India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Pune : Radisson Blu Pune Hinjawadi announces the appointment of Mr. Prajanya Chauhan as Assistant Food and Beverage Manager. With an impressive career spanning 14 years in the hospitality industry, Prajanya brings with him a wealth of experience in food and beverage operations, guest satisfaction, and team leadership. A graduate in Hotel Management, his professional journey includes key roles at renowned hospitality brands such as Radisson Chennai, Cidade De Goa, Taj Vivanta Goa, Holiday Inn Goa, Novotel Goa, Della Resorts Lonavala, and Royal Orchid Hotel Bangalore. Recognized for his operational excellence and passion for delivering elevated dining experiences, Prajanya has successfully led diverse F&B teams, consistently driving innovation and service quality. His leadership style, attention to detail, and guest-first philosophy make him a valuable asset to the hotel's leadership team. Commenting on his new role, Prajanya said, "Joining Radisson Blu Pune Hinjawadi is a remarkable opportunity to contribute to a brand known for its culinary creativity and service excellence. My focus will be on enhancing our F&B offerings, curating memorable dining experiences, and building a strong service culture that reflects the brand's high standards. I look forward to working closely with the team in this exciting journey." Mr. Amit Raman, General Manager, Radisson Blu Pune Hinjawadi, said, "We are pleased to welcome Prajanya to the Radisson Blu family. His deep-rooted experience across leading hotel brands, combined with a sharp operational mindset and people-oriented leadership, will undoubtedly strengthen our food and beverage operations. We look forward to his contributions in driving excellence and innovation across our dining venues."
BENGALURU, India, June 5, 2025 /PRNewswire/ -- Marriott India proudly achieved its ambitious goal for World Environment Day 2025, a commitment to plant 100,000 trees across its extensive portfolio of over 150 hotels nationwide. This significant undertaking marked a powerful escalation of Marriott India's dedication to sustainability and ecological restoration, building upon the success of its previous environmental initiatives. This landmark endeavor was built upon the successful foundation of last year's 'Two Trees per Room' initiative, launched on World Environment Day 2024. That program, a ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
US, Spain, Thailand, China, Tokyo, Munich, and more will showcase Marriott International's trailblazing luxury experiences, offering transformative travel in 2025. At the International Luxury Travel Market (ILTM) in Cannes, Marriott International, Inc. has unveiled an exciting new phase of global expansion. The Luxury Group is introducing a range of innovative brand extensions, including luxury tented camps, remote lodges, and personalized experiences, all designed to elevate Marriott's position as a global leader in premium hospitality. With a portfolio that includes renowned names such as T ...Read More >
Mumbai, Jul 8 (PTI) Indian Hotels Company Ltd (IHCL) on Tuesday announced the signing of a new 160-key greenfield hotel in Jaipur, Rajasthan, which will be under Vivanta brand. "Fuelled by major infrastructure developments, Jaipur has rapidly evolved as a key regional hub, significantly boosting demand from business and MICE segments apart from the long-established leisure segment. Also Read | Bodoland Lottery Result Today, July 08, 2025: Assam State Lottery Sambad Tuesday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. "This signing aligns with IHCL's strategy to expan ...Read More >
Indian businesses say they are struggling to keep operations running as gas supplies are disrupted by the US and Israel's war on Iran. Restaurant owners are scrambling to keep kitchens running and entrepreneurs in industries like ceramics and fertilisers say they are unable to maintain their production and are warning of shutdowns. India has said it is not short of gas but has invoked emergency measures to ensure supplies get to domestic consumers and other key users. The country meets half of ...Read More >
Hyatt Hotels Corporation is expanding its presence in India and Southwest Asia. Vikas Chawla will lead the company's strategy and growth in the region starting April 1, 2026. Hyatt plans to add nearly 5,000 rooms to its pipeline in 2025. The company is strengthening its brand in key cities and exploring new destinations. New Delhi: Hyatt Hotels Corporation has announced the appointment of Vikas Chawla in the newly created senior role of President - India and Southwest Asia effective April 1, 202 ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >
Excessive rains wreaking havoc in the form of cloudbursts, flash floods and landslides are becoming a perpetual curse for tourism in Himachal Pradesh during the monsoon season. However, with the withdrawal of monsoon, the hospitality industry is pinning hope on revival. The tourism sector, the main stake of Himachal, contributes over Rs 14,000 crore annually to the state gross domestic product (SDGP) and provides employment to a large population. "The room occupancy in the state which ranged b ...Read More >
A viral video shows a guest at a Taj Hotel being asked to uncross her legs while dining, sparking a national debate. While some decry the incident as classist and humiliating, others argue fine dining establishments have decorum expectations. The controversy highlights the tension between personal comfort and public etiquette in elite spaces.A recent video from inside a luxury restaurant has taken social media by storm- not for what was served on the table, but because of how a guest sat at it. I ...Read More >
PRNewswire New Delhi [India], March 11: Following the signature of the landmark UK-India Free Trade Agreement (FTA), the food and drink sector is emerging as a key driver of bilateral trade. The agreement is expected to create new opportunities for exporters and importers in both countries by improving market access and strengthening commercial ties. The deal will lead to an increase in bilateral trade by £25.5 billion every year in the long term, supporting new jobs and growth across both economies. Reflecting on this momentum, the UK Government represented by the British High Commission in ...Read More >
Jammu, April 1: Chief Minister Omar Abdullah on Wednesday said the government will adopt a Rajasthan-style behavioural training model for tourism stakeholders to improve the experience of holidaymakers visiting the Union Territory. In reply to questions by Congress MLA Irfan Hafiz Lone and National Conference (NC) MLA Tanvir Sadiq, the chief minister said that clean tourist destinations are vital to ensuring visitors return. Omar, who also holds the tourism portfolio, said that while harassment of tourists is not widespread, even a single incident is unacceptable as it damages the overall to ...Read More >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
New Delhi, Jan 8 (PTI) Global hospitality major Radisson Hotel Group on Wednesday announced the opening of a new property at Vellore in Tamil Nadu. With the opening of The Park Inn by Radisson Vellore, the group now has seven hotels across the state under brands such as Radisson, Radisson Blu and Park Plaza, Radisson Hotel Group said in a statement. "This opening underpins our strategy of being the first mover and focusing on Tier III cities like Vellore where rich cultural heritage meets a growing economic landscape. This approach allows us to cater to diverse travellers while fostering new ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...Read More >
Lucknow: Ramayan-themed wax museum coming up at Ayodhya is now ready for inauguration by Chief Minister Yogi Adityanath during the ninth Deepotsav celebration, an official spokesperson said on Wednesday. Termed first of its kind in the world, the museum, built in collaboration with Ayodhya Municipal Corporation, is located opposite Kashiram Colony on Chaudah Kosi Parikrama route. "Recreating ambience of Treta Yuga it will be a centre of faith and global tourist attraction," he added.Sprawling 9,8 ...Read More >
Karan Patel, founder of Redfox Cybersecurity Pvt. Ltd., joins the board of Fairfield by Marriott Mumbai Andheri West. His diverse expertise exemplifies a strategic approach to entrepreneurship, navigating multiple sectors. Patel's leadership, coupled with the team's varied skills, positions the hotel as a hub for hospitality excellence. In India's entrepreneurial ecosystem, Karan Patel stands out for his pursuit of excellence across sectors. As the founder of Redfox Cybersecurity Pvt. Ltd., and ...Read More >
Two Australian women cricketers were stalked and one was molested in Indore. A man on a motorcycle followed them from their hotel. Police arrested the accused, Akil Khan, based on a bystander's information. Khan has previous criminal cases. The incident occurred while the cricketers were in India for the ICC Women's Cricket World Cup. Two Australian women cricketers, taking part in the ICC Women's Cricket World Cup, were allegedly stalked, and one of them was molested by a motorcycle-borne man i ...Read More >
The Indian Hotel and Restaurant Association (AHAR) announced a nationwide liquor bandh to oppose Maharashtra's tax hikes, which it said are pushing the industry towards a collapse. More than 20,000 bars and permit rooms across Maharashtra will shut operations on July 14 (Monday) in protest against the state government's tax hikes on liquor, which they characterised as "draconian". The Indian Hotel and Restaurant Association (AHAR) said the nationwide bandh has been organised to oppose the state ...Read More >
Today, the portfolio encompasses a variety of property types and experiences appealing to a broad traveller demographic. With an extended brand portfolio that now encompasses the new premier, boutique, and retreats segments, Radisson Individuals provides even more opportunities for distinction and visibility for each hotel. Radisson Individuals is a soft brand offering independent hotels and regional chains the opportunity to join Radisson Hotel Group's global network and distribution platform, ...Read More >
IBIZ Group President Thomas PO Acquires ₹8 Crore Villa at Arihant World Villas, Chowk Panvel IBIZ Group President Thomas PO Acquires ₹8 Crore Villa at Arihant World Villas, Chowk Panvel 3 min read Last Updated : Oct 17 2025 | 4:40 PM IST VMPL New Delhi [India], October 17: In a landmark transaction that reflects the rising appetite for trophy homes among global executives, Mr. Thomas PO, President of IBIZ Group a leading U.S.-based management consulting firm has acquired a ₹8 crore vill ...Read More >
Pantnagar (Udham Singh Nagar), Apr 2 (PTI) A 40-year-old Delhi woman has died under suspicious circumstances at a five-star hotel here, police said on Thursday. The deceased, Jyoti Sharma, a resident of Lodhi Road in Delhi, was staying at the Radisson Blu hotel with her business associate, Amit Chaudhary, when she allegedly fell ill late Tuesday night, they added. Chaudhary approached the hotel reception to request medical assistance, following which Sharma was taken to a hospital where she was declared dead, police said. Chaudhary has been taken into police custody for questioning, they sa ...Read More >
In 2025, Ecuador is set to unveil a host of groundbreaking tourism initiatives. This follows a consistent uptick in tourism revenues, attracting both local and global hospitality enterprises to invest in the nation's tourism infrastructure. These developments include the introduction of new hotels and cruises, supplementing an existing array of 4,957 hotels and 15 cruise operations. The Ministry of Tourism of Ecuador reports a visitor count exceeding 589,000 in just the first half of the year, with projections from Statista estimating a steady growth rate of 2.88% annually through 2029. This ...Read More >
NEW DELHI: The US embassy in India has warned that "committing assault, theft, or burglary in the United States won't just cause you legal issues -- it could lead to your visa being revoked and make you ineligible for future US visas". The warning was issued days after a video of an Indian woman who tried to leave a store with a cart full of items without paying went viral. This also prompted the embassy to say, "The US values law and order and expects foreign visitors to follow all US laws."Responding to queries on the issue, the ministry of external affairs said that "whether a person is liv ...Read More >
Forbes contributors publish independent expert analyses and insights. The Radisson hospitality brand has been in significant growth mode, especially in the past decade. In 2022, Choice Hotels acquired Radisson Hotel Group Americas with the rest of its international portfolio remaining under Radisson. From adding brands in its upscale and luxury portfolios to expanding its global reach, Radisson has matured to compete with the top hospitality brands. Much of this significant expansion has been o ...Read More >
Hyderabad: In a major crackdown on narcotics trafficking, the EAGLE unit at Cyberabad Narcotics Police Station dismantled a drug network involving international suppliers, pub-based consumers, courier delivery of narcotics. Police arrested the owner of Malnadu Kitchen, located in Kompally. Police arrested a key peddler and consumer, Surya Annamaneni (34), a hotel entrepreneur and resident of Kompally, Hyderabad. The arrest unraveled deep-rooted, transnational and digital financial transactions. According to police, a team from Cyberabad Narcotics intercepted Surya near his restaurant, Malnad ...Read More >
The Indian Hotels Company Limited (IHCL) is India's largest hospitality company by market capitalisation (₹1.08 trillion), offering a unique blend of Indian warmth and world-class service through a diverse portfolio of brands. Indian Hotels share price: Indian Hotels Company Limited (IHCL) share price was buzzing in trade on Friday, July 18, 2025, with the scrip rising as much as 1.63 per cent to an intraday high of ₹766.40 per share. At 9:30 AM, IHCL share price was trading 0.91 per cent higher at ₹760.90. In comparison, BSE Sensex was down 0.23 per cent at 82,066.18 levels. Why were IHCL ...Read More >
Pune (Maharashtra) [India], August 14: Ventive Hospitality Ltd (BSE: 544321, NSE: VENTIVE) announced its consolidated financial results for Q1 FY 2026, ending June 30, 2025. In Q1 FY 26, the company reported consolidated revenue of Rs. 520 crore, a growth of 181 year on year (yoy). Consolidated EBITDA2 was at Rs. 220 crore, a growth of 13 yoy. Consolidated EBITDA margin was at 42. Profit after tax was Rs. 38 crore. Ventive hospitality business generated revenue of Rs. 387 crore, a growth of 23 yoy. The hospitality business EBITDA was at Rs. 111 crore, up 35 yoy. The hospitality business EBIT ...Read More >
India's hotel demand is set to outpace supply for the next three years, driving higher prices and occupancies, says ICRA. The rating agency forecasts a 5-6% CAGR in supply vs. 8-10% in demand, with expansion into Tier-II/III cities. Demand for hotels in India is expected to continue to outpace the supply addition, at least over the next three years, rating agency ICRA said Monday, inferring that the demand-supply mismatch augurs well for the pricing environment and occupancies for the key hospit ...Read More >
Dona Paula, Goa: A tragic road accident in North Goa has sparked outrage and demands for transparency after a young hospitality professional lost her life in what police describe as a high-speed collision involving a luxury car allegedly driven by a businessman's son. The accident took place late Sunday night in the Dona Paula area when a speeding Mini Cooper allegedly rammed into a motorcycle carrying two hotel employees. The impact proved fatal for 23-year-old Diksha Parwadkar, who was riding pillion, while her colleague D. Arunkumar, 26, sustained critical injuries and continues to battle ...Read More >
Wedding bells are ringing in the Tendulkar household! Arjun Tendulkar, the 25-year-old cricketer and son of India's beloved batting legend Sachin Tendulkar, is officially engaged. The lucky bride-to-be is Saaniya Chandok, granddaughter of prominent Mumbai businessman Ravi Ghai, whose family owns the InterContinental hotel and Brooklyn Creamery, as reported by India Today. The news shared by Hello India on X has sent fans into a frenzy, marking the union of two influential Mumbai families in a ce ...Read More >