ITC Hotels share price: Demerged hotel biz to list on BSE, NSE today, check details
1 month, 3 weeks ago

ITC Hotels share price: Demerged hotel biz to list on BSE, NSE today, check details

Hindustan Times  

ITC Hotels share price: ITC Hotels will be making its debut on the Bombay Stock Exchange and the National Stock Exchange on Wednesday, January 29, 2025, according to its regulatory filing. ITC Hotels share price: Surrounded by the Aravalis, Mementos by ITC Hotels, Ekaaya offers stunning vistas of the verdant valley below, while the sky complements its beauty. 1) ITC Hotels listing price Though there is no clear indication of the ITC Hotels listing price yet, the overall expectation is a price bracket between ₹113 to ₹170 per share, according to the report. 7) ITC Hotels share allotment ITC allotted 125,11,71,040 equity shares of ITC Hotels to its shareholders on January 11.

Hotels Price Share According Hotel List Bse Shares Itc Nse Itc Shares Itc Hotels  itc  nse  stock  hotel  share  listing  shareholders  shares  list  details  according  hotels  today  demerged  read  price

History of this topic

What should investors expect from the ITC Hotels demerger?
3 weeks ago

What should investors expect from the ITC Hotels demerger?

Live Mint  

New Delhi: 29 January was meant to be a special date for ITC Hotels, one that marked a new beginning. “Amid sectoral tailwinds, we expect ITC Hotels’ India occupancy to ramp up from 69% in FY24 to 75% in FY27," it added. Asset-light strategy Amid a flurry of expansion by its rivals in the hospitality industry, ITC Hotels, with a …

ITDC share price zooms 14% on Ashok Hotel’s asset monetisation buzz
3 weeks ago

ITDC share price zooms 14% on Ashok Hotel’s asset monetisation buzz

Live Mint  

Stock market today: Shares of India Tourism Development Corporation witnessed strong buying during the early morning session on Wednesday. ITDC share price today opened upside at ₹524.50 per share and touched an intraday high of ₹589 apiece within a few minutes of the Opening Bell. According to stock market experts, ITDC shares are skyrocketing in early morning deals after the …

ITC Hotels share price falls 3% as BAT looks to divest stake
1 month, 1 week ago

ITC Hotels share price falls 3% as BAT looks to divest stake

Live Mint  

Shares of recently-listed ITC Hotels declined over 3% in intra-day trade on Friday, February 14, after British American Tobacco Plc, the biggest shareholder after ITC, said it will pare its stake in the hotels business by next year. ITC Hotels Share Price Impact ITC Hotels share price following BAT's divestment plans declined 3.44% to the day's low of ₹164.05 apiece. …

ITC Hotels set for growth: Jefferies initiates with ‘buy’, sets target at ₹240, a potential upside of 40%
1 month, 2 weeks ago

ITC Hotels set for growth: Jefferies initiates with ‘buy’, sets target at ₹240, a potential upside of 40%

Live Mint  

Foreign brokerage Jefferies has initiated coverage on ITC Hotels Ltd, the demerged hotels business of ITC, with a 'Buy' rating, citing potential for a valuation rerating. Earnings and Valuation Outlook Jefferies estimates ITC Hotels’ EBITDA and PAT to grow at a compounded annual rate of 16 percent and 19 percent, respectively, over FY24-27. Jefferies further projects ITC Hotels’ revenue to …

ITC weathers cost storm, profit tops estimates
1 month, 2 weeks ago

ITC weathers cost storm, profit tops estimates

Live Mint  

New Delhi: ITC Ltd’s net profit for the December quarter topped market estimates, even as the company faced escalation in costs of key input materials such as leaf tobacco and edible oil, among others. Meanwhile, standalone Q3 revenue from operations grew 8.4% to ₹18,290.24 crore from ₹16,864.34 crore in the same quarter of FY24, led by growth in the company’s …

ITC Hotels shares to be removed from Sensex and other BSE indices today
1 month, 3 weeks ago

ITC Hotels shares to be removed from Sensex and other BSE indices today

Live Mint  

ITC Hotels share price will be in focus on Wednesday as the stock will be removed from Sensex and other BSE indices before trading begins on today, February 5, 2025. As the ITC Hotels shares did not hit lower circuit till the cut-off time on Tuesday, February 04, 2 pm, it will be removed from the BSE indices. Additionally, ITC …

Two days after public debut, ITC Hotels shrugs off listing volatility
1 month, 3 weeks ago

Two days after public debut, ITC Hotels shrugs off listing volatility

Live Mint  

Shares of ITC Hotels made their much-anticipated debut on the stock exchanges on 29 January following its demerger from parent company ITC Ltd. According to ITC’s exchange filing, the total acquisition cost was split, with ITC shares retaining 86.49% of their pre-demerger value and ITC Hotels accounting for 13.51%. In Q2FY25, ITC Hotels reported 12% year-on-year revenue growth, with its …

ITC Hotels lists on stock exchanges; shares decline 5 pc on BSE
Trending News
1 month, 3 weeks ago

ITC Hotels lists on stock exchanges; shares decline 5 pc on BSE

Live Mint  

New Delhi, Shares of ITC Hotels Ltd, the demerged hotels business of FMCG conglomerate ITC Ltd, on Wednesday slipped up to 5 per cent in its debut on the stock exchanges. Separately, ITC, in a regulatory filing, informed that ITCHL received approval from the National Stock Exchange of India Ltd and BSE Ltd for listing and trading of its equity …

ITC Hotels debuts on bourses; plans to expand portfolio to over 200 properties in 5 years
Trending News
1 month, 3 weeks ago

ITC Hotels debuts on bourses; plans to expand portfolio to over 200 properties in 5 years

Live Mint  

New Delhi, Jan 29 ITC Hotels -- the new entity after the demerger of the hotels business of diversified conglomerate ITC Ltd that listed on the stock exchanges on Wednesday -- said it plans to expand its portfolio to over 200 hotels over the next five years. "Debuting with a zero-debt balance sheet and a cash/cash equivalents of ₹1,500 crore …

ITC Hotels Share Price: Debuts on bourses, set to expand portfolio to over 200 hotels in 5 years
1 month, 3 weeks ago

ITC Hotels Share Price: Debuts on bourses, set to expand portfolio to over 200 hotels in 5 years

The Hindu  

ITC Hotels, the new entity formed consequent to the demerger of ITC’s hospitality business, got listed on the stock exchanges on Wednesday, and with it, also announced plans to expand its portfolio to over 200 hotels in five years. From the more than 140 properties with 13,000 keys across 90 plus locations it operates now, the plan is to expand …

ITC Hotels shares list at 30% discount, debuting at ₹180 after last year's demerger
Top News
1 month, 3 weeks ago

ITC Hotels shares list at 30% discount, debuting at ₹180 after last year's demerger

Hindustan Times  

ITC Hotels Ltd shares got listed at a discovery price of ₹180 per share on the National Stock Exchange on Wednesday, January 29, 2025. Also 60% of ITC Hotels is still owned by ITC, while 40% was distributed to other shareholders in the aforementioned ratio. This is a discount of nearly 31% from its implied price of ₹260 per share …

ITC Hotels share price: Stock lists at 30% discount on NSE
1 month, 3 weeks ago

ITC Hotels share price: Stock lists at 30% discount on NSE

India Today  

Shares of ITC Hotels listed at a discount of 30% on Thursday, opening at Rs 180 on the national stock exchange, to the discovered price of Rs 260 per share. ITC Hotels shares opened at Rs 188 on the Bombay Stock Exchange, to the discovered price of Rs 270 per share. The listing price of ITC Hotels shares was lower …

ITC Hotels Listing: Check listing date, cost of acquisition of ITC shares, other key details
1 month, 3 weeks ago

ITC Hotels Listing: Check listing date, cost of acquisition of ITC shares, other key details

Live Mint  

ITC Hotels listing: ITC has announced the listing date of its demerged hotels business. The cigarettes-to-FMCG conglomerate has also issued general guidance towards apportionment of the cost of acquisition of the ordinary ITC shares and ITC Hotels shares. This means that for every 10 shares of ITC held by shareholders as of January 6, they would receive one share of …

ITC Hotels to list on BSE, NSE tomorrow. Check eligibility and other key details
1 month, 3 weeks ago

ITC Hotels to list on BSE, NSE tomorrow. Check eligibility and other key details

India Today  

ITC Ltd announced in a recent exchange filing that ITC Hotels is set to be listed on the Bombay Stock Exchange and National Stock Exchange on Wednesday, January 29. This means that those shareholders who, as of January 6, 2025, owned 10 shares of ITC, will get one share of ITC Hotels. On January 11, ITC Ltd. allotted equity shares …

ITC Hotels to list on NSE & BSE on January 29; details here
1 month, 3 weeks ago

ITC Hotels to list on NSE & BSE on January 29; details here

Live Mint  

Kolkata-based diversified conglomerate ITC Ltd announced on Monday that ITC Hotels, which was recently spun off from the parent company, will be listed on the stock exchanges on January 29. "ITCHL has received approval from the National Stock Exchange of India Limited and BSE Limited for listing and trading of its equity shares effective 29th January 2025," ITC said in …

ITC Demerger: Analysts remain optimistic amid strategic restructuring, see up to 29% upside potential in shares
2 months, 2 weeks ago

ITC Demerger: Analysts remain optimistic amid strategic restructuring, see up to 29% upside potential in shares

Live Mint  

ITC Demerger: Indian conglomerate ITC shares finally traded ex-demerger on Monday, January 6, reflecting the separation of the hotel business. Key Details of the Demerger Demerger Ratio: ITC Hotels’ demerger ratio is 1:10, meaning shareholders will receive one share of ITC Hotels for every 10 ITC shares held. Analysts Weigh In The demerger of ITC Hotels is viewed as a …

ITC share price adjusts ₹27 lower after trading ex-hotels business. Buy or sell?
2 months, 2 weeks ago

ITC share price adjusts ₹27 lower after trading ex-hotels business. Buy or sell?

Live Mint  

ITC shares are now trading ex-demerger, which means the value of ITC shares are now ex-hotels business. At the end of a special trading session for the price discovery of ITC Hotels on stock exchanges BSE and NSE, the market has assigned ITC share price of ₹455.60. ITC Hotels share price will be calculated based on the difference between the …

Explained: Why ITC share price fell by 6% today as ITC Hotel to list separately
2 months, 2 weeks ago

Explained: Why ITC share price fell by 6% today as ITC Hotel to list separately

India Today  

ITC share price saw a sharp drop of nearly 6% in Monday's early trading, hitting a low of Rs 455. A special pre-open session was conducted on the stock exchanges between 9:00 AM and 9:45 AM to determine ITC Hotels' share price. Based on this, ITC Hotels' share price was discovered at Rs 27 per share on the BSE and …

ITC share price dips ahead of ITC Hotels demerger record date. Should you buy?
2 months, 3 weeks ago

ITC share price dips ahead of ITC Hotels demerger record date. Should you buy?

Live Mint  

ITC share price dropped more than a percent on Friday ahead of its demerger record date next week. The company has set ITC Hotels demerger record date as January 6 and ITC shares will turn ex-date for the demerger on that day. This means ITC shareholders whose names will appear in the company’s books as of Monday, January 6 record …

ITC Hotels Demerger: Stock price calculation, F&O entry to MSCI index inclusion - 6 key things to know
2 months, 3 weeks ago

ITC Hotels Demerger: Stock price calculation, F&O entry to MSCI index inclusion - 6 key things to know

Live Mint  

ITC Hotels Demerger: ITC share price traded marginally higher on Wednesday, January 1, as today is the effective date for the demerger of ITC Hotels business. As the ITC Hotels demerger has been effective today, here are other key things to know about the demerger: ITC Hotels Stock Price; ITC Share Price Valuation ITC Hotels share price will be calculated …

ITC Hotels demerger: Effective date tomorrow. Record date, price, ratio, funding, cash infusion, other details
2 months, 3 weeks ago

ITC Hotels demerger: Effective date tomorrow. Record date, price, ratio, funding, cash infusion, other details

Live Mint  

ITC Hotels Demerger: ITC share price will remain in focus this week as the demerger of its ITC Hotels will come into effect from tomorrow. Here are key details of ITC Hotels demerger: ITC Hotels Demerger Key Details ITC Hotels Demerger Record Date: ITC Hotels demerger record date is January 6. This means ITC shareholders whose names will appear in …

ITC Hotels demerger: Effective date tomorrow. Record date, price, ratio, funding, cash infusion, other details
2 months, 3 weeks ago

ITC Hotels demerger: Effective date tomorrow. Record date, price, ratio, funding, cash infusion, other details

Live Mint  

ITC Hotels Demerger: ITC share price will remain in focus this week as the demerger of its ITC Hotels will come into effect from tomorrow. Here are key details of ITC Hotels demerger: ITC Hotels Demerger Key Details ITC Hotels Demerger Record Date: ITC Hotels demerger record date is January 6. This means ITC shareholders whose names will appear in …

Stock Check: ITC’s demerger announcement sparks investor interest: What’s next for the conglomerate?
3 months, 1 week ago

Stock Check: ITC’s demerger announcement sparks investor interest: What’s next for the conglomerate?

Live Mint  

ITC, a leading multi-industry conglomerate, has garnered significant attention following its announcement to demerge its hotel business, set to take effect on January 1, 2025. After the demerger, ITC will retain a 40 per cent stake in ITC Hotels, while the remaining 60 per cent will be distributed to shareholders. ITC's Stock Performance Overview Despite the positive developments, ITC’s stock …

ITC fixes January 6 as record date for demerger of its hotels business
3 months, 1 week ago

ITC fixes January 6 as record date for demerger of its hotels business

Live Mint  

ITC Hotels Limited and ITC Limited have jointly decided to designate Monday, January 6, 2025, as the Record Date. “We write to advise that the Company and ITC Hotels Limited have mutually agreed to fix Monday, 6 th January, 2025 as the Record Date for the purposes of determining the shareholders of the Company to whom equity shares of ITCHL …

ITC shares rise as ITC Hotels demerger set for January 1, 2025: Key details
Trending News
3 months, 1 week ago

ITC shares rise as ITC Hotels demerger set for January 1, 2025: Key details

India Today  

Shares of ITC inched higher on Tuesday after the company announced that the demerger of its hotels business, ITC Hotels Ltd, will take effect from January 1, 2025. DETAILS OF THE DEMERGER In its update to the exchanges, ITC stated that both ITC Limited and ITC Hotels Limited have confirmed that all conditions required under Clause 28 of the scheme …

ITC sets January 1, 2025 as effective date for demerger of hotel business
3 months, 1 week ago

ITC sets January 1, 2025 as effective date for demerger of hotel business

Live Mint  

ITC Ltd on Tuesday said that the company has fixed January 1, 2025, as the effective date for demerger of its hotel business after receiving an approval order from the National Company Law Tribunal. ITC share price gained over a percent to ₹475.00 apiece on the BSE after the announcement. “The Company has received a certified copy of the Order …

ITC sets January 1, 2025 as effective date for demerger of hotel business
3 months, 1 week ago

ITC sets January 1, 2025 as effective date for demerger of hotel business

Live Mint  

ITC Ltd on Tuesday said that the company has fixed January 1, 2025, as the effective date for demerger of its hotel business after receiving an approval order from the National Company Law Tribunal. In a stock exchange filing, ITC Ltd said that the Kolkata Bench of the National Company Law Tribunal had sanctioned the scheme of arrangement between ITC …

Over 99% of ITC's minority shareholders approve hotel business demerger
9 months, 2 weeks ago

Over 99% of ITC's minority shareholders approve hotel business demerger

Hindustan Times  

ITC’s shareholders approved the plan to separate or demerge the hotel business, Reuters reported. As per media reports, proxy advisory firms Stakeholders Empowerment Services and InGovern Research Services last month asked shareholders to support the demerger proposal, while Institutional Investor Advisory Services opposed the move, the article read. "ITC must provide greater clarity with respect to the size of the …

Minority shareholders to benefit from ITC Hotels demerger, will unlock value and improve return ratio
9 months, 3 weeks ago

Minority shareholders to benefit from ITC Hotels demerger, will unlock value and improve return ratio

Live Mint  

Minority shareholders are expected to benefit from the demerger of ITC's hotel business into a separate entity, ITC Hotels, as it may unlock value for them and improve return ratios of the FMCG major, as per reports of four proxy advisory firms. The reports from proxy advisory firms, including InGovern Research Services, ISS and SES, come ahead of the June …

BAT likely to sell 3.5% stake in ITC for Rs 17K crore on Wednesday
1 year ago

BAT likely to sell 3.5% stake in ITC for Rs 17K crore on Wednesday

Business Standard  

British American Tobacco, the multinational company that makes and sells cigarettes, tobacco and other nicotine products, on Tuesday said it planned to sell up to 3.5 per cent in ITC by way of block deals on Wednesday. BAT has offered a 5 per cent discount to investors with the block deal price band ranging from Rs 384 to Rs 400.25 …

ITC shares drop over 4% as BAT says working towards monetising some of its stake
1 year, 1 month ago

ITC shares drop over 4% as BAT says working towards monetising some of its stake

Live Mint  

ITC share price traded over 4% lower on Thursday as its largest shareholder BAT is working towards offloading some of its stake in the cigarette-to-hotels conglomerate. Our shareholding in ITC has existed in one way or another since the early 1900s and is subject to numerous share capital changes and regulatory restrictions,” BAT said. BAT also highlighted that the Group’s …

ITC Q1 net profit rises 16% to ₹5,180 crore
1 year, 7 months ago

ITC Q1 net profit rises 16% to ₹5,180 crore

The Hindu  

Diversified entity ITC Ltd. on Monday reported a 16.08% rise in consolidated net profit to ₹5,180.12 crore for the first quarter ended June. During the June quarter, revenue from the "total FMCG" segment, which also includes cigarettes, surged 13.46% to ₹13,528.37 crore. "The Businesses continued to drive improvement in profitability through multi-pronged interventions viz premiumisation, supply chain optimisation, judicious pricing …

ITC Q1 Results Highlights: Net profit rises 17.5% to ₹4,902 cr; board approves 25% stake in Maharaja Resort
1 year, 7 months ago

ITC Q1 Results Highlights: Net profit rises 17.5% to ₹4,902 cr; board approves 25% stake in Maharaja Resort

Live Mint  

ITC Q1 Results Live: ITC Ltd announce its April-June quarter results for fiscal 2023-24 on August 14, reporting a rise of 17.5 per cent in standalone net profit at ₹4,902 crore, compared to ₹4,169.38 crore in the corresponding period last year. ITC Q1 Results Live: Hotel biz demerger: approvals and timelines View Full Image Timelines of listing ITC hotels ITC …

ITC AGM Live: Hotel business demerger to sharpen capital allocation for ITC, says MD Sanjiv Puri at 112th Annual General
1 year, 7 months ago

ITC AGM Live: Hotel business demerger to sharpen capital allocation for ITC, says MD Sanjiv Puri at 112th Annual General

Live Mint  

ITC Ltd, the cigarette manufacturer and the FMCG major, is holding its 112th Annual General Meeting on August 11. ITC AGM Live Updates: ITC shares trade lower ITC AGM: ITC share price was trading lower even after ITC CMD Sanjiv Puri addressed shareholders at 112th annual general meeting. ITC AGM Live Updates: ITC shares fall as CMD Sanjiv Puri addresses …

ITC-ITC Hotels demerger to unlock value for company, says Nuvama Equities
1 year, 7 months ago

ITC-ITC Hotels demerger to unlock value for company, says Nuvama Equities

Live Mint  

Domestic brokerage, Nuvama Institutional Equities in its recent report highlighted key points from the recent ITC analyst call following ITC and ITC Hotels demerger. The domestic brokerage reported after the ITC analyst call that the demerger of the hotel division creates value for current ITC shareholders. The newly formed company and ITC will both have West Bengal registered offices, hence …

ITC shares snap three-day losing run, rebound 2% as street sees positives in hotel business demerger
1 year, 8 months ago

ITC shares snap three-day losing run, rebound 2% as street sees positives in hotel business demerger

News 18  

Snapping its three-day losing run, cigarettes-to-hotels conglomerate ITC shares rebounded by more than 2% in Wednesday’s trade. ITC shares declined nearly 6% in the three sessions after the company announced a proposal to demerge the hospitality business into a separate company named ITC Hotels Ltd. Shares of the company closed 1.85% lower at Rs 462.20 apiece on BSE on Tuesday …

ITC hotels unit stock expected to be valued in ₹15-27 range
1 year, 8 months ago

ITC hotels unit stock expected to be valued in ₹15-27 range

Live Mint  

Brokerages forecast ITC Hotels' share price to range between ₹15 to ₹27 after demerging its hotel operations into a new firm, named ITC Hotels where it will hold 40% ownership and the remaining 60% will be controlled by shareholders directly. The National Company Law Tribunal's scheme of arrangement was given in principle permission by the ITC board on Monday to …

ITC share price continues to fall for second day after hotel unit demerger
1 year, 8 months ago

ITC share price continues to fall for second day after hotel unit demerger

Live Mint  

ITC share price continued its downward movement for the second staright day on July 25, a day after the company officially announced the demerger of its hotel business. “After due consideration, the board accorded its in-principle approval to the demerger of the hotels business under a scheme of arrangement, with the company holding a stake of about 40 per cent …

Why ITC shares fell 4% after hotel business demerger announcement? - Explained
1 year, 8 months ago

Why ITC shares fell 4% after hotel business demerger announcement? - Explained

Live Mint  

ITC officially announced the demerger of its hotel business on Monday, putting all the rumours to rest. “After due consideration, the board accorded its in-principle approval to the demerger of the hotels business under a scheme of arrangement, with the company holding a stake of about 40 per cent in the new entity and the balance shareholding of about 60 …

ITC board gives in-principle nod for demerger of hotels business
1 year, 8 months ago

ITC board gives in-principle nod for demerger of hotels business

Live Mint  

ITC Ltd. board has given in-principle approval for the demerger of its hotels business and to incorporate a wholly owned subsidiary called ITC Hotels. “After due consideration, the Board accorded its in-principle approval to the demerger of Hotels Business under a scheme of arrangement, with the Company holding a stake of about 40% in the new entity and the balance …

ITC’s demerger for hotel biz underway; shares hit 52-week high; check details
1 year, 8 months ago

ITC’s demerger for hotel biz underway; shares hit 52-week high; check details

Live Mint  

Shares of ITC Ltd rallied over three per cent to hit a 52-week high of ₹480.60 after media reports stated that the company's demerger process for its hotel business is now underway. ITC's hotel business demerger has been cited as one of the key triggers for further potential upside on the stock by analysts. Last year, Chairman and Managing Director …

ITC moves NCLT seeking to cancel Hotel Leelaventure sale;hearing on June 18
5 years, 11 months ago

ITC moves NCLT seeking to cancel Hotel Leelaventure sale;hearing on June 18

Live Mint  

The NCLT Wednesday issued notices to promoters of Hotel Leelaventure and its lender JM Financial ARC to reply to an ITC petition seeking a waiver of 10% minimum shareholding for minority shareholders to be counted in management matters and adjounred the matter to June 18. ITC is seeking a waiver of the 10% minimum shareholding requirement to file a petition …

ITC aims to match revenues from managed hotels to that from owned properties
6 years, 7 months ago

ITC aims to match revenues from managed hotels to that from owned properties

Live Mint  

Kolkata: After years of pursuing growth by building properties across India, ITC Ltd is looking to raise the share of revenue from managed hotels in a bid to shore up shareholder returns from the segment. Currently, ITC’s hotels division earns 60% of its revenue from owned properties. For the past few years, the division has been under pressure because of …

ITC Q3 net profit up 17% at Rs 3,090.20 cr; FMCG revenue declines 31%
7 years, 2 months ago

ITC Q3 net profit up 17% at Rs 3,090.20 cr; FMCG revenue declines 31%

Firstpost  

ITC’s total income during the October-December quarter stood at Rs 10,579.11 crore New Delhi: Diversified group ITC Ltd on Friday reported a 16.75 percent increase in its net profit at Rs 3,090.20 crore for the quarter ended December 31, 2017. The company had posted a net profit of Rs 2,646.73 crore during the same period previous fiscal, ITC Ltd said …

Centre to exit 3 ITDC hotels, handover stakes to state govts
7 years, 6 months ago

Centre to exit 3 ITDC hotels, handover stakes to state govts

India TV News  

As part of the disinvestment exercise, the Centre today decided to exit three ITDC hotels including Jaipur Ashok and handover them to the state governments concerned. The Union Cabinet approved the transfer of Hotel Jaipur Ashok and Lalitha Mahal Palace Hotel, Mysore, to the governments of Rajasthan and Karnataka, Finance Minister Arun Jaitley said. Briefing the media after the Cabinet …

ITC set to spread wings
12 years, 6 months ago

ITC set to spread wings

The Hindu  

The ITC group is in the process of expanding its hotel chain in the country even as it is well on course to set up its maiden venture overseas with a Greenfield project in Sri Lanka. “We have a huge investment plan for hotels,” ITC Ltd Chairman Y. C. Deveshwar told presspersons after the inauguration of ITC Grand Chola, a …

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