Brookfield buys key Leela hotel assets for Rs 3950 crore
ET was the first to report in its edition dated October 9 that talks between Brookfield and lender JMFARC (JMFARC) for a deal to save Hotel Leelaventure were advancing.
Reliance Industries plans to take Jio public in 2020
Multiple meetings have taken place over the last month or so among company executives.
Leela sale row: ITC seeks waiver of minimum shareholding norm
ITC alleged that large amounts will be paid to the promoters and JM Financial A...
Shares of Hotel Leela goes up 3% on Brookfield deal
Shares of Hotel Leelaventure were up over 3 per cent on Monday afternoon after reports that the company's deal with Brookfield Asset Managem...
ITC wants to buy Hotel Leela’s assets for song: JM Financial ARC
The counsel for JM Financial ARC said that even after knowing the financial health of Leela, ITC Hotels has been picking up stake in the company between 2008 and 2013, acquiring 13 percent.
CCI clears Johnson Controls' power solutions biz acquisition by Brookfield, CDPQ
Johnson Controls is engaged in selling and recycling low voltage energy storage products using lead-acid and lithium-ion technologies for use in passenger vehicles and trucks.
5 investors may join Brookfield for East West buy
Negotiations are believed to be ongoing to include private sector banks like ICICI or state-run Bank of Baroda too.
With retail and Jio, Reliance is more a consumer centric play: Sushil Choksey, Indus Equity Advisors
The ultimate phase where Reliance’s three parts will be beneficial to shareholders should be visible in the next 12 to 24 months, says Choksey
ITC says it hasn’t made any offer for Leela assets
ITC had also challenged the transaction in NCLT, claiming mismanagement and oppression of minority shareholders by the way the deal was structured.
Canada’s Brookfield in talks to sell Mumbai-Nashik e-way
The 150-km-long road, was acquired by Brookfield in 2015 from Gammon Infrastructure.
Brookfield, Macquarie, KKR in race for IL&FS green assets
The proposed sale of the stake held by the IL&FS Group in these assets and businesses is likely to garner Rs 6,000-8,000 crore.
NCLT accepts Hotel Leelaventure's request to hear petition after 6 weeks
Leelaventure had sought the NCLT more time before it starts hearing the petition filed by lender JM Financial Asset Reconstruction Company.
View: Modi, resist the urge to be India's Xi Jinping
Even as New Delhi has accepted Modi as the boss man, D-St is anxious about further centralisation of power.
NHAI eyes Rs 5,000 crore from roads bidding
To seek bids for roads under TOT plan in Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu next month.
Brookfield-led InvIT to raise Rs 6,400 cr via bonds
The bonds, maturing in five years, are likely to be priced in the range of 9.25-9.60%, sources said. ICICI Bank and Axis Bank are helping arrange the bond sale.
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