Courtesy: Hindu Business Line, dt. 20.02.09
Chennai, Feb. 19 Despite the slowdown, Country Club India Ltd will continue to invest in expanding its footprint. “Our Rs 1,000-crore expansion plans are still intact, and on track,” said Mr Y. Rajeev Reddy, Chairman and Managing Director of the company.
According to him, the company, in the last 18 months, has spent close to Rs 650 crore in development and acquisition of various properties, including a 100-room boutique hotel property in Dubai for Rs 175 crore.
For more details please click on following link
http://www.thehindubusinessline.com/2009/02/20/stories/2009022051111500.htm
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