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Franchise India Bureau Nov 29 2018 - 1 min readIndia's largest hotel brand OYO is planning to add more than 1 million rooms globally over the next four to five years. The SoftBank funded start-up aims to emerge as the world’s largest hotel brand by room count, overtaking Marriott. Presently, American hospitality major Marriott is the world's largest hotel brand with approximately 1.4 million ...
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Franchise India Bureau Nov 13 2018 - 1 min readIndian drugmaker Cipla Ltd, through its subsidiary InvaGen Pharmaceuticals Inc, will acquire US-based speciality pharmaceutical company Avenue Therapeutics Inc for up to $215 million. Cipla will acquire Avenue, part of Nasdaq-listed Fortress Biotech Inc, in two stages. Avenue focuses on the development and commercialization of intravenous Tramadol to manage post-operative pain. Cipla said, "At the ...
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Franchise India Bureau Jul 12 2018 - 1 min readNobel laureate Amartya Sen on Tuesday said continuous discussion among stakeholders was required to take the education system forward. “Only talks can enable us to find out merits and demerits in our education system. Any deficiency and lacunae in our education system can be traced and defined through continuous discussion only,” Sen said. “Discussion among ...