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03 Feb 2026
IHG Hotels & Resorts has signed a management agreement with Rajdeep Infra and Sales for the development of a 135-key voco-branded hotel in Lucknow, marking another addition to its premium portfolio in India's state capitals. The upcoming property reflects IHG's focus on cities witnessing strong administrative, educational and business-led growth. The hotel is scheduled to open in the third quarter and will strengthen IHG's presence in Uttar Pradesh, where demand for branded hospitality continues to rise. Separately, State Bank of India has announced financial support of INR 2.1 crore towards healthcare initiatives across several districts in Maharashtra. The contribution will fund medical infrastructure and hygiene-related interventions, including the donation of a cardiac ambulance and installation of essential public health facilities.Read more
02 Feb 2026
Indian Railways has outlined plans to develop a longer 24-coach Vande Bharat sleeper train to meet rising demand for premium overnight travel on busy long-distance routes. The move follows positive passenger feedback from the recently introduced 16-coach sleeper variant, which offers 823 berths. The new configuration, to be manufactured at the Integral Coach Factory in Chennai, will increase capacity to 1,224 berths per train and include a dedicated pantry car, improved onboard facilities and advanced safety systems, with the prototype targeted for completion in 2026.Read more
01 Feb 2026
Casagrand has expanded its corporate social responsibility footprint with the launch of an affordable diagnostic centre in Chennai under the Casagrand Foundation banner. Located in Besant Nagar, the not-for-profit facility aims to make essential diagnostic and preventive healthcare services accessible to wider sections of society, particularly construction workers and low-income communities facing rising medical costs. The centre offers over 100 diagnostic services, including blood tests, ECGs, X-rays, CT scans and comprehensive health check-ups, at prices roughly one-third of prevailing market rates. With blood tests starting at INR 50 and CT scans priced at INR 900, the initiative seeks to address gaps in affordability and long waiting periods at government hospitals. The facility is equipped with automated laboratories, modern imaging technology and trained medical professionals.Read more
31 Jan 2026
HOSMAC has designed and developed Cipla's newly inaugurated Breathefree Lung Wellness Centre in Mumbai, strengthening the pharmaceutical major's focus on integrated and preventive respiratory healthcare. Spread across about 8,000 sq. ft. in Prabhadevi, the single-level facility has been conceived as a one-stop destination for lung diagnostics and wellness services. Inaugurated on 26 January 2026, the centre reflects a wellness-led design philosophy that departs from conventional clinical environments. HOSMAC delivered a comprehensive turnkey solution covering medical space planning, MEP design and interiors, ensuring regulatory compliance and patient-centric efficiency. Notably, the project involved adaptive reuse, with a former banquet hall transformed into a fully functional healthcare facility. The centre builds on Cipla and HOSMAC's earlier collaboration in Delhi and underlines a shared focus on accessible, sustainable and human-centric respiratory care.Read more
31 Jan 2026
Southern Railway has announced a scheduled halt for the Chennai Bengaluru Double Decker Express at Tiruvallur railway station, responding to long-standing commuter demand from the suburban region. Although the halt has come into effect from earlier this week, passengers are currently unable to book tickets to or from Tiruvallur as the station has not yet been updated in the Passenger Reservation System. Railway officials have stated that such system updates usually take a few days. Commuters have also flagged unresolved ticket printing issues following a recent reservation system upgrade.Read more
30 Jan 2026
Mahindra Holidays & Resorts India Ltd reported a 96 per cent year-on-year decline in consolidated profit after tax to INR 1.4 crore in the third quarter, primarily due to a one-time expense linked to new labour codes. Revenue from operations increased to INR 752.7 crore, supported by strong growth in the India resort business. Expenses rose sharply, including an exceptional charge of INR 11.06 crore. While the India standalone business posted profit growth, weak performance in European operations affected consolidated results.Read more
30 Jan 2026
Brigade Hotel Ventures Ltd. reported a consolidated net profit of INR 21.72 crore for the December quarter, more than doubling from INR 9.62 crore last year. Revenue from operations rose to INR 138.76 crore, while expenses edged up to INR 114.06 crore. Growth is expected to be driven by existing hotels, food and beverage enhancements, and new properties including Grand Mercure Ahmedabad GIFT City and ibis Styles Mysuru. With nine upcoming hotels in the luxury and upscale segments, the company is expanding and diversifying its portfolio, positioning itself for sustainable growth in India's post-pandemic hospitality market.Read more
30 Jan 2026
Khapri railway station, on the outskirts of Nagpur, is set for a major INR 4 crore infrastructure upgrade by Central Railway to improve safety, comfort, and basic commuter amenities. The project will refurbish all three platforms, strengthen roofing, and install proper drainage systems to prevent waterlogging. Circulation zones will be resurfaced with paver blocks, and structural steel works will be carried out for long-term durability. Electrical panels and upgraded water supply systems with CPVC pipelines, brass fittings, and stainless steel basins will support better functionality and hygiene, addressing long-standing deficiencies.Read more
30 Jan 2026
Pride Hotels, one of India's established hospitality companies, has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering, aiming to raise INR 1,000 crore. The issue comprises a fresh equity component and an offer for sale by promoters and promoter group shareholders. Proceeds will be used for renovation of existing properties, debt repayment, and general corporate purposes. The company currently operates 34 hotels across major cities and resorts, and plans to list its shares on both BSE and NSE.Read more
29 Jan 2026
The Phoenix Mills Ltd reported a 4 per cent rise in its consolidated net profit for the October-December quarter of the 2025-26 fiscal year, reaching INR 275.79 crore from INR 264.76 crore a year earlier, according to a regulatory filing. Total income for the period increased to INR 1,168.47 crore from INR 1,005.52 crore as retail and commercial activity continued. For the first nine months through December, net profit and total income also grew compared with the previous year, reflecting consistent demand across its retail-led mixed-use property portfolio.Read more