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  • Business

ITC increases stake in Hotel Leelaventure

 Diversified business group ITC has scaled up its holding in Hotel Leelaventure Limited, yet again, by acquiring more than one per cent through its wholly owned subsidiary, Russell Credit.During the......

Hotel Leelaventure okays merger

Hotel Leelaventure Ltd approved the modifications in the draft scheme of amalgamation to be submitted to the High Court for amalgamation of the wholly owned subsidiary, Leela Hotels Ltd with the......

Why hotel stocks are underperforming

 Business travellers are known to be demanding. They kick up a fuss if the services are even slightly slipshod. Hotel chains, therefore, go to great lengths to fulfil their whims and fancies-no......

Ownership battle for Hotel Leela gets murky

 ITC has also sought the removal of Leela promoters Vivek Nair and Dinesh Nair and directors Vinay Kapadia and Vijay Sharma from the board.The proposed transaction with Brookfield, according to......

Q4 PE investment deal value touches $8,451 mn

 A sector-wise analysis shows that a total of five PE transactions in the energy and natural resources sector led the value chart. Illustration: Uttam Ghosh/Rediff.com Private equity investments......

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