Tag: Conglomerate

Frasers Hospitality Will Expand Business in China, India And Vietnam

Frasers Hospitality, undaunted by the uncertain global economic outlook, is pursuing an aggressive expansion strategy in China, India, Vietnam and other markets. The hospitality arm of Singapore-listed conglomerate Fraser & Neave is a ‘contrarian’ that aims to add about 5,000 serviced apartments over the next two years, despite fears of a global economic slowdown, said […]

Sistema With Shyam Group Will Work For Real Estate

Russian conglomerate Sistema, on Tuesday declared that it plans to invest $100-200 million in developing hotels, offices and residential complexes in major cities of India. The revelation came after the company’s decision to invest $5 billion in the country’s telecom sector earlier in the year. Sistema has confirmed an coalition with India Shyam Group, which […]