IHCL intends to have a 165-metre tall structure at the site but has got clearance for only 145 metre from the Airports ...
ITC had entered into an agreement with Adyar Gate Hotels in 1985 to manage the Welcomgroup Park Sheraton hotel in Chennai. (Photo: Bloomberg)(MINT_PRINT) New Delhi: In a relief for ITC Ltd ...
Shares of recently-listed ITC Hotels declined over 3% in intra-day trade on Friday, February 14, after British American Tobacco Plc (BAT), the biggest shareholder after ITC, said it will pare its ...
British American Tobacco is planning to divest its holding in the newly spun-off entity ITC Hotels by 2026. (Image: ITC Hotels/website) UK-based British American Tobacco (BAT), the biggest ...
British American Tobacco (BAT), which has a direct stake of 15 per cent in ITC Hotels, on Thursday said it will be divesting the stake at the “best moment” as it has no interest in becoming ...
ITC Hotels is all about luxury with a purpose — think heritage vibes, sustainable stays, and top-tier hospitality. For over ...
British American Tobacco (BAT) will wait for the ‘right moment’ to divest its stake in ITC Hotels Ltd to maximise shareholders’ value, the company’s CEO said on Thursday. The London-headquartered ...
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Vinit Bolinjkar, Head of Research at Ventura Securities, analyses the impact of the ₹1,00,000 crore budget bonanza. He expects a split between savings and spending, with consumer durables and ...
is planning to divest its stake in newly spun-off entity ITC Hotels by 2026. “BAT has no interest in becoming a long-term shareholder of a hotel chain in India. And as a consequence, at the ...
ITC Hotels is the second listed hotelier, which has an owner/operator model, a net cash balance sheet with diversified brand/geo presence. It is currently ramping up recent greenfield projects and ...
Newly spun-off entity ITC Hotels shares traded with gained during the afternoon session on February 12, after international brokerage Jefferies initiated coverage on the stock, seeing 63% upside ...
According to Gaurav Dua, ITC Hotels, now listed, remains a stock worth holding, with a price target of ₹230-240. Meanwhile, ITC’s core business remains stable, with no adverse budget ...
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