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.
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Goldiam International ( Multibagger Stock - Beneficiary of Events in Jewellery Sector with Multiplying order book) BUY at CMP 85.7 - Targets - 125- 144 , Time Frame - 6 to 24 Months, SL - 61 TRIGGERS 1) Net Profits 4.28 cr vs 0.75 cr 500% Jump in Profit 2) Debt free company with Book Value Rs 157cr as on 18/01/2019 3) Government focus for Diamond and Jewellery Sector Goldiam International Limited is an India-based holding company, which operates as a manufacturer of diamond studded gold, platinum and silver jewelry. The principal business activities of the Company is manufacturing and exporting of studded gold and silver jewelry. The Company operates in two segments: jewellery manufacturing and investment activity. The Company's products include engagement rings, wedding bands, anniversary rings, bridal sets, fashion jewelry earrings and pendants, and fashion jewelry and necklace and earrings. The Company's subsidiaries i
-KAJARIA HAS GIVEN A INVERTED HEAD AND SHOULDER BREAKOUT FUNDAMENTALLY STRONG KAJARIA IN LAST 4 YEARS DOUBLED THEIR NET PROFIT AND WORKING FANTASTIC ON THEIR VOLUMES AND MARGINS* HAVING MARKET CAP OF 9500CR* KAJARIA IS THE LARGEST TILES MAKING COMPANY OF INDIA* STRONG HOLDING OF 83% IS WITH PROMOTERS AND FIIS/DIIS/MUTUAL FUNDS* DUE TO GOVT PUSH FOR AFFORDABLE HOUSING TILES SECTOR WILL BUZZ IN COMING DAYS OUR HOT PICK IS KAJARIA ONLY* Company Information: Founded 30 years ago with a single-minded vision, to be the best in providing tile solutions, Kajaria has since then grown stronger with its hard work, innovations and patronage from our discerning customers. Chairman's Message: Since our founding in 1988, we have been moving forward on many fronts to capitalize on solid growth opportunities, to improve our operating efficiency and to sharpen our business portfolio's focus. Our Exports: Our Brand "Kajaria" has today become synonym of Quality,
Buy at CMP 1364 - for the Targets of 165 0 -1890 , Time Frame - 5 Months to 24 Months United Breweries Limited is synonymous with innovation and aggressive marketing that is complemented by a strong distribution network which encompasses an impressive spread of owned and contract manufacturing facilities across the country. The company was bought by the late Mr. Vittal Mallya in 1947, and since then, has consistently tasted success and never looked back. Today, each one of the 89,763 outlets selling beer in India, sell atleast one brand from United Breweries Their flagship brand 'Kingfisher', has achieved international recognition consistently, and has won many awards at international beer festivals. Our most popular beer, Kingfisher Premium Lager beer, is currently available in 69 countries and leads the way among Indian beers in the international market. UB GROUP - BUSINESSES PROFITABLE SUBSIDIARIES The company owns many su
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