HOSPITALITY Shriram Properties Q4 Net Rises 65%; FY26 Revenue Up 39% To ₹1,357 Cr

Shriram Properties Ltd (SPL) posted 65% growth in standalone net profit for the March quarter at ₹78.5 crore over the year-ago period, driven by strong sales momentum and improved market visibility despite external headwinds. Total revenue for the quarter rose 55% to ₹663 crore, while the company handed over around 1,348 residential units during the […]

CW Bureau · May 25, 2026

HOSPITALITY IHCL Expands Ginger Footprint With Hotel In Hyderabad’s Genome Valley

Indian Hotels Company Ltd (IHCL) has announced the opening of a new Ginger property in Hyderabad’s Genome Valley, strengthening the brand’s presence in one of the country’s leading life sciences and biotechnology hubs. The new Ginger hotel features 75 rooms tailored for modern business travellers and is positioned to cater to growing demand from corporate […]

CW Bureau · May 25, 2026

HOSPITALITY Kalpataru Bags Kandivali East Cluster Redevelopment With ₹1,250 Cr GDV

Kalpataru Ltd, a leading developer in Mumbai Metropolitan Region (MMR), has  announced the signing of a large cluster redevelopment project comprising five adjacent societies  in Ashok Nagar, Kandivali East, Mumbai. The project spans 2.8 acres of prime land and carries a free sale potential of 0.37 million square feet carpet area with an estimated Gross […]

CW Bureau · May 25, 2026

HOSPITALITY Puravankara Secures Land Parcel In Bengaluru With GDV Of ₹2,300 Cr

Puravankara Ltd has secured a 14.57-acre land parcel in Bengaluru’s Budigere-Mandur corridor with an estimated gross development value (GDV) of around ₹2,300 crore, as the real estate developer continues to expand its presence across high-growth micro-markets in the city. The company said the project will have a total saleable area of nearly 1.8 million square […]

CW Bureau · May 25, 2026

HOSPITALITY Park Medi World To Acquire Rudrapur Medicity Hospital For ₹177 Cr

Park Medi World Ltd, North India’s second largest hospital chain, has signed a definitive agreement to acquire 100% stake in Rudrapur-based Medicity Hospital for ₹177 crore in two tranches, marking its entry into Uttarakhand and expanding its footprint to six States. The acquisition is part of the Group’s strategy to pursue disciplined and value-accretive inorganic […]

CW Bureau · May 25, 2026

HOSPITALITY Dr Agarwal’s Health Care Q4 Net Up 17%; Revenue Increases 23%

Dr. Agarwal’s Health Care Ltd, India’s largest eye care service chain, reported a 17% increase in consolidated net profit for the March quarter at ₹50 crore over the year-ago period. Revenue from operations grew 23% to ₹564 crore. Revenue from India operations rose 22% to ₹505 crore, while revenue from mature facilities increased 31% to […]

CW Bureau · May 21, 2026

HOSPITALITY Hilton Signs Pact For First Hilton Garden Inn In Kompally Hyderabad

Hilton, a global hospitality company, has strengthened its presence in Hyderabad by signing a 96-key Hilton Garden Inn Hyderabad Kompally, expected to open in 2028. The hotel, Hilton’s third property in Hyderabad and its first Hilton Garden Inn in the city, will be developed by Fairmount and Friends LLP, part of the Fairmount Group. Hyderabad […]

CW Bureau · May 21, 2026

HOSPITALITY IHCL To Set Up Tree Of Life Resort In Wayanad, Marks Brand’s Kerala Debut

Indian Hotels Company Ltd (IHCL) has announced the signing of a Tree of Life resort in Wayanad, Kerala, marking the brand’s entry into the state. The brownfield project, spread across more than four acres, will feature a 55-key resort overlooking the Banasura Lake with views of the surrounding landscape. Expanding presence in leisure destinations IHCL […]

CW Bureau · May 21, 2026

HOSPITALITY Apollo Health, Cloudnine Combine Mother & Child, Fertility Businesses

Apollo Health and Lifestyle Ltd (AHLL), a healthcare services provider and subsidiary of Apollo Hospitals Enterprise Ltd, has entered into a combination with Kids Clinic India Ltd to merge their mother & child and fertility businesses and create one of India’s largest integrated maternity and fertility care platforms. AHLL operates its businesses under the brands […]

CW Bureau · May 21, 2026

HOSPITALITY IHG Signs Accord For 225-Key Jaipur Achrol Resort, Targets 2030 Opening

IHG Hotels & Resorts has signed a management agreement with Makson India Hospitality Pvt Ltd for the InterContinental Jaipur Achrol Resort, as the hospitality major continues to expand its luxury portfolio in India’s fast-growing leisure and destination wedding markets. Scheduled to open in early 2030, the 225-key luxury resort will come up on a 16-acre […]

CW Bureau · May 19, 2026

HOSPITALITY ITC Hotels Accelerates Asset-Right Strategy To Have 250 Hotels By 2031

ITC Hotels Ltd is pursuing an asset-right strategy to expand its portfolio to 250 operational hotels with more than 22,000 keys by 2031, amid rising domestic and global demand for hospitality services. The hospitality major said it would continue partnering with asset owners to strengthen its footprint across Tier II and Tier III cities, supported […]

CW Bureau · May 15, 2026

HOSPITALITY ITC Hotels Set To Acquire Kumarakom 5-Star Luxury Resort For ₹205 Cr

ITC Hotels Ltd will acquire 100% stake in The Zuri Hotels and Resorts Pvt Ltd, which owns a luxury resort in Kumarakom, Kerala, for an enterprise value of ₹205 crore on a cash-free, debt-free basis. The acquisition, subject to repayment of certain debts and customary obligations, involves a total cash consideration of ₹175 crore and […]

CW Bureau · May 15, 2026