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Lemon Tree Hotels has signed a license agreement for a new 98-room hotel in Simara, Nepal. Managed by its subsidiary Carnation Hotels, this marks the brand's 7th property in Nepal. The expansion targets high-growth transit hubs and strengthens the company's regional presence in the maturing Nepalese tourism sector.
Union Bank of India reported provisional business figures for FY26, with total global business reaching ₹23,85,679 Crore, a 5.79% YoY growth. Global advances grew 9.76% to ₹10,78,779 Crore, while domestic CASA deposits increased 7.90% YoY. The bank's domestic CD ratio improved to 80.41%, reflecting steady credit demand.
3i Infotech Ltd has secured a ₹2.04 Crore digitization and document management order from a leading Indian private sector bank. The 12-month contract involves managing legacy credit card application records, including scanning and secure data handling. This win reinforces the company's position in Business Process Services.
HEG Limited has been assigned an ESG score of 63 (Category: Adequate) by NSE Sustainability Ratings and Analytics Limited. The rating was independently prepared based on publicly available data without formal engagement by the company, reflecting its performance across environmental, social, and governance parameters.
IIFL Finance announced a leadership transition in its Gold Loan business effective April 2, 2026. Mr. Manish Mayank has resigned to pursue other opportunities, and Mr. Mayank Sharma, formerly Chief AI & Innovation Officer, has been appointed as the new Business Head - Gold Loans to lead the strategic franchise.
CARE Ratings has reaffirmed Sanstar Ltd's credit rating at 'CARE BBB+; Stable / CARE A2' for ₹113.75 Crore in bank facilities. The rating covers ₹95.00 Crore in long/short-term and ₹18.75 Crore in short-term facilities, reflecting the company's audited FY25 and 9MFY26 performance.
Union Bank of India reported provisional global business of ₹23,85,679 Crore for FY26, a 5.79% YoY growth. Global advances rose 9.76% to ₹10,78,779 Crore, while domestic CASA deposits grew 7.90% YoY. The bank's domestic CD ratio stood at 80.41%, reflecting steady credit demand and operational momentum ahead of final audited results.