TajGVK Hotels & Resorts Ltd is a joint venture company between Indian Hotels Co Ltd, a Tata group company and the Hyderabad-based GVK Group. The company is engaged in the hospitality and tourism industry. The company currently has operations in Hyderabad, Chandigarh and Chennai.
TajGVK Hotels & Resorts Ltd was incorporated in the year 1995. During the year 1999-2000, the company made a tie-up with a leading Hotels Chain 'Taj Group of Hotels' as a Strategic Investor-cum-operating Alliance with a view to enhance the services and improve the overall operations. Also, the Indian Hotels Company Ltd had invested an amount of Rs 40 crores in the company.
During the year, the company changed their name from GVK Energy Resources Ltd to GVK Hotels & Resorts Ltd as a part of the restructuring programme so as to bring the entire hospitality business of the group under one company. The company made a scheme of arrangement with Novopan Industries Ltd and Scheme of Amalgamation with Hotel Sree Krishna Ltd during the year. Accordingly, the Hotel Division of Novopan Industries Ltd and the entire undertaking of Hotel Sree Krishna Ltd was de-merged and merged with GVK Hotels & Resorts Ltd with effect from April 1, 1999. Also, the name of the company was changed to TajGVK Hotels & Resorts Ltd.
During the year 2002-03, the guestrooms on two floors at Taj Krishna had been completely renovated. Also, the company built 'The Deccan Hall', a large convention hall to cater the needs of inter-alia, large conferences, weddings and exhibitions. During this period, the company completed the acquisition of a hotel project at Chandigarh from India Tourism Development Corporation through a process of disinvestment. With the acquisition of 100% equity, Punjab Hotels Ltd, the owning company of Chandigarh hotel project became a wholly owned subsidiary of the company.
During the year 2003-04, the Banquet Hall at Taj Krishna was completely renovated into 'The Grand Bal Room' providing a luxurious and exquisite ambience using the finest Italian marble, intricate inlay and wood work, rich hand woven carpets and ornate chandeliers. Also, they renovated about 100 guestrooms between the three hotels during the year. A new car park facility, to accommodate about 250 cars, was added at Taj Residency. Punjab Hotels Ltd, the owning company Chandigarh Hotel Project was merged with the company with effect from November 1, 2002.
In June 20, 2005, the company commissioned the first branded five star hotel in the city of Chandigarh, Taj Chandigarh. The hotel is the first branded five star hotel in the city and has 152 guestrooms, coffee shop, 2 restaurants, bar and banquet halls. During this period, the company acquired Sri Tripurasundari Hotels Ltd, which had a partly built hotel in Chennai. During the year 2006-07, Sri Tripurasundari Hotels Ltd merged with the company with effect from April 1, 2006.
During the year 2007-08, the company added a new restaurant, restobar and 23 guest rooms in the existing block of Taj Deccan at a cost of Rs 25 crore. Also, they plan to add 180 rooms at the cost of Rs 100 crore. The company is proposing to construct the service apartments (43 nos), 7000 sq ft spa and the additional car parking facility at the existing premises of Taj Krishna, at an estimated cost of Rs 75 crores. They are planning to open a shopping arcade for premium international luxury brands in the hotel.
In December 2008, the company launched their new premium Five Star Hotel in the centre of Chennai by the name Taj Mount Road, Chennai. The company is in the process of identifying and acquiring land in Bangalore, Jaipur, Kodaikanal and Amritsar for hotel projects.
Hind Rectifiers Ltd. Buy at CMP- 1 17 , Targets - 172- 190, Time Frame - 6 to 24 Months , SL- 90 TRIGGERS Bagged 88 Cr Order recently with Its all time High Order Book of 300 Cr Profit in Q2 has Jumped 409% Biggest Beneficiary of Budget 2019 ( Railway Equipments Manufacturer) Hind Rectifiers, known as Hirect , is a leading manufacturer of rectifier equipment and semi-conductor devices. It also manufacturers a wide range of products used for railways, AC electric locomotives and AC electrical multiple units. The company has signed a technical collaboration agreement with Friem, Italy to manufacture water-cooling rectifiers for electrochemical applications. Based on this technology, it has received orders from Sterlite Industries, Chemfab Chlorates and Sree Rayalaseema Alkalies and Chemicals. It has a technical collaboration agreement with Electric Research & Development Centre, Kerala, to manufacture transistorised ...
Gabriel India Limited is the flagship company of ANAND, and a leading name in the Indian auto component industry . Established in 1961, the company provides the widest range of ride control products in India, including shock absorbers, struts, and front forks, across every automotive segment with over 300 product models offered. Market Leaders for more than 55 Years The history of Gabriel India dates back to 1961, when Mr. Deep C Anand, as a young entrepreneur, launched his very first business venture - Gabriel India, in collaboration with Maremont Corporation (now Gabriel Ride Control Products of ArvinMeritor Inc., USA), for the manufacturing of shock absorbers at Mulund, Mumbai. Today, the Gabriel brand is synonymous with shock absorbers in India, with a significant presence across all automotive customer segments, including original equipment manufacturers (OEM’s), replacement, and exports. Over the last 55 years, Gabriel India has established itself as a provider of...
SMARTLINK NETWORK SYSTEMS LTD D-Link India Ltd, incorporated in 1993 as Smart-Link Network Pvt Ltd , its name was changed to the present one subsequent to the financial participation from D-Link Corporation, Taiwan in 1995. The company started its software development activity in Goa in Feb. 2000 and had set up centers at Bangalore and New Bombay. The software engineers of the company are trained at D-Link Corporation, Taiwan in specialized software for the Networking field. The company intends to penetrate the Specialized Software Segment, a major one in the Networking and Communication Field. D-Link Corporation holds a dominant position in the Broadband space globally. It s a technology and market leader in the Broadband CPE space worldwide. It has became the world's first company to design, develop and commercially deploy the ADSL 2+ technology Broadband modern cum router. It also introduced the Wireless Media player which creates a seamless connection between computers...
CORDS CABLE :- Cords was established in 1987 by a group of industry professionals with an objective of catering to a growing requirement for high quality customized cables. Over the years Cords has developed a wide range of specialized cables to address the specific requirements of industries involving modern process technologies, instrumentation and communication demanding the highest standards of precision and reliability, and household users seeking products with assured quality and safety. COMPANY INTRODUCTION :- Cords is in the business of providing cost-effective and quality solutions for various electrical connectivity requirements. Presently, we accomplish this through customized design and development, quality manufacturing and reliable delivery of all types of LT range cables and household wires. http://www.moneycontr...
Buy at CMP 818 - for the Targets of 890 to 1090 , Time Frame - 5 Months to 12 Months TRIGGERS 1 ) Strong Q4 and YOY Profits are expected as Q3 Profit Up by 305% YOY at 92 cr. Q2 Profits up by 147% at 71 Cr. 2 ) Beneficiery of G overnment’s push on infrastructure, housing, construction, and the road segment also at which the government is planning to do the Bharatmala project 3 ) GST rates are reduced to 18% from 28% , especially on the earthmoving and road segment machinery. 4) On Jan 2018, Escorts Ltd. The company has reported net sales of Rs.1213.23 crores during the period ended December 31, 2017 as compared to Rs.1100.79 crores during the period ended December 31, 2016. 5) For the quarter ended December 31, 2017 (Q3FY18), Escorts reported 12% yoy tractor volume growth. This growth was led by 11% yoy growth in domestic volumes and a 41% yoy growth in exports. 6) ) The company sold 18,930 tractors in Q3FY18 agai...
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