TIER II CITIES
Radisson Hotel Group expects to create 65,000-80,000 job opportunities in India by 2030 with 500 properties
Radisson Hotel Group is embarking on an ambitious journey to enhance its footprint in India, targeting the launch of 500 hotels by 2030. This initiative is projected to create up to 80,000 jobs, focusing on upscale and mid-scale offerings in diverse city environments. Committed to local community enrichment, the group is also prioritizing skill development to foster career growth.
TCS harassment case may trigger tighter client, board scrutiny of IT firms
Allegations of harassment at Tata Consultancy Services’ Nashik unit could trigger tighter scrutiny of Indian IT companies by global clients, boards and shareholders, forcing companies to overhaul workplace complaint-handling systems and tighten Prevention of Sexual Harassment (PoSH) compliance.
TCS Nashik case escalates; Zepto’s road to IPO
Happy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in today's ETtech Morning Dispatch.
India’s hotel expansion gains pace, draws institutional capital into real estate fold
India's hotel sector is set for robust growth, with operators planning over 70,000 new rooms by 2030. Driven by strong domestic travel and rising incomes, the industry is experiencing structural maturity with calibrated expansion and stable pricing. Investment is surging, particularly in leisure and pilgrimage destinations, as asset-light models gain traction.
Inside the investment strategy of the government’s new Fund of Funds
The government has launched Fund of Funds 2.0 with a Rs 10,000 crore corpus. This new scheme aims to boost startup investments by supporting SEBI-registered alternative investment funds. It focuses on deeptech, micro VCs, manufacturing, and sector-agnostic funds. The initiative will deploy capital over upcoming Finance Commission cycles. SIDBI will lead implementation.
TCS pledges strict action on Nashik harassment case; COO Subramanian leads investigation
Tata Consultancy Services COO Aarthi Subramanian will head an investigation into a sexual harassment case at its Nashik unit. Eight employees alleged mental and sexual harassment by senior colleagues and inaction by HR. Police have arrested seven individuals, including an HR manager. This incident raises questions about IT companies managing operations in smaller cities.
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Ecommerce sees 25% growth in Q1 CY2026, says joint report by Flipkart, Bain & Co
The report titled How India Shops Online, 2026, says the growth has come on the back of improved consumer sentiment supported by policy-led tailwinds and major traction from Tier 2 markets.
Wow! Momo Foods to add 200 outlets; eyes Rs 1,200 crore revenue in FY27
In FY26, Wow! Momo Foods opened 200 stores, the maximum annual store addition to date. With this expansion, the brand now operates over 850 outlets in more than 90 cities across the country.
Wow! Momo Foods to add 200 outlets; eyes Rs 1,200 cr revenue in FY27
Wow! Momo Foods, the quick service restaurant chain, is planning to open 150 to 200 new outlets in the 2026-27 financial year. The company will concentrate its growth on tier II and tier III cities. This expansion aims to achieve a revenue target of Rs 1,200 crore by 2027.
Indian students in Ireland rose from 700 to over 9,000 over past decade: Report
Indian students are increasingly choosing Ireland for higher education, with interest surging 38% in 2024 despite a global dip in outbound mobility. This shift highlights a growing preference for Ireland as a safe, stable, and career-focused destination, offering strong STEM programs and post-study work opportunities. The trend is also gaining traction in smaller Indian cities.
India's natural diamond market may reach Rs 1.5 lakh cr by 2030: De Beers report
The market for natural diamond jewellery in India is on the brink of a remarkable transformation, anticipated to soar to Rs 1,50,000 crore by 2030. This surge is largely attributed to robust economic growth and evolving consumer tastes. Natural diamonds are now being embraced as daily adornments rather than just luxurious splurges for special events.
D2C farm produce platform Pluckk raises Rs 100 crore from Euro Gulf Investment
Pluckk has raised Rs 100 crore ($10.8 million) from existing investor Euro Gulf Investment in an all-equity round. This brings the firm’s total funding to $26 million. The company plans to use the capital for research and development of a new product range, to enhance its technology, and expand its presence, founder and chief executive Pratik Gupta told ET.
New PMJAY rule bars hundreds of experienced cancer specialists from treating patients under Ayushman Bharat scheme
Around 15 lakh cancer cases are detected in India every year, yet several states are excluding hundreds of experienced, fellowship-trained oncologists from treating Ayushman Bharat PMJAY patients simply because they do not hold NMC-recognised DM, MCh or DrNB degrees. Doctors say the move ignores their decades of expertise and could worsen access to cancer care.
India’s tech hiring opens FY27 on a cautious note with fresher roles under most pressure: Report
Entry-level openings, i.e. roles targeting candidates with up to two years of experience, are flat at 15,000 for the second consecutive month, but are down nearly 11% year on year, giving jitters to freshers, the report said. Fresher-friendly roles account for barely 14% of total demand, with mid-senior professionals continuing to corner the lion's share at 54%.
SSC CHSL Tier-2 city intimation slip out at ssc.gov.in, check how to download slip, direct link and scribe mapping last date
SSC has released the exam city intimation slip for the CHSL Tier-II examination. Candidates can check their allotted city on the official website. The Tier-II exam is scheduled for April 10, 2026. Admit cards will be issued on April 7, 2026. Scribe registration rules have been revised, requiring fresh registration linked with Aadhaar authentication.
Data centre segment may attract investment commitment of $54 billion this year: CBRE
Real estate consultant CBRE released a report 'India Alternate Sectors Outlook 2026', stating that India's total data centre stock across major cities is projected to increase by 30% year-on-year in 2026 with an estimated 500 MW of new supply addition.
Udan 2.0 boost to spur small aircraft manufacturing in India: Civil aviation minister Ram Mohan Naidu
The cabinet last week approved a Rs 28,840-crore plan to revamp regional air connectivity over the next decade, which includes developing 100 new airports and 200 helipads. Air connectivity will give a boost to the economy of smaller towns, Naidu said.
Tourism and hospitality ecosystem: Will it get hit harder due to the war’s second-order effect? 20 stocks to keep an eye on
The one thing that impacts the tourism and hospitality sector most is war. The reason is simple: Flights get disrupted, and the urge to travel takes a back seat. And there is a chain reaction. Disrupted or expensive flights not only mean trouble for airlines, but also for other players in the tourism ecosystem. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks, along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
Firms flag data verification, compliance costs as major challenge under DPDP regime
The rising costs of meeting compliance is spooking many, with nearly 30% of respondents saying these new expenditures will be more than 10% of their turnover. They also fear business operations will be disrupted as routine tasks like security updates, marketing of new products, or spam protection, now require explicit consent.
ETMarkets Smart Talk | Bharat investors to drive next growth wave in wealth management: Nilesh Naik
India's investment landscape is shifting as investors from smaller towns increasingly drive growth. Digital penetration in these 'Bharat' cities is expanding the investor base significantly. Platforms are adapting product design and education for this new cohort. This trend is set to redefine wealth management and boost India's investor numbers substantially over the next decade.
LNG’s trail from Qatar’s well-head to Indian factories and kitchens. Why this war is different for different sectors – and the market
The latest Gulf war is not only about price spikes in crude oil or natural gas – but also about their availability. The supply shock is more severe as compared to the past. It has also underlined the Indian economy’s dependence on LNG. What is less commonly understood is the precise architecture of that dependence – how the contracts for LNG supplies are structured, who the offtakers are, and what force majeure actually triggers in this chain. Given the fact that this time uncertainty might continue for more time, it would be good to understand how the gas you use in your kitchens reaches there.
PE firm Somerset Indus closes $288 million Fund III, beats target
Somerset Indus Capital Partners closed its third fund at $288 million, exceeding targets, to invest in affordable healthcare across India. Focus areas include delivery, pharma, diagnostics and medtech, targeting underserved tier I and II cities with scalable, impact-driven platforms.
India's 17 small towns house 575 co-working centres to cater managed office space demand: Report
Co-working spaces are booming in India's tier II cities. Over 575 centres now operate in 17 smaller towns, offering nearly 9 million sq ft of flexible workspace. This expansion caters to corporate demand for managed offices. Companies are drawn by cost advantages, better infrastructure, and access to diverse talent pools.
Sharp partners with Amber Enterprises for producing ACs in India
Sharp Business Systems India is partnering with Amber Enterprises India to manufacture air conditioners locally. This collaboration aims to boost Sharp's presence in India's growing cooling market. Production will begin in March 2026 at Amber's facilities. Sharp plans to capture a significant market share over the next five years by expanding its product range and distribution network across India.
Realty majors Godrej and Lodha target Rs 1 lakh crore in new projects
Godrej Properties and Lodha Developers are actively acquiring land for new housing projects. Both firms are optimistic about India's housing market. They plan to develop projects with a combined revenue potential exceeding one lakh crore rupees. This expansion signals strong future growth for these leading real estate developers.
Godrej Properties, Lodha acquire over 25 land parcels in FY26 to build homes, eye Rs 1 lakh cr revenue
Godrej Properties Ltd and Lodha Developers Ltd are bullish on India's housing demand, as both realty firms have acquired more than 25 land parcels so far this fiscal year to develop residential projects with a combined revenue potential of more than Rs 1 lakh crore.
Piyush Goyal meets Zepto CEO Aadit Palicha, discusses skilling, innovation and supply chains
Taking to the social media platform X, Goyal shared details of the meeting, highlighting discussions around youth and entrepreneurship. "A productive interaction with Aadit Palicha, Co-founder & CEO of ZeptoNow," he said. "Our conversation focused on strengthening skilling initiatives for our youth and leveraging innovation-led entrepreneurship to build globally competitive enterprises," the minister added. He further noted that the meeting also explored ways to integrate farmers into modern supply chains.
India advancing towards $300-billion bioeconomy milestone by 2030: Jitendra Singh
India’s bioeconomy has grown from about $10 billion in 2014 to more than $195 billion in 2025, says Singh
Dhurandhar: The Revenge sells a million tickets before firing a single shot
Dhurandhar: The Revenge has achieved over one million advance bookings at PVR INOX. Exclusive paid preview screenings on March 18 are already sold out in many locations. The film's release in five languages is contributing to its widespread appeal. Strong demand is seen in major metros and Tier-II cities.
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