IHG Hotels & Resorts announced that it had entered into a management agreement with Hotel Chetan International to develop two new properties in Bengaluru's KIADB Aerospace Park. The hotels, comprising a Crowne Plaza and a Holiday Inn Express, will collectively add more than 420 keys to India's hospitality market when they open in the first quarter of 2028. The development underscores the group's focus on strengthening its presence in India, where it already operates 51 hotels and maintains a substantial pipeline of new projects.Read more

Tathastu Realty announced plans to invest INR 200 crore in developing a six-acre high-street commercial project named 'Swarnim' in Rewari, Haryana. The development will feature 1,200 retail shops. Expected sales realisation is around INR 400 crore. The project will be fully funded through internal accruals and customer advances, with possession targeted for 2029.Read more

Star Localmart, the retail arm of Sanjay Ghodawat Group, has acquired Bengaluru-based DusMinute, a gated community retail chain, for an undisclosed amount. The deal adds 40 outlets to its network, boosting its footprint to 170 stores, making it the largest regional retail player in Karnataka. The company, already eyeing revenue of INR 5,000 crore in the next five years, has plans to scale up to 3,000 stores by 2030 across multiple states.Read more

Nexus Seawoods Mall in Navi Mumbai is preparing to host Onam Opulence in collaboration with Seawoods Malayali Samajam this coming weekend. The event will feature a nine-metre floral Pookalam crafted from nearly 250 kg of flowers, alongside an array of Kerala's cultural performances including Thiruvathirakali, Mohiniyattam, Kathakali, Poothappattu and Chenda Melam. Mythological characters will join the festivities through a traditional procession, culminating in a grand fusion finale that celebrates Kerala's heritage.Read more

Indian Hotels Company Ltd (IHCL) announced the signing of a 125-key greenfield Ginger hotel in Satara, Maharashtra, earlier this week. The company highlighted Satara's growing prominence as a hub for education, healthcare, and business, which has driven consistent demand for hospitality services. With this signing, IHCL has further strengthened its Ginger brand and will now have 43 hotels in Maharashtra, of which 16 are still under development.Read more

ITC Hotels announced the signing of definitive agreements with Silvercastle Holidays and Resorts for the launch of its boutique brand, Storii by ITC Hotels, in Wayanad. The upcoming 62-room property, named Storii by ITC Hotels Wayanad Silverwoods, will be situated alongside the Banasura Sagar Dam. The agreement strengthens ITC Hotels' presence in Kerala and expands the reach of its boutique offering, marking Storii's debut in the state.Read more

PVR INOX, India's largest cinema exhibition company, has signed a 15-year lease for a 10-screen megaplex at the new Sky City Mall in Borivali, Mumbai. The company will pay a monthly rent of INR 91.42 lakh or a 20% share of its revenue, whichever is higher, and has paid a security deposit of INR 10.97 crore. The megaplex, which is part of a larger mixed-use development by Oberoi Realty, aims to reinforce Mumbai's position as a cornerstone market for the company and create a "lifestyle-centric experience" for modern audiences.Read more

Amazon India has expanded its 'Project Ashray' by adding 40 new rest centres for delivery associates, taking the total to 65 across 13 cities, including 24 in Delhi-NCR. These centres offer air-conditioned seating, washrooms, mobile charging points, drinking water, and first-aid kits and are open to delivery partners across the e-commerce and logistics ecosystem. Operating daily from 9 AM to 9 PM with free access for up to 30 minutes, the initiative coincides with Amazon creating over 150,000 seasonal jobs across more than 400 cities, including positions for women and persons with disabilities, ahead of the festive season.Read more

Indian Hotels Company Ltd (IHCL) is looking at strategic acquisitions to expand its presence in key markets and enter new destinations in Europe and Southeast Asia. With a strong, zero-debt balance sheet and a cash balance of INR 3,073 crore, the company is well-positioned to pursue these opportunities. This move is part of IHCL's 'Accelerate 2030' strategy, which has set a target of over 700 hotels in its portfolio by 2030. The company's focus is on acquiring controlling stakes in smaller firms and integrating them into its midscale and boutique luxury segments, strengthening its global footprint without acquiring physical assets for its premium brand, Taj.Read more

IHCL is investing up to INR 5 crore in the redevelopment of Chotelal Ki Ghat in Kolkata, a historic site along the Hooghly River built in the 1870s. Supported by INTACH, the project focuses on restoration, conservation, landscaping, and beautification, in line with the Namami Gange Programme and Swachhata initiatives. Executives from IHCL and Syama Prasad Mookerjee Port emphasized enhancing the ghat's cultural significance and community engagement. The collaboration is part of a larger effort to revive heritage sites through private-public partnerships, aiming to make Chotelal Ki Ghat a prominent cultural and tourist destination.Read more