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CCI Approves ITC Hotels Demerger: A Strategic Move in Indian Hospitality

The Competition Commission of India (CCI) has approved the demerger of ITC Ltd's hotel business into a newly incorporated subsidiary, ITC Hotels Ltd. Post-demerger, ITC Hotels will be listed on stock exchanges, with ITC retaining a 40% stake. This move aims for internal restructuring without altering market dynamics.

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ITC s hotel demerger plan gets CCI nod

Fair trade regulator CCI on Tuesday said it has approved the demerger of the hotel business of diversified entity ITC Ltd into a separate entity. After the completion of the demerger, shares of ITC Hotels Ltd, a new entity, will be listed on the stock exchanges. The proposed combination relates to the demerger of the demerged undertaking to ITC s wholly-owned newly incorporated subsidiary, ITC Hotels.

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Events today - MAY 24: ATME College of Engineering (ATMECE)

Events today - MAY 24: ATME College of Engineering (ATMECE)
starofmysore.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from starofmysore.com Daily Mail and Mail on Sunday newspapers.

Bl arun kumarSuresh shettyLakshminarayan shenoyNenapirali premKrishna group of hospitalsGovernment ayurveda research centreKrishna groupHospitals managing directorFashion walkLive concert

Events tomorrow - MAY 24: ATME College of Engineering (ATMECE)

Events tomorrow - MAY 24: ATME College of Engineering (ATMECE)
starofmysore.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from starofmysore.com Daily Mail and Mail on Sunday newspapers.

Nenapirali premBl arun kumarLakshminarayan shenoySuresh shettyKrishna group of hospitalsGovernment ayurveda research centreKrishna groupHospitals managing directorFashion walkLive concert

Death after eating cake: 10 days on, govt takes note of Manvi s case : The Tribune India

Death after eating cake: 10 days on, govt takes note of Manvi s case : The Tribune India
tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.

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