India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.
The WTA Bangalore Open is now a Tier II event and will offer the highest prize money for a tennis event in India.
Chandigarh Dynamos lifted the title in Tier II defeating Delhi Dazzlers 4-3 in sudden death in their last PHL match.
'Earlier, our cost of funds was higher than most in the peer group.'
India's job market continued its upward momentum in February, witnessing 41 per cent year-on-year growth mainly driven by freshers hiring, a report said on Thursday. In February, fresher hiring rose by 26 per cent year-on-year (YoY) reflecting sustained employer demand for entry-level talent, according to data by foundit (formerly Monster APAC and ME), Asia's jobs and talent platform.
Tata Consultancy Services is eyeing tier-II and tier-III cities such as Pune, Nagpur, Gandhinagar, Kochi and Chandigarh to drive its future growth in the domestic market.
Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net direct tax collections as of March 16, compared to 48.1 per cent on the same date in 2023-24 (FY24).
Aimed at attracting nearly Rs 1 lakh crore private investment, the station redevelopment project envisages infrastructure revamp at platforms and circulating areas.
To meet the growing demand for entertainment venues, Cinemax India will invest Rs 350 crore (Rs 3.5 billion) over the next three years to build new multiplexes in 15 locations, mostly in tier-II cities.
The United States would focus on tier II and III cities in India for increasing trade as they offer huge business potential, US Commercial Consul for South India Aileen Nandi has said.
'We handle close to 3 million rides daily, making us one of the largest players in this segment'
Infosys Technologies plans to set up five SEZ in Tier II cities -- Mysore, Bangalore and Thiruvananthapuram.
Korean multinational, Samsung said it has decided to focus on tier II and tier III markets in India by introducing customisation in products for the Indian market with an aim of driving 26 per cent of its revenues this year to come from these markets.
Even mid-size and smaller IT companies are going slow on recruitments due to the uncertainty in business from the US, which is the single-largest market for these companies, says L Venkataesan, a placement consultant based in Tiruchy. JJ College of Engineering in Tiruchy, till before last year, saw almost 95 per cent of its students being placed.
Tata Motors-owned British luxury brands Jaguar and Land Rover is planning to expand its dealership network from 15 to 20, targeting tier-II cities like Bangalore, Surat and Aurangabad.
Karnataka projects tier-II cities for IT growth
Skincare gift combos, de-tan kits, makeup face palettes, healthy chocolate combos, scent hampers, books and bookmarks, silver bands, rings, gold pendants...
PVR Cinemas announced on Tuesday its foray into tier II and tier III cities of the country with 'PVR Talkies' and said it would be investing Rs 200 crore (Rs 2 billion) over the next three years towards its expansion. \n
Sluggish urban demand, a high base effect, and weak sales of hatchbacks and sedans weigh down passenger vehicle sales in FY25.
According to the Department of Pharmaceuticals' annual report for 2024-25, India imported medical devices worth $8.1 billion, while exports stood at $3.7 billion in the financial year 2023-24 (FY24)
'We saw 581 chocolate orders per minute and 324 rose orders per minute.'
In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23
'Cancer incidence is projected to increase by 12.8 per cent by 2025 compared with 2020, necessitating more dedicated cancer treatment centres and specialised beds.'
'Republic Day week has consistently been a lucrative period for the film industry.'
BPO, which is growing at 12 per cent annually in the country, is expected to touch $50 billion by 2020 from the present $21 billion.
'The demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick.'
Broadband service provider YOU Telecom will invest around Rs 428 crore (Rs 4.28 billion) in the next two years.
India's healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding global opportunities. According to data, key contributors to the record fundraising included Sai Life Sciences (Rs 3,043 crore), IKS Health (Rs 2,498 crore), and Sagility India (Rs 2,107 crore).
The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.
'However, this process will take some time. Depending on the approval timeline, it may span a few quarters.'
'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.' 'They like the execution that they see with Zepto, and for us, that is the most important factor.'
Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.
Meta announced a first-of-its-kind initiative called 'WhatsApp Bharat Yatra', where the company will go to Tier-II and Tier-III cities to provide on-ground, in-person training to small businesses.
The rise of startups and a thriving entrepreneurial culture in Tier-II and Tier-III cities is contributing to the increasing sales of high-end cars.
These bonds carry AAA/stable rating from Crisil. The tenure of this paper is expected to be 10 years. "The yields on the 10 year government bonds dipped from around 8.6 per cent at the end of September to about 5.7 per cent now. Hence, the bank will save on costs as it will be in a position to place bonds at lesser rates now," a senior SBI official said.
With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is 'cautiously optimistic' for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation.
Maruti Suzuki India (MSIL) plans to open new Arena Satellite showrooms as the country's largest carmaker aims to tap small towns and new markets, said a senior company executive, amid signs of recovery in rural demand and an approaching festival season. Senior executive officer for marketing and sales MSIL, Partho Banerjee, told Business Standard the company was aiming to penetrate deeper into markets and reach closer to its customers. "We have already had a concept of mobile showrooms in the Arena channel.
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