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Rising India Gets Board Approval for Corporate Initiatives [Food and Beverage Close - Up](Food and Beverage Close - Up Via Acquire Media NewsEdge) Rising India's Board of Directors has voted in favor of a number of initiatives toward building cumulative shareholder value and long- term growth for Rising India. According to a release from the Company, the Board has agreed to enter the $600+ billion dollars QSR (Quick Service Restaurant) Industry. The Company will be launching its new website to reflect the new business model. The website will be geared toward accessibility and transparency for shareholders. Also noted: RSII will begin working immediately to identify strategic partnerships, target acquisitions and seasoned additions to its executive team alongside a goal to drastically increase the Company's market cap over the next 12 months. "We are thrilled with the opportunities ahead," states CEO James DiPrima. "I am confident shareholders will be very pleased with our announcements forthcoming as we work diligently to secure a footing in an industry where consumers are spending roughly $1.7b per day." ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. [ Back To TMCnet.com's Homepage ] |