Profit

RIL plans to raise its stake in East India Hotels

PUBLISHED ON: September 8, 2010 | Duration: 2 min, 08 sec

  
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Reliance Industries chairman Mukesh Ambani took everyone by surprise on August 30 when RIL announced that they are acquiring 14.2 per cent stake from promoters of East India Hotels Ltd, the owners of Oberoi and Trident chain of five star properties.
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