Wyndham, Cygnett To Add 60 Hotels Across South Asia
Wyndham Hotels & Resorts has entered into a strategic alliance with Indian hospitality group Cygnett Hotels & Resorts to significantly expand its presence across South Asia. The collaboration will bring Wyndham’s La Quinta and Registry Collection Hotels brands to India, with plans to develop over 60 hotels across India, Bangladesh, Sri Lanka, and Nepal in the next ten years.This move seeks to capitalise on the growth of India’s travel and tourism industry, fuelled by infrastructure investments, a growing middle class, and rising domestic and international tourism.Dimitris M..
Marengo Asia To Invest Rs 1.5 Billion In West India Expansion
Marengo Asia Healthcare, a prominent multi-specialty hospital platform backed by marquee investors including Samara Capital, Havells Family Office, and the Godrej Family Office, has announced a strategic investment of Rs 1.5 billion to expand its presence into Maharashtra and Rajasthan. The move is part of the group’s wider vision to build a pan-India network by strengthening its operations across northern and western India.Currently operating around 1,500 beds across four hospitals in Delhi NCR and Gujarat, Marengo plans to double its bed capacity to 3,000 within the next 12 months. This wi..
Ramco Cements Sells Rs 240 Million in Non-Core Assets
Ramco Cements Ltd has sold non-core assets worth Rs 240 million as part of its ongoing monetisation strategy. The recent disposal includes Rs 197.7 million from divesting equity holdings in other companies and Rs 42.8 million from selling company-owned land.This transaction, finalised on 11 July 2025 at 11:00 a.m., surpassed the materiality threshold of Rs 157 million. With this move, the total value of non-core assets monetised by the Tamil Nadu-based cement major has now reached Rs 4.84 billion. The company has set a broader target of unlocking Rs 10 billion from such divestments over time.D..
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