GIC, Tata's Hotel Unit Partner to Invest $600 Million in India
File photo of a man looking towards the Gateway of India (unseen) outside the Taj Mahal Palace and Tower Hotel in Mumbai, India. (Photographer: Prashanth Vishwanathan/Bloomberg )

GIC, Tata's Hotel Unit Partner to Invest $600 Million in India

(Bloomberg) -- Tata Group-controlled Indian Hotels Co. Ltd has joined hands with Singapore’s wealth fund, GIC Pte., to invest as much as $600 million over three years in buying hotels in India.
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