11 Nov 2025

V-Mart Retail Ltd narrowed its net loss to INR 8.87 crore in Q2, a significant improvement from INR 56.51 crore in the same quarter last year. Revenue from operations rose to INR 806.87 crore, mainly driven by a strong growth in retail trade revenue, which increased to INR 800.32 crore. Total expenses also rose, while digital marketplace revenue declined. The results indicate that physical retail channels remain strong, and the company's strategies to expand stores and improve operations are yielding positive effects despite challenges in its online segment.Read more

11 Nov 2025

Radisson Hotel Group has entered into an agreement with Hill Crest Hotels and Resorts to develop a 350-key Radisson Collection Hotel near the upcoming Navi Mumbai International Airport. The project, expected to commence operations in 2028, marks the debut of the luxury lifestyle brand in Maharashtra. The development will expand the group's regional portfolio to around 646 keys by 2028. The company's leadership expressed optimism about strong growth in transit and corporate travel, anticipating significant demand for both premium accommodation and MICE facilities in the emerging airport corridor.Read more

10 Nov 2025

Trident Realty has launched its latest luxury residential project, Central Vista, in Panchkula, aiming to generate about INR 1,200 crore in revenue. The project features 199 residential plots and is part of the developer�s 200-acre integrated township, Trident Hills. The company has already delivered over 500 units within the township. Recently, Trident Realty also partnered with DLF Ltd to co-develop a premium housing project in Mumbai. Founded in 2008, the developer has completed over 20 million sq ft of projects and has nearly 11 million sq ft under construction. The new launch reinforces Trident Realty�s growing presence in India�s high-end housing market.Read more

10 Nov 2025

IHCL has announced the signing of a 151-key Taj hotel on Chennai's ECR, a greenfield project developed in partnership with MGM Healthcare. The move targets Chennai�s growing corporate, IT, and automobile-driven demand, as well as leisure travel and MICE events. With this addition, IHCL�s portfolio in the city will rise to 16 hotels, including six under development. The project strengthens the company�s strategic presence in South India, providing travellers with more options while reinforcing its position in a competitive and growing hospitality market.Read more

09 Nov 2025

Imagicaa Next, a wholly-owned subsidiary of Imagicaaworld Entertainment, has collaborated with Dubai-based Hello Park to introduce India's first immersive digital-physical playground experience. The partnership, set in an asset-light and in-city format, will focus on establishing centres in malls and other high-footfall areas. This venture grants Imagicaa Next exclusive rights to bring Hello Park to India, aiming to blend family entertainment with experiential learning. The collaboration also emphasises scalability and alignment with Imagicaaworld's existing outdoor park ventures.Read more

08 Nov 2025

The operator of the Navi Mumbai International Airport (NMIA) and Apollo Hospitals have signed an agreement to deliver round-the-clock medical services for both airport staff and passengers. Apollo Hospitals will establish multiple 24x7 medical centres at Terminal 1, with emergency medical support and disaster-management facilities staffed by Advanced Cardiovascular Life Support-certified professionals. Two fully equipped intensive-care ambulances will be stationed on-site, and 65 automated external defibrillators will also be placed throughout the terminals. Commercial flight operations at NMIA are expected to begin shortly.Read more

07 Nov 2025

The Leela Palaces, Hotels and Resorts has expanded its footprint in Rajasthan by announcing a management agreement with The Godwin Group for its first Desert Resort and Spa in Jaisalmer. Spanning 30 acres, the upcoming 80-room property will be branded as The Leela Jaisalmer and is expected to open in 2026. Strategically located near the iconic Jaisalmer Fort, the resort will feature luxury rooms, tented villas, a spa, multiple dining spaces, and event venues, reinforcing The Leela's presence in India's premier leisure and cultural destinations.Read more

05 Nov 2025

The Belgium-based Radisson Hotel Group is targeting a portfolio of 500 hotels and a workforce of 50,000 people in India by 2030. The company currently has just over 200 properties there and around 17,000 employees. In the next few years it aims to grow its hotel count to 250-260 by 2026, focusing on tier-II to tier-IV cities and airport hotels. Branded residences will remain a secondary model for the next five years, not the main focus.Read more

04 Nov 2025

Realty developers Parsvnath Developers and Unity Group are set to earn an annual rental income of around INR 120 crore from their newly launched shopping mall, Unity One Elegante, located at Netaji Subhash Place in Delhi. The mall, built through an equal joint venture between the two firms, has a total leasable area of 5 lakh square feet and has achieved full occupancy. Developed on land leased from the Delhi Metro Rail Corporation (DMRC), the venture will pay approximately INR 20 crore annually as lease rent to DMRC.Read more

31 Oct 2025

Air India Express will begin operations from the upcoming Navi Mumbai International Airport (NMIA) with five daily flights connecting major metro cities Delhi, Bengaluru, Chennai, Hyderabad, and Kolkata. The airline plans to expand to 20 daily departures after initial operations begin. In September, the airline announced 40 daily domestic flights in its first phase, connecting 15 cities. The Air India group aims to increase NMIA operations to 55 daily departures by mid-2026, including up to five international flights, and further to 120 daily departures and 60 arrivals by winter 2026.Read more