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Stressed assets this week: Essar Steel case drags on; Jet may fly to NCLT

General

26 April, 2019

Stressed assets this week: Essar Steel case drags on; Jet may fly to NCLT

Developments in the stressed assets’ space have picked up pace, with large assets seeing changes at various levels, according to ......

Brookfield eyes Leela hotels; GIP plans to sell road platform

General

17 December, 2018

Brookfield eyes Leela hotels; GIP plans to sell road platform

Canadian alternative asset manager Brookfield Asset Management is in advanced discussions to buy at least four luxury hotels and a ......

Brookfield eyes stake in Leelaventure; Meesho may raise funding from Yuri Milner

General

09 October, 2018

Brookfield eyes stake in Leelaventure; Meesho may raise funding from Yuri Milner

Canadian alternative asset manager Brookfield Asset Management is in advanced discussions with JM Financial Asset Reconstruction Company (ARC) to pick ......

Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's

General

03 September, 2018

Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's

Budget hospitality chain OYO is looking to raise money from Chinese ride-hailing firm Didi Chuxing and shared workspace provider WeWork, ......

Thomas Cook eyes stake in TFCI; Marigold Capital to buy Leela Palace Chennai

General

05 September, 2017

Thomas Cook eyes stake in TFCI; Marigold Capital to buy Leela Palace Chennai

Travel services firm Thomas Cook (India) Ltd, controlled by Canadian investment firm Fairfax, is among the several companies interested in ......

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Crowne Plaza hotel developer in Pune seeks exit

Consumer

04 July, 2016

Crowne Plaza hotel developer in Pune seeks exit

The developer of the Crowne Plaza hotel in Pune is looking to exit the asset operated by the global chain ......

Premium
Radisson Blu hotel in Delhi on the block

Infrastructure

13 April, 2016

Radisson Blu hotel in Delhi on the block

The developer of a Radisson Blu hotel in Delhi has put the asset on the block to repay the debt ......

Hotel Leela's board asks to renegotiate asset sale and bridge loan proposal

Infrastructure

12 March, 2014

Hotel Leela's board asks to renegotiate asset sale and bridge loan proposal

Luxury hospitality player Hotel Leelaventure Ltd said on Wednesday that its board of directors have asked top executives of the ......

Luxury hospitality group Leela may raise debt funding from KKR

Infrastructure

10 March, 2014

Luxury hospitality group Leela may raise debt funding from KKR

Hotel Leelaventure Ltd, which owns and operates hotels under brand of Leela Palaces Hotels and Resorts, is in talks with ......

Leela in talks to divest majority stake in a few hotels

Consumer

14 February, 2014

Leela in talks to divest majority stake in a few hotels

Hotel Leelaventure Ltd, which owns and operates luxury hotels under the brand Leela, is in talks with investors to divest ......