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Indian Inns goals to be debt-free by subsequent April: Puneet Chhatwal

Indian Hotels Company (IHCL) is aiming to be “debt-free” by April 2023, its managing director, Puneet Chhatwal, said. The Tata Group-backed hospitality chain’s annual losses narrowed to Rs 265 crore in 2021-22 from Rs 796 crore in previous year, as per results declared on Wednesday. “We would retire all debt as and when it gets…

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Indian Inns Firm (IHCL) is aiming to be “debt-free” by April 2023, its managing director, Puneet Chhatwal, acknowledged. The Tata Personnel-backed hospitality chain’s annual losses narrowed to Rs 265 crore in 2021-22 from Rs 796 crore in outdated twelve months, as per results declared on Wednesday. “We would retire all debt as and when it will get due so that we form now not must pay pointless premiums,” Chhatwal…
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