Page 7 of ITC Ltd

sustainability, climate change, ITC, Sanjiv Puri, global partnership, collaboration, funding, net zero emission, CII

Global partnerships, collaboration key imperative for addressing climate emergency challenges, says ITC’s Sanjiv Puri

Sanjiv Puri said that sustainability, today, has moved to the top of the agenda for governments as well as corporates.…

August 24, 2023 11:14 IST

itc, bat, british american tobacco, hotel industry, industry news

BAT says it’s supportive of ITC’s plan to demerge hotel business

As earlier reported, the board of directors of ITC earlier this week approved the demerger of its hotels business.

August 18, 2023 06:25 IST

ITC Hotels demerger at 1:10 ratio shows chairman Sanjiv Puri’s strategic foresight

With a 1:10 share entitlement ratio, ITC Hotels will issue fresh shares amounting to 124.6 crore taking the total share…

August 17, 2023 15:06 IST

ITC Q1 results, Q1FY24 results review, profit, revenue, core business, cigarette business, FMCG business, ITC hotels demerger

ITC Q1FY24 review: Analysts say ITC posted healthy core business, cigarette and FMCG led growth

Analysts said that the next term outlook for the conglomerate remained strong with FMCG growth ahead of industry and cigarette…

August 17, 2023 13:52 IST

ITC shares gain nearly 2% on Q1 performance, ITC Hotels demerger; should you buy, sell or hold?

ITC stock jumped nearly 2% to Rs 450.4 on Wednesday after the company’s Q1 results came out. ITC Hotels demerger…

August 16, 2023 14:28 IST

ITC Ltd, Q1FY24, quarter results, profit, revenue, EBITDA, FMCG, hostel business, agri business

ITC Q1 results: Profit up 16.1% at Rs 5180.12 crore, revenue drops by 6%

ITC posted revenue from operations at Rs 18,639.48 crore, down 6.0 per cent as against Rs 19,831.27 crore during the…

August 14, 2023 19:03 IST

ITC board approves demerger of hotel business, ITC Hotels listing likely in 15 months

The company stated that 100% of the ultimate economic beneficial interest of hotels business will remain with ITC shareholders –…

August 14, 2023 17:57 IST

ITC, ITC Limited, ITC Limited hotel, ITC hotel demerger,

Hotel business demerger to sharpen ITC’s capital allocation, improve asset efficiency ratios: Sanjiv Puri

Puri said the ministry of corporate affairs has recently approved the name, ITC Hotels, for the new hotel entity.

August 12, 2023 01:30 IST

ITC stock, LIC, LIC investment in ITC, NSE 500 universe

LIC contributes big to dazzling rise in ITC stock

Raises bets on L&T, RIL; cuts exposure to two Adani firms

August 2, 2023 05:30 IST

Who is Sanjiv Puri: The CEO and chairman of ITC Ltd, he is an IITian and one of the highest-paid employees; know about his education, salary, and his career

Sanjiv Puri received a pay of Rs 2.88 crore by ITC for the fiscal year 2022-23, as well as benefits…

Updated: August 1, 2023 10:12 IST

ITC Hotels demerger to unlock value; brokerages bullish, set ITC stock targets above Rs 500

Following the announcement of its hotels arm demerger, ITC held an analyst call to allay concerns. The management’s confidence spurred…

July 28, 2023 12:34 IST

Demerger of hotel biz a win-win, says ITC chairman

New entity is expected to have a strong debt-free balance sheet

July 28, 2023 01:45 IST

ITC’s intelligent demerger of its Hotel Business to benefit shareholders in the long-run

Under the scheme of the arrangement, the hotel division will be hived off into a new wholly owned subsidiary, with…

July 26, 2023 07:34 IST

ITC shares extend losses, tank 3% today after hotel biz demerger announcement; should you buy, sell ITC stock?

ITC stock fell over 3% today after 4% intraday on Monday. Jefferies, JM Financial and Motilal Oswal recommended a ‘Buy’…

July 25, 2023 11:10 IST

ITC approves demerger of hotel business, to incorporate ITC Hotels Ltd

The company will hold a stake of about 40 per cent in the new entity and the balance shareholding of…

July 24, 2023 16:17 IST

ITC reappoints Sanjiv Puri as CMD, raised his salary by 53.08% to Rs 16.31 crore in FY23

The total remuneration of Sanjiv Puri was also increased 53.08 per cent to Rs 16.31 crore for the financial year…

July 11, 2023 18:01 IST

ITC says focused on scaling FMCG business, posts revenue at Rs 19,000 crore in FY23

ITC Ltd announced its annual report on Tuesday generating a revenue of Rs 19,000 crore in the financial year 2022-23.…

July 11, 2023 16:44 IST

GST rules, GST rules new, GST rules revise, GST law,

New GST rules on anvil; business may have to explain discrepancy in ITC claims

Currently, businesses use taxes paid by their suppliers commonly referred to as ITC to offset their GST liability while paying…

July 9, 2023 11:26 IST

Related News

Income tax refund delay: What to do if your ITR shows ‘processed’ but refund not received

Aadhaar Card update October 2025: Here’s how to change name, address, date of birth and phone number online in simple steps

B1/B2 visa, B1/B2 Visa Rejected: tips, and insights for reapplying after a quick denial

B1/B2 visa rejected in 40 seconds: Indian engineer shocked by US visa rejection despite 1 crore salary

From Rail Executor to Engineering Giant: Why THIS engineering firm is Following L&T's Path on Fast-Forward. (Image Source: Gemini)

Meet the ‘Next L&T’: An engineering firm with a Rs 1 lakh crore order book

layoffs, IT layoffs, Indian employees, US company, zoom call, indian workforce, US company fire indian employees, employee rights, work culture, MNCs, multinational companies, viral, trending

US firm sacks close to all Indian employees at one go, ‘decision made in a 3 minute video call’

Flipkart exits Aditya Birla Lifestyle in Rs 998-cr bulk deal

Business6 hr ago

Flipkart, owned by Walmart, sold its 6% stake in Aditya Birla Lifestyle for Rs 998 crore. This is the second exit by the company after selling Rs 582 crore in June. The shares were received after ABLBL’s demerger from ABFRL. Key buyers included ICICI Prudential Mutual Fund, Nippon India Mutual Fund, and SBI Life Insurance. Aditya Birla Fashion’s shares rose 7.5

View all shorts