Moneycontrol
Last Updated : Jan 28, 2012 12:21 PM IST | Source: CNBC-TV18

ITC may hike stake upto 25% in EIH & Hotel Leela: Deveshwar

ITC chairman Yogesh Chander Deveshwar clears some air about the increase in stake. In an interview to CNBC-TV18, he said that both EIH and Hotel Leela are treasury operations and it can go up to 25% in both the hotel companies.


ITC chairman YC Deveshwar has said that his company may increase stake in the Oberois controlled-EIH and Krishnan Nair-owned Hotel Leela, if the prices are attractive.

In the same breath, he added that it was for the treasury division to take a call on that. Speaking to CNBC-TV18, Deveshwar said the company

First Published on Jan 27, 2012 01:15 pm
Loading...
Follow us on
Available On
PCI DSS Compliant