The parent ITC will continue to provide the business with its brand name, governance, and other synergies, while its own return profile is expected to improve as the hotel business is more capital intensive, said analysts.
Hindustan Unilever and RailTel Corporation, along with eight other companies, have set November 6 as the record date for their declared dividends. Today marks the
Whirlpool Corp is divesting a 31% stake in its Indian arm, attracting interest from Reliance Retail, Havells India, and buyout funds like EQT and Bain
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