Japan
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Opportunity India Desk Jan 11 2024 - 2 min readIndia-Japan Fund is set to invest INR 400 crore in Mahindra Last Mile Mobility Ltd, a unit of automobile major Mahindra & Mahindra. The investment, made at a valuation of up to INR 6,600 crore, will give India-Japan Fund (IJF) ownership ranging from 6.06 per cent to 8.25 per cent in Mahindra Last ...
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Vaishnavi Gupta Oct 30 2019 - 1 min readOYO Hotels and Homes has strengthened its footprint in Japan by launching its services in more than 100 hotels across 50 cities including Tokyo, Osaka and Kyoto. In April 2019, the hospitality firm’s hotel business in Japan, OYO Hotels Japan, had started operations through a joint venture with the SoftBank Group. OYO has roped in ...
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Franchise India Bureau Jul 10 2019 - 1 min readMarriott International Inc has announced the signing of an agreement with Sekisui House, Japan’s property developers, for launching a new Ritz-Carlton hotel in Fukuoka. This hotel will be the brand’s seventh hotel in Japan. The Ritz-Carlton, Fukuoka, will be developed and owned by Daimyo Project TMK. It is likely to start in Spring 2023. Craig ...
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Franchise India Bureau Apr 11 2019 - 1 min readIn order to promote technical co-operation, Indian Institutes of Technology (IIT) Bhubaneswar will partner with the Association for Overseas Technical Co-operation and Sustainable Partnerships (AOTS), a Japanese organization. AOTS is established under the Japanese Government, Ministry of Economy, Trade, and Industry (METI). Currently, it functions as their policy implementations organizations in the field of Industry ...
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Vaishnavi Gupta Apr 06 2019 - 4 min readBeginning from a single hotel in May 2013, OYO has become India's largest hospitality company, having a presence across 259 cities with around 173,000 hotel rooms in the country. OYO, founded by Ritesh Agarwal, has recorded global sales run-rate of $1.8 billion in December 2018, growing at 4.3X, and its India business was growing at 3X with ...