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Tatas get another 4-month extension to operate Taj Mansingh

Last Updated: Friday, March 21, 2014, 21:10

The Tata-owned Indian Hotels Company Limited on Friday got another extension to operate the iconic Taj Mansingh hotel here as New Delhi Municipal Council did not get any response from the Solicitor General on the auction and the current lease expires on March 31.

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 02, 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 09, 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.

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 07, 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.

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.