Followers

Friday, December 19, 2025

Reddys to buy out IHCL’s stake in Taj GVK Hotels

GVK Reddy's daughter, Shalini Bhupal, is set to acquire Indian Hotels' 25.5% stake in Taj GVK Hotels & Resorts for Rs 592 crore, becoming the largest shareholder. This move increases the GVK Reddy family's stake to approximately 75%, while Indian Hotels will continue to manage the hotel portfolio under long-term contracts.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/GFpf2Uy

No comments:

Post a Comment

Hello Kitty's spy drama lands in hot water: What went wrong with Sanrio in China

Sanrio has come under fire in China for its collaboration with the Japanese drama VIVANT, which many viewers found offensive. The show's...