Ubs Lines Up Rs 200 Crore For Hotels Acquisition

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Parul Gupta BUSINESS STANDARD
Last Updated : Jan 28 2013 | 2:05 AM IST

United Business Solutions (UBS), a 20:80 joint venture between the Delhi-based Nanda family (not the promoter of Escorts) and Hamilton of Dubai which bought the Claridges chain of hotels recently, has prepared a war-chest of Rs 200 crore to acquire hotels in Mumbai and Bangalore.

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First Published: Jul 04 2003 | 12:00 AM IST

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