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

Magicpin launches AI assistant Vera to help restaurants manage demand and operations

07 Apr 2026

Magicpin has introduced an AI assistant named Vera to support restaurants and retailers with real-time insights on order volumes and operational planning. The tool has already onboarded over 1,00,000 businesses during its trial phase. The company advanced the launch in response to an LPG supply disruption affecting food delivery partners across India, offering immediate AI-based support. With an investment of USD 1 million in its AI stack, magicpin aims to improve digital visibility, customer engagement and conversions for small businesses operating on tight margins.Read more

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Construction begins for Crowne Plaza 5-star hotel in Amaravati

05 Apr 2026

Construction has begun on the Crowne Plaza 5-Star Hotel in Amaravati, marking a key step in expanding the city's hospitality infrastructure. Developed by Indrayal Hotels Private Limited and consortium, the hotel will be built on four acres in Shakamuru, featuring 200 rooms and an investment of around INR 300 crore. The project is expected to provide jobs for 500 people. The move reflects APCRDA's ongoing strategy of allocating land and ensuring timely project execution, contributing to the balanced and inclusive development of Amaravati as a modern, well-planned capital city.Read more

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Haworth India hosts women's leadership roundtables across cities to examine workplace design and inclusion in corporate real estate

05 Apr 2026

Haworth India organised a series of women's leadership roundtables in Bengaluru and Hyderabad as part of its Give to Gain initiative, engaging senior professionals from architecture, corporate real estate and project management sectors. The discussions, held as moderated panels, focused on the role of workplace design, mentorship and inclusive policies in improving organisational performance. The initiative, conducted across five cities including Delhi, Mumbai and Chennai, aimed to position inclusion as a business driver rather than a social objective. Participants highlighted the importance of structured support systems, leadership culture and adaptive workplaces in enabling women's participation and leadership across different stages of their careers.Read more

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DMart opens 50,000 sq ft store at Omaxe Connaught Place, marking its largest outlet in NCR

05 Apr 2026

Avenue Supermarts Limited has opened a DMart store at Omaxe Connaught Place in Beta II, Greater Noida, expanding its presence in the National Capital Region with its largest outlet in the region. The store spans over 50,000 sq ft on a single floor and marks DMart's first entry into Greater Noida. The development, which has a total retail footprint of around 12 lakh sq ft, gains a daily-needs anchor aimed at increasing regular footfall. The addition aligns with rising demand for organised retail in emerging urban clusters, supported by residential growth and improving connectivity. It also reflects the relatively low penetration of organised retail in India, estimated at under 15%.Read more

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ITC Hotels opens Storii Jawai boutique retreat in Rajasthan, expanding experiential hospitality portfolio

04 Apr 2026

ITC Hotels Limited has launched Storii Jawai, a 15-key boutique retreat in Rajasthan, marking the 11th property under its Storii brand. Located in the Jawai region, known for its leopard habitat, granite landscapes, and river ecosystem, the project focuses on nature-led and experiential tourism. Developed in partnership with 1st Gate Luxe Pvt. Ltd., the property integrates safari-style accommodation with low-impact design elements such as tented villas, private courtyards, and preserved green zones. The development aligns with the growing demand for boutique and eco-sensitive hospitality formats in emerging leisure destinations. It also reflects increasing investor interest in experiential tourism assets that combine wildlife, culture, and premium accommodation.Read more

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SOTC Travel opens new outlet in Himayath Nagar, taking Hyderabad network to five locations

04 Apr 2026

SOTC Travel has expanded its retail presence in Hyderabad with the launch of a new franchise outlet in Himayath Nagar, taking its total network in the city to five locations. The outlet is positioned in a key commercial and residential catchment with high consumer footfall and connectivity. The company will offer its omnichannel services through the store, including domestic and international holiday packages, group tours, cruises, and travel insurance. The expansion reflects sustained demand for organised travel services in urban markets such as Hyderabad, where consumer preferences are evolving towards experiential and customised travel, alongside continued interest in both leisure and pilgrimage segments.Read more

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IHCL signs 300-key Gateway hotel and convention centre project near Bengaluru airport in partnership with Hombale Group

03 Apr 2026

Indian Hotels Company Ltd (IHCL) has announced the signing of a 300-key greenfield Gateway Hotel and Convention Centre in Kanamangala, near Kempegowda International Airport, Bengaluru. The project is being developed in partnership with the Hombale Group and is positioned to cater to rising demand from corporate and MICE segments in north Bengaluru. The location has seen increased development activity due to airport-led growth and infrastructure expansion. With this addition, IHCL's portfolio in Bengaluru will expand to 20 hotels, including 11 under development. The signing reflects continued hospitality sector interest in airport-driven micro-markets within the city's northern corridor.Read more

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Adani Airports and Blinkit introduce in-terminal quick commerce at Mumbai airport

03 Apr 2026

Adani Airport Holdings has partnered with Blinkit to launch India's first in-terminal quick commerce service at Mumbai's Chhatrapati Shivaji Maharaj International Airport. The service is currently available at Terminal 2 for domestic departures, allowing passengers to order essentials through the Blinkit app and receive deliveries within the airport. Items include travel accessories, snacks, electronics, and personal care products. The move aims to improve passenger convenience and optimise waiting time at airports, while also helping Blinkit expand into high-demand locations with strong consumer intent and frequent usage.Read more

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Marriott International opens 130-room Courtyard by Marriott in Tirupati, expanding presence in spiritual tourism market

03 Apr 2026

Marriott International has opened a 130-room Courtyard by Marriott hotel in Tirupati, Andhra Pradesh, strengthening its footprint in India's religious tourism segment. The property marks the company's entry into one of the country's key spiritual destinations, which attracts consistent year-round visitor demand. The development aligns with Marriott's strategy of expanding into high-demand and emerging travel markets across India. Tirupati's steady influx of pilgrims and tourists makes it a strategic location for hospitality investments, particularly in the mid-scale and upscale segments catering to both domestic and international travellers.Read more

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Hospitality majors expand footprint with new hotel launches and agreements across Gwalior, Kanpur and Delhi

01 Apr 2026

Radisson Hotel Group, Indian Hotels Company (IHCL), and IHG Hotels & Resorts have announced a series of hotel openings and agreements across key Indian cities, reflecting continued expansion in the hospitality sector. Radisson has opened a 50-key property in Gwalior, strengthening its presence in Madhya Pradesh, while IHCL has launched a 104-key SeleQtions hotel in Kanpur, marking the brand's entry into the city. Separately, IHG has signed a management agreement with Eros Group to develop a 216-key InterContinental hotel in New Delhi, scheduled to open post-renovation in 2029. The developments span heritage, commercial, and metropolitan markets, indicating sustained investment in hospitality infrastructure aligned with growing business and leisure travel demand.Read more

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