October 22, 2019 09:52 PM IST

Hotel Leela Venture board approves proposed name change of company

The board has also approved the resignations of Rajiv Kaul as President and Rajan Shah, its Chief Financial Officer as they wanted to move to Brookfield.

SAT throws out ITC plea against Leela-Brookfield deal

A three-bench SAT led by presiding officer Tarun Agarwala and CKG Nair and MT Joshi in a 44-page order posted on its website dismissed the main contention that "the transaction is related-party in nature".

Hotel Leela Venture Q1 net loss narrows to Rs 7.52 cr

Hotel Leela Venture's total expenses were 0.4 per cent lower at Rs 38.97 crore in the quarter under review as against Rs 39.13 crore a year ago.

Leela sale row: ITC seeks waiver of minimum shareholding norm

The Company Act provisions recongnise only those with 10 percent or more non-promoters as minority shareholders.

NCLT asks Sebi to conclude probe into ITC, LIC allegations against Leela

The NCLT's Mumbai bench comprising V P Singh and Ravikumar Duraisamy said the regulator should conclude its examination on the matter before the next date of hearing, on July 8.

Hotel Leela Venture Q4 net loss widens to Rs 29.82 cr

The company's standalone income from operations stood at Rs 43.06 crore for the quarter under consideration. It was at Rs 41.54 crore for the same period year ago.

Hotel Leela Standalone March 2019 Net Sales at Rs 43.06 crore, down 79.14% Y-o-Y

Hotel Leela Standalone December 2018 Net Sales at Rs 209.06 crore, up 2.68% Y-o-Y

Hotel Leela Venture doubles on talk of Thailand co stake deal

Hotel Leela Venture rallied 107 percent in four consecutive sessions, though the company said it had still been evaluating various offers and not reached to any conclusion.

Thailand's Minor may invest Rs 2,500 crore to acquire majority stake in Hotel Leela Venture

In the past one year, Minor has aggressively bid for marquee properties across the globe, and its proposed acquisition of Leela will reportedly be funded by a mix of equity and debt.

Hotel Leela Venture Q2 net loss widens to Rs 66.53 cr

The company had posted a net loss of Rs 24.44 crore for the corresponding period of the previous fiscal.

Hotel Leela Standalone September 2018 Net Sales at Rs 164.14 crore, up 3.63% Q-o-Q

Hotel Leela defaults on payment of quarterly interest to LIC

Hotel Leela Venture said its operating cash flows are not sufficient to service its term loans and NCDs and the funds of the company are escrowed with its lenders and are also monitored by the lenders.

Hotel Leela Venture defaults on payment of quarterly interest to Life Insurance Corporation of India

Hotel Leelaventure said the total interest outstanding as on date is Rs 12.14 crore and principal redemption amount outstanding as on date is Rs 45 crore.

Hotel Leela Venture stock loses 6% on default of quarterly interest payment

Total interest outstanding as on date is Rs 12.14 crore, and principal redemption amount outstanding as on date is Rs 45 crore, Hotel Leela said.

Hotel Leela board to consider 125 cr share issue to JM Financial

The hospitality chain currently has a debt of Rs 3,662 crore.

Hotel Leela Venture locked at 20% upper circuit as company turns profitable in Q3

Operating profit fell 1.8 percent year-on-year to Rs 65.1 crore and margin contracted 190 basis points to 32 percent for quarter ended December 2017.

SC junks Hotel Leela plea, directs it to pay Rs 258 cr to AAI

A bench comprising Justices R F Nariman and Navin Sinha junked the appeal filed by Hotel Leela challenging an order of the division bench of the Delhi High Court.

To draw foreign tourist & be competitive, the tax slab must be reduced: Hotel Leela

The 28 percent GST tax slab is hurting the tourism sector, he said Vivek Nair, CMD, Hotel Leela Ventures.

Advani Hotels, Hotel Leela, Mahindra Holidays to get astro support: Satish Gupta

Hotel stocks like Advani Hotels, Hotel Leela Venture, Jindal Hotels, Kamat Hotels and Mahindra Holidays will get astrological support, says Satish Gupta of astrostocktips.

Leela refutes AAI stand on land lease agreement

Hotel Leelaventure today refuted the Airports Authority of India's (AAI's) stand on the land lease agreement, saying it has taken all legal steps to contest the AAI notices on eviction process on its property near the Mumbai international airport.

Hotel Leela plans to sue Airport Authority over eviction notice

Following the eviction notice served by Airport Authority of India (AAI) against The Leela Mumbai last week, Hotel Leela Venture has said that it is taking legal recourse over the notices issued against the iconic property.

Leela Director Madhu Nair resigns from board

The latest exit makes it fifth in a row for the company in less than one year. Three independent directors and an executive director have quit the Leela board since February last year.

AAI shows Hotel Leela the door over non-payment of dues

The Leela, one of the first luxury airport hotels in Mumbai, will have to shut down as the Airport Authority of India (AAI) has commenced eviction proceedings against the property which rests on the land leased by the airport operator.

Stocks in news: Lupin, InterGlobe, Dilip, Biocon, MRPL, VA Tech

Lupin | L&T | InterGlobe Aviation | HEG | Apar Industries | UFO Moviez | Centrum Capital | PTC India Financial | MRPL | VA Tech Wabag | Tata Communications | Jyoti Structures | Dilip Buildcon | Biocon | Power Mech Projects | GeeCee Ventures and Atlanta are stocks, which are in the news today.