Analysts also expect IHCL to maintain a valuation premium to peers due to its strong brand, which would aid pricing and occupancy levels
Shares of Indian Hotels Company have rallied 105 per cent from its 52-week low levels hit in May last year
Originally opened in 1975 at the Taj Mahal Palace in Mumbai, The Chambers came to Delhi in 1982
Initiative at the Taj Wellington Mews, Chennai, comes ahead of Women's Day; property will also generate employment locally
WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers
The chart looks attractive for further upside movement in SPARC with the RSI indicator also showing a trend reversal
Hospitality major Indian Hotels Company Ltd (IHCL) on Thursday said Manish Gupta has been appointed as the chief executive officer of TajSATS Air Catering Ltd.
The buyout will make IHCL, the 100% owner of Sea Rock Hotel
To lend a sharper focus to the non-hotel brands, two years ago, the hospitality arm of the Tata group, regrouped them under an umbrella brand called Expressions
From financial services to manufacturing firms, corporate leaders are taking steps to ensure diversity and inclusiveness
On the sectoral front, PSU banks and FMCG stocks made decent gains while realty, metal. and media counters suffered losses
Strong occupancy rates and muted increase in new rooms to keep the demand-supply scenario favourable for the next 5 years; top listed players to benefit more
The Tata Group company reported a consolidated net profit of Rs 71 crore during the quarter, against a net loss of Rs 5 crore in a year-ago period.
Cut in GST rate to 18% from 28% will help sector, says company
The stock was up 5% to Rs 137 on BSE in intra-day trade after Tata Sons acquired more than 6% stake in the company from three promoter entities as part of restructuring the investment portfolio
The Tata hotel chain's tech platforms and round-the-clock command centre have helped in attracting digital natives
Shares of Indian Hotels Company today closed at Rs 114.50 per scrip on the BSE
The stock was donw 6% at Rs 112.50, extending its Monday's 3% fall on BSE.
NDMC wanted to auction the lease, as was the mandate under the New Delhi Municipal Act, 1994
SC often held selection criteria for govt auction are left to discretion of administrative authority