DSIJ Mindshare

In a blow to hospitality company Hotel Leela Venture, the Supreme Court rejected its appeal and ordered it to pay a royalty of Rs. 258 crore to the Airport Authority of India (AAI) for possessing its 11,000 sq mt property near Mumbai International Airport.

The PAT for the quarter came in at Rs. 55.61 crore, yoy increase of 26.1 per cent. This was due to a one-time gain of Rs. 22.61 crore in the quarter.

Indian markets saw huge correction in-line with the global market sell-off. During the morning session on Tuesday, market witnessed third day of correction ahead of RBI monetary policy meet on Wednesday.

Overall volumes in futures & options currently stand at 67.56 lakh contracts with a turnover of Rs. 5,89,594.95 crore.

Overall volumes in futures & options currently stand at 67.56 lakh contracts with a turnover of Rs. 5,89,594.95 crore.