Articles about IHCL

Courtesy coronavirus, hotel industry stares at oblivion; recovery unlikely soon

03 Jun 2020

Business
Courtesy coronavirus, hotel industry stares at oblivion; recovery unlikely soon

In the months to come, nations are bound to ease restrictions. Some, like India, have already started. But it will be long before the hotel industry bounces back to the pre-coronavirus days.

#MeToo: Former Taj Hotels' employee names then CEO as harasser

01 Nov 2018

India
#MeToo: Former Taj Hotels' employee names then CEO as harasser

In November 2015, a Taj Hotels employee resigned and in letter alleged the then CEO and MD, Rakesh Sarna sexually harassed her.

Tatas retain Taj Mansingh hotel, to pay Rs. 7cr/month

28 Sep 2018

Delhi
Tatas retain Taj Mansingh hotel, to pay Rs. 7cr/month

The iconic Taj Mansingh hotel in Lutyen's Delhi was retained by the Tata Group in an auction by the New Delhi Municipal Council (NDMC) today, an NDMC official said.

Delhi: Taj Mansingh to go under the hammer again

24 Jun 2018

Delhi
Delhi: Taj Mansingh to go under the hammer again

After an unsuccessful first attempt at auctioning Delhi's luxury hotel Taj Mansingh, NDMC has decided to conduct a fresh bid for the property on July 18.

Delhi Taj Mansingh takeover battle: The Tata Group v ITC?

22 Apr 2017

India
Delhi Taj Mansingh takeover battle: The Tata Group v ITC?

With the Supreme Court allowing e-auction of Delhi's Taj Mansingh hotel, Tatas and ITC are likely heading for a fierce takeover battle.

Delhi: NDMC gets SC nod for auctioning Taj Mansingh hotel

20 Apr 2017

Delhi
Delhi: NDMC gets SC nod for auctioning Taj Mansingh hotel

The Supreme Court allowed the North Delhi Municipal Corporation to e-auction Taj Mansingh Hotel, the five-star run by Tata Group firm Indian Hotel Company Ltd (IHCL).

Cyrus Mistry seeks government intervention in Tata Trusts

05 Dec 2016

Business
Cyrus Mistry seeks government intervention in Tata Trusts

After being ousted from Tata Sons, Cyrus Mistry asked the government to mediate in the affairs and business decisions of the Indian conglomerate.

Tatas look to bring old guns to head key companies

30 Nov 2016

Business
Tatas look to bring old guns to head key companies

Sources said that Tata Sons is considering bringing back veterans to head key group companies in light of the Tata-Mistry split.

Wadia, Mistry to contest removal from Tata Motors

28 Nov 2016

Business
Wadia, Mistry to contest removal from Tata Motors

Nusli Wadia and Cyrus Mistry will contest the proposal to remove them from Tata Motors; Tata Sons called for an EGM of Tata Motors to take stock of the Tata-Mistry fall-out.

Tata-Mistry spat continues unabated

27 Nov 2016

Business
Tata-Mistry spat continues unabated

Sources have revealed that Cyrus Mistry and Nusli Wadia are likely to address the Tata Steel EGM; sources said that both Wadia and Mistry intend to make a written and oral presentation to shareholders.

Cyrus Mistry fired as Tata Steel Chairman

25 Nov 2016

Business
Cyrus Mistry fired as Tata Steel Chairman

After Tata Power and Tata Chemicals, Tata Steel's board expelled Cyrus Mistry as their Chairman.

Harish Manwani to lead Tata Group?

25 Nov 2016

Business
Harish Manwani to lead Tata Group?

Sources revealed that former Unilever COO Harish Manwani is being considered as a candidate to possibly lead the Tata Group as new Chairman.

TCS shareholders to vote for Mistry's removal

18 Nov 2016

Business
TCS shareholders to vote for Mistry's removal

Tata Consultancy Services has become the first group company to call a shareholders meet to decide upon Cyrus Mistry's removal; the meeting is scheduled for 13 December.

Tata Global Beverages replaces Cyrus Mistry as Chairman

17 Nov 2016

Business
Tata Global Beverages replaces Cyrus Mistry as Chairman

Tata Global Beverages informed stock exchanges their board decided to replace Cyrus Mistry as Chairman by a majority vote.

Mistry defends independent directors

14 Nov 2016

Business
Mistry defends independent directors

Cyrus Mistry lambasted Tata Sons for questioning the loyalty of the independent directors of Indian Hotels Limited and Tata Chemicals; Mistry contended that six out of the nine directors were appointed under Ratan Tata's leadership and two were trustees of the Ratan Tata Trust.

2 unions of Tata Motors support Ratan Tata

13 Nov 2016

Business
2 unions of Tata Motors support Ratan Tata

Two unions of Tata Motors, representing over 16,000 workers, came out in support of Ratan Tata ahead of a board meeting of the company.

Mistry still Tata Steel head; Board deeply divided on Mistry

12 Nov 2016

Business
Mistry still Tata Steel head; Board deeply divided on Mistry

At the Tata Steel board meeting, independent directors remained split on the question of supporting Chairman Cyrus Mistry.

Tata's attempt to remove Mistry from all group companies.

11 Nov 2016

Business
Tata's attempt to remove Mistry from all group companies.

After removing Cyrus Mistry from the board of Tata Consultancy Services, the Tata Sons group is making attempts to remove Mistry from the boards of all group companies.

TCS: Mistry to be replaced by Ishaat Hussain

10 Nov 2016

Business
TCS: Mistry to be replaced by Ishaat Hussain

Tata Sons has directed their group company Tata Consultancy Services to appoint Ishaat Hussain as their new interim chairman in place of Cyrus Mistry.

Govt to take stock of Tata-Mistry dispute

08 Nov 2016

Business
Govt to take stock of Tata-Mistry dispute

Finance Minister Arun Jaitley has summoned the independent directors of Tata Group Companies to take stock of the fall-out of the Tata-Mistry split.

What made news last week?

07 Nov 2016

India
What made news last week?

The Samajwadi Party's infighting showed no signs of abating, spilling over into the party's silver-jubilee celebrations.

Indian Hotels Company's 6 directors publicly repose faith in Mistry

05 Nov 2016

Business
Indian Hotels Company's 6 directors publicly repose faith in Mistry

6 independent directors of Indian Hotels Company (IHCL) publicly showed faith in Cyrus Mistry's management ahead of the scheduled board meeting.

Turbulent times continue at Tatas

04 Nov 2016

Business
Turbulent times continue at Tatas

Sources stated that the Mistry family does not wish to sell the 18.5% stake it has in Tata Sons.

Mistry remains chairman of 2 Tata group units

02 Nov 2016

Business
Mistry remains chairman of 2 Tata group units

The Tata empire seemed to be in jeopardy as Cyrus Mistry remained the chairman of 2 group units; Tata Sons doesn't hold a majority in Tata Power and Tata Motors.

Mistry may be covered by Tata Director's Insurance

31 Oct 2016

Business
Mistry may be covered by Tata Director's Insurance

Reports indicate that Cyrus Mistry may be covered by a Director's insurance policy purchased by Tata sons, to protect top level management from legal action initiated by shareholders, employees or authorities.

More resignations; Tata, Mistry meet PM

30 Oct 2016

Business
More resignations; Tata, Mistry meet PM

Tata Public Affairs Head Madhu Kannan and Group Strategy Executive Nirmalya Kumar resigned in solidarity with Cyrus Mistry.

Tata loses over Rs.44,000 crore market cap in 3 days

28 Oct 2016

Business
Tata loses over Rs.44,000 crore market cap in 3 days

Amid the ongoing controversy surrounding Cyrus Mistry's hurried exit from Tata, the company lost over Rs.44,000 crore worth of market capitalization in just 3 days.

Pushed into the position of 'lame duck' chairman: Cyrus Mistry

27 Oct 2016

Business
Pushed into the position of 'lame duck' chairman: Cyrus Mistry

Following his dismissal, Tata Sons Ex-Chairman Cyrus Mistry has leveled several allegations against Ratan Tata and Tata Sons.