Started by Australian-French restaurateur Jean-Pierre Corgnet in 2001 in Queensland, Australia, Crepe Cafe is set to make its India debut offering both sweet and savory crepes. Corgnet, chairman of Crepe Cafe said, "I think India is a huge market for us because of its young population and a growing middle...
Temasek and Ascendas-Singbridge Group to Invest in India Logistics
Singapore-based Ascendas-Singbridge Pte Ltd., that offers urban development solutions, will invest $320 million in logistics and industrial real estate in India. The company launched the Ascendas India Logistics Program which targets developing a portfolio of thirteen to fifteen million square feet of space in key warehousing and manufacturing hubs in...
American Companies Top in Leasing Commercial Space in India
In India, American companies occupy about 45 percent of the grade ‘A’ space, as they continue to expand operations leveraging the low cost and highly-skilled resource base in the country. Companies from India account for 35 percent of the office real estate absorption, while those from the European Union take...
AAR Corp Partners with India's Indamer Aviation
Wood Dale, IL-headquartered AAR Corp, global provider of aviation services to commercial airlines, announced a joint venture with Mumbai, India-based Indamer Aviation, for the development of a new airframe maintenance, repair and overhaul (MRO) facility in Nagpur, India. "We are excited to expand AAR's MRO expertise outside of the Americas...
KKR, TPG Bid for India's Fortis Healthcare
On April 18, I had blogged about San Francisco, CA-headquartered TPG Capital-backed Manipal Hospitals acquiring Fortis Healthcare's hospital assets. However, Fortis' shareholders objected to the acquisition, since the deal on behalf of Fortis hospitals had been approved by a board of directors elected during the ownership of Fortis' previous management who...
IMAX Expands in India
IMAX Corporation, Mississauga, Canada-based entertainment technology company specializing in motion-picture technologies and large-format motion-picture presentations, reached agreements to bring nine new large-screen theaters to India. IMAX will partner with Mumbai-based INOX Leisure Ltd., on five of the theaters, and with Mexico's Cinepolis India on the other four. The new theaters...