Friday 30 October 2015

Hyatt Culinary Challenge To Spark a Corporate Fiesta

After introducing the "Hyatt Culinary Challenge - people cooking for people" in 2014, the hotel chain is back with the 2015 edition of the event that seeks celebrating Hyatt’s rich oriental heritage. This year, it will cut across 10 Hyatt destinations in India, commencing October 31.

Conceptualised as a platform for corporates to come together and showcase their culinary talent, the Challenge sees each participant paired up with a child from the SMILE foundation—Hyatt’s partner NGO in India—and together they will put up their version of a well-known recipe. One winner from each of the 10 competing cities will be picked by an illustrious judges’ panel for a final face-off in the grand finale in Mumbai in November 2015.

The preliminary rounds will take place across Hyatt Hotels in Ahmedabad (Hyatt Regency Ahmedabad), Amritsar (Hyatt Amritsar), Bangalore (Hyatt Bangalore), Chennai (Park Hyatt Chennai), Delhi (Hyatt Regency Delhi), Goa (Grand Hyatt Goa), Hyderabad (Hyatt Hyderabad), Kolkata (Hyatt Regency Kolkata), Mumbai (Hyatt Regency Mumbai), and Pune (Hyatt Regency Pune) on October 31 and November 1, 2015. The pre-event proceedings will be covered digitally as one participant from each city makes it to the preliminary stage.

According to Vikram Singh Verma, COO, SMILE Foundation, "In order to bring some real and permanent changes in the lives of the most deserving children across India, members of the civil society need to be involved proactively in the process of development. We are overwhelmed by the support from Hyatt India and hope for continued collaboration in the future to see lasting impact in the uplift of our local communities."



Speaking on the occasion, Harleen Mehta, Vice President Sales Operations, Hyatt South Asia, said, "The Hyatt Culinary Challenge is an endeavour to bring together people to celebrate their passion for food and make a difference to the community while doing so. We are delighted with the overwhelming response from the participants both offline and online, and look forward to doing more such events over the years."

About Hyatt Group of Hotels

Headquartered in Chicago, Hyatt Hotels Corporation is one of the world’s leading hospitality establishments with presence across six continents. Five of its portfolio hotels in India—Hyatt Ahmedabad, Amritsar, Pune, Bangalore, and Hyderabad—are operated by the UK-based private equity and investment firm C&C Alpha Group where entrepreneur Bhanu Choudhrie is an Executive Director and promoter. The Group is known for investing in real estate, hospitality, healthcare, Aviation, and utilities and made news recently after its UK hospital chain, Alpha Hospitals, was sold off for a landmark £ 95m as C&C Alpha looks up to India for its investment initiatives.

Thursday 15 October 2015

Steady Atlantic Coast Financial Gets Buy Rating

A steady stock with a positive outlook set rating agency Zacks to upgrade the stock assessment for Atlantic Coast Financial Corp (NASDAQ:ACFC) from a hold rating to a buy rating.  This comes after another stock analyst, The Street, upheld it from a sell to a hold rating in July.  The firm currently has $6.50 price objective on the stock.

According to Zacks, “Atlantic Coast Financial Corporation, formerly known as Atlantic Coast Federal Corporation, operates as a savings bank through its subsidiary Atlantic Coast Bank, a federally chartered and insured savings bank serving north-eastern Florida and south-eastern Georgia markets. The products offered by the bank includes checking accounts, savings accounts, money market accounts, demand deposit accounts, time deposit accounts, certificates of deposit, family residential first and second mortgage loans, home-equity loans, commercial real estate loans, commercial and residential construction loans, land and multi-family real estate loans, commercial business loans, and automobile and other consumer loans. Atlantic Coast Financial Corporation is based in Waycross, Georgia. “



In another piece of news related to ACFC, CEO John Kenneth Jr. Stephens after acquiring 10,000 shares of the stock in August at an average price of $6.20 per share valued at $190,278 became a leading stakeholder in the holding company. 

ACFC has been attracting brokerages as it continues its upward mobility on NASDAQ.  Other than The Street and Zacks, FBR & Co. had raised their price target on ACFC shares from $5.50 to $6.50 back in July.

About Atlantic Coast Financial

Atlantic Coast Financial Corporation is an publicly traded bank holding company headquartered in Jacksonville, Florida (a Maryland corporation) and listed on the NASDAQ Stock Market (NASDAQ: ACFC), which wholly owns Atlantic Coast Bank. Atlantic Coast Bank's services are focused primarily on Personal Banking and Business Banking in the Northeast Florida and Southeast Georgia regions.

In its May 2015 AGM, the Bank re-elected two directors for three-year terms: Bhanu Choudhrie, Executive Director of C&C Alpha Group Ltd, a London-based private equity group; and James D. Hogan, retired Chief Risk Officer of the Company and the Bank.

Atlantic Coast Financial Gets Buy Rating From Zacks

A defiant stock with progressive sentiments has made rating agency Zacks scale up the stock assessment for Coast Financial Corp (NASDAQ:ACFC) from a hold rating to a buy rating. This comes after The Street had reviewed the stock in July and upgraded it from a sell to a hold rating. The firm currently has $6.50 price objective on the stock.

According to Zacks, “Atlantic Coast Financial Corporation, formerly known as Atlantic Coast Federal Corporation, operates as a savings bank through its subsidiary Atlantic Coast Bank, a federally chartered and insured savings bank serving north-eastern Florida and south-eastern Georgia markets. The products offered by the bank includes checking accounts, savings accounts, money market accounts, demand deposit accounts, time deposit accounts, certificates of deposit, family residential first and second mortgage loans, home-equity loans, commercial real estate loans, commercial and residential construction loans, land and multi-family real estate loans, commercial business loans, and automobile and other consumer loans. Atlantic Coast Financial Corporation is based in Waycross, Georgia.“



In another piece of related news, ACFC CEO John Kenneth Jr. Stephens acquired 10,000 shares of the stock in August at an average price of $6.20 per share, at accrued costs of $62,000.00. That makes him among the topmost stakeholders of the company’s stock with 30,690 shares valued at nearly $190,278.

ACFC has been attracting brokerages as it has continued its upward mobility on NASDAQ.  Other than The Street and Zacks, FBR & Co. had raised their price target on ACFC shares from $5.50 to $6.50 back in July.

About Atlantic Coast Financial

Atlantic Coast Financial Corporation is an publicly traded bank holding company headquartered in Jacksonville, Florida (a Maryland corporation) and listed on the NASDAQ Stock Market (NASDAQ: ACFC), which wholly owns Atlantic Coast Bank. Atlantic Coast Bank's services are focused primarily on Personal Banking and Business Banking in the Northeast Florida and Southeast Georgia regions.

In its May 2015 AGM, the Bank re-elected two directors for three-year terms: Bhanu Choudhrie, Executive Director of C&C Alpha Group Ltd, a London-based private equity group; and James D. Hogan, retired Chief Risk Officer of the Company and the Bank.

Tuesday 6 October 2015

C&C Alpha Marks India Out for its Upcoming Investments

With a landmark £95m sale of its London hospital chain Alpha Hospitals to Cygnet Healthcare, international private equity firm C&C Alpha Group (CCAG) has marked out India for its next set of investments.

"We will now be looking for new investment opportunities in healthcare and other speciality services in India, which provide a big investment opportunity. The group plans to invest about Rs 1,500 crore in the healthcare and hospitality sectors over the next three to five year horizon in India," said CCAG’s executive director, Bhanu Choudhrie.




CCAG has a subsidiary presence in India through the wholly owned group, Shanti Hospitality which markets, promotes, and manages brands such as Hyatt Hotels, Ananda in the Himalayas (managed by IHHR), Amritara Resorts and Nidra Hotels. CCAG is now looking to foster its Indian presence through pan-India strategic business partnerships, mergers and associations.

"In hospitality, we have already planned to add about 1,800 rooms in India under three brands - Hyatt, Four Points and Aloft Hotels - to take our total strength to about 3,000 rooms. In addition to this, the C&C Alpha Group is also building a 200-beds super specialty hospital in South Delhi, for which we have already acquired the land", said Choudhrie. 

As an international private equity firm, CCAG has a reputation for incubating businesses through investments in healthcare, hospitality, real estate, aviation, utilities and agriculture sectors by taking a mid-to-long term view of its investments.

The firm promotes stakeholder value creation for its portfolio companies through strategic collaborations with entrepreneurs, strategy consultants, project managers, and financial analysts for organic growth and strategic partnerships, and its investment cycle that typically involves investing £2-40 million per transaction.

Headquartered in London, CCAG has running offices in India. Before the sell-off, its hospital subsidiary Alpha Hospitals was the largest purveyor of behavioural care services for adults and adolescents in the entire England.

C&C Alpha Group Seeks India For Private Equity Investments

After grabbing headlines for the £95m sale of its London hospital chain Alpha Hospitals to Cygnet Healthcare, international private equity firm C&C Alpha Group (CCAG) has positioned India as its next big investment route.

"We will now be looking for new investment opportunities in healthcare and other speciality services in India, which provide a big investment opportunity. The group plans to invest about Rs 1,500 crore in the healthcare and hospitality sectors over the next three to five year period in India," said CCAG executive director, Bhanu Choudhrie.




CCAG is known in India by its subsidiary, Shanti Hospitality, which markets, promotes, and manages brands such as Hyatt Hotels, Ananda in the Himalayas (managed by IHHR), Amritara Resorts and Nidra Hotels.  Now, the group is looking to expand its India operations through multi-dimensional partnerships and associations.

"In hospitality, we have already planned to add about 1,800 rooms in India under three brands - Hyatt, Four Points and Aloft Hotels - to take our total strength to about 3,000 rooms. In addition to this, the C&C Alpha Group is also building a 200-beds super specialty hospital in South Delhi, for which we have already acquired the land", said Choudhrie. 

As a private equity firm, CCAG is known for incubating businesses through investments in healthcare, hospitality, real estate, aviation, utilities and agriculture sectors by taking a mid-to-long term view of its investments.

The firm promotes stakeholder value creation for its portfolio companies through strategic collaborations with entrepreneurs, strategy consultants, project managers, and financial analysts for organic growth and strategic partnerships, and its investment cycle that typically involves investing £2-40 million per transaction.

Headquartered in London, the group has ground offices in India. Before the sell-off, its hospital subsidiary Alpha Hospitals was the largest purveyor of behavioural care services for adults and adolescents in the entire England.

Saturday 3 October 2015

C&C Alpha Group Marks Out India for Investments Worth Rs 1,500 Crore

After making news with the sale of its London hospital chain, Alpha Hospitals, to Cygnet Healthcare for £95m, international private equity firm C&C Alpha Group (CCAG) has held India as the next investment avenue.

"We will now be looking for new investment opportunities in healthcare and other speciality services in India, which provide a big investment opportunity. The group plans to invest about Rs 1,500 crore in the healthcare and hospitality sectors over the next 3 to 5 year horizon in India," said CCAG promoter and executive director, Bhanu Choudhrie.

CCAG operates in India through a wholly owned subsidiary, Shanti Hospitality, which markets, promotes, and manages brands like Hyatt Hotels, Ananda in the Himalayas (managed by IHHR), Amritara Resorts and Nidra Hotels. The group is now looking to expand its Indian presence through new partnerships and pan-India associations.

"In hospitality, we have already planned to add about 1,800 rooms in India under three brands - Hyatt, Four Points and Aloft Hotels - to take our total strength to about 3,000 rooms. In addition to this, the C&C Alpha Group is also building a 200-beds super specialty hospital in South Delhi, for which we have already acquired the land", said Choudhrie.  




CCAG is known as a global private equity firm that incubates and invests in businesses in healthcare, hospitality, real estate, aviation, utilities and agriculture sectors by taking a mid-to-long term view of its investments. The firm promotes stakeholder value creation for its portfolio companies through strategic collaborations with entrepreneurs, strategy consultants, project managers, and financial analysts for organic growth and strategic partnerships, and its investment cycle that typically involves investing £2-40 million per transaction.

Headquartered in London, the group has parallel offices in India. Its hospital subsidiary, Alpha Hospitals was the largest purveyor of behavioural care services for adults and adolescents in the entire England.

C&C Alpha Looks At India for Investments Worth Rs. 1, 500 Crore

After closing the £95m sale of its Alpha Hospitals to Cygnet Healthcare, international private equity firm C&C Alpha Group (CCAG) has announced it would be investing in India’s healthcare and hospitality sectors.

"We will now be looking for new investment opportunities in healthcare and other speciality services in India, which provide a big investment opportunity. The Group plans to invest about Rs 1,500 crore in the healthcare and hospitality sectors over the next 3 to 5 year horizon in India," said CCAG promoter and executive director, Bhanu Choudhrie.




CCAG, which has a pan-Indian presence through its wholly owned subsidiary Shanti Hospitality which promotes and manages brands like Hyatt Hotels, Ananda in the Himalayas (managed by IHHR), Amritara Resorts and Nidra Hotels in India, will look to build on it by forging new strategic partnerships and business associations.
"In hospitality, we have already planned to add about 1,800 rooms in India under three brands - Hyatt, Four Points and Aloft Hotels - to take our total strength to about 3,000 rooms. In addition to this, the C&C Alpha Group is also building a 200-beds super specialty hospital in South Delhi, for which we have already acquired the land", said Choudhrie. 

As a global private equity firm, CCAG incubates businesses in healthcare, hospitality, real estate, aviation, utilities and agriculture sectors by taking a mid-to-long term view of its investments. The firm builds stakeholder value for its portfolio companies by collaborating with entrepreneurs, strategy consultants, project managers, and financial analysts for organic growth and strategic partnerships, and has an investment cycle that typically involves investing £2-40 million per transaction.

Headquartered in London, the group has its offices in India and its subsidiary Alpha Hospitals was the largest purveyor of behavioural care services for adults and adolescents in England.