The Competition Commission of India has approved Warburg Pincus's acquisition of a 41.09 per cent stake in Fleur Hotels Ltd, a subsidiary of Lemon Tree Hotels, alongside a INR 960 crore investment plan. This clearance enables a major internal restructuring that separates hotel operations from asset ownership, positioning Fleur for significant expansion and a future stock market listing. The move signals confidence in India's hospitality sector amid steady post-pandemic recovery.