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

Leisure hospitality firm Sterling Holiday Resorts is renovating its 17 existing resorts and plans to add five more properties over the next six months, a top company official has said.

Leisure hospitality firm Sterling Holiday Resorts is renovating its 17 existing resorts and plans to add five more properties over the next six months, a top company official has said.

Sterling Holiday Resorts has frozen at its 10% upper circuit at Rs 103 after billionaire Rakesh Jhunjhunwala and investor Radhakrishna Damani acquired a little over 14% stake in the company.

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 Holiday Resorts today said it plans to raise Rs 120 crore through the issuance of equity shares and warrants on a preferential basis to fund expansion plans.

Sterling Holiday Resorts (India) has rallied more than 15% at Rs 98.50 after the company announced its board will meet on Wednesday to consider fund raising plans.

Sterling Holiday Resorts India Ltd. Today announced the appointment of Ramesh Ramanathan as its new Managing Director.

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