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Omega to invest Rs 250 crore in Ginger Hotels’ Roots Corp

Omega TC Holdings Pte Ltd, a Singapore-based company, plans to acquire a minority stake in Roots Corporation, a 100% subsidiary of Indian Hotels Company. Indian Hotels is India’s most well known hotel brand, with its flagship Taj group of hotels and also runs hotel chains under other brands –Gateway and Vivanta- to name a few. About 7 years ago, it had started a budget hotel chain under the Ginger brand, which is run by Roots Corporation.

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