Mergers & Acquisitions
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Opportunity India Desk Sep 29, 2017 - 1 min readThe e-commerce market in the country will be about USD 70 billion by 2020 and players will be investing around USD 1-2 billion over the next few years, largely in tier II cities and towns, a top official of Myntra confirmed at the recently held Economist India Summit, as reported by ...
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Opportunity India Desk Sep 29, 2017 - 2 min readGlobal alternative asset manager, The Carlyle Group has said that an affiliate of Carlyle Asia Partners IV has bought a stake in Metropolis Healthcare Limited, a multinational chain of pathology laboratories. Carlyle is acquiring the stake held by Dr. GSK Velu and his affiliates. Financial details were not disclosed. Promoted ...
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Opportunity India Desk Sep 29, 2017 - 2 min readThe online food delivery market in the country has seen an impressive growth of 40 per cent in 2014 touching Rs 350 crore on the back of strong traction in metros like Delhi-NCR, Mumbai and Bangalore, a report by IAMAI-IMRB (Internet and Mobile Association of India) said. According to ...
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Opportunity India Desk Sep 29, 2017 - 2 min readEyeing a major share in the real estate franchise sector, RE/Max India is looking at opening 500 offices with 5000 associates pan-India. Currently, it has 100 plus offices in 30 + cities across the country. “We would want a RE/MAX balloon to land in every city in India. The way RE/MAX has grown in ...
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Opportunity India Desk Sep 29, 2017 - 1 min readDelhi’s commercial centre Connaught Place will get its own model of CyberHub, a real estate major DLF's food destination in Gurgaon. This dining and fashion zone-The Colonnade- promoted by the Akoi Group, owner of the luxury hotel The Imperial, is slated to open in November with about 50,000 square feet of retail space. ...
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Opportunity India Desk Sep 29, 2017 - 2 min readIn an endeavour to evolve the F&B industry in India, Lite Bite Foods with HMSHost, the world’s largest provider of food and beverage services will together bid to acquire the rights to launch and operate international and domestic F&B outlets at retail destinations like airport, train stations and highways across India. The ...
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Opportunity India Desk Sep 29, 2017 - 2 min readMulti-level marketing company, Amway is looking at trebling its sales in the country to up to Rs 6,000 crore over the next ten years, a senior executive said today. Even as direct selling has seen a significant downturn globally, Amway has bet big on India and has invested in a Rs ...
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Opportunity India Desk Sep 29, 2017 - 2 min readSubway restaurant operating out of Kempegowda International Airport, Bengaluru (KIAB) has emerged as the chain’s highest selling outlet in terms of number of units sold, amongst all Subway restaurants situated in non-traditional locations, across the globe. Griffith David, the franchise owner of this outlet, remarked, “It’s been truly gratifying ...
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Opportunity India Desk Sep 29, 2017 - 2 min readTextiles-to-telecom conglomerate Aditya Birla Group’s consolidated revenue has crossed Rs 2.5 lakh crore mark with a growth of 9 per cent in the latest fiscal, group chief Kumar Mangalam Birla has said. A PTI report said that Global operations accounted for more than 50 per cent of the group’s ...
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Opportunity India Desk Oct 29, 2020 - 2 min readNITCO Ltd, a leading tiles manufacturing and surface design company, plans to open 10-12 new stores over the next 2-3 months across several states. These stores will be opened at Chandigarh, Haryana, Kerala, Kolkata, Amritsar (Punjab), and Tamil Nadu. Of the new stores, the company plans to open three stores on a large scale, while ...