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BSE Sensex sheds 112 as share sales, Fed meet weigh
May 21, 2013 at 20:22 | Source: DomainB
Benchmark indices fell for the second successive session Tuesday, as the market is trying to digest the heady gains of the past few weeks. Brokers said share sales by promoters trying to meet the 25 percent minimum public shareholding rule, and the ...
Dismal close: Sensex loses 142 pts, banks & realty crash
Mar 15, 2013 at 20:47 | Source: DomainB
It was an extremely volatile session today. The Sensex was down 142.88 points at 19427.56 while the Nifty lost 36.35 points to settle at 5872.60. There was a massive downfall in rate sensitives like banking, auto and realty stocks as investors were ...
Sensex closes up 135 points; Hotel Leela, KFA soar
Feb 20, 2013 at 08:17 | Source: DomainB
Key equity benchmarks ended another listless day of trade in the green. The BSE Sensex closed near the highest point of the day at 19664.04, up 0.84 percent. Meanwhile, the NSE benchmark 50-share Nifty closed up 41.50 points at 5939.70. The first of...
Sensex closes up 135 points; realty, Hotel Leela, KFA soar
Feb 19, 2013 at 18:27 | Source: DomainB
Key equity benchmarks ended another listless day of trade in the green. The BSE Sensex closed near the highest point of the day at 19664.04, up 0.84 percent. Meanwhile, the NSE benchmark 50-share Nifty closed up 41.50 points at 5939.70. The first of...
Hotel Leelaventure to sell Chennai IT Park building to RIL for Rs170.17 crore
Feb 19, 2013 at 16:42 | Source: DomainB
Hospitality group Hotel Leelaventure has agreed to sell its IT Park building in Chennai to Reliance Industries Ltd (RIL) for Rs170.17 crore. "The company has executed on 18 February 2013 an Agreement for Sale with Reliance Industries Limited to sell...
Hotel Leelaventure shares jump on Chennai building sale to RIL
Feb 19, 2013 at 16:42 | Source: Business Today
Hotel Leelaventure shares on Tuesday jumped over 8 per cent, a day after the company sold its IT park building in Chennai to Reliance Industries (RIL). The move is expected to help the hospitality group reduce its debt of over Rs 4,000 crore."With r...
Hotel Leela shares jump 9%, property sale to reduce debt
Feb 19, 2013 at 12:22 | Source: Financial Express
Hotel Leela venture Ltd shares rise 9 percent, a day after the company sold its IT park building in the city of Chennai for 1.7 billion rupees ($31.38 million) to Reliance Industries, according to an exchange filing. Traders say the hotel operator w...
Hotel Leela sells Chennai IT Park building to RIL; stock rallies
Feb 19, 2013 at 12:22 | Source: Economic Times
MUMBAI: Shares of Hotel Leela surged higher in early trade as it signed an agreement for sale with Reliance Industries to sell its IT Park Building in Chennai for Rs 170.17 crore. "..the company has executed on February 18, 2013 an Agreement for Sal...
Recasts hit banks in third quarter as companies face financial stress
Feb 19, 2013 at 10:41 | Source: Indian Express
Banks got little respite from loan restructuring woes in the October-December quarter as financial stress on corporates continued to affect their ability to service loans. Bankers say restructured loans remain an overhang, especially in sectors like ...
Recasts hit banks in third quarter as companies face financial stress
Feb 19, 2013 at 09:42 | Source: Financial Express
Banks got little respite from loan restructuring woes in the October-December quarter as financial stress on corporates continued to affect their ability to service loans. Bankers say restructured loans remain an overhang, especially in sectors like...
Hotel Leelaventure founder Capt C P Krishnan Nair steps down as Chairman, son Vivek steps in
Feb 08, 2013 at 10:12 | Source: Financial Express
New Delhi: The grand old man of Indian hospitality industry, Captain C P Krishnan Nair today stepped down as the Chairman of Hotel Leelaventure, the company he founded in 1981. Nair, 91, will be succeeded by his eldest son Vivek Nair, who has been e...
Hotel Leela narrows loss, Nair steps down as chairman
Feb 08, 2013 at 00:46 | Source: Business Today
A file photo of C P Krishnan Nair The grand old man of Indian hospitality industry, Captain C P Krishnan Nair on Thursday stepped down as the Chairman of Hotel Leelaventure, the company he founded in 1981.Nair, 91, will be succeeded by his eldest so...
Hotel Leela founder Capt Nair steps down as Chairman
Feb 07, 2013 at 22:27 | Source: Financial Express
New Delhi: The grand old man of Indian hospitality industry, Captain C P Krishnan Nair today stepped down as the Chairman of Hotel Leela venture, the company he founded in 1981. Nair, 91, will be succeeded by his eldest son Vivek Nair, who has been ...
Hotel Leela founder Captain C P Krishnan Nair steps down as Chairman
Feb 07, 2013 at 20:46 | Source: Economic Times
NEW DELHI: The grand old man of Indian hospitality industry, Captain C P Krishnan Nair today stepped down as the Chairman of Hotel Leelaventure, the company he founded in 1981. Nair, 91, will be succeeded by his eldest son Vivek Nair, who has been e...
India Inc pays off foreign loans by borrowing more
Dec 17, 2012 at 00:01 | Source: The Hindu BusinessLine
December 16, 2012: Most of India Inc seem to have borrowed afresh to meet their foreign currency convertible bonds (FCCB) obligations in 2012. Of the 45 Indian companies whose FCCBs were due for redemption between March and mid-October 2012, 19 mana...
Nov 11, 2012 at 06:01 | Source: Business Standard
Amid the approaching holiday season, hotels are reporting sell-outs and airlines are preparing to raise fares to cash in on the surge in demand. Though prices of hotel rooms and airline tickets have risen 10-50 per cent, compared to the previous two ...
Vertical development catches up as land bank shrinks
Nov 01, 2012 at 21:33 | Source: The Hindu BusinessLine
New Delhi, Nov 1: High-end luxury hotels and spas to World Trade Centres are opting for high-rises to set up their operations, as land scarcity, coupled with high costs, forces builders to opt for vertical development.While Urban Development Ministe...
Leela to reduce debt through Rs 700-cr land sale
Nov 01, 2012 at 01:41 | Source: Business Standard
Hospitality chain Hotel Leela Venture Ltd is planning to raise Rs 700 crore by selling its non-core assets. The company is looking at sale of land parcels in Hyderabad, Pune, Bangalore and a business park in Chennai to reduce its debt burden, Vivek N...
Oct 19, 2012 at 21:52 | Source: DNA India
Here s a list of great things to buy in Bangalore Take a swingThe Leather Boutique has just launched an exclusive collection of luxury leather bags and overnighters for all golf enthusiasts. The tasteful collection is made from imported finished leat...
Sep 27, 2012 at 23:47 | Source: The Hindu BusinessLine
Peking duck with Ossetra caviar for lunch and Kanzuri Shrimp and contemporary sushi with sparkling sake for dinner. Indians are getting more adept at choosing their “daily bread” from menus featuring exotic dishes and international cuisi...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
