Recent Highlights
All Stories for Brookfield
Sebi directs Hotel Leela to make additional disclosures to shareholders on asset sale to Brookfield
• 6 years agoSebi had received complaints from ITC and LIC—minority shareholders in Hotel Leela—alleging violations by promoters, JMF ARC in asset sale transactions
Reliance Jio's Q1 net profit zooms 45.6% to Rs 891 cr; operating revenue up 44% to Rs 11,679 cr
• 6 years agoMukesh Ambani-led Reliance Jio on Friday reported 45.6 percent rise in its net profit to Rs 891 crore for June quarter of 2019-20
Govt considers splitting GAIL, to hive off pipeline business into a separate entity, sell it to strategic investor
• 6 years agoGAIL is India's biggest natural gas marketing and trading firm and owns more than two-thirds of the country's 16,234-km pipeline network, giving it a stranglehold on the market.
ITC trying to take over Hotel Leelaventure for a song: Promoters, JM Financial ARC
• 6 years agoThe promoters of Hotel Leelaventure and JM Financial ARC, which holds 26 percent in the bankrupt hotel group, on Wednesday told NCLT that ITC's bid to stall their deal with Brookfield is an attempt to wrest the control of the premium hotel chain through the back door
Hotel Leela sale row: ITC claims won't receive any value post-deal, seeks waiver of minimum shareholding norm
• 6 years agoEarlier ITC and LIC, which owns 2 percent in Leela had moved the Sebi seeking to stay the deal with Brookfield
ITC moves NCLT against Hotel Leelaventure over Brookfield deal, alleges 'oppression and mismanagement'
Fp Staff • 6 years agoITC's current plea was mentioned before the Mumbai bench of the NCLT, which has posted the matter for hearing on Wednesday, Hotel Leelaventure said
Canadian investor Brookfield-led India Infrastructure Trust to buy RIL's East-West gas pipeline for Rs 13,000 cr
• 6 years agoCanadian investor Brookfield-led India Infrastructure Trust (InVIT) has agreed to buy billionaire Mukesh Ambani's loss-making East-West gas pipeline for Rs 13,000 crore
RCom expects to complete Rs 25,000-cr assets sale by August-end; to pay Ericsson Rs 550 cr
• 7 years agoRCom has entered into an agreement with Mukesh Ambani-led Reliance Jio and asset management firm Brookfield to sell telecom business assets.
Private equity investments into real estate decline by 19% YoY in FY18: Report
• 7 years agoThe decline in private equity investment could reflect turbulence in the real estate sector, property consultancy Knight Frank said in its report.
RCom shares jump over 14% on buzz that debt-ridden company selling real estate assets to Canada's Brookfield
• 7 years agoWhen contacted RCom declined to comment on development, while email query sent to Brookfield elicited no reply