Support: +91-22-61011756 /
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

IHCL signs pact to acquire stake in ELEL Hotels and Investments

Wednesday, 22 Jul 2020
Share this on :
The Indian Hotels Company (IHCL), hospitality major, has signed a binding agreement to acquire the remaining 14.28 percent stake in ELEL Hotels and Investments.
The deal will make the company 100 percent leasehold owner of the Sea Rock Hotel in Mumbai by the end of December 2021. ELEL Hotels and Investments, a subsidiary of IHCL, holds long-term land lease for Sea Rock. 
IHCL's board of directors on 11 November 2019 approved the terms for the settlement to acquire the remaining shareholding. 
The payment will be structured through multiple installments over a period, with full buyout by 31 December 2021.


Post Your Comments


Sign up to start your free trial

Are you...


Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services