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Lemon Tree Hotels will divest 49% stake in 2 years

Most of the hotels in the country, including the Indian ones that traditionally owned assets, have embarked upon an asset light model for a faster growth and quicker returns.Lemon Tree is likely to......

Berggruen plans 38 hotels in India

Berggruen Hotels, promoted by US investment firm Berggruen Holdings, on Tuesday said it will invest Rs 1,100 crore (Rs 11 billion) over the next five years to build 38 'Keys' brand budget hotels......

Berggruen plans 38 budget hotels in India

New York-based Berggruen Holdings' Indian hospitality venture Berggruen Hotels on Monday announced plans to set up 38 budget hotels over the next five years at an investment of $100 million. "We......

Berggruen to invest $100 mn in hotel chain

Berggruen Holdings India, a subsidiary of New York-based investment company Berggruen Holdings, has announced that it is seed-funding a non-luxury hotel chain in India.The company is prepared to......

Investors home in on mobile payment firms

Investments by private equity and venture capital firms into the mobile payment solutions segment in India have seen a notable growth in the recent past. Going forward, this is expected to go up......

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Berggruen Holdings

News for Berggruen Holdings

Lemon Tree Hotels will divest 49% stake in 2 years

Berggruen plans 38 hotels in India

Berggruen plans 38 budget hotels in India

Berggruen to invest $100 mn in hotel chain

Investors home in on mobile payment firms

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