DRMumbai: Indian Hotels Company Limited’s (IHCL) iconic brand Taj Hotels Palaces Resorts Safaris has bagged the Best Hospitality Corporate Governance Award 2018 constituted by CFI.co. IHCL has been recognised for itsexcellence in governance based on market capitalisation, liquidity, compliance and historic performance.
“It is an honour to receive the prestigious award, reflecting our commitment to conducting business in an inclusive and transparent manner. Besides adhering 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 Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL.
CFI.co’s Award 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 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 Mumbai in 1903. IHCL has a portfolio of 165 hotels including 20 hotels under development globally across four continents, 12 countries and over 80 locations.
IHCL is amongst South Asia’s largest Indian hospitality company by market capitalisation. It is primarily listed on the BSE and NSE.
For details visit www.tajhotels.com; www.gingerhotels.com
