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India Hotel Projects Oct 16

Embassy ties up with Hilton to manage 586 keys hotel project

Realty firm Embassy group today said it has signed an agreement with global hospitality major Hilton for management of its second hotel project in Bengaluru comprising 586 rooms.

InnoVen Capital India closes 15 deals worth over US$20mn in Q2 FY17

Asia’s leading venture debt and specialty lending business has announced deals funded in the second quarter for FY17. The company has provided venture debt worth over $20 million in 15 deals across new clients on-boarded and existing portfolio companies that have exhibited strong performance.

India to host 9 mn foreign tourists

India is expected to receive a record nine million foreign tourists in the current calendar year, growing over 12 per cent from the eight million visitors last year.