Tatas make $1.86 bn offer to buy Orient Express Hotels

Last Updated: Thursday, October 18, 2012, 21:57

Tata group firm Indian Hotels Company Thursday said it will make an offer to acquire US-based Orient Express Hotels, which owns a chain of luxury hotels in US and Europe.

Tatas to run Taj Mansingh hotel for another year

Last Updated: Friday, September 28, 2012, 08:39

The hotel is being run by IHC on a 33-year lease, which expired last year and was extended till October 2012.

Tata Sons raises stake in Indian Hotels Company

Last Updated: Wednesday, September 26, 2012, 23:29

The shares were purchased at an average price of Rs 62.3, valuing the deal to Rs 28.84 crore.

Premium hotels' profitability to plunge, says Crisil

Last Updated: Tuesday, September 11, 2012, 19:26

"Slowing demand growth, large-scale room additions will cause occupancy rates of premium hotels in these cities to slip," Crisil said.

Indian Hotels loss widens 50% on forex loss, new investments

Last Updated: Wednesday, August 8, 2012, 22:30

However, the company's turnover improved by 20 percent to Rs 852.57 crore for the quarter, from Rs 711.64 crore in the same period year ago.

Tata rules out taking over Orient-Express; Ginger IPO on anvil

Last Updated: Friday, August 3, 2012, 23:26

Indian Hotels Company, that operates the Taj brand of hotels and resorts, has no immediate plan to take over the New York-based Orient-Express, though it will look at the option as it is a long-term investment, Tata Group Chairman Ratan Tata said Friday.

Tata Sons hikes stake in IHCL by 4.78% for Rs 497.47 cr

Last Updated: Wednesday, June 27, 2012, 16:35

Indian Hotels Company Ltd (IHCL) and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces.

Indian Hotels allots shares worth Rs 497 cr to Tata Sons

Last Updated: Friday, June 22, 2012, 18:22

Indian Hotels Company Ltd Friday said its directors have approved allotment of 4.8 crore equity shares worth Rs 497.47 crore to Tata Sons Ltd, the promoter of all key Tata group companies.

Indian Hotels Q4 net profit down to Rs 65.21 cr

Last Updated: Monday, May 28, 2012, 21:05

In the three months ended March 2011, the firms net profit was Rs 93.93 crore, it said in a filing to the BSE.

Indian Hotels Q3 Net up at Rs 50.48 crore

Last Updated: Wednesday, January 25, 2012, 21:46

The company's net profit for the corresponding quarter of the last fiscal was Rs 50.29 crore.

Indian Hotels Company Q2 net profit at Rs 8.12 crore

Last Updated: Friday, October 28, 2011, 14:04

Indian Hotels Company Friday reported profit after tax of Rs 8.12 crore for the second quarter ended September 30, 2011, over the same period previous fiscal.

Hotel room rates in India rose 1 % in Jan-June

Last Updated: Tuesday, September 20, 2011, 21:08

Hotel room prices in India saw a modest increase of one percent in the first half of 2011 over last year, making the country one of the cheapest destinations for travellers across the globe, according to a report by Hotels.com.