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Indian Hotels delists GDRs from London Stock Exchange

Last Updated: Tuesday, June 30, 2015, 16:51

Consequently, the company has also issued a notice to Citibank N.A for termination of the existing depository agreements of the GDRs, it added.

NDMC ropes in SBI Cap as advisor for Taj Mansingh auction

Last Updated: Tuesday, June 16, 2015, 17:37

The New Delhi Municipal Council (NDMC) has selected SBI Cap, which was the Centre's advisor for the coal auctions, to be its transaction advisor for the auction of the iconic Taj Mansingh hotel here.

NDMC defers Taj Mansingh auction; IHCL gets 3-month extension

Last Updated: Saturday, June 13, 2015, 12:01

The last extension was given on March 25 and the current lease agreement, which expires on June 30, has now been extended till September 30.

Indian Hotels' Q4 net loss narrows to Rs 119.15 crore

Last Updated: Friday, May 29, 2015, 19:46

Tata group hospitality major Indian Hotels Company has narrowed its standalone net loss to Rs 119.15 crore for the quarter ended March 31, 2015.

Indian Hotels to delist GDRs from London Stock Exchange

Last Updated: Thursday, May 21, 2015, 21:26

Tata Group's hospitality arm Indian Hotels Co Ltd, which runs a chain of luxury hotels and resorts under the Taj brand, plans to delist its Global Depository Receipts (GDRs) from London Stock Exchange, two decades after it started trading on the bourse.

Taj Group sees turnaround in two years

Last Updated: Monday, April 20, 2015, 23:11

Taj Group, owned by Indian Hotels, which is weighed down by mounting losses and heavy debt Monday said it sees the group turning around and reporting profit within two years.

Indian Hotels board clears 80.1% stake acquisition in LEPPL

Last Updated: Thursday, April 9, 2015, 16:59

Tata Group firm Indian Hotels Company (IHCL) on Thursday said its board has approved the proposed acquisition of the remaining stake in Lands End Properties for a sum not exceeding Rs 17 crore.

NDMC to auction Taj Mansingh within three months

Last Updated: Wednesday, March 25, 2015, 16:14

The Tata-owned Indian Hotels Company Ltd (IHCL) has got a three-month extension for operating the Taj Mansingh hotel with the New Delhi Municipal Council (NDMC) gearing up to complete its auction of the property by then.

Taj Mansingh to go under hammer today

Last Updated: Wednesday, March 25, 2015, 09:11

The property, owned by the NDMC, was given to Tata-backed Indian Hotels Company Limited (IHCL) on lease for 33 years.

NDMC defers decision on extension of lease to Taj Mansingh

Last Updated: Friday, March 20, 2015, 21:14

New Delhi Municipal Council (NDMC), which was scheduled to take a call today on the extension of the lease of Taj Mansingh hotel till its auctioning, has deferred the decision till March 25.

NDMC gets MHA nod to auction Taj Mansingh

Last Updated: Tuesday, March 17, 2015, 15:43

The iconic Taj Mansingh Hotel in the heart of the national capital will go under the hammer soon with New Delhi Municipal Council (NDMC) initiating proceedings after getting a go-ahead from the Union Home Ministry for its auctioning.

Taj Mansingh Hotel to be auctioned soon

Last Updated: Tuesday, March 17, 2015, 09:31

NMDC last month decided to give a two-month extension till March 31 to the IHCL for operating Taj Mansingh.