Bengaluru, Jan 24: Middle East based prestigious LuLu Group has come forward to invest $300 million in Karnataka in the retail, logistics and hospitality sectors.
As part of this, the first LuLu mall will commence operations in Bengaluru’s Rajajinagar area by August.
LuLu’s first mall in India, in Cochin, is seen as a huge success. It’s not clear how that mall is doing financially, but it became so popular that it had an adverse effect on almost every other mall in the city.
Lulu’s investment plan for Karnataka was communicated during a discussion between chief minister BS Yediyurappa and Yusuff Ali MA, chairman and managing director of Lulu Group, on the sidelines of the World Economic Forum in Davos.
The company will also set up two five-star hotels in Bengaluru through Twenty14 Holdings, its hospitality arm, and a modern logistics centre in the Uttara Kannada region.
Lulu Group’s retail initiative Tablez brought Toys `R’ Us, one of the world’s largest toy store chains, to Bengaluru in 2017. Started in the Phoenix Mall in Whitefield, it competes with Reliance-owned Hamleys.
Tablez has also brought in other international brands such as American ice cream parlour chain Cold Stone Creamery, South Africa based flame-grilled chicken concept Galito’s, and Tablez’ own brand Bloomsbury’s, a boutique cafe and bakery. It has also launched Spanish fashion brands Springfield and Women ’secret.
Comments
last week i heard one news regarding several mobiles found inside the jail?, in mangalore jail anything can happen.
this is the position of our police in india, they even cant save inmates in jail.
suicide in jail. funny!!!
would have given second chance to him.
i dont know what to comment on this but whatever happened we are happy in this case.
whatever happened should happen to everyone who rapes women.
may be he realized his mistake and punished himself.
shame on police department they cant even monitor jail inmates.
our constitution says: Is It Better That Ten Guilty Persons Go Free Than That One Innocent. this case must have some story of wrongfulness.
what will be the reason behind his suicide, may be he was wrongly inducted in this case.
Add new comment