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    • Aim to move towards mono-branding: Taj Hotels

      Aim to move towards mono-branding: Taj Hotels

      Chinmai Sharma, Chief Revenue Officer, Taj Hotels Resorts and Palaces told CNBC-TV18 that the restructuring exercise is basically a move towards ‘mono-branding‘ from ‘house of brands‘. It means we will basically be putting ‘Taj‘ in front of everything that we do

    • Nusli Wadia hits back at Tatas in letter to shareholders

      Nusli Wadia hits back at Tatas in letter to shareholders

      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.

    • 3 directors refused to back Wadia's pro-Mistry resolution: Srcs

      3 directors refused to back Wadia's pro-Mistry resolution: Srcs

      Sources have revealed OP Bhatt, M Srinivasan and Andrew Robb refused to back Nusli Wadia's pro-Mistry resolution.

    • Indian Hotels back Mistry; Tatas likely to act in next 48-72 hrs

      Indian Hotels back Mistry; Tatas likely to act in next 48-72 hrs

      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.

    • Indian Hotels board meet underway; to discuss Mistry's role

      Indian Hotels board meet underway; to discuss Mistry's role

      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.

    • Indian Hotels tries to woo Orient-Express with 40% premium

      Indian Hotels tries to woo Orient-Express with 40% premium

      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.

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