Lemon Tree Hotels has terminated its management agreement for the Tirupati hotel with PRM Tirupati and Carnation Hotels, concluding a business relationship between the parties.

The Competition Commission of India (CCI) has given approval for Warburg Pincus' acquisition of a significant stake in Fleur Hotels, paving the way for its expansion to over 5,800 rooms across 41 hotels. The company is planning to list on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).