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

Brevistay addresses safety, privacy and trust concerns as hourly stays gain popularity

10 Feb 2026

Hourly hotel stays are gaining traction in India as travellers seek convenience, privacy, and flexibility. Brevistay, a platform offering such bookings, has strengthened user trust by implementing rigorous hotel verification, clear privacy policies, and flexible payment options. Guests must be at least 18 years old and provide valid ID at check-in. Brevistay addresses check-in issues, refunds, and sensitive bookings, including couple-friendly and interfaith stays, while leaving special requests like celebrations to hotel discretion. Rising adoption reflects changing urban travel preferences and the growing credibility of hourly stays.Read more

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Air India Express moves closer to operating profit under Tata Group ownership

09 Feb 2026

Air India Express is expected to report its first operating profit since being acquired by the Tata Group in 2022, indicating steady improvement in the airline's financial and operational performance. The low-cost carrier's progress is supported by capacity expansion, higher market share, and tighter cost management. The airline is also investing over USD 70 million in aircraft cabin upgrades and standardisation. While the full-year result may still show a loss, the projected operating profit marks a key operational milestone in the airline's ongoing turnaround.Read more

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MATECIA Exhibition 2026 in Kolkata highlights growth in East India's building materials market

09 Feb 2026

The MATECIA Exhibition, held alongside the Surfaces Reporter Architecture Event, wrapped up a successful three-day run in Kolkata, bringing together the architecture, interiors and building materials community from East and Northeast India. Hosted at Biswa Bangla Mela Prangan from 30 January to 1 February 2026, the event saw steady footfall from architects, interior designers, developers, manufacturers and dealers. Spread across 150,000 sq. ft., the exhibition featured over 100 brands and attracted 14,000-16,000 visitors from more than 100 cities and towns. Key highlights included the Surfaces Reporter Salutes awards, India Interior Retailing platform and interactive brand showcases, reflecting the region's growing design and construction momentum.Read more

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Thomas Cook India Q3 profit slips 4% on labour code provision despite higher revenue

06 Feb 2026

Thomas Cook India reported a marginal decline in consolidated net profit for the December quarter, weighed down by a one-time provision linked to the implementation of new labour codes. Net profit fell 3.83% year-on-year to INR 44.87 crore, compared to INR 46.66 crore in the corresponding quarter of the previous financial year. Despite the profit dip, the travel services company recorded steady operational growth, with revenue from operations rising to INR 2,145.68 crore during the quarter. Total expenses also increased, reflecting higher activity levels. Excluding the one-off labour-related provision, the company said profitability remained resilient, with profit before tax showing healthy growth. The performance came amid a challenging global travel environment, underscoring the group's ability to sustain revenue momentum while absorbing regulatory-related costs.Read more

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Indian Hotels Company ties up with Rajdarbar Group for seven Ginger hotels in north India

06 Feb 2026

Indian Hotels Company Limited has entered into a framework agreement with Rajdarbar Group to develop seven Ginger hotels across north India, adding over 1,000 rooms to its portfolio. The partnership covers a mix of greenfield and brownfield projects and has already seen the opening of a 59-key Ginger hotel in Gurugram. Planned locations include Jaipur, Agra, Mathura, Vrindavan, Hisar and Karnal. The hotels will operate under fully fitted lease models, supporting IHCL's asset-light expansion strategy in high-demand regional markets.Read more

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Kochi airport to operate India's first hydrogen-powered buses for passengers

06 Feb 2026

Cochin International Airport Ltd (CIAL) is set to introduce India's first hydrogen-powered buses for passenger movement after entering into an agreement with the Kerala Hydrogen Valley Innovation Cluster Foundation under the National Green Hydrogen Mission. The project involves the deployment of three hydrogen fuel cell electric buses, with financial support capped at INR 2.90 crore per bus and a total project cost of INR 8.7 crore. The buses are expected to be delivered within a year and will be owned and operated by CIAL, supported by a green hydrogen supply facility being developed at the airport.Read more

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IKEA India reports higher losses as revenue dips amid expansion plans

05 Feb 2026

IKEA India reported a significant widening of its total loss to INR 1,325.2 crore in FY25, with revenue from operations falling by 3.33 per cent to INR 1,749.50 crore, according to company filings. Total income, including other sources, declined 3.9 per cent to INR 1,780.10 crore. Advertising and sales promotion expenses rose 14.06 per cent to INR 223.9 crore. The company's total borrowing also increased to INR 8,335.20 crore as it invests in expanding its network through an omnichannel approach, including two new stores in Gurugram and Noida, while FDI approvals near their earlier targets.Read more

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Ventive Hospitality reports strong revenue and profit growth in Q3 FY 2026

04 Feb 2026

Ventive Hospitality Ltd posted strong financial performance in Q3 FY 2026, with consolidated revenue reaching INR 722 crore, up 27% year-on-year, and EBITDA at INR 348 crore, reflecting 25% growth. The hospitality segment led the gains, delivering revenue of INR 565 crore, a 35% increase, and EBITDA of INR 226 crore, up 54%. Indian hotels saw 22% revenue growth with 35% higher EBITDA, while international properties recorded 46% revenue growth and 73% EBITDA growth. Annuity assets contributed INR 128 crore in revenue. Strong ADR, occupancy, and TRevPAR across properties underpinned performance.Read more

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OYO-backed Sunday PropTech acquires eight premium hotel assets, portfolio value estimated at around INR 800 crore

04 Feb 2026

PRISM-backed Sunday PropTech, the asset-owning hospitality arm of OYO, has acquired a portfolio of eight premium hotel properties in India, according to people familiar with the development. While the transaction value has not been officially disclosed, the combined valuation of the assets is estimated at around INR 800 crore. The acquisition has been funded through a mix of debt and equity instruments and marks another step in the company's strategy to build a sizeable owned and managed hotel portfolio across premium and mid-premium segments. The newly acquired properties will be operated under PRISM's brand ecosystem, including Sunday Hotels, Belvilla and other appropriate brands based on asset positioning. The deal underlines Sunday PropTech's continued focus on asset-led growth, as it evaluates further acquisition opportunities to strengthen its presence in India's organised hospitality market.Read more

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Marriott opens 158-key Aravali resort in Delhi NCR as Eco Hotels signs boutique property in Udaipur

03 Feb 2026

Marriott Hotels has expanded its India portfolio with the opening of the 158-key Aravali Marriott Resort & Spa in the Delhi NCR region, strengthening its presence in urban-adjacent resort destinations. The new property is positioned to cater to leisure travellers, social events and corporate gatherings, reflecting Marriott's focus on high-growth markets near major cities. In a separate development, Eco Hotels and Resorts has announced the signing of its first boutique hospitality project in Udaipur, Rajasthan. The 20-key sustainable property marks the company's entry into the boutique segment and aligns with its strategy to grow in high-potential destinations while maintaining a focus on environmentally responsible operations. Together, the two announcements highlight continued investment activity in India's resort and leisure hospitality segment.Read more

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