Taj Hotels' global ambitions have much room for improvement |

Indian Hotels Company, the owner and manager of Taj Hotels, reported a 29 per cent increase in net loss in the first half of this year at Rs 91 crore, though its stand-alone operations yielded a loss of only Rs 2.3 crore. Much of the loss at the consolidated level was attributed to the drag on account of the three operational properties of the US, including the luxurious Pierre on New York's Fifth Avenue, where the company had spent $100...