Q1 2020 MENA Outlook Extended Outline MENA-India: Strategically driven, historically bound

LvYue Hotel Management, the strategic investment arm of Ctrip Group, is the latest Chinese company vying for a pie of the Indian hospitality market. Earlier this year, the company incorporated its India unit LvYue Hotel Management (India) Pvt Ltd, which is operating out of DLF Cyber City in Gurgaon.

NEW DELHI - Two of China's biggest automakers -- SAIC Motor Corporation Limited and Great Wall Motors Company Limited are reportedly in talks with General Motors Company to acquire the Detroit carmaker's last remaining factory in India's south-western state of Maharashtra.

Ctrip announced the completion of its share exchange transaction with Naspers Limited through an SEC filing on September 3.

Ethiopian Airlines has launched a passenger flight to Bengaluru, India on 27 October 2019.

M&A Report (October 2019)

Srikrishna Group, a Hubballi, India-based dairy products maker, has mandated EY for the sale of a controlling stake in flagship brands Srikrishna Milks and Hangyo Ice Creams, two sources familiar with the matter said.

The Seychelles Tourism Board successfully conducted a three-city roadshow in the cities of Chennai in the state of Tamil Nadu, Ahmedabad in the State of Gujarat and the capital city of India; Delhi from Monday, September 16 to Friday, September 20, 2019.

The Government of Karnataka, Department of Tourism, and Karnataka Tourism Society Skål Club, along with the Karnataka Golf Association, and Taj and Murya hotels – the Hospitality Partners for the event, played host to the inaugural edition of the Karnataka International Travel Expo (KITE) held in Bangalore city in India.

Indian Luxmi Tea factory has opened its branches in Karongi district, Western Province with the capacity to produce 1,000,000Kg of dry tea, annually.