The Indian Hotels Company Ltd to acquire Pamodzi Hotels PLC in Zambia equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
On Monday, 1762 stocks advanced, 1937 declined and 156 remained unchanged, with an advance decline ratio of 0.90 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets. Profit taking in the banking, FMCG, metals, and oil & gas equities caused markets to struggle for the second consecutive session.
IHCL also announces the acquisition of Pamodzi Hotels PLC (presently a listed company in Zambia) from Tata International Singapore PTE for $ 15 million