Reliance Industries acquired a strategic stake of 14.12% in EIH — the company that owns and runs Oberoi Hotels and Resorts — for Rs 1,021 crore, staving off a potential takeover threat that EIH faces from ITC.
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Reliance Industries acquired a strategic stake of 14.12% in EIH — the company that owns and runs Oberoi Hotels and Resorts — for Rs 1,021 crore, staving off a potential takeover threat that EIH faces from ITC.
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June 21st, 2011 at 2:23 am
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