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Wed, 01 Sep 2010 23:48:48 -0700

Why consumer trust is prime for Britannia
The book that Vinita Bali, managing director of Britannia Industries Ltd, is currently reading couldn't be more appropriate: 'Too Big to Fail'. Although that bestseller by New York Times columnist Andrew Ross Sorkin tells the inside story of how Wall Street and Washington saved the financial system -- and themselves, its title aptly sums up Bali's own half-a-decade tenure at the Bangalore-based ...
Wed, 01 Sep 2010 14:48:13 -0700

Reliance ups EIH stake to 14.8%
Mumbai, Sept. 1: Mukesh Ambani-owned Reliance Industries Ltd today announced that it had scooped up another 26.7 lakh shares — roughly 0.68 per cent of the equity — in EIH Ltd, raising its stake in the hotel chain to 14.8 per cent.
Thu, 02 Sep 2010 11:49:26 -0700

Market still figuring out reasons for RIL's stake buy
The stock of EIH has been climbing ever since Reliance Industries announced picking up stake in the company. EIH closed 3.6 per cent higher at Rs 148.9 on the BSE.
Wed, 01 Sep 2010 13:45:49 -0700

RIL hikes EIH stake to 14.8%
Reliance Industries on Wednesday said it has hiked its stake in hospitality firm EIH Ltd to 14.80%, taking the Mukesh Ambani-led firm a step closer to the threshold limit of 15% for making an open offer.
Thu, 02 Sep 2010 00:03:58 -0700

Votes are in! India's most admired business leader
Here is a list those great men and women who, in the past 20 years, have shaped the course of India Inc.
Mon, 30 Aug 2010 15:08:30 -0700

Ambani armour for Oberois
Mumbai, Aug. 30: Mukesh Ambani has stepped in as a white knight to help Prithvi Raj Singh (Biki) Oberoi, the 80-year-old chairman of hotel chain owner EIH Ltd, to ward off a hostile takeover threat from Calcutta-based cigarette-to-hotels conglomerate ITC Ltd.
Mon, 30 Aug 2010 15:22:25 -0700

Leela stake shield
Mumbai, Aug. 30: The Nairs of Hotel Leelaventure Ltd are raising the promoters’ stake in the company to almost 55 per cent through a preferential allotment of 1 crore shares at a cost of Rs 48.5 crore.
 
Wed, 01 Sep 2010 19:12:17 GMT+00:00


Indian Express

RIL hikes EIH stake, inches closer to open offer trigger
Livemint
Mukesh Ambani's RIL was brought in by EIH as a white knight to ward off a potential takeover threat from ITC Ltd. “ITC currently has a 14.98% stake and it ...
Reliance Industries Buys Stake in Oberoi Hotels' Operator for $217 MillionBloomberg
Reliance and EIH: The white knight and the elephantMoneylife Personal Finance Magazine
EIH zooms over 11% on BSE amid stake sale deal with RILEconomic Times
Calcutta Telegraph -MSN India -NDTV.com
all 247 news articles »
Tue, 24 Aug 2010 19:28:46 GMT+00:00


Oberoi may carve out EIH properties
Livemint
Though not “worried” about rival ITC Ltd's 14.98% stake in EIH, PRS Oberoi said his family would continue to ramp up its stake in the firm through the ...

and more »
Tue, 24 Aug 2010 11:26:48 GMT+00:00


Up to 60 new hotels to be operational in 3-4 yrs: ITC
Economic Times
NEW DELHI: Conglomerate ITC Ltd on Tuesday said it expects to have up to 60 new hotel properties operational in the next 3-4 years as it expands to tap the ...
'Innovation to drive ITC growth'Hindustan Times
ITC completes 100 yearsfnbnews.com

all 13 news articles »
Mon, 30 Aug 2010 22:26:03 GMT+00:00


Calcutta Telegraph

Leela stake shield
Calcutta Telegraph
Observers say the stake increase has been prompted by fears of a hostile takeover bid by cigarette-to-hotels conglomerate ITC Ltd, which has built up a ...

and more »
Tue, 17 Aug 2010 06:14:53 GMT+00:00


India equities trade positive: ITC, UB lead uptrend
Commodity Online
Other leaders including ITC Ltd (BOM:500875) and Tata Global Beverages Ltd (BOM:500800) traded with gains of over 1 % each this morning. ...

and more »
Tue, 31 Aug 2010 06:11:26 GMT+00:00


Sensex, Nifty hit fresh bottom: Reliance sheds 3%
Commodity Online
ITC Ltd (BOM:500875) and Britannia Industries Ltd (BOM:500825) inched ahead with gains of around 0.2% on the BSE today.

and more »
Thu, 02 Sep 2010 12:29:44 GMT+00:00


NIIT Technologies Appoints Pratibha K. Advani as CFO
itVARnews.net (press release)
Pratibha started her finance career with ITC Ltd. and spent 15 years with their Hotels business. During her stint at GE she was the recipient of several ...
NIIT Technologies names Pratibha Advani as CFOMyiris.com

all 4 news articles »
 
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