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One Atmosphere to invest Rs 500 crore for the expansion of luxury service apartments vertical
ONE Atmosphere is investing Rs 500 crore to expand its luxury service apartments, aiming for 7500 keys in India and abroad over five years. This move taps into India's booming extended-stay market, driven by demand for quality, space, and hotel-like services in residential settings. The brand, part of Atmosphere Core, will launch its first property in Gurgaon in 2026, with further expansion planned across India and key international destinations.
Bodycraft Clinic and Salon raises Rs 120 crore in Series A funding
Bodycraft Clinic and Salon has successfully attracted Rs 120 crore in Series A funding from Singularity AMC, marking a significant step towards expanding its presence across India. This funding will facilitate the opening of 30 new outlets, the enhancement of clinical technology and the elevation of customer service experience, the company said.
Satcom firms flag omission of GMPCS in DoT's draft spectrum allocation rules
Satellite communication firms are concerned over the exclusion of Global Mobile Personal Communications Service (GMPCS) providers from draft rules for administrative spectrum allocation. The Broadband India Forum highlighted this omission, stating it contradicts the Telecommunications Act. While the rules cover various satellite services, GMPCS, explicitly mentioned in the Act for administrative assignment, is missing, creating industry uncertainty. Consultation on the draft rules is ongoing.
Shareholders quiz Infosys on AI hit as stock nears six-year low
Shares of India's second largest information technology service provider fell 3.4% on Tuesday, approaching a six-year low, despite the management sharing opportunities presented by the technology.
PSU banks lose gold loan sourcing share as private banks, NBFCs gain traction: Report
Public sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. While NBFCs are rapidly gaining market share, public banks still dominate priority sector gold loans, leveraging their extensive networks.
Spark by Hilton debuts in APAC, opens 2 hotels in Bengaluru, Goa
Hilton has launched its Spark by Hilton brand in Asia Pacific with new hotels in Bengaluru and Goa. This expansion is part of a significant deal with Olive Hospitality to establish 150 Spark by Hilton properties across India. These new hotels cater to practical travelers, promising Hilton's renowned service standards. The brand, established in 2023, already boasts a substantial presence in North America and the UK.
Adani Mundra Airport launches first scheduled flight services
Adani Mundra Airport has launched its first scheduled flight service with Star Air, connecting Mundra to Mumbai and Goa. This expansion includes eight new routes, significantly boosting connectivity for businesses, trade, and tourism in the Kutch region. The airport's new operations are a key step in developing Kutch into a comprehensive logistics and business hub, adding another vital transport option for commercial activities.
Network People Services Technologies secures order from Maharatna PSU
The solution will be implemented on a Software-as-a-Service (SaaS) model enabling the company to generate a recurring revenue stream over the contract period.
UPTET 2026: Exam City Intimation Slip 2026 OUT; Check Direct Link And Steps To Download
UPTET City Intimation Slip 2026: The Uttar Pradesh Education Service Selection Commission (UPESSC) has released the exam city slip for the exam scheduled to be held on July 2, 3 and 4.
DoT retains backhaul spectrum pricing, rejects Trai's cut proposal
Telecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal for reduced, uniform charges. Despite Trai's argument for lower fees to boost network economics and service quality, the DoT has reinstated the existing, progressively higher fee structure. This decision will maintain a significant financial burden on companies expanding 4G and 5G networks amidst surging data demand.
Bengal Budget 2026: Kolkata To Get Second Airport, Govt Announces New Three New Airports
Netaji Subhash Chandra Bose International Airport (CCU), Airport Service Rd, International Airport, Dum Dum, Kolkata.
Draft satcom spectrum rules: Govt proposes layers of security approvals, conditional consumer service
India draft rules require satcom firms like Starlink, Eutelsat OneWeb and Jio Satcom to obtain security clearance and central approval before using administratively assigned spectrum