retail opportunity
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Franchise India Bureau Aug 03 2018 - 2 min readIn an attempt to drive volumes, fruit juice maker Manpasand Beverages has planned to build 10 new manufacturing plants in the country by 2020, a top company executive said. Currently, the company has six manufacturing plants across the country, of which three are in Vadodara, and one each in Varanasi, Dehradun and Ambala. "We are ...
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Franchise India Bureau Jul 19 2018 - 1 min readAparna Enterprises Limited, part of city-based diversified Aparna Group, on Wednesday announced plans to invest Rs 200 crore on expansion over next three years. As part of this expansion which is expected to help it double its turnover from current Rs 800 crore, the company will expand tiles manufacturing unit near Kakinada in Andhra Pradesh ...
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Franchise India Bureau Jul 12 2018 - 1 min readCipla Ltd, India’s second-largest drugmaker by market value, has agreed to acquire South Africa’s Mirren (Pty) Ltd to strengthen its foothold in the African nation. The Indian company will pay 450 million South African rand (Rs 228 crore or $33 million) for Mirren in cash, it said in a stock-exchange filing. Paul Miller, CEO at ...
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Franchise India Bureau Jul 11 2018 - 2 min readCash-strapped Fortis Healthcare Ltd, which is in the process of finding a new investor, said Wednesday its board would meet on 13 July to consider raising funds through issue of securities on a preferential allotment basis. The Fortis Healthcare board will meet “to consider, and if thought fit, approve raising funds through issue of securities ...
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Franchise India Bureau Apr 18 2018 - 1 min readIndia’s second-largest hospital chain Fortis Healthcare Ltd has received an unsolicited non-binding proposal from a unit of Fosun International, making the Chinese business conglomerate the fourth bidder in the Fortis stake deal. Fosun Health Holdings Ltd intends to provide Rs 100 crore ($15 million) in the next 45 days to support ...