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Ratan Tata's move to reduce FII limits in Indian Hotels will help him keep control of the company in more ways than one. Could Indian hotels be a potential target for a hostile take over? Is India’s flagship hotel company under threat? Chairman of Indian Hotels Ratan Tata has raised concerns over the likelihood of unknown shareholders standing behind FII. This has prompted the company to propose a reduction in FII limit from 40 to 30%. While this move has no immediate impact on the stock since the current FII holding in Indian hotels is just 23.49% The question being raised is what could be Ratan Tata's concerns? Could Indian hotels be a target for a hostile take over? Know more> | 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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