Business Standard
Friday, Jan 09, 2009
drived banner
drived banner
  Site Map | Feedback | Advanced Search | RSS | Blogs
ticker
Home > Companies & Industry Live Markets | Smart Portfolios 
  Search: Google

Corporates look for options as Taj, Oberoi out of bounds
Press Trust of India / Mumbai December 1, 2008, 20:22 IST

Corporate houses in the financial hub may now have to look elsewhere to hold conferences and company meetings after Taj and Oberoi have become out of bounds in the face of the terror attack and subsequent security beef-up.

 
 
News Now
Paper
Specials
- Asian markets tumble; Indian markets closed on Thursday
- Satyam fraud to see CEOs huddle on corporate governance
- Raju family stake in Satyam falls to 2.34%
- Satyam may axe 10k employees next month: Headhunters
- Satyam embarks on damage control exercise
- RIL ceases gasoline sale to Iran
More  

"Other hotels like Marine Plaza or Intercontinental in South Mumbai may get a bigger slice of the pie now that Taj and Oberoi, the number one and two options are out of the question. Corporates also have the option of holding press conferences and board meetings within their own premises," Ogilvy and Mather public relations partner Lalitha Iyer said.

Corporates can hold press meets at various standalone banquet halls, she said, adding that there would definitely be some inconvenience.

"The impact will certainly be felt.... The free-for-all movement will stop since everybody is concerned about security now. While it is very convenient to attend a conference in one of the south Mumbai hotels, travelling to the central and northern parts of the city would cause inconvenience to the journalists," Adfactors Group Chairman Rajesh Chaturvedi said.

Other less preferred hotels such as the ITC or new ones like the Four Seasons at Worli in the central part of the city would be more than happy to receive the business that will come their way now, he said.

"There is nothing anyone can do about the inconvenience and the media also understands. There are other options where firms can have conferences. There is the CII club, the Press Club.... With regard to stepping up security at hotels, it is better to be safe than to be sorry," public relations firm Hanmer & Partners Managing Director Sunil Gautam said.

  Read Business news in 
  Get Home Loan Counselling From HDFC - click here to know more.
  India's premier online business magazine
  Free E-book on The Future of Business Intelligence
Share this Story  
 
 
Discussion Board / User Comments
Display Name  
Post your commentMax limit:500 characters 
Most Popular
Read
E-Mailed
Commented
   
- Satyam tremors rock markets
- PwC faces axe from major clients after Satyam fiasco
- SEZ land purchase is commercial realty: RBI
- Windows 7 beta to be available worldwide from tomorrow
- Retired, but want to work? Help is at hand
 
 
 More  

BS Poll
Cast Your Vote
 
   
 
Will Satyam Computer the company survive the current crisis?
  Yes  No
Submit

   Hot Searches  
 
Ramalinga Raju’s |  CitiBank  |  Satyam  |  Playstation 3  |  maytas  |  Reliance |  RBI |  Chidambaram |  Jet-Kingfisher |  Gold  |  India US Nuclear Deal |  Ratan Tata |  Bailout plan |  ICICI |  6th Pay Commission |  B-School |  Mukesh Ambani |   |  Chandrayaan |  DLF |  Ranbaxy |  Sensex | Tax calculator |  Anil Ambani |  Infosys  | Home Loan  | Bollywood | Subprime Crisis | Personal Finance |  inflation | oil prices  
 
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com