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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.

January 28, 2012 / 12:21 IST
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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

TAGS: #Business #Davos #East India Hotel #Hotel Leela #ITC #Yogesh Chander Deveshwar
first published: Jan 27, 2012 01:15 pm

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