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

Air India and IndiGo trim domestic flight capacity amid surge in jet fuel prices and operational pressures

29 May 2026

Air India and IndiGo have reduced planned domestic flight operations for the coming months as rising aviation turbine fuel prices and operational disruptions increase cost pressures on airlines. Air India has cut domestic capacity by around 22% for June and July, while IndiGo has scaled back portions of its planned schedule for the summer quarter. The reductions follow a sharp increase in fuel prices linked to geopolitical tensions in West Asia and airspace restrictions affecting airline operations. Industry officials said the cuts could lead to tighter seat availability and higher domestic airfares during the peak travel season.Read more

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IHCL expands South Africa presence with Taj Bush Lodge launch in Greater Kruger

29 May 2026

• Tata Group-owned IHCL has opened the 6-key Taj Bush Lodge in the Big Five Balule Nature Reserve in Greater Kruger, South Africa.
• The property marks Taj’s entry into South Africa’s luxury safari and wildlife hospitality segment.
• IHCL said the lodge is the first of three Taj wilderness lodges planned for the Greater Kruger region.
• The company aims to strengthen its South African hospitality portfolio by connecting Cape Town tourism with Kruger National Park’s wildlife experience.
• The expansion comes amid rising global demand for experiential travel, safari tourism and luxury nature-based stays.
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B J Medical College hostel to be rebuilt at crash-affected site amid memorial demand

Ahmedabad News Desk

28 May 2026

The Gujarat government has announced the reconstruction of the hostel complex of B J Medical College in Ahmedabad, which was severely damaged in a previous Air India crash at the site. The state plans to develop a modern facility at an estimated cost of INR 105 crore, with support from Tata Group, which has agreed to contribute INR 53.12 crore for the damage. However, families of victims have requested that the location be preserved as a memorial space for reflection and remembrance, seeking consultation before any final redevelopment decisions are taken.Read more

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SAMHI Hotels posts strong FY26 profit on portfolio expansion and hospitality demand

27 May 2026

• SAMHI Hotels reported a net profit of INR 566.54 crore for FY26, supported by improved hotel performance, portfolio expansion and sustained travel demand.
• The company continued to strengthen its presence across key business and leisure hospitality markets while expanding strategic partnerships and acquisitions.
• SAMHI also advanced new growth initiatives, including a large hotel project in Navi Mumbai and expansion into experiential hospitality through its investment in RARE India.
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Yatra Online reports decline in Q4 profit amid geopolitical disruptions impacting travel demand

26 May 2026

• Yatra Online reported a decline in quarterly profit and revenue during the March 2026 quarter amid geopolitical disruptions affecting international travel demand.
• The company stated that uncertainty linked to the West Asia conflict impacted MICE travel, leading to booking deferrals and cancellations.
• Despite short-term pressures, Yatra reported growth in gross bookings, corporate demand and operational performance across air travel and hotel businesses.
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Park Medi World acquires Rudrapur hospital for INR 177 crore, enters Uttarakhand market

26 May 2026

• Park Medi World Ltd will acquire 100 per cent stake in The Medicity Hospital, Rudrapur, in an all-cash deal worth INR 177 crore.
• The acquisition marks the company’s entry into Uttarakhand, expanding its presence to six states.
• The Medicity Hospital is a 330-bed multi-super speciality healthcare facility serving Rudrapur and nearby regions.
• Park Medi World said the deal aligns with its strategy to expand in high-potential and underserved healthcare markets.
• The transaction reflects the growing consolidation trend in India’s hospital and healthcare sector.
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Rajasthan to launch India’s first integrated cricket stadium hotel project in Nathdwara

25 May 2026

• The Radisson Blu Hotel Nathdwara Stadium is being developed as India’s first integrated cricket stadium hotel project near Udaipur, Rajasthan.
• The development combines an international-standard cricket stadium with a luxury Radisson Blu hotel offering direct stadium-view rooms and hospitality facilities.
• Developed by the Miraj Group, the project is positioned as a sports tourism, hospitality and events destination targeting cricket, weddings and corporate gatherings.
• The integrated complex is expected to strengthen Nathdwara’s positioning beyond pilgrimage tourism through sports and experiential hospitality infrastructure.
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IHCL brings Golden Dragon restaurant brand to Delhi-NCR with Taj Surajkund launch

25 May 2026

Indian Hotels Company Limited (IHCL) has expanded its iconic Chinese fine-dining brand Golden Dragon to North India with the opening of a new outlet at Taj Surajkund Resort & Spa in Delhi-NCR. The move is part of the hospitality major’s strategy to strengthen its premium food and beverage portfolio amid rising demand for experience-led dining formats. Golden Dragon, which was first launched at The Taj Mahal Palace in Mumbai more than five decades ago, already operates in cities such as Hyderabad, Chennai and Colombo. IHCL said the Delhi-NCR launch aligns with changing consumer preferences and the evolving hospitality market in the region.Read more

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Tea tourism gains momentum as experiential travel trend drives interest in plantation-led getaways across India

24 May 2026

Thomas Cook India and SOTC Travel have highlighted growing consumer interest in tea-inspired experiential tourism across India as travellers increasingly seek nature-led, wellness-oriented and culturally immersive domestic holidays. The companies have curated plantation-focused travel experiences across destinations including Munnar, Darjeeling, Assam, Nilgiris, Palampur and Wayanad. According to the companies, tea tourism is evolving beyond plantation visits into a broader experiential segment combining wellness, heritage, adventure travel and slow-living experiences. The trend reflects increasing demand for domestic travel experiences centred around local culture, nature, sustainability and regional storytelling.Read more

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IHCL signs Tree of Life resort in Wayanad, marks brand’s entry into Kerala

22 May 2026

Indian Hotels Company Limited has announced the signing of a 55-key brownfield Tree of Life resort in Wayanad, Kerala, expanding its presence in the state’s growing leisure hospitality market. The project marks the entry of the Tree of Life brand into Kerala and is being developed in partnership with Saeed Edavankandy. IHCL said the move aligns with its strategy to strengthen its footprint in high-potential tourism destinations across India. With this addition, IHCL’s portfolio in Kerala will increase to 23 hotels, including five properties that are currently under development.Read more

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