Feb 10, 2017 06:32 PM IST
Chinmai Sharma, Chief Revenue Officer, Taj Hotels Resorts and Palaces told CNBC-TV18 that the restructuring exercise is basically a move towards â€˜mono-branding‘ from â€˜house of brands‘. It means we will basically be putting â€˜Taj‘ in front of everything that we do
- Dec 12, 2016 08:27 PM IST
Just days before Tata Steel Board convenes an extraordinary general meeting) on December 21 for the removal of Nusli Wadia as independent director of the company, Wadia has written a letter to Tata Steel shareholders saying the allegations levelled against him are false and baseless.
- Nov 11, 2016 10:15 PM IST
Sources have revealed OP Bhatt, M Srinivasan and Andrew Robb refused to back Nusli Wadia's pro-Mistry resolution.
- Nov 04, 2016 07:29 PM IST
As per a statement released post the meeting, the independent directors expressed full confidence in chairman Cyrus Mistry and praised his leadership skills. They also lauded the steps taken by Mistry in providing strategic direction to the company.
- Nov 04, 2016 04:54 PM IST
The board is also going to discuss the acquisitions that the management has made overseas after Mistry alleges in his scathing letter to the board that these acquisitions could face part write downs of upto USD 18 billion.
- Oct 19, 2012 10:57 PM IST
CNBC-TV18's Menaka Doshi reports that Indian Hotels hopes to be third-time-lucky when it comes to acquiring Orient-Express Hotels. Indian Hotels vice-chairman RK Krishna Kumar says that the latest USD 1.2-billion bid should win the day as it is at a handsome 40 percent premium.