Sterling Holidays Resorts (I) Ltd, which announced its merger with Canada-based billionaire Prem Watsa-owned Thomas Cook India in February in a Rs 870 crore cash and stock deal, is planning to add 400-450 rooms during the current fiscal, compared to 40
Hyderabad-born Prem Watsa, the founder, chairman and chief executive of Toronto-based Fairfax Financial Holdings, is often called the Warren Buffett of Canada for his ability to spot investment opportunities ahead of others and turn around non-performing
Leisure travel operator Thomas Cook (India) and Sterling Holiday Resorts today announced merger of the two companies.Thomas Cook will make a preferential allotment investment of Rs 187 crore into Sterling.
Sterling Holiday Resorts (India) Ltd, vacation ownership and leisure hospitality company based in Chennai, is planning to invest around Rs 120 crore in the current fiscal for renovation of existing properties and open around five new resorts in the
Billionaire Rakesh Jhunjhunwala and investor Radhakrishna Damani have invested around Rs 80 crore for a little over 14 per cent stake in Chennai-based Sterling Holiday Resorts India Ltd, founded by timesharing veteran R Subramanian in 1986. It may be
Sterling Holidays Resorts (India) Ltd is planning to raise around Rs 100 crore by way of Qualified Institutional Placement (QIP) of the securities to the Qualified Institutional Buyers (QIBs), according to the company's announcement in Bombay Stock