Published on 23/Dec/2014 05:36 PM | Source: Reuters

Vatika Hotels says Goldman Sachs invests $40 mln in company

Posted in Stock Market|

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NEW DELHI - Goldman Sachs  has made an equity investment of 2.55 billion rupees ($40 million) in Vatika Hotels, the hospitality company said on Tuesday.

Vatika Hotels, part of Delhi-based real estate developer Vatika Group, said it received the investment from an affiliate of the New York-based investment bank.

($1 = 63.3400 rupees)

(Reporting by Aditi Shah; Editing by Subhranshu Sahu)