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Oberoi Trident
The Oberoi and Trident are two brands of five star hotels operated and sometimes owned by the Oberoi Hotels & Resorts located in several cities in India and across the world. When located together in a single complex, they are collectively called Oberoi Trident.
Oberoi Hotels & Resorts and Trident Hotels at Mumbai are located at Nariman Point and are separately known as The Oberoi Mumbai and Trident, Nariman Point. They are both owned and managed by the Oberoi Hotels & Resorts. The two hotels are separate buildings, but are connected by a passage.
The hotels were initially known as Oberoi Towers/Oberoi Sheraton. The hotel was named as the Hilton Towers during the marketing alliance between Hilton Hotels Corporation and the Oberoi Hotels & Resorts which lasted from 2004 until April . In April 2008, the hotel was again renamed to Trident Towers.〔(Hilton Mumbai to be named Trident Towers )〕
== Ownership ==
The Oberoi Family headed by its patriarch, Mr. P.R.S. Oberoi is the majority shareholder in EIH Ltd with 32.11% stake. Cigarettes to Hotels conglomerate, ITC Limited owns approximately 14.98% stake in EIH Ltd. To ward off pressures from ITC Ltd. whose ownership stands precariously close to the automatic open offer trigger at 15%, the Oberoi family divested 14.12% stake in EIH Ltd. to Mukesh Ambani led Reliance Industries Investment and Holding Pvt Ltd. The stake sale happened on August 30, 2010 for Rs. 1,021 cores valuing EIH Ltd. at an enterprise value of Rs. 7,200 crores. Recently the stake of reliance further raised from itc and it stood at 20% overall for Reliance industries.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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