Moneycontrol PRO

business

Indian Hotels bids for Orient: May not pay-off in near-term

There are many ways to read the Indian Hotels deal. I can't say that I have gone into the nitty-gritty of it, but it is a very strategic call for Tata. The Tata Group often make acquisitions, which don‘t make too much financial sense in the near term, but make a lot of strategic sense.

first published: Oct 19, 2012 11:07 am

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