|₹55.5 / ₹21.65|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Promoted by the Reddy group of South India, Oriental Hotels entered into a technical assistance and operating contract with the Indian Hotels Company (IHC). Taj Coromandel, the flagship hotel, was inaugurated in 1974. In 1975, the entire hotel was functioning with 224 guest rooms. In 1985, the company signed an agreement with Covelong Beach Hotels (India) to operate their Fisherman's Cove Beach Resort in Madras. It also signed an operating contract for the Emboodhu Finolhu Island Resort, Maldives. In 1985, the company took on lease, the Malabar Hotel at Cochin which was extensively renovated and opened to guests in 1986. In 1988-89, the company entered into an agreement with the International Airports Authority of India to operate snackbars at Madras Airport. In Jun.