company information
The Hospitality chain The Best Western Group last day made an announcement that the opening of a budget property Ashoka Hitec City that is going to be coming up in the IT hub of Hyderabad. Gaurav Sarin who is the Associate Vice President, Business Development Best Western India, said, that Hyderabad is rich in Indian [...] Continue Reading »
Mexican multiplex chain Cinepolis is scouting for acquisitions in India as it looks to expand presence in the country with a target of having over 400 screens by the end of 2017. The company that is eyeing presence in top 40 cities in India has already stated that it expects the country to account for [...] Continue Reading »
Indian IT giant Wipro has a good name in the world of Information Technology and its innovative products are liked by many customers in the US. In order to increase the top line of the company, they have launched a new application. Opus Capital Markets Consultants, a wholly owned US subsidiary of Wipro has launched [...] Continue Reading »
The $100 billion diversified Tata Group has further extended to include Tata Capital, a private equity arm responsible for the first external real estate investment of the group. Tata Capital has invested $80 million (Rs 470 crore) in 15% stake and a board seat in Shriram Properties, the Bangalore-based real estate division of the Shriram [...] Continue Reading »
Environment and other coastal clearances have been granted to Adani Ports and Special Economic Zone (APSEZ) for its special economic zone (SEZ) to be spread across an 8,481-hectare area in Mundra — a project which had been halted because approvals were pending for the last many years. With environmental and coastal regulator zone (CRZ) clearances [...] Continue Reading »
A Central public sector undertaking – Hindustan Lifecare (HLL Lifecare) – has joined forces with Tata Memorial Centre to build a modern women and children cancer hospital at Parel in Mumbai. A memorandum of understanding (MoU) marking the partnership has been signed by HLL Lifecare and Tata Memorial Centre; with the project management consultancy having [...] Continue Reading »
Global deal tracking firm Mergermarket has revealed in a recently-released report that, in the first six months of 2014, Mergers and acquisitions (M&As) in India witnessed a substantial increase to USD 17.1 billion; thereby marking a year-on-year jump of more than 47 percent. According to the figures shared in the Mergermarket report, the January-March 2014 [...] Continue Reading »
Farmers, in parts of Gandhinagar and Ahmedabad, protested against land acquisition by Maruti. The villagers claim that the land was taken away from them at a throwaway price and given to Maruti. This is the second major instance where farmers are protesting against the State Government’s attempts to acquire agricultural land for industries. The farmers [...] Continue Reading »
