Kamat Hotels Expands With New Property in North Goa

20 Aug 2025 CW Team

Kamat Hotels (India) Limited (KHIL), a pioneer in eco-conscious hospitality, has signed a management agreement to operate its second luxury property in North Goa under the “IRA by Orchid” brand .

The new hotel will feature 43 well-appointed guest rooms, a banquet hall, swimming pool, two in-house restaurants, and a health club. It aims to offer guests a blend of leisure, comfort, and Orchid’s signature eco-friendly hospitality. The property is scheduled to open by 30 September 2025 .

North Goa remains one of India’s most popular destinations, attracting both domestic and international travellers with its vibrant beaches, Portuguese heritage, nightlife, and bustling markets. KHIL’s expansion with IRA by Orchid strengthens its presence in this highly competitive tourism hub .

Executive Chairman and Managing Director Dr Vithal Kamat said the new hotel marks another milestone in KHIL’s growth journey. He emphasised the company’s commitment to providing sustainable and world-class hospitality experiences across India. Executive Director Vishal Kamat added that the property is designed to cater to both leisure and business travellers, blending comfort, convenience, and eco-conscious practices .

With this addition, KHIL continues to consolidate its footprint in the Indian luxury hospitality market, enhancing its offerings in Goa while staying true to its environmental ethos.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..