Puneet Chhatwal says: “We are very pleased because we have a very strong not-like-for-like growth. We are opening two hotels a month and with the right balance of hardly anything which is owned and whatever is owned is in key locations and the rest is fee-based, asset-light model, as people call it or management contracts and also in various other brands.”
Xavier School of Management XLRI conducted 31st JRD Tata Oration on Business Ethics on November 23 at Tata Auditorium, XLRI Jamshedpur Campus. This year the oration was delivered by Arun Maira - Consultant, Author & Thought Leader; Former Member, Planning Commission of India; Former Chairman,
Over the last two years, Tata Consumer Products, Tata Power, Tata Communications, Titan and Tata Elxsi began offering performance-based stock units, restricted stock units and employee stock options (Esops) – all forms of equity-based compensation – for the first time. The latest is Tata Power, which sought shareholder approval to issue Esops this month. A top Tata group executive said instruments like Esops help companies to ensure their compensation packages are close to industry trends.