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Franchise India Bureau Sep 18 2018 - 1 min readAlinz has tied up with Czech firm Petrocard to make machines for portable petrol pumps at an investment of Rs 1,600 crore. The concept of portable petrol pumps is new to the country. Alinz has received approval from the Ministry of Petroleum and Natural Gas to manufacture them. Inderjeet Pruthi, Managing Director of Alinz, said, ...
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Franchise India Bureau Aug 06 2018 - 1 min readRegeneron Pharmaceuticals Inc has announced to invest $100 million in cancer drug developer bluebird bio Inc, and jointly the companies will develop new cell therapies for cancer. The investment will be at $238.10 per share, a premium of nearly 59 percent over bluebird's Friday closing price. Bluebird bio's shares were up about 7 pct at ...
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Shwetha Satyanarayan Sep 29 2017 - 1 min readVoylla Retail Pvt Ltd, which operates fashion jewellery and accessories e-tailer Voylla, is going to generate entrepreneurial opportunities as it eyes physical store expansion in India. The Jaipur-based brand, which has just raised $15 million in fresh funds from private equity firm Peepul Capital, intends to expand its retail network to 100 outlets. The firm ...
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Franchise India Bureau Sep 29 2017 - 1 min read"At the time of IPO in December 2014, we had indicated that we will have 275 EBOs by FY'17. However, due to economic slowdown, we will expand at a slower pace than we had earlier planned. We plan to open 30 EBOs by fiscal 2017," Monte Carlo Fashions Executive Director Sandeep Jain was quoted as ...