BUSINESS
Tatas have sought an apology from Orient-Express Hotels for its 'libellous' remark that sought to show the Indian conglomerate's hospitality business in poor light.
NEW YORK: Tatas have sought an apology from Orient-Express Hotels for its 'libellous' remark that sought to show the Indian conglomerate's hospitality business in poor light.
In a strongly worded letter to OEH's CEO Paul White, Indian Hotels Vice-Chairman RK Krishna Kumar said that 'the purpose of this letter is not to pursue a dialogue directly with you but instead to set the record straight on our intentions in approaching your company.'
The Indian Hotels executive added that given Taj Hotels' reputation as one of the world's most trusted brands in hospitality, he felt compelled to correct the misinformation that has been circulating in the news media as a result of the letter written by White.
White in a letter to Indian Hotels had said that tying up with the 'predominantly Indian' hospitality firm will erode the US hospitality chain's brand image.
"We ask that OEH publish a formal apology to Taj Hotels using the same channels that OEH used to publicise its letter to Taj Hotels, including posting the apology on its global web site," Kumar said.
"Taj Hotels is a proud Indian company, and it will persevere with its global expansion strategy. Indian companies will continue to play a meaningful role in the ongoing global economic integration. Enterprises and individuals must, adapt to these fundamental economic changes, those with a fossilised frame of mind risk being marginalised."
Queries sent to White's office remained unanswered and officials at his London office said he had gone on leave and would not return until January 2. White's letter had triggered strong reactions from the Indian industry and government officials, who cautioned against any move to sabotage Indian companies' global expansion plans.
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