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8 hours ago
IndiaMART InterMESH Ltd reported a steady financial performance for the first quarter of FY27, driven by growth in its core business and accounting software segment. The company's net profit and revenue both recorded double-digit year-on-year growth, while expenses also increased in line with business expansion. Total income crossed INR 521 crore during the quarter, supported by higher operational revenue and other income. The results reflect continued demand for the company's digital B2B marketplace and related software offerings.Read more
23 Jul 2026
Youthville has expanded its student housing portfolio with the launch of its 11th property, a girls' hostel in Mumbai's Vile Parle. The new facility strengthens the company's presence in Mumbai and Pune as it works towards its target of operating 15,000 beds over the next five years. Located near major educational institutions, the property offers professionally managed accommodation with modern amenities and security features. The expansion reflects the growing demand for organised student housing in India's key education hubs, where students increasingly prefer managed living spaces over conventional hostels and rented accommodation.Read more
23 Jul 2026
Goa Tourism has reviewed a series of initiatives aimed at strengthening the state's position as a year-round tourism destination. The plans include a proposed partnership with TUI Group to improve Goa's visibility in Europe, large-scale celebrations for World Tourism Day 2026, and the promotion of sports tourism through international events. The state is also focusing on digital transformation, sustainability, stakeholder collaboration and community participation as part of its long-term tourism strategy to attract diverse visitor segments and strengthen its global presence.Read more
22 Jul 2026
Borosil has expanded its offline retail presence by launching its first exclusive brand stores in Pune and Gurugram as part of its long-term omnichannel strategy. The company plans to open more company-owned outlets in key cities before expanding through a franchise-led model across India. The stores showcase Borosil's complete range of kitchen, dining, home and lifestyle products in one location, allowing customers to experience products before purchase. Borosil is also evaluating opportunities to enter markets such as Mumbai and Bengaluru as it strengthens its premium retail presence.Read more
22 Jul 2026
Morocco is planning to add 60,000 hotel beds before the 2030 FIFA World Cup as part of a broader strategy to strengthen its tourism sector and improve visitor infrastructure. The expansion will increase the country's hotel capacity by around 20% while complementing large-scale investments in transport, airports, stadiums and urban infrastructure. After becoming Africa's most visited destination last year, Morocco is now targeting 26 million tourists by 2030 by expanding air connectivity, promoting new destinations and positioning Rabat as a major cultural, sports and business hub.Read more
22 Jul 2026
Reliance Retail Ventures reported a decline in net profit for the first quarter of FY27 despite recording steady revenue growth and higher customer engagement. The company attributed the fall in profitability to continued investments in digital commerce and supporting infrastructure, which increased fixed costs and impacted margins. During the quarter, the retailer expanded its store network, added millions of new customers, and recorded a sharp rise in transactions, reflecting continued demand across its physical and digital retail formats.Read more
21 Jul 2026
Mizoram has positioned itself as an emerging destination for event tourism, highlighting its natural landscapes, improving connectivity and government support for the sector. During a regional summit in Guwahati, the state invited event management professionals to consider Mizoram for large-scale events. The government said event tourism could create jobs and boost local economies while showcasing the state's attractions and tourism calendar. Officials also highlighted improved rail and air connectivity, which has enhanced accessibility and strengthened Mizoram's readiness to host major tourism and entertainment events.Read more
21 Jul 2026
Indian Hotels Company Ltd (IHCL) and Prism, the parent company of travel technology firm OYO, emerged as the only hospitality companies among the top 10 firms in the 2026 GROHE-Hurun India Real Estate 150 rankings. The report highlighted hospitality as one of only two real estate segments to record valuation growth during the year, alongside retail. Prism more than doubled its valuation to INR 67,200 crore, while IHCL reached INR 93,300 crore. The rankings also showed hospitality's growing presence in India's real estate sector, with 24 companies collectively valued at INR 2.85 lakh crore, supported by Prism's growth and the entry of ITC Hotels following its demerger.Read more
21 Jul 2026
India should now place greater emphasis on enhancing the quality of tourist experiences rather than focusing only on increasing visitor numbers, Union Tourism Minister Gajendra Singh Shekhawat said while addressing the FAITH Conclave in New Delhi earlier this week. He highlighted the need to strengthen visitors' connection with India's cultural heritage so they leave with a deeper understanding of the country's civilisation. The minister said a better travel experience could encourage international tourists to become long-term ambassadors for India, supporting the country's tourism growth through positive global word-of-mouth.Read more
20 Jul 2026
The Grand Cliff Resort in Munnar has received the Government of India's 5-star classification after undergoing a detailed evaluation of its facilities, service standards, operations, sustainability practices and guest experience. The recognition places the property among Kerala's highest-rated hospitality destinations. Along with its luxury offerings, the resort has also focused on responsible tourism, gender-inclusive initiatives, environmental conservation and community development. It has hosted international events and dignitaries, while continuing to promote sustainable tourism and local cultural preservation in the Munnar region.Read more