HOSPITALITY Tata Steel Completes Full Acquisition Of Medica TS Hospital In Odisha

Tata Steel Ltd has completed the acquisition of 100% stake in Medica TS Hospital Pvt Ltd from Manipal Hospitals Eastern India Pvt Ltd for a total cash consideration of ₹1.49 crore. With this transaction, Medica TS Hospital has become a wholly owned subsidiary of Tata Steel. Stake consolidation Under the Share Purchase Agreement dated March […]

CW Bureau · Mar 31, 2026

HOSPITALITY After Expansion, Residential Realty Sales Growth To Moderate In FY27

The residential real estate sector has entered a phase of calibrated growth following a strong post-pandemic expansion. Between fiscal 2022 and fiscal 2025, the industry recorded a compound annual growth rate (CAGR) of 26% in sales (value). Despite the moderation, steady operating performance, supported by healthy collections, has enabled developers to maintain controlled debt levels, […]

CW Bureau · Mar 30, 2026

HOSPITALITY United Helicharters Wins Kedarnath Helicopter Shuttle Service Contract

United Helicharters Pvt Ltd (UHPL), a subsidiary of Exhicon Events Media Solutions, has been awarded a contract by the Uttarakhand Civil Aviation Development Authority to operate helicopter shuttle services in Uttarakhand. Mandakini Valley–Kedarnath route contract The contract pertains to helicopter shuttle services on the Mandakini Valley to Kedarnath Temple route. UHPL successfully qualified in the […]

CW Bureau · Mar 30, 2026

HOSPITALITY Healthcare Global Defers 34% Vizag Hospital Stake Buy By Three Weeks

Bengaluru-based HealthCare Global Enterprises Ltd (HCG), one of the largest cancer care networks, and Vizag-based Mahatma Gandhi Cancer Hospital & Research Institute (Vizag Hospital) have mutually agreed to extend the second closing date of acquisition by three more weeks. Phased acquisition structure As per the agreement, HCG announced the acquisition of Vizag Hospital in three […]

CW Bureau · Mar 29, 2026

HOSPITALITY West Asia Crisis Weighs On India’s Housing Sales In March Quarter

The ongoing West Asia crisis has had a noticeable impact on India’s real estate market, with housing sales witnessing a sequential decline in the first quarter of calendar year 2026 (Q1 2026) compared to the preceding quarter. According to the latest Anarock Research data, housing sales across the top seven cities fell by 7% quarter-on-quarter. […]

CW Bureau · Mar 27, 2026

HOSPITALITY IHCL Expands Wildlife Portfolio With Taj Safaris Lodge In MP’s Satpura

Indian Hotels Company Ltd (IHCL), India’s largest hospitality company, has announced the signing of a new Taj Safaris lodge in Satpura, Madhya Pradesh. The project will be developed as a greenfield property, further strengthening IHCL’s footprint in India’s growing wildlife tourism segment. Strengthening Presence In Madhya Pradesh IHCL executive VP,  real estate & development Suma […]

CW Bureau · Mar 27, 2026

HOSPITALITY Royal Orchid Hotels Signs 103-Key Regenta Property in Mundra, Gujarat

Royal Orchid & Regenta Hotels Ltd (ROHL), one of India’s fastest-growing hospitality chains, has announced the signing of a new upscale property in Mundra, Gujarat. The upcoming Regenta Hotel, Mundra will be operated under a hotel management agreement, reinforcing ROHL’s asset-light expansion strategy and strengthening its presence in key industrial and port cities across India. […]

CW Bureau · Mar 27, 2026

HOSPITALITY Sundaram Clayton Sells 16.33 Acres Prime Land In Chennai For ₹558.62 Cr

Sundaram-Clayton Ltd (SCL), part of the TVS Group, has completed the sale of 16.33 acres of land in Padi, Chennai, for a total consideration of ₹558.62 crore. The company had entered into a sale agreement with Canopy Living LLP, a joint venture between Arihant Foundations & Housing Ltd and Prestige Estates Projects Ltd, on January […]

CW Bureau · Mar 26, 2026

HOSPITALITY IHCL Inaugurates Vivanta Vrindavan, Boosts Presence In Spiritual Heartland

Indian Hotels Company (IHCL), India’s largest hospitality company, has announced the opening of Vivanta Vrindavan, marking the brand’s debut in one of the country’s most revered spiritual destinations. Strategic Expansion into India’s Growing Spiritual Tourism Market IHCL executive VP, new businesses and hotel openings Deepika Rao said, “India’s spiritual destinations continue to see sustained and diverse […]

CW Bureau · Mar 26, 2026

HOSPITALITY Brigade Launches Net-Zero Project Lumina In Bengaluru, Eyes ₹700 Cr

Real estate major Brigade Group has announced the launch of its latest residential project, Lumina, a net-zero carbon development spread across 4.11 acres in the fast-evolving northwest corridor of Bengaluru along Tumkur Main Road. The project aligns with the company’s growing focus on sustainable urban living while tapping into one of the city’s emerging real […]

CW Bureau · Mar 26, 2026