Open for business

23 Apr 2024 CW Team

The Indian hospitality industry is on a roll. 2023 saw a record number of hotel signings and openings: 25,176 keys were signed and 12,647 keys were opened, taking the branded keys inventory to ~ 207,000, up from ~ 94,000 a decade ago, with a more equitable distribution across most segments, reports Jaideep Dang, Managing Director, Hotels and Hospitality Group, India, JLL.

Hotel investments touched $401 million, nearly four-fold the volume witnessed in 2022. Last year also saw 22 hotel assets traded, the most in the previous decade, and three hotel companies successfully debuting on the stock market through their Initial Public Offerings...

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Infrastructure Energy

06 Oct 2025

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Vaishvi Hospital First in Gujarat to Receive IGBC Green Healthcare Plaque

Vaishvi Hospital, Vadodara, has been conferred the prestigious IGBC Green Healthcare Certification Plaque by the Indian Green Building Council (IGBC), part of CII. The award recognises the hospital’s commitment to sustainable healthcare infrastructure and eco-conscious operations. The plaque was handed over to Dr. Jaimeen Jesalpura, Director, Vaishvi Hospitals, by Ms. Shreya Dalwadi, Chairperson, IGBC Vadodara Chapter, along with other IGBC officials. Vaishvi Hospital has emerged as a model for green healthcare design, integrating strategies that enhance environmental performance..

Hindustan Zinc Advances Animal Welfare Impacting 8.7 Lakh Animals

Hindustan Zinc, the world’s largest integrated zinc producer, is driving one of India’s most ambitious animal welfare and biodiversity initiatives. Since 2016, its interventions have positively impacted over 8.7 lakh animals through health camps, rescue operations, and ‘One Health’ care. A key initiative is the Rs 5 crore MoU with the Udaipur Forest Department to develop the Baghdarra Crocodile Conservation Reserve. The project focuses on restoring crocodile habitats through afforestation of 5,000 saplings, water conservation structures, and eco-trails, benefiting more than ..