HOSPITALITY Medanta To Invest ₹550-Cr In Multi-Specialty Hospital In Varanasi

Global Health Ltd (Medanta), one of the largest private multi-specialty tertiary care providers in North and East India, has entered into a built-to-suit and lease arrangement with Shripal Hospitality and others to establish a 400-bed super speciality hospital in Varanasi with an investment of ₹550 crore. Under the arrangement, the partner will develop the civil […]

CW Bureau · Mar 25, 2026

HOSPITALITY Puravankara Plans 30 Projects Across South India With GDV Of ₹55,000-Cr

Real estate developer Puravankara has announced its plans to unveil 30 projects over the next 24 months, primarily across South India and Mumbai. The planned pipeline comprises nearly 51.14 million sq. ft. of developable area, with an estimated gross development value (GDV) of over ₹55,000 crore, marking a significant step-up in the company’s growth trajectory. […]

CW Bureau · Mar 25, 2026

HOSPITALITY Brigade Group Launches Belvedere With Revenue Potential Of ₹1,100 Cr

Real estate developer Brigade Group has announced the launch of Brigade Belvedere, a 10.75-acre residential development situated on Budigere Main Road, off Old Madras Road, in East Bengaluru. This initial phase of the development includes two of five planned towers, comprising 773 premium residential units. High-quality, Sustainable Housing With an estimated revenue potential exceeding ₹1,100 […]

CW Bureau · Mar 25, 2026

HOSPITALITY IHG Hotels & Resorts Signs Crowne Plaza Resort In Sohna, Gurgaon NCR

IHG Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement with Harisons Hotels & Resorts Pvt Ltd to introduce Crowne Plaza Resort Gurgaon Sohna near Palwal in the National Capital Region. Scheduled to open in first quarter of 2029, the signing marks another significant milestone in […]

CW Bureau · Mar 24, 2026

HOSPITALITY Apollo Hospitals Completes IFC Stake Acquisition In AHLL For ₹1,254 Cr

Corporate hospital network Apollo Hospitals Enterprise has successfully completed the acquisition of 30.58% equity stake in its subsidiary, Apollo Health and Lifestyle Ltd (AHLL), from International Finance Corporation and IFC EAF Apollo Investment Company, significantly strengthening its control over the business. Apollo Hospitals announced the Board decision to buy out the IFC and related shares […]

CW Bureau · Mar 23, 2026

HOSPITALITY Thomas Cook Board Clears Demerger Of Resorts Biz Into Sterling Holiday

The board of Thomas Cook (India) Ltd (TCIL) has given its in-principle approval for the demerger of its Resorts and Resort Management business into Sterling Holiday Resorts Ltd (SHRL), along with a subsequent capital restructuring of the former. The proposal is subject to final approval from the National Company Law Tribunal (NCLT). The demerger will […]

CW Bureau · Mar 21, 2026

HOSPITALITY Mahindra Holidays Expands With Two New Resorts In Maharashtra, MP

Leisure hospitality firm Mahindra Holidays & Resorts India Ltd (MHRIL) has strengthened its presence in western and central India with the launch of two new resorts in Maharashtra and Madhya Pradesh, adding 159 keys to its portfolio. Expanding into emerging destinations: The properties, Club Mahindra Amba Ghat and Club Mahindra Bandhavgarh, reflect the company’s strategy […]

CW Bureau · Mar 20, 2026

HOSPITALITY Cipla To Invest $100-Mn In Cipla (EU); To Merge Inzpera Healthsciences

Leading global pharmaceutical company Cipla Ltd approved an investment of $100 million in its wholly owned subsidiary Cipla (EU) and amalgamation of Inzpera Healthsciences Ltd with itself. In a regulatory filing, Cipla said that the investment of $100 million in Cipla (EU) will be utilised for onward financial assistance to InvaGen Pharmaceuticals Inc. towards capital […]

CW Bureau · Mar 20, 2026

HOSPITALITY Lemon Tree Hotels Signs New Resort Property In Lonavala, Maharashtra

Leading hospitality company Lemon Tree Hotels Ltd has expanded its presence in Maharashtra by signing a 50-keys resort in Lonavala. With 15 operational properties in the state and 14 more in the pipeline, including this signing, the company continues to deepen its presence in Maharashtra. The resort will be managed by Carnation Hotels Pvt. Ltd, […]

CW Bureau · Mar 19, 2026

HOSPITALITY Godrej Properties Buys 20-Acre Land In Bengaluru, Eyes ₹1,350 Cr Revenue

Godrej Properties Ltd (GPL), one of India’s leading real estate developers, has announced the acquisition of a 20-acre land parcel in East Bengaluru, in a strategic expansion in one of the city’s most vibrant residential corridors. The company plans to develop a premium residential project on the site, with an estimated revenue potential of around […]

CW Bureau · Mar 18, 2026

HOSPITALITY IHCL Signs SeleQtions Hotel In Digha, Expands Presence In Eastern India

Indian Hotels Company Ltd (IHCL), India’s largest hospitality company, has announced the signing of a new SeleQtions hotel in Digha, marking a greenfield development in one of Eastern India’s key coastal destinations. Strengthening Presence In Emerging Tourism Hubs The upcoming property will be developed in partnership with the Ambuja Neotia Group, further extending the long-standing […]

CW Bureau · Mar 17, 2026

HOSPITALITY Hard Rock Cafe Ends Pact With JSM Corporation, Shuts 10 Outlets In India

Hard Rock International has terminated its licensing partnership with JSM Corporation, revoking the latter’s rights to operate Hard Rock Cafes and Rock Shops across India, the company said in a LinkedIn post on Monday. The move resulted in closure of 10 outlets across India including those in Bengaluru (city and airport), Bengaluru Whitefield, Chandigarh, Chennai, Hyderabad […]

CW Bureau · Mar 17, 2026