The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.
'All the guys in this country were stuck in the 'alpha' for the longest time.' 'They were told not to cry, be the man in the house.' 'I wanted to touch upon that vulnerability and innocence that is still alive in men.'
After a silence of about three months, Orient-Express Hotels, the Bermuda-based luxury hotel chain, has finally broken its silence on the apology sought by Indian Hotels Company Limited.
The annual Global Accountability Report considered Tata Group at number 10, among the world's 30 most powerful organisations from the inter-governmental, non-governmental and corporate sector, to be accountable to civil society, affected communities and wider public.
Tata Group on Wednesday accused the management of a US-listed luxury hotel group of a "fossilised frame of mind" for suggesting the Indian group's hotel chain would be an unsuitable strategic partner, and has demanded a public apology.
Shares of the company opened firm on Thursday at Rs 147.70, up 1.58 per cent from Wednesday's close, then rallied ahead to witness an intra-day high of Rs 153 and as much as 1.05 lakh shares changed hands on the Bombay Stock Exchange. On the National Stock Exchange, the company opened at Rs 145.10, touched a high of Rs 148.50, up 2.10 per cent over its previous close and over 3.02 lakh shares got traded.
Tata's Taj Mahal Palace and Tower in Mumbai and Orient's Le Manoir Aux Quat'saisons at Oxfordshire, UK, are among the world's 17 best hotels for having food, according to the 2008 Gold List prepared by British magazine Conde Nast.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Two hundred years after George Stephenson built the steam-powered Blucher, Open Knowledge pays tribute to 200 years of rail transport.
Fourteen per cent of the $16 billion invested by Ratan Tata in M&As abroad has been written off by his successor.
Pssst, India's Royal Rajasthan on Wheels is listed among these great rail journeys.
'He has poured his blood, sweat and tears in Padmavati.' 'Now he has left the matter in the hands of his producers.'
'Yes, seriously. This was the time she was going through a bad phase; her personal life was a mess after her alleged affair with Amitabh Bachchan ended and her career was going nowhere.'
Cyrus Mistry undertook quite a few significant initiatives at the Tata Group in the past two years.
The company divests from properties abroad to focus on its key markets.
The 36 new properties, which will also include expansion across two new countries, will add 5,431 rooms.
When trains and stations become desirable again, we might have a murder mystery with the Mumbai-Ahmedabad bullet train as a setting.
The 112-year old hotel chain has readied a three-pronged turnaround plan
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