16 December 2018 Current Affairs:
Indian Hotels Company Ltd. (IHCL), Tata group's hospitality arm, has signed an agreement for construction of a second Taj branded hotel in Lucknow. The new hotel is to come up in partnership with Luxus Hospitality Pvt. Ltd.
The Taj branded hotel will be located at Vibhuti Khand, New Gomti Nagar Centre, with close proximity to key corporate parks, institutions, and recreational facilities. IHCL at present has two hotels in the city Taj Mahal Lucknow and Ginger Gomti Nagar. This signing is aligned to Aspiration 2022 with its focus on aggressive domestic growth.