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India's Taj Hotels parent plans $592.5 million capex over five years, shares jump

By Yahoo! Finance   |   Nov 19, 2024 at 05:32 AM EST
India's Taj Hotels parent plans $592.5 million capex over five years, shares jump

Indian Hotels Co. Ltd (IHCL) plans to invest 50 billion rupees over five years to double hotel count and revenue. The company aims to have 700+ hotels and 150 billion rupees in revenue by 2030.

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