AZB and Khaitan advise on Reliance's $217m investment in Oberoi Hotels

August 31, 2010 AZB & Partners and Khaitan & Co have assisted Mukesh Ambani's Reliance Industries in its Rs 1020 crore ($217m) buy today of a 14.12 per cent stake in the Oberoi hotel and resort chain operator.

AZB & Partners co-founding partner Zia Mody is understood to have led for Reliance Industries on its investment.

Khaitan & Co partners Haigreve Khaitan and tax partners Daksha Baxi and Sanjay Sanghvi are understood to be leading the team for the Oberoi Hotels & Resorts parent EIH Limited.

Read more at www.legallyindia.com.

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