Tata Sons' Strategic Acquisition in Hospitality Sector

In a significant move to diversify its investment portfolio, Tata Sons, the holding company of the Tata Group, has acquired Leanluxe Hospitality, the developer behind the Ginger hotel in Kolkata, from Indian Hotels Company Limited (IHCL).

Expanding Direct Investments

This acquisition underscores Tata Sons' growing inclination towards direct investments in various business ventures, mirroring its recent engagements in Air India, Tejas Networks, Tata Electronics, and Agratas Energy Storage Solutions.

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