Tata retains Delhi's iconic Taj Mansingh for another 33 yrs
Tata Group's Indian Hotels Company (IHCL) has retained Delhi's iconic Taj Mansingh Hotel for another 33 years in an e-auction conducted by the New Delhi Municipal Council. The company, which outbid ITC Hotels, will pay a licence fee of â¹7.03 crore per month. The hotel was given to Tata Group in 1978 on a 33-year lease, which ended in 2011.