Date:21/10/2008 URL: http://www.thehindu.com/2008/10/21/stories/2008102156041600.htm

Business

Indian Hotels’ investment plan

MUMBAI: Tata Group firm Indian Hotels plans to go ahead with its Rs. 500-crore investment programme over the next two years despite a possible slowdown in the hospitality sector, Managing Director Raymond N Bickson told reporters here. The company would be opening two new hotels in Bangalore and Chennai.