ITC's move to demerge the hotel business into a new entity, ITC Hotels Ltd, is a step in the right direction and will allay investor's concerns on the company's capital allocation strategy in the medium-to-long term, said analysts at Morgan Stanley in a note. According to the company, the board of directors has approved in principle the demerger of the hotels business, wherein ITC will hold a 40 per cent stake in the new entity, and the remaining 60 per cent will be held directly by shareholders. The scheme of arrangement shall be placed for approval of the Board at its next meeting to be convened on 14th August 2023.
Nimrat hits the gym... Sanya takes a selfie... Mrunal has a good hair day...
The National Anti-Doping Agency (NADA) carried out a search at the National Institute of Sports in Patiala last month and seized containers of the substance from the athlete's room, its director general Navin Agarwal told Reuters by telephone.
Thrillers, scams, cults and corruption, things get pretty intense on OTT this week.
Mammootty plays the despicable Kuttan with absolute integrity, observes Divya Nair.
A summary of sports events and sports persons, who made news on Sunday.
Sreeshankar was all pumped up over his first three jumps, hitting soil at 7.95m twice after touching down at 8.00m with his first jump.
Indian football hero of '80s, Chibuzor dies
The film is about a love guru who imparts wisdom to college-going students.
Kerala's Jithin Thomas stole the limelight with a personal best effort of 2.20m en route to his gold medal in the men's high jump on the second day of the Federation Cup Senior National Athletics Championships in Patiala on Sunday.
'It is not only the hero who displays guts and cleverness but the villain can also have these traits.'
The former India cricketer has not attended a single hearing of Anti-Doping Appeals Panel since the new panel was formed.
The Indian 4x400m women's relay team, led by Jauna Murmu, Ashwini Akkunji, Anilda Thomas and MR Poovamma, clocked 3.31.39sec to win the gold medal at the PTS Athletics Meeting in Samorin, Slovakia. Only 16 countries are eligible to compete in the relay events of track and field at the Rio Olympics, and as a result of their performance in Slovakia last night, India has improved its 4x400m women quartet's world ranking to 15th position which is a step towards that goal. As per the IAAF regulations, the 2016 OG qualification standards has to be attained between the period, January 1, 2016 to July 11, 2016. The Samorin performance is the Indian relay quartet's second fastest timing and improves its average from two-fastest races to 3:30.24sec.
National record holder Sudha Singh of Railways bettered her own meet mark while winning gold in the women's 3000m steeplechase on the third and penultimate day of the 53rd National Open Athletics Championships in Ranchi on Monday.
India clinched a gold medal in women's 4x 400m relay in a sensational race to finish sixth overall as the curtains were drawn on the 20th Asian Athletics Championships in Pune on Sunday.
Rio-Olympics bound Tintu Luka grabbed the spotlight as she won the gold in women's 800m race on an uneventful third and final day of the Federation Cup National Athletics Championships, in New Delhi, on Saturday.
Summary of sports events and persons who made news on Sunday
Summary of sports events and persons who made news on Wednesday
The women's 4x400m relay quartet lived up to their expectations by clinching a gold after a brilliant race as India ended their athletics campaign with an impressive haul of 13 medals in the 17th Asian Games in Incheon on Thursday.
World University Games silver medallist shot putter Inderjeet Singh achieved the qualification mark for the Rio Olympic Games in 2016 with a throw of 20.65m on the second day of the 19th Federation Cup at Mangala Stadium, in Mangalore, on Saturday.
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