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 partners. With the company's hotels business maturing over the years, the company said the vertical is ready to chart its own growth path as a separate entity in the fast-growing hospitality industry. "The Board of Directors of ITC Ltd at its meeting held on July 24, 2023, evaluated and discussed various alternative structures for the hotels business.
'What we did in this (1971) war and with what motive (was incredible).' 'We helped Bangladesh become an independent country, and the very next day, we left their soil and came back to our country.'
'Kapil Sharma is a son of the soil and he represents the common man.' 'He is much more than a comedian.'
'Even at 50, I will make mistakes, but I'm willing to get up and learn again.'
rediffGURU Dr Rahul Baxi, honorary consultant diabetologist at the Bombay Hospital and Medical Research Centre, Mumbai, offers advice on how to manage your diabetes.
Shares of Future Group firms on Monday faced heavy drubbing, tanking up to 20 per cent, after Reliance Industries said its Rs 24,713-crore deal to acquire Future Group's assets cannot be implemented after secured creditors of the Kishore Biyani-led companies voted against the proposal. The stock of Future Consumer plummeted 19.91 per cent, Future Supply Chain Solutions slipped 19.96 per cent, Future Lifestyle Fashions 19.89 per cent, Future Enterprises tumbled 9.87 per cent and Future Retail fell 4.96 per cent on the BSE. Shares of Reliance Industries also dipped 1.75 per cent.
Many of these companies have a waiting period from 6-18 months now, indicating a rise in demand.
Asserting that India's dedication to climate commitments is evident from its performance, Prime Minister Narendra Modi on Monday hoped that rich countries of G-7 will support India's efforts in combating climate change and invited them to tap the huge market for clean energy technologies emerging in the country. In his remarks at the session on 'Investing in a better Future: Climate, Energy, Health' at G7 Summit, Modi highlighted India's track record and said it has achieved the target of 40 per cent energy-capacity from non-fossil sources nine years before time. "The target of 10 per cent ethanol-blending in petrol has been achieved 5 months before time.
'If you keep on irritating the body by allowing all kinds of pollutants to get into it, the body cells are going to get irritated and cancer will come.'
'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'
Prime Minister Narendra Modi on Sunday called for a global framework for ethical use of Artificial Intelligence (AI) as he flagged concerns surrounding bias in such modern technologies and their impact on the society. Days ahead of the G20 Summit, the prime minister also made a strong case for developing an integrated approach to deal with issues concerning cryptocurrencies. Modi, addressing B20 Summit India 2023 organised by CII, said India is preparing a global framework for Green Credit and urged industry leaders to adopt life and businesses with emphasis on planet positive actions.
Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.
Wardrobe lessons from Bigg Boss Season 16's first finalist.
Modi called business communities and governments to work together to ensure usage of ethical AI as "we have to sense the potential disruptions in different sectors. This problem has to be solved under the global framework."
'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'
E-commerce player Meesho, backed by marquee investors like SoftBank Group and Meta Platforms, will look at an initial public offering (IPO) only in 2025, and till then, its focus will be on generating profits after tax and not just on being Ebitda (earnings before interest, tax, depreciation and amortisation)-positive, top sources in the company told Business Standard in New Delhi. In a clear shift of strategy, the company, which has reduced its cash burn by 85 per cent, is now looking to trim its annual revenue growth target to 40 per cent from the 100-plus per cent earlier. The sources, however, said even this level of growth was far higher than that of most e-commerce companies.
'Looking back, there is every chance that I would not have opted for Kota.'' 'The biggest flaw is that your personality gets blocked.' 'It took me two years to get back to 'being human' again.'
A complaint has been lodged with the Election Commission against Trinamool Congress Lok Sabha member Mahua Moitra for allegedly filing false election affidavits and tax evasion.
A well-balanced lifestyle is the cornerstone for people living with diabetes and those at risk, recommends Shilpa Joshi, head of Metabolic Nutrition, Fitterfly.
Jimny will be priced between Rs 12.7 lakh and Rs 15.05 lakh.
To mark the International Women's Day, members of the UP Warriorz WPL franchise visited a jewellary store in Lower Parel.
Jee Karda is a dish with a lot of garnish, but no flavour, observes Deepa Gahlot.
Ask your bank to save for you. Plan your taxes. Reward yourself for your addictions... Chartered accountant Shreya Jaiswal's 10 ways to make more money this year.
Stress is one of the leading causes of premature greying, warns Dr Monica Chahar.
Cut back on salt intake and just watch your blood pressure fall, advises Dr Sameer Gupta, cardiologist and director, Umkal Hospital, Gurugram.
The writing has been on the wall for some time and it showed up prominently during the festival-season sales last year, when Meesho toppled Amazon to become the second-largest player in order share. During the sales season, 60 per cent of the orders Meesho received were from tier-4 cities and beyond. According to a report by consulting firm Redseer, festival-season sales last year were driven primarily by tier-2 and tier-3 cities, with 64 per cent of the shoppers coming from those.
Sukanya Verma gives us a lowdown on all those wonderful movies she saw and movies you need to see as and when they arrive to a screen or streaming space near you.
Renowned oncologist and former chief of the Indian Medical Association's Goa unit Dr Shekhar Salkar said the number of cancer cases is on the rise with the increase in population across the world.
'India is an equity market with a breadth and depth of companies to invest in.'
Showing the power social media influencers hold in the advertising industry today, the Advertising Standards Council of India (ASCI) on Thursday said 70 per cent of Indians are likely to buy a product they endorse. In its "Influencer Trust Report," based on a survey of 820 respondents above 18, ASCI said that 79 per cent of respondents trust social media influencers. Out of these, thirty per cent trust the influencers "completely".
GQ's 30 Most Influential Young Indians of 2022 includes start-ups, content creators, cultural influencers, artistes and film-makers who are risk takers and go-getters in their respective fields.
These resolutions will make a lasting difference to your life.
Due to globalisation, growing economy, aging population and changing lifestyle, India will face a tsunami of chronic diseases such as cancer.
Infla-dating can be exciting and fun, but it's important not to get in over your head financially, suggests Sybil Shiddell, country manager India, Gleeden, a discreet extra marital dating Web site.
She feels the pressure to look fabulous all the time, especially for actresses, is too taxing.
'I was wondering whether I would ever come out alive.'
Lyudmila Ocheretnaya, the former First Lady of the Russian Federation, is on the list of sanctions for benefiting from preferential business relationships with state-owned entities since her divorce from Putin in 2014.
Sukanya Verma lists 10 unique Salman ways in which the star declared his feelings of 'falling in love' to his onscreen sweetheart in the movies.