Epic Update : RIL

Reliance Industries (RIL) is, reportedly, all set to acquire Hotel Leelaventure’s business park in Chennai to house its headquarters for its much-awaited 4G operations. The two companies are soon expected to ink the deal for Rs 172 crore. The Leela business park has been chosen for housing RIL’s 4G operations, due to its close proximity to the sea, which would help the company in laying down the undersea cables. The Leela business park is part of the 6-acre land that also houses 11-storeyed hotel – the Leela Palace with 326 rooms and suites

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