Hotels
ITC plans to invest Rs8,000 crore in Telengana
13 Jun 2015
Sahara clinches Rs5,500-cr debt deal for London, US hotels: report
08 Jun 2015
Billionaire brothers David and Simon Reuben are reported to have acquired control of Sahara Group’s iconic Grosvenor House hotel in London and two US properties in a $850-million debt refinance deal
S Korea's Lotte Group to buy The New York Palace Hotel for $805 mn
01 Jun 2015
The acquisition of The New York Palace Hotel is the latest move by Lotte to expand globally
Sahara bids to reclaim UK hotel as Subrata Roy remains in jail
27 May 2015
The Sahara group’s move comes at a time when the group has failed to raise Rs10,000 crore needed to bail out its boss Subrata Roy who has been in Tihar jail for the past 14 months
Bank of China takes control of Sahara’s Grosvenor House to recover loans
03 Mar 2015
Bank of China has appointed Deloitte to administer Sahara properties after "it defaulted on debts tied to the hotel", according to a report in the Daily Telegraph
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