Lulu Group

Lulu Group Chairman Yusuff Ali blames politician for delay in starting mall in Kerala's Thrissur

The Lulu Group Chairman opined that Thrissur is blessed with many entrepreneurs and reminded that almost all the renowned businessmen of Kerala are from Thrissur,

Top Gulf grocer Lulu seeks up to $1.43 billion in Abu Dhabi IPO

The hypermarket chain operator has set a price range of 1.94 dirhams to 2.04 dirhams per share, according to a statement on Monday. The top end of the price range implies a market capitalization of 21.1 billion dirhams.

Lulu Group to invest Rs 10,000 crore in India over 3 years to complete ongoing projects

Yusuff Ali also said the Lulu Group has committed about Rs 3,500 crore in investments in Telangana in the next five years in various projects including a Destination Shopping Malls (Rs 3,000 crore) here and also in other cities in the state.

PVR to open more superplexes, add more screens in the South

FY24 will be huge once the merger with INOX goes through, says joint MD Sanjeev Bijli

MC Exclusive | Lulu Group aims at retail opportunities in Noida, Gurugram, scouts for land

In Gurugram, the company has taken up a space in a mall for a hypermarket. “This is under construction. This should be operational in about a year-and-a-half,” Shibu Philips, Director-Shopping Malls of Lulu Group India told Moneycontrol

Bullish on retail sector, Lulu Group plans to develop more shopping malls in India

Headquartered in Abu Dhabi, the diversified Lulu group has an annual turnover worth USD 8 billion.

UAE's Lulu Group expands in country of its founder

Lulu Group, an Abu Dhabi-based supermarket operator, debuted a mall in Lucknow on Sunday as part of its expansion into the nation where its founder Yusuff Ali was born. Lucknow is the fourth city where Lulu has established its wildly popular store, following Kochi, Bangalore, and Thiruvananthapuram.

WEF meet: Karnataka inks MoU with Lulu group for Rs 2,000-cr investment

Karnataka government on Monday signed a memorandum of understanding (MoU) with Lulu International Group for an investment of Rs 2,000 crore in the presence of Chief Minister Basavaraj Bommai at the World Economic Forum (WEF) meet being held in Davos, Switzerland.

#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.

Upbeat on growth prospects, Lulu Financial Holdings to expand NBFC business in India

The NBFC (Non-Banking Financial Company) started operations last year and is in the process of expanding its business starting from the South, Lulu Financial Holdings Managing Director Adeeb Ahamed said.

Emaar Group developing 5 lakh sq ft mall in Srinagar: Lt Governor Manoj Sinha

Lulu Group is also setting up a food processing hub in Srinagar, said the Jammu and Kashmir Lieutenant Governor

Abu Dhabi’s Lulu invites pitches for 2023 UAE listing

Abu Dhabi-based Lulu Group was founded by Indian entrepreneur Yusuff Ali, who set up the first Lulu store in the early 1990s during a years-long oil boom in the Gulf region.

UAE-based Lulu Group to invest Rs 3,500 crore in Tamil Nadu

A memorandum of understanding (MoU) to this effect was signed on Monday by Pooja Kulkarni, Managing Director and CEO of Tamil Nadu Industrial Guidance & Export Promotion Bureau and Ashraf Ali MA, Executive Director of Lulu Group, the company said in a statement.

Lulu Group to invest Rs 2,000 crore to build shopping mall in Gujarat

According to the MOU, the group will set up a shopping mall between Ahmedabad and Gandhinagar which will create employment to more than 5,000 people.

Chopper with LuLu Group chairman Yusuff Ali crash lands in Kochi

According to a statement from Lulu Group, MA Yusuff Ali, currently in Kerala, was on a short trip from his home in Kochi to visit a relative at a nearby hospital.

LuLu Group strikes Switzerland hotel deal

The company said its new purpose-built, 260-room hotel, set to open in 2020 and will be located close to Rümlang station and offer good transport links

Lulu Group inks three pacts with Telangana government

Under the MoUs, Lulu will invest an amount of USD 400 million (Rs 2,500 crore) to construct 1.8 million square feet area of mega shopping mall, set up food processing plant and a logistics and export processing unit for fruit and vegetables, an official release said here.

Lulu Group arm VPS Healthcare earmarks Rs 1,000 crore for buyout opportunities in domestic hospitals space

The Abu Dhabi-based VPS Healthcare, with over a USD 1 billion turnover, is an integrated healthcare provider with primary, secondary and tertiary care hospitals and clinics as well as drug manufacturing and pharma retailing, in the Gulf region, India and Europe, and runs four hospitals in the country -- three in Delhi-NCR region and one in Kochi.

Lulu Group backed Tablez bets on offline retail in India, to invest Rs 300 crore