Questions across 2 calls

Saurabh Patwa

Quest Investment Advisors Private Limited

The Indian Hotels Company Limited

The Indian Hotels Company Limited CC-Dec23.pdf · 2024-02-02

The question is related to F&B and Taj as combined and also is linked with the new brand which we are trying to open in, which you plan to open in Tier-2, Tier-3 cities. In the past you answered this question, but wanted more clarity on when you also highlighted that one of the reason why you look for a mass kind of hotel in a smaller city is also the banquet and opportunity there. So, what’s your thought process that how much you expect, what kind of strategy you would operate around in the newer brand which we are planning and with Taj SATS as a key pillar for that?

Understood sir. And F&B, how important is F&B in these kinds of hotels?

Nippon Life India Asset Management Limited

Nippon Life India Asset Management Limited CC-Sep23.pdf · 2023-10-30

On industry linked question, the last few quarters have seen the larger bank led you are the only one who has been doing exceptionally well in terms of performance and with the merger of one of your peers with parent bank, which was not the case historically, how do you see the competitive intensity moving on?

And sir, second question was on the Passive, we have been the leader in that due to liquidity, but how are you seeing the other AMCs coming into that and it is like more differentiated or with a broader universe, how do you see that panning out?