Aman Resorts

Sector wise, among mergers and acquisitions, Raja Lahiri believes hospitality tops the chart as there were two big deals including Aman Resorts buying Silverlink Holdings and Thomas Cook buying Sterling Holidays in February.

Interest cost will go down post Aman Resorts deal: DLF

Group CFO Ashok Tyagi said that DLF‘s net debt will continue to be around Rs 17,500 crore for the next few quarters.

DLF cuts net debt by Rs 2,500 cr

Since January this year, DLF said it has sold Amanresorts (barring Lodhi property) for USD 358 million (over Rs 2,200 crore) and also settled the dispute with the Delhi Development Authority (DDA) on the Dwarka Convention Centre project with refund of Rs 676 crore.

DLF Q3 PAT may fall 61% to Rs 96.2 cr: CNBC-TV18 poll

Revenue may go up 68 percent to Rs 2,200 crore from Rs 1,310 crore and operating profit may jump to Rs 685 crore from Rs 87 crore year-on-year.

Reduce rating on DLF, target price at Rs 140: CIMB

Post the Aman Resorts sale, DLF's debt will come down from Rs 19,500 crore to Rs 17,500 crore, says Prakash Agarwal of CIMB

DLF sells Aman Resorts

DLF is down by 15 percent in this year. There is some positive news because they completed the sale of Aman Resorts for Rs 2,000 crore. Sonia Shenoy of CNBC-TV18 gives further details.

Realty prices won't fall; will pare debt by Rs 2K-cr: DLF

Quoting high labour and commodity prices, Ashok Tyagi, Group CFO, DLF, says realty prices, especially in the Delhi-NCR region will not decrease. He believes the long approval cycles for most of the realty projects are also a deterrent for lower home prices.

To pare debt to Rs 17500cr; see strain on margins: DLF

Real estate giant DLF is confident of reducing its debt to Rs 17,500 crore; in line with its guidance. Its management also hopes to bring down its interest costs by Rs 450-470 crore in FY15.

Aman Resorts sale talks not restricted to Adrian Zecha: DLF

In an interview to CNBC-TV18, Ashok Tyagi, chief financial officer, DLF says this, however, does not mean that the deal with Adrain Zecha, who is the owner and founder of the hotel chain, has fallen through.

DLF's Aman Resorts sale delayed till end-June

Realty major, DLF's debt reduction via non-core asset sale has hit rough weather. Sources say the deal closure of the USD 300 million sale of the super luxury hospitality chain Aman Resorts has been delayed to now end in June.

DLF Q3: Analysts expect profits to double at Rs 490 cr

DLF, the biggest real estate company in India, is set to announce its third quarter results on Thursday. Analysts on an average expect profit after tax of the company to rise by 90 percent year-on-year to Rs 490 crore in the quarter due to jump in other income from NTC land sale.

Here's how one should play RIL, DLF, Balrampur Chini

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his views on stocks across various sectors. He is not much positive on Reliance Industries and DLF. Among the sugar stocks, he believes that Balrampur Chini makes a value buy now.

DLF to raise up to Rs 3,000cr by this fiscal-end

Realty major DLF on Friday said it will raise up to Rs 3,000 crore by end of this fiscal from sale of its two non-core business assets - luxury hotel chain Aman Resorts and its wind-energy business.

Lodha land deal to impact debt in current quarter: DLF

Ashok Tyagi, CFO, DLF explains to CNBC-TV18 that the completion of the sale of land to Lodha Developers will significantly reduce the debt in the books of the company.

DLF may fix Aman Resorts sale for Rs 1700cr by mid-end Sep

Realty major DLF may finalise Aman Resorts‘ sale for Rs 1,700 crore by mid or end of September. CNBC-TV18 learns from sources that the luxury resort chain will be sold to a group of private equities and hotel chains.

DLF almost has Aman Resorts signed, sealed, delivered!

In a CNBC-TV18 exclusive, Nayantara Rai learns from sources that DLF has entered into an MoU for selling Aman Resorts. This deal has been on the block for nearly two years.

DLF to close $400m Aman Resorts sale in July: Sources

Realty developer DLF is planning to conclude and complete its sale of Aman Resorts probably by July, reports CNBC-TV18's Nayantara Rai quoting sources.

DLF plans to sell AmanResorts, receives 3 binding bids

DLF's plan of selling the super-luxury hospitality chain Aman Resorts is picking up pace. CNBC-TV18 sources informed that DLF and its bankers Citi and Goldman Sachs have received three binding bids. It is also learnt that another three may also follow suit by early next week.