The company that owns the Taj Mahal Palace hotel in the megapolis, which is one of the most iconic landmarks in the city, will invest nearly ₹5,000 crore in capex to achieve these objectives, or 5-6% of its annual turnover through the remainder of the decade, Puneet Chhatwal, managing director and chief executive of the company, told reporters here Tuesday.
The Tatas roped in Chhatwal in November 2017 to turnaround the heavily loss-making company. When he took over, ICHL was saddled with a debt pile of ₹3,000 crore and a consolidated revenue of ₹4,000 crore from which it had earned a paltry ₹63 crore.
Esta historia es de la edición November 20, 2024 de The New Indian Express Bengaluru.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 20, 2024 de The New Indian Express Bengaluru.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Ashwin's big spin: Bye to int'l cricket
NTRIGUE and suspense, the moments leading up to the revelation seemed like an episode right out of the pages of mystery books.
Health dept flags 26 meds as misbranded
THE health department has flagged 26 medicines -- eight as spurious or fake and 18 as misbranded -- which are consumed for acidity, pain relief, cholesterol, iron deficiency, and nasal congestion.
Modi raps Cong over demand for Shah's axe
Attacks Kharge claim on Ambedkar's insult
NANA PATEKAR, RANDEEP HOODA JOIN VISHAL BHARDWAJ'S NEXT
Vishal Bhardwaj's yet-to-be-titled film with Shahid Kapoor and Triptii Dimri now has a release date.
I prefer simple stories and fantasy dramas to historical roles'
Kichcha Sudeep is all set to make a return to the silver screen after more than two years with his high-octane action-thriller Max, releasing this Christmas.
UI eyes for 4,000 shows worldwide
PENDRA's return to the director's chair after a nine-year hiatus has sparked immense excitement among fans across India and worldwide.
WINE, VINES & A PERFECT GETAWAY
A long-awaited one-day vineyard getaway from Bengaluru is finally possible now; and it's as delightful as it is unexpected and affordable...
Boy who evolved as a match-winner
BACK then, few would have imagined a young boy from West Mambalam, Chennai, who enjoyed playing tennis ball cricket with his father Ravichandran, would one day go on to play for his state and then take 537 wickets for India in Tests.
Halep gets wildcard for Oz Open qualifier
SIMONA HALEP was handed a wildcard for Australian Open qualifying on Wednesday as the two-time Grand Slam champion attempts to ramp up her return to tennis following a doping ban.
PKL: Tamil Thalaivas rout Warriorz 60-29
MOEIN SHAFAGHI and Himanshu dished out superb performances as Tamil Thalaivas thrashed Bengal Warriorz 60-29 in their Pro Kabaddi League match here on Wednesday.
