ITC to hive off hotels business into separate entity

Diversified entity ITC Ltd on Monday said it will demerge its hotels business by incorporating wholly-owned subsidiary ITC Hotels Ltd, paving way to attract appropriate investors and strategic......

How ITC plans to hit Rs 1 trillion

'We are certainly open to inorganic opportunities to grow.' IMAGE: The 450-room ITC Royal Bengal, above, plus the 250-room ITC Sonar will be India's biggest hotel complex. Photograph: Kind......

Which is going be the biggest hotel complex in India?

'In April 2019, we will be opening the 450-room ITC Royal Bengal in Kolkata.' 'It is coming up in the same complex as ITC Sonar, which has 240 rooms.' 'The 700-room hotel complex should be a......

Political drama in Tamil Nadu rattles investors

Three way split of AIADMK has slowed decision-making, prompting industry to look outside the state, says T E Narasimhan. The political turmoil in Tamil Nadu since the death of J Jayalalithaa in......