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

Park Medi World approves acquisition of Krishna Super-Speciality Hospital for INR 400 million

05 Jan 2026

Park Medi World Ltd has approved the acquisition of Krishna Super-Speciality Hospital for a cash consideration of INR 400 million. The transaction strengthens the company's hospital portfolio and supports its strategy of expanding through selective acquisitions. Krishna Super-Speciality Hospital's established operations are expected to complement Park Medi World's existing healthcare network. The company has previously pursued a mix of organic growth and asset acquisitions to increase capacity and service offerings. No further details on timelines or regulatory approvals were shared.Read more

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Apollo Sindoori Hotels unit secures work orders worth INR 643.1 million

05 Jan 2026

Apollo Sindoori Hotels Ltd announced that one of its units has received work order contracts valued at INR 643.1 million, as disclosed in a regulatory filing during the past week. The company did not share specific details on project scope or timelines but confirmed that the contracts fall within its regular business activities. Apollo Sindoori operates primarily in institutional hospitality and catering services, especially across healthcare and large facilities. The latest order win strengthens its existing pipeline and supports revenue continuity amid stable demand from institutional clients.Read more

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Canadian regulator flags serious safety lapse involving Air India pilot

04 Jan 2026

Canada's transport regulator has asked Air India to investigate a serious incident after a pilot was removed from a Vancouver Delhi flight for being under the influence of alcohol. Canadian police conducted two breathalyser tests at Vancouver airport, both of which found the pilot unfit for duty. The flight, operated by a Boeing 777, was delayed as an alternate pilot was arranged. Transport Canada has sought details of Air India's findings and steps to prevent future incidents. Air India said the pilot has been taken off flying duties and reiterated its zero-tolerance policy. The incident adds to ongoing safety scrutiny around the airline.Read more

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Devyani International gains after announcing merger with Sapphire Foods

02 Jan 2026

Devyani International's shares rose after it announced a USD 934 million merger with Sapphire Foods, creating a large fast-food platform operating over 3,000 KFC and Pizza Hut outlets in India and overseas. The deal brings Devyani closer in scale to market leader Jubilant Foodworks. Analysts view the merger as a strategic move that could simplify operations and unlock cost savings at a time when fast-food operators face slowing sales and margin pressure. Both companies had reported losses in the September 2025 quarter.Read more

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Tata Group opens Taj Paro Resort & Spa in Bhutan, expanding regional presence

30 Dec 2025

Indian Hotels Company Ltd (IHCL) has expanded its presence in Bhutan with the launch of the 45-key Taj Paro Resort & Spa, in collaboration with CG Hospitality. The move reinforces IHCL's long-standing regional strategy, complementing its existing properties in the Maldives, Sri Lanka, Dubai, Nepal, and India. Leaders from both IHCL and CG Hospitality highlighted that the new resort enhances Bhutan's status as a global tourism destination while strengthening a two-decade partnership. The company currently operates 392 hotels worldwide, with 143 more under development.Read more

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Navi Mumbai airport introduces India's first celebrity lounge and cultural hub

Navi Mumbai News Desk

27 Dec 2025

Navi Mumbai International Airport is introducing India's first dedicated celebrity lounge along with a large cultural hub as part of its non-aeronautical offerings, aiming to elevate the passenger experience and position the airport as a lifestyle destination. The celebrity lounge designed to offer privacy, premium services and bespoke amenities will cater to high-profile and discerning travellers. Alongside this, the cultural hub will showcase local heritage through immersive installations, art and interactive displays that celebrate the region's identity. These facilities are part of a phased rollout of hospitality, cultural and leisure experiences planned through early 2026, blending travel convenience with lifestyle, culture and engagement for all passengers.Read more

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Roongta Cinemas enters South India with a luxury multiplex launch in Nampally, Hyderabad

25 Dec 2025

Roongta Cinemas has marked its entry into South India with the launch of a premium multiplex at Novum, near Nampally Metro Station, Hyderabad. Opening earlier this week, the property represents a key milestone in the brand's Pan-India expansion strategy. The new cinema combines advanced Dolby Atmos technology, luxury interiors and a curated food experience, targeting Hyderabad's deeply rooted cinema culture and positioning Nampally as a strategic debut location.Read more

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DLC Guide Mumbai honours top dining and hospitality brands in 2025

Mumbai News Desk

24 Dec 2025

The Mumbai second edition of the DLC Guide 2025 concluded with an industry-led evaluation of restaurants, hotels and bars based on operational excellence and guest experience. Founded by Jimmy Mistry under the Della Leaders Club, the guide follows an independent, audit-driven framework inspired by global benchmarks. The edition recognised select dining venues, Fairmont Mumbai in the hotel category, and Sixteen33 among bars. Supported by a diverse professional panel, the platform has expanded across five countries and nine cities within 18 months, assessing over 99 establishments worldwide.Read more

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Retail space leasing across top cities seen nearing 9 million sq ft this year

24 Dec 2025

Retail space leasing across India's top eight cities is projected to rise by about 15 per cent this year to nearly 9 million sq ft, supported by fresh supply and sustained retailer demand, according to Cushman & Wakefield. Both high-street locations and shopping malls have witnessed higher absorption, with malls seeing a sharper jump. The consultant expects this to be the strongest annual retail leasing since the Covid-led slowdown, aided by new mall completions, growing consumer confidence, and the shift towards experience-led retail formats across key urban markets.Read more

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Fortis Healthcare to buy Bengaluru's People Tree Hospital for INR 4.3 billion

Bangalore News Desk

23 Dec 2025

Fortis Healthcare has agreed to acquire People Tree Hospital in Yeshwantpur, Bengaluru, for INR 4.3 billion, strengthening its presence in South India. The acquisition will be carried out through its wholly owned subsidiary, International Hospital, by purchasing 100% of TMI Healthcare, which operates the hospital. Along with the takeover, Fortis plans to invest about INR 4.1 billion over the next three years to expand and upgrade the facility. The deal aligns with Fortis & broader strategy to increase capacity and improve returns in key urban markets.Read more

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