The MTDC has partnered with private operator Ebix, which will be responsible for managing the train operations for the next five years. The operator will pay Rs 1.64 crore in the first year, along with a revenue share of 2.5 per cent to the MTDC.
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Indian Hotels Company (IHCL), India s largest hospitality company, today announced that it is stepping into Continental Europe with the signing of Taj Hotel Hessischer Hof at Frankfurt in Germany. Frankfurt s landmark hotel, after extensive renovations will join the illustrious list of iconic Taj hotels around the world. Signed under an operating lease arrangement, it will reopen in 2025.