Why ITC share is falling after hotel demerger announcement
Shareholders seemed to be unhappy with demerger ratio as they would not get one share against each share they are holding in ITC.
Shareholders seemed to be unhappy with demerger ratio as they would not get one share against each share they are holding in ITC.
The FMCG major has joined the league of biggies such as RIL, TCS, HDFC Bank, ICICI Bank, HUL, and Infosys to become the seventh-most valued firm on BSE.
The ITC board recommended a final dividend of ₹6.75 and a special dividend of ₹2.75 per equity share.
Though adopting sustainable practices has become mandatory for hospitality companies, it is an expensive proposition for the legacy brands.
ICRA expects pan-India premium hotel occupancy to be at 68-70% for FY23.
Restaurant associations say that when service charge is mentioned on the menu, it involves an implied consent of the consumer to pay the charge.
Cloud kitchen as a concept was gaining popularity even before the pandemic struck, but now they have become more lucrative, and can operate in a fraction of the traditional restaurant space.
Covid-19 hasn’t dampened the spirit of Lemon Tree Hotels’ founder Patanjali Keswani. Instead, the hotelier sees this as an opportunity to expand, albeit via a more sustainable business model.
A luxury holiday resort can be the perfect summer getaway. Here we bring you a list of some hotels to make your vacation memorable.
Rohit Kapoor, CEO of new real estate businesses, to take over as head of India and South Asia.