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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.