DLF ends exclusive sale negotiations with Amanresorts founderDLF has walked out of a pact to exclusively negotiate sale of its luxury hotel chain Amanresorts with Indonesian hotelier Adrian Zecha.
DLF raises Rs 750 crore through bonds issueAccording to sources, DLF raised the funds through issue of bonds with maturity period of five years with coupon rate of 12.5 per cent.
DLF reduces net debt by Rs 1,870 crore in October-December quarterIn the current quarter, DLF announced it will sell a part of its wind turbine business in Gujarat to Bharat Light & Power for Rs 282.30 cro...
DLF to focus on core business, to launch more projects in 2013-14Since last couple of years, DLF has been selling its non-core assets to reduce debt that stood at Rs 21,220 crore by middle of November, 20...
DLF to sell Amanresorts back to founder Adrian ZechaDLF, India's biggest real estate company, will sell super-luxury hotel chain Amanresorts back to its founder Adrian Zecha for $300 million.
DLF inks pact to sell Amanresorts for over Rs 1,600 crThe country's biggest realty firm will sell its luxury hotel chain in a deal that does not involve Amanresorts' flagship New Delhi hotel.
- Realty firm DLF likely to part sell wind biz to Bharat Light for Rs 700 crore
Realty firm DLF is likely to sell a substantial part of its wind energy business to Bharat Light & Power for about Rs 700 crore.
- DLF to raise up to Rs 3,000 crore by this fiscal-end
The company will launch three-four projects by March 2013, which would generate about Rs 15,000 crore sales realisation over the next three...
DLF may raise Rs 2,500 crore from Amanresort & wind energy business saleDLF expects to raise about Rs 2,500 cr from sale of its two non-core businesses, luxury hospitality chain Amanresorts and wind energy.
DLF in discussion to sell Amanresorts for $350 millionDLF is in advance stage of discussion to sell luxury hospitality business Amanresorts for around $350 million (about Rs 1,900 crore).
- DLF plans to lower debt to about Rs 17,000 cr this fiscal
DLF today said it plans to cut its Rs 23,000 cr debt to about Rs 17,000 cr in this fiscal and asserted that it was not unduly "perturbed" b...
- DLF in advance stage of talks to sell stake in Amanresorts
DLF, which plans to raise up to Rs 2,500 cr by selling its stake in luxury hospitality chain Amanresorts, is in advanced stage of talks wit...
- DLF hopes to reduce debt to Rs 10,000 cr in two years
The country's largest realty firm DLF expects to pare its debt burden of over Rs 22,500 crore to less than half in the next two years.
- DLF may exit Amanresorts to focus on properties
The company has also held preliminary talks with at least two Indian hotel chains, but a huge gap between the buyer and seller’s expectatio...
- DLF may exit Amanresorts; to focus on residential, office properties
DLF to focus on core areas of building homes, offices and shops, is planning various options to fully or partly exit from the international...
- DLF picks up majority in Amanresorts for $400 mn
Real estate major DLF has entered into an agreement to acquire a controlling stake in the Amanresorts group for $400 million.
- Amanresorts tops Zagat
The 2007-2008 Zagat Survey of the World's Top Hotels, Resorts and Spas -based on the experiences of 21,783 frequent travelers and 1,626 pro...