Page 13 - Indian Hotels

Indian Hotels against Taj Mansingh auction order

The present dispute arises out of a decision by NDMC to auction Taj Mansingh to the highest bidder

Indian Hotels challenges HC court order on Taj Mansingh auction

The court had declined the company's plea for renewal of licence

Indian Hotels stock unfazed by auction order for Taj Mansingh

Company was seeking a renewal of licence on grounds of the equity investment it had made in the property

Indian Hotels CFO quits 4 days after reappointment

The Taj Group has seen senior-level exits in the past 1-2 years

Indian Hotels' loss widens to Rs 9 cr

The company had posted a net loss of Rs 4.8 cr in the same quarter previous financial year, Indian Hotels said

Indian Hotels to gain from premium segment demand

Despite re-rating, steam still left as price targets are Rs 160-200

Indian Hotels sells Taj Boston for $125 mn

Net sale proceeds will be utilised to retire outstanding debt; Taj Boston's total revenue in 2015-16 dipped 1.15%

Hotels opt for mixed use land development

Escalating land costs make this inevitable, to lessen risk and get financing

Tatas exit Belmond nearly, with another loss

Sells 5.1% stake at $9.57 a share on average; it paid $35 a share to buy into Belmond 7 years ago; now it holds 0.44%

Make room for Indian Hotels in your portfolio

Favourable sector dynamics and deleveraging moves signal further upside from current levels

Indian Hotels to focus on key Indian cities, GCC, SE Asia for expansion

On Wednesday, the company announced the plan to sell its Taj Boston hotel for a base price of $125 million

Indian Hotels to check out of Taj Boston to pare debt

Net loss before tax for the Boston-based property has widened to $7.3 mn in 2015-16 as against $6.7 mn in 2014-15

Indian Hotels to sell Taj Boston for not below $125 mn

Net loss before tax for Boston-based property has widened to $7.3 mn in 2015-16 as against $6.7 mn in 2014-15

Indian Hotels reboots by going asset-light

The Tata Sons-promoted hotel chain has exited six properties, liquidated shares in Belmond and decided to run hotels on management contract

Indian Hotels sells stake in Belmond at loss

At an average of $9.4 a share, firm is taking a massive hair cut compared to $35 it paid to buy the shares 6-7 years ago