Joint ventures with Leighton International Limited and Multiplex Limited, for the project construction in India.

Joint venture with Turner Construction International LLC, to provide construction, program and project management services for our projects in India.

Joint ventures with Accor (for the development and operation of “Formule 1” budget category hotel) and Premium Travel Inn (for the development and operation of “Premier INN” midmarket category hotels).

We have also entered into a management agreement with SC Hotels & Resorts (India) Private Limited, part of the Intercontinental Hotels Group, pursuant to build and fit out a “Holiday Inn” branded hotel in Kolkata.

We have also entered into a management agreement with Intercontinental Hotels Group (India) Pvt. Ltd. to build and fit out a “Holiday Inn” branded hotel and convention centre in Dehradun to be managed and operated by Intercontinental Hotels Group (India) Pvt. Ltd.

We have entered into an operating agreement and a memorandum of understanding with Marriott Hotels India Private Limited (with respect to the development, operation and management of a hotel under the “Courtyard by Marriott” brand in Amritsar and a hotel under the “JW Marriott” brand in Kolkata)

Letter of intent signed with Four Seasons Hotels Limited (with respect to the development, operation and management of a hotel under the “Four Seasons” brand in Hyderabad.)

We have a memorandum of understanding with Dubai Aerospace Enterprise to explore potential areas of ico-operation and to identify and evaluate the design, construction, expansion, renovation, modernisation, commissioning, maintenance, operation, management and development of existing and new airports in India.