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Royalty-like arrangement for ITC Hotels to use ITC brands: Sanjay Puri on demerger

The CMD also spoke about the structure of the deal and the asset-acquisition strategy for the new entity, among others ....

Sanjiv Puri , Managing Director , Itc Demerger , Itc Ltd , Itc Hotels , Sanjay Puri ,

ITC's Sanjiv Puri explains why the company will hold 40% stake in ITC Hotels

ITC Ltd plans to retain a 40% stake in its demerged ITC Hotels business, which will have an asset-light model and be debt-free, according to chairman Sanjiv Puri. The new entity will raise capital as needed and benefit from synergies with ITC s foods vertical. ....

Tata Group Indian Hotels Co , Tata Group , Indian Hotels , Itc Demerger , Sanjiv Puri , Itc Hotels , Itc Hotels Demerger ,

itc demerger: Why ITC chose not to demerge hotels in Mukesh Ambani's buy 1 get 1 style

After Ambani s buy 1 get 1 offer for shareholders of Reliance Industries (demerger ratio of 1:1), investors were expecting ITC also to opt for a 100% vertical split. But ITC management chose to keep 40% ownership with itself and give away the remaining 60% to existing shareholders. ....

West Bengal , United States , Mukesh Ambani , Mihirp Shah , Richard Liu , Reliance Industries , Financial Services , Indian Tobacco Company , Jio Financial Services , British American Tobacco , Itc Demerger , Jm Financial , Ril Demerger , Itc Hotels ,