/Tag: Swiss

The great Indian clean-up gathers pace

2020-03-24T09:49:26+00:00February 15th, 2019|Global Edition – February 2019|

The Modi government’s action against indirect ownership of foreign assets, the crackdown on shell companies, the enactment of the Insolvency and Bankruptcy Code and the decisive diplomacy that has helped nab alleged middleman in the Augusta Westland deal – Christian Michel – and put fugitive liquor baron Vijay Mallya  on notice is cleaning up the Indian business landscape and bringing in transparency. Two out of four... Is that good enough? An important element that would enable people to provide an [...]

LuLu Group strikes Switzerland hotel deal

2019-02-15T14:35:54+00:00February 14th, 2019|2019, Global Edition – February 2019|

Indian business group LuLu, headquartered in Abu Dhabi, recently made its European entry with a hospitality deal in Zurich. The LuLu Group has announced its entry into mainland Europe with a new agreement with a Switzerland-based real estate company to develop a new four-star hotel in the Swiss city of Zurich. Twenty14 Holdings (T14H), the hospitality investment arm of Abu Dhabi based LuLu Group International, said that it has entered into a forward purchase contract with Necron AG for the upcoming IntercityHotel Zurich Airport [...]