HOSPITALITY
Lemon Tree Hotels Forms JV With RJ Corp For Aurika Shillong Project
Lemon Tree Hotels Ltd’s wholly owned subsidiary Carnation Hotels Pvt Ltd has entered into a Joint Venture Agreement with RJ Corp Ltd for the development and execution of the Aurika Shillong project through Arum Hotels Pvt Ltd. Arum is the special purpose vehicle formed for the project and is currently a step-down wholly owned subsidiary […]
CW Bureau
·
Sep 14, 2026
HOSPITALITY
Indian Hotels Company Signs 20 Hotels In Q1, Expands Portfolio To 645
Indian Hotels Company Ltd. (IHCL) has signed 20 hotels during the first quarter of FY27, taking its portfolio to 645 hotels, including a pipeline of 263 properties. The hospitality major also opened 11 hotels during the quarter, taking its operational portfolio to over 380 hotels across brands and markets. Growth Across Brands IHCL Executive Vice […]
CW Bureau
·
Jul 7, 2026
ECONOMY
ADB Grants $42.2-Mn Loan To Boost Bamboo Industry In Northeast India
The Asian Development Bank (ADB) has approved a $42.2 million Small Expenditure Financing Facility (SEFF) to strengthen the bamboo industry across India’s northeastern states, with the aim of boosting agricultural productivity, improving rural livelihoods, and reducing dependence on bamboo imports. The financing will support community-based projects across Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, promoting […]
CW Bureau
·
Jun 26, 2026
