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In 1974, the group opened India's first international five-star deluxe beach resort, the Fort Aguada Beach Resort in Goa.In 1970s, the Taj Group also began its business in metropolitan hotels, opening the five-star deluxe hotel, Taj Coromandel in Chennai, in 1974, acquiring an equity interest and operating contract for the Taj President (now Vivanta by Taj – President), a business hotel in ...
The Court found that the directors were grossly negligent, because they quickly approved the merger without substantial inquiry or any expert advice. For this reason, the board of directors breached the duty of care that it owed to the corporation's shareholders. As such, the protection of the business judgment rule was unavailable. The Court ...
Taj Samudra, trading as TAL Lanka Hotels PLC, is a five-star luxury hotel in Colombo, Sri Lanka. The hotel is a listed company on the Colombo Stock Exchange since 1982 and the majority of the shares are held by Taj Hotels .
The first hotel of the company was opened — The Taj Mahal Palace Hotel in Colaba neighbourhood of Bombay opened in 1903. [10] It was the first five star hotel in India with modern elevators and Russian carpets. [11] In 1980 the Taj Group opened their first international hotels: the Taj Sheba Hotel in Sana'a, Yemen and the Taj Pamodzi in ...
On 22 April 1996, the Stock Exchange of Singapore (SES) censured Hotel Properties Limited (HPL), a publicly-listed real estate company, for not having been "forthcoming" about the discounts that it had given to several individuals, including Senior Minister Lee Kuan Yew's brother and HPL director Lee Suan Yew.
This category contains articles related to Indian hospitality company Taj Hotels Resorts and Palaces. Pages in category "Taj Hotels Resorts and Palaces" The following 24 pages are in this category, out of 24 total.
Taj Coromandel is a five-star luxury hotel [1] located in Chennai, India. Named after the Coromandel Coast , the HACCP- and ISO 14001-certified hotel was opened in 1974. [ 2 ] [ 3 ] Owned by Oriental Hotels Limited, an associate of the Taj Group of Hotels, it is classified under the group's luxury hotels section.
The Pierre is a luxury hotel located at 2 East 61st Street, at the intersection of that street with Fifth Avenue, in Manhattan, New York City, facing Central Park. Designed by Schultze & Weaver, the hotel opened in 1930 with 100+ employees, now with over a thousand. In 2005, the hotel was acquired by Taj Hotels Resorts and Palaces of India.