Indian conglomerate ITC has completed the demerger of its hotels business into a new entity, ITC Hotels Limited (ITCHL), effective 1 January 2025. The record date for shareholders is set for 6 ...

ITC's move to demerge its hotel division comes amid positive investor outlook for the industry as demand for travel trumps high pricing. ... (HLV), which owns and operates The Leela Mumbai, by 0.53%.

There’s a lot to learn from ITC Hotels’ bespoke chain of luxury hotels located in such destinations as New Delhi, Mumbai, Chennai, Gurgaon, Bengaluru, Agra, and Hyderabad.

ITC Hotels Demerger: FMCG major ITC has acquired 2.44% of the share capital (comprising 1,52,32,129 Equity Shares of Rs 2 each) of EIH Limited and 0.53% of the share capital (comprising 34,60,829 ...

Cigarettes-to-consumer goods conglomerate ITC Ltd.’s shares fell as much as 5% from Friday’s close in a special price discovery session in Mumbai to adjust for the spinoff of its hotels division.

In a strategic move to strengthen its presence in the luxury hospitality sector, ITC has acquired a 2.44 per cent stake in EIH and a 0.53 per cent stake in Hotel Leelaventure's Mumbai property.

ITC Hotels is all about luxury with a purpose — think heritage vibes, sustainable stays, and top-tier hospitality. For over 40 years, they’ve been redefining Indian luxe, from the legendary ...

Mumbai: ITC Hotels is battling competition for talent from retail and airline industries by changing its workforce policies and compensation structure, a top company executive said. The hotel ...

ITC acquires 2.44% stake in EIH and 0.53% in Leela Mumbai for over ₹111 crore ahead of hotel demerger. ITC’s shareholding in EIH and HLV aggregates to 16.13 per cent and 8.11 per cent, of ...