India: Carnation Hospitality to invest Rs 250 crore in 5 years | indiatimes.com

Carnation Hospitality will invest Rs 250 crore over the next five years to expand its bouquet of food and beverage brands, said a top company executive. The company recently acquired rights to operate certain F&B outlets at metro stations in Delhi. "This space is interesting as it generates huge footfalls for the brands," said Sanjay Chhabra, managing director of Carnation Hospitality, which is the wholly-owned subsidiary of consumer...