Sunday, December 20, 2009

SA's News Cafe makes India foray, to invest Rs 100 cr (USD 20 Million)


New Delhi, Dec 20: South African premium cocktail- bar chain News Cafe plans to invest up to Rs 100 crore over the next five years to expand operations in India.
The company, which ventured into India last week under a franchise agreement with Hyderabad-based, Numbers Only Hospitality, said it plans to open 20 outlets across India in the next five years.


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