DDA extends lease for Taj Palace Hotel to IHCL for 25 years

Last Updated: Thursday, March 28, 2013, 20:22

Tata group hospitality major Indian Hotels Company (IHCL) Thursday said lease of its Taj Palace Hotel in the city has been renewed for 25 years from April 1 this year.

Indian Hotels to have 200 hotels globally by 2018-end

Last Updated: Thursday, March 7, 2013, 17:46

Tata group hospitality major Indian Hotels Company (IHCL) Thursday said it plans to open 83 new hotels globally to take tally to 200 by the end of 2018.

Indian Hotels Q3 profit up 28% at Rs 64.62 cr

Last Updated: Monday, February 11, 2013, 23:46

The company had posted profit after tax (PAT) of Rs 50.48 crore for the corresponding quarter last fiscal, Indian Hotels Company Ltd (IHCL) said in a filing to BSE.

Reviewing options over Orient-Express: Indian Hotels

Last Updated: Monday, February 11, 2013, 20:46

"The company (IHCL) had received a response from Orient- Express Hotels on November 8, 2012 wherein...The view of the company's (Orient) board was that it would be in their opinion a highly disadvantageous time to sell the company (Orient). The Company (IHCL) is reviewing its options in this regard," IHCL said while declaring its third quarter results.

Cyrus Mistry appointed chairman-designate of Indian Hotels

Last Updated: Wednesday, November 21, 2012, 09:33

Tata Sons Deputy Chairman Cyrus Mistry has been appointed as the chairman designate of Indian Hotels Company.

Tatas studying Orient-Express rejection of takeover bid

Last Updated: Friday, November 9, 2012, 21:25

Tata Group firm Indian Hotels Company (IHCL) Friday said it is reviewing the rejection of its takeover bid by the luxury hotels chain Orient-Express (OEH) board and is considering their options with respect to their offer to acquire OEH.

Indian Hotels up 3% as Orient rejects buyout offer

Last Updated: Friday, November 9, 2012, 12:39

Shares of Tata Group firm Indian Hotels on Friday rose about 3 percent after luxury hotels chain Orient Express rejected its USD 1.86 billion buyout offer.

Orient Express rejects Tatas' buyout offer, again

Last Updated: Thursday, November 8, 2012, 23:09

Luxury hotels chain Orient Express Thursday rejected the "unsolicited" USD 1.86 billion buyout offer from Tata Group firm Indian Hotels, saying the bid significantly undervalues the company.

Indian Hotels Q2 net loss at Rs 6.36 crore

Last Updated: Tuesday, November 6, 2012, 22:51

Tata Group firm Indian Hotels Company Tuesday reported a net loss of Rs 6.36 crore for the quarter ended September 30, 2012.

Hotel revenues to remain muted in short term: India Ratings

Last Updated: Sunday, November 4, 2012, 11:16

Revenue growth of Indian hotel companies are likely to remain muted in the short term as corporates resort to cost cutting measures and foreign tourist numbers decline amid sagging economic scenario, a report says.

Indian Hotels to sweeten Orient Express offer?

Last Updated: Sunday, October 28, 2012, 13:23

Tata group firm Indian Hotels Co is understood to be prepared to increase its offer from USD 1.86 billion to take full control of US-based hospitality chain Orient Express Hotels.

Tatas acquisition offer unsolicited: Orient Express Hotels

Last Updated: Friday, October 19, 2012, 14:18

US-based Orient Express Hotels has termed the USD 1.86 billion acquisition offer by Tata group firm Indian Hotels as 'unsolicited' and said it will evaluate the proposal 'carefully and respond' accordingly.