Tag: North India

Cement Companies Transform Product Mix

September 3, 2008 – 9:30 am

With increasing cement supplies to north India, companies dependent on this market are changing their product mix from portland pozzolana cement (PPC) to ordinary portland cement (OPC) to sustain growth. OPC is used for roads and infrastructure while PPC is used in real estate projects. Shree Cement managing director HM Bangur, who runs the largest [...]

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First Engineering SEZ In Haryana By Raheja Developers

August 21, 2008 – 5:08 am

Real estate developers Ansal API and Raheja Developers are attempting to tide over the gloom in the real estate sector by pursuing their special economic zone (SEZ) plans. While Ansal has announced plans for six infotech SEZs across three states, Raheja is setting up north India’s first engineering SEZ in Haryana. While Ansal will pump [...]

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Alchemist Group Will Invest Rs 1,300 Crore In Hospitality Sector

August 2, 2008 – 7:14 am

The Chandigarh-based Alchemist Group is planning a big bang foray into the hospitality sector with an investment of Rs 1,300 crore over the next two years. The plan includes a huge fine dining, quick services restaurant chain and five-star hotels. The Rs 7,000-crore conglomerate, which has interests in real estate, food processing, healthcare, pharma and [...]

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Ginger Hotels Group Plans To Launch 60 to 70 Properties In India

July 17, 2008 – 5:39 am

According to Financial Chronicle’s interview with Prabhat Pani, CEO, Ginger Hotels, the Ginger Hotels group plans to launch 60 to 70 properties in India, within the next three to four years. The company has adopted a new method of refurbishing existing properties, instead of buying land for new hotels. So far, investment in the Indian [...]

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McDonald’s To Invest Rs 400 Crore In India

June 11, 2008 – 5:45 am

With an aim to clock 30-35 per growth per annum, the US fast food chain McDonald’s plans to open around 60 more restaurants across the country annually and pump in Rs 400 crore in the next three years. “India has a huge market potential for McDonald’s,” Connaught Plaza Restaurants Managing Director Vikram Bakshi said while [...]

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