Hotels join the fray as IPO frenzy continues

Brigade Hotel Ventures, the hospitality arm of Brigade Enterprises, has filed papers with the Securities and Exchange Board of India (Sebi) and is gearing up to raise ₹900 crore, according…

Leela’s IPO is a bet that luxury tourism in India is just getting started

Leela Palaces filed for an initial public offering (IPO) of ₹5,000 crore on 20 September. Its listing will expand the roster of publicly traded luxury hotel stocks beyond India Hotels…