IHCL inks pact to acquire balance 14.28% stake in ELELThe deal will make the company hundred per cent leasehold owner of the Sea Rock hotel site in Mumbai by the end of December, 2021.
21 Jul, 2020, 11.12 PM IST
Indian Hotels Company announces 100% acquisition of Sea Rock hotel siteIn November, 2019 IHCL's board of directors had approved the terms for the settlement to acquire the 14.28% shareholding. The payment will ...
21 Jul, 2020, 06.42 PM IST
IHCL to connect Taj Lands End and Sea Rock Hotel with bridgeThe bridge, which is intended as an exclusive skywalk for clients, will cover a distance of less than 2 km and stretch over the Arabian Sea.
13 Feb, 2018, 03.30 PM IST
Indian Hotels plans to raise Rs 1,000 croreIn a statement to the BSE on Aug 16, IHCL had stated that a meeting of the board of directors will be convened on Aug 21, for considering t...
21 Aug, 2017, 12.56 AM IST
Ratan Tata, Soonawala had flagged issues to Cyrus Mistry: Ex-director Krishna Kumar“Mr Tata and Mr Soonawala have been talking for one-and a-half years about their concern with his performance,” former director Krishna Kum...
16 Dec, 2016, 08.33 AM IST
Indian Hotels Company seeks shareholders approval to lend Rs 700 crore to subsidiaryThe loan will be used to repay the non-convertible debentures(NCDs) worth Rs 693 crore, issued by LEPPL in February 2013.
17 Dec, 2015, 06.52 PM IST
Taj to bring global assets under one entitySarna's top priority is to cut Taj's huge debt pile of Rs 4,300 crore through a series of measures, including the sale of its interest in B...
21 Apr, 2015, 11.04 AM IST
Five-year bear market in the hotel sector coming to an end; India Hotels top bet: JPMorganIHCL is the largest play on the hospitality sector in India, with an inventory of over 15,000 rooms, JPMorgan said in a report.
10 Apr, 2015, 10.33 AM IST
Indian Hotels board clears 80.1% stake acquisition in LEPPLPursuant to the foregoing, ELEL Hotels & Investments Ltd, the licensee of the erstwhile hotel Sea Rock site, will become a subsidiary of th...
09 Apr, 2015, 05.06 PM IST
Hotel Sea Rock's saga: Sapped the Luthria family that owned itHotel Sea Rock's saga has sapped the family that owned it but, at last, the chapter seems to be well and truly over.
31 Jul, 2014, 03.28 PM IST
- Not conspired with Maha CM for Sea Rock renovation: IHL
Indian Hotels denied allegations of connivance with former Maharashtra CM in procuring sanctions for reconstruction of Hotel Sea Rock in su...
06 Sep, 2012, 06.41 PM IST
- LK Advani shares dais with bootlegger: Congress
LK Advani’s Jan Chetna Yatra had yet another brush with controversy when he was found sharing the dais with an alleged bootlegger
08 Nov, 2011, 03.48 AM IST
- Indian Hotels shifts its investment in ELEL to a SPV
Tata group company Indian Hotels, which owns the Taj chain said that it has shifted its investment in ELEL, into an SPV.
26 Jan, 2010, 07.49 PM IST
- Indian Hotels gets majority stake in Sea Rock owner
Indian Hotels Company (IHCL) will acquire a controlling stake in closely-held Elel Hotels and Investments for Rs 680 crore.
13 Jun, 2009, 12.00 AM IST
- IHCL acquires Hotel Sea Rock for Rs 680cr
Indian Hotels Company will set up a hospitality landmark at the site including a world-class convention centre.
12 Jun, 2009, 09.15 PM IST
- Indian Hotels in talks to acquire Sea Rock
Indian Hotels Company (IHCL), owners of the Taj group of hotels, is in negotiations to acquire Mumbai’s Sea Rock hotel in a deal estimated ...
23 Apr, 2009, 12.00 AM IST
- Blast case: Memon aide held guilty
A designated Tada court on Thursday convicted Parvez Nazir Ahmed Shaikh, an aide of absconding prime accused Tiger Memon, for causing explo...
22 Sep, 2006, 03.29 AM IST