Sunday 04 October 2015

Goa's Oldest Online News Portal

Economy | Tourism

Leela shares go up by 3% after selling

Hotel Leelaventure shares gained over 3 per cent in the early trade on Monday after the company on Saturday said that it has agreed to sell a hotel in Goa to a Malaysian company MetTube ... READ

'Court Com' to inspect Terekhol golf course site on 7 Oct

The Goa government-appointed fact finding committee will be visiting the controversial Golf Course site in North Goa’s Terekhol village on October 7 accompanied by representatives of those promoting and opposing the project. READ

Malaysian firm buying Goa's Leela for Rs 725 Cr

Debt laden Hotel Leelaventure Ltd that runs Leela chain of luxury hotels has entered into a so-called business transfer agreement to sell The Leela, Goa, to Malaysia-based conglomerate MetTube Sdn Bhd for Rs.725 crore. READ

Goan birds spread wings to attract eco-tourists

Home to 400 of India's 1,100-odd avian species, Goa, in a fresh initiative, is now banking on the birds in the hope it can spur the arrival of high-end tourists in the state. READ

Goa EDMs in trouble for not paying arrears worth Crores

Goa’s most famous Electronic Dance Music (EDM) festivals are in trouble, for not paying arrears of last three years, running into crores of rupees. READ

Five in the race to buy Leela Resorts of Goa and Chennai

At least five top international private equity firms, family offices and endowment funds are in the race to buy hospitality group Hotel Leelaventure Ltd’s five-star hotels in Goa and Chennai. READ

PMO orders action into money laundering by Goa's casino industry

The Prime Minister's Office has asked the finance ministry to take "appropriate action" in the light of a complaint by a Goa-based anti-corruption NGO, which reported about linkages between a Goa-based hawala operator and the ... READ

Goa eyes for Latvia as Russian tourists continue dipping

With uncertainty looming large vis-a-vis Russian arrivals in the forthcoming tourism season due to an economic crisis in the country, Goa may see a ray of hope from neighbouring Latvia. READ

BJP's new gamble, allows Casinos in Mandovi for 7 more months

Like casinos, Goa government also seems to be playing a roulette game on the issue of relocating the casino vessels from river Mandovi. The people are losing the game while the rulers are winning. READ

9 night clubs in Calangute shut down

Nine night clubs in Goa's famous Calangute village have been closed by the district administration after police report claimed that these places were being run as "dance bars". READ