IHCL inks 150-key Taj hotel in Panchkula
The long-term supply contract intends to supply 1,00,000 metric tonne of green ammonia per year, Avaada Group said in a statement.
Indian Hotels Company Ltd (IHCL) on Tuesday announced the signing of 150-key Taj hotel in Panchkula, Haryana, which is a greenfield project.
"The signing of a Taj in Panchkula, one of Haryana's leading cities, aligns with our vision to further solidify IHCL's presence in the region."
Given its proximity to Punjab, Himachal Pradesh and Uttarakhand, this addition will also create a new travel circuit. We are pleased to partner with Kuldeep Singh Makkar for this venture," IHCL Executive Vice President Real Estate and Development, Suma Venkatesh, said in a statement.
With the addition of this hotel, IHCL will have six hotels in Haryana under the Taj, Vivanta, Gateway and Ginger brands, including two under development.
****Avaada Group signs pact with Mysore Ammonia * Avaada Group on Tuesday said it has signed an agreement with Mysore Ammonia for supply of green ammonia.
The long-term supply contract intends to supply 1,00,000 metric tonne of green ammonia per year, Avaada Group said in a statement.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Liquor stock under Rs 300: Can this smallcap scrip double your money in 1-2 years? Check targets by Anil Singhvi
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
07:31 PM IST