Expansion Plans

The company also said it is aiming for 500 rooms across its properties by December this year.

#MCAtDavos: LuLu Group's Yusuf Ali on expansion plans, India investments and employment opportunities

Moneycontrol is in conversation with LuLu Group's Yusuf Ali on company's expansion plans, investments in India, employment opportunities and more.

How McDonald’s stayed relevant in India, future expansion plans & creating shareholder value

Westlife Development is the owner and operator of McDonald’s restaurants in India. And as the burger giant completes 25 years in India, Karunya Rao caught up with Amit Jatia, Vice Chairman, Westlife Development, to understand the road ahead for Indian market, expansion strategy, investment plan and what shareholders should be watching out for

GrabOnRent to raise $5 million in Series A funding

GrabOnRent, an online product rental service, today said it plans to raise USD five million in series A funding to fuel expansion plans.

Manpasand Beverages up 2% on output capacity expansion plans

Beverage maker plans to set up plants at Andhra Pradesh, Uttar Pradesh and Gujarat in a bid to expand this output capacity in the next 12-18 months.

Hatsun Agro touches 52-week high on strong Q3 results

Stock soars 5 percent intraday on Monday as the dairy products manufacturer and seller‘s net profit rose 63.6 percent to Rs 28.8 crore against Rs 17.6 crore (year on year).

Pokarna jumps 9% on subsidiary‘s plans to expand capacity

The company's wholly-owned subsidiary will invest Rs 325 crore to expand its quartz surfaces production output by 130 percent

Vatika raises Rs 495 cr from Axis Bank to expand hotel biz

Gurgaon-based realty firm Vatika group has raised Rs 495 crore from Axis Bank to fund its hospitality business expansion plans.

Vodafone India may get $5 bn from UK parent: Sources

UK based telecom giant Vodafone Plc is expected to announce a huge fund infusion to the tune of USD 5 billion in its Indian arm, reports CNBC-TV18‘s Nisha poddar quoting sources.

New FDI norms to help accelerate India expansion plans: LeEco

Chinese handset maker LeEco on June 20 said the government's move to relax FDI norms for foreign players in single-brand retail will help accelerate its expansion plans in the country

StayWell Hospitality to open 5 hotels in India this year

Australia-based StayWell Hospitality Group plans to add five hotels with around 550 rooms in India by the end of 2016, targeting mid- and up-scale segments as part of its expansion plans in the country

Aim to open 20 stores; invest around $200 mn in Maha: Walmart

One store requires an investments to the tune of USD 8-10 million with capabilities of employing around 2000 people in one store, said Krish Iyer, President & CEO, Walmart India.

Saint Gobain to invest Rs 1,000 cr in two plants in Chennai

As part of the company's Make in India drive, Saint Gobain has firmed up a Rs 1000 crore investment that will be made towards setting up two new plants within the company's integrated manufacturing facility near Chennai.

Eyeing brownfield expansions not less than Rs 50k cr: IOC

The petchem major has decided to draw up a massive expansion plan, with a capex of more than Rs 1,50,000 crore.

Gas price hike positive; bullish on India: GE

John Rice, Vice Chairman of GE while welcoming government‘s decision of hiking gas prices said it is not just a big positive for the company but also for the sector as a whole.

JSW Steel, MISI JV to start steel processing centre in Pune

JSW Steel on Tuesday said that it will set up a steel processing centre in Pune. It will along with its joint venture partner Marubeni Itochu Steel Inc.

JSW Energy puts expansion on hold; eye on organic growth

Speaking to CNBC-TV18, Sajjan Jindal, MD, JSW Steel, said that JSW Energy has placed its expansion plans on hold and eyes organic growth.

Ansuman Das takes over as full-time CMD of NALCO

Ansuman Das was given the full time charge of being the CMD of NALCO, a company release said today. NALCO's various expansion programmes are likely to get a boost.

BPCL-Kochi refinery expansion site declared strike free

The Union Minister for of State for Labour said that the Rs 20,000 crore BPCL-Kochi refinery expansion project site at Ambalamugal was declared a 'strike-free' zone with a view to completing the project within the stipulated 42 months.

Unique Trees hoping to spread its branches via IPO

Despite having doubled its revenues in the last three years of its existence to Rs 20 crores in FY13, Unique Trees is hoping to raise money from the capital markets by going public next year in order to aid its expansion plans.

See 8-10% growth in FY14; EBITDA to be 21%: BILT

Ballarpur International will see an 8-10 percent growth rate in FY14 on the back of better volumes and pricing, said Yogesh Agarwal, MD and CEO of the company. He saw EBITDA being 21 percent for FY14.

Cochin Shipyard plans to Rs 500 crore IPO

Cochin Shipyard is eyeing capital markets to raise Rs 400-500 crore through IPO for its expansion plans. The proposal is yet to be finalised and the yard has tentatively planned to offer 2.22 crore shares, he added.

Aditya Birla Nuvo to raise over Rs 4,000 cr for expansion

Aditya Birla Nuvo's net profit surged 19 percent to over Rs 1,000 crore rupees, and to keep this momentum going, ABNL has chalked out some aggresisve expansion plans.

Jayaswal Neco's premium price based on intrinsic value: CFO

PK Bharadwaj, CFO, Jayaswal Neco justifies the premium price of allotment to the intrinsic value of the company. He further adds the intrinsic value lies in the coal and iron ore reserves.

Jumboking plans to add 200 outlets by 2015

With a view to fuel its expansion, the Indian snack-food retail chain Jumboking has chalked out expansion plans to add 200 outlets by 2015.