Goldman Invests $40 Million in Indian Hotel Chain

Goldman Sachs, through an affiliate, has invested $40 million as equity in Vatika Hotels, a hospitality venture of the realty firm Vatika Group. Gurgaon-based Vatika Group did not disclose the equity stake. The Siasat Daily reports that when contacted, Vatika Group president (Hospitality) Vineet Taing said, "We have received investment...

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