Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Hospitality & Retail

Nexus Seawoods Mall returns with flat 50% off EOSS and a chance to win a Jawa bike

Nexus Seawoods Mall has kicked off its much-awaited End of Season Sale, offering flat 50% discounts across 100+ top fashion and lifestyle brands, including GAP, Tommy Hilfiger, ALDO, and Lifestyle. Shoppers spending INR 5,000 or more stand a chance to win a Jawa motorcycle, with added perks like 50% off select F&B and double reward points. To maximise convenience, the mall will remain open till midnight during the sale weekend. Known for its high-energy retail events, Nexus Seawoods continues to cement its reputation as Navi Mumbai's ultimate shopping and lifestyle destination, combining big-brand bargains with immersive customer experiences.Read more

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Saya Group partners with Lemon Tree Hotels to manage BIZTOP suites in Greater Noida

Saya Group has partnered with Carnation Hotels, a Lemon Tree Hotels subsidiary, to manage 336 BIZTOP Business Class Suites at the Saya SouthX project in Greater Noida West. Spanning floors 7 to 25, each 668 sq. ft. suite is designed for business travellers seeking high-quality serviced accommodation. Lemon Tree will bring hotel-grade operations to the mixed-use development, which includes retail, dining, a multiplex, banquet space, and more. Saya SouthX covers 6.8 lakh sq. ft. and targets over 50,000 daily footfalls. The collaboration blends Saya's infrastructure with Lemon Tree's hospitality expertise, reinforcing Saya's footprint in premium commercial real estate.Read more

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Hotel brand boom reshapes Asia Pacific hospitality market

The Asia Pacific hospitality sector is undergoing a transformative shift, with global hotel operators increasingly dominating the landscape. Over 86% of future hotel supply in the region is expected to come through international brands. This rise is fuelled by brand proliferation, acquisitions, and strategic partnerships tailored to local markets. Branded hotels in the region are outperforming independent ones in revenue and performance, backed by global loyalty programmes and stronger distribution systems. Investors are also actively favouring branded properties, leveraging opportunities in rebranding and value-add strategies to maximise returns.Read more

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Volkswagen opens its first Performance Centres in Chennai for Golf GTI and Tiguan R-Line

Volkswagen India has launched two Performance Centres in Chennai- on Mount Road and in Ambattur- as part of its premium retail strategy to showcase the new Golf GTI and Tiguan R-Line. These centres mark the first in a planned network of 12 across the country. Deliveries of the Golf GTI have begun, with expanded access to the Tiguan R-Line also underway. Designed to offer a luxury experience through multisensory engagement, the centres aim to elevate Volkswagen's brand presence. With this move, the company's Tamil Nadu network now includes 27 sales and 19 service outlets, signalling a strong focus on upscale customer engagement.Read more

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Agoda to expand flight bookings in India, eyes deeper local travel integration

Agoda CEO Omri Morgenshtern has announced plans to enhance the company's flight booking services in India, driven by strong local demand and successful hyperlocal strategies. Citing Ministry of Tourism data, he noted India saw 18.9 million international arrivals in 2023-but only 9.5 million were true foreign tourists, still below pre-pandemic levels. Morgenshtern pointed to complicated visa processes, poor infrastructure, and limited flight options as key barriers to growth. He advocated for more budget-friendly flights and better connectivity. As India's travel sector heats up, Agoda is positioning itself to meet rising expectations from both domestic and international travellers.Read more

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Blackstone acquires Kolkata's South City Mall for INR 3,250 crore in major retail deal

Global investment firm Blackstone has made a major foray into eastern India's retail sector by acquiring South City Mall in Kolkata for INR 3,250 crore. The one million sq ft mall, known for its high footfall and annual turnover exceeding INR 1,800 crore, has been described as an iconic destination for shopping and leisure. Real estate consultancy Anarock served as the exclusive transaction advisor in the deal. Blackstone plans to leverage its retail expertise to enhance the mall's long-term performance.Read more

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Hong Kong to host IHIF Asia forum in September with global hospitality leaders

The International Hospitality Investment Forum (IHIF) Asia, hosted by Questex, is set for its second edition this September at Regent Hong Kong. Centred on the theme "Beyond Borders: Markets, Capital, Growth" the event will spotlight cross-border investments and capital trends in Asia-Pacific's hospitality sector. Delegates can expect a unique mix of strategic sessions and cultural experiences, including Tai Chi classes, a Harbour Cruise, and horse racing at the Hong Kong Jockey Club. Supported by the Hong Kong Tourism Board, IHIF Asia will attract HNWIs, hotel brands, developers, and global investors-positioning Hong Kong as a key hub for global hospitality exchange.Read more

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Thomas Cook opens first franchise outlet in Mohali to tap growing travel demand

Thomas Cook (India) has extended its presence in Punjab by launching its first franchise outlet in Mohali, tapping into the city's growing reputation as a high-potential travel market. Known for its rapidly developing residential and commercial sectors, Mohali forms a key part of the Tricity region. The newly opened Gold Circle Partner outlet is expected to offer enhanced access and convenience to local customers. According to Thomas Cook's India Holiday Report 2025, a significant number of consumers are planning to travel more frequently and increase their travel budgets, underlining the market's expanding appetite for holidays.Read more

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IHG partners with Atithi Gokul Hotel Inns to launch a 150-key Holiday Inn in Ahmedabad by 2028

IHG Hotels & Resorts has formalised a strategic partnership with Atithi Gokul Hotel Inns to develop a 150-room Holiday Inn in Ahmedabad, Gujarat. Scheduled to open in the third quarter of 2028, this new property will cater to the rising influx of business and leisure travellers in the city. The collaboration is expected to strengthen IHG's midscale presence in western India and aligns with its broader growth strategy in emerging urban markets. The company expressed confidence in its global reach and trusted brand to deliver solid returns for stakeholders.Read more

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Vivanta brand to debut in Mysuru as IHCL signs greenfield hotel amid rising regional growth

Indian Hotels Company Ltd (IHCL), the hospitality arm of the Tata Group, has entered into an agreement to launch a 115-key greenfield hotel in Mysuru, Karnataka, under its Vivanta brand. The announcement aligns with the company's broader strategy of tapping into rapidly developing cultural and economic centres. The project, in partnership with the Farah Group, will leverage the benefits of enhanced connectivity in the region, notably due to the Bengaluru-Mysuru Expressway. With this addition, IHCL's footprint in Karnataka now stands at 26 hotels, of which 12 are currently under various stages of development.Read more

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