The newly formed entity, ITC Hotels, will have a strong debt-free balance sheet which will help it raise capital of its own through equity and debt after the proposed demerger of the hotels business, ITC Ltd...
The Competition Commission of India (CCI) has given the green light to the demerger of ITC Ltd's hotel business into a separate entity.Once the demerger is finalized, the stocks of ITC Hotels Ltd, a newly formed...
ITC's soon-to-be-demerged hotel business will not include any board representation from its largest shareholder, BAT, as indicated in the company's demerger document sent to...
Khadim India Ltd, a leading footwear company, is expecting to complete the demerger of its distribution business by September this year, as stated by...
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