13 Jul 2026

The Leela Palaces, Hotels and Resorts has unveiled The Leela Coorg Forest Sanctuary as the new identity for its recently acquired luxury retreat in Coorg, Karnataka. Spread across a 76-acre estate comprising ancient forests and coffee plantations in the Western Ghats, the property has been repositioned as a nature-led luxury destination. The retreat features 71 villas, a 27,000 sq ft wellness centre, multiple dining venues and curated outdoor experiences. The rebranding forms part of The Leela's portfolio expansion as it marks four decades in the hospitality sector and strengthens its presence in India's luxury leisure market.Read more

13 Jul 2026

UK housebuilder Vistry expects a stronger second half of the year despite forecasting a first-half pre-tax loss of GBP 30 million (USD 40 million). The company has outlined a strategic overhaul led by Chief Executive Adam Daniels, focusing on cost reductions, lower land purchases, a smaller regional footprint and the discontinuation of part-exchange operations to improve profitability and reduce debt. While first-half completions declined to around 6,100 homes due to delays in partner-funded developments, Vistry maintained its full-year adjusted profit guidance of GBP 200 million. The builder also expects to end the year with net cash exceeding GBP 100 million, supported by higher open-market sales, investment partner projects, government affordable housing grants and the impact of its restructuring programme.Read more

13 Jul 2026

India’s global capability centre (GCC) ecosystem continues to expand rapidly, with Tier 2 cities expected to play a bigger role as companies look beyond traditional metro locations. According to the Ministry of Electronics and Information Technology (MeitY), India now hosts more than 2,100 GCCs, generating nearly USD 98.4 billion in revenue and employing 2.36 million professionals. Industry experts said lower operating costs, better employee retention and a growing talent pool are making emerging cities more attractive, although stronger technology ecosystems, infrastructure and policy support will be essential to sustain future growth.Read more

13 Jul 2026

Food Square has expanded its retail footprint with the launch of a 9,000 sq ft gourmet food and lifestyle store on Sindhu Bhavan Road in Ahmedabad. The new outlet marks the company's first expansion outside Mumbai and brings together international grocery products, fresh produce, in-house dining, gifting services and experiential retail under one roof. The store features imported gourmet products, artisanal bakery offerings, curated cheese selections and personalised gifting solutions. Food Square said the expansion reflects Ahmedabad's growing premium consumption market and forms part of its broader strategy to extend its experiential food retail concept to cities across India.Read more

13 Jul 2026

GMR Airports has announced a multi-phase expansion plan for Dr. Babasaheb Ambedkar International Airport in Nagpur, beginning with an initial investment of around INR 300 crore. The first phase will modernise the existing terminal over the next 12–18 months, while subsequent phases will add a new integrated terminal, second runway, cargo infrastructure and Aerocity development. The long-term roadmap aims to increase the airport's annual passenger handling capacity from 3 million to 30 million, with scope for further expansion.Read more

13 Jul 2026

The Centre has urged Global Capability Centres (GCCs) to strengthen investments in skilling, capability development and innovation as artificial intelligence (AI) reshapes business models and workplace requirements. Speaking at the CII GCC Summit in New Delhi in the past week, Chief Economic Adviser (CEA) V. Anantha Nageswaran said the government has introduced policy measures to support the sector, including a simplified transfer pricing safe harbour regime and a framework to encourage GCC expansion into tier-II and tier-III cities. He cautioned that AI is likely to replace routine, repetitive and rule-based tasks, making it essential for businesses to move beyond low-cost execution towards higher-value capabilities. He added that India's long-term competitiveness would depend on continuous innovation, skilled talent and stronger government-industry collaboration.Read more

13 Jul 2026

Tamil Nadu has secured another major clean energy investment with Vikram Solar signing an agreement to establish a Battery Energy Storage Systems (BESS) manufacturing plant at SIPCOT Industrial Park in Gangaikondan, Tirunelveli district. The INR 15,037 crore project is expected to generate 2,670 direct and indirect jobs while strengthening the state's renewable energy manufacturing ecosystem. The investment builds on Vikram Solar's existing manufacturing footprint in Tamil Nadu and reflects the state's continued focus on attracting large-scale green energy and advanced manufacturing projects.Read more

13 Jul 2026

Radisson Hotel Group has strengthened its India expansion strategy by signing 18 new hotels during the first half of 2026, adding more than 2,000 rooms to its development pipeline. The company also unveiled its Vision 2030 plan, which aims to expand its portfolio to 500 hotels across the country over the next five years. With branded hotel demand continuing to rise, Radisson is focusing on emerging cities, leisure destinations and spiritual tourism markets while increasing its presence across India's fast-growing hospitality sector.Read more

13 Jul 2026

Exsim Hospitality Bhd has secured a new contract through one of its subsidiaries for interior design works. The unit has accepted a letter of award from Cosmopolitan Avenue for a project valued at RGT 63.5 million. The latest order is expected to strengthen the company's order book and support its ongoing business activities. Exsim Hospitality has been actively involved in hospitality-related projects, with interior fit-out and design works forming an important part of its operations alongside its broader construction and property-related business.Read more

13 Jul 2026

The Gujarat government has launched the Viksit Gujarat Data Centre Policy 2026-29, aiming to establish the state as India's leading destination for data centres, artificial intelligence and digital infrastructure. Announced in the past week, the policy targets 7.5 GW of data centre capacity and has already attracted interest from 14 hyperscale investors, with the state expecting investments exceeding INR 6 lakh crore in the first phase. Dholera has been identified as the principal development hub, with plans for a large-scale data centre cluster supported by fiscal incentives, infrastructure support and sustainability requirements. The policy mandates that at least 51% of operational electricity must be sourced from renewable energy and requires captive desalination for water supply. Eligible projects will receive capital, interest and power tariff subsidies alongside exemptions on stamp duty, electricity duty and other state levies.Read more

13 Jul 2026

Indonesia expects its proposed international financial centre to attract investments of between IDR 300 trillion and IDR 500 trillion (USD 16.7 billion–USD 27.8 billion), according to a senior Finance Ministry official. Announced in the past week, the project is intended to encourage the establishment of new foreign bank branches and business entities, although the location of the financial hub has yet to be finalised. The Indonesian government is currently deliberating legislation that will govern the project, including its legal framework and tax incentives. Proposals under discussion include full corporate income tax exemptions for eligible businesses and value-added tax (VAT) exemptions on goods and services within the financial centre, as the government seeks to strengthen Indonesia's position as a regional financial hub.Read more

12 Jul 2026

Managed workspace operator Spring House Workspaces has introduced bio-enzyme-based hygiene solutions across its centres through a partnership with BioPure EnzyClean, as companies increasingly incorporate environmental, social and governance (ESG) objectives into workplace operations. Announced in the past week, the initiative aims to reduce the environmental impact of conventional cleaning practices while maintaining workplace hygiene standards. The deployment includes task-specific cleaning solutions for desks, glass surfaces, washrooms and pantry areas to improve operational efficiency and simplify facility management. The move reflects a broader shift among flexible workspace operators towards integrating sustainability, employee well-being and operational efficiency into day-to-day workplace management, as occupiers place greater emphasis on healthier and environmentally responsible office environments.Read more

12 Jul 2026

Star Air has launched a network-wide monsoon sale offering all-inclusive one-way domestic fares from INR 1,799 across its routes. The promotional booking window, which opened earlier this week, will remain available until 6 July, while travel under the offer is valid until 10 October 2026. The discounted fares are available across all booking channels, including the airline's website, mobile application, airport ticketing offices, authorised travel agents and online travel platforms. The airline said the limited-period campaign aims to support affordable business and leisure travel as domestic passenger demand continues to strengthen during the monsoon season.Read more

12 Jul 2026

Institutional investments in Indian real estate reached USD 4.5 billion during the first half of 2026, marking a 50% year-on-year increase and the highest first-half inflows recorded in six years, according to Colliers India. Domestic investors led capital deployment with USD 2.6 billion, accounting for 57% of total investments, while foreign inflows rose to USD 1.9 billion. Office assets attracted the largest share of investment at USD 1.9 billion, supported by strong demand for operational assets. Mixed-use and alternative asset classes also witnessed robust activity, while Chennai, Bengaluru and multi-city transactions emerged as key investment destinations during the period.Read more

12 Jul 2026

TRG The Mall has expanded its retail offering with the launch of a 12,000 sq ft food court, strengthening its positioning as a mixed-use lifestyle destination. The newly opened dining space accommodates nearly 500 guests and houses more than 20 national and international food brands spanning multiple cuisines. According to TRG Group, the development is intended to enhance visitor engagement by integrating shopping, dining and leisure experiences within the mall. The company said the project is also expected to generate employment across hospitality, retail, operations and allied sectors, while creating business opportunities for franchise operators, vendors and service providers. The launch forms part of TRG The Mall's broader strategy to develop integrated commercial destinations that combine retail, entertainment, dining and business activities under one roof.Read more

12 Jul 2026

Nivika Fastigheter AB reported higher earnings for the second quarter, supported by continued growth in rental income. Profit from property management rose 17% year-on-year to SEK 76 million, while total rental income increased 16% to SEK 223 million. The results indicate steady operational performance and sustained income from the company's property portfolio. The company has been focusing on expanding and managing its real estate assets, with recurring rental income continuing to support its financial performance.Read more

12 Jul 2026

IFFCO-TOKIO General Insurance Company Limited has appointed Alpana Singh as Whole-Time Director – Marketing with effect from 1 July 2026. Based at the company's Gurugram headquarters, she will lead the insurer's marketing strategy, strengthen its market position and oversee customer engagement initiatives. Singh joins the company after holding senior leadership roles at Bajaj General Insurance, where she led business expansion, strategic partnerships and bancassurance initiatives. The appointment forms part of the insurer's leadership strengthening efforts as it focuses on business growth, brand development and customer-centric operations across urban and rural markets.Read more

12 Jul 2026

Andhra Pradesh IT Minister Nara Lokesh, during his visit to South Korea, invited BNK Venture Capital to support startups and SMEs in the state through investment mentoring, fund management and consulting expertise. He also encouraged BNK Financial Group to explore infrastructure financing opportunities and consider setting up a branch in Amaravati. The state further strengthened its investment outreach by inaugurating APEX Korea, a dedicated investor facilitation centre in Busan that will support Korean businesses looking to invest in Andhra Pradesh and assist existing investors.Read more

12 Jul 2026

Swedish Logistic Property AB (SLP) reported improved financial performance for the second quarter, with profit from property management increasing 29% year-on-year to SEK 360 million. Profit from property management per share also rose 19% to SEK 1.28. During the quarter, the company recorded positive value changes of SEK 127 million in its investment property portfolio. However, earnings per share stood at SEK 1.34, slightly lower than SEK 1.36 reported in the corresponding period last year, reflecting a marginal decline despite stronger operating performance.Read more

11 Jul 2026

India’s office market recorded a marginal 2 per cent decline in gross leasing during the first half of 2026, with leasing reaching 48 million square feet across the top eight office markets, according to Knight Frank India. While global economic and geopolitical uncertainties affected demand in some cities, leasing activity remained strong, supported by record absorption from Global Capability Centres (GCCs) and co-working operators. Rental values rose across most office markets due to lower vacancy levels, reflecting the continued strength of India’s commercial real estate sector despite a mixed performance across cities.Read more