Bullet holes and scars of grenade blasts marred the restaurant walls in the Taj Mahal hotel, Tata said.
Indian officials said the Taj Mahal hotel had nearly been cleared of gunmen and trapped guests were being freed.
The England squad stayed at the Taj Mahal hotel two weeks ago and was due to return there ahead of the second test.
The 22-year-old Mumbai resident saw the Taj Mahal hotel burning and noticed there was no traffic on the road, he said.
Their assault on the Taj Mahal Hotel, Oberoi Trident Hotel and a Jewish centre went on for more than two days.
British tourist Morwenna Grills, who sought shelter in a shop when the Taj Mahal hotel came under attack, said the atmosphere in the city was "very eerie".
As the two girls fell near the cafe, he saw the two men quickening their steps towards the Taj Mahal hotel further up the road.
In the early hours of Saturday, soldiers launched a renewed assault on the Taj Mahal Palace hotel.
Having started with the Taj Mahal Palace Hotel in 1903, the company now runs or manages 59 properties in India and another 17 elsewhere on the globe.
Bangalore is also mourning the loss of a leading commando - National Security Guard (NSG) Major Sandeep Unnikrishnan - who was killed during operations to flush out gunmen from the Taj Mahal Palace hotel.
Beyond the 58 properties across India that have been added since the Taj Mahal Palace Hotel opened in Bombay in 1903, the operation owns or manages 17 hotels and resorts in the Maldives, Mauritius, Malaysia, Bhutan, Sri Lanka and Australia, plus the U.K., Africa and the Middle East.
FORBES: Taj Hotels is extending another Tata arm to America.
At nearly 100 years old, the Taj Mahal Palace is the grandest dame in town -- a hotel that is deeply woven into the history and social fabric of the city.
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