FMCG giant ITC Ltd will acquire frozen food producers Ample Foods Pvt. Ltd and Meat and Spice Pvt. Ltd to augment its diversified product portfolio and meet demand in the high-growth segments of ...
New Delhi: Conglomerate ITC announced the acquisition ... chilled and ready-to-cook foods portfolio. With Good-for-You, first-to-market products, across cuisines, we believe that the combined ...
ITC Hotels Ltd has a portfolio through six brands -- ITC Hotels and Mementos in the luxury space, Welcomhotel in upper upscale, Storii in boutique premium experiential segment, Fortune in midscale ...
The move aligns with its ITC Next strategy coined by its Chairman Sanjiv Puri. The strategy primarily focuses on building a future-ready portfolio of products that serves evolving consumer needs. “ ...
From the more than 140 properties with 13,000 keys across 90 plus locations it operates now, the plan is to expand the portfolio to ... sourcing of quality products. ITC Hotels said it had debuted ...
"We are extremely proud of what we have built and excited to join hands with ITC to drive the next phase of growth for Prasuma. The overwhelming support and love for our products from consumers ...
ITC Hotels listing: ITC has announced the listing date of its demerged hotels business. The cigarettes-to-FMCG conglomerate has also issued general guidance towards apportionment of the cost of ...
Going forward, ITC Hotels has plans to expand the portfolio to over 200 properties with more than 18,000 keys by 2030, with a shift in the owned-to-managed ratio declining to 35:65.” added Deven ...
The expansion initiatives include acquisitions, collaborations and organic enhancements like new openings across its vast portfolio of brands. The company’s few profitable buyouts include Smith ...
According to Hemant Malik, Wholetime Director, ITC, the addition of Prasuma into ITC’s portfolio will help it build a full ...
ITC will acquire an initial tranche of 43.8% upfront, with the remaining stake to be purchased in tranches by June 2028, subject to valuation parameters.
ITC hotels stock price: On January 01, 2025, ITC Hotels was demerged from its parent company, ITC. (Image: ITC Hotels/website) After the demerger of ITC Hotels from ITC, one of the most talked ...