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RAMESH RAMANATHAN
Sterling Resorts expands presence in KeralaCurrently Sterling, a 100 % independently managed subsidiary of Thomas Cook (India) Ltd. (TCIL) has 36 resorts in India.- Sterling Holidays appoints Ramesh Ramanathan as CMDCurrently, Ramesh Ramanathan is the managing director of the company, and will now lead the company as Chairman and Managing Director (CMD).
- Sterling Holiday Resorts to add up to 1,000 rooms by March 2020"We will add between 800 to 1,000 rooms by the end of fiscal year 2020 primarily through management contract model," Sterling Holiday Resor...
- Sterling Holiday plans to add 4-5 new properties in FY18These properties are likely to be in scenic locations of Wayanad in Kerala, Mount Abu in Rajasthan, Goa, Kanha and Bandhavgarh in Madhya Pr...
- Chennai-based Sterling Holiday acquires Nature Trails ResortsSterling Holiday said it has acquired Nature Trails Resorts, an adventure holiday company that operates resorts at 5 destinations within Ma...
- Thomas Cook-owned Sterling acquires Nature Trails ResortsThomas Cook-owned Sterling Holiday Resort has signed an agreement to acquire full stake in Mumbai-based adventure holiday company Nature Tr...
- Sterling Holidays to build a 3-star resort at Jalpaiguri Eco-tourism hubGajoldoba, a little-known destination on the bank of Teesta river in Jalpaiguri district, offers a clear view of Mount Kanchenjunga.
- Sterling Holiday Resorts to invest Rs 200 crore; developing 3 new resortsBillionaire investor Prem Watsa-held Thomas Cook would invest a total Rs 870 crore in Sterling, making its debut into the hospitality secto...
- Thomas Cook, Sterling merge to create India's biggest holiday firmThis will trigger an open offer under SEBI norms and TCIL will seek to buy up to 26 per cent in Sterling for Rs 230 crore.
- Thomas Cook may buy Sterling Holiday Resorts for Rs 852 croreThomas Cook is likely to pay Rs 125 per share, 36% premium to Sterling's price of Rs 98 a share, valuing the firm at Rs 852 crore.
- Private equity funds to buy stake in Janalakshmi Financial Services for Rs 350 croreA consortium of private equity (PE) funds will pick up a significant minority stake in Janalakshmi Financial Services for close to Rs 350 c...
- Janalakshmi Financial Services ties up with Manipal Global Education Services to train employeesBangalore-based microfinance institution Janalakshmi Financial Services announced a tie up with Manipal Global Education Services on Monday.
- Mohandas Pai, former Citibank executive Ramesh Ramanathan in race for licence to start a bankMohandas Pai and Ramesh Ramanathan will be part of the business groups throwing their hats in the ring for a licence to start a bank.
- India Emerging: The case for an equal marketFor India to fully measure up to its ideal, it is imperative that markets become truly accessible to the poor as entrepreneurs, workers and...
- Rupee, domestic issues to act as spoilers for MFIs' ECB plansThe microfinance industry is unlikely to get much respite from the recent RBI decision to increase external commercial borrowing (ECB) limi...
- Sterling Holidays to open 5 resorts soon; plans to go overseasLeisure hospitality firm Sterling Holiday Resorts is renovating its 17 existing resorts and plans to add five more properties over the next...
- Global warming due to cosmic ray inactivity: RaoIn a paper published by envt ministry, physicist & former chairman of the ISRO, UR Rao, has argued that decreasing cosmic ray activity, a n...
- Baffled Vedanta accuses panel member of bias; charge deniedVedanta accused Ramanathan of having links with Amnesty. It had earlier asked the Centre to withdraw her from the panel.
- After Nano car, now nano homes for Rs 3-5 lakhFor Rs 3 lakh, you can get a 250-sqft home at an EMI of Rs 3,000, and a 400-sqft home for about Rs 5 lakh.
- Club Mahindra to add 25 resorts by 2010Club Mahindra, the flagship brand of Mahindra Holidays and Resorts India Ltd (MHRI), on Monday said it plans to add at least 25 holiday res...
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