Tag: Tata Group

Indian Hotels to Seek Bigger Stake in Orient-Express.

Indian Hotels Co. (IH), the country’s biggest hotel operator, has restarted efforts to boost its stake in Orient-Express (OEH) Hotels Ltd., two people with knowledge of the matter said. The Mumbai-based company has approached Orient-Express about a deal, though discussions are at an early stage and may fail to lead to an agreement, the people said, declining […]

High response to India-focused PE has been observed

The Tata Group Company plans to raise $500 million for an India-focused private equity (PE) fund through its partnership with Mizuho Securities of Japan. Tata Capital announced last month that it will raise 1 billion Dollars from both the foreign and domestic investors by the end of next year. On the other hand, Mizuho Sec […]

High Rentals Hit Retail Expansion Plans

The expansion plans of retail companies have taken a hit due to the rising real estate rentals. Talking to media persons, K Dasaratharaman, president (specialty retail), Spencer Retail, the retail arm of the RPG group, maintained that the real estate prices are a critical aspect while choosing the location of new stores.” Dasaratharaman said that […]