Passive funds have to sell Rs 1.5K crore ITC Hotels shares after listing

 Domestic passive mutual fund (MF) schemes will have to sell around Rs 1,500 crore worth of ITC Hotels shares once the demerged entity lists on the exchanges, according to estimates. IMAGE:......

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

ITC's spunoff unit to remain part of Sensex, Nifty for 3 days post-listing to help index funds navigate change. Photograph: Amit Dave/Reuters ITC's move to hive off its hotel business will have......

ITC demerger: Analysts upbeat on ITC share outlook; support seen at Rs 442

With just four trading sessions to go for the ITC-ITC Hotels demerger record date shares of ITC continue to consolidate in a thin range of Rs 460 - Rs 480 in an otherwise volatile equity market.......

Markets end in green; Sensex climbs 319 points

Equity benchmark indices Sensex and Nifty rallied for the third session on the trot, helped by a rally in global markets after lower-than-expected consumer inflation in the US ignited hopes of more......

FIFA's transfer market in legal jeopardy, Billions at stake

IMAGE: FIFA Headquarters in Zurich, Switzerland. Photograph: FIFA Soccer's player transfer system will be in the spotlight and could even be on the brink of collapse on Friday when the Court of......

FIFA player transfer rules breach EU law, says top court

'All professional players have been affected by these illegal rules (in force since 2001!) and can therefore now seek compensation for their losses.' IMAGE: The Court of Justice of the European......

Special Cake For Team India!

Photograph and videos: ANI/X The party's still on for Team India! After their triumphant return from the T20 World Cup, the champions were treated to a special cake-cutting ceremony at the ITC......

SKY's Bhangra Moves!

Photograph: Kind Courtesy Anup barnwal/X Team India's jubilant return after their T20 World Cup victory is in full swing! After landing in Delhi on Thursday morning, the squad was pampered at the......

What A Welcome For World Champions!

IMAGE: A young fan at the Indira Gandhi international airport in New Delhi early on Thursday morning. Photograph and Videos: ANI/X   Exuberant fans braved rain and heavy security deployment......