demerger News

ITC Hotels Achieves Unprecedented Financial Success in First Quarter After Independence from ITC Group

ITC Hotels reports record revenue and profit in its first quarter post-demerger from ITC Group, with significant growth in room and food revenues. The company's strategic expansion...

Aditya Birla Fashion Aims to Secure $500 Million in Funding Prior to Strategic Demerger

Aditya Birla Fashion and Retail (ABFRL) is preparing to raise $500 million through equity shares ahead of its vertical demerger. Significant investments from Pilani Investment and ...

ITC Hotels Aims for Accelerated Growth Post-Demerger: A New Era Begins

ITC Hotels, post its demerger from the parent group, is focusing on accelerated growth with plans to expand to 200 hotels by 2030. The company is shifting towards a higher proporti...