Tag: Tata Group

Indian Hotels Seek Bigger Stake in Orient-Express.

Indian Hotels Co. (IH), the country’s biggest hotel operator, has restarted efforts to boost its stake in Orient-Express (OEH) Hotels Ltd., two people with knowledge of the matter said. The Mumbai-based company has approached Orient-Express about a deal, though discussions are at an early stage and may fail to lead to an agreement, the people said, declining […]

Tata Group’s retail company to expand in tier-II, III cities via franchises

The delay in opening of malls, closure of retail complexes and surging property rentals, among others, have prompted Trent, the Tata Group’s retail company, to opt for the franchise route to open its Wesbside chain of department stores in tier II and III cities. Under the franchise deal, Trent will own and provide the stock […]