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GIC looking to buy GVK Power’s stake in Indian Hotels joint venture, says report

Updated : July 18, 2019 09:53 AM IST

The move, the report said, comes as part of the sovereign investment vehicle’s plan to consolidate its position in the Indian real estate and hospitality space. 
GIC, that has some stake in the Tata Group-owned Indian Hotels, is likely to mandate the latter to run the firm, added the report.
GIC looking to buy GVK Power’s stake in Indian Hotels joint venture, says report

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