Tatas get another 2-month extension for Taj Mansingh

Last Updated: Tuesday, February 3, 2015, 19:53

The Tata-owned Indian Hotels Company Limited (IHCL) has got another extension to continue operations of the Taj Mansingh hotel here after its current lease agreement expired last week as NDMC cannot hold an auction with the Model Code of Conduct currently in force.

LIC reduces stake in Indian Hotels by 2.01%

Last Updated: Thursday, December 11, 2014, 19:48

State-owned Life Insurance Corporation (LIC) has reduced its stake in Tata group hospitality firm Indian Hotels Company by 2.01 percent as it sold 11.75 crore shares in the open market.

Hotels challenge 1.30 am deadline on New Year`s eve in HC

Last Updated: Monday, December 30, 2013, 15:25

The Indian Hotels and Restaurant Association (AHAR) on Monday approached the Bombay High Court challenging the city police`s 1.30 am deadline for eateries and restaurants on New Year`s eve.

Indian Hotels abandons $1.2 billion bid for Orient-Express

Last Updated: Saturday, November 9, 2013, 09:01

In October last year Indian Hotels made an unsolicited bid to acquire Orient-Express, in which it has a 7 percent holding.

Ginger Hotels targets 60% market share by FY17

Last Updated: Sunday, October 20, 2013, 20:13

"There is a huge potential in the branded budget hotel segment. Currently, there are about 7,000-8,000 rooms in this category, of which we have 20-30 percent share. We are aiming for 50-60 percent of this segment by FY'17," Roots Managing Director and CEO P K Mohankumar said here.

Tata likely to get 3 months' extension for Taj Mansingh hotel

Last Updated: Sunday, September 29, 2013, 11:12

The IHCL has been running the landmark property for past 35 years and its lease is due to expire on October 10.

Tatas to take final call on Orient-Express Hotels: Mistry

Last Updated: Friday, August 2, 2013, 23:25

The Tata group hospitality firm Indian Hotels Company, which runs the Taj brand of hotels and resorts, Friday said it would soon take a final call on its relationship with Orient-Express Hotels.

Biocon to replace Indian Hotels from NSE's Nifty Midcap 50

Last Updated: Monday, July 22, 2013, 21:03

Biotech company Biocon will be included in the National Stock Exchange's Nifty Midcap 50 index, replacing the Tata group hospitality major Indian Hotels Company from next month.

NSE to drop Indian Hotels, Raymond from F&O segment

Last Updated: Thursday, July 18, 2013, 21:06

The National Stock Exchange (NSE) on Thursday said it will exclude Indian Hotels Company and Raymond from its derivative segment.

Indian Hotels to open up to 28 'Gateway' properties in 3 yrs

Last Updated: Sunday, May 26, 2013, 13:54

Tata's IHCL also plans to soon open properties under the Gateway brand in Chennai, Kolkata, Raipur and Hyderabad.

HC seeks NDMC's response on Tata's plea over Taj Mansingh

Last Updated: Tuesday, April 9, 2013, 09:33

The 33-year lease of IHC ended in October 2011 and was extended by a year by revising the revenue-share licence fee.

HC to hear Tata's plea over Taj Mansingh property on Tuesday

Last Updated: Monday, April 8, 2013, 20:08

New Delhi Municipal Council (NDMC) owns the land on which the hotel stands at Mansingh Road while IHC manages the property and pays a revenue-share fee to the council.