Kolkata, which had lost out to other metros in the frenzied run for realty, is catching up big time. This week the Apeejay group, which owns The Park Hotels, bagged a prime 3.35-acre property along Kolkata’s eastern metropolitan bypass for Rs 135.77 crore. The group, which already has a hotel on Park Street in downtown […]
Tag: Retail
Marks And Spencer Confirms Joint Venture With Reliance Retail
April 19, 2008 – 6:32 am
Marks & Spencer is to enter into a joint venture aimed at establishing itself as a major retail brand in India. The JV is with Reliance Retail, part of the Reliance Industries Group. Marks & Spencer will take a 51% interest in the venture, with Reliance Retail taking the remaining 49%.
