The consolidated revenue for the quarter stood at Rs 518.25 crore, growing by 13.72 percent YoY, while revenue was up by 2.4 percent on a QoQ basis. Unseasonal rains affected consumption in rural pockets amidst a slow quarter for the industry, said CEO Rajiv Kaul.
Can Silicon Valley's culture of innovation and experimentation be replicated in a risk-averse country like India?
Hotel Leela is upbeat on its new launch in Chennai. Rajiv Kaul president of Leela hotels says its corporate debt restructuring is on track and the group will deliver on all its commitments.
Why Technology multinationals keep hiring the same set of senior executives over and over again. And why it doesn't always work
Rajiv Kaul, President, Hotel Leela Venture Limited, in an interview with CNBC-TV18’s Udayan and Mitali Mukherjee, gave their view on the action in the hotel space and his outlook for the copy going forward.
Hotel Leelaventures Ltd is planning to foray into Maldives and Mauritius through management contracts in FY12, even as it readies to launch a brand in the mid-market segment in India, a top official told reporters on Thursday.
The life of 30-year-old Wael Ghonim has a strange parallel to those of N. Chandrasekaran, Kris Gopalakrishnan and Francisco D’Souza.