The Tata group retained the iconic Taj Mansingh Hotel in Lutyens’ Delhi in an auction by the New Delhi Municipal Council (NDMC) after years of litigation at doubled license fees. What makes the hotel iconic, is not any single factor but a combination of many things.
Updated on Oct 22, 2018 03:53 PM IST
The much-delayed auction of Taj Mansingh, which was to be held this month, was cancelled since only Tata Group’s Indian Hotels Company Limited (IHCL) — the existing operator — bid for retaining the property. The bid of the only other participant, ITC, was not accepted on technical grounds.
Updated on Jun 24, 2018 02:30 PM IST
Press Trust of India, New Delhi | By Press Trust of India