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Upfront
Quinn Hotels to foray into India
Hospitality group Quinn Hotels has firmed up its foray into India post approval
of its FDI amounting to Rs 313.33 crore. Headquartered in Ireland, the hospitality
group will completely invest this amount in the country. A company spokesperson,
while declining to comment on the proposed investment, added, "The Quinn
group is active in the real estate market in India and the recent approval by
the government is part of its overall investment plan in the country. "
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