Tata group-owned IHCL announces Oriental Hotels merger

Indian Hotels Company Ltd will merge with Oriental Hotels Ltd through an all-stock transaction. The Boards of both companies have approved this significant Scheme of Arrangement. Oriental Hotels shareholders will receive 25 IHCL shares for every 117 OHL shares. This…

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Banks & legal eagles quietly revive foreign family office

Some large private banks and law firms are assisting Indian families with offshore family offices. These institutions are navigating regulatory interpretations regarding cross-border fund transfers. While regulations permit overseas investment in financial services, intent remains debated by experts. Banks are…

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