Mumbai, May 31, 2018: Indian Hotels Company Limited’s (IHCL) iconic brand Taj Hotels Palaces Resorts Safaris was awarded the Best Hospitality Corporate Governance in India by CFI.co. IHCL has been recognized for its excellence in governance basis the market capitalization, liquidity, compliance and historic performance.
“It is an honour to receive the Best Hospitality Corporate Governance India 2018 award, reflecting our commitment to conducting business in an inclusive and transparent manner. Besides adherence to ethical practices in business, we also work with suppliers to ensure that they follow the same high standards with respect to human rights, health and safety, gender equality and corporate governance” said Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, The Indian Hotels Company Limited (IHCL).
CFI.co’s Awards Programme aims to identify individuals and organisations that contribute significantly to the convergence of economies and truly add value for all stakeholders; in hope that it will inspire others to further improve their own performance.
About The Indian Hotels Company Limited
The Indian Hotels Company Limited (IHCL) and its subsidiaries, bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - the Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 165 hotels including 20 under development globally across 4 continents, 12 countries and in over 80 locations.
The Indian Hotels Company Limited (IHCL) is amongst South Asia’s largest Indian hospitality company by market capitalization. It is primarily listed on the BSE and NSE.
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