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Hotel Leela rallies 10% on sale of Chennai IT park to RIL

Feb 19, 2013

Hotel Leela rallies 10% on sale of Chennai IT park to RIL

Shares in Hotel Leela Venture today rallied as much as 15 percent after the company sold its IT park building in Chennai to Reliance Industries for Rs 170 crore, a move that would help the hospitality group reduce its debt of over Rs 4,000 crore. #StockWatch #RIL #Hotel Leela Venture
Earnings blow fails to deter M&A flow for Corporate India

Aug 26, 2011

Earnings blow fails to deter M&A flow for Corporate India

The market too has nothing positive to offer. But the companies are high on inorganic growth and don't mind taking the bull by the horns. #SanofiAventis S.A. #inthespotlight #Hotel Leela Venture Limited #NMDC Limited #Aventis Pharma Ltd
QIPs give less returns, force cos to look elsewhere

Jun 15, 2011

QIPs give less returns, force cos to look elsewhere

Companies can tell you how hard it is these days to raise money through the QIP channel as investors are staying away. Many are in a wait and watch mode. #Numbers #CRISIL #QIP #Jayshree Tea & Industries Ltd #Hotel Leela Venture Limited