Indian Hotels shareholders against court battleThe EGM was termed infructuous after Mistry voluntarily stepped down from all listed Tata Group companies, making the resolution to vote hi...
Indian Hotels shareholders urge Cyrus Mistry to not go to courtThe EGM was termed infructuous after Mistry voluntarily stepped down from all listed companies, making the resolution to vote him out unnec...
'What if Tatas withdrew guarantees to IHCL?'“We would like to know if the independent directors noted this dichotomy and asked Mistry about the allegation that eroded market value,“ s...
Tatas may question 'independence' of some Taj directorsLast Friday , all six independent directors of IHCL (better known as Taj Hotels) backed Mistry's continuation as IHCL chairman.
Crucial Indian Hotels Company Ltd board meeting todayThe IHCL board is meeting on Friday to consider the September quarter results and Cyrus Mistry will chair the meeting.
Financial statements offer true view of state of affairs: IHCLHe had said that "the capital employed in those companies has risen from Rs 1.32 lakh crore to Rs 1.96 lakh crore (due to operational losse...
Potential Tata cos’ write-down could be over estimatedAlmost two-thirds of the group’s net worth of Rs 1.74 lakh crore will be eroded if they write off the full value.
USL constitutes 40 per cent of British drinks giant Diageo’s sales volumeUSL raised Diageo’s production by 90 million cases and revenue by £921 million, accounting for 9 per cent of the liquor company’s net sales.
United Spirits aims to be a responsible marketer of alcohol; changes culture & adopts new strategiesThe initiative comes in the back drop of an ongoing boardroom battle whereby former promoter Vijay Mallya has refused to accept a Board dem...
Hotel Sea Rock's saga: Sapped the Luthria family that owned itHotel Sea Rock's saga has sapped the family that owned it but, at last, the chapter seems to be well and truly over.
- Holidays Ahoy! Find exotic beach getaways for your family this summer
Family fun gets doubled when beaches are neither crowded nor too desolate. The Providenciales has lovely stretches at Taylor Bay and Grace ...
- Indian Hotels in talks to acquire Sea Rock
Indian Hotels Company (IHCL), owners of the Taj group of hotels, is in negotiations to acquire Mumbai’s Sea Rock hotel in a deal estimated ...