#ihcl

A major luxury project is coming up in Noida, and it’s something to watch closely. 🏙️

Gulshan Group has partnered with Tata Group’s IHCL to develop what is expected to be India’s tallest Taj Hotel, along with branded serviced apartments. The project will be located in Sector 129 on the Noida Expressway, one of the fastest-growing areas in NCR.

With an investment of ₹1,000 crore, this 57-storey tower will include a 150-room Taj hotel and 74 premium serviced apartments. The idea is to bring together luxury living and high-end hospitality in one place.

This development is not just about a building—it reflects how Noida is evolving into a hub for modern infrastructure and premium real estate. The project is expected to generate around ₹2,000 crore in revenue and open up new opportunities for business and employment.

Tribal changemakers explore governance, healing practices, and arts at Gopal Maidan gathering Key Points: Tata Steel Foundation and IHCL sign five-year MoU for tribal cuisine promotion Collaborative partnership has engaged 440 tribal cooks from 52 tribes since 2017 Cultural performances by Ho, Garo, Kuki and Kandhan tribes captivate visitors JAMSHEDPUR – The third day of Samvaad 2025 witnessed…

Tata Group signs MoU with Jharkhand govt for luxury hotel project New Taj Hotel in Ranchi aims to enhance tourism, create jobs, and showcase Jharkhand’s potential on the global stage. RANCHI – An important step forward for the hospitality industry in the state capital of Jharkhand has been achieved with the signing of an agreement between the Jharkhand government and the Tata Group to build a Taj…

Tata group hospitality firm Indian Hotels Company Ltd (IHCL) on Tuesday said its board has approved the re-appointment of Puneet Chhatwal as Managing Director and CEO for another term of five years.

The board of directors, at its meeting held on Tuesday, based on the recommendations of the nomination and remuneration committee, approved Chhatwal's reappointment for another term commencing from November 6, 2022 up to November 5, 2027 subject to shareholders' approval, IHCL said in a regulatory filing.

Chhatwal was appointed on the company's board on November 6, 2017, it added.

He has over three decades of leadership experience at acclaimed hotel groups in Europe and North America, the company said.

Before joining IHCL, Chhatwal was the CEO and member of board of Steigenberger Hotels AG - Deutsche Hospitality.

Tata group hospitality firm Indian Hotels Company Ltd (IHCL) on Wednesday reported a consolidated net profit of Rs 71.57 crore in the fourth quarter ended on March 31, 2022.

The company had posted a consolidated net loss of Rs 97.72 crore in the same period of the previous fiscal, IHCL said in a regulatory filing.

Consolidated revenue from operations during the quarter under review stood at Rs 872.08 crore as against Rs 615.02 crore in the year-ago period.

Total expenses during the fourth quarter stood at Rs 894.16 crore as compared to Rs 754.15 crore in the same period a year ago, the company said.

For the fiscal ended March 21, 2022, IHCL said its consolidated net loss narrowed to Rs 264.97 crore. The consolidated net loss was at Rs 795.63 crore in the previous fiscal.

Consolidated revenue from operations in 2021-22 stood at Rs 3,056.22 crore as compared to Rs 1,575.16 crore in 2020-21, the company said.