Carlson hotels worldwide may take a minority stake in some hotel projects in India that will operate under its mid-market brands. It plans to open 69 hotels in India by 2015 as part of 250 hotels planned globally. Currently it operates 31 hotels across all its brands in India. Dabur has hired Bhojpuri actor Ravi Kishen to endorse Dabur Chyawanprash through direct interactions with dealers and consumers in Bihar and UP. Bharti is in talks with Bank of India to sell its 25% stake in its domestic asset management joint venture with AXA Investment Managers, which owns 75% of the mutual fund with assets of Rs. 510 crore.
2. Carlson mulls buying stake in hotel projects CARLSON hotels worldwide may pick a minority equity stake in some hotel projects being built by local developers that will operate under its mid segment brands in India. Its planning to open 69 hotels in country by 2015, out of 250 planned across the world. Presently its operating 31 hotles across all its brands in india
3. Dabur casts Bhojpuri actor in lead role for local endorsements Ravi Kishen to dance to the tune of Mein aayahoon UP, Bihar lootne…for DaburChyawanprash, through direct interaction with dealers, consumers and stockists particularly in Bihar and UP. Company officials said that through cost will be must less and it’s a great way to attract target group.
4. BHARTI in talks to exit MF business BHARTI is in talks with Bank of india to sell its 25% stake in domestic asset management JV with AXA investment Managers. The AXA group owns 75% on the mutual fund venture with assets under management of Rs. 510 crore.
