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

RSVM Hospitality acquires 18.6-acre Thane land parcel for INR 498 crore from Neterwala Group

18 Mar 2026

RSVM Hospitality has acquired over 18.6 acres of land in Thane's Majiwada locality for more than INR 498 crore from entities of the Neterwala Group through two separate transactions. The deal includes land purchases from Chemicals and Ferro Alloys Pvt Ltd and Uni Abex Alloy Products Ltd. The acquisition is part of a structured transaction that was initiated earlier and completed recently. It highlights growing interest in Thane as a development hub due to better connectivity, infrastructure upgrades, and availability of large land parcels compared to Mumbai.Read more

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APCRDA signs agreement with Kandhari Hotels for three-star hotel in Amaravati

18 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has entered into an Agreement for Sale of Land with Kandhari Hotels Private Limited for the development of a three-star hotel in Amaravati. The company plans to invest around INR 80 crore to establish the hotel, which will enhance the city's hospitality facilities and serve visitors, business travellers, and institutions. APCRDA allocated 1 acre of land in Thulluru village for this project. Officials noted that such investments will support Amaravati's growth as an administrative and economic center while boosting tourism, employment, and the service sector.Read more

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The Leela expands portfolio with ultra-luxury resort acquisition in Coorg

18 Mar 2026

The Leela Palaces Hotels and Resorts has announced the acquisition of an ultra-luxury resort in Coorg, expanding its presence in South India's leisure hospitality segment. The property, to be developed as The Leela Coorg Forest Sanctuary, is expected to open later this year and is located within the ecologically sensitive Western Ghats region. With proximity to key urban centres such as Bengaluru and Mangaluru, the project is positioned to attract high-end domestic and international travellers. The acquisition aligns with the company's strategy of investing in culturally and environmentally significant destinations while strengthening its diversified portfolio across India's established and emerging luxury tourism markets.Read more

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IndiGo partners with Adani Airports for loyalty rewards on duty-free shopping

17 Mar 2026

IndiGo has teamed up with Adani Airport Holdings Limited (AAHL) to allow members of its BlueChip loyalty programme to earn rewards while shopping duty-free at AAHL-operated airports. Under the collaboration, travellers earn five BlueChips for every INR 100 spent on pre-booked duty-free products through the Adani platform. Customers can browse, reserve, and pay for items online before their flight and collect them conveniently at the airport. Currently, the programme is active at several airports, with plans to expand to Guwahati's Lokapriya Gopinath Bordoloi International Airport and the newly opened Navi Mumbai International Airport.Read more

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Chennai introduces premium low-floor electric AC bus service on key corridors to improve commuter comfort and promote public transport use

Chennai News Desk

16 Mar 2026

Chennai has introduced a premium low-floor electric air-conditioned bus service operated by the Metropolitan Transport Corporation (MTC), marking a new category of reserved-seat urban public transport in the city. The service, launched in the past week by Tamil Nadu's Transport and Electricity Minister S. S. Sivasankar, begins operations with electric buses running on two major routes linking key transport nodes and the IT corridor. Initial services include Route P91 connecting Kalaignar Centenary Bus Terminus, Kilambakkam, with Thiruvanmiyur, and Route P570S between Koyambedu's Chennai Mofussil Bus Terminus and Siruseri IT Park. The premium buses require advance seat reservations through a mobile application and do not permit standing passengers. Authorities stated that the initiative aims to offer a more comfortable and predictable commuting option while encouraging a shift from private vehicles to cleaner public transport modes.Read more

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Radisson and Hilton expand presence with new hotels in India’s emerging and key cities

16 Mar 2026

Radisson Hotel Group has signed four new Park Inn & Suites properties in Roorkee, Meerut, Asansol, and Airoli, aiming to meet the growing demand for quality midscale hospitality in emerging cities. The properties are expected to open within the next three years. Radisson operates over 200 hotels in India, with more than half in tier II and III cities. Hilton has also expanded in India by opening its first Hilton Garden Inn in Goa at Calangute, marking the brand's debut in the state. Both moves highlight strategic growth in response to evolving business, leisure, and social event travel demands.Read more

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Star Air strengthens regional connectivity with new flights to Kolhapur and Belagavi

16 Mar 2026

Star Air has expanded its regional aviation network by improving connectivity to Kolhapur in Maharashtra and Belagavi in Karnataka. The airline has launched a daily direct flight between Belagavi and Mumbai while strengthening Kolhapur's air links with cities such as Mumbai, Ahmedabad, Bengaluru, Kishangarh, and Indore. The move is aimed at improving access to important industrial and business centres in western and southern India. Along with the new routes, Star Air plans to increase its weekly flight operations from 455 to around 550 flights in the summer schedule to meet the growing demand for regional air travel.Read more

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Retail inflation likely moved above 3% in February as food prices firm up

16 Mar 2026

India's retail inflation is expected to have moved above 3% in February, mainly due to a gradual increase in food prices and the fading of the favourable base effect seen in previous months. Economists estimate that the Consumer Price Index (CPI) rose slightly compared with the 2.75% inflation recorded in January. Despite the increase, inflation is still expected to remain below the Reserve Bank of India's medium-term target of 4%. The data is being closely tracked as it provides signals on price trends, food cost pressures, and possible implications for future monetary policy decisions.Read more

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Eco Hotels & Resorts opens 33-room property in Ayodhya to tap India’s expanding religious tourism market

15 Mar 2026

Eco Hotels and Resorts Limited (BSE: 514402) has launched a new hotel in Ayodhya, expanding its presence in India's rapidly growing religious tourism sector. The property, located about 5 km from the Shri Ram Janmabhoomi Temple, includes 33 guest rooms along with a rooftop restaurant, landscaped lawn and swimming pool. The development comes amid a sharp rise in visitor numbers to the temple city, which recorded around 57.5 million tourists in 2023, rising to more than 160 million in 2024, with over 230 million devotees visiting in the first half of 2025. The hospitality company said the project is intended to address the increasing demand for organised accommodation infrastructure in Ayodhya as the city experiences sustained growth in pilgrimage tourism supported by infrastructure upgrades and improved connectivity.Read more

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Indian Potash to revive Badamba cooperative sugar mill in Odisha with INR 360 crore modernisation project

15 Mar 2026

Indian Potash Limited (IPL) has signed a memorandum of understanding with the Government of Odisha to revive the long-shut Badamba Cooperative Sugar Mill in Cuttack district with an investment of about INR 360 crore. The mill, which has remained non-operational for more than 15 years, will be modernised and expanded with a crushing capacity of 3,500 tonnes of cane per day. The project will also include a 16 MW co-generation power plant, a 10-tonne-per-day Bio-CNG facility and cold storage infrastructure. Under the agreement, the Odisha government will provide 112 acres of land on a long-term lease to IPL for the redevelopment. The initiative is expected to revive sugarcane cultivation in the region and directly benefit around 10,000 farmers in Badamba block while generating employment and strengthening the cooperative sector.Read more

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