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

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

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

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

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

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

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