The Leela Hotels, operated by Schloss Bangalore, has set a price band of Rs 413-435 for its Rs 3,000 crore IPO, open from May 26–28. The proceeds will mainly go towards debt repayment. Despite losses, the company has shown strong financial recovery, with FY24 revenue rising to Rs 1,226 crore. Listing is planned on NSE and BSE.
Why looking for the best fund or asset class is a waste of time: Zerodha’s Nithin Kamath
Zerodha CEO Nithin Kamath advises investors to avoid chasing top funds and instead focus on boosting their earning potential. He recommends low-cost multi-asset index funds