Covid-hit IHCL may raise equity - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Covid-hit IHCL may raise equity

Indian Hotels Company (IHCL), which runs the Taj chain, may consider raising equity to help it deal with the impact of the coronavirus that brought room occupancies down to 38% in April this year. The last time IHCL raised equity was in 2017 in the form of a rights issuance.

from Stocks-Markets-Economic Times
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