IHCL exits Taj GVK after selling 25.52% stake
The Indian Hotels Company announced on Tuesday that it has sold its entire shareholding in Taj GVK Hotels & Resorts, formally ending its ownership relationship with the company. In a stock exchange filing, the now former Taj-owners said it has sold 1.6 crore shares, representing a 25.52% stake in Taj GVK, to Shalini Bhupal at