Intercontinental, The Grand New Delhi, owned by late hotelier Lalit Suri is on the block. Jyotsna Suri, joint MD and wife of Lalit Suri, has put an asking price of Rs 900 crore for the property.
Potential suitors could include … […]
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Intercontinental, The Grand New Delhi, owned by late hotelier Lalit Suri is on the block. Jyotsna Suri, joint MD and wife of Lalit Suri, has put an asking price of Rs 900 crore for the property. Potential suitors could include … […] U.S. brokerage Raymond James Financial Inc. was looking to buy out the stake of its Indian partner, ASK Investment Financial Consultants, the DNA newspaper reported on Wednesday, citing an unnamed company official. “You can expect an announcement in the next … […] Thrissur-based Catholic Syrian Bank’s (CSB) capital raising plans appear to have hit a roadblock. The Reserve Bank of India (RBI) is not willing to clear the bank’s proposal to make preferential allotment of about 15 per cent stake in the bank to Asian private equity firm, AIF Capital Development. The Foreign Investment Promotion Board (FIPB) has cleared the proposal but the RBI guidelines restrict any single private equity firm’s holding in a private sector bank to 5 per […] Zicom Electronic Security Systems, electronic security equipment firm, has planned to raise up to USD 35 million through various means. It has also planned to take a stake in an overseas venture and invest up to USD 5 million in it, … […] The family that owns curry sauce brand Patak's is considering the sale of all or part of the business.The family-owned company has recruited investment bank NM Rothschild to assist it in a review of the business, with a possible … […] |