Investor should now accumulate Indian Hotel. It was going down because of Oriental Express Takeover bid. Now management has decided not to bid for the same. The new management appears worried about share prices and are taking corrective measures. I am now bullish on Indian Hotel.
12.33 PM Nov 11th
Source:The Hindu BusinessLine - Tata group firm Indian Hotels Company Ltd (IHCL) has decided to drop its $1.7-billion pursuit of US luxury hotel chain Orient-Express Hotels, after two unsuccessful attempts. “…after taking into account all factors, the current economic environment as also other
2.54 PM Nov 9th
Source:FirstPost - New Delhi: After two unsuccessful attempts,Tata group hospitality chain Indian Hotels Company Ltd (IHCL)today said it would not pursue its USD 1.86 billion bid toacquire the Bermuda-based Orient Express Hotels.On 18 October, 2012, the IHCL board had approved making anoffer
1.00 PM Nov 9th
Source:FirstPost - Tata Group owned-Indian Hotelshas decided to not go ahead with a hostile takeover of the NYSE-listed Orient Express for now.Bermuda-based Orient Express, agroup that owns and operates 50 luxury hotels, trains, cruises and restaurants worldwide,had rejected the take-over bid
12.15 PM Sep 13th
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