Indian Hotels Company
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Tata Group's hospitality arm IHCL ties up with Singapore's GIC to invest Rs 4,000 cr in hotel acquisitions
•Tata Group's hospitality arm IHCL on Friday said it has tied up with Singapore's sovereign wealth fund GIC to invest Rs 4,000 crore to acquire hotels
#MeToo: Former Taj Hotel employee alleges sexual harassment against former CEO Rakesh Sarna; matter being investigated, says Tata Group
•Writing for a leading English daily, Anjuli Pandit, a former executive assistant to ex-MD & CEO of Taj Hotels, Rakesh Sarna, claimed she reached out to Taj board members, Tata Group Executive Council members, the chairman and the senior-most HR official with her complaint against Sarna.
SoftBank-backed Oyo is in the market to raise about $1bn; looming deal will spawn another Indian unicorn
Fp Staff •Oyo is reportedly in talks with two consortia to raise between $500 million and $1 billion.
Cyrus Mistry asks Tata companies to reject proposal to make Tata Sons private entity
•It would impose restriction on the free transferability of shares held by the companies in Tata Sons and investors would "face greater challenges" in disinvesting their shareholding in Tata Sons, a letter from Mistry family said.
Indian Hotels Company to bring all hotels under Taj brand
•The new brand architecture is designed to honour the over 100-year legacy of Taj and to realign its vision of building a globally-reputable chain of world-class hotels.
Ratan Tata-Cyrus Mistry spat: Independent directors hold the key as battle escalates
Sindhu •Tatas now plan to call an Extraordinary General Meeting (EGM) of each such listed company where Mistry has not been shown the door, to oust independent directors and seek shareholder nod for removing Mistry from Chairmanship
Ratan Tata-Cyrus Mistry row escalates, both camps gear up for no-holds-barred fight
•In its letter, Tata Sons had alleged that Mistry was trying to gain control of the group's main companies and regretted its decision to appoint him as chairman four years ago.
Mumbai Press Club gives ultimatum to Tata Sons, says remove guards or face protests
Fp Staff •On Friday, at least three news photographers were injured at the premises of Bombay House, after they were beaten up by the Tata security staff
Indian Hotels independent directors back Cyrus Mistry; Tatas lose round one?
Fp Staff •Amid chaos and skirmishes between the security guards and the media outside Bombay House here, Indian Hotels held its board meet with Cyrus Mistry in the chair -- the first for a Tata Sons firm after the 49-year-old industrialist was ousted as the group chairman.
Tata security staff beats up photojournalists at company headquarters, Bombay House
Fp Staff •Atul Kamble, a photographer with Mid-Day newspaper, who was present at the spot said the incident began immediately after Mistry went inside to attend the meeting. “They came back and started hitting photo journalists. They were even chasing the journalists to attack them. In my 20 years of journalistic career I have never seen anything like this happening at the Bombay House premises,” said Kamble.