Hotel Leelaventure

Cash-strapped hospitality chain Hotel Leelaventure defaults on payment of quarterly interest to LIC

Hotel Leelaventure said its operating cash flows are not sufficient to service its term loans and NCDs

Cash-strapped Hotel Leelaventure defaults on payment of quarterly interest of Rs 2.12 crore to LIC

Hotel Leelaventure, which currently has a debt of over Rs 3,600 crore, had issued secured redeemable non-convertible debentures on private placement basis aggregating to Rs 90 crores to LIC in December, 2008.

Hotel Leelaventure in talks to sell 326-room property in Chennai

Located at Adyar Sea Face in the city, the Leela Palace Chennai has a capacity of 326 guest rooms.

Hotel Leelaventure goes all out to cut Rs 5000 cr debt, sells Goa property for Rs 725 cr

As per the terms of a Corporate Debt Restructuring (CDR) package, the company had to reduce its debts through sale of assets

Sensex rebounds; IT stocks up; KFA up 5% after co pays salaries

Sensex closed at 19635.72, up 0.69 percent and the Nifty closed at 5939.70, up 0.70 percent.

Will Nair's daughters take charge of Leela's massive debt?

Hotel Leela is sitting a debt of Rs 4,295 crore.Will Captain Nair's daughters manage to turn the tide around?