Cabinet to soon consider framework for monetising assets of CPSEsThe 'Asset Monetisation Framework', being drafted by the Department of Investment and Public Asset Management (DIPAM), will help the admini...
06 Jan, 2019, 01.06 PM IST
Finance Ministry drafting Asset Monetisation Framework for hiving off CPSEs' non-core bizGovt has set a disinvestment target of Rs 80,000 crore including strategic and minority stake sale in CPSEs
07 Oct, 2018, 09.08 PM IST
Government to separately sell certain assets of 9 CPSEs identified for strategic saleOf the 24 CPSEs that have in-principle approval for strategic sale, the government has identified certain assets of nine companies which sh...
23 Sep, 2018, 11.24 AM IST
Brigade Enterprises to hive off hotel business into separate armThe Bengaluru-based developer hold hospitality assets under the parent company, while Brigade Hospitality Services Ltd (BHSL) is into manag...
17 Jun, 2016, 06.45 PM IST
The Hive: An integrated workspace with a difference in BengaluruThe Hive is a new offering of Virtuous Retail, which owns, develops and operates integrated lifestyle centres across the country.
07 Jun, 2016, 04.18 AM IST
Floated RFQs for 4 properties across India: Umang Narula, ITDCIn a chat with ET Now, Umang Narula, CMD, ITDC, talks about stake sale of properties and how its is going to impact the company’s balance s...
04 Apr, 2016, 01.37 PM IST
Govt mulling to sell 8 ITDC hotels to strategic investorsThe government is mulling to sell eight loss-making ITDC hotels to investors and will soon work out the modalities of valuation and mode of...
01 Jun, 2015, 03.57 PM IST
- 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...
09 Oct, 2014, 06.17 AM IST
No specific plan to re-open Darjeeling hotel: Oberoi group"There is no specific plan and it would depend on business conditions," EIH vice-chairman and CEO SS Mukherji told reporters on the sidelin...
06 Aug, 2014, 06.42 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
Tata Group's Indian Hotels Company seeks RBI nod to hive off international operationsIHCL plans to bring all its overseas hotel assets under this step-down holding company, and subsequently raise money by selling up to a 49%...
10 May, 2013, 04.00 AM IST
- 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...
21 Mar, 2011, 05.06 PM IST
- Unitech set to hive off non-core biz and list it
In order to unlock shareholders' value, realty major Unitech is all set to hive off its investment in non core activities like telecom , sp...
07 Apr, 2010, 08.57 AM IST
- Unitech sets up panel for non-core spin-off
Unitech has formed a panel of five board members to push the demerger of its non-core business into a separate entity as it looks for a pur...
07 Apr, 2010, 01.15 AM IST
- Lemon Tree eyeing global suite
Lemon Tree, the upscale mid-market hotel, has invested about Rs 500 crore in the domestic market and around Rs 200 crore in New York in the...
18 Aug, 2008, 12.00 AM IST
- Lemon Tree to invest over Rs 2,100 cr to set up 18 hotels
Lemon Tree Hotels plans to invest over Rs 2,100 crore to set up 18 hotels in the country in the next two years.
16 Apr, 2008, 01.24 AM IST
- Lemon Tree plans to hive off assets
Hotel chain Lemon Tree is looking to transfer all its assets to a subsidiary company in which it will also seek private equity participatio...
06 Nov, 2007, 12.46 AM IST