Investors of ITC, its hotels arm may gain in demerger
As per the merger scheme, ITC itself would retain 40% of the hotel shareholding, and the remaining 60% would be held by the existing ITC shareholders.
Nifty 50 companies likely to post gradual recovery in December quarter
According to the ETIG quarterly estimates, the sample’s revenue and net profit may grow by 5.7% and 13.2%, respectively. In the previous quarter, revenue and profit had grown by 5.6% and 6.7%, respectively.
Sea change in regulatory top deck this year
India’s banking and financial regulation landscape is likely to see changes. The Reserve Bank of India recently appointed a new governor. Several deputy governors, as well as heads of the Securities and Exchange Board of India and the Insurance Regulatory and Development Authority, will complete their terms in the coming months. Markets are watching these […]