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

MP restores partial LPG supply to hospitality sector amid ongoing disruptions

26 Mar 2026

The Madhya Pradesh government has allocated limited commercial LPG supplies to the hospitality sector after severe disruptions caused by the West Asia crisis. Hotels and restaurants have been given 9 per cent allocation, while dhabas and street food vendors received 7 per cent. The move follows industry pressure and warnings of shutdowns due to zero supply in recent weeks. Many businesses had already shifted to alternative cooking methods. The Centre has also increased LPG allocation to states, signalling gradual improvement, though the sector continues to face operational challenges.Read more

cover photo

Airline fares increase after removal of price caps, government asks carriers to ensure transparency and fair pricing

25 Mar 2026

Airline ticket prices have risen by up to 10% following the Government of India's decision to remove earlier fare caps that had been regulating pricing limits. With this shift, airlines now have greater flexibility to set fares based on demand and operational factors. Authorities have advised carriers to maintain reasonable and transparent pricing practices to protect passenger interests. The move is aimed at encouraging a market-driven pricing system while ensuring that fare structures remain clear and justified, as the government continues to monitor pricing trends across routes.Read more

cover photo

IndiGo operates limited Gulf services and warns of last-minute schedule changes amid Middle East tensions

25 Mar 2026

IndiGo has announced the operation of select flights to Gulf destinations while cautioning passengers about potential last-minute schedule changes due to escalating tensions in the Middle East. The advisory applies to services operating in the past week, with the airline stating that operations are being conducted in line with safety requirements and regulatory approvals. Travellers have been advised to check flight status before departure and remain updated through official communication channels. The move comes amid continued volatility in regional airspace, which has affected flight schedules across multiple carriers. IndiGo indicated that its teams are working to support passengers and maintain connectivity under evolving conditions, even as uncertainties persist across West Asia routes.Read more

cover photo

IHG signs agreement for 150-key Crowne Plaza resort in Sohna with opening planned by early 2029

24 Mar 2026

IHG Hotels & Resorts has entered into a management agreement with Harisons Hotels & Resorts to develop a 150-key Crowne Plaza Resort in Sohna, located in the National Capital Region. The project is scheduled to open in the first quarter of 2029 and is positioned to cater to both leisure and corporate demand in an emerging hospitality corridor. Sohna has been identified as a growth location due to increasing demand from weddings, social events and expanding business activity. IHG currently operates 51 hotels across six brands in India and has a pipeline of 89 additional properties expected to be launched over the next three to five years, reflecting continued expansion in the domestic hospitality sector.Read more

cover photo

Max Fashion plans nationwide expansion with 40–50 new stores, strengthens Chennai presence with latest launch

24 Mar 2026

Max Fashion has outlined plans to open 40-50 stores across India over the next year while targeting 100 outlets in Tamil Nadu within two years. The retailer recently launched its 34th store in Chennai and 71st in the state, reinforcing its focus on high-growth urban markets. The new outlet in Valasaravakkam spans 14,000 sq ft and reflects the brand's updated store format featuring dedicated sections for men, women and children. The company views Chennai as a key market for expansion due to its strong consumer base and evolving fashion demand. The expansion strategy includes both new store openings and upgrades to existing outlets to align with the new retail format.Read more

cover photo

Thomas Cook India approves demerger of resort business into Sterling Holiday Resorts, plans separate listing

24 Mar 2026

Thomas Cook India Ltd has approved an in-principle proposal to demerge its resorts and resort management business into Sterling Holiday Resorts Ltd (SHRL), enabling a potential independent listing of the subsidiary. The move includes transferring the company's Nature Trails resort portfolio into SHRL and restructuring its capital base. Shareholders of Thomas Cook India will receive 0.81 shares of SHRL for every one share held. The restructuring also involves a share consolidation and is subject to regulatory approvals, including from the National Company Law Tribunal. The company stated that the demerger is aimed at streamlining operations and improving earnings per share while allowing SHRL to operate as a separate listed hospitality entity.Read more

cover photo

India’s student housing penetration remains below 2% despite rising demand: Hive Hostels CEO

24 Mar 2026

India's purpose-built student accommodation (PBSA) sector remains significantly underpenetrated, with less than 2 per cent market penetration despite a growing and mobile student population, according to Hive Hostels CEO. The country has over 43 million students in higher education, including more than 10 million who migrate across cities, yet most rely on informal housing options due to limited organised supply. In contrast, mature markets such as the US and UK report PBSA penetration levels of 35-40 per cent. The gap is attributed to a lack of institutional-grade infrastructure rather than demand, indicating strong potential for developers and operators to scale organised student housing solutions.Read more

cover photo

Mahindra Holidays adds 159 rooms with new resort launches in Maharashtra and Madhya Pradesh

23 Mar 2026

Mahindra Holidays & Resorts India Ltd has expanded its hospitality portfolio with the addition of 159 rooms through the launch of two new resorts Club Mahindra Amba Ghat in Maharashtra and Club Mahindra Bandhavgarh in Madhya Pradesh. The development forms part of the company's expansion strategy to add 1,000 rooms in FY26 and scale its total inventory to 12,000 keys by FY30. The new properties strengthen the company's presence in western and central India, while aligning with rising demand for nature-led and experiential travel destinations. The move reflects continued investment in leisure infrastructure across emerging tourism locations in the country.Read more

cover photo

PBP Eco Aqua secures RFQ for in-house water bottling across Radisson and Sarovar hotels in India

23 Mar 2026

PBP Eco Aqua, a provider of in-house water bottling plant solutions, has secured an RFQ to supply systems across the Radisson Hotels and Louvre Hotels (Sarovar) portfolio in India. The mandate spans a growing network, with Radisson operating over 200 hotels and aiming for 500 by 2030, while Louvre Hotels continues to expand under the Sarovar brand. The company, known for its turnkey solutions, has worked with over 100 clients across multiple cities. The rollout is planned to begin in April 2026 under a phased implementation approach focused on scalability and operational efficiency.Read more

cover photo

Air India, Air India Express restart 48 West Asia flights as partial connectivity resumes

23 Mar 2026

Air India and Air India Express have resumed and expanded their flight operations to West Asia, operating a total of 48 services as airspace restrictions in the region ease. The flights include both scheduled and non-scheduled operations, supporting connectivity to key destinations such as Dubai. The resumption follows earlier disruptions caused by ongoing geopolitical tensions. While some routes remain suspended, the airlines are gradually restoring services based on regulatory approvals, passenger demand, and evolving operational conditions in the region.Read more

cover photo