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Economy

We are setting up a team to analyse acquisition possibilities, says Indian Hotels CEO Puneet Chhatwal

Updated : May 20, 2019 06:44 PM IST

Tata Group-controlled company joined hands with GIC to acquire fully operational hotels in India.
Double-digit internal rate of return on equity for investments in India expected.
The company is on a drive to reduce debt, eyes robust margin expansion.
We are setting up a team to analyse acquisition possibilities, says Indian Hotels CEO Puneet Chhatwal
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