Archive for the 'Hotel' Category

ITC, Taj, L&T in race for Delhi airport hotels

Claridges, Accor, Starwood, Emaar MGF, Parsvnath and Omaxe also in the fray
Delhi International Airport Private Limited (DIAL), the public-private joint venture that is modernising the city’s airport, is considering the applications of 15 leading Indian and foreign hotel and real estate chains to develop 45 acres of commercial land near the international terminal.
Nine of these […]

Indian Hotels to raise Rs 2,200 cr

Hospitality major Indian Hotels Co Ltd (IHCL) will raise Rs 2,200 crore through a mix of rights and warrants issues.
Raymond N Bickson, managing director, IHCL said, “The re-worked draft offer document to raise the money has been submitted already (to SEBI). We are expecting the approvals to come in another 2-3 weeks from now. Overall […]