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VICEROY BANGALORE HOTELS
Edelweiss Alternative Asset Management to sell up to 20% stake for Rs 1,500-2,000 croreThe company added that this minority stake sale will enable debt reduction and establish the market value of the business per their longsta...
DS Group plans Rs 1000 crore push in hospitalityThe DS Group, a multi-business and FMCG corporation, plans to invest Rs 500 crore in adding three new hotels to its portfolio over the next...
Nod to DS Group offer for Viceroy Bangalore HotelsThe hospitality company owns the Marriott-managed five-star Renaissance Bengaluru Race Course Hotel, and has around ₹1,100 crore of unpaid ...
Dharampal Satyapal Group wins bid for Viceroy Bangalore HotelsDharampal Satyapal Group has won the bid for Viceroy Bangalore Hotels, which owns the Marriott-managed five-star Renaissance Bengaluru Race...
Dharampal Satyapal Group, Salarpuria Group submit resolution plans for Viceroy Bangalore HotelsThe National Company Law Tribunal, Hyderabad Bench ordered the commencement of a corporate insolvency resolution process of the Viceroy Ban...
Sensex rallies on US Fed dovish outlook; top twelve stocks in focusThe 50-share Nifty index managed to reclaim its crucial psychological level of 7900, supported by gains in pharma, metal, realty and bankin...
Viceroy Hotels rallies over 9% on stake sale reportsViceroy Hotels Ltd rose as much as 9.4% after media reports that it is looking to sell its entire 40% stake in the upcoming Renaissance Hot...
Twelve stocks in focus in Thursday morning tradeIndian markets are expected to trade in a range. Here is a list of twelve stocks which are likely to be in focus today.
- Viceroy Hotels to exit Bangalore project
“The developer has been unable to fund the project due to lack of resources and inability to follow through on the project investment timel...
Hotels turn into residential or commercial properties due to oversupply & high financing costsOversupply and high financing costs are forcing developers in many cities to convert projects into residential or commercial properties.
- Viceroy Hotels plans to sell its Chennai project to Ceebros Hotels for Rs 480 crore
Ceebros Hotels, incorporated in 1980, is a diversified business group with interests in real estate, hospitality and power generation and r...
Rakesh Jhunjhunwala hikes stake in Viceroy Hotels to 13.45 pcRakesh Jhunjhunwala has bought over 14.57 lakh shares in the company from open market on April 4, Viceroy Hotels said.
- Viceroy Hotels to hive-off Chennai project division
Viceroy Hotels (VHL) on Monday said it is looking to hive-off its Rs 560 crore Chennai project into a separate company to cut debt on its b...
- Mid-sized hotels: Right time to check in for a long stay
Boosted by the robust economic growth and the revival in tourism, many hospitality majors are ramping up their capacities.
- JP Morgan invests Rs 740 mn in Viceroy Hotels Ltd
Viceroy Hotels Ltd has raised private equity capital of Rs 740 million from JP Morgan India Property Mauritius Company II for its Bangalore...
- Marriott to open 18 new hotels in India by end-2010
Marriott International hotel company is currently running ten hotels under its management.
- Rising rupee hit hotel scrips
In the past one month most leading listed hotel entities have witnessed a huge erosion in their stock prices, shedding more ground than the...
- FIIs take a break, check out of large-cap hotels
Foreign institutional investors (FIIs) have pruned their stakes in key hotel companies such as EIH.
- Morgan Stanley to take 20% in IHHR
Financial services major Morgan Stanley is close to picking up 15-20% stake in IHHR Hospitality, owners of Ananda and Ista brands of Spa an...
- Hotels to take IPO route for expansion
Hotel companies like Unison, Bharat Hotels and Ramee Group are planning to enter the market with IPOs.