UK'S BOOTS TIES UP WITH RELIANCE RETAIL

World’s leading pharma and beauty retailer, Boots Company, has signed a Bharti-Wal-Mart type agreement with Reliance Retail (RRL) to enter India’s health and wellness market. The two have decided to get into an equal joint venture for wholesale business and plan to operate front-end stores through a franchisee agreement.

The Economic Times

BSNL SEEKS GLOBAL BIDS FOR MANUFACTURING EQUIPMENTS

Confronted with perennial shortage of modems and other broadband equipment, state-owned BSNL is exploring the possibility of setting up a joint venture for manufacturing these products. The PSU has invited tenders from all global equipment majors to enter into a JV for setting up manufacturing facilities in India.

The Economic Times

Emaar MGF to open hotels chain with Global Hyatt

Real estate and hospitality company Emaar MGF has agreed to enter into a joint venture with Global Hyatt Corporation of the US to set up a chain of business hotels in India under the brand name Hyatt Place. Emaar MGF is jointly owned by Emaar Properties, PJSC of Dubai and India’s MGF Developments.

The Economic Times
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Emaar_MGF_to_open_hotels_chain_with_Global_Hyatt/
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