Indian Railway Catering and Tourism Corporation (IRCTC) and the National Capital Region Transport Corporation (NCRTC) have signed a memorandum of understanding (MoU) to enhance the travel experience for passengers of the RRTS and Indian Railways through the ‘One India - One Ticket’ initiative. This partnership aims to provide seamless travel solutions to passengers booking online tickets through the IRCTC platform for railways, air travel, or buses who will now have the added convenience of seamlessly booking NCRTC QR code-based tickets.
Satin Creditcare Network (SCNL) has established its new wholly-owned subsidiary, Satin Technologies (STL). Known for its technological prowess, SCNL is now taking a significant step of capitalising on its technological advancement. This strategic move positions the Company at the forefront of innovation in financial services and beyond.
Lemon Tree Hotels has signed - Keys Select by Lemon Tree Hotels, Varanasi. The property shall be franchised by Lemon Tree Hotels and is expected to open in FY 2028. Key Select by Lemon Tree Hotels, Varanasi will feature 50 well-appointed rooms, a restaurant, a bar, a banquet, meeting rooms, a fitness center, a swimming pool and other public areas. The Varanasi Airport is about 30 kms away while the Varanasi Railway Station is about 8 kms away from the property. The hotel is well connected by roadways for both public and private transport.
EFC (I) has successfully secured leases totaling over 1,94,748 square feet across key locations: Mumbai (16,457 sq. ft.), Pune (28,300 sq. ft.), New Delhi (45,875 sq. ft.), Noida (71,408 sq. ft.), Kolkata (13,165 sq. ft.), and Ahmedabad (19,543 sq. ft.). This strategic acquisition represents a significant expansion of the company’s serviced office portfolio and reinforces its commitment to market leadership and operational excellence. As a leader in the managed office sector in India, this expansion underscores its dedication to enhancing its service offerings and meeting the evolving needs of the market.
Karnataka Bank has entered into Digital financing with the launch of the Credit Line on UPI, a revolutionary offering by the National Payments Corporation of India (NPCI). The Bank will be offering Credit Lines through a strategic partnership with Navi, marking Karnataka Bank as one of the early adopters of this next-gen credit product. This is currently offered to a closed group of select users who are pre-qualified for the product, and it will be launched to more users basis customer feedback.
Zaggle Prepaid Ocean Services (Zaggle) has entered into an agreement with Open Network for Digital Commerce (ONDC). Zaggle and ONDC have signed agreement for facilitating the issuance of Prepaid Payment Instruments to the Customers/Sponsor Organizations for rewarding their employees, partners and consumers.
Indian Hotels Company (IHCL) has signed a resort in Sawai Madhopur, Rajasthan. This Greenfield project will be branded a Gateway resort. With the addition of this hotel, IHCL will have 30 hotels in Rajasthan including 9 under development. Strategically located on NE4, the 200-key Gateway - Sawai Madhopur, Rajasthan provides easy accessibility to the region's renowned attractions. The resort features an array of culinary delights, including an all-day diner, bar, specialty restaurant, and lounge.
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