The board of directors of NEPC India, which met on December 7, 2006, approved a proposal for the construction of hotels at prominent locations in Chennai, Coimbatore and Tirupur in Tamil Nadu.
According to a release issued by NEPC to the BSE today, the meeting also approved the name of All Seasons Hotels for the new business line of hotel chain.
The company is also planning to enter into foreign collaboration, contract/agency agreement for the hotel chain, the release added.
The board also approved a plan to launch the pilot batch of the new product Power House In-House in Delhi, Rajasthan, Uttar Pradesh, Madhya Pradesh, Punjab and Haryana from January 15, 2007.
Source: Bussiness Standard
Friday, December 08, 2006
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