Page 5 - Ihcl

Meet Peter Kerkar, the man behind a travel firm's unpleasant journey

A travel and tourism competitor, who met Kerkar at corporate events, says, "He seemed to have many irons in the fire, and it was hard to tell how these businesses were all doing"

Indian Hotels looks East, signs three-hotel deal with Ambuja Neotia Group

This and three other properties being developed by the Kolkata-based Group will enable IHCL to double the number of rooms to 2,000 in four years in a strategically important region for the company

Hospitality firms may go for fund raising to stay afloat as recovery eludes

EIH's successful rights issue to help firm reduce debt substantially, paves way for more companies to actively consider fund raising

Indian Hotels to acquire remaining stake in ELEL from Nanda family

The buyout will make IHCL, the 100% owner of Sea Rock Hotel

Sales, revenue to be impacted in Q1, Q2 of FY21 due to Covid-19: TAJGVK

In a regulatory filing, the company said since the situation is exceptional and is changing dynamically, it is not in a position to gauge with certainty the future impact on its operations

The AGM: Obituary of a unique Dalal Street tradition

These shareholder-led AGMs are a throwback to the pre-reforms era when the annual meetings served to engage and reassure shareholders and often hit them up for more capital

Tata's IHCL plays catch up with Marriott, plans to open 1 hotel each month

The new destinations that will be opened include the Taj Fateh Prakash Palace in Udaipur, the Devi Ratn in Jaipur and the Taj Convention Center Goa, in central Goa

IHCL gets permission to build flagship hotel for Ginger brand

Ginger now operates 50 hotels, and is developing another 16

CG Hospitality joins IHCL to open Taj Jumeirah Lakes Towers in Dubai

As per the agreement, IHCL will manage and operate the property, CG Hospitality said

Indian Hotels margins have room for expansion with better cost optimisation

Cut in GST rate to 18% from 28% will help sector, says company

IHCL posts Q2 profit at Rs 69.3 cr; total income rises 4.8% to Rs 1,028 cr

It had posted a net loss of Rs 5.57 crore in July-September quarter a year ago, Indian Hotels Company Ltd (IHCL) said in a filing to the BSE

Indian Hotels Company plans 10 more Taj-branded luxury hotels by 2020

IHCL Chief Executive Officer (CEO) Puneet Chhatwal said by 2020, the company would open 10 new luxury

IHCL to pump Rs 3,000 crore for brand expansion in next 5 years

The capex for the next year is Rs 300 crore to fund the expansion

IHCL faced 'near-death experience' due to acquisitions: Cyrus Mistry

No immediate comments were available from IHCL

IHC brings all its hotels under Taj brand, drops Vivanta and Gateway

Official says that new brand identity honours renowned legacy of Taj to create a greater brand resonance

Taj Mansingh Hotel gives best revenue to NDMC: IHCL to SC

The company told the SC that it wasn't clear why the NDMC wanted to auction such a prime property

Proxy firm questions role of IHCL independent directors

Mistry attributed all the problems to decisions taken before his assuming the chairman's position in 2012, which he described as legacy hotspots

IHCL to decide future action in sexual harassment case based on committee's findings

A Taj employee had written to Cyrus Mistry about the alleged sexual harassment by CEO Rakesh Sarna

HC rejects IHCL's suit against NDMC auction order

IHCL was seeking renewal of licence to run Taj Mansingh Hotel in Delhi and restrain NDMC to auction it

Taj, Leela sell assets to get lighter

The luxury chain of hotels and resorts, operating under the Leela brand, sold its second property, at Goa, for Rs 725 crore last year