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 Investment bank Credit Suisse is picking up a 15 per cent stake in Apeejay group’s Park Hotels. The deal is estimated at Rs 201.35 crore ($50 million), according to sources close to the development. Park Hotels plans to build eight new hotels and create a pan-India presence with the infusion of capital, according to sources in the company. Read the full story...click here | Daily Extras! Eclat Me | Success Tip of the Day| 1DailyDiversion| Eclat Web - Must Visit Websites! A Beautiful Pic Every Day! Word of the Day| Quotation of the Day| Make Money! Immigration News! Desire- WOW Stuff! Stock Mkt Updates |
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