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Oracle reports 21,000 job reductions while expanding AI infrastructure

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Oracle has reduced its global workforce by approximately 21,000 employees over the past 12 months, revealing a larger scale of job cuts than previously disclosed as the company increasingly adopts artificial intelligence across its operations.

“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” Oracle said in an annual financial regulatory filing.

The technology giant reported that its global full-time employee count declined to 141,000 as of May 31, the end of its fiscal year, compared with 162,000 employees a year earlier. As a result of the workforce restructuring, Oracle incurred around US$1.8 billion in related costs.

The workforce reduction comes as Oracle faces mounting financial pressure from its aggressive investment in AI infrastructure. The company continues to expand its network of AI-focused data centres to support major clients, including OpenAI. Earlier this year, reports indicated that Oracle had begun eliminating thousands of positions as part of broader cost-saving initiatives, although the company had not publicly disclosed the full extent of the cuts at that time.

According to the filing, the company employed approximately 49,000 workers in the United States at the end of May, while around 92,000 employees worked across its international operations.

Oracle’s current workforce is now slightly smaller than it was before the company acquired Cerner in 2022. The US$28 billion acquisition significantly expanded Oracle’s employee base, adding thousands of workers, many of whom were located near Cerner’s headquarters in the Kansas City metropolitan area.

The latest workforce reduction highlights how major technology companies continue to use artificial intelligence to streamline operations while simultaneously investing billions of dollars in AI infrastructure and cloud computing capabilities.

IHG Hotels & Resorts signs Holiday Inn Mathura to strengthen India expansion strategy

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IHG® Hotels & Resorts, one of the world’s leading hospitality companies, has signed a management agreement with Embrassio Hotels & Resorts Private Limited, the hospitality arm of Vrindara Group, to develop Holiday Inn Mathura. The hotel is scheduled to open in early 2030, further strengthening IHG’s expansion strategy across high-potential travel destinations in India and reinforcing its commitment to capitalising on demand-driven hospitality markets.

Holiday Inn, one of the most recognised hotel brands globally, continues to adapt to evolving traveller preferences while responding to strong demand from hotel owners and developers. In India, the brand is witnessing significant momentum across key markets, supported by a robust pipeline of more than 40 Holiday Inn-branded properties and IHG’s broader growth plans in the country.

As one of India’s oldest and most important religious destinations, Mathura attracts millions of visitors annually. Moreover, growing spiritual tourism and increasing demand for premium branded accommodation continue to drive hospitality development in the region. To meet this demand, Holiday Inn Mathura will feature 115 rooms and suites, offering modern comfort and convenience to leisure, business, and religious travellers.

Additionally, the hotel will house three food and beverage outlets, including an all-day dining restaurant, a bar, and a lobby lounge. The property will also provide extensive meeting and event facilities across five venues, including a spacious ballroom. Furthermore, guests will have access to a fitness centre and a swimming pool, enhancing the overall hospitality experience.

Commenting on the signing, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, said, “We are delighted to partner with Embrassio Hotels & Resorts Private Limited to introduce Holiday Inn Mathura. The city’s significance as a spiritual destination, combined with rising demand for quality branded accommodation, makes it a compelling market for growth. The signing of Holiday Inn Mathura aligns with our strategy of expanding in high-potential destinations and bringing globally recognised brands to locations where travellers are seeking trusted hospitality experiences.”

Sharing his views on the partnership, Mr. Krishna Kumar Sharma, Managing Director, Vrindara Group, added, “We are pleased to partner with IHG Hotels & Resorts to bring Holiday Inn to Mathura. As one of the most recognised and trusted hotel brands in the world, Holiday Inn is well suited to meet the needs of the city’s growing visitor base. We look forward to developing a hotel that combines international standards with the warmth and character of Mathura.”

The signing of Holiday Inn Mathura marks another significant milestone in IHG’s India growth journey. At the same time, the development highlights the company’s strategy of expanding globally trusted hospitality brands into emerging and high-potential destinations while strengthening its presence across key travel and tourism markets.

IHG currently operates 52 hotels across six brands in India, including Six Senses, InterContinental Hotels and Resorts®, Crowne Plaza®, voco™ Hotels, Holiday Inn Resort®, and Holiday Inn Express®. Furthermore, the company maintains a strong pipeline of 98 hotels that are expected to open over the next three to five years, underscoring its confidence in India’s rapidly growing hospitality and tourism sector.

As travel demand continues to rise across the country, Holiday Inn Mathura is expected to play an important role in supporting religious tourism, enhancing the local hospitality ecosystem, and offering world-class accommodation experiences to domestic and international travellers alike.

Fundamentum Partnership plans Rs 2,500-Cr Fund III to back growth-stage startups

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Nandan Nilekani and Sanjeev Aggarwal, co-founders, Fundamentum’

Fundamentum Partnership, the venture capital firm founded by Infosys co-founder Nandan Nilekani and former Helion Venture Partners executive Sanjeev Aggarwal, is planning to launch its third investment fund with a target corpus ranging between Rs 1,800 crore and Rs 2,500 crore, according to sources familiar with the matter.

The firm is currently in the planning phase and is awaiting the necessary regulatory approvals before formally launching the new investment vehicle.

Fund III will continue Fundamentum’s established investment strategy by focusing on early growth-stage and Series B startups. In addition, the fund will maintain its emphasis on sectors such as consumer internet and fintech, targeting companies that have achieved product-market fit and are entering the scale-up phase of their growth journey.

Nandan Nilekani and Sanjeev Aggarwal launched Fundamentum’s maiden fund in 2017 with an initial corpus of approximately $100 million. The fund backed several high-growth startups, including PharmEasy and Spinny, both of which later achieved unicorn status and emerged as prominent players in their respective sectors.

Building on that momentum, Fundamentum raised $227 million for Fund II in 2022. At the time, the firm announced plans to invest in four to five companies annually while leading or co-leading funding rounds ranging from $25 million to $40 million. Fund II also maintained the firm’s focus on technology-driven businesses and growth-stage companies across India’s rapidly evolving startup ecosystem.

Sources indicated that Fund III will largely mirror the investment strategy adopted under Fund II. However, the firm has not yet finalized its anchor limited partners for the upcoming fund.

The new vehicle will remain separate from Fundamentum Frontier Advisors (F2A), the firm’s recently launched artificial intelligence and deeptech-focused platform. While F2A operates independently and concentrates on frontier technologies, including AI and deeptech innovation, Fund III will continue Fundamentum’s core strategy of investing in startups that have demonstrated market traction and are preparing for large-scale expansion.

The planned launch reflects continued investor confidence in India’s startup ecosystem, particularly among businesses that have moved beyond the early validation stage and require growth capital to scale operations, strengthen market presence, and accelerate revenue growth.

As venture capital activity continues to evolve in India, Fundamentum’s proposed Fund III is expected to provide significant support to promising startups across consumer internet, fintech, and technology-driven sectors, further reinforcing the firm’s position as a leading growth-stage investor in the country.

Krafton India invests in Bitkraft Ventures’ global fund to boost gaming and AI startups

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Sean Hyunil Sohn, CEO of Krafton India

Krafton India has announced a strategic investment in the global fund of US-based early-stage investor Bitkraft Ventures, reinforcing its commitment to supporting innovation across gaming, consumer AI, and emerging technology sectors. The South Korean gaming giant revealed the development on June 22 and stated that the investment builds on its longstanding relationship with Bitkraft Ventures, although the company did not disclose the financial details of the transaction.

Through this partnership, Krafton and Bitkraft Ventures will support early-stage founders developing the next generation of gaming, interactive media, consumer AI, and emerging technology platforms. Furthermore, the collaboration aims to provide startups with enhanced access to capital, industry expertise, and international business networks, enabling them to scale more efficiently and compete in global markets.

Commenting on the opportunity, Jens Hilgers, founding GP of Bitkraft, said, “India’s gaming and consumer AI ecosystem is at a thrilling inflection point, driven by exceptional talent, and is now starting to see exits for global investors as well. The market is ripe for disruption for global investors with unique local opportunities in early stages and growth opportunities.”

Krafton India stated that the investment will strengthen the growth prospects of Indian startups by providing access to global resources and strategic support. Additionally, the partnership will enable Krafton to identify and nurture promising startups at an early stage alongside a partner with extensive expertise in gaming, interactive entertainment, and technology investments.

Bitkraft Ventures invests in startups from the pre-seed to Series A stages and offers founders not only capital but also operational expertise and access to a global network of industry leaders. In India, the firm’s portfolio includes Lila Games, Airoclip, and GameRamp, highlighting its growing focus on the country’s rapidly evolving gaming and technology ecosystem.

Speaking about the potential of Indian entrepreneurs, Sean Hyunil Sohn, CEO of Krafton India, said, “What stands out about India today is not just the scale of the market but the quality of entrepreneurs emerging from it. We are seeing founders build with a global mindset from the outset, creating products and technologies that have the potential to resonate far beyond India.”

He further added, “Our partnership with Bitkraft Ventures reflects a shared conviction in this new generation of builders and our commitment to supporting them as they create the future of gaming and interactive entertainment.”

The partnership also reflects Bitkraft Ventures’ expanding focus on India. In December 2024, the firm appointed Anuj Tandon to establish and lead its India operations. Tandon brings more than 15 years of industry experience and previously worked at Krafton India, where he played a key role in building the company’s investment portfolio across video gaming, esports, and entertainment startups.

During his tenure at Krafton India, Tandon led investments exceeding $135 million in companies such as Nautilus Mobile, Lila Games, Kuku FM, Nodwin Gaming, Pratilipi, and FRND. His contributions also helped shape the company’s broader investment and market expansion strategies.

Highlighting the significance of the collaboration, Anuj Tandon, Partner (Emerging Markets), said, “Indian founders are building for a global consumer in gaming and consumer AI from day one. Our global expertise aligned with Krafton validates the talent pipeline we see on the ground in India.”

He further added, “This partnership gives us the firepower to provide early-stage builders with the capital and cross-border expertise and validation to win.”

With more than $1 billion in assets under management across six funds, Bitkraft Ventures continues to strengthen its position as one of the leading investors in gaming, interactive media, and emerging technologies. Consequently, its partnership with Krafton India is aims to accelerate innovation, unlock new growth opportunities, and support the next wave of globally competitive startups emerging from India.

International Yoga Day Reinforces the Importance of Health, Wellness and Community Living

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International Yoga Day 2026 was celebrated across the country with people from all walks of life coming together to embrace the importance of a healthy and balanced lifestyle. From public parks and community centres to schools, workplaces, and residential societies, yoga sessions witnessed enthusiastic participation, reflecting the growing awareness around physical fitness, mental well-being, and holistic health.

In today’s fast-paced world, where stress, sedentary lifestyles, and health concerns have become increasingly common, yoga continues to serve as a simple yet effective practice that promotes both physical and emotional well-being. Beyond improving flexibility and fitness, yoga encourages mindfulness, discipline, and inner balance, making it relevant for people of all age groups.

The occasion also highlighted the growing role of communities in promoting healthier living. Across residential developments and neighbourhoods, families came together to participate in group yoga sessions, strengthening social connections while adopting positive lifestyle habits. Such initiatives not only encourage wellness but also foster a sense of belonging and collective responsibility towards healthier communities.

With preventive healthcare and overall well-being becoming a key focus area for individuals and families, yoga has evolved into much more than a fitness activity. It has become a way of life that helps people maintain balance, manage stress, and improve their quality of life. As participation continues to grow year after year, International Yoga Day serves as a reminder of the importance of making health and wellness a daily priority.

Sharing his thoughts on the occasion, Mr. Vikas Bhasin, Managing Director, Saya Group, said, “We wish everyone a very Happy International Yoga Day 2026. At Saya Homes, we believe that good health and a peaceful life are essential for overall well-being. Yoga is a way of life that nurtures us mentally, physically, and spiritually. We are delighted that more than 200 families at Saya Gold Avenue, Indirapuram, came together to celebrate International Yoga Day and committed themselves to making yoga a part of their daily routine.”

Startup discovery platform Ideabaaz acquires stake in KickSky Space Lab to accelerate Indian space-tech startups

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Ideabaaz, a startup discovery and entrepreneurship platform, has acquired a stake in KickSky Space Lab, India’s first venture capital-backed space-tech accelerator, in a strategic move aimed at strengthening the country’s deep-tech and space-tech ecosystem. The partnership will focus on identifying, nurturing, and scaling innovative homegrown startups operating in frontier technology sectors.

The announcement took place during VivaTech 2026, Europe’s largest startup and technology event, held in Paris, France, highlighting the growing global interest in India’s innovation-driven startup landscape.

Through this collaboration, founders within the Ideabaaz ecosystem will gain access to KickSky Space Lab’s specialised network spanning space-tech and frontier technologies. This network includes industry experts, research institutions, venture capital investors, corporate partners, and international collaborators. At the same time, startups supported by KickSky Space Lab will leverage Ideabaaz’s nationwide reach, enabling greater visibility and improved access to funding opportunities and strategic investor networks.

In a joint statement, the companies said, “India’s deep-tech ecosystem is seeing rapid growth across space-tech, aerospace, artificial intelligence, robotics, advanced manufacturing, climate technologies and defence innovation. Yet many of the country’s most promising ventures continue to struggle with access to specialised ecosystems, strategic partnerships, global customers, and growth capital. This partnership is designed to address that gap directly.”

Riceberg Ventures, E2MC Ventures, and Aniara Space co-founded KickSky Space Lab to accelerate India’s emergence as a global leader in space-tech and frontier technologies. Since its launch, the accelerator has focused on fostering innovation and supporting high-potential startups. Moreover, over two accelerator cohorts, the platform has built a strong track record of connecting early-stage startups with investors, industry stakeholders, government agencies, and international market opportunities. As a result, it has strengthened the growth prospects of emerging space-tech and frontier technology ventures while helping them access critical funding, mentorship, and global expansion opportunities.

Speaking on the announcement, Ankit Anand, founding team member of KickSky, said, “For India to become a global deep-tech powerhouse, we need more than capital. We need ecosystems that help founders bridge the gap between scientific innovation and commercial success. Together with Ideabaaz, we can help founders build technologies in India and scale them internationally.”

Highlighting the significance of the collaboration, Mudit Kumar, co-founder, Ideabaaz, said, “India has no shortage of talent or breakthrough ideas. What many founders need is access — the right ecosystem, the right visibility, and the right opportunities at the right time. This partnership ensures that exceptional deep-tech founders from every corner of India can access the networks and resources needed to compete globally.”

As India’s startup ecosystem continues to evolve, the partnership between Ideabaaz and KickSky Space Lab expects to create new pathways for innovation-led entrepreneurship. Furthermore, the alliance will help emerging deep-tech and space-tech startups gain access to mentorship, capital, industry expertise, and international opportunities, thereby strengthening India’s position as a global innovation hub.

Narwar Lakefront Resort adds 21 new keys to strengthen experiential hospitality offering

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Narwar Lakefront Resort, a luxury hospitality destination situated on the banks of the Sindh River in Shivpuri, Madhya Pradesh, has significantly expanded its accommodation portfolio by adding 21 new lakefront cottages and rooms. As a result, the resort now offers a total of 41 keys, including premium rooms, cottages, and villas, nearly doubling its accommodation capacity. Furthermore, the expansion strengthens the property’s position in the experiential hospitality sector and enhances its capability to host destination weddings, corporate offsites, wellness retreats, leisure vacations, and long-duration stays.

The newly launched accommodation units feature contemporary interiors, elegant wooden flooring, ambient lighting, and private balcony sit-outs that overlook beautifully landscaped surroundings. In addition, each room includes a king-size bed, a comfortable seating area, a dedicated work desk, and premium in-room amenities designed to meet the needs of modern leisure travellers.

Located close to Madhav Tiger Reserve and offering scenic views of the Madikheda Dam, Narwar Lakefront Resort has steadily established itself as a leading nature and heritage tourism destination in Central India. Meanwhile, the expansion arrives at a time when demand for immersive travel experiences, eco-tourism, luxury stays, and nature-focused getaways continues to rise among domestic and international travellers seeking destinations within easy reach of major cities.

Navneet Sharma, CEO and MD, Lion Group, said, “The addition of 41 rooms allows us to welcome larger groups without compromising the personalised environment our guests truly value. This expansion also showcases our commitment to building Narwar into a distinctive destination rooted in nature, heritage, and meaningful hospitality.”

Sharma further added, “Our focus has always been on creating a destination rather than simply adding inventory. The expanded capacity enables us to curate larger celebrations, wellness-led stays, and experiential programming while maintaining the quality standards and attention to detail that define the Narwar Lakefront experience.”

Spread across seven acres, the resort provides lake-view and pet-friendly accommodations along with a range of hospitality and recreational amenities. Guests can enjoy dining experiences at Boat Club Café, Windmill Café, and Sapor Restaurant. Additionally, the property features a swimming pool, fitness centre, and children’s play area, creating a comprehensive leisure experience for families, couples, and corporate groups alike.

Moreover, the expansion is expected to support the local tourism ecosystem by generating employment opportunities and increasing collaboration with local vendors and service providers. Consequently, the development is likely to contribute to the growth of tourism, hospitality, and economic activity in the Shivpuri region while reinforcing Narwar Lakefront Resort’s status as a premier luxury travel destination in Madhya Pradesh.

Rubystone Hospitality expands portfolio with three new hotels across North India

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Mehardeep Singh, Corporate Affairs General Manager, Rubystone Hospitality

Rubystone Hospitality has expanded its portfolio with the addition of three new properties across Uttarakhand, Himachal Pradesh, and Uttar Pradesh, further strengthening its presence in northern India’s growing hospitality market. The newly launched properties include Aroha in Dehradun, Raywood by Rubystone in Chamba, and Heavenwood Exxotica by Rubystone in Saharanpur.

The expansion aligns with the company’s strategy to cater to the rising demand for leisure travel, destination weddings, business tourism, and experiential hospitality across key regional markets.

In Uttarakhand, Rubystone Hospitality has introduced Aroha, a luxury villa retreat located in Dehradun. The property features six guest rooms and offers a range of premium amenities, including a swimming pool, fitness centre, and recreational facilities. The company has positioned the retreat as a nature-focused destination for travellers seeking a peaceful and immersive stay experience amidst scenic surroundings.

Meanwhile, in Himachal Pradesh, Rubystone Hospitality has launched Raywood by Rubystone near the picturesque Chamera Lake in Chamba. The property offers 18 rooms, including two spacious family suites, while the remaining accommodations provide panoramic views of the lake. Additionally, the hotel features a lake-facing restaurant and a rooftop dining venue, enhancing the overall guest experience and capitalizing on the region’s growing tourism appeal.

The company has also entered the Uttar Pradesh market with the launch of Heavenwood Exxotica by Rubystone in Saharanpur. The property comprises 70 rooms and caters to a diverse customer base, including leisure travellers, corporate guests, wedding parties, and event organizers. Along with modern accommodation, the hotel offers event and banquet facilities designed to host destination weddings, social gatherings, and business functions.

Commenting on the expansion, Mehardeep Singh, Corporate Affairs General Manager, Rubystone Hospitality, said the company remains focused on creating destinations that combine comfort, exceptional hospitality, and memorable guest experiences. He added that the new properties will offer travellers a wider range of accommodation choices across northern India.

The latest additions significantly enhance Rubystone Hospitality’s presence in emerging regional tourism destinations. Furthermore, the expansion reflects the company’s commitment to capturing opportunities arising from the increasing demand for domestic tourism, experiential travel, wedding destinations, and business events.

With the launch of Aroha, Raywood by Rubystone, and Heavenwood Exxotica by Rubystone, the company continues to strengthen its footprint in India’s hospitality sector while diversifying its offerings across leisure, wedding, and corporate travel segments.

India’s real estate sector emerges as a powerful engine of economic growth and job creation

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India’s real estate, housing, and urban development sectors are poised for significant transformation as rapid urbanisation, infrastructure expansion, and policy reforms converge to redefine the country’s growth trajectory, according to a recent report by KPMG.

The report projects that nearly 40 per cent of India’s population will reside in urban areas by 2036, while almost half of the country’s population is expected to live in cities by 2050. Consequently, policymakers, developers, financial institutions, and urban planners must focus on building resilient and inclusive urban ecosystems that can support long-term economic growth and improved quality of life.

KPMG noted that the real estate sector now serves as more than a traditional economic indicator. Instead, the sector increasingly functions as a structural engine for economic expansion, employment generation, infrastructure development, and urban liveability. Therefore, stakeholders are placing greater emphasis on expanding affordable housing supply, particularly for Economically Weaker Sections (EWS) and Low-Income Groups (LIG), where demand continues to outpace supply.

However, several structural challenges continue to hinder affordable housing development. Rising land acquisition costs, lengthy approval timelines, fragmented regulatory processes, and limited access to finance often affect project viability and delay delivery. As a result, the report recommends a series of targeted interventions to improve project feasibility and accelerate housing supply.

The report highlights the need for higher floor area ratio (FAR) allowances for affordable housing projects, streamlined approval mechanisms through single-window clearance systems, digitised land records and mapping, and reduced development charges. Additionally, authorities must strengthen last-mile infrastructure and align master plans with evolving urban growth patterns to ensure sustainable and inclusive city development.

Alongside homeownership, rental housing is emerging as a crucial component of India’s urban development strategy. As migration to cities increases and housing preferences evolve, rental housing can play a significant role in addressing urban accommodation needs. Nevertheless, the sector remains highly fragmented and largely informal, while institutional participation and investor interest remain relatively low due to limited yield attractiveness.

To formalise the rental housing market and transform it into a structured asset class, the report recommends GST rationalisation, inclusion of rental housing under priority sector lending, conversion of vacant housing inventory into rental assets, and the promotion of co-living and specialised housing models for students, working professionals, and senior citizens. Furthermore, the adoption of Affordable Rental Housing frameworks and public asset monetisation initiatives can significantly expand rental housing supply across urban centres.

The report also underscores the importance of strengthening the regulatory ecosystem to enhance transparency, efficiency, and stakeholder confidence. In particular, it highlights the need for better alignment between the Real Estate (Regulation and Development) Act (RERA) and the Insolvency and Bankruptcy Code (IBC) to improve project outcomes and protect homebuyers.

To strengthen regulatory resilience, KPMG recommends implementing early stress detection systems, digitally integrating quarterly project progress reports, introducing project-specific insolvency resolution frameworks, and enhancing coordination between RERA authorities and insolvency professionals. These measures can help prioritise project completion, safeguard homebuyer interests, reduce project delays, and minimise systemic risks within the real estate sector.

According to the report, India’s urban transformation agenda will depend heavily on execution-focused reforms, stronger institutional capacity, and deeper collaboration between the public and private sectors. Moreover, a balanced approach that combines affordable housing expansion, rental housing ecosystem development, regulatory reforms, and infrastructure investment will define the next phase of sustainable urban development.

As India continues its urbanisation journey, the housing and real estate sectors will remain central to economic growth, investment generation, job creation, and the development of future-ready cities. Consequently, effective policy implementation and collaborative action across stakeholders will be essential to achieving the vision of inclusive, resilient, and sustainable urban growth under Viksit Bharat 2047.

Fireback & Barback open at The Loft, Hyderabad

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EHV International makes its South Indian Debut

National, 20 June 2026 — Following the successful launches of FIREBACK restaurants in Goa and Mumbai, EHV International, the company behind genre-defining concepts like Indian Accent, Comorin, HOSA, and Chor Bizarre, now brings Fireback and Barback to Hyderabad at The Loft, HITEC City, marking the group’s debut in South India.

Named after Thailand’s striking national bird, the Siamese Fireback, the restaurant is a tribute to the theatrics and fire-grilled boldness that define traditional Thai kitchens. At its helm is legendary Chef David Thompson, widely regarded as one of the world’s foremost authorities on Thai cuisine. As Culinary Director of Fireback, Chef Thompson brings authenticity to shaping a menu that could well be seen in a leading restaurant in Bangkok. Veteran Asian specialist Chef Kaustubh Haldipur is the Brand Chef of Fireback.

You enter Fireback in Hyderabad through BARBACK, a cocktail bar inspired by the late-night spirit of Bangkok’s Chinatown. Conceived as a seamless extension of Fireback, together the two venues bring the energy, flavour, and spirit of Thailand to South India.

At Fireback, the experience begins with bold, textural small plates like the Miang Kham, a betel leaf bundle layered with pomelo, toasted coconut, and roasted peanuts. The Pineapple som tam, a sweet and sour reimagination of papaya salad with tamarind, palm sugar, and peanuts, delivers both familiarity and surprise. For something plant-forward, the Pumpkin and sweet potato, glazed in gorlae sauce and fire-grilled, is surprisingly rich in depth and texture. Larger plates include the uncompromising Jungle curry of grilled pork, featuring house-made chili paste, turmeric, and deep-fried shallots. The Red curry with soft-shell crab, fragrant with ginger and lime leaves, offers a moment of richness and indulgence. For comfort and contrast, the Classic Thai Omelette and Green Curry deliver familiarity, each elevated with restraint and technical finesse.

Speaking about Fireback, Chef David Thompson, Culinary Director said, “Thai cooking is not simply about heat or spice: it is about the delicate interplay of flavours, textures, and aromas that combine to create a complete experience. Fireback celebrates the richness of Thailand’s culinary heritage while allowing each dish to display clarity and purpose. As Fireback comes to Hyderabad, we hope guests discover and enjoy the depth, elegance, and diversity that define authentic Thai cooking.”

At Barback, Chef Kaustubh’s menu takes cues from the energy of Bangkok’s Chinatown, where bold flavours, smoky cooking, and late-night dining culture come together. The experience begins with bar bites and nibbles such as Crispy Lotus Root Chips and Prawn Toast with Sesame and Hot Mustard before moving into small plates like Chilli Oil Dumplings and Chongqing Tofu. Seafood-forward dishes such as Citrus Chilli Seabass sit alongside favourites including Black Pepper Chicken and Lamb Meatball Skewers, each designed for sharing over cocktails. Larger plates and comfort dishes include Street Wok Fried Rice, Claypot Glass Noodles, Mapo Tofu, and Butter Pepper Prawns, bringing together the wok-fired intensity and vibrant flavours that define the menu.

Complementing the kitchen is an equally thoughtful beverage programme crafted by EHV International’s Head of Bars, Varun Sharma. Inspired by the flavours and ingredients of Southeast Asia, the cocktail menu layers familiar formats with ingredients such as pandan, yuzu, kaffir lime, coconut, mango, lemongrass, and tamarind to create drinks that feel vibrant, nuanced, and highly drinkable. Highlights include the Tom Yum Gimlet, combining gin with lemongrass, ginger-guava cordial, kaffir lime, and chili; and the Pandan Negroni, which brings together gin, pandan, coconut, and sweet vermouth in a tropical reimagining of the classic. The Mango Rice offers a playful nod to one of Asia’s most beloved desserts, blending rum, mango, and rice cordial, while the Perilla Spritz combines perilla oil-washed gin, orange liqueur, and yuzu cordial for a bright, refreshing serve. Richer, more indulgent creations such as the Soy & Mango, featuring aged rum, white rum, miso, and mango, sit alongside refreshing signatures like the Rose Rickey, made with vodka, rose, lime leaf, and pineapple fino.

Designed to complement both the food and the energy of the space, the cocktail programme captures the spirit of Bangkok after dark—bold, expressive, and deeply social. Kevin Rodrigues, Head of Wines, EHV International, has curated a list of aromatic, fruit-forward wines with a hint of sweetness—ideal for balancing the spice and complexity of Thai cuisine. A wide selection of wines by the glass encourages guests to explore and discover pairings that elevate every bite.

Fireback – Architectural services have been provided by Incubis Consultants (India). The interiors have been designed by London-based Russell Sage Studio (UK) under the direction of EHV’s Director of Design, Rashmi Khattar, with end-to-end project management by Director of Development, Vikas Bhasin. The design presents a seamless fusion of tradition and modernity. Fireback embodies the warmth, energy, and authenticity of Thai culture, reimagined through a sustainable and contemporary lens. The space combines a grounded material palette with clean aesthetics and subtle oriental influences, creating an atmosphere that is both sophisticated and inviting.

Barback – Conceived as a seamless extension of Fireback, the two spaces flow naturally into one another—allowing guests to begin the evening with regional Thai cuisine at Fireback before the night gradually transitions into Barback: louder, smokier, more intimate, and more nocturnal. With just a partial physical divider between the two spaces, the experience is designed to feel fluid and immersive—dinner evolving organically into cocktails, music, and late-night conversation. The design language is warm, intimate, and atmospheric. Rich burgundy tones, soft gold detailing, and layered textures create a mood that evolves through the evening. As the night deepens, lighting softens and reflects subtly off metallic finishes throughout the space, while Afro house-inspired music gradually shifts the energy of the room without overpowering conversation.

Speaking about EHV International’s entry into South India, Rohit Khattar, Founder Chairman, said, “Hyderabad has emerged as one of India’s most exciting culinary destinations, with an audience that deeply appreciates quality, innovation, and hospitality. It was a natural choice for our first venture in South India. With Fireback, we are bringing approachable, authentic Thai cuisine to the city, while Barback introduces a completely new cocktail-led experience inspired by Bangkok’s Chinatown. Together, they represent our vision of creating destinations where food, beverage, and atmosphere come together seamlessly.”

Fireback & Barback Hyderabad

Location: The Loft, HITEC City

Reservations: +91 8448724646

Instagram: @firebackrestaurant I @barbackindia

About Fireback (www.firebackrestaurant.com/hyderabad)

Fireback, located at The Loft, Hyderabad, is an authentic Thai restaurant by EHV International, with acclaimed Chef David Thompson as Culinary Director. Named after the striking Siamese Fireback, the restaurant draws from Thailand’s fiery, grill-driven traditions to serve bold, vibrant cuisine. Balancing time-honoured flavours with refined technique, Fireback celebrates the depth of Thai cooking in a vibrant, contemporary setting. Fireback opened by the riverside in Siolim, Goa, and also has a beautiful outpost at Nilaya Anthology in Mumbai.

About Barback

Barback, EHV International’s new cocktail bar at The Loft, Hyderabad, is inspired by the late-night energy of Bangkok’s Chinatown. The beverage program showcases Southeast Asian ingredients such as pandan, yuzu, kaffir lime, tamarind, hojicha, guava, coconut, and lemongrass, while the menu takes cues from Yaowarat, Bangkok’s iconic Chinatown district. Named after the “barback,” the unseen force behind the bar that keeps the drinks moving, the space is energetic, effortless, youthful, and deeply social.

About EHV International (www.ehvinternational.com)

EHV International owns and operates several path-breaking restaurants that are market leaders in their respective cuisines, including Indian Accent, Comorin, Hosa, Fireback, Drift, and Chor Bizarre. All are expanding to multiple cities in 2026 and 2027, and a couple of new concepts are under development too.