Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Schloss Bangalore Limited launches ₹3,500 crore IPO for The Leela hotel brand, facing various risks.

flag Schloss Bangalore Limited, owner of luxury hotel brand The Leela, is launching a ₹3,500 crore IPO on May 26, with proceeds aimed at debt reduction and expansion. flag The company secured ₹1,575 crore from 47 anchor investors, including global investors like Fidelity and Goldman Sachs. flag The IPO faces risks such as potential brand reputation decline, financial losses, and construction delays for new hotels.

18 Articles

Further Reading