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

Reliance Retail completes restructuring, launches New Reliance Consumer Products Ltd

Reliance Retail has completed its internal restructuring, transferring its consumer business to New Reliance Consumer Products Ltd (New RCPL), which has now become a direct subsidiary of Reliance Industries with an 83.56 per cent stake. The move involved a share swap with RRVL shareholders and the dissolution of RCPL. The company has grown rapidly in the FMCG sector, surpassing INR 11,000 crore in revenue since its inception in FY-25. Reliance continues to expand its presence across multiple FMCG segments, building on brand launches and acquisitions since entering the market in 2022.Read more

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IndiGo adds new routes and higher frequencies from Navi Mumbai International Airport

IndiGo has expanded its domestic network from Navi Mumbai International Airport by announcing new routes and additional frequencies to strengthen regional connectivity. The airline will start daily flights to Coimbatore and Chennai from 29 December 2025, introduce five-times-weekly flights to Vadodara from 30 December 2025, and increase flights to North Goa to five a week from 26 December 2025. These additions build on IndiGo's earlier launches from the newly opened airport, which is gradually becoming an important secondary aviation hub for the Mumbai region. Bookings for all new flights are now open.Read more

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Treebo and Accor to open new 72-key Mercure hotel in Haridwar's SIDCUL belt

Treebo Hospitality Ventures (THV) stated earlier this week that it had signed a 72-key Mercure hotel in Haridwar, Uttarakhand, as part of its ongoing master franchise arrangement with Accor and InterGlobe. The company noted that the SIDCUL industrial area's expanding economic footprint has been driving stronger demand for dependable mid-market accommodation. THV's leadership indicated that the collaboration with Accor would combine Mercure's brand strengths with Treebo's operational efficiency. Accor's South Asia leadership also emphasised that the Haridwar launch aligns with the group's strategy of expanding midscale offerings in high-growth business locations.Read more

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Apple to open fifth India store in Noida's DLF Mall of India on December 11

Apple is expanding its retail presence in India with the launch of its fifth store in Noida, located in DLF Mall of India and opening on December 11. The store features a peacock-inspired design, continuing a theme seen in Bengaluru and Pune outlets. Customers will have access to the latest Apple devices, including the iPhone 17 series, personalized support, and free creative sessions through Today at Apple. The new store reflects Apple's commitment to innovation, customer experience, and engagement in India's growing technology market.Read more

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Apollo Pharmacy plans rapid expansion to reach 10 crore customers in five years

Apollo Pharmacy is rapidly expanding, planning to open two stores daily to reach 10 crore customers over the next five years. With 7,000 stores now operational, including a recent launch in Ayodhya, the chain serves over one million daily orders across more than 19,000 pin codes. Its loyalty programme, Apollo Circle, has crossed 10 million members. The growth reflects Apollo HealthCo's focus on making high-quality medicines accessible nationwide while maintaining its reputation as a trusted neighbourhood healthcare provider.Read more

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Mahindra Holidays plans luxury leisure resorts, eyes 12,000 rooms by FY30

Mahindra Holidays &; Resorts India Ltd is set to enter the luxury leisure hospitality segment with Mahindra Signature Resorts, targeting affluent families and experience-focused stays. The first 150-room property will open in Theog, Himachal Pradesh, with further resorts planned across north and south India and Maharashtra. The company has allocated INR 1,000 crore for this expansion and aims to increase its total room count to 12,000 by FY30. The new brand will operate on an open model, distinguishing it from the existing vacation ownership business, while MHRIL seeks a three-fold growth in rooms and revenue over the decade.Read more

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Northern Hills township in Goa introduces premium wellness hub with 7 Ocean

Northern Hills, Neworld Developers' 51-acre plotted township near Goa's Mopa Airport, is enhancing its lifestyle and wellness offerings with 7 Ocean - The Fitness Club. The upcoming wellness centre will feature advanced fitness facilities, yoga and meditation decks, curated wellness programmes, mindfulness workshops, and holistic therapies, exclusively for residents. This integration reinforces Northern Hills' vision of nature-led, community-focused living, where modern comfort meets wellbeing. It sets a benchmark for plotted residential projects emphasizing a complete lifestyle ecosystem, blending health, leisure, and social interaction.Read more

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ITC Hotels opens 42-key Storii Akanni Naina Tikkar in Himachal Pradesh

ITC Hotels has opened a 42-key boutique property, Storii Akanni Naina Tikkar, in Himachal Pradesh. The announcement was made this week and adds to the company's growing Storii brand, which focuses on smaller, experience-based leisure hotels. The property has been designed to reflect the calm surroundings of the mountains and the cultural feel of the region. ITC Hotels' Managing Director Anil Chadha said the company aimed to offer stays that feel personal and connected to the local environment. The launch supports the brand's steady expansion in leisure destinations.Read more

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Antara expands senior care presence in Bengaluru with new 80-bed facility in Whitefield

Antara Senior Care, part of the USD 7-billion Max Group, has expanded its presence in Bengaluru with a new 80-bed senior care home in Whitefield, increasing its total capacity in the city to about 163 beds. The new centre strengthens Antara's assisted living and transition care services, backed by geriatric-trained teams and round-the-clock clinical support. Bengaluru's ageing population, changing family structures, and growing demand for organised senior care have contributed to the need for such facilities. With this launch, Antara now operates 500 beds across its national network of care homes.Read more

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Gateway brand expands as IHCL signs 78-key brownfield hotel in Patnitop

Indian Hotels Company Ltd (IHCL) announced earlier this week that it had signed a 78-key brownfield hotel under its Gateway brand in Patnitop, Jammu and Kashmir. The company stated that the new resort, set to become the largest in the destination, is expected to cater to rising leisure demand from Punjab, Delhi NCR and Jammu. IHCL indicated that the development strengthens its strategy of growing the Gateway brand in prominent Himalayan leisure markets. With this addition, the company's portfolio in Jammu and Kashmir now stands at 12 hotels, including six currently under development.Read more

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