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CITING LEELA HOTELS
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunitiesDipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging ...- Iran war impact on travel: How Jefferies is tweaking its hotel, airline stock portfolioJefferies has turned cautious on India’s travel sector as the Iran–Middle East war hurts international traffic, lifts fuel costs and weaken...
- Brookfield lines up $12 bn for green energy in Andhra as it eyes $100 bn India expansion by 2030Brookfield Asset Management will invest twelve billion dollars in Andhra Pradesh's renewable energy sector over the next three years. This ...
- Liquidity driving market; overweight on hotels, real estate & REIT: Venkatesh BalasubramaniamJM Financial favors real estate stocks like DLF and REITs, anticipating interest rate declines to boost REIT yields. They are also overweig...
- Luxury room rates hit the roof ahead of Anant Ambani's weddingAnant Ambani’s wedding at Jio World Convention Centre spikes Mumbai luxury hotels' demand from July 11-17. Rates hit Rs 5 lakh at Four Seas...
- Boardroom Leela: Why are ITC and Hotel Leela at loggerheads?The battle between the two has been raging for the last five years and, of course, Hotel Leelaventure Limited (HLV) has contested claims ma...
- Hotel Leela Venture challenges ITC's shareholder oppression claimsITC is opposing that sale transaction claiming it was to the detriment of minority shareholders. The cigarettes-to-FMCG conglomerate owns a...
- Leela assets sale deal may go the Jet way, fear stakeholdersAround 86% shareholders in favour of deal, over 70% institutional and non-institutional shareholders supported it.
- Sebi puts Leela-Brookfield deal on holdIndia’s largest life insurer holds 2.38 per cent in Leela.
- ITC moves NCLT seeking to cancel Leela sale; hearing on June 18ITC is seeking a waiver of the 10 percent minimum shareholding requirement to file a petition alleging oppression and mismanagement.
- Race to acquire two hotels of Leelaventure Ltd begins againThe assets are under the control of JM Financial Asset Reconstruction Co, which acquired Leelaventure’s debt two years ago when the company...
- Drop in Russian tourists prompts 5-star hotels to woo Indian travelers with lucrative packagesRussia’s decision to strike India off its safe travel destinations list has forced hoteliers in Goa to tweak their business plans for the o...
- Tourism Minister for extending loan repayment schedule for hotelsTourism Secretary Lalit K Panwar said the company is facing financial problems and deserves to be supported to help it come out of the crun...
- Sunanda Pushkar case: Cops say three witnesses lyingMetropolitan magistrate Sunil Kumar Sharma issued summons to the three men saying "all the three suspects to be present in court on May 20".
- Uber rape case: Tourism on tenterhooks as foreign advisories flood inTourism and ancillary businesses are the first to be hit anytime women’s safety is under question.
- Sunanda Pushkar, wife of Union minister Shashi Tharoor, found dead in Delhi hotelPushkar's body was found in room number 345 of the Leela Palace Hotel Chanakyapuri area at around 8:30 pm by her husband.
- Hotel occupancies dip 30% in Apr-May as cos cut travelA cut in corporate travel, both domestic and international, could likely result in one of the worst quarters for the hotel industry, as mos...
- Hotels on high alert, plan safety checksWith the outbreak of swine flu in a few countries, hotel majors in India are taking no chances.
- Premium hotels slash tariffs by 15% morePremium hotel chains across the country have cut prices by another 15% to lure customers as the global credit crunch continues.
- Goa to allow five off-shore casinosThe Goa government will allow five off-shore casinos, including the existing one, to operate in the state.
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