Sources in the Tata group said they could not attend as they were travelling.
The multi-brand strategy could drive profitability to a 25% profit margin in the next five years from 17% now.
Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman
Experts view this as a case of "failed experiment" in succession
Indian Hotels rolls back its multi-brand strategy to focus solely on luxury, looks to paint all its properties with the Tajness brush.
The 112-year old hotel chain has readied a three-pronged turnaround plan
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