Royal Orchid Hotels Expands Footprint with New Rishikesh Property

09 Dec 2025 CW Team

Royal Orchid Hotels Ltd (ROHL) has announced the signing of a new 36-key hotel in Tapovan, Rishikesh, marking its strategic entry into Uttarakhand’s fast-growing tourism market. The property, to be operated under a management agreement, aligns with the company’s asset-light expansion approach and aims to strengthen its presence in culturally significant destinations.

The hotel is located close to the River Ganga, popular ashrams and key adventure activity zones. Designed for both spiritual travellers and adventure seekers, it will offer well-appointed rooms, a multi-cuisine restaurant, banquet and conference spaces suitable for destination weddings and corporate gatherings, along with a spa and fitness centre. Its position provides convenient access to Rishikesh landmarks including Ram Jhula and Laxman Jhula.

According to Chander K Baljee, Chairman and Managing Director, the signing reinforces the brand’s commitment to expanding across heritage and high-demand tourist centres. The development is being undertaken in partnership with IRIS Park Leisures Private Limited, whose representatives expressed confidence in delivering a high-quality Regenta experience that blends local tranquillity with world-class service.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..