Investment cos eye up to 50% of Four SeasonsEarlier media reports suggested that Jatia was building a 55-storeyed second tower with 26 luxury residences with a price tag ranging from ...
SAMHI Hotels buys Pune Hyatt Regency for Rs 350 croreThe acquisition will be funded through a mix of debt and equity, Ashish Jakhanwala, founder and CEO of SAMHI, said without divulging the de...
Mumbai's mega property deal: My house has such good new owners, says Arun JatiaSpeaking for the first time post-sale, Arun Jatia is thrilled at media reports that KM Birla will not tear the bungalow down.
Mumbai’s largest-ever property deal: Kumar Mangalam Birla to pay Rs 425 crore for sea-facing Jatia HouseBirla agreed to pay Rs 425 crore to buy the two-storey house in the city’s tony Malabar Hill area on Monday after a day-long auction.
McDonald's franchise owner 'buys' Napean Sea Road building for Rs 175 croreThe structure is almost a century-old and is tucked away in the tiny Darabsha lane off Napean Sea Road.
McDonald's first McCafe launched in MumbaiHardcastle Restaurants, which runs the franchise for the Western and Southern operations of McDonald's in the country, today launched its f...
Vikram Bakshi & Amit Jatia: A tale of McDonald’s two franchise partners in IndiaA case in point was India, where it entered in 1995, with two 50:50 joint ventures, one with Bakshi and the other with Jatia.
- Westlife raises Rs 180cr via preferential issue of shares
BSE-listed Westlife Development today said it has raised Rs 180 crore through preferential issue of shares to Arisaig India Fund, following...
McDonald’s may look at QIP, FPO for fundsHardcastle Restaurants , a development licensee of American burger chain McDonald’s Corp for the south and west of the country, will double...
McDonald’s chain Hardcastle Restaurants becomes direct subsdiary of Westlife DevelopmentFor 2011-12, WDL recorded a net profit of Rs 31.40 crore on a total income of Rs 547.41 crore, riding on the strong performance of its subs...
- Orient Ceramics acquires 62.92% in Bell Ceramics
Orient Ceramics and Industries Ltd (OCIL) on Tuesday said it will acquire 62.92 per cent stake in Gujarat-based Bell Ceramics for Rs 15.84 ...
- Now, Emami forays into homeopathy
Emami Group forays into homoeopathy sector by acquiring Kolkata-based M Bhattacharyya & Co Private, one of the country’s earliest homeopath...
- Modern India plans foray into free trade warehousing zone
Modern India Ltd has identified land at Panvel for setting up a free trade warehousing zone. The company has made an application to the gov...
- Grand Hyatt's Jatias to part ways over ownership issues
Inability to meet dues and differences over ownership issues among various family members of the Rs 1000-cr group lead to the move.
- Four Seasons all set for a 'formal' launch next year
India has been waiting for a long time for Four Seasons’ debut. Ironically, chairman and CEO Isadore Sharp met the media at the Presidentia...
- Asian Hotels demerger plan ready to blow
The demerger would help to unlock the value of the assets in the company, says Asian Hotels MD.
- UAE's Abbasi Group to open coffee outlets in Mumbai
Making a foray into the booming Indian beverages market, UAE-based Abbasi Group will open three outlets of the coffee chain 'Coffee Bean an...