Friday’s news cycle included confirmation that The Mangalam group announced plans to invest Rs 1000 crore or approximately USD 120 million to expand its hospitality portfolio across India targeting the growing tourism sector.
Records show 120 million to expand its hospitality portfolio across India targeting the growing tourism sector.
Institutions and individuals identified in source material include The Mangalam, USD, India. Quantitative references in the underlying brief include Rs 1000 crore, USD 120. The development was logged among domestic governance and policy items in May 29 round-ups.
Citizens’ groups tracking governance said they would monitor implementation of any orders issued. Figures repeated here match those in the initial summary only.
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Sources:
https://www.ibef.org/indian-economy-news