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

Burma Burma raises INR 38 crore to expand restaurant network across India

30 Mar 2026

Burmese speciality dining chain Burma Burma has raised over INR 38 crore in a private funding round, valuing the company at around INR 500 crore. The round included participation from existing investor Negen Capital along with new investors Endurance Capital and Coheron Wealth. The funds are expected to support expansion into new cities and strengthen its presence in existing markets. Founded in 2012, the brand currently operates 21 restaurants across major Indian cities, focusing on growing demand for differentiated dining experiences.Read more

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VinFast opens 50th dealership in Bengaluru, expands India retail network

30 Mar 2026

VinFast Auto India has expanded its retail presence by opening its 50th dealership in Bengaluru, marking steady progress in its India growth strategy. The new 3S facility, developed with PPS Motors LLP, reflects the company's focus on premium customer experience and integrated sales and service. With plans to reach 75 outlets across 60+ cities by year-end, VinFast is strengthening its footprint beyond metros into emerging markets. Alongside retail expansion, the company is building a broader EV ecosystem, offering strong safety ratings, long warranties, and customer-focused initiatives to support electric vehicle adoption.Read more

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WAE partners with Radisson and Louvre Hotels to introduce in-house glass water bottling systems

29 Mar 2026

WAE Ltd. has entered into an association with Radisson and Louvre Hotels Group to introduce in-situ glass water bottling systems across the Indian subcontinent. The move reflects a broader shift in the hospitality sector towards reducing plastic use and improving sustainability practices. By enabling hotels to purify and bottle water on-site, the solution aims to cut transportation emissions and support carbon-neutral operations. The initiative aligns with changing guest expectations, where environmental responsibility is becoming an important part of the overall hospitality experience.Read more

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ITC Hotels signs Storii Mukundgarh Fort property to expand heritage hospitality portfolio in Rajasthan

29 Mar 2026

ITC Hotels Limited has signed a new boutique heritage property under its Storii brand with the addition of Mukundgarh Fort in Rajasthan's Shekhawati region. The development, undertaken in partnership with Midas Hospitality Services, strengthens the company's presence in culturally significant tourism circuits linking Jaipur, Mandawa and Nawalgarh. The mid-18th century fort will be repositioned as an experiential hotel, aligning with Storii's focus on heritage-led hospitality. The move reflects continued investor and operator interest in adaptive reuse of heritage assets within India's hospitality real estate segment, particularly in high-footfall tourism corridors.Read more

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IndiGo plans integrated campus in Gurugram to centralise operations

28 Mar 2026

IndiGo is planning a major development in Gurugram with a new integrated campus on a 4.5-acre site in Sector 29. The campus will unite the IndiGo Support Centre (ISC) and Ifly learning centres, currently spread across the city, under one roof. The project, expected to take three to five years, aims to improve organisational cohesion, strengthen collaboration, and support long-term growth plans. As India's largest airline with a 63.6 per cent domestic market share, this move reflects IndiGo's focus on operational efficiency and employee integration.Read more

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MP restores partial LPG supply to hospitality sector amid ongoing disruptions

26 Mar 2026

The Madhya Pradesh government has allocated limited commercial LPG supplies to the hospitality sector after severe disruptions caused by the West Asia crisis. Hotels and restaurants have been given 9 per cent allocation, while dhabas and street food vendors received 7 per cent. The move follows industry pressure and warnings of shutdowns due to zero supply in recent weeks. Many businesses had already shifted to alternative cooking methods. The Centre has also increased LPG allocation to states, signalling gradual improvement, though the sector continues to face operational challenges.Read more

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Airline fares increase after removal of price caps, government asks carriers to ensure transparency and fair pricing

25 Mar 2026

Airline ticket prices have risen by up to 10% following the Government of India's decision to remove earlier fare caps that had been regulating pricing limits. With this shift, airlines now have greater flexibility to set fares based on demand and operational factors. Authorities have advised carriers to maintain reasonable and transparent pricing practices to protect passenger interests. The move is aimed at encouraging a market-driven pricing system while ensuring that fare structures remain clear and justified, as the government continues to monitor pricing trends across routes.Read more

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IndiGo operates limited Gulf services and warns of last-minute schedule changes amid Middle East tensions

25 Mar 2026

IndiGo has announced the operation of select flights to Gulf destinations while cautioning passengers about potential last-minute schedule changes due to escalating tensions in the Middle East. The advisory applies to services operating in the past week, with the airline stating that operations are being conducted in line with safety requirements and regulatory approvals. Travellers have been advised to check flight status before departure and remain updated through official communication channels. The move comes amid continued volatility in regional airspace, which has affected flight schedules across multiple carriers. IndiGo indicated that its teams are working to support passengers and maintain connectivity under evolving conditions, even as uncertainties persist across West Asia routes.Read more

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IHG signs agreement for 150-key Crowne Plaza resort in Sohna with opening planned by early 2029

24 Mar 2026

IHG Hotels & Resorts has entered into a management agreement with Harisons Hotels & Resorts to develop a 150-key Crowne Plaza Resort in Sohna, located in the National Capital Region. The project is scheduled to open in the first quarter of 2029 and is positioned to cater to both leisure and corporate demand in an emerging hospitality corridor. Sohna has been identified as a growth location due to increasing demand from weddings, social events and expanding business activity. IHG currently operates 51 hotels across six brands in India and has a pipeline of 89 additional properties expected to be launched over the next three to five years, reflecting continued expansion in the domestic hospitality sector.Read more

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Max Fashion plans nationwide expansion with 40–50 new stores, strengthens Chennai presence with latest launch

24 Mar 2026

Max Fashion has outlined plans to open 40-50 stores across India over the next year while targeting 100 outlets in Tamil Nadu within two years. The retailer recently launched its 34th store in Chennai and 71st in the state, reinforcing its focus on high-growth urban markets. The new outlet in Valasaravakkam spans 14,000 sq ft and reflects the brand's updated store format featuring dedicated sections for men, women and children. The company views Chennai as a key market for expansion due to its strong consumer base and evolving fashion demand. The expansion strategy includes both new store openings and upgrades to existing outlets to align with the new retail format.Read more

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