomi's growing role as a major MICE destination in Delhi-NCR. With strong demand from trade shows and conferences, the project will strengthen ITC Hotels existing footprint in the region and enhance hospitality infrastructure around the convention hub.Read more

15 Jan 2026

Akasa Air has become a member of the International Air Transport Association (IATA) after completing the mandatory IATA Operational Safety Audit, a key global benchmark for airline operations and safety. The move places Akasa Air among more than 360 airlines worldwide that are part of the association. With this, the carrier becomes the fifth Indian airline to join IATA, alongside Air India, Air India Express, IndiGo and SpiceJet. The membership reflects Akasa Air's operational maturity since starting services in 2022 and aligns it with international aviation standards.Read more

15 Jan 2026

Indian Hotels Company Ltd (IHCL) has announced its entry into Tuticorin, Tamil Nadu, with the signing of a 100-key greenfield Ginger hotel, strengthening its footprint in the state's growing hospitality market. The move reflects rising long-stay demand driven by industrial and infrastructure-led growth in the region. Separately, Sampark Foundation has unveiled plans to invest INR 25 crore to improve learning outcomes in government schools across eight Indian states. The initiative will include the rollout of an AI-based, real-time classroom monitoring and governance platform across nearly 80,000 schools. Together, the two developments highlight parallel investments in India's urban infrastructure and social development landscape.Read more