Hotels demerger a win-win for ITC if (and when) it happens
With the demerger of the hotels division looking imminent, ITC’s shareholders are hopeful that the drain on resources will end and the company will reap the rewards of an uptick in the hospitality sector.
7 July, 2023•6 min
0
7 July, 2023•6 min
0
Getting your Trinity Audio player ready...
More in Business
You may also like
Business
Can Dubai’s hotels hold out, even as Iran war continues?
The US-Israel campaign has turned Dubai’s strongest tourism months into a stress test for the emirate’s hospitality sector.
Internet
Bravado, IPO and OYO
A debt-heavy global pivot to modest motels and accounting-led profits define the company now heading to Indian public markets.
Internet
Young consumer startups are forcing a reinvention of India’s FMCG giants
The country’s changing market dynamics are pushing consumer goods giants to acquire young startups. We look at why—and whether—it works for both sides.
