Marigold Capital to check into Leela Palace ChennaiMarigold’s website states the company purchases and operates assets that have strong growth creating incremental value for its investors an...
05 Sep, 2017, 05.00 PM IST
America’s Marigold Capital may buy Leela Chennai“The deal with Marigold is in the documentation stage where the final agreement will be drafted,” said sources with direct knowledge.
02 Jun, 2017, 01.17 AM IST
Leela Hotel seeks shareholders' nod to sell Chennai,Delhi propertiesLocated at Adyar Sea Face in the city, the Leela Palace, Chennai has a capacity of 326 guest rooms while the Leela Palace, New Delhi has a ...
22 Aug, 2016, 05.07 PM IST
Leela Hotels' scion Amruda Nair in JV with Qatari Business Association to manage hotelsA top executive of the company said they had a directive to sell the assets in the next two weeks. But the company may miss this short dead...
27 Mar, 2015, 12.00 PM IST
Hotel Leelaventure to sell Goa, Chennai propertiesThe company plans to divest in select hotels while continuing to grow through managing and operating new hotels under The Leela brand.
02 Mar, 2015, 11.16 PM IST
UK’s Carnival Group offers to buy Leela Chennai for 850 croreLeela Venture's debt has risen sharply to around Rs 5k crore from less than Rs 1k crore a few years ago, forcing the company to sell some a...
22 Aug, 2014, 12.22 PM IST
Leela Group to sell Delhi, Chennai hotelsThe Leela chain, in which ITC Hotels holds 12 per cent stake, has been in the red for the past several quarters, hit by business slump and ...
21 Apr, 2014, 01.59 PM IST
Leela to sell 2 hotels for Rs 2000 crore to pare debtThe Leela chain, in which ITC Hotels holds 12% stake, has been in the red for the past several quarters, competition and demand-supply mism...
14 Feb, 2014, 12.16 PM IST
Reliance Industries in talks to buy Leela’s IT parkMukesh Ambani-controlled RIL is in the fray to acquire Hotel Leelaventure-promoted IT park in Chennai for Rs 172 crore, said people familia...
07 Nov, 2012, 06.19 AM IST
- Leela Palace to open sea-facing palace hotel in Chennai
The Mumbai-headquartered hotel chain would launch 'The Leela Palace Chennai', its 8th property in the country, spread across 6 acres.
18 Aug, 2012, 04.38 PM IST
- Hotel Leela mulls Rs 3,000-cr capex to develop five hotels
Hospitality major Hotel Leela Venture Limited will own, develop and operate five more luxury hotels with a total project cost of over Rs 3,...
13 Jan, 2010, 08.43 PM IST
- Leela Palaces to invest Rs 2,200 cr by next year
Hospitality player The Leela Palaces, Hotels and Resorts is planning to invest Rs 2,200 crore by the next year as part of the group's plan ...
11 Jul, 2009, 05.14 PM IST
- Leela group plans pan-India presence
Luxury hospitality player Leela Palaces, Hotels and Resorts has drawn up plans to open hotels in Chennai and New Delhi next year.
14 May, 2009, 04.57 PM IST
- Leela to launch three new hotels in 2009
The Leela Hotel Group has planned to launch three new hotels in 2009, its Chairman C P Krishnan Nair said.
01 Jan, 2009, 04.59 PM IST
- Leela Group to invest $500 mn in next 3 years
Hospitality major Leela Group will invest $500 million in the next three years for developing new luxury properties and upgrading the exist...
18 Apr, 2008, 08.52 PM IST
- Leela Ventures to now team up with Kempinski for global foray
Hospitality major Hotel Leela Ventures has now decided on co-branding with its long standing partner Kempinski.
04 Jan, 2007, 12.49 AM IST
- StanChart PE looks to acquire Leela group's textile firm
Standard Chartered Private Equity is in advanced stages of negotiations with the Leela group to acquire its textile company Leela Scottish ...
22 Sep, 2006, 01.42 AM IST