Aman Resorts

Aman Resorts sale to help trim debt, not fund launches: DLF

With a debt of around Rs 23,200 crore on its books, India's largest real estate major DLF will use the Rs 1,600 crore proceeds from its stake sale in Aman Resorts to repay a part of the debt.

DLF signs pact to sell Aman Resorts for over Rs 1,600 cr

Realty major DLF today said it has signed an agreement to sell luxury hotel chain Aman Resorts to the hospitality property's founder and Chairman Adrian Zecha for about $300 million (over Rs 1,600 crore).

DLF likely to sell wind power biz for Rs 700 cr in a week

DLF will sell the wind energy business in Gujarat and Karnataka in phase one to former GE India's head TP Chopra's Bharat Light & Power.

Finally! DLF gets a buyer for Aman Resorts

DLF is ready to encash its key hotel asset as it looks to retire rising debt. The sale is expected to fetch the company between Rs 2,000-2,500 crore, which will help it reduce its debt by around Rs 22,758 crore.

Will Saudi's Warren Buffett rescue DLF's troubled Aman Resorts?

Often called Saudi Arabia's Warren Buffett, prince Al Waleed Bin Talal shot into the international investor spotlight when he reaffirmed his faith in a floundering Citibank. He is now interested in India.

Former IPL chief Lalit Modi has a new role at luxury Aman resorts

The resort group immediately named Lalit Kumar Modi, founder and former chief of the Indian Premier League T20 cricket, a member of its advisory board.

DLF may trim Rs 3,000 cr debt this year