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HOSPITALITY SECTORS
SaffronStays raises $ 3.5 million in a funding round led by Infinity VenturesHoliday home brand SaffronStays has secured $3.5 million in a funding round led by Infinity Ventures. This capital will fuel expansion into...
Cruise tourism can be a major multiplier for India’s travel and MSME sectorsIndia’s cruise tourism sector is sailing into a new phase of growth, creating opportunities for MSMEs across travel, hospitality, logistics...
One Atmosphere to invest Rs 500 crore for the expansion of luxury service apartments verticalONE Atmosphere is investing Rs 500 crore to expand its luxury service apartments, aiming for 7500 keys in India and abroad over five years....
Tourism sector can create 100 million more jobs by 2047: FAITHIndia's tourism sector is set for a massive job surge, potentially creating 100 million direct jobs by 2047. Industry leaders emphasize the...
Regulating charity without stifling it: The case for clearer rulesIndia's charity sector, vital for social needs, faces evolving regulations aimed at transparency. While scrutiny is accepted, current rules...
Stress, poor sleep and processed food are driving heart attacks in young Indians: Ramakanta PandaYoung Indian professionals, particularly in IT and finance, are facing a heart disease crisis due to unhealthy lifestyles. Leading cardiac ...
West Bengal unveils jobs-led budget with tourism, North Bengal pushWest Bengal's new budget prioritizes a five-pronged revival strategy, focusing on women's empowerment, youth employment, and agriculture. K...
West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...
President Droupadi Murmu, PM Modi unveil projects worth over Rs 47,600 crore in OdishaPresident Murmu and Prime Minister Modi launched over Rs 47,600 crore in development projects across Odisha, boosting energy, infrastructur...
Palestinian Embassy calls for urgent medical aid: "If not India and Indian people, then who?"Palestine's Embassy in India has issued a dire plea for immediate medical aid, warning of a healthcare sector collapse due to ongoing confl...
Plan in the works to let hospitals import med equipment directlyIndia's drug regulator is proposing to allow hospitals to directly import advanced medical equipment like MRI and CT scanners, bypassing cu...
Mizoram CM Lalduhoma highlights role of externally aided projects in Northeast development at Shillong seminarMizoram Chief Minister Lalduhoma said externally aided projects not only provide financial assistance but also bring valuable technical exp...
KKR eyes at least $1 billion stake in Medicover's India hospital arm, source saysGlobal investment firm KKR is in advanced discussions to acquire a significant stake in Medicover's Indian hospital operations. The deal is...
FEMA probe against Apollo Hospitals, 5 directors closed after compounding order: EDA foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...
DS Group to launch Marriott International’s W Hotels brand in Delhi NCRDS Group is launching a 200-room W Hotels property in Delhi NCR in 2027, investing Rs 400 crore. This expansion increases their hospitality...
DS Group to hike investment in hospitality segment to Rs 1,500 cr: Vice-Chairman Rajiv KumarDS Group is boosting its hospitality investment to Rs 1,500 crore. The conglomerate plans to double its room count ahead of its 2029 target...
FIFA 2026: Hotel boom fails to kick off as overseas demand hit by migration rules, ticket prices, airfaresIndian-origin hoteliers in the US report subdued international interest for the football World Cup, citing stricter immigration policies, h...
Royal Orchid plans to add 50 hotels, betting on local demand boostRoyal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge...
NSE Indices launch 11 new sectoral indices including Nifty Power and Nifty HospitalsNSE Indices has introduced 11 new sectoral benchmarks, taking its total sectoral index count to 34. The move aims to deepen sector-specific...
The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...