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ITC share price: BAT unlikely to bat on the board of ITC's hotels biz

ITC s hotel business will not have any board representation from its largest shareholder, BAT, according to a demerger document. BAT will own 15.32% in ITC Hotels as foreign direct investment, making it the largest public shareholder after ITC s promoter holding of 39.93%. BAT s chief executive Tadeu Marroco stated last December that ITC s hotel business was not an area of interest for the British tobacco maker. ....

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Fresh trouble for Adani? Report says Deloitte flags Adani Ports transactions over lack of review

On Tuesday, Deloitte Haskins & Sells LLP raised concerns over the port unit's transactions with three entities, which as per the company were unrelated parties. The auditor stated that it could not confirm whether the parties were indeed unrelated. ....

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