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

Marriott, CG Hospitality sign pact for three luxury hotels in India and Nepal

10 Jun 2026

Marriott International has entered into a multi-property agreement with CG Hospitality Global to develop three luxury hotels across India and Nepal, strengthening its expansion strategy in South Asia. The partnership will add nearly 450 rooms to Marriott’s regional portfolio by 2031 through the development of The Ritz-Carlton Kathmandu, The Westin Kathmandu and JW Marriott Hotel Siliguri in West Bengal. The projects are aimed at tapping growing demand in key hospitality markets across the region. CG Hospitality Global, part of CG Group Global, brings extensive regional expertise and operates a portfolio of more than 220 hotels and resorts across 12 countries. The agreement reflects continued investment activity in South Asia’s premium hospitality segment.Read more

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SpiceJet to add three Airbus A320 aircraft on damp lease, brings Boeing 737 MAX back into service

09 Jun 2026

SpiceJet has announced plans to strengthen its fleet by adding three Airbus A320 aircraft on a damp lease arrangement next month. The airline has already finalised the lease agreement for the narrowbody planes as part of its ongoing fleet expansion strategy. In addition, SpiceJet has reintroduced a Boeing 737 MAX aircraft into commercial operations after bringing it back from the ground. The move is aimed at meeting rising passenger demand during the peak travel season, while also improving operational flexibility and supporting the airline’s domestic and international network requirements.Read more

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Ixigo acquires majority stake in Brevistay for INR 65.69 crore

09 Jun 2026

Travel booking platform ixigo has approved the acquisition of a 54.66 per cent stake in flexible-stay hotel network Brevistay for a total investment of INR 65.69 crore. The transaction, announced in the past week, will be completed through a combination of primary and secondary share purchases, subject to customary conditions. Following the acquisition, Brevistay will become a subsidiary of ixigo. The move is aimed at strengthening ixigo’s presence in India’s accommodation segment and expanding its hotels business. Founded in 2016, Brevistay operates a flexible-stay model that allows short-duration and overnight hotel bookings. The combined network of the two companies will comprise more than 10,000 directly contracted hotels across the country, providing greater scale and wider market reach.Read more

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Vibez Estates ties up with Sarovar Hotels for 40-acre Sakleshpur hospitality project

09 Jun 2026

Vibez Estates has signed a hospitality management agreement with Sarovar Hotels for Vibez Sarovar Premiere, a 40-acre hospitality development in Sakleshpur, Karnataka. Located amid the Western Ghats and surrounded by coffee plantations and hill landscapes, the project will comprise a five-star hotel and villa development and is scheduled to open in 2028. The partnership combines Vibez Estates’ experience in managed land and plantation assets with Sarovar Hotels’ operational and distribution capabilities. The development comes as Sakleshpur continues to attract increasing visitor interest due to its natural surroundings, plantation tourism offerings and improving connectivity to Bengaluru and Mangaluru. The project is expected to add organised hospitality capacity to the region’s growing tourism and leisure ecosystem.Read more

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ITC Properties unit signs MoU with China Unicom Hong Kong for data centre resources

08 Jun 2026

ITC Properties Group Ltd has announced that one of its subsidiaries has entered into a memorandum of understanding (MoU) with China Unicom Hong Kong to secure data centre resources as part of its expansion plans. Under the agreement, China Unicom Hong Kong will provide at least 6 megawatts (MW) of internet data centre (IDC) resources within nine months. The MoU will remain valid for 36 months, while the subsidiary aims to obtain between 8 MW and 10 MW of IDC resources for sublease. The move reflects growing demand for data centre infrastructure and related services in the region.Read more

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IHG signs deal to develop 350-key InterContinental hotel in Mumbai’s Goregaon

08 Jun 2026

IHG Hotels & Resorts has signed a management agreement with Zon Hotels (Mumbai) Private Limited to develop InterContinental Mumbai Goregaon, strengthening its luxury hospitality presence in Mumbai. Scheduled to open in the first quarter of 2030, the 350-key hotel will be located in Goregaon, a rapidly growing commercial and business hub in the city’s western suburbs. The project will feature luxury accommodation, multiple dining options, large-scale event facilities and wellness amenities. The development reflects growing investor confidence in Mumbai’s hospitality market amid increasing business travel, corporate demand and premium accommodation requirements.Read more

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IHG Hotels & Resorts inks pact with Zon Hotels for 350-key InterContinental Mumbai Goregaon property

08 Jun 2026

IHG Hotels & Resorts has signed a management agreement with Zon Hotels (Mumbai) Private Ltd to develop InterContinental Mumbai Goregaon, strengthening its luxury hospitality presence in India’s financial capital. The 350-key hotel is expected to open in the first quarter of 2030 and will be located in Goregaon, a rapidly growing commercial and business district. The development comes as Mumbai continues to witness strong demand from both business and leisure travellers. The project also reflects IHG’s broader expansion strategy in India, where the company already operates 52 hotels and has a significant pipeline of upcoming properties.Read more

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ITC Hotels signs 43-room Storii resort at Assam tea estate

08 Jun 2026

ITC Hotels Limited has expanded its boutique hospitality portfolio in North East India by signing its 25th property under the Storii brand. The company has entered into a definitive agreement for the development of 'Storii by ITC Hotels Guwahati', a 43-room property located within Assam's Amchong Tea Estate. The project marks another addition to the company's growing presence in the country's experiential and leisure hospitality segment. The development is expected to strengthen the supply of branded accommodation in the region, which is increasingly attracting tourism and hospitality investments. The property is being developed in partnership with Bhauram Jodhraj, whose promoters own and manage the historic tea estate.Read more

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Thomas Cook India and Eurobank strengthen India-Europe business corridor through Cyprus operations

07 Jun 2026

• Thomas Cook India has expanded support for Indian enterprises operating or planning expansion in the European Union through its Cyprus subsidiary, Travel Circle International (Cyprus) Limited.
• The initiative aligns with Eurobank’s growing presence in India, including the establishment of its representative office in Mumbai.
• The two organisations aim to facilitate business travel, cross-border transactions and investment activity between India and Europe.
• Thomas Cook’s Cyprus operations provide Indian corporate clients with access to EU-based travel services and localised support.
• The move comes amid increasing India-EU economic engagement following the conclusion of the India-EU Free Trade Agreement in January 2026.
Read more

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Nexus Seawoods Mall launches month-long denim and sneaker festival

07 Jun 2026

Nexus Seawoods Mall in Navi Mumbai has launched the fourth edition of its Denim & Sneaker Fest, a retail-focused shopping event running until June 21. Timed to coincide with the back-to-school and college shopping season, the festival brings together a range of international and domestic fashion brands showcasing denim apparel and sneaker collections. Alongside product launches and seasonal promotions, the event features consumer engagement activities including sneaker customisation workshops, denim upcycling sessions and interactive DIY stations. The initiative forms part of the mall's efforts to drive footfall and retail spending during the summer shopping period by offering a mix of fashion-focused experiences, promotional campaigns and brand activations across its retail premises.Read more

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