First glitzy mall in India attracts enough shoppers to jam crossroads

Article Abstract:

India's first world-class shopping mall opened Aug 29, 1999 amidst monstrous crowds and big traffic jams. Crossroads consists of two department stores, 50 designer shops, a recreation arcade and a food court on top of 120,000 sq ft of prime land in Bombay, India. The mall is owned by the Piramal family, which also owns pharmaceutical and textile businesses. The Piramals' decision to acquire the Indian unit of Roche in 1993 paved the way for the family to own the lot where Crossroads stands. The heart of the mall is Piramyd, a department store catering to the middle-class.

Organizational history, Stores in Shopping Centers, All Other Miscellaneous Store Retailers, Retail trade, Retail stores, Shopping centers, Bombay, India

---

Li plans costly redevelopment of Holiday Inn in Beijing

Article Abstract:

The Holiday Inn Lido Beijing is set to undergo another costly renovation, after having been refurbished only recently. Developer Li Ka-shing, owner of Cheung Kong (Holdings) Ltd. which bought the hotel, plans to build twin residential towers on the 1.16 million-square-foot site, which is strategically located between the airport and Beijing's commercial district. Renovation of the hotel complex, which has 1,000 rooms, 320 apartments, restaurants, offices, clubs and a bowling alley, is said to cost as much as its purchase price.

Subdividers and developers, not elsewhere classified, Industrial Real Estate Developers, Land Subdivision and Land Development, Hotel & Motel Buildings, Multifamily Housing Construction, Residential construction, not elsewhere classified, Planning, Real estate developers, Hotel construction, Hotels and motels, Remodeling and renovation, Li Ka-shing, Cheung Kong Holdings Ltd., Beijing, China

---

Diet-drink dispute in India

Article Abstract:

The diet-cola war between rivals Coca-Cola Co and PepsiCo Inc in India has escalated to include charges of government lobbying. PepsiCo, which came out with Diet Pepsi on May 29, 1999, has accused Coca-Cola of bringing an old Indian law into the government's attention in an effort to delay Pepsi's initiative. The law, which the Indian Health Ministry intends to enforce, requires all carbonated beverages to contain a minimum of 5% sucrose.

Soft Drink Manufacturing, Government regulation, Market share, Bottled Diet Colas, Canned Diet Colas, Foreign operations, Laws, regulations and rules, Soft drinks, Coca-Cola Co. (Atlanta, Georgia), Soft drink industry, Competitions, PepsiCo Inc., Carbonated beverages, Diet colas

Similar abstracts:

• Abstracts: A market gem of a listing. Seagram awaits Foster's arrival. Overhaul for Mac masterwork
• Abstracts: Drinks all round. Pulp fiction: high newspaper prices mean little to Korean producers. Interior motives: architect ushers plants and light into Seoul's concrete jungle
• Abstracts: Car trouble: India's car-parts makers will have to shape up. So far so good
• Abstracts: N parallel queueing systems with server breakdown and repair. A Bayesian failure model based on isotropic deterioration
• Abstracts: Hotels are still suffering; higher occupancy isn't translating into profits. Singapore's CDL, Saudi prince to take control of Plaza Hotel from Trump

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.