Taj Mansingh

The auction had to be put off twice as it got less than the required number of bids for the five-star property to go under the hammer.

Taj Mansingh to finally go under hammer on July 18

The much-delayed auction, which was to be held this month, was cancelled since only Tata Group's Indian Hotels Company Limited (IHCL) - the existing operator - bid for retaining the property. The bid of the only other participant, ITC, was not accepted on technical grounds.

NDMC may set Taj Mansingh auction date within a month, tender unchanged: Report

Tata Group's Indian Hotels Company Ltd (IHCL) had emerged as the only bidder for the property last week

Indian Hotels emerges as the sole bidder at Taj Mansingh auction

This is despite NDMC easing the eligibility criteria earlier yhis year that allowed most 5-star hotel operators to make a bid.

ITC examining options for Taj Mansingh auction

The Tata Group hospitality arm, Indian Hotels Company, has already said it intends to participate in the bidding for the property, which it has been running for decades. When contacted, ITC declined to comment.

Home ministry backs decision to auction Taj Mansingh Hotel

The Home Ministry today strongly backed the NDMC's decisions to auction Taj Mansingh Hotel and cancel the licence of Le Meridien hotel, saying the groups concerned can acquire them again by paying more.

NDMC to decide on Taj Mansingh auction process on Nov 3

With the Delhi High Court clearing decks for auctioning of the iconic Taj Mansingh Hotel here, the New Delhi Municipal Council (NDMC) is mulling over the future course of action for auction of the property.

Taj Group bats to retain iconic Mansingh hotel

The Taj Group on Thursday put up a spirited defence over the auction of the iconic Taj Mansingh hotel in Delhi High Court. Its counsel Harish Salve fired a salvo against the New Delhi Municipal Corporation arguing why there should be a renegotiation over the lease agreement, reports CNBC-TV18‘s Ashmit Kumar.

NDMC set to auction Taj Mansingh Hotel

The three decade old marquee Taj Mansingh hotel run by the Tata's in Lutyens Delhi will go under the hammer. With EY deciding not to renew its contract to act as a transaction advisor, the NDMC has to first float a tender to get a new consultant on board.

Marriott International eyes 100 hotels in India by 2017-18

In a CNBC-TV18 exclusive, Simon Cooper, president and MD - Asia Pacific, Marriott International said he will participate in Taj Mansingh's auction only with a partner in real estate.

Taj Mansingh auction: NDMC to reply to MHA note by Aug end

In September last year, the municipal body had decided to give one-year extension to the Tatas besides giving the first right of refusal in an auction to be conducted within one year.

Taj Mansingh lease row: NDMC to study court notice

The New Delhi Municipal Council (NDMC) today decided to study the court notice before finalising the process of auctioning Taj Mansingh, presently run by the Tatas.

NDMC to auction Taj Mansingh Hotel; premier bids expected

Next week the Delhi administration may finalise the auction terms of the landmark Taj Mansingh Hotel.

Tata positive about renewing Taj Mansingh lease

The lease for the famous Taj Mahal Hotel, one of Tata‘s most iconic properties in Lutyens, Delhi popularly known as Taj Mansingh is about to expire in October. However, Tata is positive of renewing its lease.

Will bid for Taj Mansingh if it is auctioned: Sahara India

Subrato Roy, head of the Sahara Group, today said that they will make a bid for the Taj Mansingh Hotel if it is put up for sale.