30 Jan 2026

Khapri railway station, on the outskirts of Nagpur, is set for a major INR 4 crore infrastructure upgrade by Central Railway to improve safety, comfort, and basic commuter amenities. The project will refurbish all three platforms, strengthen roofing, and install proper drainage systems to prevent waterlogging. Circulation zones will be resurfaced with paver blocks, and structural steel works will be carried out for long-term durability. Electrical panels and upgraded water supply systems with CPVC pipelines, brass fittings, and stainless steel basins will support better functionality and hygiene, addressing long-standing deficiencies.Read more

30 Jan 2026

Pride Hotels, one of India's established hospitality companies, has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering, aiming to raise INR 1,000 crore. The issue comprises a fresh equity component and an offer for sale by promoters and promoter group shareholders. Proceeds will be used for renovation of existing properties, debt repayment, and general corporate purposes. The company currently operates 34 hotels across major cities and resorts, and plans to list its shares on both BSE and NSE.Read more

29 Jan 2026

The Phoenix Mills Ltd reported a 4 per cent rise in its consolidated net profit for the October-December quarter of the 2025-26 fiscal year, reaching INR 275.79 crore from INR 264.76 crore a year earlier, according to a regulatory filing. Total income for the period increased to INR 1,168.47 crore from INR 1,005.52 crore as retail and commercial activity continued. For the first nine months through December, net profit and total income also grew compared with the previous year, reflecting consistent demand across its retail-led mixed-use property portfolio.Read more

29 Jan 2026

Radisson Hotel Group is expanding its presence in India's rapidly evolving spiritual tourism circuit with new hotel openings planned in Shirdi, Puri, Indore and Ujjain. The expansion reflects a strategic focus on emerging pilgrimage destinations that are witnessing rising domestic travel demand, supported by infrastructure upgrades and government-led faith tourism initiatives. Religious tourism remains a key driver of India's hospitality sector, with the Ministry of Tourism estimating over 1,439 million religious visits in 2022, generating revenue of around INR 1.34 trillion. Cities such as Ujjain, which attracted more than 52.8 million visitors in 2023, along with Puri, Shirdi and Indore, continue to record steady footfalls. Radisson's move positions it early in markets where demand is expected to deepen, creating long-term opportunities for organised hospitality growth.Read more

28 Jan 2026

Leasing of retail space across India's top seven cities rose sharply in 2025, supported by fresh supply and robust demand from retailers, according to JLL India. Gross leasing volumes touched a three-year high, driven equally by shopping malls and high streets, with Delhi-NCR, Bengaluru, Hyderabad and Mumbai emerging as the largest contributors. The addition of new, institutional-grade retail space encouraged accelerated store expansion, particularly among domestic brands, while global brands also increased their footprint. The year saw the launch of multiple new malls, lifting overall mall inventory across major cities. Industry experts noted that experiential retail, food and beverage formats, and renewed consumer confidence are reinforcing the relevance of physical retail. The trend has resulted in improved occupancies, healthier cash flows and greater confidence among developers and investors in upgrading and reinvesting in retail assets.Read more

27 Jan 2026

IndiGo, operated by InterGlobe Aviation, reported a net profit of INR 549 crore for the December quarter, down sharply from INR 2,449 crore in the same period last year. The decline reflects substantial one-time costs, including INR 577 crore due to flight disruptions in early December and INR 969 crore linked to new labour law compliance. Despite these challenges, revenue grew to INR 24,541 crore from INR 22,993 crore. Over 2,500 flights were cancelled and nearly 1,900 delayed, affecting more than 300,000 passengers. The airline's underlying performance remained stable, but exceptional costs drove the net profit drop.Read more

27 Jan 2026

Hospitality chain Pride Hotels has received approval from the Securities and Exchange Board of India (Sebi) to launch its initial public offering, marking a key milestone in its capital-raising plans. Industry sources indicate that the Mumbai-based company is looking to raise around INR 1,000 crore through the public issue. Filed with Sebi in October last year, the IPO comprises a fresh issue of shares worth INR 260 crore along with an offer-for-sale of up to 3.92 crore shares by promoters and promoter group entities. The company may also undertake a pre-IPO placement of up to INR 52 crore, which would proportionately reduce the fresh issue size. Proceeds from the issue are expected to be used for renovating existing hotels, repaying debt and meeting general corporate requirements, as Pride Hotels looks to strengthen its portfolio and accelerate expansion across key Indian cities.Read more

27 Jan 2026

The Nashik Municipal Corporation (NMC) is set to introduce the National Common Mobility Card (NCMC) on city buses to enable cashless ticketing. Around 250 buses operating on over 60 routes will adopt the prepaid, rechargeable card, which aims to reduce dependence on cash, speed up boarding, and minimize disputes over ticket payments. Officials are preparing technical systems and training staff for smooth implementation. This move aligns Nashik with other major Indian cities using NCMC and could eventually extend to Metro, tolls, parking, and other transport payments.Read more

27 Jan 2026

Uber is set to double its Uber Black fleet in India by 2026 to meet rising demand for premium ride-hailing services. Operating in Delhi, Mumbai, and Bengaluru, the service provides luxury vehicles with top-rated drivers, dedicated airport pickup zones, and advanced booking options. Uber has invested in Carrum, a fleet management partner, to scale operations and vehicle supply. The Reserve feature and Uber One membership programme, with over one million Indian subscribers, further support premium mobility adoption. This expansion highlights India's growing preference for comfort and reliability in urban transportation.Read more

26 Jan 2026

K Raheja Corp is set to introduce Juinagar's first international school as part of its expansive 50+ acre mixed-use development in Navi Mumbai, reinforcing its vision of building integrated, walkable urban districts. Planned on a dedicated 1.18-acre campus adjacent to Raheja Jadecity and Mindspace, Juinagar, the K12 institution aims to address the limited availability of international-curriculum schools in the micro-market. Designed to serve families across key Navi Mumbai residential hubs, the project aligns with the region's evolution into a walk-to-work employment corridor. By combining globally benchmarked academics with strong co-curricular and sports infrastructure, the school is positioned to offer a holistic education experience. The initiative underlines K Raheja Corp's focus on embedding quality social infrastructure within large-scale developments to enhance live work learn ecosystems.Read more