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Tatas ready to go all out on Taj Mansingh bid

NDMC to fix terms of auction today

Nivedita Mookerji & Ajay Modi  |  New Delhi 

The Tatas are preparing to bid aggressively for the Taj Mansingh hotel as the New Delhi Municipal Council (NDMC) plans to fix the terms of reference and the date of auction at a crucial meeting on Monday, multiple sources said.

But, the group is likely to keep business viability in mind while bidding, in sync with Tata Sons Chairman N Chandrasekaran’s focus on profitability. Besides the Tata group’s Indian Hotels Company (IHCL), which operates the 294-room Taj Mahal Hotel (popularly known as the Taj Mansingh) in Lutyens’ Delhi, other hospitality majors in India and ...

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First Published: Mon, October 16 2017. 01:34 IST
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