As a result of the partnership with the largest spirits company in India, Diageo, the maker of Johnnie Walker Scotch and Smirnoff vodka is aiming to derive about ten per cent of its total business from the country according to Diageo’s Chief Executive Ivan Menezes. Diageo, the world’s largest distiller...
Foreign Direct Investment worth $1.75 billion in Renewable Energy sector
According to the Government of India, the renewable energy sector has received Foreign Direct Investment (FDI) valued at $ 1.75 billion during the last three years (as on 31 December 2012). This was revealed at the Investment Promotion meet which happened in London recently. This event was organized by India's...
Subrata Roy buys London's Grosvenor House Hotel
Billionaire Indian businessman Subrata Roy's Sahara India Pariwar is on the verge of paying £470 million to the Royal Bank of Scotland to buy Grosvenor House, the upscale hotel in London that is frequented by global industrialists and royals. The Grosvenor House was the home of the Duke of Westminster...