Sinclairs Hotels & Resorts has announced an interim dividend of 40 per cent for the current fiscal year at its recently held Board of Directors' meeting. The dividend, which is inclusive of dividend tax will amount to Rs 2.82 crore.
For the quarter that ended on December 31, 2011, the company reported sales income of around Rs 434.82 lakhs. During the quarter, Sinclairs Retreat Ooty commenced partial operations after a comprehensive refurbishment and is expected to be fully operational shortly. The company’s greenfield projects at Kalimpong and Burdwan are progressing well and it is awaiting final clearance for its Kolkata hotel project. At the same time, the group has also acquired majority ownership of Savannah Hotels in Bengaluru, a 104-room first class business hotel located in Whitefield. Savannah Hotels Private Limited is now a subsidiary of the company.
Source
Commis II Indian - Jobs in India
For the quarter that ended on December 31, 2011, the company reported sales income of around Rs 434.82 lakhs. During the quarter, Sinclairs Retreat Ooty commenced partial operations after a comprehensive refurbishment and is expected to be fully operational shortly. The company’s greenfield projects at Kalimpong and Burdwan are progressing well and it is awaiting final clearance for its Kolkata hotel project. At the same time, the group has also acquired majority ownership of Savannah Hotels in Bengaluru, a 104-room first class business hotel located in Whitefield. Savannah Hotels Private Limited is now a subsidiary of the company.
Source
Commis II Indian - Jobs in India