Financial Daily
from THE HINDU group of publications
Friday, December 15, 2000
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Financial Daily from THE HINDU group of publications Friday, December 15, 2000 |
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Indian Hotels: Seeking a US skyline
THE indication that Indian Hotels would make a bid for the New York-based Carlysle may be viewed favourably. Though the process is some way away from being completed, the acquisition, if it fructifies, could provide visibility and have spin-off effects.
But any uptrend linked to this development in the short term does not appear likely till the process takes a concrete shape. -- BL Research Bureau
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