Merger
-
Franchise India Bureau Dec 01 2017 - 1 min readKishore Biyani led Future Retail Ltd acquired entire shareholding in Shoppers Stop subsidiary Hypercity. "...The company along with other sellers have transferred their entire equity shareholding held in Hypercity to Purchaser (Future Retail) on November 30, received part of cash consideration and share consideration consisting of over 47.56 lakh equity shares of Rs 2 ...
-
Franchise India Bureau Sep 29 2017 - 1 min readLeading integrated travel and financial services company, Thomas Cook Limited has entered into a strategic partnership with OYO rooms, a branded network of hotels across 140 cities in the country. ''The agreement is the first of its kind between a travel services company and OYO offers India's leisure and business ...
-
Franchise India Bureau Sep 29 2017 - 1 min readOnline budget accommodation aggregator Zostel Hospitality is planning to launch 14 more branded hostels for backpackers by end of the year across national and international destinations. As far as the business model is concerned, the company ties up with aspiring entrepreneurs through its Zostel Entrepreneurship Development Programme, under which performance linked seed capital ...
-
Franchise India Bureau Sep 29 2017 - 2 min readGujarat-based Manpasand Beverages has entered into a retail tie-up with ice cream and food retailing major Havmor Ice Cream to expand its reach in urban areas. This tie up covers 164 outlets of Havmor in Gujarat, 28 outlets in Mumbai and 17 in Punjab. Manpasand's flagship mango-based brand 'Mango Sip' and ...
-
Franchise India Bureau Sep 29 2017 - 1 min readIn a new move, US burger chain Carl's Jr has decided to serve Kingfisher beer at its stores in India starting with New Delhi as it collaborated with United Breweries. "The decision to offer beer is the outcome of a key insight in the quick service restaurant market in India. There are hardly any ...