In a strong endorsement of ethical leadership and governance excellence, Indian Hotels Company (IHCL) has been conferred with the prestigious 38th Jamnalal Bajaj Award (2025–26) for Fair Business Practices in the Service Enterprises–Large category.
The recognition, instituted by the Council for Fair Business Practices (CFBP), highlights IHCL’s sustained commitment to transparency, accountability and responsible enterprise, core pillars that are increasingly shaping corporate credibility in today’s business landscape.
Ethics And Governance At The Core
Positioning governance as a strategic differentiator, IHCL has embedded robust ethical frameworks across its operations, driven by its ESG platform, Paathya. The award reflects the company’s ability to institutionalise fair practices while delivering long-term stakeholder value.
IHCL MD & CEO Puneet Chhatwal, said,“At IHCL, governance and ethics are fundamental to how we conduct our business and create long-term value. Guided by our ESG framework of Paathya, we have institutionalised transparent, accountable and fair practices across the organisation. The Jamnalal Bajaj Award is a recognition of this enduring legacy.”
Legacy Of Responsible Enterprise
The Jamnalal Bajaj Awards, constituted in 1989, evaluate organisations across eight critical parameters including customer satisfaction, employee engagement, environmental stewardship and corporate social responsibility. IHCL’s win signals its leadership in aligning business growth with responsible practices.
CFBP itself traces its origins to 1966, founded by stalwarts such as J. R. D. Tata, Ramkrishna Bajaj, Ashok Birla, Arvind Mafatlal, S. P. Godrej, Harish Mahindra and Naval Tata, with a vision to foster trust between businesses and consumers through fair practices.
A Global Hospitality Powerhouse
IHCL continues to scale its global footprint with a portfolio of over 620 hotels, including 255 under development, spanning four continents, 14 countries and more than 250 locations. Its brand ecosystem, from Taj Hotels and Vivanta to Ginger Hotels, reflects a blend of Indian hospitality and global service standards.
Notably, Taj has been ranked the World’s Strongest Hotel Brand 2025 and India’s Strongest Brand 2025, reinforcing IHCL’s brand leadership on the global stage.