April, 2024 - Business News Week

This Sunday, ‘Madness Machayenge – India Ko Hasayenge’ celebrates ‘Daily Soap Queens’

Apr 6, 2024 by Gayathri Pariti 0 Comments #Daily Soap Queens, #Devdas, #India Ko Hasayenge, #Madness Machayenge

Get ready to enjoy an evening filled with laughter as Sony Entertainment Television’scomedy show, ‘Madness Machayenge – India Ko Hasayenge’, celebrates ‘Daily Soap Queens’ in the presence of Indian television’s most-loved actresses – Kamya Punjabi, Surbhi Chandna, and Adaa Khan.

This Sunday, our beloved comedians, alongside ‘Madness Ki Malkin’ Huma Qureshi, will not only make everyone laugh-out-loud with their hilarious antics but also engage with the celebrity guests elevating the laugh-o-meter.

Paritosh Saphera Director

Host Harsh Gujral will begin the show with a humorous discussion on superstitions, while Snehil Mehra Dixit and Paritosh Tripathi will own the stage with their act as a doctor and patient inviting roars of laughter from everyone. Then follows a boisterous roast by Gaurav Dubey and Inder Sahani, who deliver a funny take on daily soaps. Next up, Kettan Singh, Kushal Badrike, and Hemangi Kavi perform a hilarious spoof where they will be seen dressed as characters from the cult movie, ‘Devdas’, gaining accolades for their comedic talent from the celebrity guests and Huma Qureshi!

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Corporate Connections to expand its footprint in Telangana

Corporate Connections to expand its footprint in Telangana – Jayesh Ranjan to launch a new chapter of a global networking platform to be launched in Hyderabad

Hyderabad, April 05, 2024.….Corporate Connections, a global community where leaders connect to develop business-building relationships, gain access to advanced professional development opportunities and participate in peer advisory groups is to expand its operations in Telangana.

Mr.Jayesh Ranjan, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments of the Telangana government. and Guest of Honour is Mr.S.P.Reddy, Chairman & MD, Terminus Group to launch a new chapter in a function to be held in the city on Saturday evening announced S. Sharad Mahiswari, Kamalesh Gupta, Executive Directors of Corporate Connections and KVT Ramesh Master Franchise for Corporate Connections in Telangana and AP in a press note issued in the city today. We are setting the chapter in Hyderabad and nominations are being accepted from successful business owners and C-Level executives, they added.

About 100 guests including CorporateConnections members and many outstation guests are expected to participate in the launch function. We have the presence of Directors & Members from 18 Cities in India and video messages globally including Global Market President Robert Gervais.

This Chapter is to be launched with an initial membership of 18 individuals/business owners, Ssharad Mahiswari, Executive Director, of Corporate Connections said that they would be limiting the membership to 25 per chapter.

Corporate Communications is Canada-headquartered and has a global presence. Corporate Connections is spread over 4 continents across 29 countries and 65 cities.

It will be a community of successful, and forward-thinking business owners and leaders who are willing to be a part of a rapidly expanding business with unmatched potential and scalability. Combined this results in exclusive and unparalleled access to the world.

CorporateConnections has 600-plus Members in India and plans to expand to various cities in India. We are looking to spread our wings into multiple cities immediately,” said KVT Ramesh

This will be an ideal platform for global business leaders to generate exceptional and measurable results through executive networking opportunities. Our proven model has helped executives build strategic and tactical relationships through a structured and supportive environment and has been a catalyst for change in their businesses and communities.

Further, only one individual from an industry vertical can become a member of a chapter. “to make a safe environment to do business”.

“Corporate Connections is the premier platform for accelerating executive-level connections. It provides global business leaders with the ideal setting for generating exceptional and measurable results through executive networking opportunities.” “Our members join CorporateConnections®️ to develop business relationships, gain access to advanced professional development opportunities and participate in peer advisory groups, said S. Shard Mahiswari.

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RBI Maintains Repo Rate at 6.5% for Seventh Consecutive Time

Apr 5, 2024 by Gayathri Pariti 0 Comments #Dr. Poonam Tandon, #Essar Power, #MPC meeting, #Pilani Realty, #RBI, #Repo Rate

5th April 2024: The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5% for the seventh consecutive time. This decision was made during the monetary policy review meeting held by the RBI. The repo rate is the rate at which the central bank lends money to commercial banks, and it plays a crucial role in determining the cost of borrowing for individuals and businesses.

By maintaining the repo rate at 6.5%, the RBI is signaling its stance on balancing economic growth and inflation. A lower repo rate can stimulate borrowing and spending, potentially boosting economic activity. On the other hand, a higher repo rate can help control inflation by making borrowing more expensive, but it may also dampen economic growth.

The RBI’s decision to keep the repo rate unchanged suggests that it is satisfied with the current economic conditions and inflation levels. It also indicates a cautious approach, as the central bank monitors various factors such as global economic trends, domestic inflationary pressures, and the impact of policy changes on the economy before making any adjustments to interest rates.

POONAM TANDON

The Monetary policy was on expected lines on status quo on rates and no change in stance, the focus of the MPC to bring the inflation to 4% on a sustainable basis. The RBI Governor has stated that they will be nimble-footed with respect to liquidity. The GDP has been pegged at 7% for the year and the inflation at 4.5%. This careful stance reflects concerns over potential inflationary pressures arising from volatile food prices, recent upticks in oil prices, and robust economic growth. The policy also gives importance to growth while acknowledging inflationary risks from rising oil prices and volatile vegetable prices. The Governor also stated that the Rupee has been one of the most stable currencies which reflects India’s sound macroeconomic fundamentals, financial stability and improvements in the external position. All in all, it is a rational policy with a focus on growth and price stability. – Dr. Poonam Tandon, Chief Investment Officer

“We want to applaud the Reserve Bank of India for its forward-thinking approach and congratulate the regulatory body on completing its 90th anniversary earlier this week. The RBI has consistently led the way in guiding India’s economy towards stability.

RBI’s announcement to expand the access of UPI for Prepaid Payment Instruments (PPIs) through third-party applications, during the MPC meeting held today is a significant step towards financial inclusion. It grants PPI users the ability to seamlessly integrate their accounts with a wide range of UPI-enabled services, mirroring the convenience and flexibility traditionally reserved for standard bank account holders. This will not only simplify the payment process for PPI users but also open up a plethora of digital payment opportunities previously inaccessible to them, further enhancing customer convenience and boosting the adoption of digital payments, especially among small businesses. This move helps further Spice Money’s mission to extend digital payment and financial services to nanopreneurs and customers in rural and semi-urban India.

Furthermore, we appreciate the RBI’s ongoing efforts to simplify regulations and reduce compliance burdens. These initiatives not only demonstrate the regulator’s commitment to enhancing the ease of doing business in the fintech sector but also pave the way for greater innovation and growth opportunities.” –Mr. Dilip Modi, Founder, Spice Money

“The prudence of the RBI’s decision to maintain the repo rate at 6.5%, reflects a measured response to the dynamic global economic landscape. RBI’s emphasis on domestic factors showcases its commitment to financial stability and the crucial role of sustenance in navigating market uncertainties. The well measured policy stance will support the energy sector’s long-term sustainability and robustness, aligning with the industry’s vision for a cleaner and greener future. This decision highlights the significance of RBI’s initiatives in fostering economic growth, demonstrating a careful balance between economic expansion and inflation management.” – Mr. Kush, CEO, Essar Power

“The stable repo rate indicates a similar outlook for home loan interest rates. This provides some certainty to home buyers in terms of what to expect when it comes to borrowing costs. This stability can be seen as positive for both new home buyers looking for loans and existing borrowers with floating rates, offering some relief in terms of financial planning. For borrowers with floating-rate loans, a stable repo rate reduces the risk of a sudden jump in their monthly EMIs due to rising interest rates. This allows for better budgeting and financial planning.

A stable economic environment, often signaled by a steady repo rate, can boost consumer confidence. This might encourage people to spend more, potentially benefiting businesses and the overall economy”. – Mr. Ravi Ramesh Pilani, MD at Pilani Realty.

“Monetary Policy Committee of RBI maintained Repo Rate at 6.5%, which was on expected lines. Whilst there is expectation of normal monsoon, food price uncertainties along with rising oil prices will determine the timing of rate cuts. Strong manufacturing and services PMI and healthy corporate balance sheets provide confidence on economy and growth prospects.” – Mr. Venkateswaran – Group president and CFO at Federal Bank

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National Conference On Autism Held At Saveetha College Of Occupational Therapy (Simats)

Apr 5, 2024 by Gayathri Pariti 0 Comments #Assistant Professor, #Autism, #Chaitanya Therapy Center, #Child and Adolescent Psychiatrist, #Christian Medical College, #Developmental and Behavioural Paediatrician, #Director, #Director of Impower rehabilitation centre, #Dr. LalD. V. Nair, #Dr. Poongodi Bala, #Dr. Sivapriya, #Dr.S.Sivapriya, #Lecturer, #Mr. Joseph Thomas Raj Bedford, #Mr.Ramanathan, #Mr.Sreenath, #Mrs.Arthi Baranidharan, #Mrs.Geeva Kamalraj, #Mrs.Jasmine Christy, #National Conference On Autism, #Other faculty members, #Prof. Dr. S. Suresh Kumar, #Saveetha College Of Occupational Therapy (Simats), #Saveetha Medical College, #SCOT, #SLHS, #Special Educator., #Student Coordinators, #Tamil Nadu Clinical Directory

Saveetha College of Occupational Therapy conducted a National Conference on Autism. Prof. Dr. S. Suresh Kumar, The Vice Chancellor, of SIMATS inaugurated the program and addressed the gathering with his inspiring speech, in which he had mentioned that SIMATS is planning to open research centres for adults who are affected by Autism. Saveetha Child Development Centre(SCDC), Part of Saveetha Medical College and Hospital provides state-of-the-art Therapy services for Autism children with modern therapeutic techniques.

Savitha college pic 1

Dr. Sivapriya, The Conference Coordinator welcomed the gathering. The Guest Speakers of the Conference were Dr. LalD. V. Nair, Developmental and Behavioural Paediatrician, Saveetha Medical College, Dr. Poongodi Bala, Child and Adolescent Psychiatrist, Mr. Joseph Thomas Raj Bedford, Lecturer, Christian Medical College, Mr.Ramanathan, Assistant Professor, SLHS, Mrs.Arthi Baranidharan, Director of Impower rehabilitation centre, and Mrs.Jasmine Christy, Special Educator.

The speakers delivered lectures on their respective topics, imparting valuable knowledge to the attendees. The event featured the release of an updated version of the Tamil Nadu Clinical Directory, Parents home program guideline Book, and Research articles published in the year 2022-2023 based on Autism.

Nearly 500 students and professionals attended the Conference. The program also included various competitions such as Quiz and Poster Presentation. The Winners of the competitions were awarded and participation certificates were distributed to the attendees.

On account of the World Autism Awareness Day along with the National Conference, Saveetha College of Occupational Therapy in collaboration with Chaitanya Therapy Centre also conducted an Awareness Rally at SIMATS.

The Chief Guest Mr.Sreenath, Actor and Director, inaugurated the rally by waving the flag. He also released the Autism awareness Pamphlet and started the signature campaign. Dr.M.Arun Kumar, Principal of SCOT and EC member- AIOTA, the event Coordinator Dr.S.Sivapriya, SCOT, Other faculty members, Mrs.Geeva Kamalraj, Director, Chaitanya Therapy Center, Student Coordinators, and the Students from SCOT and other colleges participated in the event.

As a part of the Awareness Campaign various Cultural events and Competitions such as Flashmob, Face painting, Doodling, Rangoli, and Photography were conducted in which the Students took an active part.

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The Growth Trajectory of the Marine Coatings Market Amidst Surging Demand for Protective Solutions

Apr 5, 2024 by Gayathri Pariti 0 Comments #Growth Trajectory, #Marine Coatings, #Surging Demand, #Topcoats

Marine Coatings: Enhancing Protection and Performance

Marine coatings play a crucial role in the protection and performance of vessels, offshore structures, and marine equipment. With the constant exposure to harsh marine environments, including saltwater, UV radiation, and abrasive conditions, proper coating systems are essential for safeguarding assets against corrosion, fouling, and degradation. This article delves into the significance of marine coatings, their composition, application methods, and the latest advancements aimed at enhancing protection and performance in the maritime industry.

Understanding Marine Coatings:

Marine coatings are specialized formulations applied to the surfaces of ships, boats, offshore platforms, and marine equipment to provide protection against corrosion, fouling, and environmental damage. These coatings are designed to withstand the unique challenges posed by immersion in saltwater, fluctuating temperatures, and mechanical stresses associated with marine operations.

Market Overview:

Marine coatings play a crucial role in protecting ships, offshore structures, and marine equipment from corrosion, fouling, and environmental damage. The global marine coatings market is dynamic, driven by the expansion of maritime trade, regulatory compliance requirements, and advancements in coating technologies. According to Persistence Market Research’s projections, the Global Marine Coatings Market is expected to surge ahead at a CAGR of 8.2%, thereby increasing from a value of US$ 1.7 billion in 2023 to US$ 3.68 billion by the end of 2033.

Composition of Marine Coatings:

Marine coatings are typically composed of several layers, each serving a specific purpose in providing comprehensive protection. The primary components of marine coatings include:

Primers: Primers are the first layer applied directly to the substrate. They promote adhesion between the substrate and subsequent coating layers, enhancing the overall durability and performance of the coating system.
Anticorrosive Coatings: These coatings act as a barrier against corrosion, preventing the penetration of water and corrosive agents to the underlying substrate. They often contain corrosion inhibitors such as zinc-rich pigments or epoxy resins to provide long-term protection against rust and corrosion.
Antifouling Coatings: Antifouling coatings are specifically designed to prevent the attachment of marine organisms, such as algae, barnacles, and mollusks, to the hull of ships and other marine structures. These coatings contain biocides or other additives that deter fouling organisms, reducing drag and improving fuel efficiency.
Topcoats: Topcoats provide the final aesthetic finish and additional protection to the underlying layers. They are available in various colors and formulations to meet aesthetic requirements while offering resistance to UV radiation, abrasion, and chemical exposure.
Application Methods:

The application of marine coatings requires careful surface preparation and adherence to specific application procedures to ensure optimal performance and longevity. Common application methods include:

Spray Application: Spray application is a popular method for applying marine coatings, particularly for large surface areas such as ship hulls and offshore platforms. It offers efficient coverage and can be applied in multiple coats to achieve the desired thickness.
Brush and Roller Application: Brush and roller application are often used for smaller areas or touch-up work. While slower than spray application, this method allows for greater control and precision, particularly in areas where overspray must be minimized.
Immersion Application: Immersion application involves immersing components or structures into a bath of coating material. This method ensures complete coverage and is often used for small parts or components that require uniform coating thickness.
Advancements in Marine Coatings:

Recent advancements in marine coatings have focused on improving durability, environmental sustainability, and performance. Some notable advancements include:

Nano Coatings: Nano coatings utilize nanotechnology to create ultra-thin protective layers with enhanced properties such as scratch resistance, self-cleaning capabilities, and improved adhesion. These coatings offer superior protection against corrosion and fouling while reducing maintenance requirements.
Environmentally Friendly Formulations: With increasing concerns over environmental pollution, there has been a shift towards developing marine coatings with reduced environmental impact. Bio-based resins, low-VOC (volatile organic compound) formulations, and biodegradable additives are being used to minimize the release of harmful chemicals into the marine environment.
Smart Coatings: Smart coatings incorporate sensors or responsive materials that can detect changes in environmental conditions and adjust their properties accordingly. For example, self-healing coatings can repair minor damage autonomously, prolonging the lifespan of the coating system and reducing maintenance costs.
Digitalization and Predictive Maintenance: Digitalization technologies, such as IoT (Internet of Things) sensors and predictive analytics, are being integrated into marine coating systems to monitor performance in real-time and predict maintenance requirements. This proactive approach helps to prevent costly downtime and unplanned repairs.

Marine coatings play a vital role in protecting assets and ensuring the longevity and performance of vessels, offshore structures, and marine equipment. By utilizing advanced formulations and application methods, industry stakeholders can enhance protection against corrosion, fouling, and environmental damage while minimizing maintenance requirements and environmental impact. Continued research and innovation in marine coatings will drive further improvements in performance, sustainability, and cost-effectiveness, supporting the long-term viability of the maritime industry.

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Eet Retail Sets Out Expansion Plans and New Leadership

Apr 5, 2024 by Gayathri Pariti 0 Comments #Deepak Maheshwari, #retailer of choice to consumers, #Stanlow

Stanlow, 5 April 2024: EET Retail, the retail division of EET Fuels, is pleased to announce the appointment of Narayan Bhatra as Chief Executive Officer.

Narayan was previously Chief Retail Officer at Nayara Energy, India’s second largest oil and gas company and that country’s fastest growing private fuel station network. He has over three decades of experience in the energy sector including management roles with Essar and Reliance Industries across India and Africa.

essar

EET Retail has plans to develop a significant portfolio of Essar-branded fuel retail outlets within three years as part of its vision to become the UK’s “retailer of choice to consumers”. EET Retail will have a pan-UK presence and grow its network of outlets across all regions and markets, including identifying opportunities for potential acquisitions to accelerate its growth.

In the age of new mobility, EET Retail’s long-term strategy includes offering a range of low-carbon, high-quality fuels including serving the needs of drivers preferring e-mobility. These fuels will be offered in an environment that has a tailored selection of customer offerings, including non-fuel options.

Narayan Bhatra commented:

“I am excited to be joining EET Retail now. It has a clear and very ambitious vision for growth, as well as the potential to create a truly market leading proposition for low carbon high quality fuels, given EET Fuels’ huge investment in its decarbonisation plans at Stanlow, as well as building a world leading hydrogen production facility.”

Deepak Maheshwari, CEO of EET Fuels, said:

“We are embarking on this exciting journey of growth and innovation in the retail sector in the UK and are confident in Narayan’s leadership. EET Retail plans to deliver best in class fuel outlets, creating a network of partnerships that are focussed on Essar’s customer-first belief. Narayan’s appointment marks a significant milestone for EET, and we are excited about the opportunities ahead under his leadership.”

EET Fuels forms part of EET which is committed to playing a key role in the decarbonisation of the UK economy, and has ambitious plans to build an energy transition park at its site in the North West and to become the UK’s first low carbon process refinery. This aligns with the UK Government’s Ten Point Plan on the Green Industrial Revolution and with its British Energy Security Strategy.

Tony Fountain, Managing Director of EET, said:

“EET Fuels is a key part of Essar Energy Transition and we are committed to maintaining a strong, secure manufacturing base for fuels in the North West and across the UK. Our approach provides our customers with the assurance of working with a partner that is committed to decarbonising our production processes, playing our part to ensure that the UK delivers on its climate change goals and enhancing energy security. I look forward to working with Narayan to share this industry-leading commitment with our retail customers.”

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Khushhali Foundation organised Virat Kavi Sammelan in Delhi University

Apr 5, 2024 by Gayathri Pariti 0 Comments #Delhi University, #Khushhali Foundation, #Virat Kavi Sammelan

New Delhi, 5th April 2024: To commemorate the 75th birthday of Prof. Bhimsen Singh, former Principal of Kirori Mal College, a Virat Kavi Sammelan was organized by Khushhali Foundation at North Campus of Delhi University. In this Kavi Sammelan, renowned poets from across the country mesmerised the audience by their famous poetry. Padmashree Surendra Sharma, Dr. Wasim Barelvi, Padmashree Ashok Chakradhar, Dr. Hariom Panwar, Dr. Anamika Jain Ambar, Mr. Arun Jaimini, Shayra Anjum Rahbar, Rajesh Reddy, Dinesh Raghuvanshi, Mr. Tahir Faraz, Shambhu Shikhar, Priyanshu Gajendra and Suraj Mani graced the program with their presentation and enthralled the poetry lovers and students of DU by their all-time famous poetries.

The Kavi Sammelan started with Saraswati Vandana recitation by Anamika Jain Ambar. While Hariom Panwar portrayed the new India through his poetry, he also challenged Pakistan through his poem… bhaarat ne ab har samajhaute ka aadee banana chhod diya…… kuchh baaton mein ab hamane gaandhee baapoo banana chhod diya ……..naee sadee ka ka bhaarat hai ye udee ka uttar ghar mein jaakar chot dena seekh liya ……. dillee ke sinhaasan se ab nirnay jaane vaala hai Pok ab bhaarat vaapas aane vaala hai…… people kept clapping for a long time on this poem . while famous poet Shambhu Shikhar targeted the reel maker through his poem.. dulha Bechara mandap per reel banana me lage rahe Dulhan pandit ji ke sath phere lekar chale gaye …..

khusaali foundation

Prof. Balram Pani, Dean of Colleges, Delhi University, Justice Vijender Jain, Honorable former Chief Justice of Delhi and Punjab and Haryana High Court and Shri Daya Shankar Singh, Honorable Transport Minister, Government of Uttar Pradesh was chief guest of the program. Chief Librarian of Delhi University, Prof. Rajesh Singh and Public Relations Officer of Delhi University and Chairperson of Cultural Council of Delhi University, Anoop Lather were also present as special guests on this occasion. The program was presided over by Prof. Rajni Abbi, Proctor of Delhi University and learned litterateur Prof. Rama, Principal Hansraj College welcomed to the guests. Shri Gajendra Solanki (Coordinator of Kavi Sammelan ) , , Dr. Prabhanshu Ojha, General Secretary, Khushhali Foundation, Dr. Saurabh Ji, Chief Patron Khushhali Foundation and Shri Sonu Singh, President , Khushhali Foundation celebrated the Birthday of Prof. Bhimsen Singh by cutting a huge cake on this occasion in presence of distinguish guest

Khushhali Foundation, established with the mission to bring happiness on the face of the last deprived and needy person of the society and the Foundation is continuously engaged in this effort.

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RPG Foundation and Love Your Parks Mumbai join hands to present ‘Kulture bay

Apr 5, 2024 by Gayathri Pariti 0 Comments #Kulture Bay, #musical evening, #Radha Goenka, #The Heritage Project, #The Worli Koliwada Transformation Project

Mumbai, April 5th, 2024: The Heritage Project (THP), an initiative of RPG Foundation, is thrilled to announce its collaboration with Love Your Parks Mumbai (LYP) for ‘Kulture Bay’, a vibrant cultural event set to take place on Friday, 5th April 2024, from 5:30 PM onwards at Gora Dapkal ground in Worli Koliwada.

‘Kulture Bay’ is a celebration of the rich cultural heritage of Worli Koliwada, brought to life through music, art, and culinary delights. The event marks a significant milestone in THP’s ongoing “The Worli Koliwada Transformation Project,” aimed at revitalizing this historic site through various interventions.

“Kulture Bay represents a harmonious blend of heritage preservation, community engagement, and cultural celebration,” said Radha Goenka, Director – RPG Foundation. “Through this event, we aim to create a platform for showcasing the rich culture of Mumbai while fostering a sense of pride and ownership among the local community.” Radha extends a warm invitation to Mumbaikars to immerse themselves in the cultural extravaganza of ‘Kulture Bay.’ She emphasizes, “We invite all Mumbaikars to join us at ‘Kulture Bay’ and experience the vibrancy of Worli Koliwada’s cultural heritage firsthand. It promises to be an unforgettable celebration of art, music, and community.”

In partnership with LYP, which advocates for open spaces in Mumbai and curates outdoor experiences, ‘Kulture Bay’ aims to strengthen the connection to public heritage sites and make them accessible to diverse audiences. Set against the picturesque backdrop of the Arabian Sea at sunset, the event will feature captivating performances by artist Neel Adhikari and the band, Fox in the Garden.

Attendees will also have the opportunity to participate in interactive art sessions and a sketch walk, immersing themselves in the cultural richness of the area. Additionally, traditional Koli cuisine prepared by local chefs will be available, providing a taste of the vibrant culinary heritage of Worli Koliwada.

The event endeavours to revive culture, promote the use of open spaces in dense indigenous communities, and uncover hidden gems within the city. Moreover, it seeks to empower women in Worli Koliwada by providing training and income opportunities through traditional culinary skills.

‘Kulture Bay’ promises to be a memorable evening filled with music, art, and gastronomic delights, offering attendees an opportunity to experience the eclectic culture of Mumbai.

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Accor Continues to Transform India’s Hospitality Sector through Strategic Expansion

Apr 5, 2024 by Gayathri Pariti 0 Comments #Novotel Bengaluru Airport Varun, #Sébastien Bazin, #Strategic Expansion, #Transform India's Hospitality Sector

Following a landmark year for Accor in India in 2023 with a record-breaking signing of eleven strategic hotels and the opening of six key hotels across the country, the Group is set to unveil more strategic hotel announcements in 2024 to further solidify its position as one of the largest international hotel groups by rooms in India.

navneet hotel

Notable hotel signings for the Group in 2023 included the prestigious Fairmont Agra, Pullman Amritsar, Novotel Bengaluru Airport Varun, Grand Mercure Jaipur Kukas, and ibis Styles Bengaluru Airport Varun. This momentum demonstrates Accor’s commitment to catering to diverse traveller preferences. The Group also expanded its Indian portfolio in 2023 with the addition of near 1,000 rooms through the openings of Novotel Mumbai International Airport; Novotel Jaipur Convention Centre; Novotel Jodhpur ITI Centre; Grand Mercure Agra; ibis Mumbai Thane; and ibis Styles Goa Vagator.

Accor currently operates 61 hotels across a diverse array of iconic brands, including Raffles, Fairmont, Sofitel, Pullman, Grand Mercure, Novotel, Mercure, ibis, and ibis Styles. The Group’s commitment to innovation and excellence remains steadfast, contributing significantly to the evolution of India’s hospitality landscape.

The Group’s strategic approach to growth in 2024 includes the opening of six hotels in the premium, midscale, and economy segments and three luxury and lifestyle hotels, to further enriching its diverse portfolio.

Accor’s commitment to the luxury hospitality market is evident in the opening of Raffles Jaipur in the second quarter of 2024, a hotel that will redefine grandeur and opulence in the heart of the largest city in Rajasthan.

In the premium sector, the opening of Grand Mercure Goa Candolim the second quarter of 2024 will offer discerning travellers a harmonious blend of comfort and cultural connections.

The openings of Mercure Chandigarh and ibis Styles Mysuru in 2024 further exemplify Accor’s commitment to providing quality and affordable accommodation options for the evolving needs of budget-conscious travellers.

Scheduled for the third quarter of 2024, Accor’s Novotel brand will see its footprint expand to key cities with the openings of Novotel Goa Panjim, Novotel New Delhi City Centre, and Novotel Bhubaneswar.

Sébastien Bazin, Chairman & CEO Accor, remarks, “India holds a strong place in Accor’s global vision, embodying not just a market, but a place of opportunity and growth. We, at Accor, are resolute in our commitment to this dynamic and rapidly changing nation, where every hotel opening and signing stands as a testament to our unwavering dedication and desire to help positively shape a prosperous future for the country. We stand poised, brimming with excitement, to shape India’s vibrant hospitality landscape, offering not just accommodation, but meaningful experiences that resonate with both business and leisure travellers alike.”

Archive: April 6, 2024

Corporate Connections to expand its footprint in Telangana – Jayesh Ranjan to launch a new chapter of a global networking platform to be launched in Hyderabad