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Taj Group history
Taj Group company history timeline
Incorporated in 1899, the Indian Hotels Company Limited founded its first hotel The Taj Mahal Palace Mumbai, that transformed the face of Bombay and took India to the world.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903.
Owned by an English grocer, the place was bought by the Tatas for Rs 3.65 lakh in November 1904.
When J.R.D Tata took over as chairman (he had joined the board in 1926), he thought the management was running the hotel “stupidly” and initially thought it should be sold.
Taj’s post-war decline started by the summer of 1947.
The first palace to be converted into a Taj luxury hotel was the Lake Palace in Udaipur, in 1971.
He and his band of boys, including Ajit Kerkar, who later became Managing Director of IHCL, changed things around at the hotel – from the way it sourced fruits and vegetables to the interiors of the rooms, and from the menus in its restaurants to the new wing that opened in 1972.
In 2003, IHCL hired another chairman in name of Raymond Bickson.
In 2008, Taj hotel had one of the catalyst event where terrorist attacked the landmark Taj Mahal hotel.
In 2011, Ratan Tata stepped down as CEO and Cyrus Mistry was appointed as the new chairman.
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Taj Group competitors
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|---|---|---|---|---|
| Skeleton | - | $450,000 | 10 | - |
| Balloon | 2014 | - | 31 | - |
| MIC Network | - | $28.0M | 1,042 | - |
| Rare Earth Explorations | - | - | - | - |
| FA International | - | $260,000 | 5 | - |
| Fortress Gaming | - | $930,000 | 50 | - |
Zippia gives an in-depth look into the details of Taj Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Taj Group. The employee data is based on information from people who have self-reported their past or current employments at Taj Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Taj Group. The data presented on this page does not represent the view of Taj Group and its employees or that of Zippia.
Taj Group may also be known as or be related to TAJ GROUP LLC, TAJ GROUP, LLC and Taj Group.