ITC to hive off hotels business into separate entity

Diversified entity ITC Ltd on Monday said it will demerge its hotels business by incorporating wholly-owned subsidiary ITC Hotels Ltd, paving way to attract appropriate investors and strategic......

ITC Hotel to launch boutique luxury property, its 6th

Mementos, the new brand, would be aimed at addressing the need for boutique luxury hotels across various destinations. IMAGE: The Welcomhotel Tavleen Chail in Himachal Pradesh. Photograph:......

ITC adopting disruptive business models as part of strategy reset

ITC has extensively reset its strategy and will explore opportunities to craft disruptive business models to set up structural drivers helmed by digital and sustainability for its next horizon of......

ITC diversifying tobacco biz to capture US vaping market

ITC is diversifying its tobacco business to manufacture and export nicotine and nicotine-derivative products to capture the growing demand for oral and vaping products in the US and EU markets.......