The 112-year old hotel chain has readied a three-pronged turnaround plan The Taj Group, owned by Indian Hotels, which is weighed down by mounting losses and heavy debt, is hopeful of a turnaround......
A year after getting a fresh five-year extension of term, Indian Hotels Managing Director and Chief Executive Raymond Bickson has stepped down. The board, which met on Thursday, accepted his......
Global players with long-term ambitions are encouraged by the prospects for India's hospitality sector, where revenues are expected to more than double to $36 billion by 2018 from $17 billion in......
The Indian Hotels Company, owned by Tata Sons, recently launched a new brand, Vivanta by Taj, in the upper upscale segment. The brand covers three new hotels in Bangalore, Goa and Maldives and 16......
Mumbai-based property developer Oberoi Constructions, led by billionaire Vikas Oberoi, is planning a Rs 4,000 crore ($1 billion) initial public offer by year end. Vikas Oberoi, also known as Vikki......