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ORIENT EXPRESS HOTELS
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Quote of the Day by Agatha Christie: 'Follow your instinct. It's the best…'—Inspiring quotes by the 'Queen of Crime' and author of best-selling book 'And Then There Were None'Quote of the Day: Agatha Christie's enduring advice, "Follow your instinct. It’s the best advice," resonates today, reflecting her mastery ...
Indian Hotels gives up pursuit of Orient Express HotelsAfter two unsuccessful attempts, Tata group hospitality chain Indian Hotels Company Ltd (IHCL) today said it would not pursue its USD 1.86 ...
Subdued business expected from EIH and India HotelsIn the quarter to March, East India Hotels reported a 40% dip in net profits to Rs 27 crore year-on-year. Net sales grew 6% to Rs 342 crore...
- Hold onto Indian Hotels: JP Morgan
A JP Morgan report believes that Indian Hotels' stock would see some investors' interest if the company's drop its bidding for acquiring Or...
Orient Express posts Q3 profit; to reply to Tata group's offer in due courseOrient Express today said it is consulting financial and legal advisors on the Tata group's takeover bid and will reply to the offer in due...
Indian Hotels may raise Orient Express offer, take full control: SourcesThe Indian firm is reportedly willing to sweeten the offer if it gets to go through the books of the American firm and found "more value".
Orient Express Hotels board may reject bid by Indian HotelsMost analysts feel that the board may hold out for a better offer than the $12.63 per share offered by Indian Hotels, a Tata Group company.
- Acquisition of Orient-Express Hotels to be profitable for Indian Hotels
IHC can benefit from the acquisition though Orient-Express's weak business over the past 6 years remains a short term concern.
Straight out of Agatha Christie: Why Tata IHC's Orient Express bid has historical and literary valueOrient-Express has something for which the history-conscious Tata group will be ready to walk the extra mile: A lasting name.
- Indian Hotels shares fall 5.5 per cent to 66.35 on Orient Express takeover bid
IHC shares fell to 66.35 on concerns its financial health will deteriorate if it buys Orient-Express Hotels for which it made a bid of $1.8...
- Tatas' acquisition offer unsolicited: Orient Express Hotels
While it did not spell out its immediate course of action, Orient Express said it will evaluate the proposal carefully and respond in due c...
Indian Hotels Company makes $1.86 bn offer to buy Orient-Express HotelsIndian Hotels Company, the hospitality chain owned by the Tatas, along with an Italian fund has offered to buy Orient-Express Hotels Ltd (O...
Indian Hotels makes $1.86 bn offer to buy NYSE-listed Orient ExpressIndian Hotels said it had acquired 6.9% stake in Orient Express during 2007 and 2009, and now will make an offer to buy the remaining 93.1%.
IHCL's Orient-Express stake value dips 76 per centIndian Hotels Company Limited has seen value of its stake in Orient-Express erode by almost three-fourths the original cost of investment.
- Checking in again: IHCL in talks with Orient Express Hotels
Indian Hotels Company plans to increase the number of Gateway hotels to 50 from 32 within three years.
- Indian Hotel eyes higher Orient stake
Indian Hotels’ vice-chairman RK Krishna Kumar said his company would be happy to raise its stake in Orient-Express Hotels where it currentl...
- Tatas want apology from Orient-Express Hotels
Indian Hotels, smarting under the rebuff handed down by Orient-Express Hotels, has called upon the foreign luxury hotel chain to apologise ...
- Tata buys 11.5 pc stake in Orient-Express for $247mn
Indian conglomerate Tata group has raised its stake to 11.5 per cent in Orient-Express Hotels, while proposing a strategic tie-up with the ...
- Orient-Express spurns Indian Hotels' overtures
Orient-Express Hotels strongly rebuffed the Tata group’s overtures for an alliance between the two and hinted that the purchase of 10% stak...