RLDA invites leasing bids in New Delhi for mixed-use development

Hilton Plans to Grow India Portfolio by 10 Times

Hilton has announced plans to grow its presence in India tenfold, unveiling its future strategy at the country’s first-ever Hilton Brand Showcase, hosted in Bengaluru. The immersive event showcased ten of Hilton’s twenty-four brands through interactive galleries and live experiences.The company revealed its first LXR Hotels & Resorts property will open in Bengaluru in 2026. This move aligns with Hilton’s broader objective to triple its luxury footprint in the region. Other upcoming projects include Waldorf Astoria and Conrad in Jaipur and Signia by Hilton, expected in 2028.Through st..

Ramee Group Signs New Hotel Project in Rajkot

Ramee Group of Hotels has announced the signing of a new hotel project in Rajkot, Gujarat. Strategically located in one of Western India's fastest-growing cities, the upcoming hotel will feature ninety well-appointed rooms, multiple versatile banqueting spaces, and two distinctive restaurant concepts catering to both business and leisure travellers.This new property marks a significant step in Ramee Group’s continued expansion across key Tier II cities, reinforcing the brand’s commitment to delivering world-class hospitality experiences in emerging markets. The hotel is being developed in ..

KPIT Tech to Acquire Caresoft Engineering Biz for $191 Mn

KPIT Technologies has acquired the Engineering Solutions business of Caresoft Global for USD 191 million. This acquisition supports KPIT’s expansion into truck and off-highway engineering, marks its entry into the Chinese market, and enhances manufacturing engineering capabilities within the mobility sector.The agreement includes a USD 25 million variable consideration, tied to revenue milestones and strategic business synergies. KPIT may pay this amount in one or multiple instalments over four years, either in cash or equity shares.Through this deal, KPIT gains full ownership of Caresoft en..