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Leela in Global Hotel Alliance

If international airlines have formed the Star Alliance, can hotels be far behind? Mumbai-based Leela Palace has joined the largest hotel alliance of the world, the Global Hotel Alliance, which has......

Leela plans subsidiary for expansion abroad

Hotel Leela Venture, Rs 400 crore (Rs 4 billion) Indian hotel group, is planning to set up an overseas subsidiary to explore the luxury markets abroad. Towards this, the company will set up a......

New Companies Act eases concerns over high pay

In the past few weeks, institutional advisory firms have been vocal against salary increase to company heads, especially firms undergoing financial stress or under corporate debt restructuring.......

Chennai authorities seal RIL's commercial property

A commercial building owned by Mukesh Ambani's Reliance Industries in the city has been blocked and sealed by the Chennai Metropolitan Development Authority (CMDA) for the alleged violation of......

Hotels: Service tax hiked from 10% to 12%

Budget Provisions: The service tax increased from the 10% to 12%.The Cascading taxes has been reduced significantly by permitting utilization of input tax credits in a number of services such as......
  Web results for Hotel Leela Venture
No room for optimism in hotels sector

With excess room capacity in India and a moderate 4-5% growth in international tourism, it is clear that hotels still have a long way to go before... ...
Monetary policy to decide trend

By (Any opinions expressed here are those of the author and not of Thomson Reuters) Volatility marked the truncated trading week ahead of the... ...
Hotel Leelaventure sells Goa property for Rs 725 cr

H The company reportedly had a debt of around Rs 5,000 crore as of March this year. As per the terms of a Corporate Debt Restructuring (CDR)... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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